In one of the best interviews in recent memory, Ron Paul was interviewed for over 18 minutes today by Glenn Beck on his radio show. He was the lead-in interview for the show. Beck normally will always mention the caveat that he disagrees with Ron Paul on foreign policy. He didn’t do that this time. Instead he allowed Ron Paul to articulate many of his own views on the devaluation of the dollar, even agreeing with him on the topic.
Ron Paul was able to promote both the Campaign For Liberty and the Rally For The Republic. This, I believe is the first time he was able to do so to a main stream audience. Pay close attention at Ron Paul almost slipping up and saying what the Rally truly is, an alternative convention. Beck brought up the idea of the move towards the “Amero” currency first. Sometimes I feel that Glenn Beck is the main stream version of Alex Jones with the very large exception of foreign policy. Beck also asks Ron Paul if he will vote for McCain. Paul reiterates that he will not and then they delve into libertarianism and the “lesser of two evils” argument. Paul says voting for the lesser of two evils is “the dumbest thing”.
The final Presidential candidate we will be rating on the Paul-O-Meter is the Green Party’s nominee, Cynthia McKinney. For a description of the Paul-O-Meter see this article. We have previously completed ratings for John McCain, Barack Obama, Bob Barr, Chuck Baldwin, and Ralph Nader.
Ron Paul is keeping up with his promise to release periodic video messages regarding the “happenings” in with our lawmakers. Here he discusses the recent House bill to bail out Fannie Mae and Freddie Mac among other topics. He, as usual, relates the bailout to the devaluation of the dollar. Check it out below.
I have, for the past 35 years, expressed my grave concern for the future of America. The course we have taken over the past century has threatened our liberties, security and prosperity. In spite of these long-held concerns, I have days – growing more frequent all the time – when I’m convinced the time is now upon us that some Big Events are about to occur. These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed.
It is now Ralph Nader’s turn to be viewed through the Ron Paul colored glasses of the Paul-O-Meter. The Paul-O-Meter rates the candidates on how closely they resemble Ron Paul on the issues. For a complete description and methodology of the Paul-O-Meter please see this article. Thus far we have rated Barack Obama, John McCain, Bob Barr, and Chuck Baldwin.
Ron Paul also appeared yesterday on Glenn Beck’s TV show in an interview about the financial markets and monetary policy. Beck praises Paul on him being right on economic matters. Now if only Beck could be turned on foreign policy he’d be the best friend in the media Ron Paul has. I’m not holding my breath on that one though. Enjoy the video below.
Another slam dunk media appearnance by Ron Paul on CNBC this afternoon. He appeared with Kudlow who had nothing but praise for him and then was invited to stay on as part of the panel discussion following the interview. No embedded video but here is the link to CNBC site containing the video. Great stuff.
Here is video of Ron Paul today questioning Bernanke on inflation. He gets Ben to admit that inflation is basically a hidden tax on all consumers. My favorite portion is when Paul mentions that the Federal Reserve is taxes the people more than the Federal Government. Great stuff as usual from Ron Paul.
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Quote of the Day: “The bigger they are the harder they fall.”
– conventional wisdom
Subject: How things get too big to fail, and what to do about it
When the politicians created Fannie Mae and Freddie Mac they claimed that these institutions would provide stability to the housing market. But neither the housing market nor Fannie and Freddie are stable. Instead, Fannie and Freddie have brought us fear, risk, and uncertainty to the tune of $5.3 trillion.
Only the monopoly we call the federal government has the power to create a $5.3 TRILLION risk.
In a true free market the business of secondary mortgages would’ve been handled by hundreds or thousands of competing entities. It would’ve been very unlikely that all these firms would have made the same mistakes at the same time. But our government created a situation where the secondary mortgage business is dominated by just two institutions, Fannie and Freddie, so that any mistakes these two firms make have the potential to harm everyone.
Combine this with a centralized money supply and centralized interest rates set by the Fed, as well as centralized rule making concentrated in Congress and the bureaucracy, and conditions are ripe for disaster. Read More »
Liberty Maven
