News that China is soon to surpass the United States as the largest economy in the world is a stark reminder of how the American people are harmed by the welfare-warfare state, crony capitalism, and fiat currency. The only way to avoid continuing collapse is to finally reject an interventionist foreign policy, stop bailing out and subsidizing politically powerful industries, and restore a free market in money.
Speaking on the House of Representatives floor on September 17, 1997, then-Rep. Ron Paul warned of the “massive buildup of a virtual army of armed regulators.” We saw the United States government’s armed agents in action recently at the Bundy ranch in Nevada. We also saw them back off, at least for now, when confronted by armed protestors. Paul’s concluding sentences of his 1997 speech seem apropos: "The gun in the hands of law-abiding citizens serves to hold in check arrogant and aggressive government. Guns in the hands of the bureaucrats do the opposite. The founders of this country fully understood this fact."
Bad Government and Central Bank Policy Are the MAIN CAUSE of Runaway Inequality
Military Keynesians Are Full of Sh ... (Cough) ... Shallow Myths
A government that continually violates our rights of property and contract can fairly be descried as authoritarian. Of course, the politicians and bureaucrats take offense at this term, but how else do you describe a government that forbids Americans from grazing cattle on land they have used for over a century, from buying health insurance that does not met Obamacare’s standards, from trading with Cuba, or even from drinking raw milk! That so many in DC support the NSA spying and the TSA assaults on our privacy shows the low regard that too many in government have for our rights. History shows us that authoritarian systems, whether fascist, communist, or Keynesian, will inevitably fail.
Last week we saw yet another tragedy at Ft. Hood, Texas, as a distraught Iraq war veteran killed three of his fellow soldiers before killing himself. It is nearly five years after the last Ft. Hood shooting, where 13 people were killed. These tragedies are heartbreaking and we certainly feel much sympathy for the families of the victims. While there is much focus on the mental illness that appears to have driven many of these men to murder, what is left unsaid is the cause of the tragedy. Government officials and the media only talk about the symptoms that lead to these tragic events. They will tell us that there are people who get post-traumatic stress disorder (PTSD) and kill themselves and others. They will all call for more government intervention into the lives of those in the military to root out and “treat” mental illness. But they will never question the two causes of these tragedies: the disastrous decade-long US wars in Iraq and Afghanistan that have destroyed the minds of so many service members, and the government psychiatrists who prescribe extremely dangerous psychotropic drugs to treat these damaged soldiers.
Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning. This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International Monetary Fund (IMF)-designed plan for Ukraine, life is about to get much more difficult for average Ukrainians. The government will freeze some wage increases, significantly raise taxes, and increase energy prices by a considerable margin. But the bankers will get paid and the IMF will get control over the Ukrainian economy.
"The war mongers will continue to use propaganda and misinformation to convince you we are in danger if the war budget is cut by 2%. The truth is that we need to cut the military by 50%, stop trying to operate a world empire, and withdrawal our troops from Germany, Japan, and the dozens of other countries around the globe. We need to stop handing billions of dollars we don’t have to Israel, Egypt and dozens of other countries so they can buy arms from our arms dealers. We are the cause of all the war and violence in this world. The job of our military is to protect our borders, not to police the world. Hubris, arrogance, and overreach, financed by central bank created debt, is how empires die."
It was almost ten years ago when, before the House International Relations Committee, Ron Paul objected to the US Government funding NGOs to meddle in the internal affairs of Ukraine. At the time the “Orange Revolution” had forced a regime change in Ukraine with the help of millions of dollars from Washington. He was worried about millions of dollars that the US government-funded National Endowment for Democracy (NED) and its various related organizations spent to meddle in Ukraine’s internal affairs. But it turns out that was only the tip of the iceberg. Sadly, matters are even worse now. To promote democracy overseas, NED and all other meddling US government funded NGOs should be disbanded immediately.
"I think it was wrong for us to get involved and participate in the overthrow of the government," exclaims Ron Paul in this brief clip, adding the US is "stirring up trouble in Crimea." The American people are "tired of it," and "it would be best for us to stay out." The US doesn't need another war - and certainly can't afford it - and "we don't want trade wars." Simply put, he concludes, "it's best we stay out."
"If we look only at the stock market, then we're in denial," warns Ron Paul in this brief 'uncomfortable-for-the-anchor' CNBC interview, adding that "it's an illusion." While the stock market has performed well, Paul explains that the economy-at-large continues to struggle noting that it's due to the Fed: "I don't think any one individual knows how to plan the economy by manipulating interest rates' [they] are so important that if you give this power to one small group - there will be distortion." That's why socialism fails, slams the Fed critic, "it's the invisible hand that we lack, not the wisdom of a few people. Few people can't be wise enough to dictate the market," and the Fed's history shows their track "record is pretty bad."
The reaction of Sen. Dianne Feinstein (D-CA) to last week’s revelations that the CIA secretly searched Senate Intelligence Committee computers reveals much about what the elites in government think about the rest of us. “Spy on thee, but not on me!” The hypocrisy of Sen. Feinstein is astounding. She is the biggest backer of the NSA spying on the rest of us, but when the tables are turned and her staff is the target she becomes irate. But there is more to it than that. There is an attitude in Washington that the laws Congress passes do not apply to Members. They can trample our civil liberties, they believe, but it should never affect their own freedom. The essence of this problem has to do with the difficulty in managing the US empire. Let’s hope that Sen. Feinstein has had her wake-up call and will now finally start defending the rest of us against a government that increasingly sees us as the enemy.
The West will claim "everything Putin does is illegal," but while Ron Paul notes "he's no angel," the former congressman adds Putin "has some law on his side." America has a right of secession and Crimea should have it too - "it's such a facade," Paul explains, noting that "contracts, and agreements, and treaties" linked to the Sevastopol base provide Putin with a legal basis to militarily occupy Crimea, "Russia could accuse America of occupying Cuba because it, too, holds a lease on the land around the Guantanamo Bay prison."
Officially, US debt stands at more than $17 trillion. In reality, it is many times more. So who in his right mind would think it is a good time to start a war with Russia over Ukraine? And worse, who would commit the United States to bail out a Ukraine that will need at least $35 billion to survive the year? Who? The president and Congress, backed by the neocons and the so-called humanitarian interventionists! Cooler heads in the United States are not currently prevailing. There is a danger of an unimaginable conflict between the US and Russia. We must demand a shift away from a war footing, away from incendiary rhetoric. We are broke and cannot afford to “buy” Ukraine. We certainly cannot afford another war, especially with Russia!
What Hagel proposes is not cuts, but instead a shift in spending away from personnel and toward new high-tech weapons which are favored by and profitable to the military-industrial complex. Welfare spending is bankrupting the country. But military spending is also welfare: it is welfare for the well-connected military-industrial complex, which enriches itself manufacturing useless boondoggles like the F-35 fighter. A proper foreign policy would mean a strong national defense, but a huge reduction in interventions and commitments overseas. Why are we stirring up trouble in Ukraine? In Syria? In Africa? Why are we defending South Korea and Japan when they are wealthy enough to defend themselves? A proper sized foreign policy would defend the United States instead of provoking the rest of the world.