I want to be president mainly for what I don't want to do: I don't want to run your life, I don't want to run the economy, and I don't want to police the world.

Both sides of the political spectrum must one day realize that limitless government intrusion in the economy, in our personal lives, and in the affairs of other nations cannot serve the best interests of America.

If you give up on your principles I don’t think that’s being pragmatic... Doing the wrong thing, even partially, isn’t being practical...if you have the right ideas and are forceful enough...I think you can get the support you need.

Freedom is living without government coercion. So when a politician talks about freedom for this group or that, ask yourself whether he is advocating more government action or less.

The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.

Al-Awlaki was born here, he is an American citizen. He was never tried or charged for any crimes. No one knows if he killed anybody. We know he might have been associated with the underwear bomber. But if the American people accept this blindly and casually that we now have an accepted practice of the president assassinating people who he thinks are bad guys, I think it's sad.

Strictly speaking, it probably is not “necessary” for the federal government to tax anyone directly; it could simply print the money it needs. However, that would be too bold a stroke, for it would then be obvious to all what kind of counterfeiting operation the government is running. The present system combining taxation and inflation is akin to watering the milk; too much water and the people catch on.