Freedom is Better Than Bailouts
Elected officials, who neither respect the Constitution nor understand its basic tenets, should be expelled from Washington and sent home to live under the conditions and mandates they have created.
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 [...]
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:Â How will we pay for this? While a few Members of Congress have raised the issue, it certainly was not the primary concern of [...]
Washington DC’s Intervention Addiction
by Rep Ron Paul One problem with politicians is that when problems they create come to a head, they typically feel this irresistible urge to DO something, rather than to UN-do something, or to simply back off to avoid exacerbating the situation. Too often, that which they end up doing has very little connection to [...]
Freddie and Fannie Bailout: Expensive to Taxpayers, and Destructive of Liberty.
by Rep Ron Paul Statement before the US House of Representatives on HR 3221 July 24, 2008 Madam Speaker, For several years, followers of the Austrian school of economics have warned that unless Congress moved to end the implicit government guarantee of Fannie Mae and Freddie Mac, and took other steps to disengage the US [...]
Freddie and Fannie: Unconstitutional
Bailouts of the failing Freddie Mac and Fannie Mae are not only unwarranted and unwise – but the existence of both these quasi-government/private organizations is unconstitutional from the very beginning. When looking at the constitutionality of government programs, it’s not necessary to be a law student, or an “expert” of any kind. The founding fathers [...]
