Order 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 PaulWe should have a strong president. Strong enough to resist the temptation of taking power that a president shouldn't have.
Ron PaulWe don't have the freedom of speech to talk about the weather. We have the first amendment so we can say some very controversial things.
Ron PaulWe 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 PaulAs bank customers, we tend to believe that we can have both perfect security for our money, drawing on it whenever we want and never expecting it not to be there, while still earning a regular rate of return. In a true free market, however, there tends to be a tradeoff: you can enjoy a money warehouse or you can hope for a return on your investment. You can't usually have both. The Fed, however, by backing up this fractional-reserve system with a promise of endless bailouts and money creation, attempts to keep the illusion going.
Ron Paul