Government is stupid. Discover a better way to organize society. 

Facebook Twitter YouTube RSS
formats

Security and Self-Governance

The senseless and horrific killings last week at a movie theater in Colorado reminded Americans that life is fragile and beautiful, and we should not take family, friends, and loved ones for granted. Our prayers go out to the injured victims and the families of those killed. As a nation we should use this terrible

formats

Inflation is a Monetary Phenomenon

Later this month Congress will have an unprecedented opportunity to force the Federal Reserve to provide meaningful transparency to lawmakers and taxpayers. HR 459, my bill known as “Audit the Fed,” is scheduled for a vote before the full Congress in July. More than 270 of my colleagues cosponsored the bill, and it has the

formats

Fractional Reserve Banking, Government, and Moral Hazard

Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. In practice, nearly 100% of deposits are loaned out, yet

formats

Audit the Fed Headed for the House Floor!

Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor vote expected sometime in late July, and with a whopping 263 cosponsors, the chances of it passing have never looked better! This is an unprecedented opportunity for transparency into how the currency of the United States is handled, and mishandled by the Federal Reserve. It is more important than ever that my colleagues in the House and Senate understand what this legislation does and why it is so important.

formats

Government is Already Too Involved in Healthcare

This week the Supreme Court is expected to issue its long-awaited decision regarding the constitutionality of the “Obamacare” law. I recently discussed absurd legal arguments by Obamacare advocates that Congress can compel the purchase of health insurance, and the dismal record of federal courts applying so-called “judicial review” in protecting liberty. It is obvious that

formats

Unconstitutional Uses of Drones Must Stop

Last week I joined several of my colleagues in sending a letter to President Obama requesting clarification of his criteria for the lethal use of drones overseas. Administration officials assure us that a “high degree of confidence” is required that the person targeted by a drone is a terrorist. However, press reports have suggested that

formats

The CBO Sees the Economic Cliff Ahead

Last week the Congressional Budget Office (CBO) issued its annual long-term budget outlook report, and the 2012 numbers are not promising. In fact, the CBO estimates that federal debt will rise to 70% of GDP by the end of the year — the highest percentage since World War II. The report also paints a stark

formats

The Supreme Court and Obamacare

Last week the Supreme Court heard arguments concerning the constitutionality of the Obamacare law, focusing on the mandate requiring every American to buy health insurance or pay fines enforced by the IRS. Hopefully the Court will strike down this abomination, but we must recognize that the federal judiciary has an abysmal record when it comes

formats

Hemp History Week

Statement of Congressman Ron Paul United States House of Representatives Statement on Hemp History Week Madam Speaker, I rise to speak about Hemp History Week. To celebrate the American heritage of growing industrial hemp, the Hemp Industries Association, Vote Hemp, several American manufacturers, and allied companies and organizations have declared May 17 to May 23

formats

Yemen on the Brink: Implications for U.S. Policy

I am extremely concerned over current US policy toward Yemen, which I believe will backfire and leave the United States less safe and much poorer. Increasing US involvement in Yemen may be sold as a fight against terrorism, but in fact it is more about expanding US government control and influence over this strategically-placed nation

Home Articles posted by Ron Paul (Page 4)