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Category Archives: Ron Paul
Ron Paul: GOP Being Disingenuous in Shutdown Fight – Video
Posted: September 20, 2013 at 3:40 pm
Ron Paul: GOP Being Disingenuous in Shutdown Fight
Former Presidential Candidate and former Texas Congressman Ron Paul joins the News Hub to discuss the upcoming fights over spending that could force a govern...
By: WSJDigitalNetwork
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Ron Paul on U.S. Fed QE: Prepare for the Destruction of the Dollar
Posted: at 3:40 pm
Todays AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce. Yesterdays AM fix was USD 1,363.50, EUR 1,005.90 and GBP 848.16 er ounce
Gold fell $1.10 or 0.08% yesterday, closing at $1,365.20/oz. Silver dropped $0.08 or 0.35%, closing at $23.01. At 3:41 EDT, Platinum fell $3.70 or 0.3% to $1,458.80/oz, while palladium rose $13.85 or 1.9% to $730.59/oz
Gold edged off since its rally after the U.S. Federal Reserve decided to maintain its current stimulus program. The yellow metal added nearly 3% for the week and is on track for its biggest gain in five weeks. Gold bullion rallied 4.1% on September 18th after the Fed cited it needed to see more examples of economic recovery before it reduces the $85 billion-a-month of bond buying.
Bernanke clearly stressed that the quantitative easing program was "not on a preset course". The "no tapering" was a surprise to the market as bullion fell almost 20% this year in anticipation of a wind down in bond buying, but it has now gained from technical buying and short covering since the news.
Gold In U.S. Dollars, 5 Days - (Bloomberg)
Dr. Ron Paul, a former republican member of U.S. Congress from Texas discussed the Fed decision on Fox Business News segment, After the Bell.
David Asman: What do you think about the Feds decision to continue money printing?
Dr Paul: I think its a very bad sign I think it means the Fed is really worried.
David Asman: Worried about what?
Dr Paul: About the economy. They are always bragging that things are really well, employment is up.
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Ron Paul on U.S. Fed QE: Prepare for the Destruction of the Dollar
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Ron Paul: Fed move won't help 99%
Posted: at 3:40 pm
Former Rep. Ron Paul said Thursday that the Federal Reserves decision not to cut back on its economic stimulus is an admission that the economy is in bad shape.
He said the fact that the stock market shot up on the news is an example of how the markets are addicted to spending and shows a disconnect from what those struggling economically are experiencing.
[Chairman Ben Bernanke]s literally saying were in bad shape, and yet the markets didnt interpret it that way, because the markets are reflecting just that easy money going into stocks, Paul said on MSNBCs Morning Joe. It doesnt help those 99 percent, or at least the large middle class and the poor, wont help them one bit. I think it was a very, very bad, you know, announcement yesterday that the economy is a lot worse off.
(PHOTOS: Ron Pauls career)
Asked if the economy would be worse if the Fed didnt continue its stimulus, Paul said the Feds policies of printing money have made the situation as bad as it can get.
It cant get worse. To continue to destroy our currency is always bad. Always bad. It always destroys the middle class and the wealthy get wealthier, Paul said.
(WATCH: Ron Paul: Fed move won't help 99%)
Though the former Texas congressman admits going cold turkey off the Fed would be tough for America, its necessary.
There is no easy theres no political answer. Its addiction. The people are addicted to spending. The politicians are addicted. The markets are addicted. And theres no chance that theyre going to wean us off. And this is what Bernanke was saying yesterday, Paul said.
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Ron Paul Backs Home Schooling on MSNBC: We Don’t Teach Kids ‘Great Presidents’ Were ‘Warmongers’
Posted: at 3:40 pm
On Thursday, former Rep. Ron Paul (R-TX) joined the panel on MSNBCs Morning Joe to explain some of the proposals in his new book dealing with the reform of the education system. Paul advocated for a great expansion in home schooling and battled some of the panel guests about the curriculum he would prefer to see taught.
I want people to home school their children, Paul said. Not everybody. This is designed to pick out the leaders that want to and maybe 20 percent might be interested in doing this.
Paul said that the future leaders of America who emerged from home schooling would have a better understanding of sound monetary policy and be more skeptical of interventionism abroad.
Today, we have been conditioned in all our schools that its good have a very robust foreign policy, to be involved in all these countries, Paul said. Weve been taught the Federal Reserve is sacred, except for the last five years, people are questioning the Federal Reserve. Weve been taught deficits are good spend is good, but we have to reverse that.
RELATED: Ron Paul Responds to Heated Interview with MSNBCs Alex Wagner: I Didnt Like What Happened
He added that home schooled children would have a different perspective on history. He said that one of the great misconceptions of American history was that Woodrow Wilson is presented as a noble figure.
I would like to show that some of our presidents the only great president have between warmongers and people who argued for negotiations might be a better president, Paul said.
Katty Kay told Paul that she thought his proposed expansion of homeschooling would negatively impact women the most and could end up encouraging women not to take part in the workforce.
Paul said that one of the problems of the current economy is the fact that women are forced to take part in the workforce and it is no longer a voluntary decision. It is not going to be easy, Paul agreed.
Watch the clip below via MSNBC:
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Ron Paul Backs Home Schooling on MSNBC: We Don’t Teach Kids ‘Great Presidents’ Were ‘Warmongers’
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Ron Paul Encourages Families to Homeschool Children, Teach Libertarian Values
Posted: at 3:40 pm
September 19, 2013|4:29 pm
(Photo: Screenshot MSNBC)
Ron Paul appeared on MSNBC's Morning Joe to promote his new book "New School Manifesto: A Libertarian Look at American Education."
Former presidential candidate and devout libertarian Ron Paul has encouraged American families to homeschool their children today on MSNBC's Morning Joe.
"I want people to homeschool their children. Not everybody. This is designed to pick out the leaders that want to and maybe 20 percent might be interested in doing this," said Paul, who appeared on the show to promote his new book, New School Manifesto: A Libertarian Look at American Education.
Paul explained that homeschooling a new generation of leaders and students "would be taught different economics; they would have a different perspective on history."
"I would like to show that some of our presidents the only great president have between warmongers and people who argued for negotiations might be a better president," said Paul.
Paul went on to suggest that while most American students had been taught that Woodrow Wilson was one of the greatest presidents, in reality "he violently abused our civil liberties, he was the one that told us we had to march around the world and he was the one that changed our foreign policy."
When one of the panelists asked if it was in the best interest of women to stay home to teach their kids and if most families' economic situation even allowed for that, Paul acknowledged that implementation was one of his proposal's harder sales.
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Ron Paul and Pat Robertson Attack Public Education (Video)
Posted: at 3:40 pm
Former U.S. Congressman Ron Paul (R-Texas) joined 700 Club host Pat Robertson today to blame public schools for society's ills, from "indoctrination" to "NSA spying."
Paul was on the program to plug his new "school" curriculum for homeschoolers, which Robertson praised for its "Biblical principles of self-government, noted RightWingWatch.org (video below).
Robertson, who recently replaced the president at his Regent University who suddenly resigned for reasons unknown, attacked progressives for supposedly advancing "indoctrination in public schools.
Dont the so-called progressives and whatever, dont they really want education to indoctrinate children. Its not just a question of educating they want to indoctrinate them in their philosophy, dont they? asked Robertson.
I think thats the whole purpose, its indoctrination. Its compulsory. Its conformity. Destroy creativity. destroy individuality. They dont want kids to be curious, they have to conform and mold it and then they are obedient to the state," claimed Paul.
Ironically, its progressives that are usually protesting "the state" and corporations, as with the nationwide "Occupy America" movement and numerous protests against U.S. wars.
Paul added: "Then we allow our governments to grow and all of a sudden we have NSA, invasion of our privacy. We have runaway militarism around the world. We have runaway spending and runaway printing of money and they can condition the people to say, 'Oh, the government knows best theyll take care of it.'"
Paul failed to mention that Robertson was a huge supporter of the U.S. invading Iraq and Afghanistan.
Source: RightWingWatch.org
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Ron Paul and Pat Robertson Attack Public Education (Video)
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Ron Paul Smokes Bernanke – Video
Posted: September 19, 2013 at 7:40 am
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Ron Paul: Gov't is addicted to spending
Posted: September 18, 2013 at 2:40 pm
Americans can't expect the government to police the world and provide an "endless welfare state," Paul said. Unless some major change happens, he added, the government will remain in a stalemate.
(Related: Obama to CEOs: Washington 'locked up' in a stalemate)
When asked whether he would have supported Sen. Ted Cruz (R-TX) in an effort to defund Affordable Care Act, often referred to as Obamacare, Paul said, "Yes, I would think that you would have to what is necessary. If you continue the process, it just makes things worse. It delays the inevitable. if we don't do it, the consequences will be so much greater."
(Read more: House Republicans plan to defund Obamacare)
However, he said, Congress is unlikely to follow through and will use "scare tactics" to make the public to believe this level of spending is necessary.
Paul has also been a vocal critic of the Federal Reserve, which he believes should be abolished. Regarding the potential group of nominees for Fed chairman, Paul said "I'd pick none of the above, because I don't think it makes any difference. The all endorse the principle of manipulating interest rates and believing that they can decide how much money supply there should be."
(Read more: End the Fed, save the Dollar: Ron Paul)
"One individual might manage things slightly differently, but overall it would be the same thing. It's still the monetary system that we have to deal with, not the particular manager," he said. "A few individuals and one in particular behind the scenes in secret pretending they know what interest rates should be it's positively amazing that the economy tolerates it."
Paul said gold, which he acknowledged is a part of his personal portfolio, should be a long-term investment and an insurance policy against government actions. "We do know that governments will continue to spend, the deficit problem hasn't been solved. The employment statistics are not quite as rosy as some people believe," he added.
"We're in big trouble. ... There is a lot of inflation, a lot of unemployment. To say that gold went down in the last year, that doesn't tell you a whole lot. You've got to look more long term and you have to look at the basics," he said. "I think most people who study free market economics know that this is very, very fragile. The dollar is fragile. I think people should be more cautious than overly confident."
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Gov't can't control spending addiction: Ron Paul
Posted: at 2:40 pm
Americans can't expect the government to police the world and provide an "endless welfare state," Paul said. Unless some major change happens, he added, the government will remain in a stalemate.
(Related: Obama to CEOs: Washington 'locked up' in a stalemate)
When asked whether he would have supported Sen. Ted Cruz (R-TX) in an effort to defund Affordable Care Act, often referred to as Obamacare, Paul said, "Yes, I would think that you would have to what is necessary. If you continue the process, it just makes things worse. It delays the inevitable. if we don't do it, the consequences will be so much greater."
(Read more: House Republicans plan to defund Obamacare)
However, he said, Congress is unlikely to follow through and will use "scare tactics" to make the public to believe this level of spending is necessary.
Paul has also been a vocal critic of the Federal Reserve, which he believes should be abolished. Regarding the potential group of nominees for Fed chairman, Paul said "I'd pick none of the above, because I don't think it makes any difference. The all endorse the principle of manipulating interest rates and believing that they can decide how much money supply there should be."
(Read more: End the Fed, save the Dollar: Ron Paul)
"One individual might manage things slightly differently, but overall it would be the same thing. It's still the monetary system that we have to deal with, not the particular manager," he said. "A few individuals and one in particular behind the scenes in secret pretending they know what interest rates should be it's positively amazing that the economy tolerates it."
Paul said gold, which he acknowledged is a part of his personal portfolio, should be a long-term investment and an insurance policy against government actions. "We do know that governments will continue to spend, the deficit problem hasn't been solved. The employment statistics are not quite as rosy as some people believe," he added.
"We're in big trouble. ... There is a lot of inflation, a lot of unemployment. To say that gold went down in the last year, that doesn't tell you a whole lot. You've got to look more long term and you have to look at the basics," he said. "I think most people who study free market economics know that this is very, very fragile. The dollar is fragile. I think people should be more cautious than overly confident."
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Gov't can't control spending addiction: Ron Paul
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Ron Paul’s policy ideas a step in the right direction
Posted: September 17, 2013 at 5:40 am
Published:Tuesday, September 17, 2013
Updated:Tuesday, September 17, 2013 02:09
CLARISSA ZINGRAFF / THE DEPAUW
Sarah Wilson
Never in my life have I left a room feeling so inspired.
Dr. Ron Paul is truly one of Americas most inspirational people, especially to young students like us here at DePauw. I truly believe that this country is realizing that the way to true freedom is not through government protection, but through individual decisions. I am a strong believer that Pauls noninterventionist policy is the best way to make this country more economically prosperous, globally stable, and socially free.
One of my favorite parts of Pauls speech was his response to the liberals argument for the redistribution of wealth. It is not acceptable to go steal one of your neighbors cars because they have three and you have none, but it seems to be okay when the government does it.
To quote Paul, the government can not do anything that we can not do.
We cannot steal from our neighbors, so we should expect the government to do the same. Governments only role in our financial situations and the economy should be to protect our property, not to take it away.
Government intervention does not increase the number in our middle class, but shrinks it. As Paul said, I believe the only way to strengthen our economy is to remove government intervention and remove the ridiculous amount of entitlement and welfare spending.
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