When I first started thinking about this Presidential election, I supported both Ron Paul and John McCain. I saw them both as good options, as I agreed with most of their positions. And the issues they disagreed on were not ones that I cared about. But as I learned more, I slowly began to oppose the War in Iraq. Initially, I supported it for two main reasons:
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Ralph Nader visited USC today. Unfortunately, I didn’t make it, but I hope someone got it on video and will post it. I’ll ask some friends about it sometime 
Tags: economics, Ralph Nader, ron paul, USC
Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy – all the capital misallocation, all the malinvestment – and prevent the market’s attempt to re-establish rational pricing of houses and other assets.
Tags: Austrian School, credit, economics, financial, meltdown, ron paul
I refuse to vote for a candidate who doesn’t discuss this issue honestly. Watch Ron Paul now. And on MSNBC, Ron Paul discusses the national debt. (He also mentions the situation regarding Hurricane Ike, which hit near where he lives in Texas.)
Tags: financial crisis, ron paul
Watch this!
Tags: inflation, kudlow and company, president, ron paul, ronald reagan, tax
On July 12, Ron Paul supporters held a Revolution March and Rally. See this post on RonPaul.com and watch the videos on YouTube.
Tags: 2008, donations, kent snyder, revolution march, ron paul
Ron Paul is a Republican congressman serving his 10th term in the House of Representatives. I’ve written about him before. I learned from someone’s comment on YouTube that he has a new feature: a weekly update directly from him regarding the activities in Congress. I just listened to it, and it’s quite good. Hear his legislative update toll-free at 888-322-1414.
Tags: congress, legislative, phone, republican, ron paul, update, weekly, youtube
Part 2 of Ron Paul’s speech at the College of Idaho 4/25/08. Part 1 here
We were allied with Osama bin Laden when he was a freedom fighter in Afghanistan. Now that we are the occupiers, he’s a terrorist. Obviously, our foreign policy is screwed up. Let’s change it. It’s not hard to do. It’s described in the Constitution and by the Founding Fathers.
Tags: foreign policy, osama bin laden, ron paul, terrorism
I’ve been reading Ron Paul’s The Revolution, and have already mentioned what it says about gold. Today I’d like to quote a bit about what Paul says regarding the income tax. Essentially, he believes we should completely abolish it, and replace it with nothing, not even a sales tax– and after reading his argument, I fully agree. It would eliminate about 40% of government revenue . . . which would make the government’s budget about the same as it was in 1997! Think about that.
The income tax implies the “government owns you, and graciously allows you to keep whatever percentage of th fruits of your labor it chooses. Such an idea is incompatible with the principles of a free society” (78). As Frank Chodorov puts it: “It is like saying that the slave is free because he is allowed to do anything he wants to do (even vote, if you wish) except to own what he produces” (79).
Ron Paul does not sit around and vote “No” on everything. Although he wants to eliminate the income tax completely, that is currently impossible, so he tries to at least “make dents in the edifice in the meantime.” Thus, he makes lots of proposals, such as the proposal that, “for all those whose income consists largely of tips, that income in the form of tips be exempt from income taxation. I have proposed that America’s teachers be granted tax credits, thereby increasing their salaries. I have proposed that people with terminal illnesses be exempt from Social Security taxes while they struggle for their lives. (There is surely no moral justification for taxing people who are trying to maintain their very lives.)”
These are moral and sensible tax breaks, unlike the subsidies specific business interests currently receive from the government. It’s a complex issue, and Paul is careful never to make overarching generalizations. The ideal, however, would be to abolish the income tax and replace it “not with a national income tax, but with nothing.” The federal government is currently funded by:
- Excise taxes
- Corporate income taxes
- Payroll taxes
- The individual income tax
- Miscellaneous other sources
Abolishing the individual income tax “would cut government revenue by about 40 percent. I have heard the breathless claims about how radical that is– and compared to the trivial changes we are accustomed to seeing in government, I suppose it is.” I love that line: compared to the trivial changes we are accustomed to seeing in government, abolishing the income tax would be radical. “But in absolute terms, is it really so radical? In order to imagine what it would be like to live in a country with a federal budget 40 percent lower than the federal budget of 2007, it would be necessary to go all the way back to . . . 1997″ (80). Paul continues: Read the rest of this entry »
Tags: a manifesto, income tax, rich, ron paul, tariffs, the revolution
