Last week, we learned that the key to a strong economy is not increased production, lower unemployment or a sound monetary unit. Rather, economic prosperity depends on the type of language used by the central bank in its monetary policy statements. All it took was one word in the Federal Reserve Bank’s press release and stock markets went wild.
The political class breathed a sigh of relief Saturday when the U.S. Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in secret, was full of special interest deals and disguised spending increases, and was voted on before most members could read it.
Last week, the U.S. House voted overwhelmingly in favor of an anti-Russia resolution so full of war propaganda that it rivals the rhetoric from the chilliest era of the Cold War. Ironically, much of the bill condemns Russia for doing exactly what the U.S. government has been doing for years in Syria and Ukraine!
The U.S. House passed what I consider to be one of the worst pieces of legislation ever. The bill was 16 pages of war propaganda that should have made even neocons blush, if they were capable of such a thing. These are the kinds of resolutions I have always watched closely in Congress, as they often lead to sanctions and war.
It seems nobody wants to be secretary of defense in the Obama administration. President Obama cannot keep defense secretaries on the job, and his top Pentagon pick is not interested in serving the last stretch of a lame-duck administration.
It will not shock readers to hear that, quite often, legislation on Capitol Hill is not as advertised. When Congress wants to do something particularly objectionable, congressmen tend give it a fine-sounding name. The PATRIOT Act is perhaps the best-known example.
Congress may soon vote on legislation outlawing Internet gambling. It is an open secret, at least inside the Beltway, that this legislation is being considered as a favor to billionaire casino owner, Sheldon Adelson.
Did the election last week really mean that much? I took to my Twitter account on Tuesday to point out that the change in control of the Senate from Democrat to Republican actually means very little, despite efforts by politicians and the mainstream media to convince us otherwise.
Respecting the right of the people to keep and bear arms is the original and best homeland security policy. Restricting the right of people to arm themselves leaves them with no effective defense against violent criminals or a tyrannical government.
Although a founding member of NATO, Canada did not join the United States in its war against Vietnam. The Canadian government did not see a conflict 7,000 miles away as vital to Canada’s national interest; so Canada pursued its own foreign policy course, independent of the United States. How the world has changed.
Proponents of national service claim that young people have a moral obligation to give something back to society. But giving the government power to decide our moral obligations is an invitation to totalitarianism.
It is no coincidence that many of those countries suffering from mass Ebola outbreaks have also suffered from the plagues of dictatorship and war. The devastation wrought by years of war has made it impossible for these countries to develop modern healthcare infrastructure.
After 13 years of war in Afghanistan — the longest in U.S. history — the U.S. government has achieved no victory. Afghanistan is in chaos and would collapse completely without regular infusions of U.S. money. The war has been a failure, but Washington will not admit it.
Even though it ultimately failed at the ballot box, the recent campaign for Scottish independence should cheer supporters of the numerous secession movements springing up around the globe. In the […]
Ron Paul’s weekly column is originally published each Monday by the Ron Paul Institute. Last week, the House and Senate voted to rubber stamp President Obama’s war plans for the […]
On Nov. 30, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank […]
Forty years ago many Americans celebrated the demise of the imperial presidency with the resignation of Richard Nixon. Today it is clear they celebrated too soon. Nixon’s view of presidential […]
Last week, President Obama admitted that his administration has not worked out a strategy on how to deal with the emergence of the Islamic State in Iraq and Syria (ISIS) […]
America’s attention recently turned away from the violence in Iraq and Gaza toward the violence in Ferguson, Missouri, following the shooting of Michael Brown. While all the facts surrounding the […]
We have been at war with Iraq for 24 years, starting with Operations Desert Shield and Storm in 1990. Shortly after Iraq’s invasion of Kuwait that year, the propaganda machine […]
The U.S. government’s decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the U.S. economy itself. While the […]
President Obama announced last week that he was imposing yet another round of sanctions on Russia, this time targeting financial, arms, and energy sectors. The European Union, as it has […]
Remember back in April, 2007, when then-CIA director George Tenet appeared on 60 Minutes, angrily telling the program host, “we don’t torture people”? Remember a few months later, in October, […]