The Ron Paul Institute for Peace and Prosperity : Search Results

The Federal Reserve Is, and Always Has Been, Politicized

Monday April 17, 2017

Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The bill passed by voice vote without any objections, although Fed defenders did launch hysterical attacks on the bill during the debate as well as at a hearing on the bill the previous week.

One representative claimed that auditing the Fed would result in rising interest rates, a stock market crash, a decline in the dollar’s value, and a complete loss of confidence in the US economy. Those who understand economics know that all of this is actually what awaits America unless we change our monetary policy. Passing the audit bill is the vital first step in that process, since an audit can provide Congress a road map to changing the fiat currency system.
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After Trump’s Syria Attack, What Comes Next?

Monday April 10, 2017

Thursday’s US missile attack on Syria must represent the quickest foreign policy U-turn in history. Less than a week after the White House gave Assad permission to stay on as president of his own country, President Trump decided that the US had to attack Syria and demand Assad’s ouster after a chemical attack earlier in the week. Trump blamed Assad for the attack, stated that “something’s going to happen” in retaliation, and less than two days later he launched a volley of 59 Tomahawk missiles (at a cost of $1.5 million each) onto a military airfield near where the chemical attack took place.
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Yes, Let’s Allow The Syrian People To Decide For Themselves

Monday April 3, 2017

Is common sense beginning to creep into US policy in the Middle East? Last week Secretary of State Rex Tillerson said that the longer-term status of Syrian President Assad would be “decided by the Syrian people.” The media reported this as a radical shift in US foreign policy, but isn’t this just stating what should be obvious? What gives any country the right to determine who rules someone else? Washington is currently paralyzed by evidence-free rumors that the Russians somehow influenced our elections, but no one blinks an eye when Washington declares that one or another foreign leader “must go.”
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Did the Government Spy on Trump? Of Course. It Spies on All of Us!

Monday March 27, 2017

There was high drama last week when Rep. Devin Nunes announced at the White House that he had seen evidence that the communications of the Donald Trump campaign people, and perhaps even Trump himself, had been “incidentally collected” by the US government.

If true, this means that someone authorized the monitoring of Trump campaign communications using Section 702 of the FISA Act. Could it have been then-President Obama? We don’t know. Could it have been other political enemies looking for something to harm the Trump campaign or presidency? It is possible.
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Obamacare Repeal or Obamacare 2.0?

Sunday March 19, 2017

This Thursday, the House of Representatives will vote on a Republican bill that supposedly repeals Obamacare. However, the bill retains Obamacare’s most destructive features.

That is not to say this legislation is entirely without merit. For example, the bill expands the amount individuals can contribute to a health savings account (HSA). HSAs allow individuals to save money tax-free to pay for routine medical expenses. By restoring individuals’ control over healthcare dollars, HSAs remove the distortions introduced in the healthcare market by government policies encouraging over-reliance on third-party payers.
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Why Trump’s Syria 'Surge' Will Fail

Monday March 13, 2017

Last week President Trump significantly escalated the US military presence in Syria, sending some 400 Marines to the ISIS-controlled Raqqa, and several dozen Army Rangers to the contested area around Manbij. According to press reports he will also station some 2,500 more US troops in Kuwait to be used as he wishes in Iraq and Syria.

Not only is it illegal under international law to send troops into another country without permission, it is also against US law for President Trump to take the country to war without a declaration. But not only is Trump’s first big war illegal: it is doomed to failure because it makes no sense.
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Arizona Challenges the Fed’s Money Monopoly

Sunday March 5, 2017

History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.

Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
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On Military and Spending, It’s Trump Versus Trump

Monday February 27, 2017

It can be a challenge to follow the pronouncements of President Trump, as he often seems to change his position on any number of items from week to week, or from day to day, or even from minute to minute. Consider his speech last week at the Conservative Political Action Conference (CPAC). It was reported as “fiery” and “blistering,” but it was also full of contradictions.

In the speech, President Trump correctly pointed out that the last 15 years of US military action in the Middle East has been an almost incomprehensible waste of money – six trillion dollars, he said – and that after all that US war and meddling the region was actually in worse shape than before we started.
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Trump’s ISIS Plan: Another US Invasion?

Monday February 20, 2017

Just over a week into the Trump Administration, the President issued an Executive Order giving Defense Secretary James Mattis 30 days to come up with a plan to defeat ISIS. According to the Order, the plan should make recommendations on military actions, diplomatic actions, partners, strategies, and how to pay for the operation.

As we approach the president’s deadline it looks like the military is going to present Trump with a plan to do a whole lot more of what we’ve been doing and somehow expect different results. Proving the old saying that when all you have is a hammer everything looks like a nail, we are hearing increasing reports that the military will recommend sending thousands of US troops into Syria and Iraq.
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Will Congress Stop Forcing Pro-Life Americans to Subsidize Abortion?

Monday February 13, 2017

Last month marked 44 years since the Supreme Court’s Roe v. Wade decision declaring a constitutional right to abortion. Roe remains one of the Supreme Court’s most controversial decisions. Even some progressive legal theorists who favor legalized abortion have criticized Roe for judicial overreach and faulty reasoning.

Throughout my medical and political careers, I have opposed abortion. I believe abortion is the killing of an innocent human life and, thus, violates the non-aggression principle that is the basis of libertarianism. Unfortunately many libertarians, including some of my close allies, support legalized abortion. These pro-abortion libertarians make a serious philosophical error that undermines the libertarian cause. If the least accountable branch of government can unilaterally deny protection of the right to life to an entire class of persons, then none of our rights are safe.
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