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Thread: Ron Paul: America Must Do This to Avoid an Economic Collapse

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    Default Ron Paul: America Must Do This to Avoid an Economic Collapse

    Ron Paul: America Must Do This to Avoid an Economic Collapse
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    Ron Paul: America Must Do This to Avoid an Economic Collapse

    Ron Paul Issues Dire Warning

    Former member of the U.S. House of Representatives and three-time presidential candidate Ron Paul warned that government spending must be reduced if America is going to avoid a major economic collapse.


    “Budgets that merely tinker


    around the edges of the welfare-warfare state, or only reduce the rate of spending increases, merely postpone the day of reckoning,” Paul wrote in his weekly column posted on the Ron Paul Institute web site on Sunday.
    “Only a budget that brings the troops home, shuts down unconstitutional agencies, ends all corporate welfare, and begins unwinding our welfare and entitlement programs will ensure future generations enjoy liberty, peace, and prosperity,” writes Paul. (Source: “Beltway Conservative Budget Plans Are Big Spending and Anti-Liberty,Ron Paul Institute For Peace and Prosperity, March 20, 2016.)
    Paul said that many conservatives oppose the budget, arguing it calls for too much spending, and some GOP lawmakers who supported the bill in committee have said they did so as a favor to leadership but would oppose it on the floor.
    The House Budget Committee approved a fiscal 2017 budget resolution by a 20:16 vote last Wednesday. The budget provides $1.07 trillion in discretionary spending for fiscal 2017 and proposes deep cuts to non-defense discretionary and entitlement programs in the years ahead. (Source: “House Budget Committee approves budget,Politico, March 16, 2016.)
    Paul said this year’s House Republican budget is higher than the GOP’s 2013 budget although anti-government spending sentiment “is a major reason Republicans control the House and Senate.”
    Paul noted that some Conservatives, The Heritage Foundation and the Conservative House Republican Study Committee (RSC), have both prepared alternatives to the official Republican budgets.
    “Unfortunately, neither Heritage nor the RSC budgets meaningfully reduce federal spending,” he wrote.
    Paul, author of End the Fed (2009), cited the “love affair” between Conservatives and the military-industrial complex as the reason behind the imbalanced budget plan. He believes that Conservative support for ever-increasing spending on militarism undercuts their efforts to end corporate welfare.
    “Much of the so-called defense budget is wasted on boondoggles like the F-35 fighter that only defend the lifestyles of defense contractors and their lobbyists,” Paul said.
    However, Paul pointed to some other “positive” elements included in these budgets. “For example, the RSC budget calls for an audit of the Federal Reserve,” he said. “Both budgets repeal ObamaCare and provide the American people with much needed tax relief.”
    Paul has long been warning of a calamitous U.S. economic collapse that could bring civil unrest and a stock market collapse. He expects the coming crash will be worse than the 2008 financial crisis.



    Ron Paul's actual published comments

    Beltway Conservative Budget Plans Are Big Spending and Anti-Liberty

    Written by Ron Paul

    Sunday March 20, 2016




    According to a recent poll, 73 percent of all Americans oppose increases in federal spending. Since this anti-government spending sentiment is a major reason Republicans control the House and Senate, one would expect the Republican Congress to hold the line on, or even cut, government spending. Yet, despite the Republican leadership’s rhetoric about "fiscal responsibility," this year’s House Republican budget spends $104 billion more than the GOP’s 2013 budget.

    Some conservatives, most notably the Heritage Foundation, have criticized the GOP budget. Heritage and the conservative House Republican Study Committee (RSC) have both prepared conservative alternatives to the official Republican budgets. Unfortunately, neither the Heritage nor the RSC budget meaningfully reduces federal spending.

    Conservative efforts to reduce the size of government are handicapped by their love affair with the military-industrial complex. Since the Pentagon’s budget makes up the largest category of “discretionary” spending, it seems logical that a serious balanced budget plan would reduce spending on militarism.

    Yet many of the same conservatives who (rightly) criticize the Republicans for refusing to cut spending not only oppose cuts to the Pentagon budget, they actually call for increases in military spending! These conservatives refuse to admit that the trillions spent on “regime change” overseas have not only failed to turn the targeted countries into Jeffersonian republics but have actually empowered groups like ISIS.

    Conservative support for ever-increasing spending on militarism undercuts their efforts to end corporate welfare. Much of the so-called defense budget is wasted on boondoggles like the F-35 fighter that only defend the lifestyles of defense contractors and their lobbyists.

    Despite insisting on increased military spending, the Heritage and RSC budgets both, at least on paper, eliminate the deficit in less than ten years. These budgets contain some other positive elements. For example, the RSC budget calls for an audit of the Federal Reserve. Both budgets repeal Obamacare and provide the American people with much needed tax relief.

    The good features of the conservative budgets do not cancel out their flaws. For one thing, neither of the conservative budgets actually cuts spending. Instead, they both use the old DC trick of cutting projected increases in spending. Only in DC could budgets that increase domestic spending be considered a “radical attack on the welfare state.”

    The fundamental flaw in the conservative budgets is philosophical: like much of modern American conservatism, the budgets accept the notion that the American government is both constitutionally authorized to run, and capable of running, the economy, our lives, and the world. Hence the “conservative” budgets do little or nothing to scale back the federal role in education, housing, welfare, or commerce.

    Beltway Conservative budgets reform welfare programs by giving the states more authority and flexibility in administering the programs. This may make marginal improvements in the programs, but it does not make the welfare state moral or constitutional. It also does not make government welfare more efficient or compassionate than private charity.

    Similarly, while conservatives promise entitlement reforms that give individuals greater control, they refuse to grant young people the option to care for themselves by opting out of the government entitlement system.

    If America is going to avoid a major economic crisis, government spending and debt must be reduced. However, budgets that merely tinker around the edges of the welfare-warfare state, or only reduce the rate of spending increases, merely postpone the day of reckoning. Only a budget that brings the troops home, shuts down unconstitutional agencies, ends all corporate welfare, and begins unwinding our welfare and entitlement programs will ensure future generations enjoy liberty, peace, and prosperity.

    Copyright 2016 by RonPaul Institute. Permission to reprint in whole or in part is gladly granted, provided full credit and a live link are given.
    Please donate to the Ron Paul Institute
    Last edited by presence; 03-24-2016 at 01:11 PM.

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...




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  3. #2

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    Friggin click bait. Did not read.
    Waiting for the day the classical liberals drive the hateful alt-right out of the republican party, and the libertarians can rise again.

  4. #3

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    I just clicked on the Source: link to Ron Paul's actual published comments and read them directly.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

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    So what are the current odds on that happening .......... EVER?

  6. #5

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    Quote Originally Posted by brandon View Post
    Friggin click bait. Did not read.
    sorry, my browsing experience is highly regulated by no-script add ons so I didn't see all that, added warning to op and link to ronpaulinstitute in bold

    the article in op is full cut and paste from source

    also added my own click bait

    “Budgets that merely tinker

    which goes on to define what that phrase means
    Last edited by presence; 03-24-2016 at 01:13 PM.

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...







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