Tuesday

LIBERTY WAS ALSO ATTACKED IN BOSTON by RON PAUL

Forced lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause.

Businesses forced to close. Transport shut down.

These were not the scenes from a military coup in a far off banana republic, but rather the scenes just over a week ago in Boston as the United States got a taste of martial law. The ostensible reason for the military-style takeover of parts of Boston was that the accused perpetrator of a horrific crime was on the loose. The Boston bombing provided the opportunity for the government to turn what should have been a police investigation into a military-style occupation of an American city. This unprecedented move should frighten us as much or more than the attack itself.

What has been sadly forgotten in all the celebration of the capture of one suspect and the killing of his older brother is that the police state tactics in Boston did absolutely nothing to catch them. While the media crowed that the apprehension of the suspects was a triumph of the new surveillance state – and, predictably, many talking heads and Members of Congress called for even more government cameras pointed at the rest of us – the fact is none of this caught the suspect. Actually, it very nearly gave the suspect a chance to make a getaway.

The “shelter in place” command imposed by the governor of Massachusetts was lifted before the suspect was caught. Only after this police state move was ended did the owner of the boat go outside to check on his property, and in so doing discover the suspect.

No, the suspect was not discovered by the paramilitary troops terrorizing the public. He was discovered by a private citizen, who then placed a call to the police. And he was identified not by government surveillance cameras, but by private citizens who willingly shared their photographs with the police.

As journalist Tim Carney wrote last week:
“Law enforcement in Boston used cameras to ID the bombing suspects, but not police cameras. Instead, authorities asked the public to submit all photos and videos of the finish-line area to the FBI, just in case any of them had relevant images. The surveillance videos the FBI posted online of the suspects came from private businesses that use surveillance to punish and deter crime on their property.”
Sadly, we have been conditioned to believe that the job of the government is to keep us safe, but in reality the job of the government is to protect our liberties. Once the government decides that its role is to keep us safe, whether economically or physically, they can only do so by taking away our liberties. That is what happened in Boston.

Three people were killed in Boston and that is tragic. But what of the fact that over 40 persons are killed in the United States each day, and sometimes ten persons can be killed in one city on any given weekend?
These cities are not locked-down by paramilitary police riding in tanks and pointing automatic weapons at innocent citizens.

This is unprecedented and is very dangerous. We must educate ourselves and others about our precious civil liberties to ensure that we never accept demands that we give up our Constitution so that the government can pretend to protect us.

Thursday

WHAT I THINK........TOM WOODS

The Daily Caller wags its finger at the Ron Paul Institute for Peace and Prosperity because of the two libertarian professors it has on its board, Butler Shaffer and Walter Block. (Thanks to Lew Rockwell for the link.)

The problems with these men are many:

(1) For some reason, they seem to think the U.S. government may not be altogether trustworthy.

(2) They believe in the absolute right to private property against all forms of aggression, a principle that informs their thinking on all other issues.

(3) Consequently, they do not look at the world through a jingo’s glasses. They do not say, “We are awesome and everyone hates us for our awesomeness.”

(4) Their starting point for evaluating the justice of war is the private-property analysis of Murray Rothbard. This is wrong. Their starting point should be, “USA! USA!”

(5) They do not believe that if someone is murdered, they may walk down the street shooting every which way, hoping to get the murderer. They do not believe they may do this even if they wear a U.S. flag lapel pin, or a military uniform, while doing it. They believe that the killing of innocents is a moral evil and a violation of rights

(6) That’s another thing: they hold to a very strict view of individual rights to life, liberty, and property.

(7) Consequently, they judge the rightness or wrongness of military intervention not according to the maxim “I’m an American and you’re a stupid towelhead, so eat lead,” but on the basis that the initiation of aggression against innocent parties is not allowed, by any party.

Sunday

CONGRESS EXPLOITS OUR FEARS TO TAKE OUR LIBERTY by RON PAUL

This week, as Americans were horrified by the attacks in Boston, both houses of Congress considered legislation undermining our liberty in the name of “safety.” Gun control continued to be the focus of the Senate, where an amendment expanding federal “background checks” to gun show sales and other private transfers dominated the debate. While the background check amendment failed to pass, proponents of gun control have made it clear they will continue their efforts to enact new restrictions on gun ownership into law.

While it did not receive nearly as much attention as the debate on gun control, the House of Representatives passed legislation with significant implications for individual liberty: the Cyber Intelligence Sharing and Protection Act (CISPA). CISPA proponents claim that the legislation is necessary to protect Americans from foreign “cyber terrorists,” but the real effect of this bill will be to further erode Americans’ online privacy.

Under CISPA, Internet corporations are authorized to hand over the private information of American citizens to federal agents, as long as they can justify the violation of your privacy in the name of protecting “cyber security”. Among the items that may be shared are your e-mails, browsing history, and online transactions.

Like the PATRIOT Act, CISPA violates the fourth amendment by allowing federal agencies to obtain private information without first seeking a warrant from a federal judge. The law also allows federal agencies to pass your information along to other federal bureaucrats — again without obtaining a warrant. And the bill provides private companies with immunity from lawsuits regardless of the damage done to anyone whose personal information is shared with the government.

CISPA represents a troubling form of corporatism, where large companies cede their responsibility to protect their property to the federal government, at the expense of their customers’ privacy and liberty. In this respect, CISPA can be thought of as an electronic version of the Transportation Security Administration, which has usurped the authority over airline security from private airlines. However, CISPA will prove to be far more invasive than even the most robust TSA screening.

CISPA and the gun control bill are only the most recent examples of politicians manipulating fear to con the people into giving up their liberties. Of course, the people are told the legislation is for “limited purposes,” but authority granted to government is rarely, if ever, used solely for the purpose for which it is granted. For example, the American people were promised that the extraordinary powers granted the government by the PATRIOT Act would only be used against terrorism. Yet soon after the bill became law, reports surfaced that it was being used for non-terrorism purposes. In fact, according to data compiled by the American Civil Liberties Union, 76 percent of the uses of the controversial “sneak-and-peak” warrants where related to the war on drugs!

Sadly, I expect this week’s tragic attacks in Boston to be used to justify new restrictions on liberty. Within 48 hours of the attack in Boston, at least one Congressman was calling for increased use of surveillance cameras to expand the government’s ability to monitor our actions, while another Senator called for a federal law mandating background checks before Americans can buy “explosive powder.”

I would not be surprised if the Transportation Security Administration uses this tragedy to claim new authority to “screen” Americans before they can attend sporting or other public events. The Boston attack may also be used as another justification for creating a National ID Card tied to a federal database with “biometric” information. The only thing that will stop them is if the American people rediscover the wisdom of Benjamin Franklin that you cannot achieve security by allowing government to take their liberties.

Monday

WHY CAN'T WE ALL GO TO CUBA by RON PAUL

Earlier this month, entertainers Jay-Z and BeyoncĂ© were given a license by the US government to travel to Cuba. Because it is not otherwise legal for Americans to travel to Cuba, this trip was only permitted as a “cultural exchange” by the US Treasury Department. Many suspect that the permission was granted at least partly due to the fame, wealth, and political connections of the couple.

Some Members of Congress who continue to support the failed Cuba embargo, demanded that the Administration explain why these two celebrities were allowed to visit Cuba. The trip looked suspiciously like tourism, they argued in a letter to the White House, and American tourism is still not allowed in Cuba. They were photographed eating at the best restaurants, dancing, and meeting with average Cubans, which these Members of Congress frowned on.

Perhaps it is true that this couple used their celebrity status and ties to the White House to secure permission to travel, but the real question is, why can’t the rest of us go?

The Obama administration has lifted some of the most onerous restrictions on travel to Cuba imposed under the previous Bush administration, but for the average American, travel to the island is still difficult if not impossible.

However, even those who are permitted to go to Cuba are not allowed to simply engage in tourist activities -- to spend their money as they wish or relax on a beach.

The US government demands that the few Americans it allows to travel to Cuba only engage in what it deems “purposeful travel,” to “support civil society in Cuba; enhance the free flow of information to, from, and among the Cuban people; and help promote their independence from Cuban authorities.” They must prove that they maintain a full-time schedule of educational activities, according to Treasury guidelines for “people-to-people” travel.

Leave it to the federal government to make the prospect of visiting that sunny Caribbean island sound so miserable.

The reason the US so severely restricts and scripts the activities of the few Americans allowed to travel to Cuba is that it believes travel must promote the goal of taking “important steps in reaching the widely shared goal of a Cuba that respects the basic rights of all its citizens.”

Although I have no illusions about the Cuban government – or any government for that matter -- it is ironic that the US chose to locate a prison at Guantanamo Bay, Cuba because the indefinite detention and torture that took place there would have been illegal on US soil. Further, the US government continues to hold more than 100 prisoners there indefinitely even though they have not been found guilty of a crime and in fact dozens are “cleared for release” but not allowed to leave.

Does the administration really believe that the rest of the world is not annoyed by its “do as we say, not as we do” attitude?

We are told by supporters of the Cuba embargo and travel ban that we must take such measures to fight the communists in charge of that country. Americans must be prohibited from traveling to Cuba, they argue, because tourist dollars would only be used to prop up the unelected Castro regime.
Ironically, our restrictive travel policies toward Cuba actually mirror the travel policies of the communist countries past and present. Under communist rule in the former Soviet Union and elsewhere it was only the well-connected elites who were allowed to travel overseas – people like Jay-Z and BeyoncĂ©. The average citizen was not permitted the right.

Although the current administration’s slight loosening of the restrictions is a small step in the right direction, it makes no sense to continue this nearly half-century old failed policy. Freedom to travel is a fundamental right. Restricting this fundamental right in the name of human rights is foolish and hypocritical.

Tuesday

WHAT I THINK.........LEW ROCKWELL

I’ve had the privilege of knowing Ron Paul for 37 years. I worked as his chief of staff during his early years in Congress, and he played an important role when I opened the Mises Institute, where he has served as our distinguished counselor ever since.

He’s the same person in private life that he is in public: thoughtful, decent, humble, self-effacing, and generous in acknowledging his intellectual debts.

These are not qualities people associate with political figures. That’s part of the reason Ron became such a phenomenon.

More than anything else, Ron has been a teacher throughout his years in public life. In his articles and speeches, and even in the bills he introduced, he sought to convey the philosophy of liberty and what that philosophy implies for our daily lives. His books, which include numerous bestsellers, have done the same thing. Compare Ron’s books to Mitt Romney’s, and you’ll see what I mean.

But as the person who reached more people with the message of liberty than anyone in our time, Ron has also taught us how that message can and must be spread. I want to talk about five of these lessons tonight.

#1 The subject of war cannot, and should not, be avoided.

First and foremost, Ron is a critic of the warfare state.

The war in Iraq, which was still a live issue when Ron first ran for the Republican nomination, had been sold to the public on the basis of lies that were transparent and insulting even by the US government’s standards. The devastation – in terms of deaths, maimings, displacement, and sheer destruction – appalled every decent human being.

Yes, the Department of Education is an outrage, but it is nothing next to the horrifying images of what happened to the men, women, and children of Iraq. If he wasn’t going to denounce such a clear moral evil, Ron thought, what was the point of being in public life at all?

Still, this is the issue strategists would have had him avoid. Just talk about the budget, talk about the greatness of America, talk about whatever everyone else was talking about, and you’ll be fine. And, they neglected to add, forgotten.

But had Ron shied away from this issue, there would have been no Ron Paul Revolution. It was his courageous refusal to back down from certain unspeakable truths about the American role in the world that caused Americans, and especially students, to sit up and take notice.

While still in his thirties, Murray Rothbard wrote privately that he was beginning to view war as "the key to the whole libertarian business." Here is another way Ron Paul has been faithful to the Rothbardian tradition. Time after time, in interviews and public appearances, Ron has brought the questions posed to him back to the central issues of war and foreign policy.

Worried about the budget? You can’t run an empire on the cheap. Concerned about TSA groping, or government eavesdropping, or cameras trained on you? These are the inevitable policies of a hegemon. In case after case, Ron pointed to the connection between an imperial policy abroad and abuses and outrages at home.

Inspired by Ron, libertarians began to challenge conservatives by reminding them that war, after all, is the ultimate government program. War has it all: propaganda, censorship, spying, crony contracts, money printing, skyrocketing spending, debt creation, central planning, hubris – everything we associate with the worst interventions into the economy.

Robert Higgs, in his classic book Crisis and Leviathan, showed how war left longstanding scars on American society, as power and wealth grabbed by the federal government during wartime were never relinquished in their entirety when hostilities ended. When Franklin Roosevelt launched his New Deal in the 1930s, he appealed to ideological and statutory precedents established during the American involvement in World War I.

But Ron Paul permanently changed the nature of the discussion on war and foreign policy. The word "nonintervention" rarely appeared in foreign-policy discussions before 2007. Opposition to war was associated with anti-capitalist causes. That is no longer the case.

Ron kept insisting that there was no real foreign policy debate in America because all we were allowed to do was argue over what kind of intervention the US government should pursue. Whether intervention itself was desirable, or whether the bipartisan assumptions behind US foreign policy were sound – this was not even mentioned, much less debated.

In exposing the fraudulent American foreign policy debate, Ron exposed an overlooked truth about American political life. The debates Americans are allowed to have are ones in which the real decisions have already been made: income tax or consumption tax, fiscal stimulus or monetary stimulus, sanctions or war, later war or war right away. With debates like these, it hardly matters who wins. Ron pulled back the curtain on all of it.

#2 Tell the truth.

It wasn’t just on war that Ron defied the censors of opinion. Ask Ron Paul a question, and you get an answer. In Miami he said the embargo on Cuba needed to be lifted. In South Carolina he stuck to his guns on the drug war. He never ran away from a question, or twisted it, in spin-doctor fashion, into the question he wished he had been asked.

And the audiences kept growing: thousands and thousands of students were coming out to see him, at a time when his competitors could barely fill half a bingo hall.

Ron knew that the philosophy of liberty, when explained persuasively and with conviction, had a universal appeal. Every group he spoke to heard a slightly different presentation of that message, as Ron showed how their particular concerns were addressed most effectively by a policy of freedom.

When Ron first spoke to the so-called values voters, for example, he was booed for saying he worshipped the Prince of Peace. The second time, when he again made a moral case for freedom, he brought the house down. But he did not pander to them nor to anyone else, and he never abandoned the philosophy that brought him into public life in the first place. No one had the sense that there was more than one Ron Paul, that he was trying to satisfy irreconcilable groups. There was one Ron Paul.

#3 The problem is not one person, nor one party.

Michelle Malkin writes books about the corruption in Democratic administrations. The same books could be written about Republican administrations, and indeed they sometimes are, by the partisans of the other side. Meanwhile, Americans are tricked into thinking that we just need to root out a few bad apples, or that the problems we face are caused by this or that group of occupants of the seats of power.

Ron rarely gets worked up about some government functionary who had been receiving some graft. Yes, this is wrong, and yes, the guy should be sacked.

But to spend inordinate time on the scandal of the day is to suggest that if only we had good people in charge, the system would work. The vast bulk of what the state does shouldn’t be done at all, with good or bad people, and whatever else it does can be far better managed by free individuals.

If a government official spends inordinate sums on vacations and luxuries, or is exposed for being on the take, be assured that the person’s political opponents will be all over the story. Meanwhile, the inherent corruption of the system itself, with its systematic expropriation and redistribution, is ignored. But that is by far the more important story, and it’s the only one that really deserves our attention.

#4 There is more to life, and more to liberty, than politics.

Before leaving Washington and electoral politics, Ron delivered an extraordinary farewell address to Congress. The very fact that Ron could deliver a wise and learned address only goes to show he was no run-of-the-mill congressman, whose intellectual life is fulfilled by talking points and focus-group results.

That a farewell address seemed so appropriate for Ron in the first place, while it would have been risible for virtually any of his colleagues, reflected Ron’s substance and seriousness as a thinker and as a man.

In that address Ron did many things. He surveyed his many years in Congress. He made a reckoning of the advance of the state and the retreat of liberty. He explained the moral ideas at the root of the libertarian message: nonaggression and freedom. He posed a series of questions about the US government and American society that are hardly ever asked, much less answered. And he gave his supporters advice on spreading the message in the coming years.

"Achieving legislative power and political influence," he said, should not be our goal. Most of the change, if it is to come, will not come from the politicians, but rather from individuals, family, friends, intellectual leaders, and our religious institutions. The solution can only come from rejecting the use of coercion, compulsion, government commands, and aggressive force, to mold social and economic behavior.

How many bills did Ron Paul get passed, his neoconservative opponents demand to know. I think of it this way. No one is going to remember any bill that Rick Santorum’s advisers drafted for him. No one is going to remember Rick Santorum. Ron Paul, on the other hand, will be remembered. Of how many other congressmen can it be said that they (1) urged students to read thousand-page treatises on economics, and (2) the students actually did it?

Today, at a major homeschool convention in Ohio, Ron announced the Ron Paul Homeschool Curriculum. His program covers Kindergarten through 12th grade. Students will be exposed to thinkers they would never encounter in a government school. They will know history and economics better than anyone their age.

They will learn public speaking, and writing, and social media. They will emerge as top-notch ambassadors of the ideas Ron has championed his whole life. They will, I predict, join Young Americans for Liberty.

There is no bill that Newt Gingrich, or Rick Santorum, or the rest of them ever got passed that amounts to a grain of sand compared to what Ron Paul will accomplish in just this one endeavor, by educating young students.

#5 The Fed cannot be ignored.

No focus groups urged Ron to talk about the Federal Reserve. No politician had made an issue of the Fed in an election in its 100-year history. Stick to the script, the professionals would have said: lower taxes and lower spending, the monotonous refrain uttered by every Republican politician, who typically has no interest in carrying through with either one anyway.

Yet Ron pointed to the Fed as the source of the boom-bust cycle that has harmed so many Americans. His dogged insistence on this point got a great many Americans curious: what, after all, was the Fed, and what was it up to? An unlikely issue, to be sure, and yet it was his willingness to talk about it that in my view helps to account for much of his fundraising success. There was a small but untapped portion of the public that responded with enthusiasm to Ron’s very mention of the Fed, and they wanted more.

Here again, had Ron adopted conventional political advice, he would have forfeited these historic moments and the Ron Paul phenomenon would have been greatly diminished, if not compromised altogether.

Only a few months after Ron officially suspended his 2008 campaign, the financial crisis struck. Just as Ron had said, there was something indeed wrong with the economy. His opponents, meanwhile, were exposed as the fools and charlatans we knew them to be. Just one week before that crisis hit, Herman Cain was dismissing all complaints and warnings about the economy as nothing but an anti-Republican media conspiracy.

John McCain, meanwhile, the party’s nominee, had said the fundamentals of the economy were sound, and that although he wasn’t an expert on the economy, he was reading Alan Greenspan’s book.

Because he hadn’t hesitated to say what he believed, even if it meant dealing with an issue no political operative would have encouraged him to discuss, Ron was a prophet. That point alone opened countless more people to Ron’s ideas: here was the only guy in Washington who warned us of what was to come. (And incidentally, has there been a time in American history in which more people were reading – and writing! – anti-Fed books?)

People could see, too, that Ron hadn’t just gotten lucky in 2007 and 2008. In 2001, Ron said on the House floor that the Fed-fueled bubble in tech stocks, which had just burst, was being replaced by a Fed-fueled real-estate bubble, which would burst just as surely.

* * * * *

I mentioned earlier that Ron has left politics. To the media, for whom political life is everything, that meant Ron would henceforth be invisible. They wish.

Ron is putting his money where his mouth is: when he says there’s more to life than politics, he means it. And he’s going to prove it.

I already mentioned his forthcoming homeschool curriculum, which will be enormously influential and do more good than we can imagine.

But he is going to do so much more: in television production, with a new website, in commentary, in speaking, with a new institution on the most important issue, with new books--including a homeschooling manifesto--and much more.

When a well-known radio host asked Ron what he’d be doing in retirement, Ron responded, "Well, they’re not putting me in a rocking chair, I can tell you that!"

You can say that again. Ron is stepping everything up.

I am convinced that historians, whether or not they agree with him, will continue to marvel at Ron Paul for many, many years to come. Libertarians a century from now will be in disbelief at the very notion that such a man actually served in the US Congress of our time.

But my purpose tonight has not solely been to pay tribute to Ron, though I am always happy to honor my friend – whose shining example deserves far more than my own words. In reviewing Ron’s public life, I’ve picked out ideas and lessons that must live on.

It is your great task, the young men and women of this organization – which developed out of Students for Ron Paul – who have taken such inspiration from this great man, to embody these ideas and lessons.

For what is Ron’s legacy? It is all of you. You reflect what Ron has stood for his whole life. You crave knowledge and understanding. You are not afraid to stand against the establishment – in fact, you relish it. You know the message of liberty will grow not by running away from it, minimizing it, compromising it, or being ashamed of it, but by embracing the great moral ideal it represents.

America and the world are groaning under the burden of war, fiat money, economic crisis, expanding police states, and official lawlessness. It’s true that we predicted the outcome we’re seeing today, but more importantly, we also know the way out.

If you love and want to spread Ron Paul’s message at this critical moment in history, follow his example. It is the only sure path for those who believe in liberty, and who seek its triumph in our lifetimes.

HOMESCHOOLING: THE FUTURE OF LIBERTY by RON PAUL

Unfortunately, the current US administration does not see it that way, and has announced that it is appealing Judge Burman's decision. If the administration is successful, the Romeikes could be sent back to Germany where they will be forced to send their children to schools whose teaching violates their religious beliefs. If they refuse, they face huge fines, jail time, or even the loss of custody of their children!

The Administration’s appeal claims that the federal government has the constitutional authority to ban homeschooling in all fifty states. The truth is, the Constitution gives the federal government no power to control any aspect of education. Furthermore, parents who, like the Romeikes, have a religious motivation for homeschooling should be protected by the free exercise clause of the First Amendment.

The federal government’s hostility to homeschooling is shared by officials at all levels of government. Despite the movement’s success in legalizing homeschooling in every state, many families are still subjected to harassment by local officials. The harassment ranges from “home visits" by child protective agencies to criminal prosecution for violating truancy laws.

Every American who values liberty should support the homeschoolers’ cause. If the government can usurp parental authority over something as fundamental as the education of their children, there is almost no area of parenthood off limits to government interference.

Homeschooling has proven to be an effective means of education. We are all familiar with the remarkable academic achievements, including in national spelling bees and other competitions, by homeshcooled children. In addition, homeschooled students generally fare better than their public school educated peers on all measures of academic performance.

It makes sense that children do better when their education is controlled by those who know their unique needs best, rather than by a federal bureaucrat. A strong homeschooling movement may also improve other forms of education. If competition improves goods and services in other areas of life, why wouldn't competition improve education? A large and growing homeschooling movement could inspire public and private schools to innovate and improve.

When the government interferes with a parent's ability to choose the type of education that is best for their child, it is acting immorally and in manner inconsistent with a free society. A government that infringes on the rights of homeschooling will eventually infringe on the rights of all parents.

Homeschooled children are more likely to embrace the philosophy of freedom, and to join the efforts to restore liberty. In fact, I would not be surprised if the future leaders of the liberty movement where homeschooled.

I believe so strongly in the homeschooling movement that I have just announced my own curriculum for homeschooling families. Please visit this revolutionary new project at http://www.ronpaulcurriculum.com.

WHAT i THINK.........LEW ROCKWELL

s an establishment site, the warmongering Politico has always hated and feared Ron Paul. Here is their latest attack, within the context of a broader article. First, they associate Ron with traditional libertarianism, which they describe as "pro-pot, pro-porn, pro-pacifist." Needless to say, Ron has never used pot nor porn, but he does believe in the individual's right to decide what goes into his mind and into his body. The state seeks control over both, of course.

Nor is Ron a pacifist – an ancient charge against those who oppose constant war. He believes in the right to self-defense, but he does not believe in the initiation of violence, whether by private criminals or the state. The state has recently taken more than a million lives in its imperialist anti-Muslim wars. Ron Paul has opposed them with all his heart and soul. He is a man of peace and the golden rule, in his private life and his policy.

Next, Politico tells us that "Ron Paul epitomized to a swath of voters the caricature of a goofy grandpa who invests in gold, stockpiles guns, sees black helicopters whirling overhead and quotes Friedrich Hayek."

Of course, Ron Paul is the most ungoofy guy you could know. He is thoughtful, careful, serious, well read, eloquent, an important public intellectual. It's true he's patiently invested in gold over many years, and made a good deal of money. Hurrah for him!

Ron does not "stockpile guns," unlike the government, though he supports gun rights for private citizens. And if they want to collect guns, that's their business. He doesn't see black helicopters, though he does deplore the drones that spy on us for the police state, and which can kill us, too, on presidential whim. And yes, he quotes the great Austrian economist Hayek, and Mises, Rothbard, Sennholz, and the others, too. He has also read the works of these men.

However, I do like this quote: Ron "recounted Richard Nixon’s infamous declaration as president that 'we’re all Keynesians now'" – “'We’re all Austrians now,' Paul pronounced with a sense of looming triumph, a reference to the school of economics that most values the free market."

Then Politico refers to Ron's "ride into the sunset." They wish! Ron can barely keep up with the flood of speaking invitations from universities and financial groups. He is hot. And he has just announced the extraordinary Ron Paul Homeschool Curriculum, to educate children K-12 in real economics, real history, and everything else they need, including public speaking, writing for publication, and social media. Talk about building for the future! He also has a new homeschool manifesto coming out to join his list of bestsellers, and he has other books in the works.

He is founding a new institution that will especially bug the bad guys. More on this later. And he is involved in television production, a new website, and a host of other ways to reach Americans by circumventing the regime. Riding into the sunset? It's morning in Ron Paul's America!

Monday

THE GREAT CYPRUS BANK ROBBERY by RON PAUL

The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer's Greek debt restructuring resulted in losses equivalent to more than 25 percent of Cyprus' GDP. These banks then took their bad investments to the government, demanding a bailout from an already beleaguered Cypriot treasury. The government of Cyprus then turned to the European Union (EU) for a bailout.

The terms insisted upon by the troika (European Commission, European Central Bank, International Monetary Fund) before funding the bailout were nothing short of highway robbery. While bank depositors have traditionally been protected in the event of bankruptcy or liquidation, the troika insisted that all bank depositors pay a tax of between 6.75 and 10 percent of their total deposits to help fund the bailout.

While one can sympathize with EU taxpayers not wanting to fund yet another bailout of a poorly-managed banking system, forcing the Cypriot people to pay for the foolish risks taken by their government and bankers is also criminal. In their desire to punish a “tax haven” catering supposedly to Russian oligarchs, the EU elites ensured that ordinary citizens would suffer just as much as foreign depositors. Imagine the reaction if in September 2008, the US government had financed its $700 billion bank bailout by directly looting American taxpayers' bank accounts!

While the Cypriot parliament rejected that first proposal, they will have no say in the final proposal delivered by the EU and IMF: deposits over 100,000 euros are likely to see losses of at least 40 percent and possibly as much as 80 percent. “Temporary” capital controls that were supposed to last for days will now last at least a month and might remain in effect for years.

Especially affected have been the elderly, who were unable to use ATMs or to transfer money electronically. Despite the fact that ATMs severely limited the size of withdrawals during the two week-long bank closure, reports indicated that account holders who had access to Cypriot bank branches in London and Athens were able to withdraw most of their funds, leading to speculation that there would be no money available when banks finally opened up again. In other words, the supposed Russian oligarch money may well be already gone.

Remember that under a fractional reserve banking system only a small percentage of deposits is kept on hand for dispersal to depositors. The rest of the money is loaned out. Not only are many of the loans made by these banks going bad, but the reserve requirement in Euro-system countries is only one percent! If just one euro out of every hundred is withdrawn from banks, the bank reserves would be completely exhausted and the whole system would collapse. Is it any wonder, then, that the EU fears a major bank run and has shipped billions of euros to Cyprus?

The elites in the EU and IMF failed to learn their lesson from the popular backlash to these tax proposals, and have openly talked about using Cyprus as a template for future bank bailouts. This raises the prospect of raids on bank accounts, pension funds, and any investments the government can get its hands on. In other words, no one's money is safe in any financial institution in Europe. Bank runs are now a certainty in future crises, as the people realize that they do not really own the money in their accounts. How long before bureaucrat and banker try that here?

Unfortunately, all of this is the predictable result of a fiat paper money system combined with fractional reserve banking. When governments and banks collude to monopolize the monetary system so that they can create money out of thin air, the result is a business cycle that wreaks havoc on the economy. Pyramiding more and more loans on top of a tiny base of money will create an economic house of cards just waiting to collapse. The situation in Cyprus should be both a lesson and a warning to the United States. We need to end the Federal Reserve, stay away from propping up the euro, and return to a sound monetary system.