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Ron Paul comments on the Housing Bill or "The Mother Of All Bailouts"
In addition to throwing economic fundamentals out the window, Paul points out the peculiarities that mortgage brokers must now be fingerprinted and that credit card transactions will now be reported to the I.R.S. CONgress ≠ PROgress.
The following is excerpted from Congressman Paul's Statement on H.R. 3221:
"Madam Speaker, For several years, followers of the Austrian school of economics have warned that unless Congress moved to end the implicit government guarantee of Fannie Mae and Freddie Mac, and took other steps to disengage the US Government from the housing market, America would face a crisis in housing. This crisis would force Congress to chose between authorizing a taxpayer bailout of Fannie and Freddie, and other measures increasing government’s involvement in housing, or restoring a free-market in housing by ending government support for Fannie and Freddie and repealing all laws that interfere in housing. The bursting of the housing bubble, and the recent near-collapse in investor support for Fannie and Freddie has proven my fellow Austrians correct. Unfortunately, but not surprisingly, instead of ending the prior interventions in the housing market that are responsible for the current crisis, Congress is increasing the level of government intervention in the housing market. This is the equivalent of giving a drug addict another fix, which will only make the necessary withdrawal more painful.
The provision giving the Treasury Secretary a blank check to purchase Fannie and Freddie stock not only makes the implicit government guarantee of Fannie and Freddie explicit, it represents another unconstitutional delegation of Congress’ Constitutional authority to control the allocation of taxpayer dollars. While the Treasury Secretary has to file a report with Congress, the lack of any effective standards for the expenditure of funds makes it impossible for Congress to perform effective oversight on Treasury’s expenditures.
HR 3221 also takes another troubling step toward the creation of surveillance state by creating a Nationwide Mortgage Licensing System and Registry. This federal database will contain personal information about anyone wishing to work as a “loan originator.” “Loan originator" is defined broadly as anyone who "takes a residential loan application; and offers or negotiates terms of a residential mortgage loan for compensation or gain." According to some analysts, this definition is so broad as to cover part-time clerks and real estate agents who receive even minimal compensation from "originators." Additionally, this database forced on industry will be funded by fees paid to the federal banking agencies, yet another costly burden to the American taxpayers.
Among the information that will be collected from loan originators for inclusion in the federal database are fingerprints. Madam Speaker, giving the federal government the power to force Americans who wish to work in real estate to submit their fingerprints to a federal database opens the door to numerous abuses of privacy and civil liberties and establishes a dangerous precedent. Fingerprint databases and background checks have been no deterrent to espionage and fraud among governmental agencies, and will likewise fail to prevent fraud in the real estate market. I am amazed to see some members who are usually outspoken advocates of civil liberties and defenders of the Fourth Amendment support this new threat to privacy."
(End of excerpt)
Full transcript of Congressman Paul's Statement
http://www.house.gov/paul/congrec/congrec2008/cr072408h...
For more information on H.R. 3221 please visit THOMAS (The Library of Congress)
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.03221:
In addition to throwing economic fundamentals out the window, Paul points out the peculiarities that mortgage brokers must now be fing... more -
Matt Gonzalez - Natl Latino Congreso- Ralph Nader's VP
Listen to how intelligent this man is, Nader Gonzalez have more integrity in a pinky finger than the rest of the candidates combined
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Ron Paul moves convention rally to bigger arena
(CNN)— Former Republican presidential candidate Ron Paul is moving forward with plans for his own rally during the Republican National Convention —and is moving his location to a larger arena to accommodate the unprecedented response.
The three day event called ‘Rally for the Republic’ will officially launch Paul’s new political action group: the ‘Campaign for Liberty.’ When planning for the event began earlier this year, it was originally scheduled to take place at the University of Minnesota, but due to a “strong initial response,” it was moved to The Target in Minneapolis, which can house up to 18,000 people.
"The Rally for the Republic will send a powerful, positive message to the Republican Party that there is an army of grassroots activists across the country ready to work with them if steer back to their traditions of limited government and personal liberty," said Campaign for Liberty spokesman Jesse Benton.
Paul, who has often voiced his differing policy views from presumptive Republican nominee John McCain, has made it clear in past interviews with CNN his supporters won’t be in Minneapolis to interfere or cause problems for the Republican Party.
“We’re not going to disrupt them,” Paul told CNN last month. “We’re not going to demonstrate as much as present a positive case for values that we believe should be the Republican values.”
From August 31 through September 1, the former presidential dark horse will hold a series of grassroots leadership and training events culminating with a “celebration of traditional Republican values,” where Grover Norquist, Tucker Carlson, Gov. Gary Johnson, Barry Goldwater Jr. and Bruce Fein are expected to speak. (CNN)— Former Republican presidential candidate Ron Paul is moving forward with plans for his own rally during the Republican National... more -
YouTube - Ron Paul Educates McCain
Who really understands foreign policy? Are the Republicans really going to pick McCain?
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The Nature of Revolution Ron Paul Style
Revolution Ron Paul Style, the Fun is Just Beginning
Szandor Blestman
July 21, 2008
As anyone who has been paying attention to the Ron Paul r3VOLution knows, the movement was never really about getting Ron Paul elected president – although that certainly should have happened considering the other (cough) candidates and it would have been the icing on the cake – it was about getting the message of freedom back into the American consciousness. His was a campaign about getting rid of the Fed and returning to honest money. His was a campaign about dismantling the IRS, eliminating the income tax and allowing the people to keep the fruits of their labor. It was a campaign about ending not only the war in Iraq, but American involvement in all wars. It was about bringing home not only the men fighting and dying on foreign battlefields, but those conducting their everyday lives on bases even in peaceful countries where our imperial presence is maintained. It was about paring down the centralized federal government to a more manageable size and freeing ourselves from its omnipresence. Basically, it was about changing the paradigm we live in and ridding ourselves of our dependency on government.
It is difficult, however, to build a structure upside down. A pyramid with its point planted firmly in the ground and its base floating in the air high above is destined to fall over one day. Politics in a republic can follow a similar fate. The head of government can accomplish nothing if his base is spread out far above him trying to outflank him to maintain power. In order for the structure to maintain its stability, it must be built from the bottom up. It is therefore necessary to start electing freedom loving politicians to local offices and as representatives. These are the slabs of stone we will be able to build upon as we structure our political system to support smaller government of an individual mindset rather than the collectivist, socialist style system of authoritarian government we have today. Anyone who understands this message of liberty, is principled and can afford to do so should run for local office and try to start by reducing the size of local government. These people can do something such as signing a smaller government pledge in order to show their sincerity.
Revolution Ron Paul Style, the Fun is Just Beginning Szandor Blestman July 21, 2008 ... more -
Those Who Predicted Credit Crunch Have More Predictions for America's Financial Fu...
“We are now the largest debtor nation in the history of the world. We owe $13 trillion, and we get $1 trillion further into debt every fifteen months. That’s the world giving up on America.”
—Jim Rogers, investor, who has predicted a stock-market fall and commodities boom
[more inside] “We are now the largest debtor nation in the history of the world. We owe $13 trillion, and we get $1 trillion further into debt every... more -
Ron Paul Doesn't Look So "Crazy" Now, Does He, New Yorkers?
Look, it's Ron Paul! But what is he doing in New York, the fancy magazine for elites, alongside establishment finance types like a former Morgan Stanley economist and a famous investor? Isn't he sort of "kooky?" Everyone (who didn't live in a basement or wasn't a furry) laughed at Paul's quest for the 2008 Republican presidential nomination, especially since Paul wanted to get rid of the Federal Reserve and take America back to the gold standard, in which money is backed by something other than the worthless promises of filthy bankers and shiftless bureaucrats. But now it looks like the Fed's board of governors may be leading us into depression, and even that capitalist bible the Wall Street Journal ran an article this weekend speculating that the thinking behind the gold standard, if not the standard itself, "will have its day again." So Paul's stock is rising! Let's hear what terrible things he has to say about our future:
“I think we are maybe 10 percent into this crisis. The economic distortions have been building for longer than we’ve seen in the history of the world. Never have we had such confidence falsely placed in a reserve currency.”
Ha ha, you know what's funny about that Ron Paul quote? It's probably the least disturbing one in the entire New York charticle. The people from inside the financial system sound far more depressing. Here's the former Morgan Stanley chief economist:
“The American consumer is toast. We’re talking a multiyear adjustment, at least two or three years, maybe more. Does that mean America is over? Does that mean we have a whole new world order? The jury’s out on that
If you really want to ruin your Monday, go ahead and click through and read the other two quotes. The short version is that you'll soon be starving in the street, but in the meantime don't stop reading, because there's this new tapas place New York would like to tell you about! Look, it's Ron Paul! But what is he doing in New York, the fancy magazine for elites, alongside establishment finance types like a for... more -
Ron Paul on the Second Amendment.
Ron Paul discusses the second amendment and its impact on us today.
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GOP Asks Net For Advice, Paulites Answer the Call ... and Answer, and Answer
When the Republican Party issued a clarion call last week for its grassroots supporters to submit ideas online to build the party's platform, Republican National Committee officials probably weren't expecting a concerted push for the dismantling of the Federal Reserve and a return to the gold standard.
But Ron Paul supporters have made themselves at home on the the GOP platform site, sounding many of the themes that turned the Texas congressman's doomed run for the Republican presidential nod into an internet cause célèbre. When the Republican Party issued a clarion call last week for its grassroots supporters to submit ideas online to build the party's pl... more -
Dr. Paul on Bernanke’s Testimony
Here’s a new video from Dr. Paul, telling us about Ben Bernanke’s testimony. How much more interesting Congress is thanks to Ron Paul, the one truth teller. Without him, it’d be a lot of bootlicking questions and waving of incense before the sacred Ben. (And P.S.: Dr. Paul’s book The Revolution: A Manifesto, which explains all these issues in layman’s terms, will move up on the New York Times bestseller list from #23 this Sunday to #17 on the list for July 27.) Here’s a new video from Dr. Paul, telling us about Ben Bernanke’s testimony. How much more interesting Congress is thanks to Ron Paul,... more
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Ron Paul tells Bernanke he is the "biggest taxer in the country" at Monetary Polic...
Segments of Congressman Paul (R-TX) addressing Fed Chairman Ben Bernanke at the Humphrey Hawkins Hearing on Monetary Policy on July 16th. Paul speaks about the problems with the Federal Reserve system and the current economic crisis. When making his point about the damaging consequences of inflation (3:29) Paul stated: "... Inflation is a tax. And if the Federal Reserve and you as chairman have this authority to increase the money supply arbitrarily you're probably the biggest taxer in the country. You're a bigger taxer than the congress..."
Congressman Ron Paul's Statement before the Financial Services Committee
http://www.house.gov/apps/list/hearing/financialsvcs_de...
Archived webcast of Humphrey Hawkins Hearing on Monetary Policy
http://financialserv.edgeboss.net/wmedia/financialserv/...
House Financial Services Committee
http://www.house.gov/apps/list/hearing/financialsvcs_de...
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Video by YouTube user PopularHypocrisy Segments of Congressman Paul (R-TX) addressing Fed Chairman Ben Bernanke at the Humphrey Hawkins Hearing on Monetary Policy on July 16... more -
Reason Magazine - Conservatives Against Empire
The forgotten tradition of the antiwar right
W. James Antle, III reviews: Ain’t My America: The Long, Noble History of Antiwar Conservatism and Middle-American Anti-Imperialism, by Bill Kauffman. The forgotten tradition of the antiwar right ... more -
15-20,000 People MARCHED on DC July 12th 2008
15-20,000 People Marched on Washington DC in a show of mass grass-root's support for Ron Paul's Message of Liberty and Dedication to the US Constitution! In his Speech Dr. Ron Paul encouraged everyone to march in St Paul, Minnesota on Sept 2nd in conjunction with the Republican Convention. He highlighted any plans to bomb Iran as complete Insanity and as un-constitutional and blatantly illegal. He also reminded everyone that throughout history revolutions have always been a success through the efforts of only 3-5% of the population. His speech drew many rounds of loud applause and excited calls of support from the crowd.
Brian, one of the main organizers of the Revolution March and of the North Virginia Patriots projects announced that plans for next year's Revolution March on DC are in the works!
America is obviously a lot more than what we see on TV! Thank you Fellow Patriots! Thank you America! 15-20,000 People Marched on Washington DC in a show of mass grass-root's support for Ron Paul's Message of Liberty and Dedication to t... more -
✯ Revolution March Live PA feed all day long from RevolutionBroadcasting.com!!! ✯
Can't make it to the Revolution March? Tune in to RevolutionBroadcasting.com for live coverage of ALL the speeches.
Speakers include:
✯ Tom Mullen - Private citizen, patriotic American, and our grassroots representative, with an important message for our servant government.
✯ G. Edward Griffin – founder of Freedom Force International and author of The Creature from Jekyll Island, shares his in depth research and analysis concerning the Federal Reserve System and the forces behind its inception.
✯ Charles Goyette – syndicated talk radio host based in Phoenix, Arizona to discuss a return to the country’s constitutional traditions of sound money and limited government, the foundation upon which a viable economy can be rebuilt.
✯ Bob Schulz - founder of We The People Congress and We The People Foundation for Constitutional Education, to speak on the People’s ability to hold the government accountable to the Constitution and restore the Republic by exercising their natural Right of Redress.
✯ Marcy Brooks – Juror in the tax trial of Whitey Harell v. State of Illinois (featured in Aaron Russo’s America: From Freedom to Fascism will talk about the responsibility of being a juror in tax evasion cases.
✯ Thomas E Woods Jr - author of "Who Killed the Constitution?: The Fate of American Liberty from World War I to George W. Bush" to discuss how the federal government has circumvented the Constitution and is systematically dismantling the rights and freedoms that are the foundation of a Constitutional Republic.
✯ Naomi Wolf – advocate of progressive politics and author of "The End of America: A letter of warning to a young patriot". Ms. Wolfe will take a historical look at the rise of fascism, outlining the 10 steps necessary for a state to take control of individuals' lives.
✯ Jack McLamb – Military Veteran, retired police officer, and radio talk show host to discuss the potential for martial law to come to America.
✯ Howard Phillips - Chairman of The Conservative Caucus since 1974, will discuss the multifaceted plan to turn the U.S., Canada and Mexico into a North American version of the European Union.
✯ Terri Hall – Founder and Director of Texasturf.org to discuss among other things, the ranches that are being unconstitutionally confiscated to build the Trans-Texas Corridor (NAFTA Superhighway).
✯ Jim Guest - MO representative to discuss the potential loss of U.S. Sovereignty; U.S. jobs that will permanently be lost; and environmental issues among other things, with the Kansas City Smart Port.
✯ Jeff Lewis - National Director of Fire Coalition to discuss the economic impact illegal immigration has had on the country as well as the tie between the lack of enforcement of our immigration laws and the NAU, as well as discussing why we are fighting a war on terrorism when our borders are still not secured.
✯ Michael Scheuer – 22 year veteran of the CIA and bestselling author of ‘Imperial Hubris’ to discuss American foreign policy and its implications on terrorism, security, and Iraq
✯ Adam Kokesh - Representative from the Iraq Veterans Against the War to address IVAW's strategy to end the war, the greatest injustice of our time, and how that strategic thinking can be extrapolated to the broader movement in terms of active resistance.
✯ Chuck Baldwin – Constitution Party Presidential Candidate, Pastor, and radio talk show host to speak about hope for America and a new breed of politician.
✯ Ron Paul - to speak about the future of the Revolution.
Can't make it to the Revolution March? Tune in to RevolutionBroadcasting.com for live coverage of ALL the speeches. ... more -
Libertarians: a (not so) lunatic fringe - TIME
Time reports on the growing liberty revolution taking place in the United States started by Ron Paul and continuing with the growing influence and strength of the Libertarian Party and it's candidate, Bob Barr. Zogby has recently recored Barr as reaching 6% in the polls. Time reports on the growing liberty revolution taking place in the United States started by Ron Paul and continuing with the growing i... more
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Ron Paul *Iranians Tested Missiles AFTER Israel had WAR GAMES!
I don't agree with everything Ron Paul advocates, but this video speaks volumes. We need to listen to the voices of reason over the warmongers who led us to war wrongly with Iraq. We can't let them do it again. Congress needs to think long and hard before they give George W. more power.
Ron Paul speaks for Democrats and Republicans. Many Americans realize we are on the wrong course. We need Congressional leadership. I don't agree with everything Ron Paul advocates, but this video speaks volumes. We need to listen to the voices of reason over the w... more -
Russell Means spoke yesterday at 4th of July celebration in Sturgis
Our friend Russ Means spoke, signed books and did a presentation of Lakota culture and dance at the Ron Paul 4th of July Celebration weekend in Sturgis, South Dakota yesterday, July 3rd.
Russell Means ran for President on the Libertarian ticket a while back and lost the party nomination to Ron Paul by only a few votes.
Russell and his family danced and did a presentation on Lakotah culture on July 3rd at the gathering sponsored by the Libertarians and their Raging Grannies.
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July 3 Schedule
The Day starts at 10am for Speakers and Ends around 5pm
Start your day with a Granny Warrior All-You-Can-Eat Breakfast Bar.
Roger Weidner
Jack McLamb
Frank McEnulty
Ernest Hancock
Russell Means - Lakota Heritage Celebration. Available for book signing! Get your copy today!
Book signing hour. The Authors will be bringing some books to sell, but they will not have enough for everybody, we suggest to pre-buy and bring one!
6:00 Dinner provided by the Lakotah People. Home Cooked Buffalo Stew with Fried Bread! (And don't forget we have our other food vendors as well!)
Movies will also be showing on a big screen
Dusk Fireworks at Mt Rushmore
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From TouchArt.net and OneEarthBlog.blogspot.com
where we've seen Russ Means and his family dance
and been inspired by this great leader's love of
his family, culture and Lakotah people. Our friend Russ Means spoke, signed books and did a presentation of Lakota culture and dance at the Ron Paul 4th of July Celebration w... more -
Something Big is Going On
by: Ron Paul - Campaign For Liberty
The following statement is written by Congressman Paul about the pending financial disaster. He will introduce this statement as a special order and insert it into the Congressional Record next week. Fortunately, we have the opportunity to debut it first on the Campaign for Liberty blog. It reads as follows:
I have, for the past 35 years, expressed my grave concern for the future of America. The course we have taken over the past century has threatened our liberties, security and prosperity. In spite of these long-held concerns, I have days—growing more frequent all the time—when I’m convinced the time is now upon us that some Big Events are about to occur. These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed.
Though the world has long suffered from the senselessness of wars that should have been avoided, my greatest fear is that the course on which we find ourselves will bring even greater conflict and economic suffering to the innocent people of the world—unless we quickly change our ways.
America, with her traditions of free markets and property rights, led the way toward great wealth and progress throughout the world as well as at home. Since we have lost our confidence in the principles of liberty, self reliance, hard work and frugality, and instead took on empire building, financed through inflation and debt, all this has changed. This is indeed frightening and an historic event.
The problem we face is not new in history. Authoritarianism has been around a long time. For centuries, inflation and debt have been used by tyrants to hold power, promote aggression, and provide “bread and circuses” for the people. The notion that a country can afford “guns and butter” with no significant penalty existed even before the 1960s when it became a popular slogan. It was then, though, we were told the Vietnam War and a massive expansion of the welfare state were not problems. The seventies proved that assumption wrong.
Today things are different from even ancient times or the 1970s. There is something to the argument that we are now a global economy. The world has more people and is more integrated due to modern technology, communications, and travel. If modern technology had been used to promote the ideas of liberty, free markets, sound money and trade, it would have ushered in a new golden age—a globalism we could accept.
Instead, the wealth and freedom we now enjoy are shrinking and rest upon a fragile philosophic infrastructure. It is not unlike the levies and bridges in our own country that our system of war and welfare has caused us to ignore.
I’m fearful that my concerns have been legitimate and may even be worse than I first thought. They are now at our doorstep. Time is short for making a course correction before this grand experiment in liberty goes into deep hibernation.
There are reasons to believe this coming crisis is different and bigger than the world has ever experienced. Instead of using globalism in a positive fashion, it’s been used to globalize all of the mistakes of the politicians, bureaucrats and central bankers.
Being an unchallenged sole superpower was never accepted by us with a sense of humility and respect. Our arrogance and aggressiveness have been used to promote a world empire backed by the most powerful army of history. This type of globalist intervention creates problems for all citizens of the world and fails to contribute to the well-being of the world’s populations. Just think how our personal liberties have been trashed here at home in the last decade.
Continued at link ...
by: Ron Paul - Campaign For Liberty ... more -
Surveillance Protest Group Now Tops Obama Website
Heres some fodder for Obama haters
Obamas FISA vote isnt going over well with his supporters including me.
Obama will be forced to change his opinion on this one if he wants to lock up independent voters or even Ron Paul supporters. Heres some fodder for Obama haters Obamas FISA vote isnt going over well with his supporters including me. ... more -
States refusing grants for abstinence education
Only 28 states are still accepting federal funding for "abstinence-only" sexual education. The program is down 40% in just two years.
The abstinence-focused approach has been supported by President George Bush from the beginning of time, as he believes that hiding the facts from kids somehow helps them.
However, scientific research is proving that abstinence-only sex ed simply doesn't work. More kids get pregnant when they don't have adequate information about their own bodies. In fact, the states with the highest rates of teen pregnancy, like Texas, generally support or use some form of abstinence-only education.
More and more people, and states, are realizing that we need to give our kids all the information about sex and their bodies in order to help them make healthy decisions and prevent unplanned pregnancies.
Comprehensive sexual education is becoming increasingly popular and it is being funded by states entirely.
This will be an important issue in the 2008 election, and it has already surfaced. Obama has said that he supports comprehensive sexual education that is age-appropriate beginning in early elementary school and John McCain supports abstinence-only policies.
Here in Texas, it is very unfortunate that we accept the most federal funding for abstinence-only sexual education. This is due in part because our State Board of Education is extremely conservative and asserts its religious views into public policy and because we have representatives like Ron Paul, who support abstinence-only and oppose comprehensive sexual education.
I think this is a good shift, even as a Texan (OMG, he's liberal? can cowboys do that? I wonder what his horse thinks about this....), because I think our kids deserve to know the fats about sex, but what do you think? Only 28 states are still accepting federal funding for "abstinence-only" sexual education. The program is down 40% in just two years.... more
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