First reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value.
Ron PaulWhy is it that some people, you know, think we should obey the Constitution sometimes and not other times.
Ron PaulIf you're really serious about protecting people's incomes, you've got to consider how you're going to protect the dollar. If you don't have the dollar maintaining its value, no matter where you put the money you're not going to have any value.
Ron PaulI have this terrible habit of wanting to try to be consistent and develop a philosophy that's coherent.
Ron PaulCliches about supporting the troops are designed to distract from failed policies, policies promoted by powerful special interests that benefit from war, anything to steer the discussion away from the real reasons the war in Iraq will not end anytime soon.
Ron Paul