Third World Nation

'I just read an Internet comment that said, "If Ron is elected, remember that we will become a Third World nation in a matter of days."

'Indeed! Without the Federal Reserve to rip us off and give us its touted "stability," without the largest prison population in the world thanks to a war on victimless crimes, without a presidential assassination program, without kids stuck in $1 trillion in debt thanks to "student loans," without a policy of endless war made possible by the dumbest propaganda in world history, without bailouts of the wealthiest and most influential, without an unpayable debt coupled with unfunded entitlement liabilities in excess of twice world GDP, we'd be...what was that again?

Thomas Woods

Deficit Spending

Sent to Omaha World Herald on Sept 5th, 2011 and not published.

"At the end of the day, infrastructure is the right answer,'' said Iowa State University economist Peter Orazem. "That's what government is supposed to do to fuel the engine of economic progress.''
Some truths cannot be denied:
1) All resources the stimulus consumed were extracted from private sector-- always remember --government has no resources of its own. Everything government does must come from the hides of private producers and the citizenry in general, in the future if not immediately.
2) Reagan was often correct.
"Our system freed the individual genius of man. We allocate resources not by government decision but by the millions of decisions customers make when they go into the market place. If something seems too high-priced, we buy something else. So resources are steered toward those things people want most at the price they are willing to pay." What we need are FEWER decisions on what comprises progress from planners in government.
3) The transportation tax dollars spent on the Bob Kerrey Foot Bridge was diverted from needed infrastructure projects. We cannot force Congress (politicians) to spend on needy projects rather than visible landmarks like the foot bridge. We, the People, are not in charge anymore as President Obama proved in Libya.
4) Giving the federal government more ability to spend is like giving a drink to an alcoholic. An infrastructure bank is like setting up a still.

Permission to print only if not changed in any way.

Financial Markets and Monetary Policy

Do you wonder why we followed Ron Paul in 2007?
He knew the cause of the coming collapse. Ron Paul told us very clearly. Then he said:

"Once you become knowledgeable,
you have an obligation to do something about it"

... so we tried to help Ron Paul get his message out in 2007 and we continued into 2011. Nor do we give up now, as we have an obligation to do something about it.

Asked by Chris Matthews about the bonanza in the Hedgefund Industry in 2007, Ron Paul answers:

I think this is not a consequence of free markets. What is happening is a transfer of wealth from the poor and middle class to the wealthy This comes about because of the monetary system 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 is why we have more billionaires then ever before. Today, this country is in the middle of a recession for a lot of people. Michigan knows about it. Poor people know about it. The middle class knows about it. Wall Street doesn't know about it. Washington, DC, doesn't know about it.

Its because of the monetary system and the excessive spending. As long as we live beyond our means, we are destined to live beneath our means and we have lived beyond our means because we are financing a foreign policy that is so extravagant and beyond what we can control.

Join the Revolution, starting min. 2:55


Dr. Ron Paul was an OB/GYN when Nixon ended Bretton Woods. Because he understood about the coming loss of the middle class, felt strongly he was obligated to inform others.

Senator Bob Kerrey's Foot Bridge across the Missouri River built using score of millions of dollars meant for infrastructure.
This bridge is a perfect example of how voters cannot require Congress to spend on infrastructure when pork is so visible.

Save as Draft

In 1990, 6.4 million worked 4 federal, state or local governments--in 2010, 38.3 million (almost six times as many) same. These are net tax eaters not net tax producers.