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An Increasingly Fascist America

Comingling public control of private business is known as fascism. While today’s politicians may feel emboldened with all their new power, history will only repeat itself as all this collapses on itself.

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Trampling the Constitutional Role of Regulation

Prior to 1937, Congress’s role in the regulation of commerce was quite simply defined as the “movement of goods” between states, and put most production and manufacturing outside of the regulatory power of Congress. This definition has essentially been abandoned ever since the Supreme Court, in 1937, upheld an act allowing Congress to regulate many aspects of labor through the National Labor Relations Board.

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Stimulus for Who?

by Rep Ron Paul This week the House is expected to pass an $825 billion economic stimulus package.  In reality, this bill is just an escalation of a government-created economic mess.   As before, a sense of urgency and impending doom is being used to extract mountains of money from Congress with minimal debate.  So much [...]

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Strengthening or Weakening the Economy?

by Rep Ron Paul The economic situation continues to deteriorate this week as past and future bailouts were discussed on Capitol Hill.  The debate was over the accountability of already disbursed TARP money, and on whether or not to release remaining funds.   Banks that had already been bailed out before are looking for more money [...]

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Economic Freedom or Socialist Intervention?

by Rep Ron Paul The freedom to fail is an essential part of freedom.  Government- provided financial security necessitates relinquishing the very essence of freedom.  Last week, the big 3 American automakers came back to Capitol Hill with their hands out to the government.  Congress spent this past week debating how much money to give [...]

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The Bailout Surge

by Rep Ron Paul This week the bailout of the Big Three automakers was under heavy consideration in Congress’s lame duck session.  I have always opposed government bailouts of private organizations.  Back in 1979 Congress had hearings about bailing out Chrysler and I was on record pointing out that these types of policies are foolish [...]

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Spending the Economy into Oblivion

by Rep Ron Paul With news this week that Congress is poised to consider a new stimulus package, I am forced to again ask a question that seems silly in Washington:  How will we pay for this? While a few Members of Congress have raised the issue, it certainly was not the primary concern of [...]

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Capitalism Without Capital?

by Rep Ron Paul It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases have been placed in “must pass” legislation as a means to guarantee that Republicans as well as Democrats would vote for [...]

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The Mother of all Bailouts and the 10th Amendment

by Savage Baptist, No Blog of Significance Look, here’s the text of the Tenth Amendment to the United States Constitution: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. Simple enough, ain’t it? If the Constitution [...]

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Economics and the Meltdown

by Rep Ron Paul The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment [...]

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A $21 Trillion Tax Cut

by James Ostrowski, Mises.org – 3/20/2001 President Bush has proposed a $1.6 trillion tax cut. I would like to suggest that the president modify his tax proposal. He should increase the size of his tax cut to $21 trillion. Well, it’s not really a $21 trillion tax cut. It’s a $2.1 trillion tax cut. I [...]

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