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Category Archives: Ron Paul
What Happened To Ron Paul Supporters In The Age Of Trump – The Liberty Conservative
Posted: July 8, 2017 at 3:43 am
The Liberty Conservative | What Happened To Ron Paul Supporters In The Age Of Trump The Liberty Conservative To understand what is currently going on in the minds of Ron Paul enthusiasts in the age of President Donald Trump, we must first understand what Paul represented as both a congressman and a presidential candidate. We must also understand that, at the ... |
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Ron Paul Says it Wouldn’t be a Total Shock for Gold to Spike 50 Percent by October – Investing News Network (press release) (registration) (blog)
Posted: July 5, 2017 at 8:43 am
Paul said in a weekend interview that he wouldn't be surprised to see US markets fall 25 percent and gold rise 50 percent in the next several months.
The gold priceclosed Monday (July 3) at $1,219.70 per ounce, but according tolibertarian pundit Ron Paul it could be significantly higherbefore the end of the year.
If [US]markets are down 25 percent [by October] and gold is up 50 percent it wouldnt be a total shock to me, he told CNBC during an interview this past weekend. That would place the S&P 500 (INDEXSP:.INX) at 1,819 points and gold at $1,867.
Paul, whos also a former Republican congressman and presidential candidate, said that the US economy is not as strong as many people think it is, and emphasized that uncertainty is a major issue. In particular, he mentioned that the NASDAQ Composite (INDEXNASDAQ:.IXIC), the US dollar and bonds look a little shaky, and questioned whether Trump will be able to pass reform measures.
Theres a lot of subjectivity in the markets, reassurances, Paul also noted. People have been convinced that everything is wonderful right now and that stocks are going to go up forever, its a new era. I dont happen to buy this. I think the old rules always exist, and theres too much debt and too much mal-investment the adjustment will have to come.
While US Federal Reserve Chair Janet Yellen recently expressed confidence in the US economy, saying another financial crisis will likely not happen soon, other market watchers have views that that are more in line with Pauls.
For example,Marc Faber,a notedThailand-based Swiss investor known as Dr. Doom, is calling for a drop in the US stock market. In conversation with CNBC he said, we have a bubble in everything. Peter Schiff of Euro Pacific Capital also recently describedthe US economy as a bubble.
Do you think the US economy is headed for a crash? Let us know in the comments below. You can also watch CNBCs interview with Paul below:
Dont forget to follow us @INN_Resource for real-time news updates.
Photo by GageSkidmore via Wikimedia Commons.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Ron Paul: We Must Declare Independence | FITSNews – FITSNews
Posted: July 4, 2017 at 7:46 am
CHOOSE FREE MARKETS
As Independence Day comes around again we should spend a few moments between barbecue and fireworks to think about the meaning of independence. The colonists who rebelled against the British Crown were, among other things, unhappy about taxation. Yet, as economist Gary North points out, the total burden of British imperial taxation was about one-to-two percent of national income.
Some 241 years later, Washington claims more of our money as its own than King George could have ever imagined. What do we get in this bargain? We get a federal government larger and more oppressive than before 1776, a government that increasingly views us as the enemy.
Think about NSA surveillance. As we have learned from brave whistleblowers like William Binney and Edward Snowden, the US intelligence community is not protecting us from foreigners who seek to destroy our way of life. The US intelligence community is itself destroying our way of life. Literally every one of our electronic communications is captured and stored in vast computer networks. Perhaps they will be used against dissidents in the future who question government tyranny.
We have no privacy in our computers or our phones. If the government wants to see what we are doing at any time, it simply switches on our phone camera or computer camera or our smart television. Yet today we continue to hear, Ive got nothing to hide.
In a recent interview on our Liberty Report, Edward Snowden made the excellent point that, saying that you dont care about privacy because you have nothing to hide is no different than saying you dont care about freedom of speech because you have nothing to say.
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Think about the TSA. The freedom to travel is fundamental, and our Fourth Amendment protection against unreasonable searches and seizures is the law of the land. But if you dare to exercise that right by purchasing an air ticket, you are treated like a Guantanamo Bay detainee. Dont dare question as the TSA agents commit acts that would be crimes were they done by anyone else. Yet so many Americans still believe this is what it takes to be safe.
Think about the military industrial complex. The US government spends more on its military empire than much of the rest of the world combined. Our so-called mortal enemy Russia spends ten cents to every dollar we spend on weapons of war. Yet we are told we must spend more! Imagine the amazing peaceful scientific discoveries that might be made were so many researchers and scientists not on the government payroll designing new ways to end life on earth.
Think about the Fed. Since the creation of the Federal Reserve in 1913 the US dollar has lost some 98 percent of its value. Is the destruction of our currency not a cruel form of tyranny, hitting hardest those who can least afford it?
I think its time for us to declare our independence from an oppressive government that seeks to control our money and our lives in ways unimaginable to those who rebelled against the British Crown in 1776. Our revolution is peaceful, and it concentrates on winning hearts and minds one at a time. But it marches on. We must reclaim the spirit of independence every day and every night and intensify the struggle against those who seek to impose tyranny upon us.
Ron Paulis a former U.S. Congressman from Texas and the leader of the pro-liberty, pro-free market movement in the United States. His weekly column reprinted with permission can be foundhere.
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Not a ‘total shock’ if stocks plummet 25% and gold soars 50% by October, says Ron Paul – MarketWatch
Posted: at 7:46 am
The U.S. economy is nowhere near as strong as the prevailing view on Wall Street leads investors to believe. That means a painful stock-market correction could hit as soon as October, according to libertarian firebrand Ron Paul, the medical doctor, former Republican congressman and repeat presidential candidate.
That scenario would land the S&P 500 SPX, +0.23% flirting with 1,800 and gold GCQ7, +0.48% above $1,860 an ounce.
Need to Know: Why investors should brace for a devastating oil shock ahead
Paul is an unabashed bear who has been critical of the Trump administration and more so, the Federal Reserve, who he says has pinned interest rates at historic lows for too long.
Read: Ed Snowden talks with Ron Paul about the deep state and whos really in control
I think its a very precarious market, and the Fed better be very careful. Since they are incapable of knowing what to do, I dont expect much good to come out of anything they do, Paul said in a CNBC Futures Now interview. There are so many mistakes made out there that the correction is almost unlimited.
Mark Hulbert: Heres how hard it is to get out of stocks before a bear market starts
Notably, Paul offered a similar prediction on the business network about a year ago. Since then, the S&P 500 is up more than 20%, while the Dow industrials DJIA, +0.61% is up some 24% and the Nasdaq Composite COMP, -0.49% has surged more than 30%, each having knocked out record highs over that stretch.
Safe-haven gold, for its part, has logged a nearly 8% gain so far this year, according to FactSet data tracking futures markets.
Its just such a run that leaves Paul nervous, he countered.
People have been convinced that everything is wonderful right now and that stocks are going to go up forever, Paul said. I dont happen to buy this. The old rules always exist, and theres too much debt and too much mal-investment. The adjustment will have to come.
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Ron Paul says it won’t be a ‘total shock’ if stocks plummet 25% and … – Yahoo Finance
Posted: at 7:46 am
A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul.
Speaking to CNBC last week, the former GOP presidential contender argued the economy is not as strong as Wall Street consensus believes, and the situation could turn ugly as soon as October.
"If our markets are down 25 percent and gold is up 50 percent it wouldn't be a total shock to me," said Paul recently on " Futures Now ."
That scenario would drag the S&P 500 (INDEX: .SPX) Index as low as 1,819, and gold (CEC:Commodities Exchange Centre: @GC.1) as high as $1,867 an ounce from current levels.
Paul, who's also a medical doctor and former U.S. Representative from Texas, is a well-known bear who has been sharply critical of Trump administration. He has also been putting a lot of blame on the Federal Reserve for keeping interest rates historically low for so long.
Although the Fed is undertaking a rate hike campaign after nearly a decade of ultra-accomodative monetary policy, some believe asset pricesand the economycould still react badly.
"I think it's a very precarious market, and the Fed better be very careful. Since they are incapable of knowing what to do, I don't expect much good to come out of anything they do," said Paul. "There are so many mistakes made out there that the correction is almost unlimited."
This is not the first time Paul has called for a pullback on "Futures Now."
He made a similar prediction almost exactly a year ago on June 28, 2016, almost exactly a year ago. Since then, the S&P 500 has ripped by 21 percent and the Dow (Dow Jones Global Indexes: .DJI) is up 24 percent, breaking several records along the way. The tech heavy Nasdaq (NASDAQ: .IXIC) bounced into record territory over that time period, and soared 34 percent.
However, Paul still makes the case that the rally is on borrowed time.
"People have been convinced that everything is wonderful right now and that stocks are going to go up forever," Paul said.
"I don't happen to buy this. The old rules always exist, and there's too much debt and too much mal-investment. The adjustment will have to come," he added.
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Ron Paul: Not a ‘shock’ if stocks fall 25% and gold soars 50% by Oct. – CNBC
Posted: July 3, 2017 at 7:44 am
A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul.
Speaking to CNBC last week, the former GOP presidential contender argued the economy is not as strong as Wall Street consensus believes, and the situation could turn ugly as soon as October.
"If our markets are down 25 percent and gold is up 50 percent it wouldn't be a total shock to me," said Paul recently on "Futures Now."
That scenario would drag the S&P 500 Index as low as 1,819, and gold as high as $1,867 an ounce from current levels.
Paul, who's also a medical doctor and former U.S. Representative from Texas, is a well-known bear who has been sharply critical of Trump administration. He has also been putting a lot of blame on the Federal Reserve for keeping interest rates historically low for so long.
Although the Fed is undertaking a rate hike campaign after nearly a decade of ultra-accomodative monetary policy, some believe asset pricesand the economycould still react badly.
"I think it's a very precarious market, and the Fed better be very careful. Since they are incapable of knowing what to do, I don't expect much good to come out of anything they do," said Paul. "There are so many mistakes made out there that the correction is almost unlimited."
This is not the first time Paul has called for a pullback on "Futures Now."
He made a similar prediction almost exactly a year ago on June 28, 2016, almost exactly a year ago. Since then, the S&P 500 has ripped by 21 percent and the Dow is up 24 percent, breaking several records along the way. The tech heavy Nasdaq bounced into record territory over that time period, and soared 34 percent.
However, Paul still makes the case that the rally is on borrowed time.
"People have been convinced that everything is wonderful right now and that stocks are going to go up forever," Paul said.
"I don't happen to buy this. The old rules always exist, and there's too much debt and too much mal-investment. The adjustment will have to come," he added.
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Ron Paul: Not a 'shock' if stocks fall 25% and gold soars 50% by Oct. - CNBC
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US finances wars through inflation: Ron Paul – Press TV
Posted: July 2, 2017 at 8:42 am
The United States finances wars through inflation and that most wars are fought on inflated money, according to former US Congressman and political analyst Ron Paul.
Dr. Paul, a three-time American presidential candidate and the founder of the Ron Paul Institute for Peace and Prosperity,made the remarks in an interview on Friday while discussing US monetary policy and the need for a better system centered on sound money.
The senior American statesman said that from diluting gold in coins and clipping coins in the old days to using a computer to create new US dollars today, financing war through inflation is traditional.
If the people had to pay for the war as we went along, it wouldnt happen. You dont get enough taxes, you dont get enough borrowing to fight these wars, he stated.
And we have the license to steal because we issue the reserve currency of the world. And most of the countries still accept our dollar, even though were currently witnessing, in the last few days, a pretty steady attack on the dollar which I think is going to continue, and of course might get much worse, Dr. Paul said.
The money issue is a freedom issue, because if you dont like the welfare state you have to understand about money, if you dont like the warfare state, you have to understand that about money, he added.
If you care about individual, personal liberty you would have to be a supporter of a commodity...currency, of course, the history shows has always been gold along with silver -- the most preferable type of money, he observed.
The Fed, the source of trouble
Dr. Paulhas maintained strong positions against the military-industrial complex and the Federal Reserve, each of which he considers responsible for many of the ills afflicting the United States.
The basic source of the economic trouble is Americas central banking system, known as the Federal Reserve or the Fed, which cannot function in a real market economy, he once said.
In a true free market economy you have to have people work, use what they need to live on and then save money, and that dictates interest rates and tells businessmen what they should do. Well, that isnt the way it works anymore, the veteran former politician said in an interview in 2015, and warned that the biggest economic crash ever would hit the American economy.
The so-called capital comes from the Fed and they create it out of thin air. So everything is a mistake and everything is going to be volatile, he observed.
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Democratic Party Fraud – The American Conservative
Posted: June 29, 2017 at 10:43 am
The mainstream mediaperhaps not surprisinglyis virtually ignoring three pending lawsuits against the Democratic National Committee (DNC) and the Commission on Presidential Debates, all of which cast a glaring light on the bald corruption eating away at the current political process. But they should not be ignored. More than just footnotes to the tumultuous 2016 election, these are legal battles that could have broader implications on third-party and independent political movements in U.S. elections going forward.
Thanks to disclosures from WikiLeaks, it became obvious late last year that the Democratic National Committee privately colluded to block Bernie Sanders from winning the presidential nomination. These were damningexposures that eventually cost then-DNC chairwoman Debbie Wasserman Schultz her job. The worst of course, was the revelation thatformer DNC chair, Donna Brazile, secretlyprovidedHillary Clinton with the topicsahead of CNNs televised debates.
A group of Bernie Sanders supporters who made contributions to the DNC responded in kind. They filed a class-action lawsuit last year in the U.S. District Court for the Southern District of Florida. Represented by a Miami-based firm, Beck & Lee Trial Lawyers, the plaintiffs allegations in this case, Carol Wilding et al. v. DNC Services Corp. include fraud, impartiality, and collusion.
The DNC hasnt denied most of the allegations. The current DNC chair, Tom Perez, even admitted in February that the primaries were rigged against Bernie Sanders. He said, We heard loudly and clearly yesterday from Bernie supporters that the process was rigged, and it was. And youve got to be honest about it. Thats why we need a chair who is transparent. Predictably, Perez recanted his statement hours later.
Its remarkable that the DNC fraud case has essentially been ignored by most major media outlets because it has been an unbelievably newsworthy event. Case in point: the Democratic Party has argued in court against the core values of its name; the Democratic Party has thumbed its nose at the democratic process. To be specific, Jordan Chariton of the TYT Network reported that a DNC lawyer stated in court, We could have voluntarily decided that, Look, were gonna go into back rooms like they used to and smoke cigars and pick the candidate that way because it was in their legal right to do so.
Although this story has been largely ignored, it hasnt come from a lack of effort from the lead attorneys for the plaintiffs, Jared and Elizabeth Beck. Theyve been interviewed by numerous sources in the alternative media world, and as a result, theyve raised a tremendous amount of grassroots interest. There is a Facebook page with over 58,000 followers that is dedicated solely to this case.
Then again, its easy for the casual observer to cast this aside because, at the superficial level, it looks like sour grapes. But theres a lot at stake for future elections, particularly for anti-establishment candidates who ever want a fair shake on either side of the aisle. The attorneys for the Sanders group are merely making a case that the DNC has a fiduciary duty to uphold the democratic process. The same goes for Republicans, since we all know how they treated former Rep. Ron Paul during his unsuccessful runs for the GOP nomination in 2008 and 2012.
In his case, the bitter reality of partisan collusion was evident even without a WikiLeaks email dump. The Republican National Committee opposed Ron Pauls nomination both cycles. It was all out in the open. For example, Bill Crocker of the RNC sent out this mass email in 2012:
Please plan to attend the SD [Senate District] conventions next Saturday and bring all your friends. We need to be sure we are not overwhelmed by the Ron Paul people, who still want to send a list of all Ron Paul people to the state convention.
There were also controversies with allegations of voter fraud in multiple state caucuses. In fact, Mitt Romney actually admitted that the party committed underhanded acts to give him the nomination. In the documentary film, Mitt, he relayed what someone from the RNC leadership told him:
In some ways, we kind of had to steal the Republican nomination. Our party is Southern, evangelical and populist. And youre Northern, and youre Mormon, and youre rich. And these do not match well with our party.
Its also worth noting that the RNC shot themselves in the foot by interfering with the democratic process. In 2008 Ron Paul seemed well-positioned to generate a Republican wave against Obama. While his libertarian, anti-war positions repelled the GOP establishment, he was bolstered by a grassroots swell of passionate support from youthful, tech-savvy voters poised to influence left-of-center independents and even disillusioned Democrats. Much like Bernie Sanders was doing for progressives and independents in 2016.
Getting left out of the debates
That leads to the other pending litigation affecting independent, third-party politics and the election process as a whole. Gary Johnson, the Libertarian Party, Jill Stein, and the Green Party are currently fighting the Commission on Presidential Debates in court. This group has two separate lawsuits, Level the Playing Field v. Federal Election Commission (FEC) and Johnson v. Commission on Presidential Debates.
The FEC has faced these kinds of lawsuits every election cycle since the Commission on Presidential Debates was formed in 1987. However, this is the first time when such a lawsuit has been juxtaposed with something like the DNC Fraud case.
The lawsuits against the DNC and Commission on Presidential Debates are indirectly connected because candidates such as Ron Paul and Bernie Sanders have essentially been forced to run within the two-party system. In other words, if independent candidates cant get a fair shot within the two-party system, then there needs to be fair opportunities for third-party candidates. Simply put, there are too many unreasonable barriers against third-party candidates, in particular, the Commission on Presidential Debates.
These lawsuits contest that the 15 percent polling requirement by the Commission on Presidential Debates isnt a reasonable threshold. Theyre absolutely right. If a third-party candidate couldnt reach 15 percent during this election, then it is an indicator that the barriers to entry are nearly insurmountable. After all, Donald Trump and Hillary Clinton were the most unfavorable candidates in American history. Also, a record-high 43 percent of Americans identified themselves as independents during this election cycle.
A strict polling requirement is also a poor metric for eligibility because many of the polls used simply dont include the third-party candidates. Secondly, only independently wealthy candidates, such as Ross Perot, can pay for enough advertising to reach the 15 percent figure before the debates take place.
Perot spent $63.5 million of his own money to finance his campaign in 1992. However, that amount of money is only a drop in the bucket now that campaign financing has exploded to the tune of $1.5 billion in the last Presidential election. Thats over six times the figure from 1992. With that in mind, it makes the message of Gary Johnsons campaign more impressive considering that he polled as high as 13 percent in September with only $11.6 million in donations.
Whether you voted for Gary Johnson or didnt support him in any way, his candidacy was an important one for democracy. Third-party candidates havent had much success on Election Day, but our country benefits from the presence of third-party candidates as they often pressure the main party candidates to modify their stances on various issues.
Of course there needs to be barriers to entry, albeit more reasonable ones, otherwise, the debate stage could be filled with politicians only seeking their 15 minutes of fame. The plaintiffs in this case believe that a candidate should be able to debate if he or she is on enough ballots to win the Electoral College. With that suggested criteria, the Presidential debates would have included Donald Trump, Hillary Clinton, Gary Johnson, and Jill Stein. The same requirements would have enabled Ralph Nader and Pat Buchanan to debate in 2000.
All that said, these lawsuits, even the one against the DNC, are longshots. Ultimately, the courts are unlikely to curb corruption within the two major parties. However, with enough public pressure, the Commission on Presidential Debates could be dissolved or forced to reform its ways. In the end, we all benefit from more competition in the political process.
Brian Saady is the author of the three-book series, Rackets, which is about the legalization of drugs & gambling, and the decriminalization of prostitution. http://www.briansaady.com. Twitter handle @briansaady
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GOP health care bill won’t be any better than ObamaCare, says Dr. Ron Paul – Fox Business
Posted: June 24, 2017 at 1:46 pm
Former presidential candidate Dr. Ron Paul (R-Texas) on Thursday expressed why he disapproves of the new GOP health care bill.
I dont expect it to be better because philosophically there is no difference because theres too many mandates, even on insurance companies. They have all these benefits, but then they holler and scream when they have to cover things. Republicans unfortunately havent done much better than the Democrats, he told FOX Business Liz McDonald.
Paul agrees with his son, Sen. Rand Pauls (R-KY) decision to stand against the GOP health care bill.
Hes (Rand Paul) on the right trackI know the points that Ive heard him sayget away from the benefits to the big corporations, in particular the insurance companies, yes he is right about that, he said.
The former presidential candidate believes that private insurance companies should compete with one another to lower monthly premiums.
The big problem is the more important services, the less the government should be involved, but medicine is one of the most important services some people will say. Thats where we have the most government interference, which does nothing more than boost up the cost, makes it complicated, he said.
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Four Senate Republicans oppose draft of GOP health plan – Washington Times
Posted: June 23, 2017 at 5:46 am
Washington Times | Four Senate Republicans oppose draft of GOP health plan Washington Times Rand Paul of Kentucky, Ron Johnson of Wisconsin, Ted Cruz of Texas and Mike Lee of Utah said they opposed the draft legislation for a variety of reasons, but they're still open to negotiation before the bill hits the floor. There are provisions in ... Cruz, Johnson, Lee, Paul 'not ready' to support GOP healthcare plan Ron Johnson and Ted Cruz Join the Rand Paul/Mike Lee Opposition to Obamacare Lite GOP Senators Rand Paul, Ted Cruz, Ron Johnson, and Mike Lee 'Not Ready to Vote' for Healthcare Bill |
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