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.
Ron PaulMy understanding is that espionage means giving secret or classified information to the enemy. Since Snowden shared information with the American people, his indictment for espionage could reveal (or confirm) that the US Government views you and me as the enemy.
Ron PaulWhy is it that some people, you know, think we should obey the Constitution sometimes and not other times.
Ron PaulAmericans are tired of the games and the lies of today's media. They want the truth. Imagine this. No censors, no barricades, no statists. We will be able to engage viewers directly on subjects that matter most to them, from finances to civil liberties to foreign policy.
Ron PaulStrictly speaking, it probably is not โnecessaryโ 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.
Ron PaulOrder was only restored in L.A. when it came time for the blacks to pick up their welfare checks three days after rioting began. ... What if the checks had never arrived? No doubt the blacks would have fully privatized the welfare state through continued looting. But they were paid off and the violence subsided.
Ron Paul