First Quote Added
April 10, 2026
Latest Quote Added
"Liberty once again must become more important to us than the desire for security and material comfort. Personal safety and economic prosperity can only come as the consequence of liberty. They cannot be provided by an authoritarian government... The foundation for a police state has been put in place, and it's urgent we mobilize resistance before it's too late... Central planning is intellectually bankrupt – and it has bankrupted our country and undermined our moral principles. Respect for individual liberty and dignity is the only answer to government force, force that serves the politically and economically powerful. Our planners and rulers are not geniuses, but rather demagogues and would-be dictators -- always performing their tasks with a cover of humanitarian rhetoric... The collapse of the Soviet system came swiftly and dramatically, without a bloody conflict... It came as no surprise, however, to the devotees of freedom who have understood for decades that socialism was doomed to fail... And so too will the welfare/warfare state fail... A free society is based on the key principle that the government, the president, the Congress, the courts, and the bureaucrats are incapable of knowing what is best for each and every one of us... A government as a referee is proper, but a government that uses arbitrary force to direct every aspect of society threatens freedom... The time has come for a modern approach to achieving those values that all civilized societies seek. Only in a free society do individuals have the best chance to seek virtue, strive for excellence, improve their economic well-being, and achieve personal happiness... The worthy goals of civilization can only be achieved by freedom loving individuals. When government uses force, liberty is sacrificed and the goals are lost. It is freedom that is the source of all creative energy. If I am to be your president, these are the goals I would seek. I reject the notion that we need a president to run our lives, plan the economy, or police the world... It is much more important to protect individual liberty and privacy than to make government even more secretive and powerful."
"How can I run for office and say I want to be a weak president? We need a strong president, strong enough to resist the temptation of taking power the President shouldn’t have."
"Racism is simply an ugly form of collectivism, the mindset that views humans strictly as members of groups rather than individuals. Racists believe that all individuals who share superficial physical characteristics are alike: as collectivists, racists think only in terms of groups."
"The true antidote to racism is liberty. Liberty means having a limited, constitutional government devoted to the protection of individual rights rather than group claims. Liberty means free-market capitalism, which rewards individual achievement and competence, not skin color, gender, or ethnicity."
"Freedom is not defined by safety. Freedom is defined by the ability of citizens to live without government interference. Government cannot create a world without risks, nor would we really wish to live in such a fictional place. Only a totalitarian society would even claim absolute safety as a worthy ideal, because it would require total state control over its citizens’ lives. Liberty has meaning only if we still believe in it when terrible things happen and a false government security blanket beckons."
"Because federal hate crime laws criminalize thoughts, they are incompatible with a free society."
"The original American patriots were those individuals brave enough to resist with force the oppressive power of King George. I accept the definition of patriotism as that effort to resist oppressive state power. The true patriot is motivated by a sense of responsibility, and out of self interest -- for himself, his family, and the future of his country -- to resist government abuse of power. He rejects the notion that patriotism means obedience to the state. [...] Resistance to illegal and unconstitutional usurpation of our rights is required. Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing. Let not those who love the power of the welfare/warfare state label the dissenters of authoritarianism as unpatriotic or uncaring. Patriotism is more closely linked to dissent than it is to conformity and a blind desire for safety and security. Understanding the magnificent rewards of a free society makes us unbashful in its promotion, fully realizing that maximum wealth is created and the greatest chance for peace comes from a society respectful of individual liberty."
"What is seldom discussed in the immigration debate, unfortunately, is the incentives the US government provides for people to enter the United States illegally. As we know well, when the government subsidizes something we get more of it. The government provides a myriad of federal welfare benefits to those who come to the US illegally, including food stamps and free medical care. Is this a way to discourage people from coming to the US illegally? [...] Immigration reform should start with improving our border protection, yet it was reported last week that the federal government has approved the recruitment of 120 of our best trained Border Patrol agents to go to Iraq to train Iraqis how to better defend their borders! This comes at a time when the National Guard troops participating in Operation Jump Start are being removed from border protection duties in Arizona, New Mexico, and Texas and preparing to deploy to Iraq and Afghanistan! It is an outrage and it will result in our borders being more vulnerable to illegal entry, including by terrorists."
"A nation without secure borders is no nation at all. It makes no sense to fight terrorists abroad when our own front door is left unlocked."
"We quadrupled the TSA, you know, and hired more people who look more suspicious to me than most Americans who are getting checked. Most of them, they just don't look very American to me. If I'd have been looking, they look suspicious.… I mean, a lot of them can't even speak English, hardly. Not that I'm accusing them of anything, but it's sort of ironic."
"Well, at first I thought it was a very inappropriate question, you know, for the presidency to be decided on a scientific matter. And uh, I um, I think it's a theory — the theory of evolution. And I don't accept it, you know, as a theory. But it really doesn't bother me, it's not the most important issue for me, to make the difference in my life, to understand the exact origin. I think the creator that I know, uh, you know created us, every one of us and created the universe, and the precise time and manner and uh, you know, I just don't think we're at the point where anybody has absolute proof on either side."
"Truth is treason in the empire of lies."
"Let me see if I get this right. We need to borrow $10 billion from China, and then we give it to Musharraf, who is a military dictator, who overthrew an elected government. And then we go to war, we lose all these lives promoting democracy in Iraq. I mean, what's going on here?"
"We've lost the south, that was one of the biggest fallacies. We went in there and we served the interests of one of our enemies over there, the Iranians. We propped up the Shiites, we overthrew the Sunnis, and the British didn't hold, they left. So there's more peace and less killing in southern Iraq, because all of a sudden we've allowed local control to develop more naturally. Warlords and local people are in charge, and they're more allied with Iran. But this is not a catastrophe, that's why we should deal with the Iranians in a more respectful way: if they had more control of the oil they'd want to sell, what they're gonna do with it, drink it? That's why the balance of power and the idea of self-determination should be worked out by them, not by us. As long as we do it, there'd be resentment and that is the source of the hatred towards us."
"What is moral about demanding even more needless sacrifice of American lives merely to save face with the mistake of invading and occupying Iraq? Doesn't it seem awfully strange that the Iraqi government we support is an ally of the Iranians who are our declared enemies? Are we not now supporting the Iranians by propping up their allies in Iraq? If Maliki is our ally, and he has diplomatic relations with Ahmadinejad, why can't we? … Why should we not expect many of the 80,000 Sunnis we have recently armed to someday turn their weapons against us, since they, as well as the Mahdi Army, detest any and all foreign occupation? … Since no one can define winning the war, just who do we expect to surrender?"
"The do-good liberal who said we have to take care of everybody -- and they are well intentioned -- the more debt they run up to give to the poor, the poorer the people get because they cannot keep up."
"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."
"You can't save free markets by socialism, I don't know where this idea ever came from. You save free markets by promoting free markets and sound money and balanced budgets. The whole reason why nobody wants to address the real problem is, we're spending a trillion dollars a year overseas running an empire, and it's coming to an end. This country is bankrupt, and we won't admit it. Eventually though, the dollar will go bust, and we will bring our troops home, and we will live within our means, but we ought to do it sensibly, rather than waiting for the collapse of the dollar, and this is what we're doing, we're on the verge of destroying our dollar. And then, you think we have problems now, problems then will be a lot worse, it'd look like the Weimar Republic, or a third world nation. And a lot of people know that, and they're scared to death, but we don't need to be making the problem worse by just propping up everything with more government programs, more inflation, and more helicopters, it won't work."
"With the election behind us, our country turns hopeful eyes to the future. I have a few hopes of my own. I congratulate our first African-American president-elect. Martin Luther King, Jr. certainly would be proud to see this day. We are stronger for embracing diversity, and I am hopeful that we can continue working through the tensions and wrongs of the past and become a more just and colorblind society. I hope this new administration will help bring us together, and not further divide us. I have always found that freedom is the best way to break down barriers. A free society emphasizes the importance of individuals, and not because they are part of a certain group. That's the only way equal justice can be achieved."
"Although it is obvious that the Keynesians were all wrong and interventionism and central economic planning don’t work, whom are we listening to for advice on getting us out of this mess? Unfortunately, it’s the Keynesians, the socialists, and big-government proponents. Who’s being ignored? The Austrian free-market economists — the very ones who predicted not only the Great Depression, but the calamity we’re dealing with today. If the crisis was predictable and is explainable, why did no one listen? It’s because too many politicians believed that a free lunch was possible and a new economic paradigm had arrived. But we’ve heard that one before — like the philosopher’s stone that could turn lead into gold. Prosperity without work is a dream of the ages."
"I am convinced that there are more threats to American liberty within the 10 mile radius of my office on Capitol Hill than there are on the rest of the globe."
"Our presence will serve as an incentive for al Qaeda to grow in numbers and motivate more suicide bombers. An indefinite presence, whether in Iraq, Afghanistan, or Pakistan, will continue to drain our financial resources, undermine our national defense, demoralize our military and exacerbate our financial crisis. All this will be welcomed by Osama Bin Laden, just as he planned it. It's actually more than he had hoped for. [...] The war in Afghanistan and Pakistan will be much bigger, unless the dollar follows the path of the dollar-based world financial system and collapses into runaway inflation. In this case, the laws of economics and the realities of history will prove superior to the madness of maintaining a world empire financed by scraps of paper. Our military prowess, backed by a nuclear arsenal, will not suffice in overcoming the tragedy of a currency crisis. Soviet nukes did not preserve its empire or the communist economy."
"Imagine [...] that thousands of armed foreign troops were constantly patrolling American streets in military vehicles. Imagine they were here under the auspices of "keeping us safe" or "promoting democracy" or "protecting their strategic interests." Imagine that they operated outside of US law, and that the Constitution did not apply to them. Imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent Americans, including women and children, most of the time with little to no repercussions or consequences. Imagine that they set up checkpoints on our soil and routinely searched and ransacked entire neighborhoods of homes. Imagine if Americans were fearful of these foreign troops, and overwhelmingly thought America would be better off without their presence. Imagine if some Americans were so angry about them being in Texas that they actually joined together to fight them off, in defense of our soil and sovereignty, because leadership in government refused or were unable to do so. Imagine that those Americans were labeled terrorists or insurgents for their defensive actions, and routinely killed, or captured and tortured by the foreign troops on our land. Imagine that the occupiers' attitude was that if they just killed enough Americans, the resistance would stop, but instead, for every American killed, ten more would take up arms against them, resulting in perpetual bloodshed. [...] The reality is that our military presence on foreign soil is as offensive to the people that live there as armed Chinese troops would be if they were stationed in Texas."
"The title to my special order tonight is 'Current Conditions or Just a Bad Dream'. Could it all be a bad dream or a nightmare? Is it my imagination or have we lost our minds? It's surreal, it's just not believable. A grand absurdity, a great deception, a delusion of momentous proportions based on preposterous notions and on ideas whose time should never have come. Simplicity, grossly distorted and complicated. Insanity, passed off as logic. Grandiose schemes built on falsehoods with the morality of Ponzi and Madoff. Evil described as virtue. Ignorance pawned off as wisdom. Destruction and impoverishment in the name of humanitarianism. Violence, the tool of change. Preventive wars used as a road to peace. Tolerance delivered by government guns. Reactionary views in the guise of progress. An empire replacing the republic. Slavery sold as liberty. Excellence and virtue traded for mediocrity. Socialism to save capitalism. A government out of control, unrestrained by the constitution, the rule of law or morality. Bickering over petty politics as we descend into chaos. The philosophy that destroys us is not even defined. We have broken from reality a psychotic nation. Ignorance with a pretense of knowledge replacing wisdom. Money does not grow on trees, nor does prosperity come from a government printing press or escalating deficits. We are now in the midst of unlimited spending of the people's money. Exorbitant taxation, deficits of trillions of dollars spent on a failed welfare-warfare system. An epidemic of cronyism. Unlimited supplies of paper money equated with wealth. A central bank that deliberately destroys the value of the currency in secrecy, without restraint, without nary a whimper, yet cheered on by the pseudo-capitalists of Wall Street, the military-industrial complex, and Detroit. We police our world empire with troops on 700 bases and in 130 countries around the world. A dangerous war now spreads throughout the Middle East and Central Asia. Thousands of innocent people being killed as we become known as the torturers of the 21st century. We assume that by keeping the already known torture pictures from the public's eye, we will be remembered only as a generous and good people. If our enemies want to attack us only because we are free and rich, proof of torture would be irrelevant. The sad part of all this is that we have forgotten what made America great, good and prosperous. We need to quickly refresh our memories and once again reinvigorate our love, understanding, and confidence in liberty. The status quo cannot be maintained considering the current conditions. Violence and lost liberty will result without some revolutionary thinking. We must escape from the madness of crowds now gathering. The good news is that reversal is achievable through peaceful and intellectual means, and fortunately the number of those who care are growing exponentially. Of course it could all be a bad dream, a nightmare, and that I'm seriously mistaken, overreacting, and that my worries are unfounded. I hope so. But just in case, we ought to prepare ourselves for revolutionary changes in the not-too-distant future. I yield back the balance of my time."
"From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts."
"This is the big one."
"The constant refrain that bringing our troops home would demonstrate a lack of support for them must be one of the most amazing distortions ever foisted on the American public."
"The ultimate goal of the anti-religious elites is to transform America into a completely secular nation, a nation that is legally and culturally biased against Christianity."
"The tired assertion that America "supports democracy" in the Middle East is increasingly transparent. It was false 50 years ago, when we supported and funded the hated Shah of Iran to prevent nationalization of Iranian oil, and it’s false today when we back an unelected military dictator in Pakistan - just to name two examples. If honest democratic elections were held throughout the Middle East tomorrow, many countries would elect religious fundamentalist leaders hostile to the United States. Cliché or not, the Arab Street really doesn’t like America, so we should stop the charade about democracy and start pursuing a coherent foreign policy that serves America’s long-term interests."
"Special interests and the demented philosophy of conquest have driven most wars throughout history. Rarely has the cause of liberty, as it was in our own revolution, been the driving force. In recent decades our policies have been driven by neo-conservative empire radicalism, profiteering in the military industrial complex, misplaced do-good internationalism, mercantilistic notions regarding the need to control natural resources, and blind loyalty to various governments in the Middle East."
"Values in a free society are accepted voluntarily, not through coercion, and certainly not by law... every time we write a law to control private behavior, we imply that somebody has to arrive with a gun, because if you desecrate the flag, you have to punish that person. So how do you do that? You send an agent of the government, perhaps an employee of the Bureau of Alcohol, Tobacco and Flags, to arrest him. This is in many ways patriotism with a gun – if your actions do not fit the official definition of a "patriot," we will send somebody to arrest you."
"...a few years back, in the 1980s, in our efforts to bring peace and democracy to the world we assisted the freedom fighters of Afghanistan, and in our infinite wisdom we gave money, technology and training to Bin Laden, and now, this very year, we have declared that Bin Laden was responsible for the bombing in Africa. So what is our response, because we allow our President to pursue war too easily? What was the President's response? Some even say that it might have been for other reasons than for national security reasons. So he goes off and bombs Afghanistan, and he goes off and bombs Sudan, and now the record shows that very likely the pharmaceutical plant in Sudan was precisely that, a pharmaceutical plant... As my colleagues know, at the end of this bill I think we get a hint as to why we do not go to Rwanda for humanitarian reasons... I think it has something to do with money, and I think it has something to do with oil... they are asking to set up and check into the funds that Saddam Hussein owes to the west. Who is owed? They do not owe me any money. But I will bet my colleagues there is a lot of banks in New York who are owed a lot of money, and this is one of the goals... Dana Rohrabacher: This resolution is exactly the right formula... Support democracy. Oppose tyranny. Oppose aggression and repression... We should strengthen the victims so they can defend themselves. These things are totally consistent with America's philosophy, and it is a pragmatic approach as well... Our support for the Mujahedin collapsed the Soviet Union. Yes, there was a price to pay, because after the Soviet Union collapsed, we walked away, and we did not support those elements in the Mujahedin who were somewhat in favor of the freedom and western values. With those people who oppose this effort of pro democracy foreign policy, a pro freedom foreign policy rather than isolation foreign policy, they would have had us stay out of that war in Afghanistan. They would never have had us confronting Soviet aggression in different parts of the world... Mr. Speaker, the gentleman does not think it is proper for us to offer those people who are struggling for freedoms in Iraq against their dictatorship a helping hand? Ron Paul: Mr. Speaker, reclaiming my time, I think it would be absolutely proper to do that, as long as it came out of the gentleman's wallet and we did not extract it from somebody in this country, a taxpayer at the point of a gun and say, look, bin Laden is a great guy. I want more of your money. That is what we did in the 1980s. That is what the Congress did. They went to the taxpayers, they put a gun to their head, and said, you pay up, because we think bin Laden is a freedom fighter. Dana Rohrabacher: Well, if the gentleman will further yield, it was just not handled correctly. Ron Paul: Mr. Speaker, again reclaiming my time, the policy is flawed. The policy is flawed."
"The most important element of a free society, where individual rights are held in the highest esteem, is the rejection of the initiation of violence. All initiation of force is a violation of someone else's rights, whether initiated by an individual or the state, for the benefit of an individual or group of individuals, even if it's supposed to be for the benefit of another individual or group of individuals. Legitimate use of violence can only be that which is required in self-defense."
"Neil Cavuto: ...your campaign has received a $500 campaign donation from a white supremacist in West Palm Beach. And your campaign had indicated you have no intention to return it. What are you going to do with that? Ron Paul: It is probably already spent. Why give it back to him and use it for bad purposes? Neil Cavuto: ...this Don Black who made the donation, and who ran a site called "Stormfront, White Pride Worldwide," now that you know it, now that you're familiar after the fact, you still would not return it? Ron Paul: Well, if I spent his money and I took the money that maybe you might have sent to me and donate it back to him, that does not make any sense to me. Why should I give him money to promote his cause? Neil Cavuto: ...Hillary Clinton has had to do this, a number of other candidates have had to do this. Do you think that just is a bad practice? Ron Paul: I think it is pandering. I think it is playing the political correctness... What about the people who get donations, want to get special interests from the military industrial complex? They put in — they raise, bundle their money, and send millions of dollars in there. And they want to rob the taxpayers. That is the real evil … that buys influence in government. And this is, to me, the corruption that should be corrected... you are missing the whole boat — the whole boat, because it is the immorality of government, it's the special interests in government, it's fighting illegal wars... Neil Cavuto: All right. Ron Paul: ...and financing, and taxing the people, destroying the people through inflation, and undermining this prosperity of the country."
"Question: You wanna gut that safety net... Ron Paul: But the safety net doesn't work. Question: Tell me why it doesn't work. Ron Paul: It does work for some people, but overall it ultimately fails, because you spend more money than you have, and then you borrow to the hilt. Now we have to borrow $800 billion a year just to keep the safety net going. It's going to collapse when the dollar collapses, you can't even fight the war without this borrowing. And when the dollar collapses, you can't take care of the elderly of today. They're losing ground. Their cost of living is going up about 10%, even though the government denies it, we give them a 2% cost of living increase. Question: So do you think the gold standard would fix that? Ron Paul: The gold standard would keep you from printing money and destroying the middle class. Every country where you have runaway inflation, there's no middle class. Mexico, there's no middle class, you have a huge poor class, and a lot of wealthy people. Today we have a growing poor class, and we have more billionaires than ever before. So we're moving into third world status... Question: Who is the safety net that you're speaking of, who does benefit from all those programs and all those agencies? Ron Paul: Everybody on a short term benefits for a time. If you build a tenement house by the government, for about 15 or 20 years somebody might live there, but you don't measure who paid for it: somebody lost their job down the road, somebody had inflation, somebody else suffered. But then the tenement house falls down after about 20 years because it's not privately owned, so everybody eventually suffers. But the immediate victims aren't identifiable, because you don't know who lost the job, and who had the inflation, the victims are invisible. The few people who benefit, who get some help from government, everyone sees, "oh! look what we did!", but they never say instead of what, what did we lose. And unless you ask that question, we'll go into bankruptcy, we're in the early stages of it, the dollar is going down, our standard of living is going down, and we're hurting the very people that so many people wanna help, especially the liberals..."
"It is said we go about the world waging war to promote peace, and yet the price paid is rarely weighed against the failed efforts to make the world a better place. Justifying conscription to promote the cause of liberty is one of the most bizarre notions ever conceived by man! Forced servitude, with the risk of death and serious injury as a price to live free, makes no sense. What right does anyone have to sacrifice the lives of others for some cause of questionable value? Even if well motivated it can’t justify using force on uninterested persons. It’s said that the 18 year old owes it to his country. Hogwash! It just as easily could be argued that a 50 year-old chickenhawk, who promotes war and places the danger on innocent young people, owes a heck of a lot more to the country than the 18 year-old being denied his liberty for a cause that has no justification."
"Howard Fineman: The people who don't pay their taxes on principle are heroic people, in the manner of Gandhi and Martin Luther King? Ron Paul: I think if they're defending the constitution and they know what they're doing, and this money is supporting some real evil in the world. Preemptive war? That's pretty evil as far as I'm concerned. And so much waste in a system of government that has just overrun our liberties? Yes, I think that in many ways it's heroic for people willing to risk their freedom in order to defend what they believe is freedom."
"Ron Paul: ...you have to develop the transition, and eventually the next step would be to prohibit the Fed from monetizing debt. This is the real evil. The politicians spend for war, welfare, and they don't have to do it responsibly. Question: When you say monetize the debt, you mean they would only be able to spend the cash that they had on hand. They couldn't write any cheques for which they don't have in their account any money? Ron Paul: That's right. And that is the key to it. Because when the Fed comes along, and there's starvation for capital and liquidity, and politicians are spending too much, the Fed can create 20, 30, 50 billion dollars in a day, just like they did trying to bail out this housing bubble crash. So they create money out of thin air endlessly, eventually that has to stop because that drives the value of the dollar down."
"War is never economically beneficial except for those in position to profit from war expenditures."
"In the emotion of the moment, people often say and do reckless things. For the individual, that can have deep ramifications. But when it is a single individual acting unreasonably in the throes of emotion in the face of sorrow, then the consequences are borne by only that person and his family. But when the government behaves recklessly in response to a tragedy, the consequences can be felt by everyone. This is especially true when politicians get in on the act. We can think back no further than July of 1996, when a plane carrying several hundred people suddenly and mysteriously crashed off the coast of Long Island. Within days, Congress had passed emergency legislation calling for costly new security measures, including a controversial “screening” method which calls for airlines to arbitrarily detain passengers just because the person meets certain criteria which border on racist and xenophobic."
"Ron Paul: What's happening is, there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out. So the people who get to use the money first which is created by the Federal Reserve system benefit. So the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before. Today, this country is in the middle of a recession for a lot of people... As long as we live beyond our means we are destined to live beneath our means. And we have lived beyond our means because we are financing a foreign policy that is so extravagant and beyond what we can control, as well as the spending here at home. And we're depending on the creation of money out of thin air, which is nothing more than debasement of the currency. It's counterfeit... So, if you want a healthy economy, you have to study monetary theory and figure out why it is that we're suffering. And everybody doesn't suffer equally, or this wouldn't be so bad. It's always the poor people -- those who are on retired incomes -- that suffer the most. But the politicians and those who get to use the money first, like the military industrial complex, they make a lot of money and they benefit from it. John McCain: Everybody is paying taxes and wealth creates wealth. And the fact is that I would commend to your reading, Ron, "Wealth of Nations," because that's what this is all about. A vibrant economy creates wealth. People pay taxes. Revenues are at an all time high."
"Welfarism and excessive spending and deficits and socialism divide us, because everybody has to go to Washington. Those who have the biggest clout, whose who are the best lobbyists, those who go and they grab. And whether it's the medical industrial complex, or the banking industry, or the military industrial complex, that's who ends up controlling our government... For so long, conservatives and constitutionalists have lost the argument, they lost the moral highground. Because those who want to give things away, not talking about where they steal it from, but they want to give things and take care of people, they get the moral highground and they come by as being compassionate. And we who believe in liberty, we lack compassion. But the truth is, there's only one compassionate system known to man, and that is freedom and personal responsibility, then there's enough wealth, and then we will all have personal responsibility to use this compassion that we have, first to take care of our families and friends and neighbors, and there would be so much wealth that we could spread this wealth around the world."
"Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans. Despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policy of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing."
"The theory of the IRS is rather repugnant to me because the assumption is made that I, the government, owns 100% of your income and I permit you to keep 5%, 10% or 20%. You're vulnerable, you've sold out. The government can take 80% if they want, which they did at one time."
"The non-institutional elements of Bretton Woods, such as the gold-backed dollar standard, have gone by the wayside, but the World Bank and the IMF soldier on... Western governments tax their citizens to fund the World Bank, lend this money to corrupt Third World dictators who abscond with the funds, and then demand repayment which is extracted through taxation from poor Third World citizens, rather than from the government officials responsible for the embezzlement. It is in essence a global transfer of wealth from the poor to the rich. Taxpayers around the world are forced to subsidize the lavish lifestyles of Third World dictators and highly-paid World Bank bureaucrats who don't even pay income tax."
"A paper monetary standard means there are no restraints on the printing press or on federal deficits. In 1971, M3 was $776 billion; today it stands at $8.9 trillion, an 1100% increase. Our national debt in 1971 was $408 billion; today it stands at $6.8 trillion, a 1600% increase. Since that time, our dollar has lost almost 80% of its purchasing power. Common sense tells us that this process is not sustainable and something has to give. So far, no one in Washington seems interested."
"Because most minority-owned construction firms are small companies, Davis-Bacon keeps minority-owned firms from competing for Federal construction contracts. The resulting disparities in employment create a demand for affirmative action, another ill-suited and ill-advised Big Government program. The racist effects of Davis-Bacon are no mere coincidence. In fact, many original supporters of Davis-Bacon, such as Representative Clayton Allgood, bragged about supporting Davis-Bacon as a means of keeping cheap colored labor out of the construction industry."
"You can't have a government like this without an income tax, but we don't want a government like this. This is not the type of government that was designed by the founders of the country. This is not what was written in the Constitution. We've only had an income tax since 1913. But if you want a welfare state, and if you want to police the world and pay for the defense of Japan and Germany, give foreign aid to the Soviet Union. You not only need the income tax you need the Federal Reserve to print up the money when the deficit is accumulated. So we think that government should be smaller. If government is small, then you don't need the income tax."
"For those of us who value liberty, these past two years have been a bad dream. It seems like we fell asleep in early 2020 and woke up in 1984! They said that if we just put on a mask and stayed home for two weeks, we’d be able to return to normal. The two weeks came and went and instead of going back to normal they added more restrictions. These past two years have been a story of moving goalposts and “experts” like Anthony Fauci constantly contradicting themselves. Early on, in April 2020, I warned in an article titled “Next in Coronavirus Tyranny: Forced Vaccinations and ‘Digital Certificates,’” that the ultimate goal of the “two weeks” crowd was to force vaccines and a “vaccine passport” on Americans. My concerns were at the time written off as just another conspiracy theory. But less than a year later that “conspiracy theory” became conspiracy fact. I am not happy about being right on this. The introduction of vaccine passports was from the beginning my worst nightmare. The idea that you must “show your papers” to participate in society is a concept that is totally opposed to a free society. It is inhuman."
"Neil Cavuto: Yeah but, you can't, Congressman, we've got a pretty good economy going here, right? We've got productivity soaring. We've got retail sales that are strong. We've got corporate earnings that for, what, the 19th quarter, are up double digit? We've got a market chasing highs, I mean, this isn't happening in a vacuum, right? Ron Paul: Yeah, that's nice, but when you have to borrow, you know... My personal finances would be very good if I borrowed a million dollars every month. But, someday, the bills will become due. And the bills will come due in this country, and then we'll have to pay for it. We can't afford this war, and we can't afford the entitlement system. Neil Cavuto: Look, Congressman, did you say this 10 years ago, when the numbers were similarly strong... Ron Paul: Go back and check. Neil Cavuto: ...and we were still borrowing a good deal then. Ron Paul: That's right, that means the dollar bubble is much bigger than ever. Neil Cavuto: So what's gonna happen? Ron Paul: We've had the NASDAQ bubble collapse already. We have the housing bubble in the middle of a collapse, so the dollar bubble will collapse as well. We have to live within our means. You can't print money out of the blue, and think you can print your money into prosperity."