Sep
3
http://www.house.gov/paul
http://CampaignForLiberty.com
Last Saturday many concerned Americans watched in horror as the House passed the healthcare reform bill. If this bill makes it through the Senate, it would massively overhaul the way healthcare is delivered in this country. Today, obviously, we dont have a perfect system, but this legislation takes all the mistakes we are making with healthcare and makes them worse. Most of what is wrong with healthcare stems from decades of government intervention and the resulting unintended consequences.
But the governments prescription for the ills caused by intervention is always more intervention. We see this not only in healthcare policy, but also in foreign policy, in economic policy, and in monetary policy – basically, in all areas of public policy. It was even claimed that the House bill would increase competition in healthcare, and thereby improve the private sectors business model for insurance.
It is fascinating that politicians would use the language of the free market in this way to justify more corporatism. This demonstrates a couple of things. One, that politicians truly do not understand the very basic tenets of a free market. By definition, a free market is free from government intervention. But once a little intervention is accepted as legitimate, politicians will blame the problems created by their intervention on the free market and present themselves as saviors that must intervene even more.
It also demonstrates that politicians know that Americans still believe the free market is a good thing. People know and understand that competition among businesses is better for the consumer than a monopoly. However, competition between a private business and a government or government-favored entity is not real competition.
In real competition, your competitor can go bankrupt if they do a bad job. Everyone knows a government program is forever, no matter how poorly it performs. In real competition, efficiency is necessary for survival. In government programs, waste is rewarded as budgets are often determined by how much money a department is able to consume in a year. In real competition, one business does not have regulatory or taxation authority over its competitors. In real competition, businesses get sued and punished for breaking contracts and defrauding people, and are kept accountable in this way. But just try to sue the government when you are unjustly harmed by it!
The reason real competition is a good thing is because good businesses get bad ones out of the consumers way. Can the government put someone out of business? Most certainly! But it will have the opposite effect: an otherwise good business will be replaced by a poorly performing government agency, or a government-favored monolithic business that behaves almost like a government agency.
If Washington really wanted to give consumers more choices they would remove legislative and regulatory barriers to competition across state lines for health insurers. They would remove barriers for new and innovative models of healthcare and tort reform. They wouldnt have run so many church and charitable hospitals out of business. Washington is keenly interested in healthcare reform, but it is certainly not going to increase competition or to expand your options for healthcare.
Duration : 0:3:35
Jul
30
Ron Paul: Obama Stimulus Package Will Turn Recession Into Depression
Filed Under Recession | 26 Comments
The Congressman also appeared on MSNBC this morning to discuss the same issue.
One commentator suggested that Paul’s analysis was misguided because “The house is already on fire” and something must be done to put it out.
“You are correct, the house is on fire,” Paul fired back, “and you think you’re putting water on it, but I think you are pouring kerosene on it.” he added.
“We got into this mess by spending too much, borrowing too much and inflating too much. Government was too big and we had too many regulations. We had rejected the market economy for decades, we have rejected the notion of sound money for decades, and we got into a mess this way. So what is the proposal? Spend more money, borrow more money, print more money, regulate more, it makes no sense whatsoever.” Paul asserted.
The Congressman suggested that a more sound approach to the crisis would be to abolish income tax and business tax to get Americans spending, whilst simultaneously cutting overseas spending to cover revenue losses.
“But the problem is no one wants to cut the American Empire,” Paul explained.
“Even Obama’s administration wants to increase spending overseas and increase military spending. As long as you want to run the world empire at a trillion dollars a year, believe me you cannot solve this problem.” he added.
Duration : 0:9:58
Jul
24
YES WE CAN! REAL HOPE FOR AMERICA!
http://campaignforliberty.com/
Duration : 0:4:16
Jul
21
Joseph Stiglitz on America’s Economic Meltdown
Filed Under Economy | 25 Comments
Nobel prize-winning economist Joseph Stiglitz explains what drove the US economy off a cliff and what steps need to be taken to rectify the situation during a Nation Institute panel discussion held to mark the release of a new book: “Meltdown: How Greed and Corruption Shattered Our Financial System and How We Can Recover” by Katrina vanden Heuvel and the editors of The Nation.
Duration : 0:6:49
Jul
18
Pt 1/2 Prof Jeffrey Miron : No Banker Left Behind : on Alex Jones Tv HD
Filed Under Banker Bailout | 1 Comment
Alex welcomes to the show Harvard professor and libertarian economist Jeffrey Miron who was one of the 166 economists to sign a letter to congressional leaders in opposition to the banker bailout scheme.
http://prisonplanet.tv http://infowars.com http://LittleBrotherTV.blogspot.com http://researchris.blogspot.com http://infowarrior.infowars.com/
Duration : 0:10:32
Jul
9
Ron Paul’s Texas Straight Talk 4/12/10: The FCIC: Passing the Buck
Filed Under Healthcare Reform | 7 Comments
http://house.gov/paul
http://CampaignForLiberty.com
Last week the federal governments Financial Crisis Inquiry Commission held hearings as part of their continuing investigation into the causes of the acute economic meltdown which occurred in late summer 2008. This bipartisan commission, partly inspired by the Pecora Commission- which investigated the causes of the Great Depression- is expected to report back to Congress before the end of the year.
Things dont seem to be going well. The individuals questioned by the commission mostly seem to be diverting blame for the whole fiasco to someone else. Nobody is offering any tangible insights into the causes of the financial crisis.
Predictably, the commission will avoid calling any witnesses who might unequivocally indict the federal government for its role in the crisis, or suggest solutions which take away government power. Government commissions have a remarkable tendency to recommend granting even more power to the same useless government agencies that so utterly fail to prevent crises in the first place. We saw this with the Pecora Commission, we saw it after 9-11, and were seeing it again today with regard to financial regulations. For example, this latest commission almost certainly will suggest granting more power to the SEC, when in fact the SEC should be abolished as an embarrassing farce. Rest assured that this recommendation will be made without apology or sense of irony.
The reality is that the Federal Reserve relentlessly expanded the money supply through artificially low interest rates for over two decades, and this expansion of easy money caused a wholly predictable bubble. To a myopic Keynesian regulator, the bubble may appear to be caused by greed, but in truth it is completely predictable that humans will act in their own perceived self interest. If the Fed wants to dole out artificially cheap money, people and businesses- including Wall Street businesses- will line up to take it. We can condemn this as greed, but the fundamental problem is Fed policy itself. There will always be demand for cheap money, but we should not allow the Fed to debase our currency and create bubbles of false prosperity to satisfy that demand.
What the commission really needs are experts who understand free market economics rather than big government Keynesian fantasies. The commission has none of these, and has called no true free market witnesses. That perspective would only distract from their predetermined goals.
The commission will bemoan the complexity and inscrutability of our economic problems, but the solution is simple: allow freedom to operate in our markets. Allow U.S. financial, labor, and housing markets to normalize without political interference. Though solution is simple, and rather obvious, it would not be easy or painless, but wed be so much better off for it in the long run. It would require admitting fiat money is a tangled web of monetary deception prone to catastrophic failure. It would require allowing Americans to choose a system of sound money, where the money supply and interest rates are set by market forces rather than centralized economic planners. Unfortunately, fiat money is like a drug to a Congress hopelessly addicted to spending vastly more than the Treasury collects in revenues. Because of this, our problems can only get worse and more complex before they get better.
Duration : 0:3:51
Jul
6
Illuminati Banksters Run the Planet – Conspiracy Theory Become Reality – New World Order 2
Filed Under Banker Bailout | 4 Comments
http://www.ufovideo.net – illuminati reptilians america north american union 2012 reptoids banksters bailout banker bankers bailouts depression new world order nwo “Plane” and simple, 9/11 was an inside job, a hit on the American people, this is our generations JFK and Truth to Power is alive and well in the USA, the jig is up! JFK was killed because of his termination of Operation Northwoods (Google it) and his promise to eliminate the CIA. 9/11 was a modern day Operation Northwoods that succeeded! No matter how ya slice it, the Jet does NOT fit in the Pentagon Hole. BTW, the jet is a graphic, the photos are real in this simulation. Any way you slice it, the jet does NOT fit in the Pentagon hole! “If it Doesn’t Fit, Ya Must Acquit”…. Jet Fuel is kerosene, don’t let the Neo Con Artist Nazi’s fool you into submission, they have huge financing to spam the internet with paid Neo-Con employees to counter the “9/11 Truth Movement” because our numbers are getting too high for them now! We must be stopped! Fight the Power… don’t give up… we will prevail… the truth shall set you free… btw, both parties are bought and paid for, 2 sides of the same coin. 911 operation northwoods pentagon video inside job immortal technique obamacare martial law health care bill police state alex jones loose change videos nyc ufo jfk ron paul bilderberg russia conflict invasion of iran mccain obama girl election sarah palin nra cia federal reserve martial law fema coffins camps police abuse cops end the fed tea baggers teabaggers protest protests protesting iraq north korea pakistan
Duration : 0:2:39
Jun
30
New World Order – Fight for Freedom – Illuminati – NWO – Banksters Run & Own Everything
Filed Under Banker Bailout | 5 Comments
illuminati america north american union 2012 banksters bailout banker bankers bailouts depression new world order nwo “Plane” and simple, 9/11 was an inside job, a hit on the American people, this is our generations JFK and Truth to Power is alive and well in the USA, the jig is up! JFK was killed because of his termination of Operation Northwoods (Google it) and his promise to eliminate the CIA. 9/11 was a modern day Operation Northwoods that succeeded! No matter how ya slice it, the Jet does NOT fit in the Pentagon Hole. BTW, the jet is a graphic, the photos are real in this simulation. Any way you slice it, the jet does NOT fit in the Pentagon hole! “If it Doesn’t Fit, Ya Must Acquit”…. Jet Fuel is kerosene, don’t let the Neo Con Artist Nazi’s fool you into submission, they have huge financing to spam the internet with paid Neo-Con employees to counter the “9/11 Truth Movement” because our numbers are getting too high for them now! We must be stopped! Fight the Power… don’t give up… we will prevail… the truth shall set you free… btw, both parties are bought and paid for, 2 sides of the same coin. 911 operation northwoods pentagon video inside job immortal technique martial law police state alex jones loose change videos nyc ufo jfk ron paul bilderberg russia conflict invasion of iran mccain obama girl election sarah palin nra cia federal reserve martial law fema coffins camps police abuse cops end the fed tea baggers teabaggers protest protests protesting iraq north korea pakistan
Duration : 0:10:47
Jun
25
Financial Meltdown Collapse Crisis Bankster BailOuts Great Depression Banksters Stole Everything NWO
Filed Under Economic Depression | 7 Comments
http://www.ufovideo.net – Financial Meltdown Unemployment Rate Climbs after Stimulus Bankster BailOuts Economic Collapse Crisis Banksters Illuminati Martial Law Banksters Stole Your Grand Childrens Freedom to Socialism Soviet Union style welcome to Cuba Fascism Financial Meltdown Dictators Global Masters Martial Law Police State Alex Jones InfoWars Homeless in America USA Bilderberg Group American Fascists Home Mortgages Bubble Burst Home Evictions Mortgage End Game Breaking News Alert Eugenics CFR NWO Fema Camps New Orleans Katrina New World Order Coming Swine Flu Pandemic
Duration : 0:4:18
Jun
25
Pt 1/2 Prof Jeffrey Miron : No Banker Left Behind : on Alex Jones Tv HD
Filed Under Banker Bailout | Leave a Comment
Alex welcomes to the show Harvard professor and libertarian economist Jeffrey Miron who was one of the 166 economists to sign a letter to congressional leaders in opposition to the banker bailout scheme.
http://prisonplanet.tv http://infowars.com http://LittleBrotherTV.blogspot.com http://researchris.blogspot.com http://infowarrior.infowars.com/
Duration : 0:10:32