Earlier we posted a perfect example of media bias from MSNBC. Now it’s time to give credit to USA Today/Gannett and Chuck Raasch who, ironically in an opinion piece, shows zero bias in reporting that Ron Paul is still a player in national politics. Most of the article are simply assorted quotes from Ron Paul himself that demonstrate his views, unlike most politicians, remain the same no matter how the political landscape morphs around us.
WASHINGTON — A year after he became a surprise of the Republican presidential field, Ron Paul is still on message.
“It is surreal that in a free country we are talking only about HOW government should fix health care, rather than WHY government should fix health care,” Paul, a Texas congressman and medical doctor, wrote in a recent Internet posting. “This should be between doctors and patients.”
Running for president in 2008, Paul raised more than $33 million and built a robust Internet following. It didn’t always translate into votes and never produced a primary victory, but it did help the libertarian build a platform for his free-market philosophy. And he’s using it to sing a decidedly different song from Democratic and Republican choruses in Washington.
- On the “Cash for Clunkers” program that gives government aid for people trading in old gas guzzlers, which will then be destroyed: a bad idea because it destroys a vital market for the poor.
“A new driver or new worker needs a cheap car,” Paul said.
Editor’s Note: Below you will find an article with information about VA home loans. Ron Paul never wavers in his support of America’s veterans. Whether it be legislating tax breaks or fighting for veterans to receive their deserved medals Paul has always been at the forefront of ensuring those that sacrificed for this country receive the recognition they deserve. In light of that we thought helping spread more detailed information about the VA loan program would be something many of our readers would be interested in.
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America’s veterans have dedicated their lives to preserving liberty and ensuring the safety and prosperity of generations. To help give back to those who have served, the Veterans Administration administers one of the best home loan programs on the market.
VA loans provide veterans with a unique degree of flexibility and financial breathing room. The Veterans Administration does not actually issue the loans. Instead, the government guarantees loans issued by outside lenders, a layer of protection that often provides veterans and their families with preferable loans terms and rates.
Veterans can purchase a home without spending a dollar on a down payment or on private mortgage insurance. Some eligible borrowers can obtain a VA loan to cover 100 percent of their home value. Closing costs are capped and can be folded into the cost of the loan as a whole.
Perhaps the headline above should read MSNBC turns blacks and whites against each other. In the clip below MSNBC reports on the gun carrying “racists” at Obama’s town hall meetings. The footage they show of the man carrying the rifle does not reveal the man’s face nor skin color. The man is black.
The reason they choose these camera angles becomes obvious as the report unfolds. Revealing the man’s race would not fit their version of the story. They’d look idiotic if they talked about all these “white people” carrying guns at Obama events if the one they showed was actually black. As it turns out they look not only idiotic but extremely biased.
By the way, what former Presidential assassin goes by the name “Mark” Hinckley? At least that comment appears accidental.
The first 12 hours of Rand Paul’s money bomb are in the record books and so far it looks good for the limited government political outsider from Kentucky. His campaign war chest has amassed more than $183,000 in the first half of the grass roots initiated money bomb. Like the site RonPaulGraphs did during his father’s money bombs the site RandPaulGraphs is tracking the accumulating dollars.
Here is a screenshot at the halfway point:
This amount now gives him over $425k (and counting). Rand Paul also took some time this morning to publish a video thanking supporters for the money bomb and discussing the poll released this week showing him within striking distance of the establishment candidate Trey Grayson.
I’d call raising any amount over 250k in a single day a huge success in this economy. So far it looks like that amount will be exceeded. If you believe in liberty and limited government please donate. Rand has a great chance of becoming another voice for freedom on Capitol Hill. We simply can’t afford to NOT have him there fighting for us.
Yesterday Judge Napolitano was the guest host on the Glenn Beck show. In the final two segments of the show he used his time to investigate Congress’ Congressional enumerated powers with his two guests.
This is Judge Napolitano in his element and it is a beautiful thing. Every single American should watch these segments and heed the call to action the panelists suggest.
When the government fails to obey the rule of law within the Constitution it is up to the people to replace those oath-breakers with oath-keepers.
When I resigned my engineering position in China to return home to run for U.S. Congress, readers of my column “Yet Another Champion of the Constitution” are well aware of my outrage with “dark” OTC derivatives as explained in “Bring Light to Dark Derivatives” and “What the Heck are Derivatives.” I remain highly concerned about our monetary and financial systems, as I noted recently in “The FDIC is Bankrupt” and “Yes, Virginia, There Are No Reserve Requirements.” Last week I attended the Republican incumbent’s town hall in Kempton and politely handed him yet more unanswered open letters I had sent his office and published online, and inquired yet again if my Representative wanted to discuss the Federal Reserve and monetary policy with me. Congressman Dent is making it plainly obvious to me that he does not care to discuss this subject, hence I am now fairly positive he does not care much about his constituents beyond lip service and “politics as usual.” If he truly cared, perhaps he would not have voted to send over $50 billion dollars overseas in foreign military aid to countries like Israel, Egypt, Jordan, Colombia, Guatemala, Haiti, the Phillippines, Belize, Costa Rica, El Salvador, Honduras, Nicaragua, Indonesia, Panama, Angola, Cameroon, Central African Republic, Chad, Cote D’Ivoire, Guinea and Zimbabwe and economic aid to many others.
While I was abroad, the derivatives crisis struck home in the city where I was born, Bethlehem. This city’s school district invested over $400 million in notional value in interest rate swaps and many other derivative contracts with the likes of JP Morgan Chase and Morgan Stanley over the past several years. The transaction fees alone to-date have cost over $25 million. A local paper, The Morning Call, has done a commendable job of investigating and publishing a series of articles and this summary table.
by John Browne – Senior Market Strategist, Euro Pacific Capital
Despite growing concerns about the growth in Federal spending, voiced this week by none other than Warren Buffett, Washington seems determined to keep its foot on the money pumping accelerator for as long as it can. But even though Washington continues to ignore the realities, alarm bells are beginning to ring at town halls across the country.
Last week the Fed left its key short-term rates frozen at 0 to 0.25 percent, enabling banks to borrow at near zero and reap spreads as high as 6 to 24 percent. The Fed also continued its policy of paying interest on banks’ reserves, further boosting Wall Street’s bottom line. The government has decided to save the banks, no matter how much the public has to suffer.
Worse still, the Administration has been largely silent over the obscene bonuses paid by banks to the very executives whose ‘casino’ mentality caused a financial crisis that the IMF now estimates has cost the world some $7 trillion. At financial firms that have received bailout money, it has been estimated that thus far in 2009 bonuses paid to executives have exceeded profits.
However, with the pedal still hitting the metal, the Fed has begun to discuss plans of a so called “exit strategy” that would pave the way toward higher interest rates.
These statements of economic neutrality were based upon the Fed’s impression that the recession is ending. But the Fed has not yet taken any meaningful actions to curb its potentially inflationary policies.
For now mere words are enough to encourage American stock markets, but only briefly. More recently, U.S. equity investors gradually are facing up to the fact that, while stock prices rose recently by some 45 percent, earnings, although “ahead of estimates”, have fallen by almost 30 percent, despite savage cost cutting and deep inventory depletion. The more important top line revenues have fallen by about 15 percent and free cash flows are tumbling in response.
The public, who feel the vicious bite of ‘real’ 20 percent unemployment (rather than the official rate of 9.8 percent), are becoming increasing distrustful of big government and deeply resentful of its increasing grasp of their lives. The cracks are beginning to show.
“On a practical level, it makes no difference whether a new program adopts a “co-operative” model or any other. The government possesses so many tools for subsidizing its own program and increasing costs for private insurers, and has such a long history of subsidizing and protecting favored enterprises, that unfair advantages are inevitable.”
Co-op = public option = single-payer, tax-funded health care = health care decisions made by bureaucrats = no consumer choice or free market competition = declining health care.
We also want to repeat our warning . . .
It will take years for the public option/co-op to bring about a politically controlled single payer system, but it will happen, as surely as night follows day.
It’s also crucial to understand that . . .
* The small amount of consumer choice and free market competition that still exists in America is what drives improved health care not only for YOU, but for the whole world.
* The more socialist systems that exist elsewhere are fundamentally dependent on the INNOVATIONS created by the small remaining sliver of American free market health care.
American health care is the proverbial goose that lays the golden egg. Kill that goose and the whole world will suffer.
We must not be fooled by the politicians’ Trojan Horse surrender. We must only accept unconditional surrender. We must demand that . . .
* Every aspect of the Big Government health care bill be defeated
* Concrete steps must be taken to restore consumer choice and free market competition (including, but not limited to, an expansion of Health Savings Accounts and an end to government mandates that drive up the price of health insurance).
Last night Ron Paul appeared on Larry King to discuss health care reform in a long segment. He appears as part of a panel that includeds Dr. Sanjay Gupta and Dr. Paul Song.
Rand Paul was kind enough to participate in an email interview with us earlier this week. Tomorrow he celebrates his father’s birthday with a money bomb of his own. Organized by grass roots supporters and dubbed the “Run Rand Run” money bomb, it aims to raise $1 million for his Senate campaign.
Yesterday a new scientific poll was released showing that Rand Paul trails the establishment GOP candidate by only 11 percentage points. Rand showed up with 26% to Trey Grayson’s 37%. This is a very strong showing for an anti-establishment candidate challenging a career politician. There are still 9 months to go before the May 2010 GOP primary in Kentucky. This poll proves the viability of Paul. Grayson now has to prepare himself for a dogfight. A lot can happen in 9 months.
Here is our short interview with Rand Paul from earlier this week.
LM: Starting off with a bit of a personal question, what was it like growing up in the Ron Paul household? Was he as strict with his children as he is with following the Constitution?
Rand Paul: All the kids were into sports. My older brother was a nationally ranked swimmer and my younger brother played baseball in college. I swam for a non-scholarship program at Baylor. My earliest memories are of discussing politics with my father’s friends. I always gravitated to the adult conversation.
Liberty Maven
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