End the fed is written in an easy to understand, conversational tone making the ideas within very accessible to just about anyone. Unfortunately, the remedy cant be accomplished in half measures. After being urging to do so by several readers, i finally read ron paul s end the fed. Ron paul recently discussed what the fed has done, how it tries to keep things going, and the inevitable economic crisis that is coming. The book debuted at number six on the new york times best seller list and advocates the abolition of the united states federal reserve system because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty. Rand paul, son of the maverick presidential candidate, is. Ron pauls end the fed is equal parts an indictment of the federal reserve system actions in the last 96 years and a blueprint to repair the damage that the actions have caused. Rand paul doesnt go that far, but has repeatedly introduced bills that would allow congress to audit the. Ron paul was famous for his call to end the fed, the title of his 2009 book. Led by presidential candidate ron pauls end the fed mantra, republicans have made their attacks on the u. Congressman paul shines the bright light of truth of. With the new congress fully installed, now seems the right time to have a look at pauls short but wellexecuted 2009 book, end the fed.
The bipartisan agreement has something for everyone a 22 billion dollars increase to bring total spending on militarism to 738 billion dollars, and a 27. I just finished ron pauls end the fed and i must say it is a tremendous read. End the fed ron pauls latest book and an action item. I was about to buy it for the kindle i got for christmas, but when i got to work monday morning there was a package in my mailbox from gary howard at paul s campaign for liberty with two copies of the book. Rand paul on big government, oneworld government, the fed, the amero, secret agendas, and more. It may have taken 34 years, but ron paul has arrived, and he doesnt plan to squander the moment. The book debuted at number six on the new york times best seller list and advocates the. Though this is only about 150 pages long, rothbard is able to go into detail about the theories surrounding fractional reserve banking and central banking, the specific history of central banking in america, and his plan to abolish the fed.
Fully loaded demo of the web template features ron paul and the youtube video of alex jones draft of ron paul for 2012. The questionable aspects involve pauls predicted results. What is especially impressive here is that pauls book goes far beyond oldtime. It remains to be seen whether pauls fed provision can make it through the full house and the senate. Hunter, who was the official blogger in ron pauls 2012 presidential campaign and coauthor of rand pauls tea party book, was respected by some libertarians.
This book and its bottomline recommendation that the united states should return to the gold standard and abolish the federal reserve system tend to be dismissed out of hand by many. At first glance, abolishing the federal reserve and returning to the. I found the book to be a relatively easy read, but found myself often stopping to think about what was proposed, so it took a bit longer to get through than expected. Ron pauls plans for taxes, spending and social security. But in end the fed, ron paul draws on american history, economics, and fascinating stories from his own long political life to argue that the fed is both corrupt and unconstitutional. At, you can see the view of every candidate on every issue. Patriot club monthly contributors are critical to campaign for libertys work to beat back ongoing assaults on our liberties in congress and lay the foundation for a vibrant liberty movement that lasts long into the future. Of course, the feds steady erosion of the dollars purchasing power has made prices anything but stable, while the boomandbust cycle created by the fed ensures that periods of low unemployment will not last for long. Buy ron pauls important foreign policy book swords into plowshares here. At first glance, abolishing the federal reserve and returning to the gold standard seems a quaintly eccentric idea, but texas congressman paul presents a plan to. Ron paul will, in 2011, become the chairman of the subcommittee on domestic.
Ron pauls, end the fed serves as a grand demonstration of gods providence ordering all things that come to pass. Paul has written a book called end the fed, but his plan calls only for auditing the central banksomething hes been. Pauls bill came to the floor wednesday with 270 cosponsors. The obama administration wants the financialoverhaul bill, but it isnt clear that it would support the addition of pauls auditthefed provision. End the fed is pauls story of how the country ended up with a lot of debt not necessarily through informed choices but because of our. In fact, last year he published a book called end the fed, calling for an end to the. Income taxes personal deductions and tax credits retirement plans. Ron paul wins a key battle in war to open feds books november 19, 2009 5. End the fed, by ron paul, dated 200909, excerpts by ron paul and rand paul and others, tired of media reports of fundraising and poll results instead of policy issues. While i dont agree with all of ron paul s views, the man makes an interesting case for a new monetaryeconomic system in end the fed. Paul first ran for president as the libertarian party candidate in 1988.
The comments posted with the link above also provide interesting, but perhaps not erudite, reading. Ron paul and the banks news the dispatch lexington, nc. Ron paul is best known for his vehemently isolationist foreign policy views. Congressman ron pauls bill may never pass, but history suggests the us economy would be better off without the federal reserve. Most people think of the fed as an indispensable institution without which the countrys economy could not properly function. Ron pauls demand to end the fed has become rand pauls milder demand to audit the fed. But his core supporters also thrill to his selftaught monetary views, which amount to a rejection of everything taught by modern economists from alfred marshall to milton friedman. I was about to buy it for the kindle i got for christmas. Ron paul wins a key battle in war to open feds books. Chapter 2 of end the fed by ron paul grand central publishing, 2009, pp. Rand paul on big government, oneworld government, the fed. The ron paul institute for peace and prosperity is a special project of the foundation for rational economics and education, a nonprofit established by ron paul in 1976. The case for gold audiobook by ron paul, lewis lehrman.
How presidential candidate ron pauls campaign could end the fed. The company has also started a contest for web developers with the grand prize of a sign copy of ron pauls new end the fed book. Paul presents a plan to eliminate our countrys central bank, and return. Should politicians be allowed to meddle with the central bank. How presidential candidate ron pauls campaign could end. The 1978 humphreyhawkins act requires the federal reserve to promote stable prices and full employment. His mix of anecdotes, insight into the political arena, historical references, simple sentences, and vivid vocabulary.
Paul has written a book called end the fed, but his plan calls only for auditing the central banksomething hes been trying to do as a legislator. The political positions of ron paul rtx, united states presidential candidate in 1988, 2008, and 2012, are generally described as libertarian, but have also been labeled conservative. No reflects both his medical degree and his assertion that he will never vote for legislation unless the proposed measure is expressly authorized by the constitution. Unlike most everything else on that is published under creative commons, it cannot be reposted or republished, but blogs and sites are welcome to link here. In previous years ron paul has introduced legislation to end the federal reserve but it never got any traction. Pauls book end the fed was published in september 2009, and he continued his crusade against the federal bank into his second run for the republican presidential nomination in 2012. Paul also offers a realistic plan for abolishing the fed, if not immediately then with. Rarely has a dissent on a government commission done so much good. This is the third book ive finished from paul, and his writing style remains solid. Some economists and policy makers claim that the way to stop the federal reserve from causing economic chaos is not to end the fed but to force the fed to adopt a rulesbased monetary policy. The publisher controls reprint permissions for this chapter, and has given permission to to run this. The result was the case for gold, and it was the greatest result of the commission.
That shift toward pragmatism has alienated some hardcore libertarians, who accuse rand paul. Murray rothbard, in customary fashion, destroys the myths surrounding the federal reserve in the case against the fed. Rand pauls leading a libertarianish revolution the. The fed has created a mountain of problems for everyone in the united states and every single solution that they come up with leads to even more problems. The bickering over impeachment did not stop the president and congress from coming together last week to avert a government shutdown by passing a 1. What is especially impressive here is that pauls book goes far beyond oldtime populist attacks on the banking elites. Federal reserve into an election year rallying cry. How congress and the federal reserve stole christmas, by. Here is an elegant summary of both the philosophy and the praxis. It is a private bank that prints our money and loans it to us with interest. Under the control of this venerable institution, inflation has soared. At first glance, abolishing the federal reserve and returning to the gold standard seems a quaintly eccentric idea, but texas congressman paul presents a plan.
End the fed is a 2009 book by congressman ron paul of texas. While i dont agree with all of ron pauls views, the man makes an interesting case for a new monetaryeconomic system in end the fed. The majority was dominated by monetarists, who saw gold as too scarce and paper as just fine. Insightful and interesting, ron paul has written another book furthering the ideals of economic liberty. This book discusses several consequences of the federal reserve system, many unintended and unforeseen. Why did you build up ron pauls end the fed supporters, only to tear down their hopes that the fed is the source of all our economic ills. Ron pauls team was ready, however, with this marvelous minority report. Bizarre spending habits since my 2008 campaign for the presidency i have often been asked, how would a constitutionalist president go about dismantling the welfarewarfare state and restoring a constitutional republic. Paul also has a clearly articulated view on the american banking system, laid out forcefully in his 2009 book, end the fed. During this most recent session of congress an effort by ron paul to have a full audit of the federal reserve conducted gathered quite a bit of momentum for. The plan for the fed to dramatically increase the size of its balance sheet by trillions to counterbalance. This is a very important question, because without a clear road map and set of priorities, such a president runs the risk of having his profreedom.
In the december 29, 2009 time magazine article visiting ron pauls fedfree utopia, justin fox provides a critique of ron pauls book, end the fed. However, in it, his dominion is an eternal dominion. A rejoinder to david frum digg this according to david frum. In fact, when you consider that bitcoin was built on explicitly austrian origins, its possible that ron pauls impact didnt only help restrain the fed, but actually inspired very real solutions to governmentcontrolled fiat currency. And it is from a man who has been fighting the fed his entire political career. Get a copy of ron pauls new book, end the fed and youll know just what those early americans felt upon reading some of the most powerful words ever written. Of course, this is a political document, and on that basis its easy to see why pauls been around so long and did better than most expected in his 2008 presidential runhes a gifted communicator, able to. Ron paul no longer only one asking who needs the fed. By the end of the book youll support that demand as he does a convincing job in showing that our nations economic problems are magnified and often even brought on as a direct result of the actions of the federal reserve. Ron paul, the texas republican who is perhaps the federal reserves most implacable enemy, scored a big win thursday on capitol hill. After being urging to do so by several readers, i finally read ron pauls end the fed.
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