Category Archives: Ron Paul

Ron Paul #39;s Texas Straight Talk 2/2/15: The Failed #39;Yemen Model #39;
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Ron Paul's Texas Straight Talk 2/2/15: The Failed 'Yemen Model' - Video

Raw footage of Ron Paul interview from The Bubble film
The video owned by and used under fair use license For newest tips and predicition from Jim Rogers Don #39;t Forget To. The Bubble is a feature length documentary that ask those who predicted...

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Raw footage of Ron Paul interview from The Bubble film - Video

Ron Paul Liberty Report, Feb. 7, 2015
This edition of the Ron Paul Liberty Report covers the vaccine controversy -- who owns your body? -- and the recent uptick in fighting in Ukraine -- will the...

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Ron Paul Liberty Report, Feb. 7, 2015 - Video

Sen. Rand Paul (R., Ky.) has taken over the mantle of leading Federal Reserve critic within the Republican Party from his father, former Texas representative Ron Paul.

Mr. Paul, a likely candidate for the 2016 Republican presidential nomination, has introduced a bill that would allow for congressional audits through the Government Accountability Office of the Feds monetary policy deliberations, something Fed officials say would curb the central banks independence.

It is a controversial and complicated issue, generating sharply divided views. In an effort to clarify some aspects, we fact-checked comments he made Friday at a rally in Iowa, with input from some economists. His comments below, in italics, were transcribed from our audio recording of his speech.

The central banks operations are subject to several layers of financial audits and reviews, which are detailed on the Fed website.

On the website, for example, one can see the March 14, 2014 auditors report by Deloitte & Touche LLP on the combined financial statements of the Fed reserve banks for 2013 and 2012.Also available are links to the reports on each individual reserve bank and the board of governors, a link to Office of Inspector General reports on the Fed and a link to the U.S. GAO reports on the Fed.

Currently, the GAO reviews a variety of Fed activities, but not its conduct of monetary policy. Mr. Pauls bill would allow the agency to also examine the policy decisions.

The Feds assets are not $57 billion, theyre $4.5 trillion. Its capital is $57 billion. The Fed could in theory build a much larger capital cushion, since it has been earning record profits. But the law requires it to turn over its profits to the U.S. Treasury, so Fed officials have not retained additional capital even as its profits rose and balance sheet increased.

Central banks are different from private banks in some important ways. The Fed has the power to create money electronically and use those funds to buy assets. This means it is free from the risk of the kinds of run that brought down Lehman Brothers. The assets the Fed holds on its balance sheet include Treasury securities, agency debt and agency-backed mortgage securities, all of which are effectively backed by the full faith and credit of the U.S. government. Economists we spoke to questioned Mr. Pauls comparison.

A central bank is not comparable to a normal commercial bank, said David Blanchflower, a professor at Dartmouth College and former member of the Bank of Englands rate-setting Monetary Policy Committee. Central banks, with their own currency that they can borrow in, dont go insolvent.

Benn Steil, economist at the Council on Foreign Relations, said, the Lehman comparison is silly.

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Unfriend the Fed: Rand Pauls Attack Re-examined

Rand Paul doesnt plan to campaign with his father and hes spent years reassuring other Republicans that hes cut from a different mold than libertarian icon Ron Paul. But over the weekend, the likely presidential contender reminded voters of one area in which the two Pauls are in agreement: auditing the Federal Reserve.

The senator launched a fundraising campaign on Twitter dubbed an Audit the Fed moneybomb. For four days, his Twitter account offered missives such as, Federal Reserve officials are attacking me. Personally! Help fight back; and President Obama wants nothing more than to stop #AuditTheFed.

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The latest number listed on the web page affiliated with the effort, which ran through Monday night, showed about $80,000. The initial goal was $150,000. Paul officials didnt immediately respond to a request to clarify that $80,000 was the final four-day haul. The initiative was run through Pauls political arm, RANDPAC.

His Twitter spree built off of a Friday event in Iowa, where Paul slammed the Fed before a libertarian-leaning crowd, blaming the institution for rising income inequality and expressing support for ultimately dismantling it. The issue resonates with the liberty wing of the grass roots. But in seizing on a position so closely tied to the elder Paul, a controversial former congressman, the senator also highlights his ties to a corner of the base that makes establishment Republicans queasy.

Rand Paul has also pushed an Audit the Fed bill in Congress that has support from Republicans who dont fall toward the libertarian wing of the spectrum, including potential 2016 rivals Marco Rubio and Ted Cruz.

Fed officials have blasted Pauls push.

Who in their right mind would ask the Congress of the United States who cant cobble together a fiscal policy to assume control of monetary policy? Richard Fisher, president of the Federal Reserve Bank of Dallas, told The Hill last week.

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Paul makes 'audit the Fed' fundraising push

Ron Paul - "Imagina" (vdeo viral)
Ronald Ernest "Ron" Paul (Pittsburgh, 20 de agosto de 1935) es un mdico y poltico estadounidense, miembro del Partido Republicano, exrepresentante por el d...

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Ron Paul - "Imagina" (vdeo viral) - Video

WARNING BANNED RON PAUL Vs the NEW WORLD ORDER #39;08

By: Fakhul Islam

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WARNING BANNED RON PAUL Vs the NEW WORLD ORDER '08 - Video

AMES, IowaIn a tour this weekend across central Iowa, Sen. Rand Paul (R., Ky.) delivered a trio of wide-ranging speeches heavy on the themes of personal liberty, smaller government, tighter monetary policy and a less bellicose role on the world stage.

It was, in other words, a return to his libertarian roots.

Mr. Paul spoke to three receptive crowds in Des Moines, Marshalltown and Ames, delivering speeches heavy on the libertarian themes that helped propel his father, former Rep. Ron Paul, into the national spotlight during his two presidential runs.

Though Iowa is known more for the power of traditional conservative activists concerned about family values and social policy, Mr. Paul called for a more thoughtful American foreign policy, praised the Obama administration for efforts to reduce the penalties for nonviolent drug users and called formajor new changes to the Federal Reserves banking practices.

In his approach to the state, Mr. Paul is hoping to improve on his fathers two disappointing showings in the first-in-the-nation presidential contest. In 2008, the elder Mr. Paul finished fifth in the caucuses and failed to crack 10% of the vote. In 2012, he improved to third, drawing about 21% of the vote. Social conservative darlings Mike Huckabee and Rick Santorum, who campaigned on family values,won in 2008 and 2012, respectively.

Mr. Paul has long walked a tightrope between staying true to many of the libertarian principles and ideas that made his father a thorn in the side of the GOP establishment, while trying to grow that coalition to include young people, minorities and other voters typically not inclined to support Republican candidates.

Theres a great opportunity for us to reach out to new people who havent been interested in the Republican message if we are the party that believes in justice; we are the party that believes you are innocent until proven guilty, Mr. Paul told a group of college students at Iowa State, during a speech in which he criticized National Security Agency wiretapping and free-speech zones on college campuses, and hit a variety of other privacy themes.

This weekends trip was on Mr. Pauls terms. He was noticeably absent from the Iowa Freedom Summit last month where nearly two dozen other party leaders, including many potential presidential candidates, showed up to speak to conservative activists. Instead, he came to the state two weeks later, without having to jostle with any other GOP candidates for press coverage, stage time or voter attention.

The Kentucky Republican arrived in Iowa after a challenging week in Washington where he found himself on the defensive over his stance on the safety of vaccinations and whether such inoculations should be mandatory.Mr. Pauls view is that most childhood vaccines should be voluntary, a view that thrilled some libertarian conservatives.He used the trip to further fire up his fathers longtime supporters.

Hes more likely to describe himself as a constitutional conservative than a libertarian, but on Friday he tossed red meat to a constituency near and dear to his fathers heart: the voters who want to bring more transparency to the Federal Reserve. In remarks to an older crowd at a Des Moines winery, Mr. Paul raised concerns about the state of the U.S. currency and pinned the blame on the Fed.

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In Iowa, Rand Paul Returns to His Roots

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Ron Paul #39;s Texas Straight Talk 7/7/14: EVERYONE Should Be Exempt from Government Mandates!
As measles spreads across the states, CNN #39;s Suzanne Malveaux looks back at the 1991 measles outbreak in Philadelphia. Please LIKE / Comment / Subscribe to Th...

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Ron Paul's Texas Straight Talk 7/7/14: EVERYONE Should Be Exempt from Government Mandates! - Video