When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
Ron PaulI believe that when we overdo our military aggressiveness, what it does it actually weakens our national defense. I mean, we stood up to the Soviets. They had 40,000 nuclear weapons. Now we're fretting day in and day - night about third-world countries that have no army, navy or air force.
Ron PaulThroughout the 20th century, the Republican Party benefited from a non-interventionist foreign policy. Think of how Eisenhower came in to stop the Korean War. Think of how Nixon was elected to stop the mess in Vietnam.
Ron PaulThe 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 PaulWe don't think a child of 13 should be held responsible as a man of 23. That's true for most people, but black males age 13 who have been raised on the streets and who have joined criminal gangs are as big, strong, tough, scary and culpable as any adult and should be treated as such.
Ron PaulIf I were in Congress in 1996, I would have voted for the Defense of Marriage Act, which used Congress's constitutional authority to define what official state documents other states have to recognize under the Full Faith and Credit Clause, to ensure that no state would be forced to recognize a 'same sex' marriage license issued in another state.
Ron Paul