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Latest Posts

March to Folly in Ukraine
The United States has just made an exceptionally dangerous, even reckless decision over Ukraine. Mikhail Gorbachev, the Soviet leader who ended the Cold War, warns it may lead to a nuclear confrontation with Russia.

31 January 2015read on...

Surrendering Liberty: America’s Fatal Freedom Apathy
According to our civic folklore, Americans are more devoted to freedom than any other nationality on earth. But it is increasingly appears that this dogma is a relic of bygone times.

29 January 2015read on...

China Looks West: What Is at Stake in Beijing’s ‘New Silk Road’ Project
Not even two years into what will almost certainly be a ten-year tenure as China’s president, Xi Jinping has already had an impact on China’s foreign policy: standing up for what many Chinese see as their nation’s territorial sovereignty in maritime boundary disputes in the East China Sea and the South China Sea, proposing a “new model of great power relations” to guide relations with the United States, and presiding over the consolidation of what Xi himself calls a “comprehensive strategic partnership” with Russia. But the most consequential diplomatic initiative of Xi’s presidency may turn out to be his calls to create a “New Silk Road Economic Belt” and a “Maritime Silk Road of the 21st Century”: vast infrastructure and investment schemes aimed at expanding China’s economic connections to—and its political influence across—much of Eurasia.

28 January 2015read on...

'Two Percent Inflation' and The Fed's Current Mandate
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 become the manipulator of the premier world reserve currency.

28 January 2015read on...

Beware the Two Percent!
Why is the Federal Reserve the best friend of the warfare state? Watch Ron Paul lay down the history of this destructive institution...

28 January 2015read on...

New Russia 'Spy' Scandal: US Foreign Policy Goes Retro
Progressives have saddled themselves with a theory of history that sees the "march of progress" as an ever upwardly-bound journey to political perfection: thus the appellation "progressive," as in "things are getting progressively better." Yet history – real history, that is – lacks any such teleological plan or direction. It is characterized, instead, by ups and downs, golden ages and dark ages: the golden age of Greece and Rome was followed by centuries of ignorance and retrogression that we call – not without reason – the Dark Ages.

28 January 2015read on...

After The 'Syriza Shock' - Now Comes The Hard Choice Of Escape Or Merely Re-setting The Terms of Greece’s EU Servitude
We can heartily praise Alexis Tsirpras for calling bull on the destructive puzzle palace economics thrust on his country by the hypocrites and liars who rule from Brussels. And his finance minister designate, economist Yanis Varoufakis, is surely on the right track when he targets the rent-seeking bankers, big businesses and media operators who have plundered the Greek state for decades.

26 January 2015read on...

Beware a New Cold War
The notion of a New Cold War with Russia first arrived in 2008 with the publication of Edward Lucas' book The New Cold War: The Future of Russia and the Threat to the West. It received some attention at the time, but the cold war construct in its title gained little traction until the 2014. Since the Ukraine has been in crisis the phrase "a New Cold War" has become fairly commonplace in the media. Part of the reason for this is that the emotional memory of the Cold War is still strong and 'cold war' remains an easy, ready and convenient trope for media commentators in need of dramatic content. However, we should be concerned with more than rhetorical overreach by writers of headlines, book titles and opinion pieces.

23 January 2015read on...

Featured Articles

US Egypt Policies Don't Pass the Laugh Test


A military coup in Egypt yesterday resulted in the removal and imprisonment of the elected president, Mohamed Morsi, a closure of media outlets sympathetic to him, the house arrest of his advisors, and the suspension of the constitution. The military that overthrew Morsi is the main recipient of the $1.3 billion yearly US aid package to Egypt. You could say that the US “owns” the Egyptian military that just overthrew its democratically-elected leader.

The hypocrisy of the US administration on these events in Egypt is stunning. As the New York Times reported today:

 President Obama urged the military to move quickly to return Egypt to a democratically elected government, saying, ‘We are deeply concerned by the decision of the Egyptian Armed Forces to remove President Morsi and suspend the Egyptian Constitution.’ The president notably did not refer to the military’s takeover as a coup — a phrase that would have implications for the $1.3 billion a year in American military aid to Egypt.

Well, Egypt had a democratically-elected government, but it was overthrown by the US-funded Egyptian military!

Let’s review US policy toward Egypt to see the foolish hypocrisy of the government’s interventionism: First the US props up the unelected Hosni Mubarak for decades, spending tens of billions of dollars to keep him in power. Then the US provides assistance to those who in 2011 successfully overthrew Mubarak. Then the US demands an election. The Egyptians held an election that was deemed free and fair and shortly afterward the US-funded military overthrows the elected president. Then the US government warns the military that it needs to restore democracy – the very democracy that was destroyed by military coup! All the while the US government will not allow itself to utter the word “coup” when discussing what happened in Egypt yesterday because it would mean they might have to stop sending all those billions of dollars to Egypt.

All this they do with a straight face. We are not supposed to notice the insanity of their foreign policy.

Copyright © 2013, The Ron Paul Institute for Peace and Prosperity. Permission to reprint in whole or in part is gladly granted provided full credit is given and a live link provided.
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