We in the Congress have a moral and constitutional obligation to protect the value of the dollar and to understand why it is so important to the economy that a central bank not be given the unbelievable power of inflating a currency at will and pretending that it knows how to fine-tune an economy through this counterfeit system of money.
Ron PaulWhat else do we need to know about the political establishment than that it refuses to discuss the crimes that terrify Americans on grounds that doing so is racist? Why isn't that true of complex embezzling, which is 100 percent white and Asian?
Ron PaulTimes of tragedy and war naturally bring out strong emotions... Sometimes people are only too anxious to sacrifice their constitutional liberties during a crisis, hoping to gain some measure of security. Yet nothing would please terrorists more than if we willingly gave up our cherished liberties because of their actions.
Ron PaulThe ultimate goal is not simply a superhighway, but an integrated North American Union--complete with a currency, a cross-national bureaucracy, and virtually borderless travel within the Union. Like the European Union, a North American Union would represent another step toward the abolition of national sovereignty altogether.
Ron PaulCritics of NAFTA and CAFTA warned at the time that the agreements were actually a move toward ... an eventual merging of North America into a border-free area. Proponents of these agreements dismissed this as preposterous and conspiratorial. Now we see that the criticisms appear to be justified.
Ron PaulFrom the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.
Ron Paul