Ron Paul ~ Let Market Forces Solve Organ Transplant Crisis

Ron Paul's Texas Straight Talk 7-15-2013 ~ Let Market Forces Solve Organ Transplant Crisis
Let Market Forces Solve Organ Transplant Crisis

Ten-year old cystic fibrosis patient Sarah Murnaghan captured the nation's attention when federal bureaucrats imposed a de facto death sentence on her by refusing to modify the rules governing organ transplants. The rules in question forbid children under 12 from receiving transplants of adult organs. Even though Sarah's own physician said she was an excellent candidate to receive an adult organ transplant, government officials refused to even consider modifying their rules.

Fortunately, a federal judge intervened so Sarah received the lung transplant. But the welcome decision in this case does not change the need to end government control of organ donations and repeal the federal ban on compensating organ donors.

Supporters of the current system claim that organ donation is too important to be left to the marketplace. But this is nonsensical: if we trust the market to deliver food, shelter, and all other necessities, why should we not trust it to deliver healthcare—including organs?

It is also argued that it is "uncompassionate" or "immoral" to allow patients or insurance companies to provide compensation to donors. But one of the reasons the waiting lists for transplants is so long, with many Americans dying before receiving a transplant, is because of a shortage of organs. If organ donors, or their heirs, where compensated for donating, more people would have an incentive to become organ donors.

Those who oppose allowing patients to purchase organs should ask themselves how compassionate is it to allow those people to die on the transplant waiting list who might otherwise have lived if they were able to obtain organs though private contracts.

Some are concerned that if organ donations were supplied via the market instead of through government regulation, those with lower incomes would be effectively denied access to donated organs. This ignores our current two-tier system for allocating organs, as the wealthy can travel overseas for transplants if they cannot receive a transplant in America. Allowing the free market to alleviate the shortage of organs and reduce the costs of medial procedures like transplants would benefit the middle class and the poor, not the wealthy.

The costs of obtaining organs would likely be covered by most health insurance plans, thus reducing the costs directly borne by individual patients. Furthermore, if current federal laws distorting the health care market are repealed, procedures such as transplants would be much more affordable. Expanded access to health savings accounts and flexible savings accounts, combined with generous individual tax deductions and credits, would also make it easier for people to afford health care procedures such as transplants.

There is also some hypocrisy in the argument against allowing market forces in organ transplants. Everyone else involved in organ transplantation procedures, including doctors, nurses, and even the hospital janitor, receives compensation. Not even the most extreme proponent of government-provided health care advocates forcing medical professionals to provide care without compensation. Hospitals and other private intuitions provide compensation for blood and plasma donations, and men and women are compensated for donations to fertility clinics, so why not allow compensation for organ donation?

Sarah Murnaghan's case shows the fallacy in thinking that a free-market system for organ donations is less moral or less effective than a government-controlled system. It is only the bureaucrats who put adherence to arbitrary rules ahead of the life of a ten-year old child. It is time for Congress to wake up and see that markets work better in all aspects of health care, including organ donation, just as they work better in providing all other goods and services.

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congressman ron paul

Ron Paul & Jim Rogers On the Government, Martial Law, Collapse

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator and successful international investor. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance. 

After attending Yale and Oxford University, Jim Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P 500 rose less than 50%. Rogers then decided to retire – at age 37.

In 1990-1992, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analyzed the countries through which he traveled for investment ideas. He chronicled his one-of-a-kind journey in Investment Biker: On the Road with Jim Rogers. Jim also embarked on a Millennium Adventure. He traveled for 1101 days on his round-the-world, Guinness World Record journey. Passing through 116 countries, he covered more than 245,000 kilometers, which he recounted in his book Adventure Capitalist: The Ultimate Road Trip. His latest book "A Gift to My Children: A Father's Lessons for Life and Investing" was published in 2009.

Ron Paul ~ New Egyptian War: Americans Lose, Again

New Egyptian War: Americans Lose, Again
by Ron Paul

We lose another one.

Looking at the banners in the massive Egyptian protests last week, we saw many anti-American slogans. Likewise, the Muslim Brotherhood-led government that was deposed by the military last week was very critical of what it saw as US support for the coup. Why is it that all sides in this Egyptian civil war seem so angry with the United States? Because the United States has at one point or another supported each side, which means also that at some point the US has also opposed each side. It is the constant meddling in Egyptian affairs that has turned Egyptians against us, as we would resent foreign intervention in our own affairs.

For more than 30 years, since the US-brokered Camp David Accord between Israel and Egypt, the US supported Egyptian dictator Hosni Mubarak. Over that period the US sent more than $60 billion to prop up Mubarak and, importantly, to train and seek control over the Egyptian military. Those who opposed Mubarak's unelected reign became more and more resentful of the US, which they rightly saw as aiding and abetting a dictator and denying them their political aspirations.

Then the US began providing assistance to groups seeking to overthrow Mubarak, which they did in 2011. The US continued funding the Egyptian military at that time, arguing that US aid was more critical than ever if we are to maintain influence. The US Administration demanded an election in Egypt after Mubarak's overthrow and an election was held. Mohamed Morsi of the Muslim Brotherhood won a narrow victory. The US supported Morsi but kept funding the Egyptian military.

After a year of Morsi's rule, Egyptians who did not approve of his government took to the streets to demand his removal from power. The US signaled to the Egyptian military that it would not oppose the removal of Morsi from power, and he was removed on July 3rd. With the overthrow of the Muslim Brotherhood-led government came the arrest of many politicians and the closure of many media outlets sympathetic to them. Then the US government warned the same Egyptian military that undermined democracy that it needed to restore democracy! Is it any wonder why Egyptians from all walks of life are united in their irritation with the United States?

Despite the Egyptian government being overthrown by a military coup, the Obama Administration will not utter the word "coup" because acknowledging reality would mean an end to US assistance to the Egyptian government and military. That cannot be allowed.

Instead, we see the same Obama administration that is on a worldwide manhunt for pro-transparency whistle-blower Edward Snowden demand that the Egyptian military exercise "political transparency" in its dealings with the ousted Muslim Brotherhood-led government.

So, successive US administrations over the decades have supported all sides in Egypt, from dictator to demonstrator to military. There is only one side that the US government has never supported: our side. The American side. It has never supported the side of the US taxpayers who resent being forced to fund a foreign dictatorship, a foreign military, and foreign protestors. It has never supported the side of the majority of Americans who do not wish to get involved in the confusing internal affairs of countries thousands of miles away. It has never supported the side of those of us concerned about blowback, which is the real threat to our national security. Unfortunately, US administrations continue to follow the same old failed policies and Obama is no different. More intervention, more foreign aid, more bullying, more empire.

RON PAUL : If You Like The Surveillance State, You'll Love E-Verify

Ron Paul's Texas Straight Talk 7/1/13: If You Like The Surveillance State, You'll Love E-Verify


If You Like The Surveillance State, You'll Love E-Verify
by Ron Paul

From massive NSA spying, to IRS targeting of the administration's political opponents, to collection and sharing of our health care information as part of Obamacare, it seems every day we learn of another assault on our privacy. Sadly, this week the Senate took another significant, if little-noticed, step toward creating an authoritarian surveillance state. Buried in the immigration bill is a national identification system called mandatory E-Verify.

The Senate did not spend much time discussing E-Verify, and what little discussion took place was mostly bipartisan praise for its effectiveness as a tool for preventing illegal immigrants from obtaining employment. It is a tragedy that mandatory E-Verify is not receiving more attention, as it will impact nearly every American's privacy and liberty.

The mandatory E-Verify system requires Americans to carry a "tamper-proof" social security card. Before they can legally begin a job, American citizens will have to show the card to their prospective employer, who will then have to verify their identity and eligibility to hold a job in the US by running the information through the newly-created federal E-Verify database. The database will contain photographs taken from passport files and state driver's licenses. The law gives federal bureaucrats broad discretion in adding other "biometric" identifiers to the database. It also gives the bureaucracy broad authority to determine what features the "tamper proof" card should contain.

Regardless of one's views on immigration, the idea that we should have to ask permission from the federal government before taking a job ought to be offensive to all Americans. Under this system, many Americans will be denied the opportunity for work. The E-Verify database will falsely identify thousands as "ineligible," forcing many to lose job opportunities while challenging government computer inaccuracies. E-Verify will also impose additional compliance costs on American businesses, at a time when they are struggling with Obamacare implementation and other regulations.

According to David Bier of Competitive Enterprise Institute, there is nothing stopping the use of E-Verify for purposes unrelated to work verification, and these expanded uses could be authorized by agency rule-making or executive order. So it is not inconceivable that, should this bill pass, the day may come when you are not be able to board an airplane or exercise your second amendment rights without being run through the E-Verify database. It is not outside the realm of possibility that the personal health care information that will soon be collected by the IRS and shared with other federal agencies as part of Obamacare will also be linked to the E-Verify system.

Those who dismiss these concerns as paranoid should consider that the same charges were leveled at those who warned that the PATRIOT Act could lead to the government collecting our phone records and spying on our Internet usage. Just as the PATRIOT Act was only supposed to be used against terrorists but is now used to bypass constitutional protections in matters having noting to do with terrorism or national security, the national ID/mandatory E-Verify database will not only be used to prevent illegal immigrants from gaining employment. Instead, it will eventually be used as another tool to monitor and control the American people.

The recent revelations of the extent of National Security Agency (NSA) spying on Americans, plus recent stories of IRS targeting Tea Party and similar groups for special scrutiny, demonstrates the dangers of trusting government with this type of power. Creation of a federal database with photos and possibly other "biometric" information about American citizens is a great leap forward for the surveillance state. All Americans who still care about limited government and individual liberty should strongly oppose E-Verify.

Ron Paul: Bernanke Should Resign

Tue 18 Jun 13 | 01:07 PM ET
Ron Paul says Fed Chairman Bernanke should "resign," and explains why the Fed's plan is in so much trouble. With CNBC's Jackie DeAngelis and the Futures Now Traders.

Ron Paul: Bernanke Should Resign - CNBC 6/18/2013

Ron Paul says Fed Chairman Bernanke should "resign," and explains why the Fed's plan is in so much trouble. With CNBC's Jackie DeAngelis and the Futures Now Traders.

The Alex Jones Show : Ron Paul, Tom Mabe, Genae Girard : Wednesday, Jun 19 2013

Ron Paul Warns of Dollar Collapse






On this guest-packed Wednesday, June 19 edition of the Alex Jones Show, former Congressman Ron Paul joins us to discuss the impending dollar collapse, the NSA's constitutional infringements and other privacy scandals. Alex also speaks with comedian and prankster Tom Mabe who recently filmed a powerful satire video portraying himself as a NSA agent "recording" people in public with a boom mike. The video can be seen here on Infowars.com. In studio, Alex hosts cancer survivor Genae Girard, who recently won a Supreme Court case against patents on naturally occurring DNA. The victory has already lowered the cost of breast cancer testing.

Government Spying: Should We Be Shocked? by Ron Paul

Ron Paul's Texas Straight Talk 6/10/13: Government Spying: Should We Be Shocked?


Last week we saw dramatic new evidence of illegal government surveillance of our telephone calls, and of the National Security Agency's deep penetration into American companies such as Facebook and Microsoft to spy on us. The media seemed shocked.

Many of us are not so surprised.

Some of us were arguing back in 2001 with the introduction of the so-called PATRIOT Act that it would pave the way for massive US government surveillance—not targeting terrorists but rather aimed against American citizens. We were told we must accept this temporary measure to provide government the tools to catch those responsible for 9/11. That was nearly twelve years and at least four wars ago.

We should know by now that when it comes to government power-grabs, we never go back to the status quo even when the "crisis" has passed. That part of our freedom and civil liberties once lost is never regained. How many times did the PATRIOT Act need renewed? How many times did FISA authority need expanded? Why did we have to pass a law to grant immunity to companies who hand over our personal information to the government?

It was all a build-up of the government's capacity to monitor us.

The reaction of some in Congress and the Administration to last week's leak was predictable. Knee-jerk defenders of the police state such as Senator Lindsey Graham declared that he was "glad" the government was collecting Verizon phone records—including his own—because the government needs to know what the enemy is up to. Those who take an oath to defend the Constitution from its enemies both foreign and domestic should worry about such statements.

House Intelligence Committee Chairman Mike Rogers tells us of the tremendous benefits of this Big Brother-like program. He promises us that domestic terrorism plots were thwarted, but he cannot tell us about them because they are classified. I am a bit skeptical, however. In April, the New York Times reported that most of these domestic plots were actually elaborate sting operations developed and pushed by the FBI. According to the Times report, "of the 22 most frightening plans for attacks since 9/11 on American soil, 14 were developed in sting operations."

Even if Chairman Rogers is right, though, and the program caught someone up to no good, we have to ask ourselves whether even such a result justifies trashing the Constitution. Here is what I said on the floor of the House when the PATRIOT Act was up for renewal back in 2011: "If you want to be perfectly safe from child abuse and wife beating, the government could put a camera in every one of our houses and our bedrooms, and maybe there would be somebody made safer this way, but what would you be giving up? Perfect safety is not the purpose of government. What we want from government is to enforce the law to protect our liberties."

What most undermines the claims of the Administration and its defenders about this surveillance program is the process itself. First the government listens in on all of our telephone calls without a warrant and then if it finds something it goes to a FISA court and get an illegal approval for what it has already done! This turns the rule of law and due process on its head.

The government does not need to know more about what we are doing. We need to know more about what the government is doing. We need to turn the cameras on the police and on the government, not the other way around. We should be thankful for writers like Glenn Greenwald, who broke last week's story, for taking risks to let us know what the government is doing. There are calls for the persecution of Greenwald and the other whistle-blowers and reporters. They should be defended, as their work defends our freedom.

Warning to America Economic Meltdown 2014 Ron Paul

Warning to America Economic Meltdown 2014 Ron Paul

You know when a man like Ron Paul is vilified and bashed by the media, that the media is NOT free and impartial. One of the greatest thinkers of our times, especially with respects to the economy and liberty, Ron Paul should be one of the most respected and best loved men of today in the country AND the world. The fact that some see this man as some sort of "kook" is a testament to the shallow minds of the majority of today. A people that think the way the owned media tells them to think. Sheep.

Ron Paul ~ We Are Witnessing The Failure Of The State, The Government and The Fed

Ron Paul with Cavuto ~ What We Are Witnessing Is A "Failure" Of The State, Gov't & Fed


Obama is leading Amerika down the yellow brick road to economic ruin. Protect yourself any way you can. Pretty soon the entire country will look like tornado-strewn Oklahoma or a bombed-out Detroit once he is done with gutting it.
Most government programs turn out to be traps for grabbing your money one way or another, with penalties, fines, surcharges, etc. Currency inflation is a form of taxation without regard to income.

The only authority for a federal tax is the 16th Amendment, so one could argue that “quantitative easing” is a violation of civil rights because the power to print currency in unlimited amounts was never granted to the federal government. The constitution authorized only gold and silver as payment.

The point is, the federal reserve could be sued for civil and constitutional rights violations by anyone whose savings are diminished by the printing of paper currency. Few lawyers would want to take that case to federal court, but the legal theory supporting a claim seems plausible.

Ron Paul Reacts to Government Spying on Americans: What Did You Expect?

Ron Paul Reacts to Gov't Spying on Americans: What Did You Expect?

6/7/13 - Former Texas Congressman Ron Paul, a longtime proponent of civil liberties, said Thursday that government surveillance programs are the inevitable result of a people who have let their guard down. "I guess I wish I could be shocked," Paul said during a Thursday interview with CNN's Anderson Cooper, "but I'm not surprised." "It's a horrible, horrible situation," he added. "You got to watch the power of government. Power in government is almost always abused and this is abuse. "

"Our economy doesn't work, foreign policy is in shambles, and now we have no privacy because people say they want to be safe. Governments cannot make us safe,"

How Ron Paul Was Cheated Out Of Presidency

A compilation of footage that shows how the establishment used illegal tactics to get Ron Paul out of the presidential running. Everything from bias to voter fraud. It makes us sick and we hope Ron Paul and his family have a bright future ahead.

Ron Paul: Holder Should be Fired And IRS Abolished - Alan Colmes 6/5/2013

Former Congressman Ron Paul (R-TX) told Alan Colmes on his radio show that Eric Holder should not still be in office and that he the IRS should be abolished

You know when a man like Ron Paul is vilified and bashed by the media, that the media is NOT free and impartial. One of the greatest thinkers of our times, especially with respects to the economy and liberty, Ron Paul should be one of the most respected and best loved men of today in the country AND the world. The fact that some see this man as some sort of "kook" is a testament to the shallow minds of the majority of today. A people that think the way the owned media tells them to think. Sheep.

Ron Paul : The IRS Job Is To Violate Our Liberties

Ron Paul's Texas Straight Talk 5/20/13: The IRS's Job Is To Violate Our Liberties



The IRS's Job Is To Violate Our Liberties
by Ron Paul

"What do you expect when you target the President?" This is what an Internal Revenue Service (IRS) agent allegedly said to the head of a conservative organization that was being audited after calling for the impeachment of then-President Clinton. Recent revelations that IRS agents gave "special scrutiny" to organizations opposed to the current administration's policies suggest that many in the IRS still believe harassing the President's opponents is part of their job.

As troubling as these recent reports are, it would be a grave mistake to think that IRS harassment of opponents of the incumbent President is a modern, or a partisan, phenomenon. As scholar Burton Folsom pointed out in his book New Deal or Raw Deal, IRS agents in the 1930s where essentially "hit squads" against opponents of the New Deal. It is well-known that the administrations of John F. Kennedy and Lyndon Johnson used the IRS to silence their critics. One of the articles of impeachment drawn up against Richard Nixon dealt with his use of the IRS to harass his political enemies. Allegations of IRS abuses were common during the Clinton administration, and just this week some of the current administration's defenders recalled that antiwar and progressive groups alleged harassment by the IRS during the Bush presidency.

The bipartisan tradition of using the IRS as a tool to harass political opponents suggests that the problem is deeper than just a few "rogue" IRS agents—or even corruption within one, two, three or many administrations. Instead, the problem lays in the extraordinary power the tax system grants the IRS.

The IRS routinely obtains information about how we earn a living, what investments we make, what we spend on ourselves and our families, and even what charitable and religious organizations we support. Starting next year, the IRS will be collecting personally identifiable health insurance information in order to ensure we are complying with Obamacare's mandates.

The current tax laws even give the IRS power to marginalize any educational, political, or even religious organizations whose goals, beliefs, and values are not favored by the current regime by denying those organizations "tax-free" status. This is the root of the latest scandal involving the IRS.

Considering the type of power the IRS excises over the American people, and the propensity of those who hold power to violate liberty, it is surprising we do not hear about more cases of politically-motivated IRS harassment. As the first US Supreme Court Chief Justice John Marshall said, "The power to tax is the power to destroy" — and who better to destroy than one's political enemies?

The US flourished for over 120 years without an income tax, and our liberty and prosperity will only benefit from getting rid of the current tax system. The federal government will get along just fine without its immoral claim on the fruits of our labor, particularly if the elimination of federal income taxes are accompanied by serious reduction in all areas of spending, starting with the military spending beloved by so many who claim to be opponents of high taxes and big government.

While it is important for Congress to investigate the most recent scandal and ensure all involved are held accountable, we cannot pretend that the problem is a few bad actors. The very purpose of the IRS is to transfer wealth from one group to another while violating our liberties in the process, thus the only way Congress can protect our freedoms is to repeal the income tax and shutter the doors of the IRS once and for all.

Ron Paul ~ The Federal Reserve Blows More Bubbles

Ron Paul's Texas Straight Talk 5/6//13: Federal Reserve Blows More Bubbles


Federal Reserve Blows More Bubbles
by Ron Paul

Last week at its regular policy-setting meeting, the Federal Reserve announced it would double down on the policies that have failed to produce anything but a stagnant economy. It was a disappointing, but not surprising, move.

The Fed affirmed that it is prepared to increase its monthly purchases of Treasuries and mortgage-backed securities if things don't start looking up. But actually the Fed has already been buying more than the announced $85 billion per month. Between February and March, the Fed's securities holdings increased $95 billion. From March to April, they increased $100 billion. In all, the Fed has pumped more than a half trillion dollars into the economy since announcing its latest round of "quantitative easing" (QE3) in September 2012.

Although many were up in arms when the Fed said it would buy $600 billion in government debt outright for the previous round, QE2, all seems quiet about the magnitude of QE3 because it doesn't come with huge up-front total price tag. But by year's end the Fed's balance sheet could hit $4 trillion.

With no recovery in sight, where's all this money going? It is creating bubbles. Bubbles in the housing sector, the stock market, and government debt. The national debt is fast approaching $17 trillion, with the Fed monetizing most of the newly issued debt. The stock market has been hitting record highs for the past two months as investors seek to capitalize on the Fed's easy money. After all, as long as the Fed keeps the spigot open, nominal profits are there for the taking. But this is a house of cards. Eventually, just like in 2008-2009, the market will discipline the bad actions of the Fed and seek to find the real normal.

In the meantime, real families are suffering. While Wall Street and the government take advantage of access to the Fed's new "free" money, the Fed claims there is no inflation. But who hasn't paid higher prices at the grocery store, the gas pump, for tuition, for insurance? It's bad enough that household incomes have stagnated, but real purchasing power has declined so much that one in seven Americans, 47.3 million people, are on food stamps. Five million are collecting unemployment insurance with 21.5 million afflicted by unemployment according to the government's own figures. That's 13.9 percent -- close to double the 7.5 percent unemployment number reported last week.

We are certainly not in a recovery. We don't see the long unemployment and soup kitchen lines like in the Great Depression, but that's just because the lines are electronic now.

It is not surprising the Fed has decided to hand the American people more of the same failed policies. But it is disappointing. We know what the real solution is: allow the marketplace to work. Allow entrepreneurs the chance to create instead of stifling innovation with arbitrary regulations. Allow interest rates to rise to equal the risks in the economy. Allow bad debts to be liquidated so we can build on a firm foundation. Stop printing money to benefit the government and big banks. Restore sound money to the economy and the American people. Sound money is the bedrock for prosperity and the best check on big government and crony capitalism.

Rachel Maddow attacks Alex Jones Glenn Beck & Ron Paul - April 26, 2013

Rachel Maddow brought up the false flag, government destruction theories being pushed by InfoWars and its star figure, Alex Jones. You remember Alex Jones, the crazy guy who went ballistic on Piers Morgan? Well, he's been out in full force again, but this time it's coupled with an endorsement by none other than Matt Drudge. Rachel Maddow Alex Jones Infowars Epic Rant Part 2 goes after infowars,alex jones,glenn beck, ron paul

Ron Paul's Dire Warning to America

Former Congressman and 2012 presidential contender Ron Paul drops in to give us his take on how Congress plans to exploit our fears to take our liberties in the aftermath of the Boston terror attack on April 15

Ron Paul: Someday People Will Realize That Gold Is The Ultimate Money - CNBC 4/23/2013

Former Texas Congressman Ron Paul goes off on gold, including Goldman Sachs' latest call. He also has a thing or two to say about the Fed, with CNBC's Mandy Drury and the Futures Now Traders, Jim Iuorio at the CME and Anthony Grisanti at the Nymex.

Ron Paul ~ Homeschooling: The Future of Liberty

Homeschooling: The Future of Liberty
by Ron Paul

A common feature of authoritarian regimes is the criminalization of alternatives to government-controlled education. Dictators recognize the danger that free thought poses to their rule, and few things promote the thinking of "unapproved" thoughts like an education controlled by parents instead of the state. That is why the National Socialist (Nazi) government of Germany outlawed homeschooling in 1938.

Sadly, these Nazi-era restrictions on parental rights remain the law in Germany, leaving parents who wish greater control over their children's education without options. That is why in 2006 Uwe and Hannalore Romeike, a German couple who wanted to homeschool their three children for religious reasons, sought asylum in the United States. Immigration judge Lawrence Burman upheld their application for asylum, recognizing that the freedom of parents to homeschool was a "basic human right."

Unfortunately, the current US administration does not see it that way, and has announced that it is appealing Judge Burman's decision. If the administration is successful, the Romeikes could be sent back to Germany where they will be forced to send their children to schools whose teaching violates their religious beliefs. If they refuse, they face huge fines, jail time, or even the loss of custody of their children!

The Administration's appeal claims that the federal government has the constitutional authority to ban homeschooling in all fifty states. The truth is, the Constitution gives the federal government no power to control any aspect of education. Furthermore, parents who, like the Romeikes, have a religious motivation for homeschooling should be protected by the free exercise clause of the First Amendment.

The federal government's hostility to homeschooling is shared by officials at all levels of government. Despite the movement's success in legalizing homeschooling in every state, many families are still subjected to harassment by local officials. The harassment ranges from "home visits" by child protective agencies to criminal prosecution for violating truancy laws.

Every American who values liberty should support the homeschoolers' cause. If the government can usurp parental authority over something as fundamental as the education of their children, there is almost no area of parenthood off limits to government interference.

Homeschooling has proven to be an effective means of education. We are all familiar with the remarkable academic achievements, including in national spelling bees and other competitions, by homeshcooled children. In addition, homeschooled students generally fare better than their public school educated peers on all measures of academic performance.

It makes sense that children do better when their education is controlled by those who know their unique needs best, rather than by a federal bureaucrat. A strong homeschooling movement may also improve other forms of education. If competition improves goods and services in other areas of life, why wouldn't competition improve education? A large and growing homeschooling movement could inspire public and private schools to innovate and improve.

When the government interferes with a parent's ability to choose the type of education that is best for their child, it is acting immorally and in manner inconsistent with a free society. A government that infringes on the rights of homeschooling will eventually infringe on the rights of all parents. Homeschooled children are more likely to embrace the philosophy of freedom, and to join the efforts to restore liberty. In fact, I would not be surprised if the future leaders of the liberty movement were homeschooled.

I believe so strongly in the homeschooling movement that I have just announced my own curriculum for homeschooling families. Please visit this revolutionary new project at http://www.RonPaulCurriculum.com.

Ron Paul : The Great Cyprus Bank Robbery

Ron Paul's Texas Straight Talk 4/1/13: The Great Cyprus Bank Robbery


The Great Cyprus Bank Robbery
by Ron Paul

The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer's Greek debt restructuring resulted in losses equivalent to more than 25 percent of Cyprus' GDP. These banks then took their bad investments to the government, demanding a bailout from an already beleaguered Cypriot treasury. The government of Cyprus then turned to the European Union (EU) for a bailout.

The terms insisted upon by the troika (European Commission, European Central Bank, International Monetary Fund) before funding the bailout were nothing short of highway robbery. While bank depositors have traditionally been protected in the event of bankruptcy or liquidation, the troika insisted that all bank depositors pay a tax of between 6.75 and 10 percent of their total deposits to help fund the bailout.

While one can sympathize with EU taxpayers not wanting to fund yet another bailout of a poorly-managed banking system, forcing the Cypriot people to pay for the foolish risks taken by their government and bankers is also criminal. In their desire to punish a "tax haven" catering supposedly to Russian oligarchs, the EU elites ensured that ordinary citizens would suffer just as much as foreign depositors. Imagine the reaction if in September 2008, the US government had financed its $700 billion bank bailout by directly looting American taxpayers' bank accounts!

While the Cypriot parliament rejected that first proposal, they will have no say in the final proposal delivered by the EU and IMF: deposits over 100,000 euros are likely to see losses of at least 40 percent and possibly as much as 80 percent. "Temporary" capital controls that were supposed to last for days will now last at least a month and might remain in effect for years.

Especially affected have been the elderly, who were unable to use ATMs or to transfer money electronically. Despite the fact that ATMs severely limited the size of withdrawals during the two week-long bank closure, reports indicated that account holders who had access to Cypriot bank branches in London and Athens were able to withdraw most of their funds, leading to speculation that there would be no money available when banks finally opened up again. In other words, the supposed Russian oligarch money may well be already gone.

Remember that under a fractional reserve banking system only a small percentage of deposits is kept on hand for dispersal to depositors. The rest of the money is loaned out. Not only are many of the loans made by these banks going bad, but the reserve requirement in Euro-system countries is only one percent! If just one euro out of every hundred is withdrawn from banks, the bank reserves would be completely exhausted and the whole system would collapse. Is it any wonder, then, that the EU fears a major bank run and has shipped billions of euros to Cyprus?

The elites in the EU and IMF failed to learn their lesson from the popular backlash to these tax proposals, and have openly talked about using Cyprus as a template for future bank bailouts. This raises the prospect of raids on bank accounts, pension funds, and any investments the government can get its hands on. In other words, no one's money is safe in any financial institution in Europe. Bank runs are now a certainty in future crises, as the people realize that they do not really own the money in their accounts. How long before bureaucrat and banker try that here?

Unfortunately, all of this is the predictable result of a fiat paper money system combined with fractional reserve banking. When governments and banks collude to monopolize the monetary system so that they can create money out of thin air, the result is a business cycle that wreaks havoc on the economy. Pyramiding more and more loans on top of a tiny base of money will create an economic house of cards just waiting to collapse. The situation in Cyprus should be both a lesson and a warning to the United States. We need to end the Federal Reserve, stay away from propping up the euro, and return to a sound monetary system.