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Randam Ron Paulism

Question: …you believe the Fed shouldn’t exist… make the case.
Ron Paul: First reason is, it’s not authorized in the Constitution, it’s an illegal institution. The second reason, it’s an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we’d be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can’t have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be…
Question: How does the gold standard solves that?
Ron Paul: It maintains a stable currency and a stable value. If the Fed concentrated more on stable money rather than stable prices… They push up new money in stocks and in commodities and in houses, and then they have to come in to rescue the situation. They create the bubbles, then they come in and rescue it, and they do nothing more than try to do price fixing. Capitalism depends, and capital comes from savings, but there’s no savings in this country, so this is all artificial. It creates the misdirection and the malinvestment and all the excessive debt, and it always has to have a correction. Since the Fed has been in existence, the dollar has lost about 97% of its value. You’re supposed to encourage savings, but if something loses its value, why save dollars? There’s no encouragement whatsoever. […] Gold is 6000 years old, and it still maintains its purchasing power. Oil prices really are very stable in terms of Gold. […] Both conservatives and liberals want to enhance big government, and this is a seductive way to tax the middle class.”

  —Ron Paul
 CNBC debate with Faiz Shakir, March 20, 2008

Andrea Tantaros

Romney Needs to Channel More Conservatism

Fresh off of a huge GOP primary win in Florida, Mitt Romney is feeling good. But exit polls revealed one key shortcoming that has dogged Romney thus far: Conservative voters — a key constituency, and the base of the Republican Party — are still not feeling good about his candidacy. According to Politico, of those who said they wanted a “true conservative,” Newt Gingrich won with 45 percent, compared with 20 percent for Romney, who

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Conservatives Finally Find Anti-Romney Candidate in Santorum

Finally, after months of searching and ups and downs with flash-in-the-pan candidates, conservatives have found their alternative to former Massachusetts Gov. Mitt Romney in Rick Santorum. A surging Santorum only lost to Romney by a razor-thin eight votes at Tuesday night's Iowa caucus, giving him much needed momentum going into New Hampshire, and giving a right wing uninspired by Romney a new candidate to get behind. Santorum is in many ways the anti-Romney: born in

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2011 @ a Year for Headlines

Like every year, 2011 brought the good, the bad, and the downright ugly when it comes to memorable moments. From politics to sports, from media meltdowns to military acts of honor, the past twelve months have captivated us with the current events that defined them. Here are the biggest stories of the past year. The capture of Osama bin Laden — Despite the increased and seemingly incessant fighting between political parties this past year, there

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2011 — a Year for Headlines

Like every year, 2011 brought the good, the bad, and the downright ugly when it comes to memorable moments. From politics to sports, from media meltdowns to military acts of honor, the past twelve months have captivated us with the current events that defined them. Here are the biggest stories of the past year. The capture of Osama bin Laden — Despite the increased and seemingly incessant fighting between political parties this past year, there

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Gingrich Shaken, Not Stirred, by Debate Attacks

Last night’s Fox News Republican presidential debate was the last time the candidates will face off before the all important Jan. 3rd Iowa caucus, and the GOP hopefuls certainly acted like it. The seven men and women who graced the stage in Sioux City last night brought their best game faces and many who can’t brag about frontrunner status had their best performances yet. For surging Newt Gingrich, the evening was a mixed bag —

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Newt@s Time to Shine

Hope and change was the mantra used by Barack Obama in 2008. After two terms of international conflict and an economy that slowed and then plummeted, the timing was right for those messages. Now, after four more stagnant years, with America’s position on the world scene no better than when President George W. Bush left office, the timing is once again ripe for a “change” election. Except this time, it’s up to a Republican to

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Newt’s Time to Shine

Hope and change was the mantra used by Barack Obama in 2008. After two terms of international conflict and an economy that slowed and then plummeted, the timing was right for those messages. Now, after four more stagnant years, with America’s position on the world scene no better than when President George W. Bush left office, the timing is once again ripe for a “change” election. Except this time, it’s up to a Republican to

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It@s Government That@s Gotten Lazy, Not America

It is arguably the job of any U.S. president to be our cheerleader-in-chief. That’s why President Obama’s recent comments blasting the business community for being asleep at the switch have the rest of the country reeling. “We’ve been a little bit lazy over the last couple of decades. We’ve kind of taken for granted — ‘Well, people would want to come here’ — and we aren’t out there hungry, selling America and trying to attract

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