Category Archives: Ron Paul

Submitted by Ron Paul via The Free Foundation blog,

This week the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Feds creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would elicit some sort of public recognition of the Feds growth from a quasi-agent of the Treasury Department intended to provide an elastic currency, to a de facto independent institution that has taken complete control of the economy through its central monetary planning. But just like the Feds creation, its 100th anniversary may come and go with only a few passing mentions.

Like many other horrible and unconstitutional pieces of legislation, the bill which created the Fed, the Federal Reserve Act, was passed under great pressure on December 23, 1913, in the waning moments before Congress recessed for Christmas with many Members already absent from those final votes. This underhanded method of pressuring Congress with such a deadline to pass the Federal Reserve Act would provide a foreshadowing of the Feds insidious effects on the US economywith actions performed without transparency.

Ostensibly formed with the goal of preventing financial crises such as the Panic of 1907, the Fed has become increasingly powerful over the years. Rather than preventing financial crises, however, the Fed has constantly caused new ones. Barely a few years after its inception, the Feds inflationary monetary policy to help fund World War I led to the Depression of 1920. After the economy bounced back from that episode, a further injection of easy money and credit by the Fed led to the Roaring Twenties and to the Great Depression, the worst economic crisis in American history.

But even though the Fed continued to make the same mistakes over and over again, no one in Washington ever questioned the wisdom of having a central bank. Instead, after each episode the Fed was given more and more power over the economy. Even though the Fed had brought about the stagflation of the 1970s, Congress decided to formally task the Federal Reserve in 1978 with maintaining full employment and stable prices, combined with constantly adding horrendously harmful regulations. Talk about putting the inmates in charge of the asylum!

Now we are reaping the noxious effects of a century of loose monetary policy, as our economy remains mired in mediocrity and utterly dependent on a stream of easy money from the central bank. A century ago, politicians failed to understand that the financial panics of the 19th century were caused by collusion between government and the banking sector. The governments growing monopoly on money creation, high barriers to entry into banking to protect politically favored incumbents, and favored treatment for government debt combined to create a rickety, panic-prone banking system. Had legislators known then what we know now, we could hope that they never would have established the Federal Reserve System.

Today, however, we do know better. We know that the Federal Reserve continues to strengthen the collusion between banks and politicians. We know that the Feds inflationary monetary policy continues to reap profits for Wall Street while impoverishing Main Street. And we know that the current monetary regime is teetering on a precipice. One hundred years is long enough. End the Fed.

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Ron Paul Blasts "After 100 Years Of Failure, It's Time To End The Fed"

Washington West Michigan U.S. Rep. Justin Amash is getting a financial assist from his mentor, former U.S. Rep. Ron Paul, to battle a Republican primary challenger.

Paul, the former presidential candidate who ignited a libertarian movement within the GOP, sent out a fundraising email to supporters titled: Justin Amash is in trouble!

Paul urged his nationwide list of donors to join a fundraising surge known as a money bomb because Amash is at risk from a primary challenge by Brian Ellis, owner of an investment advisory firm and former East Grand Rapids school board member.

The Big Government GOP establishment is running a well-financed primary opponent against Justin, Paul said in an email Monday sent through the Liberty PAC, a fundraising committee supporting Paul. ... Justin needs your help right away.

Pauls call to action seems to be paying off. Amashs campaign raised more than $97,000 as of 6 p.m. Tuesday with the 48-hour effort ending at midnight. By comparison, Amash took three months to raise more than $200,000 in his last fundraising report.

Were thrilled with the amount of support and words of encouragement, said Amash campaign spokesman Will Adams. Initially, the money bomb was to last 24 hours, but an email from Amash Monday night asking for support prompted a wave of visitors that caused a website server to go down and the effort was extended, Adams said.

Amash, a second-term Republican from Cascade Township, has been a longtime supporter of Paul and campaigned for him in Michigan during his 2012 presidential run. When Paul retired from the House, many supporters looked to Amash to carry the torch for the liberty movement in the lower chamber.

Amash has developed a reputation much like Paul for bucking the establishment. He has routinely voted no on some key GOP leadership priorities most recently against the bipartisan Paul Ryan-Patty Murray budget deal for not cutting enough spending. He nearly won a House floor battle this summer to curb the National Security Agencys phone surveillance programs.

But his unconventional ways have irked some in his West Michigan district and within the Republican Party. Primary challenger Ellis argues Amash has turned his back on conservative principles and his district.

He is in trouble, said Ellis, 53, of Grand Rapids Township. And he is going to need a lot of money to defend his horrendous votes in Congress in a short time in office. He didnt support the Keystone Pipeline. He didnt support small business tax cuts, and he didnt even vote to reaffirm ... in God we trust as our national motto. So yeah, he needs help.

Read more here:
Ron Paul: Rep. 'Amash is in trouble,' urges donations

Published: Thursday, 19 Dec 2013 | 1:28 PM ET

Ron Paul: Economy still has structural problems

Former Rep. Ron Paul, R-Texas, discusses the taper's influence on inflation and the Fed's next move.

Former GOP presidential candidate Ron Paul told CNBC on Thursday that investors should not be fooled by the Federal Reserve's "little" taper, as it is still manipulating the price of money and interest rates.

The Fed said Wednesday that the economy was strong enough for the central bank to begin scaling back its bond-buying program, but Paul called the taper too little, too late.

"There are still structural problems in the economy, and it's all related to monetary policy, and of course regulations and spending by our Congress," he said on "Squawk on the Street."

(Read more: Cashin: Bernanke made everybody right)

"They say they're going to taper, which means they have to buy less. But then the Fed says, 'Well, we're going to guarantee that interest rates won't rise.' "But how do you keep interest rates from rising? You have to buy stuff," he said. "In some ways it's a little bit schizophrenic.

"This whole policy of pretending that they're having major changes, and not buying quite so many bonds, and buying short term bills instead[that] could change in a minute," Paul added.

This is not a good time to invest in the stock market, he said.

Continued here:
Ron Paul says Fed created 'distortions'

The presidential campaign of U.S. Representative Ron Paul began officially in 2011 when Paul announced his candidacy for the 2012 Republican Party nomination for the U.S. Presidency. Although frequently mentioned by political observers as a possible candidate, Paul stopped short of a full-fledged candidacy before May 2011. Prior to that, he had only indicated that he was considering running for the presidency.

On April 14, 2011, Paul announced the formation of a "testing-the-waters" account, and had stated that he would decide whether he would enter the race by at least early May. Paul announced the formation of an exploratory committee on April 26, 2011, in Des Moines, Iowa. He declared his candidacy for President of the United States on May 13, 2011 in Exeter, New Hampshire.[4]

On July 12, 2011, Paul announced that he would not seek another term as the Representative of Texas's 14th District to focus on his presidential campaign.[5] By April 2012, the campaign had raised more than $38 million.[6][7][8][9][10]

On May 14, 2012, Paul announced that he would end active campaigning for the remaining primary states and instead focus on delegate selection conventions at the state level.[11] On July 14, 2012, Paul failed to win a plurality of delegates at the final convention in the state of Nebraska, which ended his ability to ensure a speaking spot at the Republican National Convention.[12] At the 2012 Republican National Convention, Paul's campaign won 190 delegates.[13]

Heavily speculated as a possible Republican candidate in the 2012 presidential election, Paul appeared in the 2010 Conservative Political Action Conference (CPAC) straw poll. Paul won the poll, defeating Mitt Romney, who had won it the previous three years.[14] Paul also won the 2011 CPAC straw poll with 30 percent of the vote. Following that, he also won the paid, online Arizona Tea Party Patriots straw poll on February 28, 2011 with 49% of the vote.[15]

In February 2011, Paul asked supporters to donate to his Liberty Political Action Committee to fund trips to Iowa and elsewhere to explore a possible 2012 presidential candidacy. On February 21, a Presidents' Day money bomb raised around $400,000 in 24 hours. Liberty PAC raised more than $700,000 during its February relaunch.[16][17] By the end of March, Liberty PAC had raised more than $1 million.[6]

On April 14, 2011, it was announced that Paul had formed a "testing-the-waters" organization, similar to Newt Gingrich's efforts in exploring his potential candidacy. Paul's spokesman, Jesse Benton was quoted as saying, "He remains undecided on what his plans will be, but as a final decision draws closer, his team has put the pieces in place for him to flip a switch and hit the ground running if he decides to run for president."[18] Paul announced the formation of an exploratory committee in Des Moines, Iowa on April 26 in preparation for a potential bid for the Republican presidential nomination.[19][20]

On May 5, Paul participated in a debate in Greenville, South Carolina among only five candidates.[21] A moneybomb was scheduled for the same day, which raised over $1 million for Paul's campaign.[22]

On May 13, 2011, in Exeter, New Hampshire, Paul announced his decision to seek the Republican nomination in the 2012 election. The announcement was broadcast live nationally on ABC's Good Morning America.[4]

On May 14, 2012, Paul made a statement on the campaign's website that he would no longer be actively campaigning in remaining state primaries, but would instead continue his presidential bid by seeking to collect delegates at caucuses and state conventions for the Republican National Convention in August 2012.[23]

Excerpt from:
Ron Paul presidential campaign, 2012 - Wikipedia, the free ...

Ever since he can remember, Ron Paul has been thinking of food, quality ingredients, and creating things from scratch.

He fondly recalls his mothers cooking as a child in Tucson, Ariz., and his family's travels in Europe and Mexico.

One of his favorite memories was at age 10, eating a meal prepared by a Mexican chef in New Mexico. "It was an amalgam of tastes that were both Mexican and French what is called fusion cooking now but this was in the 1960s," Paul says. "Having been in Europe, I just sensed this was the best of both worlds."

His mother and father belonged to a gourmet cooking club and divided the menus of the month between their friends for shared meals.

When he was a teen, Paul and his brothers one older and one younger prepared a gourmet meal for their parents anniversary.

We made bread and pasta from scratch, Paul says. We paired it with wines and gave our wine list to Dad to buy.

His brothers followed their mother's footsteps and went into law. Paul, who moved to Portland in 1974, became a self-taught chef.

He opened a restaurant and catering business, Ron Paul Charcuterie, which had three locations in Portland from 1983 to 1998.

In 1990, he was contacted through his post as executive chef of Rex Hill Wines to be the first Oregon chef invited to cook at James Beard's home. His task: prepare a five-course dinner for 85 people with as many Oregon ingredients as he could bring to New York.

Paul and his sous-chef brought gravlax they cured, black-market Columbia River sturgeon caviar, and a New York steak roast filled with an eye of wild mushrooms.

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Market founder raised as foodie

GRAND RAPIDS, MI In a message to supporters Monday, libertarian firebrand and former U.S. Rep. Ron Paul reportedly said U.S. Rep. Justin Amash faces a serious threat toward a reelection bid.

Paul, a three time presidential candidate, sent an email to Liberty PAC supporters Monday and petitioned them to donate to Amash in his first fundraising campaign of the 2014 election season, according to the Sunshine State News.

The online-only publication appears libertarian-leaning with "an editorial board that believes free-market, less-government solutions."

Paul reportedly told supporters "Amash ... is in trouble" while "the big-government GOP establishment is running a well-financed primary opponent against Justin."

A Facebook posting purportedly details the rest of the message.

Amash, R-Cascade Township, and his campaign staff launched the online "money bomb" campaign called The Establishment Strikes Back: Join the Rebel Alliance! Monday and landed more than $88,000 after the first day, according to its website.

The online fundraiser was slated to end by midnight Monday with a goal of $100,000 but was extended to early Wednesday morning with the goal still in sight.

Grand Rapids businessman Brian Ellis thus far has emerged as a serious contender to Amash, garnering the praise of several West Michigan businesspeople in a recent campaign letter and engaging in an impromptu back-and-forth with the congressman on the radio.

This isn't the first time Paul has gotten behind Amash. The congressman raised more than $39,000 in September 2012 with the lure of having dinner with the two.

Related: Justin Amash raises $39,000 with lottery lure of dinner with Ron Paul

Read more:
Report: Ron Paul vouches for Justin Amash in campaign fundraising effort

Ron Paul ~ Obamacare: We Should Have The Right To Opt Out
Please rate and subscribe!!! Ron Paul #39;Constitutionally Correct #39; 2012. Twitter: https://twitter.com/ronpaulcc2012 Facebook: https://www.facebook.com/pages/Ro...

By: RonPaulCC2012

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Ron Paul ~ Obamacare: We Should Have The Right To Opt Out - Video

Ron Paul #39;s Pod Cast Nation #37 ~ Iraq Intervention
Please rate and subscribe!!! Please support: Ron Paul #39;s Podcast Nation http://podcastone.com/program?action=viewProgram programID=401 Ron Paul #39;Constitutiona...

By: RonPaulCC2012

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Ron Paul's Pod Cast Nation #37 ~ Iraq Intervention - Video

Ron Paul: Christie Will #39;Go the Way of McCain and Romney #39;
Just one day after Chris Christie #39;s successful reelection bid, Ron Paul already foresees doom for the New Jersey governor #39;s 2016 aspirations. The former Texa...

By: Eduardo89rp

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Ron Paul: Christie Will 'Go the Way of McCain and Romney' - Video

Ron Paul Adds to Rand #39;s Horrible Week
Is Libertarian hero Ron Paul going back to his old newsletter days in his calls for nullification and revolution? Also, poor poor Rand... This clip from the ...

By: Sam Seder

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Ron Paul Adds to Rand's Horrible Week - Video