| 01 December 2011
Thomas Jefferson, author of the Declaration of Independence of the United States, wrote in an 1816 letter to writer John Taylor: "I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity in the name of funding, is but swindling futurity on a large scale." Thomas Jefferson’s prediction has come true; today banking establishments are more powerful than politicians, and our ‘futurity’ is being endangered by huge government debts. Powerful politicians are making efforts to curtail financial freedoms and tax citizens to whatever extent possible.
Yet we still live in a golden age of freedom and technology. Our good fortune was made possible by a group of determent men who believed people have unalienable rights of life, liberty and the pursuit of happiness. The American Revolution and its great success have made America an example to the world to this day. Even now as the United States has lost most of its economical, technological and most importantly, its constitutional advantage, the country is still setting trends for the rest of the world. Therefore the importance of the upcoming elections and the selection of the republican candidate should not be underestimated. It will determine if the world will continue toward more taxes, more global governance, more debt and more militarism, or whether we will move in the opposite direction of freedom, peace and prosperity.
Of all candidates for the republican primaries, only one has the credentials to restore liberty: Ron Paul. The twelve term congressman from Texas, obstetrician and army veteran became involved in politics after president Nixon left the gold standard in 1971. Paul, a staunch defender of the constitution and student of Austrian economics, foresaw the inevitable failure of paper money and with it a duty to do prevent future economic disaster and a decline of liberty. He began to run for Congress and represented his district for 12 terms. During his years in office, he never voted to raise taxes. 40 years later, Paul is running for president on the same platform of limited constitutional government.
In the past Dr. Paul ran for president for the Libertarian party in 1988 and the Republican party in 2008. But unlike these past campaigns where his success remained marginal, his present bid is catching momentum. Paul is now third place in nation-wide polls, second in the early primary state of New Hampshire and is in statistical tie for first place in Iowa polls. His success follows in spite of a corporate media blackout and is the result of huge efforts made by his supporters. The constant flip-floppingof his establishment opponents does not hurt him either. Paul´s ideas are increasingly popular due to the continuous wars and bailouts that have characterized the Obama administration.
As president, Ron Paul would like to:
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Withdraw all American troops from 900 bases in 130 countries worldwide
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End the wars
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Abolish the personal income tax
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Abolish five government departments and reduce the federal deficit by one trillion in his first year
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End American participation in internationalist organizations such as the IMF, World bank and the OECD
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Leave moral issues such as abortion, gay marriage and drug regulations for individual states to decide
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Cut all foreign aid including aid to Israel
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Audit the federal reserve bank
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Allow gold and silver currencies to compete with the dollar as legal tender
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Allow young people to opt-out from social security
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Reduce the president´s salary to the average salary of the US worker
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End welfare for illegal immigrants
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Bring an end to bail outs, farm subsidies and other forms of corporate welfare
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Abolish Obamacare and allow for nationwide competition in health insurance
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Reduce corporate tax to 15%
While some of his proposals are subject to personal political preference, his proposals for the economy are not. America is the main drive behind curtailing financial freedoms. Without support from the US organizations such as the OECD would be held in contempt by low tax jurisdictions. If the US were to stop overspending, cut the size of government and significantly lower taxes, it could once again light the path for the whole world. But Ron Paul can be more than just a conservative president: he would be the first president since Kennedy to go after the Federal Reserve Bank and its cronies. By allowing silver and gold to compete with paper money created by the FED, we could see a gradual recovery from our current debt problem. That vision alone should be enough for anybody to support Ron Paul for president.
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