Free Republic

Two weeks ago, both the administration and the Fed announced with straight faces that the recession was over and the signs of economic recovery were clear. Then last week, the president made a stunning decision that signals the administration’s determination to repeat the mistakes of the Great Depression. Much like the Smoot-Hawley Tariffs that set off a global trade war and effectively doomed us to ten more years of economic misery, Obama’s decision to enact steep tariffs on Chinese imported tires could spark a trade war with the single most important trading partner we have. Not only does China manufacture...

For three decades, Rep. Ron Paul has waged a lonely battle in Congress to abolish the Federal Reserve. But he has more foot soldiers across the nation today, particularly after the financial crisis, who are leading the drive for wider congressional audits of the central bank. In his new book — “ End the Fed” — released today, Rep. Paul walks through his critique of the central bank and lays out a strategy (briefly) for eliminating it. We sat down with the congressman to hear his views on a money system backed by gold, the Fed’s challenge of withdrawing its...

Rep. Alan Grayson (D-FL), informs Congress that there will be hearings to audit the Federal Reserve and why he supports them.

Part of an interview with Phil Donahue...classic, short and sweet.LINK HERE

Far from protecting us and our children, the war on drugs is making the world a much more dangerous place. SO FAR this year, about 4000 people have died in Mexico's drugs war - a horrifying toll. If only a good fairy could wave a magic wand and make all illegal drugs disappear, the world would be a better place. Dream on. Recreational drug use is as old as humanity, and has not been stopped by the most draconian laws. Given that drugs are here to stay, how do we limit the harm they do? The evidence suggests most of...

Last Wednesday the nation was riveted to the President’s speech on healthcare reform before Congress. While the President’s concern for the uninsured is no doubt sincere, his plan amounts to a magnanimous gift to the health insurance industry, despite any implications to the contrary. For decades the insurance industry has been lobbying for mandated coverage for everyone. Imagine if the cell phone industry or the cable TV industry received such a gift from government? If government were to fine individuals simply for not buying a corporation’s product, it would be an incredible and completely unfair boon to that industry, at...

Near the start of this year Ron Paul (R-Texas) introduced H.R. 1207, the Federal Reserve Transparency Act of 2009. The bill was referred to the House Committee on Financial Services. As of this writing, H.R. 1207 has 282 cosponsors. A Senate equivalent, S.604, the Federal Reserve Sunshine Act of 2009, has been introduced by Bernie Sanders (I-Vt.). It has 23 cosponsors. Both bills have received a tremendous groundswell of grass-roots support. Much of the support is coming from ordinary people who have become aware of the fact that the Federal Reserve has created trillions of dollars literally out of nothing...

Things seem to be unraveling quickly for the new administration. The latest unemployment numbers are worse than the last reports. For all the billions of dollars spent and committed to fixing our economic problems, the situation is only getting worse. This was to be expected by those who understand the root causes of the problems. Throwing money around and creating more government programs is both simplistic and damaging to the economy. Of course, the administration claims that we would have been much worse off without these efforts. You can’t improve this situation by adding to our mountain of public debt...

Florida Republican Party Wages War on Liberty Caucus: ‘Party Purge’ Expels Caucus Chair and Members from RPOF Positions NO ROOM FOR DISSENT IN FLORIDA REPUBLICAN PARTY JACKSONVILLE, FL — Last Friday, the Republican Party of Florida (RPOF) Grievance Committee notified Republican Liberty Caucus of Florida Chairman Will G. Pitts of Jacksonville and four other Republican Liberty Caucus (RLC) members that they have been removed from positions within the RPOF or prohibited from serving in any official RPOF capacity for a period of no less than two years. “This is just the latest action in the ongoing ‘Party Purge’,” said grassroots...

Over the last few months, there has been a growing movement to bring transparency and new levels of accountability to the US Federal Reserve. Congressman Ron Paul has been leading the fight in the House of Representatives. There’s no champion fighting in the US Senate to bring accountability to the Federal Reserve, but that might change if one Kentucky senatorial candidate gets elected. Currently in the U.S. Senate, there’s a piece of legislation similar to Ron Paul’s H.R. 1207 which would bring new levels of accountability to the Federal Reserve by allowing the GAO to audit the Fed. The legislation,...

Just got off the phone with some 20 year old at the RNC. I screen my calls and was going to let it roll over to the answering machine. Then I realized that this was a chance to give the RNC an earful.

It has been an interesting week indeed for the Federal Reserve. Early this week, it was announced that President Obama intends to reappoint Fed Chairman Ben Bernanke to a second term in January, signaling a vote of confidence in him. Bernanke seems to be popular with the administration and with Wall Street, and with good reason. His lending policies have left big banks flush with newly created cash that covers up old mistakes and allows for new ones. By buying up mountains of Treasury debt he has also enabled spending to soar to ridiculous levels that should startle any responsible...

Japan’s historic election Sunday gave the Democratic Party an overwhelming victory over the Liberal Democrats that have dominated Japan’s government for 55 years.  The Liberal Democrats oversaw Japan’s industrial policy that supported Japan’s dominant firms during Japan’s rise as a major economic power during the 1960s, 70s, and 80s.  Indeed, many American economists argued the U.S. should do more to emulate Japanese industrial policy and have the government actively involved in supporting dominant corporations to enhance their international competitiveness.American support for industrial policy, where the government actively picks the winners in economic competition, died off in the 1990s when the...

Obama Health Care leads to forced indenture. Can’t any one see where Obama Health Care is headed? The monetary costs are trivial compared to FORCED INDENTURE. Forced indenture will follow single payer healthcare, as night follows day. Do those who demand health care for all know what they are asking for? No, they don’t. If they did, they would be embarrassed. Read all

Watch this video. It is the most important video you will ever watch. http://www.youtube.com/watch?v=eAaQNACwaLw&feat... George Soros and the progressive democrats he has in his pocket have a goal to destroy the dollar and to push for a global currency. As a result, George Soros would make billions just as he did from his attempt to destroy the British Pound. To accomplish his goal, George Soros and his team of democrats have chosen a messenger who via teleprompter will spread their message and will not oblige to his constitutional obligation to prove that he is a US citizen. Please view http://www.youtube.com/watch?v=qe2bpV1QlkE...

During August recess, many legislators have heard an unexpected amount of discontent from their constituents about what is happening on Capitol Hill, particularly regarding healthcare. Some people are justifiably terrified at what the government could do to healthcare, should it get its claws even further into it. Others demand a public option for health insurance and are adamant that healthcare be treated as yet another absolute entitlement. One thing everyone agrees on is that the final bill needs to be read and understood by all legislators before a vote is taken. To any American, this is common sense. In Washington,...

Since the bailouts last fall, lawmakers have been behaving as quasi-owners of the bailed-out banks and businesses, leading to calls for increased regulation of executive compensation and other wasteful expenditures. We have heard much about bonuses and executive pay packages that sound more like lottery winnings than an honest salary. Many lawmakers voted in favor of these unconstitutional bailouts, believing that these corporations were too big to fail, and allowing them to go under would precipitate widespread economic disaster. This second wave of citizen outrage at the bailouts has left these lawmakers with a bit of egg on their face,...

The US Patriot Act was used AGAIN to incarcerate the juvenile & model citizen for months without being charged with a crime! Arrested March 5 not indicted until July 9 10th He is detained on the basis of "good faith" beliefs on the part of the investigators, as permitted under the Patriot Act, rather than the normal legal standard of "probable cause" to suspect his commission of a crime. Fact: Ashton has an airtight alibi for the night he supposedly made a threat against Purdue University in Indiana; while the real perps go free to brag about hacking his skype...

Syndicalism is alive and well in Washington. Syndicalism embraces the notion that labor unions should have leadership roles in all aspects of a society whether it be banking, business, science, the arts, manufacturing, or politics. Syndicalism seeks the establishment of a communist state. The bolsheviks, led by Lenin, Stalin and Trotsky, used as a rallying cry: “All power to the Soviets,” wherein the word “soviet” means council, (but was widely understood as labor union). The new nation that emerged once the Bolsheviks had seized power from the Romanovs in Russia (1917) was Union of Soviet Socialist Republics (USSR). [Continue in...

It is every American's patriotic duty, if they are over the age of 65, an active exploiter of Medicare or any other government services, and not contributing retribution, to plan for their departure from American society. If you are over 65, a burden, you should feel duty bound. Now which of you folks here feels patriotic, raise your hand--Barack Obama