Ron Paul Stands Up to Goliath
Recently by Ron Paul: Celebrating the Fight for Freedom on the Fourth
As you know, Congressman Ron Paul of Texas is one of my heroes, a real-life American Patriot in a world of sleezy, self-serving, amoral politicians.
For years, he has stated exactly what I have been saying, that the country is being destroyed by loose monetary policy (i.e. printing money) by the Federal Reserve, not to mention equally loose fiscal policy by Congress, which appears motivated by one thing and one thing only; the lobbying funds of WALL STREET (what funds are left, mostly because Congress just GAVE them out to those insolvent institutions courtesy of the taxpayers).
Mr. Paul has introduced a bill to have the Federal Reserve, the most secretive group of slime in the world, audited. By the way, the Fed is NOT a government institution, but a privately-owned bank by Goldman Sachs, JP Morgan, etc., charged with monetary policy. The Fed was created during a special Christmas session of Congress back in 1913, where very few members even showed up to vote, and has since debased the currency by more than 95% (and counting) while generating wild profits for the banks that own it.
Actually, the Constitution prohibits such an institution, stating that only the government should print money. But then again, when was the last time the Constitution was heeded? Or better yet, the last time the people showed even the slightest interest in its destruction?
Remember when Bush was allowed to bomb Iraq without a Congressional vote? Yes, that was a blatant disavowal of the Constitution as well, and look how that turned out. How about Obama taking over the auto industry and unilaterally imposing sanction and terms on the union members, bondholders, etc.? Or Paulson arbitrarily deciding that the major banks (which nearly single-handedly destroyed the economy) needed printed taxpayer money to save them?
The Constitution was created by a group of men trying to account for all of history's most destructive government practices, which time and again have been repeated (such as hyperinflation) by greedy, destructive politicians at the expense of the people. In other words, it was a direct attempt to prevent such things from occurring in the newly formed America. But alas, in just over 200 years, we have nearly completely repudiated its aims (mostly in the past decade), and not coincidentally the country is far along the road to ruin.
July 10, 2009
Dr. Ron Paul is a Republican member of Congress from Texas.
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