Tag: Ron Paul

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general freedom ideological culture national politics & policies too much government U.S. Constitution

Perfect Safety?

Maybe the most interesting thing to come out, so far, from the “porno-scanner”/TSA-gropings controversy is this statement by Rep. Ron Paul of Texas: “You can’t provide perfect safety.”

Going on, Rep. Paul denied that it is “the government’s role … to provide safety.”

It isn’t; it’s to protect our rights. But here we’re being told that we go to the gate, we buy a ticket, and you’ve lost your right, you’ve sacrificed your right. Where did that come from? It’s about the most absurd thing I’ve ever heard.

Rep. Paul has introduced legislation that would prohibit physical contact between TSA screeners and would-​be airline passengers, and would prohibit taking images of people’s bodies using X‑Rays, millimeter rays, etc..

Ron Paul sees all these new, invasive screening techniques as based on the idea that it is the government’s job to ensure airline invulnerability to terrorism, not the airlines’. He suggests putting the onus back on the airlines, who would likely be more respectful of their customers than the TSA is.

9/​11/​01 caught the airlines and the government with their pants down. Maybe the best solution to this security lapse isn’t to institute intrusions into our pants, or the kind of X‑Ray vision scanners that boys used to be enticed with in the back of comic books.

There must be better ways. 

Alas, government probably won’t find them. Which is why Ron Paul is on to something: It should be up to private enterprise.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

Brains in Crisis

The Atlantic offers a fascinating portrait of the Honorable Ron Paul in “The Tea Party’s Brain.” Its blurb neatly explains the subject’s significance: “One way to measure the surprising … rise of the Tea Party is to chart the relative position of Ron Paul, who has never flinched from his beliefs. He’s not alone anymore.” 

But I want to focus not on writer Joshua Green’s take on Ron Paul but on Austrian economics — which Rep. Paul, almost alone in Washington, supports — and economic policy regarding crises:

The Austrian school … had fallen away after the Great Depression, which it claimed was caused by an expansion of the money supply and could be met only with chastened submission as the market corrected itself. Herbert Hoover’s Treasury secretary, Andrew Mellon, offered similar counsel, famously urging Hoover to “liquidate” and “purge the rottenness out of the system.” But this failed to stop the catastrophe. 

From Green’s statement you would think that President Hoover had accepted Mellon’s advice. He had not. Hoover often took pride in the fact that he did all sorts of things to prevent prices from coming down — from “liquidating” — after 1929. 

Green followed the above-​quoted passage with a plug for strong, activist government to pry the economy out of crisis. In light of the facts? Not so persuasive. 

A truth for Tea Party brains: The Great Depression featured a spendthrift, meddling Republican prez followed by an even more spendthrift, more meddlesome Democrat. 

A pattern history now repeats.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets national politics & policies too much government

The Chamber, Loaded Against the Free Market

You are familiar with the notion that businesses support the free market, while concerned citizens demand some sort of “regulatory oversight” by government.

It’s a canard.

Oh, some businessmen do indeed support free markets and decry subsidies — and lots of businesses oppose this regulation or that — but, on the whole, the major support for a regulatory regime, or for subsidies and tariffs, for almost any scheme of government control of business, is usually business itself.

Like individuals, businesses too often turn to government for special advantages — over other businesses, or over taxpayers.

That’s why the United States Chamber of Commerce gave Congressman Ron Paul such low marks. You could hardly find a more pro-​free-​market gentleman in Washington. But, as Timothy Carney notes in the Washington Examiner, 90 percent of Democrats got higher marks on the Chamber’s 2009 congressional scorecard than did Paul, who also got the lowest marks of any Republican.

Why?

Rep. Paul opposed the recent stimulus bill. And he opposed subsidizing the tourism industry as well as solar energy.

The Chamber is a typical business lobbying outfit, favoring an inefficient, mixed economy because some of its leading members hope to milk the taxpayers.

If you are a member of the Chamber but support the fair play of the free market, not the rigged play of government-​business “partnerships,” you might want to speak up against your Chamber’s policies. 

Or join another group.

This is Common Sense. I’m Paul Jacob.

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political challengers

Merging or Diverging?

We live in interesting times. Strapped for cash, local and state governments are cutting spending and raising taxes. The federal government, with its chummy relationship with the Federal Reserve and our money supply, along with a shopaholic’s addiction to debt, continues to spend at record rates. 

In this context, perhaps it is not so shocking that Congressman Ron Paul, known for being tight-​fisted on spending, and for his push to audit the Fed, is basically even in a head-​to-​head match-​up with President Obama. A Rasmussen Poll ticked Obama at 42 percent against Paul at 41 percent. 

Interestingly, only 66 percent of Republicans chose Paul. It’s independent voters who are nearly 2‑to‑1 for Paul over the President.

Why do Republicans hesitate? Paul is a severe critic of the Republican Establishment, especially the GOP’s recent fondness for undeclared wars.

Meanwhile, the Tea Party movement is being courted by Alaska’s Sarah Palin and Minnesota’s Michele Bachmann. Representative Bachmann went so far to say that the GOP and the Tea Parties are merging.

I hope not. The main unifying feature of Tea Party protests remains out-​of-​control federal spending and borrowing. The GOP did nothing to curb this problem when it was in charge.

Both parties created the problem, as Rep. Paul points out. That’s why the Tea Party will be more effective as an independent political force, rallying Americans to hold both parties and all public officials accountable.

This is Common Sense. I’m Paul Jacob.

Categories
Accountability national politics & policies U.S. Constitution

Ron Paul’s Gold Standard Version of Principle

They call him Dr. No.

But medical doctor and Congressman Ron Paul does more than vote against awful and unconstitutional legislation. He has also proposed many bills to roll back the government’s assault on our liberties — bills to get rid of the income tax, minimum wage laws, antitrust laws.

Of course, to advocate undoing decades of ever-​more-​brazen governmental interference in our lives is to swim against the tide. To most congressmen, the idea of limiting federal governance to constitutionally authorized functions is so old-​fashioned as to be perverse. So Paul hasn’t had much luck with his initiatives.

But one of them is now back on the table: A bill authorizing the GAO to audit the Federal Reserve. Paul first advanced it in the early ’80s, and since then it’s been gathering dust. But thanks to the way the Fed has been conducting itself during the financial crisis, with all its massive yet secretive bailouts and interventions, the bill is now popular.

It has a good shot at passing.

Ron Paul himself won’t be voting for it, however. It’s going to be packaged with other legislation to impose new financial regulations, regulations he opposes. Paul says: “I won’t vote for a bill that’s a disaster because one or two or five percent of it is an improvement.”

Can’t argue with that. If only all our representatives had such scruples.

This is Common Sense. I’m Paul Jacob.

Categories
Accountability free trade & free markets national politics & policies

Stress Test for the Fed?

A bill proposed by Congressman Ron Paul would shine a light on the mysterious goings-​on at the Federal Reserve.

The Fed has been sopping up many billions in toxic assets, creating money hocus-​pocus, loaning vast fortunes to central banks in other countries, and in general behaving as if its actions cannot have bad consequences.

HR 1207, introduced in February, would authorize the GAO to audit the Fed’s various funding facilities, used with such abandon over the last year. Look under the hood, see what’s going on in nitty-​gritty detail.

Doesn’t sound very radical. But the Fed is accustomed to being “independent,” i.e., unaccountable. Yet as Jim Grant, editor of a publication that monitors interest rates, has observed, if the Fed had to accept the auditing it requires of others, it would be regarded as insolvent.

Except, of course, for that whole create-​money-​out-​of-​thin-​air thing.

President Obama, a.k.a. Mr. Transparency, has said zilch to support the bill. Still, with over 150 Republicans and over 50 Democrats cosponsoring the legislation, it now has enough votes to pass if congressional leadership allows a vote.

An audit with a negative outcome would not force the Fed to shut down. 

But it would provide more ammo for those interested in slowing or stopping fiscal insanity.

And that, too, should be bipartisan. Transpartisan. Universal.

This is Common Sense. I’m Paul Jacob.