Government Dependency Will End In Chaos

By U.S. Rep. Ron Paul, M.D. (R-Texas)
The media insists on characterizing statements about dependency on government handouts as controversial, but in truth such statements are absolutely correct. It’s not that nearly half of Americans are depen-dent on government; it’s actually more than half. If one includes not just people on food stamps [...]

Inflation Is A Monetary Phenomenon

By U.S. Rep. Ron Paul, M.D. (R-Texas)
Later this month Congress will have an unprecedented opportunity to force the Federal Reserve to provide meaningful transparency to lawmakers and taxpayers. HR 459, my bill known as “Audit the Fed,” is scheduled for a vote before the full Congress in July. More than 270 of my colleagues [...]

Fractional Reserve Banking, Government and Moral Hazard

By Congressman Ron Paul, MD (R-Texas)
Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. In practice, nearly 100% [...]

Unconstitutional Use Of Drones Must Stop

By Congressman Ron Paul
Last week I joined several of my colleagues in sending a letter to President Obama requesting clarification of his criteria for the lethal use of drones overseas. Administration officials assure us that a “high degree of confidence” is required that the person targeted by a drone is a terrorist. [...]

Indefinate Detention: Tyranny Continues

By U.S. Congressman Ron Paul
The bad news from last week’s passage of the 2013 National Defense Authorization Act is that Americans can still be arrested on US soil and detained indefinitely without trial. Some of my colleagues would like us to believe that they fixed last year’s infamous Sections 1021 and 1022 of [...]

The Fed: Mend It Or End It?

By U.S. Rep. Ron Paul, M.D. (R-TX)
Last week I held a hearing to examine the various proposals that have been put forth both to mend and to end the Fed. The purpose was to spur a vigorous and long-lasting discussion about the Fed’s problems, hopefully leading to concrete actions to rein in the Fed.
[...]

Enduring Committments Abroad

By U.S. Rep. Ron Paul, MD (R-Texas)
Last week President Obama made a surprise pre-dawn trip to Afghanistan to mark the one year anniversary of the killing of Osama bin Laden and to sign a document further extending the US presence in that country. The president said, “we’re building an enduring partnership…As you stand [...]

In Praise Of Private Charity

By U.S. Rep. Ron Paul, MD (R-TX)
One of the great fallacies of our time is that if government doesn’t do something, no one will. Its corollary is that if you are opposed to the government doing something, that you are opposed to anyone performing that function at all. These disastrous fallacies color [...]

Demolishing Due Process

By U.S. Congressman Ron Paul, M.D. (R-TX)
It is ironic but perhaps sadly appropriate that Attorney General Eric Holder would choose a law school, Northwestern University, to deliver a speech earlier this month in which he demolished what was left of the rule of law in America.
In what history likely will [...]

Economy Squeezed As Debt Accelerates

Senator Jeff Sessions, ranking member of the Senate Budget Committee has pointed out that our per capita government debt is already larger than Greece’s. Per person, our government owes over $49,000 compared to $38,937 per Greek citizen. Our debt has just reached 101% of our Gross Domestic Product. Our creditors [...]

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