Ron Paul was interviewed by Neil Cavuto on FOX News this morning regarding the G20 financial summit hosted by George W. Bush at the White House. I wish they discussed Bush’s sudden and recent championing of “free market capitalism”, but it was a bit more toward the standard Ron Paul rhetoric we have become used to.
He again says that these leaders don’t have a clue how to “fix” the economic calamity, and in fact, they can’t. He attacks the central bankers as the real movers and shakers in the cause of the mess saying they are meeting overseas, secretly, and we have no idea what they are doing since there is no transparency.
Ron Paul has released a new video discussing this weekend’s global economic summit with the G20 leaders. He expresses skepticism about the U.S. being able to maintain its economic independence against the push by Europe and China for a new reserve currency and more global centralized control.
George W. Bush is fighting against such centralized control, but how can we trust his words when they’ve been so far from reality in the last eight years? Ron Paul does not believe anything will be decided at this weekend’s summit, but believes it begins the discussion toward global economic planning.
Also of note is that Ron Paul will appear tomorrow around noon on the FOX News channel during a two hour special on the economic summit hosted by Neil Cavuto.
The title of this post was lifted directly from James W. Harris’ article at the The Advocates for Self-Government. I liked it so much, I had to use it, but with a reverent bow in Mr. Harris’ direction.
With Obama promising more bailout and stimulus packages, it’s pretty scary to take a look at how much money has been “doled out” recently:
Lets recap the amount of money spent thus far this year. A word to the wise, get some duck tape to wrap around your head, cause these numbers all together is gonna make it explode… if it hasn’t already:
$700 billion for Wall Street, including Bank of America (Merrill Lynch), Citigroup, JP Morgan (WaMu), Wells Fargo (Wachovia), Morgan Stanley, Goldman Sachs, and a lot more
Yes, over $2 trillion dollars. That $8 billion for IndyMac doesn’t even seem big anymore. Oh, and keep in mind that this doesn’t include the hundreds of billions the fed has and will buy up in commercial paper and lend out to other financial firms. The deficit is nearly $440 billion this year, and the national debt is $10.5 trillion. If these numbers don’t shake the next Congress into becoming more fiscally responsible, nothing probably will.
Last week, Campaign for Liberty press guy and Ron Paul grandson-in-law Jesse Benton was driving to a constituent event with his boss and the subject of 2012 came up.
“He hasn’t closed out the idea of another run,” said Benton today. “We have some time to decide whether he runs again, or whether he gets behind somebody else. But we don’t have tons of time. By the middle of 2009, the decision needs to be made.”
Interesting. The article also shows Benton’s opinion on a potential Gary Johnson 2012 bid. His argument uses Bob Barr as an example.
I asked about the rumor that former New Mexico Gov. Gary Johnson might jump into the race (unclear in which party yet). “If he were to decide that he wanted to do that, he’d be a great guy to take the reins. But I don’t think that what Dr. Paul captured was 100 percent transferable to anyone else. I think the Bob Barr campaign assumed that and it didn’t pan out.”
So it looks like we may know within the next six months or so if Ron Paul will be running in 2012.
The New York Times has published their first part of the Ron Paul “answers your questions” interview this morning. One of the questions was regarding running third party or independent after failing to get the GOP nomination. Finally, Dr. Paul explains what Jesse Benton sent us in an email a few days ago.
Q: Even before the primaries, you said you would not run in the general election. Why specifically did you not run?
A: I was running for the Republican nomination, and I would have run in the general if I had won. I had little interest in running third party due to the inherent biases against such efforts. I also signed legally binding agreements not run third party in 2008 if I failed to win the G.O.P. primary. That was the cost for ballot access in several states, 11 total I believe. So even I had wanted to, it would not have been possible to run in the general after I lost the primary.
In another interesting question (That I swear wasn’t submitted by me. Well, truthfully it was.) that Ron Paul sort of “punts” on is about his relationship with Bob Barr.
Q: Did Bob Barr’s failure to appear at your press conference endorsing the third-party vote cause a rift between you and him? Are you still friends with him?
A: That’s old news as far I’m concerned. I’m more interested in focusing on positive things Americans can accomplish moving forward.
He makes a fair point, but he didn’t answer the question. Then again, judging from his answer we can infer the truth. I’m reminded of the age-old axiom, if you don’t have anything nice to say about someone, say nothing at all. I doubt there will be any future joint efforts toward liberty between Paul and Barr. Is it getting cold in here or is it just me?
Judging from some of the comments to the interview we still have a long way to go before people get it through their thick skulls that the government is not a substitute for parenting, hand holding, and individual responsibility.
Pat Buchanan argues against the talk of Bretton Woods making a comeback in his latest commentary posted on The American Conservative blog. After going through the history of the 1944 Bretton Woods meeting, he has a few choice words about the potential for Bretton Woods II, which he believes will be a attack on U.S. Sovereignty. He argues that the American people will never let it happen.
Globalists see in this worst of world financial crises since the 1930s what New Dealers saw in the Depression: an opportunity to geometrically augment government power and impose their visions upon mankind.
Barack Obama’s chief of staff appears to entertain such thoughts. Said Rahm Emanuel Sunday, “The crisis we have today is an opportunity to finally deal with what Washington, for years, has kicked down the road.”
Brown and Sarkozy may believe a new era of multilateralism is upon us, in which they will play great roles, as the bad old Bush era of American unilateralism ends. But should Obama begin to cede U.S. sovereignty, he will find himself in the same firestorm that engulfed George W. Bush and John McCain when they sought amnesty for 12 million to 20 million illegal aliens.
I agree with Buchanan on this point. Ron Paul has warned of such things for a very long time as most of America feigns blindness to it. When the reality of it hits through one of these global gatherings the people will be blind no more. They will be pissed off and ready to let our new President and his administration know about it.
There is no mistaking those faithful activist followers of Ron Paul with the general drooling masses swayed into true belief in the boundless ability of the American presidency. It even filters down to presidential candidates. Myths become reality and contradictions are ignored. The Ron Paul zealots, even the conspiracists among them, deserve more credibility than those that believe in the magically deliciousness of Barack Obama. At least they pay attention beyond the main stream media soundbites. You don’t have to think very hard to realize that John McCain is just an old establishment hack politician. His claim of being a “maverick” is as credible as his claim of believing in the United States Constitution.
Yet the masses are moved into worshipping these men because they sought out the position of “leader of the free world.” The truth is the job of American President in this modern age is doomed no matter who sits on the Oval Office throne. One of the best books I’ve read in a long time, “The Cult of the Presidency: America’s Dangerous Devotion to Executive Power“, explores the slow development of the presidency from its humble beginnings to its godlike stature today.
The reality is that the more we expect from our President the less he is capable of delivering. This is especially true during economically calamitous times such as these. The book is a timeline of the American presidency put through the limited government microscope of author Gene Healy (CATO Institute). He celebrates the “boring” presidents like Harding and Coolidge. He hammers on the generally more popular and active presidents like Teddy Roosevelt, Woodrow Wilson, and FDR.
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
by Jake, the Champion of the Constitution Originally published November 9, 2008 at http://www.nolanchart.com/article5438.html
In my last update “FDIC Gives Alpha Bank the Axe!“, I predicted a drought of closures with a possible drizzle (one or at most two minor banks) until November 4th, after that, regardless of the bailout, to expect a steady drizzle and possible downpour (few more major banks and a bunch of smaller ones to kick the bucket) before we close 2008. Looks like we are on the way! (logo)
With the addition of the three banks below, the FDIC’s Bank Body Count (BBC) for 2008 now stands at 19, most notably the recent closure of Houston’s Franklin Bank. [I admittedly cringed a little when I saw they used an image of Ben Franklin on their logo.] Another credit union has recently given up the ghost, making it 13 on the year.
Franklin Bank, Houston, Texas ($5.1 billion in assets, $3.7 billion in deposits, ~$1.5 billion cost to the FDIC) Date of Demise: 11/07/2008
Security Pacific Bank, Los Angeles, CA ($561 million in assets, $450 million in deposits, ~$210 million cost to the FDIC) Date of Demise: 11/07/2008
Freedom Bank, Bradenton, Florida ($287 million in assets, $254 million in deposits, ~$95 million cost to the FDIC) Date of Demise: 10/31/2008
High Desert Federal Credit Union, Apple Valley, California ($149 million in assets, cost to NCUA not stated) The credit union is now under the new dictionary term, “conservatorship.” Date of Government Takeover: 10/16/2008
Again, HAVE YOU PROTECTED YOURSELF?
First understand the FDIC, the NCUA, and the nature of the banking system. Here’s the fastest lesson I can manage. Try my other writings or just search the net for more information.
One of Liberty Maven’s (soon-to-be) Liberty Heroes, Thomas DiLorenzo, was interviewed by columnist Ilana Mercer. DiLorenzo, who recently wrote Hamilton’s Curse, discusses at length Hamilton’s strong desire for mercantilism in this country, and throws the stated desires of Obama and McCain into the mix for comparison purposes.
Obama is a slick politician, so I expect him to continue to administer the neo-mercantilist, Hamiltonian empire that has been built up by both parties over the decades, with all of its schemes for corporate welfare for defense contractors, investment bankers and myriad other politically active businesses which, in turn, provide financial support for the regime. But Obama is also a hardcore leftist who spent his earlier career working with some of the craziest socialists in America, groups like ACORN, who advocated such things as kicking doctors off the boards of hospitals and replacing them with “the poor,” and Soviet-style nationalization of the energy and health care industries.
Liberty Maven
“, explores the slow development of the presidency from its humble beginnings to its godlike stature today.
In my last update “
Loading ...
