What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.
Ron PaulThe ultimate solution is not in the hands of the government. The solution falls on each and every individual, with guidance from family, friends and community. The #1 responsibility for each of us is to change ourselves with hope that others will follow. This is of greater importance than working on changing the government; that is secondary to promoting a virtuous society. If we can achieve this, then the government will change.
Ron PaulThe federal government overrules state laws where state laws permit medicinal marijuana for people dying of cancer. The federal government goes in and arrests these people, put them in prison with mandatory, sometimes life sentences. This war on drugs is totally out of control. If you want to regulate cigarettes and alcohol and drugs, it should be at the state level.
Ron PaulStrictly speaking, it probably is not “necessary” 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 Paul