The Ron Paul Cage Fight

If you want more education in economics in under 10 minutes than Ben Bernanke got after spending four years at Harvard and a PhD at MIT – watch this video:

It is from this morning’s MSNBC show – Morning Joe.

It was a bare knuckled cage fight on the economy!

Ron Paul was the star. He kept knocking down every Keynesian expert, one after another as they kept coming at him. As they got up and came at him again he’d give them another beating. The hosts, like many other clueless Americans, seem to believe that the answer to America’s economic problems today is for government to spend more money. It is like saying we’re stuck in this hole – let’s dig deeper or now that we set the house on fire – let’s pour gasoline on it to save it.

“Fight Club was the beginning, now it’s moved out of the basement, it’s called Project Mayhem.”
– Tyler Durden (Brad Pitt in the 1999 film “Fight Club”)

NY Times: Ron Paul Intervew – Part 1

Ron Paul has been the only person who has solutions to the problems ailing our country.

Stephen J. Dubner, Author of “Freakanomics” conducts an interview for the NY Times:

Ron Paul Answers Your Questions

Excerpt:

Q: What active steps would you take toward reducing the size of the government?

A: The first thing I would do, which could be done rather quickly, is change our foreign policy. If you add up all of our overseas expenditures, we spend nearly $1 trillion every year. We have bases in 130 countries, 50,000 troops in Germany, and our brave military men and women bogged down in two wars in the Middle East.

By announcing that America will pursue a foreign policy of non-intervention, where we have trade, diplomacy, and travel — but where we don’t police the world and stay out of the internal affairs of other nations — we could cut that $1 trillion in half and still have a strong national defense to keep us safe. All that money we save could be used to address the entitlement system, making sure there will be funding there for people who have become dependent, while allowing young people to get out.

Secondly, I would begin to reassert respect for the Tenth Amendment. The Constitution does not authorize so many things that the federal government currently does. I would look to phase out entire departments and return these functions to the states as the Constitution intended. The Departments of Education and Energy would be on the top of my list.

Finally, I would look to our monetary system. Government can only tax its people so much before they say no. So the government expands the money supply when it has taxed and borrowed all it can. This inflation is a hidden tax that falls squarely on the middle class. Sound, honest money would go a great way towards reining in the big-spending politicians.

Read the complete interview by clicking here.

Obama Ad in the Israeli Newspaper Haaretz

Here’s an Ad from the Israeli newspaper Haaretz that appeared on June 6, 2008:

OBAMA

Every child in Israel
Knows by now that
There will be no peace
Without dividing Jerusalem.

But the candidate
Barack Obama
Declared this week that
“United” Jerusalem must be
The capital of Israel alone.

Don’t his advisors know
That this worn-out mantra
Is becoming obsolete
Even in Israel?

Another year of occupation has passed. Tomorrow, Saturday, at 5.30 PM, a protest march will start at Allenby-Rothschild in Tel-Aviv. Join!

“The Road to Serfdom” in Cartoons

Vlad Tarko created this five minute film based on the book “The Road to Serfdom” by F. A. Hayek.

About the book:

The Road to Serfdom by F. A. Hayek remains one of the all-time classics of twentieth-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural history. With trademark brilliance, Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of. Addressing economics, fascism, history, socialism and the Holocaust, Hayek unwraps the trappings of socialist ideology. He reveals to the world that little can result from such ideas except oppression and tyranny. Today, more than fifty years on, Hayek’s warnings are just as valid as when The Road the Serfdom was first published.

It is one of the books recommended by Ron Paul on his reading list at the end of “The Revolution”.