Aug 31

- 25 Quotes About The Coming War With Syria That Every American Should See (Economic Collapse, Aug 29, 2013):

If Barack Obama is going to attack Syria, he is going to do it without the support of the American people, without the approval of Congress, without the approval of the United Nations, and without the help of the British.  Now that the British Parliament has voted against a military strike, the Obama administration is saying that it may take “unilateral action” against Syria.  But what good would “a shot across Syria’s bow” actually do?  A “limited strike” is not going to bring down the Assad regime and it is certainly not going to end the bloody civil war that has been raging inside Syria.  Even if the U.S. eventually removed Assad, the al-Qaeda affiliated rebels that would take power would almost certainly be even worse than Assad.  Even in the midst of this bloody civil war, the rebels have taken the time and the effort to massacre entire Christian villages.  Why is Barack Obama so obsessed with helping such monsters?  There is no good outcome in Syria.  The Assad regime is absolutely horrible and the rebels are even worse.  Why would we want the U.S. military to get involved in such a mess?

Continue reading »

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Aug 29

- US Finally Admits What Ron Paul Said: “Nobody Knows Who Set Off The Gas” (ZeroHedge, Aug 29, 2013):

The AP reports that US intelligence officials are admitting that linking Syrian President Bashar Assad or his inner circle to an alleged chemical weapons attack is no “slam dunk,” as opposed to Obama (and Kerry) who are ‘unequivocal’ of the fact.

Via AP,

The intelligence linking Syrian President Bashar Assad or his inner circle to an alleged chemical weapons attack is no “slam dunk,” with questions remaining about who actually controls some of Syria’s chemical weapons stores and doubts about whether Assad himself ordered the strike, U.S. intelligence officials say.

an intercept of Syrian military officials discussing the strike was among low-level staff, with no direct evidence tying the attack back to an Assad insider or even a senior Syrian commander, the officials said.

So while Secretary of State John Kerry said Monday that links between the attack and the Assad government are “undeniable,” U.S. intelligence officials are not so certain that the suspected chemical attack was carried out on Assad’s orders, or even completely sure it was carried out by government forces, the officials said.

Perhaps more concerning… Continue reading »

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Aug 22

- Ron Paul to headline September ‘anti-Semitic conference’ (The Raw Story, Aug 20, 2013):

Former U.S. Rep. Ron Paul (R-TX) is being billed as the keynote speaker at a September conference sponsored by the Fatima Center, which one civil rights organization calls “the single largest group of hard-core anti-Semites in North America.”

The Southern Poverty Law Center’s Hatewatch blog noted on Tuesday that Paul had reportedly accepted the speaking engagement at the Fatima Center’s September “Fatima: The Path to Peace” conference in Canada.

Other speakers at the conference will include John Birch Society President John F. McManus, which has been accused of contributing to anti-Semitism for decades.

“All speakers share one thing in common: a keen understanding that the nations of the world suffer profound disorder, that evil and shocking immorality are on the rise, that war and violence steadily increase, that the stability of our entire social order is at stake, and that a solution to the present chaos is of utmost necessity,” a statement from the Fatima Center said.

Continue reading »

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Aug 17


YouTube Added: 15.08.2013

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Aug 07

- Why Won’t They Tell Us the Truth About NSA Spying? (Ron Paul Institute, Aug 4, 2013):

By Ron Paul

In 2001, the Patriot Act opened the door to US government monitoring of Americans without a warrant. It was unconstitutional, but most in Congress over my strong objection were so determined to do something after the attacks of 9/11 that they did not seem to give it too much thought. Civil liberties groups were concerned, and some of us in Congress warned about giving up our liberties even in the post-9/11 panic. But at the time most Americans did not seem too worried about the intrusion.

This complacency has suddenly shifted given recent revelations of the extent of government spying on Americans. Politicians and bureaucrats are faced with serious backlash from Americans outraged that their most personal communications are intercepted and stored. They had been told that only the terrorists would be monitored. In response to this anger, defenders of the program have time and again resorted to spreading lies and distortions. But these untruths are now being exposed very quickly.

Continue reading »

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Jul 28


YouTube Added: 26.07.2013

Flashback:

- DHS Insider Update … Looks Like “It’s About To Get Very Ugly” … Very Soon!!!

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Jul 25

- Ron Paul On Gold And Why “We’ll See More Detroits” (ZeroHedge, July 25, 2013):

In a brief but perfectly succinct interview on CNBC yesterday, Ron Paul shared his opinion on the need to own gold (and the physical demand for the manipulated metal) and the Detroit bankruptcy (“we’re going to see more Detroits”). He concludes that “long term, you can expect governments not to change” and that they’ll keep taking on more debt and printing more money until people lose confidence in both the U.S. dollar and the U.S. military, both of which will be shake the foundation of a fiat/dollar system.

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Jul 21

- WAS HE RIGHT? (The Burning Platform, July 20, 2013):

Ron Paul wrote this scathing assessment and prediction about the newly created DHS eleven years ago. He was outraged by the $3 billion price tag. The DHS 2014 budget is $60 billion. Were his warnings about the American people being spied on by our government accurate? Are you safer today than you were in 2002? Do you have more or less liberty and freedom than you had in 2002? Was it worth it?

The Homeland Security Monstrosity

Rep. Ron Paul (R-TX)

November 19, 2002

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Jun 17


YouTube Added. 15.06.2013

- Ron Paul blasts Obama on Syria war escalation (PressTV, June 15, 2013):

Former Congressman Ron Paul has sharply criticized the Obama administration for “escalating” the war in Syria by sending weapons to foreign-backed militants in the country.

“Today we heard from President Obama that the war in Syria will be escalated. He now has agreed to send weaponry in to assist the rebels. It’s escalation, that’s a proper word, because we’ve already been involved for quite a few months. We’ve been supporting the rebels for probably the past two years, supposedly for humanitarian reasons,” he said in a statement posted on YouTube on Friday.

“But now there is going to be a much more aggressive approach and we’re going to send weapons. There is a few problems with this, first off it’s war. Second thing is presidents are not supposed to start war without permission from the people through a congressional declaration of war,” Paul argued.

He also dismissed claims made by the White House that the Syrian government has used chemical weapons against the militants, saying the accusations are ill-founded and resemble the claims made in the run-up to the Iraq war.

“The language is the same. They use the same arguments. Weapons of Mass Destruction, poison gases, hundred people died, [and] the government has done this,” he said. “To me it’s all an excuse.”

Continue reading »

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Jun 13


Ron Paul has been warning for a decade about the rise of the perfect security state, and now he sees his worst fears realized

- Ron Paul says Congress has been ‘derelict in giving so much power to this government’ as it’s revealed NSA whistleblower gave cash to his campaign (Daily Mail, June 10, 2013):

  • Edward Snowden, the NSA leaker, gave $500 to Paul’s 2012 campaign
  • Paul snarks that PATRIOT Act author Jim Sensenbrenner’s outrage is ‘not coming from a deeply principled viewpoint’
  • Says a President Paul would have stopped the entire NSA PRISM program, scrapped giant data storage facility under construction in Utah
  • Former presidential candidate and retired long-time Texas Republican Congressman Ron Paul told MailOnline on Monday that if he had won the GOP nomination in 2012 and ultimately claimed the White House, the National Security Agency would no longer be in the dragnet business.

    ‘I would have said that we have to continue to have some surveillance,’ Paul said during an exclusive interview, ‘but only under the legitimate authority of the Constitution.’

    He criticized the Obama administration and his former congressional colleagues for executing what he called an ‘end run’ around the Constitution, leveraging the controversial PATRIOT Act to do it, and then keeping the result secret from the American people.

    ‘We want them to ask why the terrorists want to hurt us, right?’ he began. ‘And then when they ask, they don’t like the answer they get. So they lie about it.’

    ‘And then we expect them to be truthful about how we can solve the problem while taking the Constitution seriously? Why are we surprised when the government hides the ball?’

    Paul said that if he were president, he would not ‘ask for things in a FISA court,’ and would ‘only conduct searches when you have probable cause that there’s a crime.’

    Continue reading »

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    Jun 12

    - Video of the Day: Ron Paul Warns of Electronic Surveillance back in…1984 (Liberty Blitzkrieg, June 10, 2013):

    There are three words that come to mind when I think of Ron Paul; principles, credibility and consistency.  Not only is the video below great because we get to see Dr. Paul speak on the Congressional floor thirty years younger, but also because he was adamantly criticizing civil liberties threats in the context of a Republican President, Ronald Reagan.  He warned us about what the NSA and other intelligence agencies are currently doing well before the internet became widespread.  The man is a statesman of the highest order. Definitely take the time to watch this short video.


    YouTube Added: 19.02.2011

    9/6/1984, C-SPAN

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    Jun 11

    “Truth is treason in the empire of lies.’
    ‘Let the revolution begin!”
    – Ron Paul



    YouTube

    Description:

    (June 10, 2013) – Former Republican presidential candidate Ron Paul appeared on CNN tonight to tell Piers Morgan why he objects to the NSA surveillance program.

    Morgan directly asked Paul if he would have actually ended surveillance programs if he were president.

    Paul said he would still want intelligence gathering, but it would be done in a more transparent way, maintaining that the current surveillance program are unquestionably unconstitutional.

    He directly told NSA defenders that they are simply “justifying dictatorship.”

    Paul dismissed the use of a FISA court as a significant enough of a check on the executive branch. He said this program is undeniably “destroying the Constitution,”, and posed a question to anyone who defends the widespread surveillance.

    Ron Paul:

    So my question should be, to all of you who defend this nonsense is, what should the penalty be for the people who destroy the constitution. They’re always worrying about how they’re going to destroy the American citizens who tell the truth to let us know what’s going on. We ask the question, what is the penalty for the people who deliberately destroy the constitution and rationalize and say, ‘we have to do it for security.’

    Well, you know what Franklin said about that, you end up losing your security and you lose your freedoms too. So I think we’ve embarked on a very, very dangerous course. The American people are with us on this, it’s totally out of control, and I would say if you’re confused about what we should do, just read the constitution. What’s wrong with that? If you don’t like it, get people to repeal it and change the constitution, but not just to deny it.

    We go to war without a declaration. We totally ignore the constitution. That is what our problem is today — we have no rule of law, and people say, ‘well, just let secret Courts do this,; and the governments to know everything, and the American people have no privacy. I mean you’re — that reflects intimidation, people are insecure, and think that we’ll need more authoritarianism. You’re justifying dictatorship, is what you’re doing.

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    Jun 10


    YouTube

    - Ron Paul: It’s Going to Get Much, Much Worse (Peak Prosperity, June 10,2013):

    Dr. Ron Paul has long been a leading voice for limited constitutional government, low taxes, free markets, sound money, civil liberty, and non-interventionist foreign policies.

    His last term in the U.S. House of Representatives ended earlier this year, so we caught up with the former Congressman to get his latest perspective on how successfully our national leadership is dealing with America’s economic challenges.

    In Dr. Paul’s assessment, Washington is too committed to deficit spending and the debt-based economy – both operationally and philosophically – to expect it to embrace a more fiscally-responsible model without a forcing crisis (which he believes is coming): Continue reading »

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    May 09

    “The real hopeless victims of mental illness are to be found among those who appear to be most normal. Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives that they do not even struggle or suffer or develop symptoms as the neurotic does. They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.”
    Aldous Huxley – Brave New World Revisited

    “If you want a vision of the future, imagine a boot stamping on a human face – forever.”
    - George Orwell

    “There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution.”
    -
    Aldous Huxley, 1961

    - ABNORMALCY BIAS (The Burning Platform , May 9, 2013)

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    May 05

    - Federal Reserve Blows More Bubbles (The Free Foundation, 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.

    Continue reading »

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    Apr 30

    Related info:

    - BOSTON: This Is What Martial Law In The U.S. Looks Like: Americans Ordered Out Of Homes At Gunpoint By SWAT Teams (Videos & Photos):


    - Ron Paul: Police manhunt for Boston Marathon bombing suspect scarier than attack (Washington Times, April 29, 2013):

    Former Rep. Ron Paul said the law enforcement that swarmed around Boston in the days following the marathon bombings was scarier than the actual terrorist attack.

    “The Boston bombing provided the opportunity for the government to turn what should have been a police investigation into a military-style occupation of an American city,” he said on the Lew Rockwell website, Politico reported. “This unprecedented move should frighten us as much or more than the attack itself.”

    The terror attacks on April 15 in Boston killed three and injured 264.

    Mr. Paul, a former libertarian political candidate who served in Congress as a member of the Republican Party, said the door-to-door searches police conducted in Watertown for the bombing suspects were particularly alarming.

    They reminded of a “military coup in a far off banana republic,” he said, Politico reported. “Force lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause. Businesses forced to close. Transport shut down.”

    Continue reading »

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    Apr 28


    YouTube

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    Apr 27

    - Rand Paul is a FRAUD and another Obama! He has committed Treason against his Father and Now U.S. Citizens. I have NO Respect for him at All! (Sherry Questioning All, April 24, 2013):

    First I believed in Rand Paul when he ran for the Senate in Kentucky.  I supported his run and win.

    Then during the 2012 Presidential election when he committed Treason and was a traitor against his father by endorsing Romney, I never listened to another word he said until his epic filibuster..

    He redeemed himself in my eyes when he accomplished the epic 13 hour filibuster which I actually watched more than half of.  I was thrilled he was standing up for all of us and the country. I became a Rand Paul supporter once more.

    NOW…. he has committed treason against the U.S. people and he has nullified his epic filibuster by going directly against it.

    Rand Paul says at 2:30 point of the video below “If someone is coming out of a liquor store with a gun and $50 dollars I don’t care if a drone kills him or a policeman kills him.”

    WTF???!!!!  REALLY???

    You – Rand Paul….. Don’t Care if a drone is JUDGE JURY AND EXECUTIONER of someone ROBBING a store?  So someone should be KILLED for robbing a Store?

    How Dare you….. believe drones should KILL people during a crime instead of letting a jury of their peers convict them!!!!   Also, who is to say the real robber didn’t toss the person out with the gun, no one knows what the real situation is, until evidence is completely provided in a COURT ROOM!

    You are not a TRUE Constitutionalist and you are a traitor, Rand Paul!!

    I hope the people of Kentucky Vote You OUT! I will NEVER support you, We can not TRUST you! You are a true politician.   Not trustworthy, a player of the game and I have NO respect for you!

    Continue reading »

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    Apr 24

    - Ron Paul On Bitcoin: “If I Can’t Put It In My Pocket, I Have Reservations” (ZeroHedge, April 23, 2013):

    “You will not see economic growth until you liquidate the debt and liquidate the malinvestment out there,” is the hard truth that former Congressman Ron Paul lays on Bloomberg TV in this wide-ranging interview. Paul is concerned at “the erraticness of the dollar… and its devaluation,” explaining that, “people think the gold price up and down is a reflection of something wrong with gold; no, I say it is something wrong with the dollar.” The topic gravitates to inflation, which Paul explains is far from missing as, “Bond prices go up. Stocks are going up. Housing prices are starting to go back up again. Education costs are going up,” adding that, “CPI is not reliable.” Paul is buying gold, believes “we are in as much trouble as Greece,” and while fascinated by the free market nature of Bitcoin, he notes that while he doesn’t fully understand it, “if I can’t put it in my pocket, I have some reservations about that.”

    Paul on whether he’s concerned about the drop in gold: Continue reading »

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    Apr 24


    April 18, 2013

    Description:

    Don’t mess with Texas. RT travels to the Republic of Texas and meets Texans who are proud of their heritage, embrace self-reliance and are ready to live by what they preach, even if it strays from the norms of mainstream American society.

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    Apr 03

    - The Big Banks Are Recklessly Gambling With Our Money, And It Will Cause The Global Financial System To Collapse (Economic Collapse, April 2, 2013):

    Have you ever wondered how the big banks make such enormous mountains of money?  Well, the truth is that much of it is made by gambling recklessly.  If they win on their bets, they become fabulously wealthy.  If they lose on their bets, they know that the government will come in and arrange for the banks to be bailed out because they are “too big to fail”.  Either they will be bailed out by the government using our tax dollars, or as we just witnessed in Cyprus, they will be allowed to “recapitalize” themselves by stealing money directly from our bank accounts.  So if they win, they win big.  If they lose, someone else will come in and clean up the mess.  This creates a tremendous incentive for the bankers to “go for it”, because there is simply not enough pain in this equation for those that are taking the risks.  If the big Wall Street banks had been allowed to collapse back in 2008, that would have caused a massive change of behavior on Wall Street.  But instead, the big banks are still recklessly gambling with our money as if the last financial crisis never even happened.  In the end, the reckless behavior of these big banks is going to cause the entire global financial system to collapse.

    Have you noticed how most news reports about Cyprus don’t even get into the reasons why the big banks in Cyprus collapsed?

    Well, the truth is that they collapsed because they were making incredibly reckless bets with the money that had been entrusted to them.  In a recent article, Ron Paul explained how the situation played out once the bets started to go bad… Continue reading »

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    Apr 02

    - The Great Cyprus Bank Robbery (Ron Paul, April 1, 2013):

    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.

    Continue reading »

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    Mar 23

    - Texas Moves to Repatriate its Gold from the Federal Reserve (Liberty Blitzkrieg, March 22, 2013):

    This is one of the most interesting stories I have read regarding the precious metals market in quite some time.  It appears that Texas Rep. Giovanni Capriglione has a bill in play that would move the state’s gold from New York (where its under the “safekeeping” of the ultra shady Federal Reserve) to a depository within the state of Texas itself.  The reason this would be such a big deal if it happens, is because a lot of the gold bought and sold globally is very likely not actually owned by those that “buy” it.  From my perspective, pretty much the only countries that actually buy gold and bring it within their borders are China, Russia and Iran.  Most other nations that claim they “bought” gold, most likely hold a certificate that states they have gold in London or New York.  So in other words, they have no gold.  It looks like Texas is wising up.  From the Star-Telegram:

    Freshman Rep. Giovanni Capriglione, R-Southlake, is carrying a bill that would establish the Texas Bullion Depository, a secure state-based bank to house $1 billion worth of gold bars owned by the University of Texas Investment Management Co., or UTIMCO, and stored by the Federal Reserve.

    “If you think gold is a hedge, or a protection, you always want it as close to the individual and the entity as possible,” Paul told The Texas Tribune on Thursday.” Texas is better served if it knows exactly where the gold is rather than depending on the security of the Federal Reserve.”

    You’ve gotta love Ron Paul.  The guy is still raising hell even after he left Congress.

    Continue reading »

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    Feb 10

    See also:

    - Ron Paul Files International Trademark Complaint Against His Own Fans

    Flashback:

    - Ron Paul’s Biggest Supporter Is Bilderberger, International Financier Peter Thiel

    - Ron Paul And Freemasonry: Ritual And The Scottish Rite

    - No.1 Trend Forecaster Gerald Celente: Ron & Rand Paul Have Killed The Freedom Movement! … ‘LOSE ALL CREDIBILITY’! (Video)


    - Ron Paul Calls on United Nations to Confiscate Domain Names of His Supporters (RonPaul.com, Feb 8, 2013):

    Earlier today, Ron Paul filed an international UDRP complaint against RonPaul.com and RonPaul.org with WIPO, a global governing body that is an agency of the United Nations. The complaint calls on the agency to expropriate the two domain names from his supporters without compensation and hand them over to Ron Paul.

    On May 1st, 2008 we launched a grassroots website at RonPaul.com that became one of the most popular resources dedicated exclusively to Ron Paul and his ideas. Like thousands of fellow Ron Paul supporters, we put our lives on hold and invested 5 years of hard work into Ron Paul, RonPaul.com and Ron Paul 2012. Looking back, we are very happy with what we were able to achieve with unlimited enthusiasm and limited financial resources.

    Last month, after Ron Paul expressed regret on the Alex Jones show over not owning RonPaul.com (in an interview titled “Ron Paul: The Internet Is Our Last Chance to Awaken America“), dozens of supporters urged us to contact Ron Paul to work out a deal.

    We sent Ron Paul the following respectful offer [View/Download PDF File], explaining that we’d prefer to keep RonPaul.com due to reasons explained in our letter. Continue reading »

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    Feb 10

    Flashback:

    - Ron Paul’s Biggest Supporter Is Bilderberger, International Financier Peter Thiel

    - Ron Paul And Freemasonry: Ritual And The Scottish Rite

    - No.1 Trend Forecaster Gerald Celente: Ron & Rand Paul Have Killed The Freedom Movement! … ‘LOSE ALL CREDIBILITY’! (Video)


    The former congressman really wants control of RonPaul.com. His followers aren’t pleased.


    - Ron Paul Files International Trademark Complaint Against His Own Fans (Buzzfeed, Feb 9, 2013):

    Ron Paul has filed a complaint with the World Intellectual Property Organization against the proprietors of RonPaul.com and RonPaul.org, according to a blog post on their site on Friday.

    The authors of RonPaul.com see the move as the ultimate betrayal from a politician who, more than many others, depended on an astounding level of grassroots support on the Internet in order to keep his longshot presidential campaigns running.

    “Last month, after Ron Paul expressed regret on the Alex Jones show over not owning RonPaul.com (in an interview titled “Ron Paul: The Internet Is Our Last Chance to Awaken America”), dozens of supporters urged us to contact Ron Paul to work out a deal,” the owners of RonPaul.com write.

    They say they offered Paul the use of RonPaul.org as a “free gift” but wanted to keep RonPaul.com. Their price, should Paul really want RonPaul.com, was $250,000.

    “Claims that we tried to sell Ron Paul “his name” for $250k or even $800k are completely untrue, and there is little doubt that our mailing list would have enabled Ron Paul to raise several million dollars for the liberty movement this year. It would have been a win/win/win situation for everyone involved,” they write.

    Even more shocking to the proprietors is that Paul’s complaint was lodged with a U.N. agency, an organization that garners mistrust among libertarians. Continue reading »

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    Jan 27

    - Daniel Hannan Destroys The 3 Unquestionable Myths Of Our Crisis (ZeroHedge, Jan 26, 2013):

    The past and present bailouts of each and every bank (and ‘important’ industry) will, one day, be seen as a generational offense is how MEP Daniel Hannan begins this thoroughly British demolition of the three critical myths surrounding the crisis, that despite market optics, we are still living through. From the idea that capitalism has failed (it has not in his view, it has been ravaged by political pandering), to the crisis being caused by lack of regulation, and that greed is the single-driver of the mess that we remain in; Hannan suggests in a brief but extremely eloquent debate that there is a world of difference between being pro business and pro market as he destroys any semblance of credibility that the political (and elite) class has echoing a young Ron Paul in his thoroughly libertarian free-market sensibilities.


    YouTube

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    Jan 26

    - Taleb On “Skin In The Game” And His Disdain For Public Intellectuals (ZeroHedge, Jan 26, 2013):

    Nassim Taleb sits down for a quite extensive interview based around his new book Anti-Fragile. Whether the Black Swan best-seller is philosopher or trader is up to you but the discussion is worth the time as Taleb wonders rigorously from the basic tenets of capitalism – “being more about disincentives that incentives” as failure (he believes) is critical to its success (and is clearly not allowed in our current environment) – to his intellectual influences (and total disdain for the likes of Krugman, Stiglitz, and Friedman – who all espouse grandiose and verbose work with no accountability whatsoever). His fears of large centralized states (such as the US is becoming and Europe is become) being prone to fail along with his libertarianism make for good viewing. However, his fundamental premise that TBTF banks should be nationalized and the critical importance of ‘skin in the game’ for a functioning financial system are all so crucial for the current ‘do no harm’ regime in which we live. Grab a beer (or glass of wine, it is Taleb) and watch…

    Via Redmond Weissenberger of the Ludwig von Mises Institute Of Canada,

    A must see interview with Nassim Taleb

    Nassim Nicholas Taleb is a former trader and hedge fund manager, a best-selling author, and a ground-breaking theorist on risk and resilience.

    Taleb drew wide attention after the 2007 publication of The Black Swan: The Impact of the Highly Improbable, which warned that our institutions and risk models aren’t designed to account for rare and catastrophic events. Among other things, the book cautioned that oversized and unaccountable banks using flawed investment models could bring on a financial crisis. He also warned that the government-sanctioned housing finance agencies, Fannie Mae and Freddie Mac, were sitting on a “barrel of dynamite.”

    One year after The Black Swan was published, a global banking crisis was brought on by the very factors he identified. Continue reading »

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    Jan 21


    Retired Congressman Ron Paul

    - Paul slams US ‘king of world’ foreign policy (PressTV, Jan 19, 2013):

    Retired Congressman Ron Paul has condemned the US use of drones and the country’s ‘king of the world’ style foreign policy.

    Paul, who served 36 years as a US congressman and is a three-time presidential candidate, said in a Friday interview that minding its own business instead of getting involved militarily in the internal affairs of other states could have saved the US from bankruptcy.

    “What if we didn’t hate Muslims? We have to bring up a lot of hatred for us to go 6,000 miles away and kill people with drones. This is where the conflict is coming,” said Paul.

    “We have to beat the drums of war in this hatred that we go over and do these things and then all of a sudden we have an epidemic of suicides of American soldiers that come back [asking], ‘What am I doing over here shooting drone missiles and little kids dying?’”

    The former congressman said that the US fails to understand that there is “blowback” from its involvement overseas, and that the situation is going to get much worse, if the country does not accept to recognize the situation.

    Continue reading »

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    Jan 04

    - 65 Percent Of Americans Believe That 2013 Will Be A Year Of Economic Difficulty (Economic Collapse, Jan 3, 2013):

    Do you believe that economic trouble is coming in 2013?  If so, you have a lot of company.  According to a brand new Gallup poll that was just released, 65 percent of Americans believe that 2013 will be a year of “economic difficulty” while only 33 percent of Americans believe that 2013 will be a year of “economic prosperity”.  Gallup has been asking this question for a lot of years, and the percentage of Americans that are anticipating economic difficulty in the year ahead has not been this high since the early 1980s.  And without a doubt, there are a whole lot of reasons to be deeply concerned about the economy as we head into the new year.  But it isn’t just 2013 that Americans are pessimistic about.  According to the new Gallup poll, 50 percent of all Americans believe that the best days of America are behind us, and only 47 percent of all Americans believe that the best days of America are ahead of us.  Those are very sobering numbers.  Half the country believes that it is only downhill from here for the United States.  Unfortunately, they are exactly right.  Things are rapidly going to get worse for our economy and for our nation as a whole.  We are going to start reaping the consequences of decades of very foolish decisions, and the pain is going to be immense.

    Gallup asked some other very interesting questions as well.  The following are some of the other results from the poll

    -68 percent of Americans believe that 2013 will be a year of rising crime rates.

    -57 percent of Americans believe that 2013 will be a year in which American power will decline in the world.

    -82 percent of Americans believe that 2013 will be a year in which taxes in the United States will rise.

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    Dec 31

    - Ron Paul’s New Year’s Message to Congress: Follow the Constitution (Ron Paul , Dec 30, 2012):


    YouTube Added: 30.12.2012

    by Ron Paul

    As I prepare to retire from Congress I’d like to suggest a few New Year’s resolutions for my colleagues to consider. For the sake of liberty, peace and prosperity I certainly hope more members of Congress consider the strict libertarian-constitutional approach to government in 2013.

    In just a few days, Congress will solemnly swear to support and defend the Constitution of the United States against all enemies, foreign and domestic. They should read Article 1 Section 8 and the Bill of Rights before taking such a serious oath. Most legislation violates key provisions of the Constitution in very basic ways, and if members can’t bring themselves to say “no” in the face of pressure from the special interests, they have broken trust with their constituents and violated their oath. Congress does not exist to serve the special interests. It exists to protect the rule of law.

    I also urge my colleagues to end unconstitutional wars overseas. Stop the drone strikes. Stop the covert activities and the meddling in the internal affairs of other nations. Strive to observe good faith and justice towards all nations, as George Washington admonished. We are only making more enemies, wasting lives and bankrupting ourselves with the neoconservative interventionist mindset that endorses preemptive war that now dominates both parties.

    All foreign aid should end, which is blatantly unconstitutional. While it may be a relatively small part of our federal budget, for many countries it is a large part of theirs and it creates perverse incentives for both our friends and enemies. There is no way members of Congress can know or understand the political, economic, legal and social realities in the many nations to which they send taxpayers’ dollars.

    Congress needs to stop accumulating more debt. U.S. debt monetized by the Federal Reserve is the true threat to our national security. Revisiting the parameters of Article 1 Section 8 would be a good start.

    Congress should resolve to respect personal liberty and free markets. Learn more about the free market and how it regulates commerce and produces greater prosperity ever than any legislation or regulation.

    Understand that economic freedom is freedom. Resolve not to get in the way of voluntary contracts between consenting adults. Stop bailing out failed yet politically connected companies and industries. Stop forcing people to engage in commerce when they don’t want to, and stop prohibiting them from buying and selling when they want to. Stop trying to legislate your ideas of fairness. Protect property rights. Protect the individual. That is enough.

    There are many more resolutions I would like to see my colleagues in Congress adopt, but respect for the Constitution and the oath of office should be at the core of every single member’s of Congress due in 2013.

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