The Ron Paul Institute for Peace and Prosperity : Search Results

Trump’s Promised ‘New Foreign Policy’ Must Abandon Regime Change for Iran

Sunday December 4, 2016

President-elect Donald Trump told a Cincinnati audience this week that he intends to make some big changes in US foreign policy. During his “thank you” tour in the midwest, Trump had this to say:

We will pursue a new foreign policy that finally learns from the mistakes of the past. We will stop looking to topple regimes and overthrow governments. …In our dealings with other countries we will seek shared interests wherever possible...”

If this is really to be President Trump’s foreign policy, it would be a welcome change from the destructive path pursued by the two previous administrations. Such a foreign policy would go a long way toward making us safer and more prosperous, as we would greatly reduce the possibility of a “blowback” attack from abroad, and we would save untold billions with a foreign policy of restraint.
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To Really ‘Make America Great Again,’ End the Fed!

Sunday November 27, 2016

Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed’s policies have “skewered” the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.

Federal Reserve-generated increases in money supply cause economic inequality. This is because, when the Fed acts to increase the money supply, well-to-do investors and other crony capitalists are the first recipients of the new money. These economic elites enjoy an increase in purchasing power before the Fed’s inflationary policies lead to mass price increases. This gives them a boost in their standard of living.
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Education System Broken: Let’s Try ‘Ed-Exit’

Monday November 21, 2016

Maryland Governor Larry Hogan recently signed an executive order forbidding Maryland public schools from beginning classes before Labor Day. Governor Hogan’s executive order benefits businesses in Maryland’s coastal areas that lose school-aged summer employees and business from Maryland families when schools start in August. However, as Governor Hogan’s critics have pointed out, some Maryland school districts, as well as Maryland schoolchildren, benefit from an earlier start to the school year.

Governor Hogan’s executive order is the latest example of how centralized government control of education leaves many students behind. A centrally planned education system can no more meet the unique needs of every child than a centrally planned economic system can meet the unique needs of every worker and consumer.
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Memo to the Next Administration: Defense Spending Must Be For Actual Defense

Sunday November 13, 2016

In a disturbing indication of how difficult it would be to bring military spending in line with actual threats overseas, House Armed Services Chairman Rep. Mac Thornberry (R – TX) told President Obama last week that his war funding request of $11.6 billion for the rest of the year was far too low. That figure for the last two months of 2016 is larger than Spain’s budget for the entire year! And this is just a “war-fighting” supplemental, not actual “defense” spending! More US troops are being sent to Iraq, Syria, Afghanistan, and elsewhere and the supplemental request is a way to pay for them without falling afoul of the “sequestration” limits.

The question is whether this increase in US military activity and spending overseas actually keeps us safer, or whether it simply keeps the deep state and the military-industrial complex alive and well-funded.
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Regardless of How America Votes, Americans Want a Different Foreign Policy

Monday November 7, 2016

I have said throughout this presidential campaign that it doesn’t matter much which candidate wins. Both Donald Trump and Hillary Clinton are authoritarians and neither can be expected to roll back the leviathan state that destroys our civil liberties at home while destroying our economy and security with endless wars overseas. Candidates do not matter all that much, despite what the media would have us believe. Ideas do matter, however. And regardless of which of these candidates is elected, the battle of ideas now becomes critical.
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Blame Government, Not Markets for Monopoly

Monday October 31, 2016

When Time-Warner announced it planned to merge with another major communications firm, many feared the new company would exercise near-total monopoly power. These concerns led some to call for government action to block the merger in order to protect both Time-Warner's competitors and consumers.

No, I am not talking about Time-Warner’s recent announced plan to merge with AT&T, but the reaction to Time-Warner’s merger with (then) Internet giant AOL in 2000. Far from creating an untouchable leviathan crushing all competitors, the AOL-Time-Warner merger fell apart in under a decade.
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Obama’s Pivot to Asia Hits a Roadblock in the Philippines

Monday October 24, 2016

While the mainstream media continues its obsessive reporting on the mud-slinging campaign for the White House, a dramatic development in China last week brought President Obama’s “pivot to Asia” to a sudden halt. Philippine president Rodrigo Duterte, while in Beijing, announced his country’s “separation” from the United States. He told his Chinese audience, “Your honors, in this venue, I announce my separation from the United States … both in military, but also economics.’’

The State Department was stunned and asked for a clarification. The Philippines has been a virtual US protectorate since 1898, when it became US property after the Spanish-American war. Even after gaining independence after World War II it remained a close Cold War ally, hosting US military bases until 1992. Just this spring, as US tensions with China were heating up over a Chinese reclamation project in the South China Sea, the US signed a deal to open five military bases on Philippine territory. The deal was considered of major importance in an increasingly confrontational US approach to the region.
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Iceland Today, the US Tomorrow?

Monday October 17, 2016

During the 2008 economic crisis, Iceland’s government froze offshore accounts held by foreign investors in that country’s currency, the krona. Recently, the government of Iceland announced it would unfreeze the accounts if the account holders paid a voluntary “departure tax,” which could be as high as 58 percent. Investors who choose not to pay the departure tax would have their investment “segregated” into special funds that only invest in CDs issued by Iceland’s central bank. These CDs are expected to only provide a rate of return of at most 0.5 percent a year. So investors in offshore accounts can thus choose between having their money directly seized via the departure tax or indirectly seized via the inflation tax.
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Fifteen Years Into the Afghan War, Do Americans Know the Truth?

Sunday October 9, 2016

Last week marked the fifteenth anniversary of the US invasion of Afghanistan, the longest war in US history. There weren’t any victory parades or photo-ops with Afghanistan’s post-liberation leaders. That is because the war is ongoing. In fact, 15 years after launching a war against Afghanistan’s Taliban government in retaliation for an attack by Saudi-backed al-Qaeda, the US-backed forces are steadily losing territory back to the Taliban.

What President Obama called “the good war” before took office in 2008, has become the “forgotten war” some eight years later. How many Americans know that we still have nearly 10,000 US troops in Afghanistan? Do any Americans know that the Taliban was never defeated, but now holds more ground in Afghanistan than at any point since 2001? Do they know the Taliban overran the provincial capital of Kunduz last week for a second time in a year and they threaten several other provincial capitals?
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After Peres, Is Peace Possible in the Middle East?

Monday October 3, 2016

The death of former Israeli president and prime minister Shimon Peres last week marks the last of the Zionist “old guard” who successfully fought for a UN mandate to establish the state of Israel in what was formerly British Palestine. Much has been written about Peres since his death. He was a peacemaker. He was a warrior. He was brutal. He was complex. It is possible for all of them to be accurate at the same time.

Was Peres a warrior? That is without question. Israel was established in bloodshed and Peres played an important role in that fight. Also, the brutal Israeli attack on a Palestinian refugee camp at Qana in 1996 took place under Peres’s command. In that attack more than 100 women and children were killed.
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