By: Ron Paul This month marks the seventh anniversary of the bursting of the housing bubble and the subsequent economic meltdown. The mood in Congress following the meltdown resembled the panicked atmosphere that followed the September 11th attacks. As was the case after September 11th, Congress rushed to pass hastily written legislation that, instead of dealing […]
By: Ron Paul Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose “solutions” to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions. Many blamed the […]
By: Ron Paul If you look at the track record of the interventionists you might think they would pause before taking on more projects. Each of their past projects has ended in disaster yet still they press on. Last week the website Zero Hedge posted a report about hacked emails between billionaire George Soros and […]
By: Ron Paul This week I found myself in rare agreement with Janet Yellen when she admitted that her economic predictions are likely to be wrong. Sadly, Yellen did not follow up her admission by handing in her resignation and joining efforts to end the Fed. An honest examination of the Federal Reserve’s record over […]
By: Ron Paul One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. Eliminating the welfare-warfare state would benefit middle-class Americans by freeing them from exorbitant federal taxes, including the Federal Reserve’s inflation […]
By: Michael Clayton Last Monday I attended a speech at the Catholic University of America by Mr. Jerome Powell titled: “The Federal Reserve and the Financial Crisis”. Mr. Powell should know this subject well, as he works for the Fed, serving on the Board of Governors. However, this speech did not examine the recent financial […]
Thanks to Ron Paul’s leadership and their own studies, young men and women across the country are light years ahead of the average American when it comes to understanding the dangers of central banking. We designed the Ron Paul Scholarships to award these type of young people with tuition assistance and encourage them to pursue […]
By: Ron Paul Over the last 100 years the Fed has had many mandates and policy changes in its pursuit of becoming the chief central economic planner for the United States. Not only has it pursued this utopian dream of planning the US economy and financing every boondoggle conceivable in the welfare/warfare state, it has […]
By: Ron Paul Since the creation of the Federal Reserve in 1913, the dollar has lost over 97 percent of its purchasing power, the US economy has been subjected to a series of painful Federal Reserve-created recessions and depressions, and government has grown to dangerous levels thanks to the Fed’s policy of monetizing the debt. […]
By: Norm Singleton Federal Reserve Chair Janet Yellen recently caused a stir when she gave a speech bemoaning the rise of income inequality. Yellen called for government to address this problem through government policies designed to improve education and encourage entrepreneurship and small business ownership. Sadly, but not surprisingly, Yellen’s idea of improving education and encouraging […]
