Archive for May, 2009

Ron Paul attacks Keynesian Economics on MSNBC

May 15th, 2009 12:05 pm  |  by  |  Published in Banking, Big Government, Constitution, Debt, Economics, Federal Reserve, Foreign Policy, Free Market, government spending, inflation, Liberty, Money, Ron Paul, Taxes  |  4 Responses

Ron Paul had a great appearance on MSNBC’s “Morning Joe” this morning. Scarborough and the other host praised Ron Paul for being one of the only people to predict our economic crisis.

Joe reads Ron Paul’s own words in 2003 in amazement and asks how he knew what was going to happen when the others did not. The answer is quite simple really, two words: Austrian Economics. Paul then cites Keynes as the one person responsible for our current woes.

Watch the appearance below.

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Rand Paul forms exploratory committee, new Republican Leader?

May 14th, 2009 10:44 pm  |  by  |  Published in Activism, Election, Liberty, Politics, Rand Paul, Ron Paul  |  9 Responses

Rand Paul announced this evening (as expected) that he has formed an exploratory committee for a run at the U.S. Senate. He did so on the left-leaning Rachel Maddow show on MSNBC. Maddow introduced him just after propping up his father Ron Paul as a potential GOP leader.

I listed Rand Paul as a potential GOP leader in an earlier article this week. Candidates like him (new outsiders) are precisely the type of candidates the GOP needs right now. The old guard Republicans have the power for now and will not go quietly away which makes Paul’s candidacy a long shot, at least for now. If they were smart they’d embrace this new voice. Let the money bombs begin!

Rand Paul’s website http://randpaul2010.com/ was hammered with traffic following his announcement and was unavailable for a short period of time. Feel free to donate now.

Watch the entire segment at MSNBC or watch the Rand Paul portion below.

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The dirty secret about expensive health insurance

May 14th, 2009 10:40 am  |  by  |  Published in Big Government, DownsizeDC.org, fascism, Health Care, Liberty, Market Regulation, Politics, Taxes  |  1

D o w n s i z e r – D i s p a t c h

Quote of the Day: “If Obama scews up health care where will the Canadians go?” — sign seen at a protest event


Do you need health insurance coverage for . . .

  • Maternity care, if you’re a single male
  • Infertility, if you don’t want a family
  • Alcoholism, if you don’t drink

If you live in New York state then you (or your employer) must pay for all these things, by law, or go without health insurance.

It’s even worse in New Jersey, where the law only permits four basic health insurance plans, each with its own cluster of mandatory coverages. As a result, family premiums run from $2,631.41 to $6,467.58, per month. (Source: “America’s Health Care Crisis Solved” by J. Patrick Rooney and Dan Perrin, page 113).

People who can’t afford those premiums (and few can) must go without health insurance.

Similar situations exist in other states . . .

Health insurance is too expensive because the politicians have made it that way. They’ve bowed to lobbyists who want to use the coercive power of government to mandate coverage for . . .

  • The medical equivalent of oil changes and tire rotations
  • Or things like maternity care for single males, infertility treatments for people who don’t want families, and alcoholism therapy for people who don’t drink.

These laws corrupt the very nature of insurance. Insurance is supposed to cover unlikely but expensive procedures, NOT simple blood tests, or massages, or acupuncture, or chiropractic adjustments, or anything else we could afford to pay out of pocket, if only so many of us weren’t being gouged by legally inflated insurance premiums. Read More »

Freedom is addictive

May 14th, 2009 12:36 am  |  by  |  Published in Activism, Andrew Napolitano, Big Government, congress, Constitution, Economics, Federal Reserve, Free Market, government spending, inflation, Lew Rockwell, Liberty, Market Regulation, Money, Peter Schiff, price controls, Ron Paul, rule of law, Socialism, states rights, Taxes, Thomas Woods  |  1

We liberty lovers went into a bit of withdrawal last week when Freedom Watch aired a “best of” show. Yesterday it returned in stellar form with guests Ron Paul, Daniel Hannan, Lew Rockwell, Tom Woods, Peter Schiff, Shelly Roche, and Tom Palmer  (CATO) joining Judge Napolitano.

Ron Paul and Daniel Hannan united in a one two punch fighting for liberty. They spoke about nullification, secession, and then compared Europe and America on the road to socialism. Another topic that they and the other guests discussed was protectionism. Peter Schiff seems to believe the U.S. need not worry too much about protectionism. Tom Palmer disagrees. Woods and Rockwell delve into the prospects for liberty in our lifetime.

Another excellent show. Watch it below.

Let the Rand Paul Revolution begin?

May 13th, 2009 5:32 pm  |  by  |  Published in Activism, congress, Election, Fund Raising, Liberty, Politics, Rand Paul  |  14 Responses

Tomorrow night (Thursday) Rand Paul is set to make a major announcement on the Rachel Maddow show. The speculation is running rampant about whether it will be an official announcement of his run for the Senate or if it will be to announce he is forming an exploratory committee to gauge the interest in his potential campaign.

The good money bet is on the exploratory committee option. Doing that will no doubt draw some main stream press and enable him to start raising money officially. Hello money bomb, where have you been?

Here is the word from a Rand Paul insider:

Rand Paul is going to make a MAJOR announcement on Rachel Maddow’s show Thursday night (5/14)! It will be worth watching as Rand has discussed a potential run for US Senate from Kentucky.

For the past fifteen years, Dr. Rand Paul, son of Congressman Dr. Ron Paul, has been the chairman of the Kentucky Taxpayers United, a group that monitors and rates the State Legislature. Dr. Paul has been traveling the state of Kentucky for the past several months meeting, talking, and gauging his support.

It is a long shot for Rand Paul at this point, but this move is another sign that the future of liberty in America will not go away without a fight.

The Hidden $13,000 Tax

May 13th, 2009 4:32 pm  |  by  |  Published in Big Government, congress, DownsizeDC.org, Free Market, government spending, Liberty, Market Regulation, Politics, Taxes  |  0

D o w n s i z e r – D i s p a t c h

Quote of the Day: Do not let these 545 people (Congress, President, and Supreme Court) shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take it. . . . Those 545 people and they alone are responsible. – Charley Reese


Every year, politicians and activists unveil plans to make taxes more simple and fair, but they never say anything about the worst tax of all.

It’s a tax that Clyde Wayne Crews of the Competitive Enterprise Institute estimates will cost $1.3 trillion this year, which is about $13,000 for the average American family.

  • Nobody ever gets a refund.
  • It doesn’t take into account one’s ability to pay.
  • It doesn’t increase revenue or decrease the deficit; actually, it increases deficits by depressing the economy.

You might not have heard about it. The tax is hidden. Not everyone pays it the same way:

  • Everyone pays at least some of it through higher prices on goods and services
  • Some, like small business owners, pay it through reduced profits and even bankruptcy
  • Others pay it through depressed wages or unemployment
  • We may even pay it through higher state and local taxes, or reduced state and local services

It’s the Regulation Tax, the cost of complying with federal regulations and unfunded mandates. Each regulation will cost an affected business some money, and that will translate into reduced profits, higher prices, or both. And so everybody pays: owner, employee, customer.

And contrary to popular belief, regulations are almost always unnecessary. A free market would have laws against violence, fraud, and theft. What it wouldn’t have is needless government intervention. In a free market, producers would be forced to serve the public interest by delivering safe, quality goods at ever-lower prices.

  • If they cheat workers and customers through fraud, they would be prosecuted.
  • If they do harm through sloppiness and negligence, they could be sued.
  • If they deliver poor quality, they will deservingly lose business.

In a free market, firms have built-in incentives to provide safe working conditions and safe, quality goods and services. The federal government makes this difficult by imposing one-size-fits-all regulations – and businesses are still usually liable for accidents and mistakes that escape regulatory supervision. So at best, regulations dictate what businesses would have done anyway; at worst they impose additional, unnecessary, and costly restrictions and burdens that actually make it harder to deliver safe, quality goods and services.

So who’s to blame for the Regulation Tax? Consider . . .

Read More »

Ron Paul’s rEVOLution Versus the “One Ring” of the Federal Reserve

May 13th, 2009 12:58 pm  |  by  |  Published in Banking, Big Government, Economics, Federal Reserve, Free Market, Liberty, Ron Paul  |  0

“One Ring to Rule them All… and in the Darkness Bind Them.” – from J.R.R. Tolkien’s ‘The Lord of the Rings’

by Jake Towne, the Champion of the Constitution

Originally published Wednesday, May 13, 2009 at http://www.nolanchart.com/article6417.html

One RingWhen I talk to people who have never even heard of the Federal Reserve, I often use an analogy based on the above quote from The Lord of the Rings trilogy. (That is after I first disavow them of the notion that the dollar is loosely backed by gold, which even I will admit believing was true just two years ago.)  (Photo courtesy Playadura license)

Today’s FED is a group of bankers who have the “Money Power” over all other banks and the money supply. This awesome power is like that of Tolkien’s One Ring, which controlled all of the other Rings of Power worn by men, elves, and dwarves. Can you imagine what YOU could do if you could snap currency into existence simply by writing a check to yourself? I’ve described this money power here “The Money Matrix – How the FED Works (PART 6/15)“.

Washington, DC is like Mount Doom. It is the only place that the Ring can be unmade, destroyed, and the money power returned to We the People. Only the Congress or the Supreme Court has the power to abolish the FED, and the battle royale of the moment is simply to audit the FED via HR 1207.

Frodo Baggins is no other than Congressman Ron Paul (R-TX). For most of his political career spanning 30 years, he has been isolated, sounding the clarion call for honest money from the fraudulent bankers upon the deaf ears of his fellow lawmakers. He has been struggling to place the banker’s precious Ring in the fires of Mount Doom, and return prosperity to the land by ridding it of an evil, barbarous, immoral relic, the FED.

Read More »

Ron Paul talks socialized medicine with Brian and the Judge

May 12th, 2009 4:21 pm  |  by  |  Published in Andrew Napolitano, Big Government, Constitution, FOX news, Health Care, Liberty, Market Regulation, Ron Paul  |  6 Responses

Ron Paul was interviewed by Judge Napolitano and Brian Kilmeade this morning on Fox News Radio. They talked about the recent moves toward socialized medicine. Keep in mind that Ron Paul is also a doctor so he speaks with some personal knowledge of this issue. In fact, he was a doctor prior to the current HMO system being put in place.

The Judge, at one point asks, what is the free market solution to health care?

Listen to the 11+ minute interview below to find out Paul’s answer.

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Ron Paul is a Modern Day Trust-Buster

May 12th, 2009 12:12 pm  |  by  |  Published in congress, Economics, Federal Reserve, Free Market, Liberty, Market Regulation, Maven Commentary, Money, Politics, Ron Paul  |  2 Responses

Ron Paul’s has been making moves to institute what could be considered anti-trust legislation for the Federal Reserve. His idea of legalizing competing currencies coupled with HR1207, his bill to audit the Fed, together are meant to reduce the regulatory power the Federal Reserve has over the economy.

While Paul’s competing currencies idea sits on the back burner lacking any real massive support, HR1207 is very much on the front burner with 149 cosponsors and more being added seemingly every day. Ron Paul’s nearly lifelong effort to shine a light on the Federal Reserve abuses may becoming a reality.

Read More »

Will YOU be nationalized next?

May 12th, 2009 10:28 am  |  by  |  Published in Big Government, congress, Constitution, DownsizeDC.org, fascism, Free Market, government spending, law, Liberty, Market Regulation, nationalization, Politics, price control, Socialism  |  0

D o w n s i z e r – D i s p a t c h

Quote of the Day: “A centralized democracy may be as tyrannical as an absolute monarch.” — James Anthony Froud (1818-1894) British author and historian Source: Short Studies on Great Subjects, 1872


The federal government is nationalizing and centralizing in all directions, including…

* Banks
* Insurance companies
* Car companies
* And, as we reported yesterday, they now fund the majority of state government expenditures

But it isn’t just companies and state governments. The Feds want to nationalize YOU too.

It’s important for our new members to know that Congress is weaving a net that will ensnare all of us in a centralized database that could not only track where you go and what you do, but also . . .

What YOU spend on health care, and the kind of treatment YOU receive.

This scheme started with the so-called REAL ID Act, which would standardize state drivers’ licenses to make a de facto National ID card. You’ll need this card to cash a check, hire a baby sitter, board a plane, or engage in countless other activities. You’ll need it TO BE A PERSON.

Now that may not sound so different from today. You already need a driver’s license and a Social Security number to do many things. But your drivers’ license isn’t centralized at the federal level, and that makes all the difference. Here’s why . . .

The federal government has a huge problem with the Medicare program. They’ve made trillions of dollars in promises they can’t keep. But they have a plan to control costs . . .

* All of us will have REAL ID cards, issued by the states, but tracked in a centralized database
* The Feds will then force us to have electronic medical records too (this process is underway now)
* Your electronic medical records will be connected to the centralized REAL ID database
* The government will then start dictating which medical treatments you can receive and which you cannot

This last stage in the process is also being planned now. The supposed purpose is to protect us from ineffective treatments, but the real purpose is to control costs. In effect, the politicians will turn the entire country into a giant HMO. Do you want your health care needs being dictated by the same Keystone Gang who passed . . .

* The misguided lead regulation?
* And the self-defeating fossil fuels bill?

Well, here’s where all the threads tie together to create a net that will eventually strangle you. Twenty two states have refused to comply with the first step in this disaster scenario, the REAL ID Act. But how long do you think they’ll hold out now that . . .

Read More »