Monday

REPEAL, DON'T REFORM THE IMF by RON PAUL

A responsible financial institution would not extend a new loan of between 17 and 40 billion dollars to a borrower already struggling to pay back an existing multi-billion dollar loan. Yet that is just what the International Monetary Fund (IMF) did last month when it extended a new loan to the government of Ukraine. This new loan may not make much economic sense, but propping up the existing Ukrainian government serves the foreign policy agenda of the US government. Since the IMF receives most of its funding from the United States, it is hardly surprising that it would tailor its actions to advance the US government’s foreign policy goals. The IMF also has a history of using the funds provided to it by the American taxpayer to prop up dictatorial regimes and support unsound economic policies. Some may claim the IMF does promote free markets by requiring that countries receiving IMF loans implement some positive economic reforms, such as reducing government spending. However, other conditions imposed by the IMF, such as that the country receiving the loan deflate its currency and implement an industrial policy promoting exports, do not seem designed to promote a true free market, much less improve the people’s living standards by giving them greater economic opportunities. The problem with the IMF cannot be fixed by changing the conditions attached to IMF loans. The fundamental problem with the IMF is that it is funded by resources taken forcibly from the private sector. By taking resources out of private hands and giving them to IMF bureaucrats, government distorts the marketplace, harming both American taxpayers and the citizens of the countries receiving the IMF loans. The idea that the IMF is somehow better able to allocate capital than are private investors is just as flawed as every other form of central planning. The IMF must be repealed, not reformed. The IMF is not the only US institution that manipulates the global economy. Over the past several years, a mysterious buyer, identified only as “Belgium,” so named because the buyer acts through a Belgian-domiciled account, has become the third-largest holder of Treasury securities. Belgium's large purchases always occur at opportune times for the US government, such as when a foreign country sells a large amount of Treasuries. “Belgium” also made large purchases in the months just after the Fed launched the quantitative easing program. While there is no evidence this buyer is working directly with the US government, the timing of these purchases does raise suspicions. It is not out of the realm of possibility that the Federal Reserve is involved in these purchases. The limited audit of the Federal Reserve’s actions during the financial crisis that was authorized by the Dodd-Frank Act revealed that the Fed actively intervenes in global markets. What other deals with foreign governments is the Fed making? Is the Fed, like the IMF, working to bail out Greece and other EU countries? Is the Fed working secretly to aid US foreign policy as it did in the early 1980s, when it financed loans to then-US ally Saddam Hussein? The lack of transparency about the Fed’s dealings with overseas central banks and foreign governments is one more reason why Congress needs to pass the audit the fed bill. By taking money from American taxpayers to support economically weak and oftentimes corrupt governments, the IMF distorts the market, enriches corrupt governments, and harms both the American taxpayer and the residents of the counties receiving IMF "aid." It is past time to end the IMF along with all instruments of American interventionist foreign policy.

Saturday

YEMAN EXPLODING: IS THE STAGE SET FOR THE BIG WAR? by RON PAUL

Rapid changes are occurring in Yemen. Ever since United States had to leave its military base there, other powers have been lining up to benefit from the chaos. It has been revealed that Saudi Arabia has commenced bombing targets in Yemen. Egypt has announced its support for the Saudi effort. I am quite confident that this support is in compliance with our instructions to our puppet leader now in charge in Egypt. The current president of Yemen, Hadi, a leader who took over after the Arab Spring revolution, has been removed from power. He is said to have escaped to Saudi Arabia, and those who are now in charge in Yemen will most likely kill him if he returns. Yemen has been instrumental in the US effort to fight al-Qaeda in the region. Unsuccessfully, I might add. The Houthis who have deposed Hadi are said to get their support from Iran and are now likely the strongest political force in the country. But they will not have an easy time of it. Too much is at stake for the United States and Saudi Arabia. We don’t read much about the Saudi Air Force being involved in military conflict, but the seriousness of the situation has prompted them to do exactly that. There are also reports that 150,000 or more troops are massed near the borders of Yemen for a probable invasion. It is assumed that other Arab nations will be involved, along with Egypt. One report said that it appears the country is “sliding toward a civil war.” I would suggest that it’s past sliding toward the civil war, and, rather, is involved deeply in a civil war that is now spreading outside its own borders. The neoconservatives, I am sure, will blame everything on Iran. And it’s likely Iran may have been involved in giving some type of support to the Shia that now are on the verge of taking over the country. But one must ask, “How does this compare to the support the United States has given to over 100 countries in recent years, with a major portion going to the Middle East?” There’s a big difference between a country becoming involved in a crisis next door and a country getting involved 6000 miles away. It looks like the former president, Ali Abdullah Saleh, a military dictator who was deposed in the Arab Spring revolution, is now aligned with the Shia Houthis who are supported by Iran. This will not be tolerated by the United States, and we can expect the US to provide indirect military assistance to those who are prepared to invade Yemen and install a US friendly dictator. Foreign forces’ bombs and occupation will serve to unify the citizens of Yemen despite their other differences. As a matter of fact, it’s been our presence in this country for more than a decade that has been an aggravating factor. The fact that al-Qaeda type rebel forces have done well in the various countries in recent years is because they gain support from the local people with the promise that the foreign invaders will be expelled. This certainly is true when it comes to the type of support that the people give, tacit or otherwise, to the very ruthless ISIS forces. It amazes me how these ragtag rebels can out-fight and outfox various countries whose forces are larger and better armed. The so-called rebels find that their promise to expel the invaders is a strong motivating factor to gain support for the military resistance. The catch-22 is that the more we or any other nation try to subdue a foreign country, the stronger the opposition becomes. This new expansion of the war in Yemen is a bad sign. The situation could easily worsen, involve many countries, and last for a long time to come. The stage for the “Big War” may well be set and we will be hearing a lot more about Yemen and the Arabian Peninsula in the coming months. If this war gets out of hand, I would expect that the benefits of $45 per barrel of oil will soon end. There is no doubt in my mind that the American people — financially and for security reasons — would be better served if we just came home and avoided these nonsensical military interventions that are carried out in behalf of various special interests that control our foreign policy.

Wednesday

AFTER A TWELVE YEAR MISTAKE IN IRAQ, WE MUST JUST MARCH HOME by RON PAUL

Twelve years ago last week, the US launched its invasion of Iraq, an act the late General William Odom predicted would turn out to be “the greatest strategic disaster in US history.” Before the attack I was accused of exaggerating the potential costs of the war when I warned that it could end up costing as much as $100 billion. One trillion dollars later, with not one but two “mission accomplished” moments, we are still not done intervening in Iraq. President Obama last year ordered the US military back into Iraq for the third time. It seems the Iraq “surge” and the Sunni “Awakening,” for which General David Petraeus had been given much credit, were not as successful as was claimed at the time. From the sectarian violence unleashed by the US invasion of Iraq emerged al-Qaeda and then its more radical spin-off, ISIS. So Obama sent the US military back. We recently gained even more evidence that the initial war was sold on lies and fabrications. The CIA finally declassified much of its 2002 National Intelligence Estimate on Iraq, which was the chief document used by the Bush Administration to justify the US attack. According to the Estimate, the US Intelligence Community concluded that: ‘[W]e are unable to determine whether [biological weapons] agent research has resumed…’ And: ‘the information we have on Iraqi nuclear personnel does not appear consistent with a coherent effort to reconstitute a nuclear weapons program.’ But even as the US Intelligence Community had reached this conclusion, President Bush told the American people that Iraq, “possesses and produces chemical and biological weapons” and “the evidence indicates that Iraq is reconstituting its nuclear weapons program.” Likewise, Defense Secretary Donald Rumsfeld’s “bulletproof” evidence that Saddam Hussein had ties with al-Qaeda was contradicted by the National Intelligence Estimate, which concluded that there was no operational tie between Hussein’s government and al-Qaeda. Even National Security Advisor Condolezza Rice’s famous statement that the aluminum tubes that Iraq was purchasing “are only really suited for nuclear weapons programs, centrifuge programs,” and “we don’t want the smoking gun to be a mushroom cloud,” was based on evidence she must have known at the time was false. According to the NIE, the Energy Department had already concluded that the tubes were “consistent with applications to rocket motors” and “this is the more likely end use.” It is hard to believe that in a society supposedly governed by the rule of law, US leaders can escape any penalty for using blatantly false information – that they had to know at the time was false – to launch a pre-emptive attack on a country that posed no threat to the United States. The fact that they got away with it simply makes it all the easier for Washington’s interventionists to try the same tricks again. They already did with Libya and Syria. It is likely they are also doing the same with claims of a Russian “invasion” of Ukraine. Last week President Obama correctly blamed the current chaos in Iraq on the Bush Administration’s decision to invade. He said, “… ISIL is a direct outgrowth of al Qaeda in Iraq that grew out of our invasion. Which is an example of unintended consequences. Which is why we should generally aim before we shoot.” However, if the US intervention in Iraq created the “unintended consequences” of ISIS and al-Qaeda, how is it that more US intervention can solve the problem? A war based on lies cannot be fixed by launching another war. We must just march home. And stay home.

Saturday

WHY DO AMERICAN WEAPONS END UP IN OUR ENEMIES' HANDS by RON PAUL

'It happens so often you wonder whether it is due to total ineptness or a deliberate policy to undermine our efforts overseas. It’s most likely a result of corruption and unintended consequences, combined with a foreign policy that makes it impossible to determine who are our friends are and who are our enemies. One would think that so many failures in arming others to do our bidding in our effort to control an empire would awaken our leaders and the American people and prompt policy changes. A recent headline in Mother Jones read: “US Weapons Have A Nasty Habit of Going AWOL.” The report was about $500 million worth of military equipment that is unaccounted for in Yemen. Just as in so many other places, our policy of provoking civil strife in Yemen has been a complete failure. At one time it was announced that there was a great victory in a war being won with drones assisting groups that claimed to be on our side in the Yemen Civil War. As usual, we could have expected that these weapons would end up in the hands of the militants not on the side of United States and would never be accounted for. There are numerous examples of how our foreign intervention backfires and actually helps the enemy. Just recently a headline announced: “CIA cash sometimes refills al-Qaeda coffers.” This was a story of our government helping pay ransom to al-Qaeda for the release an Afghan diplomat. However this was a measly $5 million so it was not considered a big deal. Another headline just recently announced that, “Iraqi army downs two UK planes carrying weapons for ISIL.” The Iraqi army is supposed to be on our side, and many people believe the UK is also on our side as well. One thing for sure the American taxpayer pays for all this nonsense. Building weapons and seeing them end up in the hands of the enemy is almost a routine event and one should expect it to continue to happen under the circumstances of the chaos in the Middle East. This represents a cost to the American taxpayer and is obviously a major contributing factor in what will be the ultimate failure of our plan to remake the Middle East. This is bad enough, and the only people who seem to benefit from it are those who are earning profits in the military-industrial complex. But there is something every bit as bad as our weapons ending up in the hands of the jihadists and being used against us. That is, the fact that our presence there, our weapons, and our bombs, are the best recruiting tool for getting individuals to join the fight against America’s presence in so many conflicts around the world. If our leaders cannot understand the arguments against our current policies based on the Constitutional and moral principles, they ought to at least be willing to pay attention to the impracticality of a policy that almost always seems to backfire, is always very expensive, and is always detrimental to our national defense. Someday out of necessity we will be forced to consider a policy that the Founders advocated. Friendship with all nations, peace, commerce, and avoidance of all entangling alliances while staying out of the internal affairs of other nations. Unless something miraculous happens, I fear that this will not be accomplished until we are forced to come to our knees in the midst of a colossal bankruptcy.

Monday

IRAN FIGHTING ISIS - IS IT REALLY A PROBLEM? by RON PAUL

As Iran continues to take an active role in helping Iraq fight ISIS, many US neocons are upset that the US military is not over there on the ground doing the fighting. They want Americans believe that only another US invasion of Iraq – and of Syria as well – can defeat ISIS. But what is wrong with the countries of the region getting together and deciding to cooperate on a common problem? While the entry of Iranian-backed Shi’ite militias into ISIS-occupied areas may not be ideal – there is bound to be revenge killings and sectarian fighting – it is far more likely that the ISIS problem will be solved by the countries in the region than by US bombs and ground troops. Our bombs will continue to make the problem worse because it was our bombs that helped create the problem in the first place. What the neocons who lied us into the Iraq war don’t like to admit is that there was no ISIS problem and no al-Qaeda problem in Iraq and Syria before we invaded Iraq. ISIS is an idea, not a country or an army, which is why the US declaring war on ISIS makes no sense. It is clear that if we really want to defeat ISIS, the last thing we should be doing is bombing and sending troops back to Iraq and into Syria. Our bombs and involvement in the region only serve to recruit more fighters into ISIS. To make matters worse, many of these radicalized fighters come from Europe and even the US. What happens when they go home? What if the US had not gotten involved with Iraq in 1990 when Saddam Hussein went into Kuwait after getting what he thought was a green light from the first Bush Administration? The interventionists were saying that if we did not act, Saddam Hussein was going to take over the region and perhaps more! But what about the other countries in the region that may have felt threatened? Maybe Saudi Arabia would have made a move; maybe Israel would have taken care of the problem. Why does it always have to be the US? The dedicated neocons and other interventionists will not cheer Iran currently taking steps to defeat ISIS even though they claim that ISIS is at this time the number one threat to the US. Why don’t they like this good news? Because they desire the rest of the world to believe that the US is the only indispensable nation. They want the rest of the world – and especially the American taxpayer – to believe that no problem anywhere can be solved without US involvement. It diminishes our prestige, they argue, for us not to take the lead in every conflict everywhere on the globe. Perhaps if people overseas begin to see that they can solve their own local and regional problems without the US military involved, more Americans would come to see the neocons as the real threat to our national – and financial – security. Instead of being angered at Iranian help to address the problem of ISIS, perhaps we should send them a “thank you” note.

GREEN LIGHT FOR THE AMERICAN EMPIRE by RON PAUL

The American Empire has been long in the making. A green light was given in 1990 to finalize that goal. Dramatic events occurred that year that allowed the promoters of the American Empire to cheer. It also ushered in the current 25-year war to solidify the power necessary to manage a world empire. Most people in the world now recognize this fact and assume that the empire is here to stay for a long time. That remains to be seen. Empires come and go. Some pop up quickly and disappear in the same manner. Others take many years to develop and sometimes many years to totally disintegrate. The old empires, like the Greek, Roman, Spanish and many others took many years to build and many years to disappear. The Soviet Empire was one that came rather quickly and dissipated swiftly after a relatively short period of time. The communist ideology took many decades to foment the agitation necessary for the people to tolerate that system. Since 1990 the United States has had to fight many battles to convince the world that it was the only military and economic force to contend with. Most people are now convinced and are easily intimidated by our domination worldwide with the use of military force and economic sanctions on which we generously rely. Though on the short term this seems to many, and especially for the neoconservatives, that our power cannot be challenged. What is so often forgotten is that while most countries will yield to our threats and intimidation, along the way many enemies were created. The seeds of the American Empire were sown early in our history. Natural resources, river transportation, and geographic location all lent itself to the development of an empire. An attitude of “Manifest Destiny” was something most Americans had no trouble accepting. Although in our early history there were those who believed in a powerful central government, with central banking and foreign intervention, these views were nothing like they are today as a consequence of many years of formalizing the power and determination necessary for us to be the policeman of the world and justify violence as a means for spreading a particular message. Many now endorse the idea that using force to spread American exceptionalism is moral and a force for good. Unfortunately history has shown that even using humanitarian rhetoric as a justification for telling others what to do has never worked. Our move toward empire steadily accelerated throughout the 20th century. World War I and World War II were deadly for millions of people in many countries, but in comparison the United States was essentially unscathed. Our economic power and military superiority steadily grew. Coming out of World War II we were able to dictate the terms of the new monetary system at Bretton Woods as well as the makeup of all the international organizations like NATO, the United Nations, and many others. The only thing that stood in America’s way between 1945 and 1990 was the Cold War with the Soviet Union. Significant events of 1990 sealed the fate of the Soviet Empire, with United States enjoying a green light that would usher in unchallenged American superiority throughout the world. Various names have been given to this war in which we find ourselves and is which considered necessary to maintain the empire. Professor Michael Rozeff calls it the “Great War II” implying that the Great War I began in 1914 and ended in 1990. Others have referred to this ongoing war as “The Long War.” I hope that someday we can refer to this war as the “The Last War” in that by the time this war ends the American Empire will end as well. Then the greatness of the experiment in individual liberty in our early history can be resumed and the force of arms can be replaced by persuasion and setting an example of how a free society should operate. There are several reasons why 1990 is a significant year in the transition of modern day empires. It was a year that signaled the end of the USSR Empire and the same year the American Empire builders felt vindicated in their efforts to assume the role of the world’s sole superpower. On February 7, 1990 the Central Committee of the Communist Party of the Soviet Union met and ceded its monopoly political power over its empire. This was followed in a short period of time with the breakup of the Soviet system with 15 of the 17 republics declaring their independence from Moscow. This was not a total surprise considering the fact that the Soviets, in defeat, were forced to leave Afghanistan in February 1989. Also later that year, on November 9, 1989, the Berlin wall fell. Obviously the handwriting was on the wall for the total disintegration of the Soviet system. The fact that the Communist Party’s leaders had to concede that they no longer could wield the ominous power that the Communist Party exerted for 73 years was a seminal event. None of this could have been possible without significant policy changes instituted by Mikhail Gorbachev after his assuming power as president in 1985, which included Glasnost and Perestroika—policies that permitted more political openness as well as significant economic reforms. These significant events led up to the Soviet collapse much more so than the conventional argument that it was due to Ronald Reagan’s military buildup that forced the Soviets into a de facto “surrender” to the West. The other significant event of 1990, and not just a coincidence, was the “green light” message exchanged between April Glaspie and Saddam Hussein on July 25, 1990. Though the details of this encounter have been debated, there is no doubt that the conclusion of it was that Saddam Hussein was convinced that the United States would not object to him using force to deal with a dispute Iraq had with Kuwait. After all, the US had just spent eight years aligning itself with him in his invasion and war with the Iranians. It seemed to him quite logical. What he didn’t realize was the significance of the changes in the world powers that were ongoing at that particular time. The Soviets were on their way out and the American Empire was soon to assert its role as the lone super power. The US was anxious to demonstrate its new role. When one reads the communications between Washington and Iraq, it was not difficult to believe that a green light had been given to Saddam Hussein to march into Kuwait without US interference. Without this invasion, getting the American people to support a war with Iraq would have been very difficult. Before the war propaganda by the US government and the American media began, few Americans supported President Bush’s plans to go to war against an ally that we assisted in its eight-year war against Iran. After several months of propaganda, attitudes changed and President Bush was able to get support from the US Congress, although he argued that that was unnecessary since he had obtained a UN resolution granting him the authority to use his military force to confront Saddam Hussein. The need for Constitutional authority was not discussed. US ambassador April Glaspie was rather explicit in her comments to Saddam Hussein: “we have no opinion on Arab – Arab conflicts, like your border disagreement with Kuwait.” The US State Department had already told Saddam Hussein that Washington had “no special defense or security commitments to Kuwait.” It’s not difficult interpreting conversations like this as being a green light for the invasion that Hussein was considering. Hussein had a list of grievances regarding the United States, but Glaspie never threatened or hinted about how Washington would react if Hussein took Kuwait. Regardless, whether it was reckless or poor diplomacy, the war commenced. Some have argued that it was deliberate in order to justify the beginning of the United States efforts in rebuilding the Middle East – a high priority for the neoconservatives. Actually whether the invasion by Saddam Hussein into Kuwait was encouraged or permitted by deliberate intentions or by miscalculations, the outcome and the subsequent disaster in Iraq for the next 25 years was a result of continued bad judgment in our dealing with Iraq. That required enforcing our goals with military intervention. The obvious failure of this policy requires no debate. On August 1, 1990, one week after this exchange between ambassador Glaspie and Saddam Hussein, the invasion of Kuwait by Iraq occurred. Immediately following this attack our State Department made it clear that this invasion would not stand and President Bush would lead a coalition in removing Iraqi forces from Kuwait. On January 17, 1991, that military operation began. The forced evacuation of Iraqi troops from Kuwait was swift and violent, but the war for Iraq had just begun and continues to this day. It also ushered in the climactic struggle for America’s efforts to become the official and unchallenged policeman of the world and to secure the American Empire. President Bush was not bashful in setting the stage for this clearly defined responsibility to assume this role since the Soviet Empire was on the wane. A very significant foreign policy speech by Bush came on September 11, 1990 entitled, “Toward a New World Order.” This was a clear definition of internationalism with United States in charge in the tradition of Woodrow Wilson and Franklin D Roosevelt. In this speech there was a pretense that there would be Russian and United States cooperation in making the world safe for democracy—something that our government now seems totally uninterested in. Following the speech, the New York Times reported that the American left was concerned about this new world order as being nothing more than rationalization for imperial ambitions in the middle 1980s. Obviously the geopolitics of the world had dramatically changed. The green light was given for the American hegemony. This arrogant assumption of power to run the world militarily and to punish or reward various countries economically would continue and accelerate, further complicating the financial condition of the United States government. Though it was easy for the United States to push Hussein back into Iraq, subsequent policy was destined to create havoc that has continued up to the present day. The sanctions and the continuous bombing of Iraq were devastating to the infrastructure of that country. As a consequence it’s been estimated that over 500,000 Iraqis died in the next decade, many of them being children. Yet there are still many Americans who continue to be mystified as to why “they – Arabs and Muslims – hate us.” By the end of 1991, on Christmas Day, the final blow to the Soviet system occurred. On that date Gorbachev resigned and the Soviet flag was lowered for the last time, thus officially ending the Soviet Empire. Many had hoped that there would be “a peace dividend” for us since the Cold War was officially ended. There’s no reason that could not have occurred but it would have required us to reject the notion that it was our moral obligation and legal responsibility to deal with every crisis throughout the world. Nevertheless we embarked on that mission and though it continues, it is destined to end badly for our country. The ending of the Soviet Empire was a miraculous event with not one shot being fired. It was a failed system based on a deeply flawed idea and it was destined to fail. Once again this makes the point that the use of military force to mold the world is a deeply flawed policy. We must remember that ideas cannot be stopped by armies and recognize that good ideas must replace bad ones rather than resorting to constant wars. It should surprise no one that a policy endorsing the use of force to tell others how to live will only lead to more killing and greater economic suffering for those who engage in this effort, whether voluntarily or involuntarily. Twenty five years have passed since this green light was given for the current war and there’s no sign that it will soon end. So far it has only emboldened American political leaders to robustly pursue foreign interventionism with little thought to the tremendous price that is continuously paid. During the 1990s there was no precise war recognized. However our military presence around the world especially in the Middle East and to some degree in Africa was quite evident. Even though President George HW Bush did not march into Baghdad, war against the Iraqi people continued. In an effort to try to get the people to rebel against Saddam Hussein, overwhelming sanctions and continuous bombing were designed to get the Iraqi people to rebel and depose Hussein. That did not work. Instead it worked to continue to build hatred toward America for our involvement in the entire region. Our secretive influence in Afghanistan during the Soviet occupation had its unintended consequences. One was that we were fighting on the side of bin Laden and we all know how that turned out. Also, in an effort to defeat communism, the CIA helped to promote radical Islam in Saudi Arabia. Some argue that this was helpful in defeating the Soviets in Afghanistan. This most likely is not true since communism was doomed to fail anyway, and the cost to us by encouraging radical Islam has come back to haunt us. It has been estimated that our policies directed at Iraq during the 1990s caused the death of thousands of Iraqis, many of these coming from the destruction of their infrastructure and creating a public health nightmare. When Madeleine Albright was asked about this on national TV she did not deny it and said that that was a price that had to be paid. And then they wonder why there is so much resentment coming from these countries directed toward United States. Then George Bush Junior invaded Iraq, his justification all based on lies, and another 500,000 Iraqis died. The total deaths have been estimated to represent four percent of the Iraqi population. The green light that was turned on for the Persian Gulf War in 1990 stayed lit and even today the proponents of these totally failed wars claim that the only problem is we didn’t send enough troops and we didn’t stay long enough. And now it’s argued that it’s time to send ground troops back in. This is the message that we get from the neoconservatives determined that only armed might can bring peace to the world and that the cost to us financially is not a problem. The proponents never seem to be concerned about the loss of civil liberties, which has continued ever since the declaration of the Global War on Terrorism. And a good case can be made that our national security not only has not been helped, but has been diminished with these years of folly. And the true believers in empire never pause. After all the chaos that the US government precipitated in Iraq, conditions continue to deteriorate and now there is strong talk about putting troops on the ground once again. More than 10,000 troops still remain in Afghanistan and conditions there are precarious. Yemen is a mess as is also Libya, Pakistan, Somalia, Syria, and Ukraine — all countries in which we have illegally and irresponsibly engaged ourselves. Today the debate in Congress is whether or not to give the President additional authority to use military force. He asked to be able to use military force anyplace anytime around the world without further congressional approval. This is hardly what the Founders intended for how we dealt with going to war with other nations. Some have argued, for Constitutional reasons, that we should declare war against ISIS. That will prove to be difficult since exactly who they are and where they are located and how many there are is unknown. We do know it is estimated that there are around 30,000 members. And yet in the surrounding countries, where the fighting is going on and we are directly involved, millions of Muslims have chosen not to stand up to the ruthless behavior of the ISIS members. Since declaring war against ISIS makes no more sense than declaring war against “terrorism,” which is a tactic, it won’t work. Even at the height of the Cold War, in a time of great danger to the entire world, nobody suggested we declare war against “communism.” Islamist extremism is based on strong beliefs, and as evil as these beliefs may be, they must be understood, confronted, and replaced with ideas that all civilized people in the world endorse. But what we must do immediately is to stop providing the incentive for the radicals to recruit new members and prevent American weapons from ending up in the hands of the enemy as a consequence of our failed policies. The incentives of the military-industrial complex along with the philosophy of neoconservatism that pushes us to be in more than 150 countries, must be exposed and refuted. Occupation by a foreign country precipitates hatred and can never be made acceptable by flowery words about their need for American-style “democracy.” People who are occupied are always aware of the selfish motivation of the occupiers. The announcement by President George HW Bush on September 11, 1990 about the new world order was well received. Prior to that time it was only the “conspiracy theorists” who constantly talked about and speculated about the New World Order. Neoconservative ideas had been around for a long time. They were endorsed by many presidents and in particular Woodrow Wilson with his goal of spreading American goodness and making the ”world safe for democracy” – none of which can be achieved by promoting war. In the 1990s the modern day neoconservatives, led by William Kristol and Robert Kagan, enjoyed their growing influence on America’s foreign policy. Specifically, in 1997 they established the Project for the New American Century (PNAC) for the specific purpose of promoting an aggressive foreign policy of interventionism designed to promote the American Empire. This policy of intervention was to be presented with “moral clarity.” “Clarity” it was, but “moral” is another question. Their goal was to provide a vision and resolve, “to shape a new century favorable to American principles and interest.” It was not a surprise that admittedly the number one goal for the New World order was to significantly increase military spending and to be prepared to challenge any regime hostile to America’s interests. They argued that America had to accept its unique role as the sole superpower for extending international order as long as it served America’s interests. Although neoconservatives are thought to have greater influence within the Republican Party, their views have been implemented by the leadership of both Republicans and Democrats. First on PNAC’s agenda was to continue the policy designed to undermine Saddam Hussein with the goal of eventually invading Iraq – once they had an event that would galvanize public support for it. Many individuals signed letters as well as the statement of principles and most were identified as Republicans. Interestingly enough, the fourth person on the list of signatories for the statement of principles was Jeb Bush, just as he was planning his 1998 run for governor of Florida. The neoconservatives have been firmly placed in a position of influence in directing America’s foreign policy. Though we hear some debate between the two political parties over when and whom to strike, our position of world policeman is accepted by both. Though the rhetoric is different between the two parties, power always remains in the hands of those who believe in promoting the empire. The American Empire has arrived, but there’s no indication that smooth sailing is ahead. Many questions remain. Will the American people continue to support it? Will the American taxpayer be able to afford it? Will those on the receiving end of our authority tolerate it? All empires eventually end. It’s only a matter of time. Since all empires exist at the expense of personal liberty the sooner the American Empire ends the better it will be for those who still strive to keep America a bastion for personal liberty. That is possible, but it won’t be achieved gracefully. Though the people have a say in the matter, they have to contend with the political and financial power that controls the government and media propaganda. The powerful special interests, who depend on privileges that come from the government, will do whatever is necessary to intimidate the people into believing that it’s in their best interest to prop up a system that rewards the wealthy at the expense of the middle class. The nature of fiat money and the privileges provided to the special interests by the Federal Reserve makes it a difficult struggle, but it’s something that can be won. Unfortunately there will be economic chaos, more attacks on our civil liberties, and many unfortunate consequences coming from our unwise and dangerous foreign policy of interventionism. Since all empires serve the interests of a privileged class, the people who suffer will constantly challenge their existence. The more powerful the empire, the greater is the need for the government to hold it together by propaganda and lies. Truth is the greatest enemy of an abusive empire. Since those in charge are determined to maintain their power, truth is seen as being treasonous. Whistleblowers and truth tellers are seen as unpatriotic and disloyal. This is why as our empire has grown there have been more attacks on those who challenge the conventional wisdom of the propagandists. We have seen it with the current administration in that the president has used the Espionage Act to curtail freedom of the press more than any other recent president. Fortunately we live in an age where information is much more available than when it was controlled by a combination of our government and the three major networks. Nevertheless it’s an uphill struggle to convince the people that it is in their best interests to give up on the concept of empire, foreign interventionism, allowing the special interests to dictate foreign policy, and paying the bills with the inflation of the money supply provided by the Federal Reserve. The laws of economics, in time, will bring such a system to an end but it would be nice if it would be ended sooner through logic and persuasion. If it’s conceded that there was a dramatic change with the green light given by April Glaspie and President Bush in 1990, along with the collapse, almost simultaneously, of the Soviet system, the only question remains is when and who will turn on the red light to end this 25 year war. Sometime it’s easier to establish an empire than it is to maintain and pay for it. That is what our current political leaders are in the business of currently doing and it’s not going well. It appears that a comparatively small but ruthless non-government entity, ISIS, is playing havoc with our political leaders as well as nearly all the countries in the Middle East. Because there is no clear understanding of what radical Islam is all about —since it is not much about Islam itself — our policies in the Middle East and elsewhere will continue to drain our resources and incite millions more to join those who are resisting our occupations and sanctions. The day will come when we will be forced to give up our role as world policeman and resort to using a little common sense and come home. This will only occur when the American people realize that our presence around the world and the maintenance of our empire has nothing to do with defending our Constitution, preserving our liberties, or fulfilling some imaginary obligation on our part to use force to spread American exceptionalism. A thorough look at our economic conditions, our pending bankruptcy, our veterans hospitals, and how we’re viewed in the world by most other nations, will compel Americans to see things differently and insist that we bring our troops home – the sooner the better. Vocal proponents of the American Empire talk about a moral imperative that requires us to sacrifice ourselves as we try to solve the problems of the world. If there was even a hint this effort was accomplishing something beneficial, it might be more difficult to argue against. But the evidence is crystal-clear that all our efforts only make things worse, both for those we go to teach about democracy and liberty and for the well-being of all Americans who are obligated to pay for this misplaced humanitarian experiment. We must admit that this 25-year war has failed. Nevertheless it’s difficult to argue against it when it requires that that we not endorse expanding our military operations to confront the ISIS killers. Arguments against pursuing a war to stop the violence, however, should appeal to common sense. Recognizing that our policies in the Middle East have significantly contributed to the popular support for radical Islam is crucial to dealing with ISIS. More sacrifices by the American people in this effort won’t work and should be avoided. If one understands what motivates radical Islam to strike out as it does, the solution would become more evident. Voluntary efforts by individuals to participate in the struggle should not be prohibited. If the solution is not more violence on our part, a consideration must be given to looking at the merits of a non-interventionist foreign policy which does not resort to the killing of hundreds of thousands of individuals who never participated in any aggression against United States — as our policies have done since the green light for empire was given. How is this likely to end? The empire will not be ended legislatively or by the sudden embrace of common sense in directing our foreign policy. The course of interventionism overseas and assuming the role of world policeman will remain for the foreseeable future. Still the question remains, how long will that be since we can be certain that the end of the empire will come. Our military might and economic strength is now totally dependent on the confidence that the worldwide financial markets give to the value of the US dollar. In spite of all the reasons that the dollar will eventually be challenged as the world reserve currency, the competition, at present, by other currencies to replace it, is nil. Confidence can be related to objective facts such as how a country runs its fiscal affairs and monetary policy. Economic wealth and military strength also contribute artificial confidence to a currency. Perceptions and subjective reasons are much more difficult to define and anticipate. The day will come when the confidence in the dollar will be greatly diminished worldwide. Under those conditions the tremendous benefits that we in the United States have enjoyed as the issuer of the reserve currency will be reversed. It will become difficult if not impossible for us to afford huge budget deficits as well as very large current account deficits. National debt and foreign debt will serve as a limitation on how long the empire can last. Loss of confidence can come suddenly and overwhelmingly. Under those conditions we will no longer be able to afford our presence overseas nor will we be able to continue to export our inflation and debt to other nations. Then it will require that we pay for our extravagance, and market forces will require that we rein in our support for foreign, corporate, and domestic welfare spending. Hopefully this will not come for a long time, giving us a chance to educate more people as to its serious nature and give them insight into its precise cause. Nevertheless we live in a period of time when we should all consider exactly what is the best road to take to protect ourselves, not only our personal wealth but also to prepare to implement a system based on sound money, limited government, and personal liberty. This is a goal we can achieve. And when we do, America will enjoy greater freedom, more prosperity and a better chance for peace.

Monday

DON'T BE FOOLED BY THE FEDERAL RESERVE'S ANTI-AUDIT PROPAGANDA by RON PAUL

In recent weeks, the Federal Reserve and its apologists in Congress and the media have launched numerous attacks on the Audit the Fed legislation. These attacks amount to nothing more than distortions about the effects and intent of the audit bill. Fed apologists continue to claim that the Audit the Fed bill will somehow limit the Federal Reserve’s independence. Yet neither Federal Reserve Chair Janet Yellen nor any other opponent of the audit bill has ever been able to identify any provision of the bill giving Congress power to dictate monetary policy. The only way this argument makes sense is if the simple act of increasing transparency somehow infringes on the Fed’s independence. This argument is also flawed since the Federal Reserve has never been independent from political pressure. As economists Daniel Smith and Peter Boettke put it in their paper “An Episodic History of Modern Fed Independence,” the Federal Reserve “regularly accommodates debt, succumbs to political pressures, and follows bureaucratic tendencies, compromising the Fed’s operational independence.” The most infamous example of a Federal Reserve chair bowing to political pressure is the way Federal Reserve Chairman Arthur Burns tailored monetary policy to accommodate President Richard Nixon’s demands for low interest rates. Nixon and Burns were even recorded mocking the idea of Federal Reserve independence. Nixon is not the only president to pressure a Federal Reserve chair to tailor monetary policy to the president’s political needs. In the fifties, President Dwight Eisenhower pressured Fed Chairman William Martin to either resign or increase the money supply. Martin eventually gave in to Ike’s wishes for cheap money. During the nineties, Alan Greenspan was accused by many political and financial experts — including then-Federal Reserve Board Member Alan Blinder — of tailoring Federal Reserve policies to help President Bill Clinton. Some Federal Reserve apologists make the contradictory claim that the audit bill is not only dangerous, but it is also unnecessary since the Fed is already audited. It is true that the Federal Reserve is subject to some limited financial audits, but these audits only reveal the amount of assets on the Fed's balance sheets. The Audit the Fed bill will reveal what was purchased, when it was acquired, and why it was acquired. Perhaps the real reason the Federal Reserve fears a full audit can be revealed by examining the one-time audit of the Federal Reserve’s response to the financial crisis authorized by the Dodd-Frank law. This audit found that between 2007 and 2010 the Federal Reserve committed over $16 trillion — more than four times the annual budget of the United States — to foreign central banks and politically influential private companies. Can anyone doubt a full audit would show similar instances of the Fed acting to benefit the political and economic elites? Some fed apologists are claiming that the audit bill is part of a conspiracy to end the Fed. As the author of a book called End the Fed, I find it laughable to suggest that I, and other audit supporters, are hiding our true agenda. Besides, how could an audit advance efforts to end the Fed unless the audit would prove that the American people would be better off without the Fed? And don’t the people have a right to know if they are being harmed by the current monetary system? For over a century, the Federal Reserve has operated in secrecy, to the benefit of the elites and the detriment of the people. It is time to finally bring transparency to monetary policy by auditing the Federal Reserve.

Monday

DEPARTMENT OF HOMELAND SECURITY: WHAT IS IT GOOD FOR? by RON PAUL

Late Friday night, Congress passed legislation funding the Department of Homeland Security for one week. This vote followed weeks of debate over efforts to attach a prohibition on funding President Obama’s executive order granting amnesty to certain illegal immigrants to the Homeland Security funding bill. Despite the heated rhetoric from both sides, no one seriously believes that Congress will allow Homeland Security funding to lapse. Most in Congress believe that, without the Department of Homeland Security, Americans would be left unprotected from terrorists and natural disasters. As with most areas of bipartisan agreement, the truth is the exact opposite of the DC consensus. The American people would be much better off if Congress transferred the few constitutional functions performed by Homeland Security to other parts of the government and then shut down the rest of the department. Many Americans associate Homeland Security with the color–coded terrorist warning system and the “if you see something, say something" public relations campaign. These programs were designed to inspire public confidence in the department, but instead they inspired public ridicule. Ironically, the best case for shutting down this department is its most well-known component — the Transportation Security Administration (TSA). More terrorist attacks have been thwarted by airline passengers than by the TSA! The TSA may be ineffective at stopping terrorists, but it is very effective at harassing innocent Americans like Lucy Forck. Three-year-old Lucy, who uses a wheelchair, not only had to endure an intrusive screening from TSA agents, but the agents also took away her beloved stuffed animal. When not abusing children who use wheelchairs, TSA subjects airline passengers to rules that seem designed to make air travel as unpleasant as possible. For example, TSA recently forced a Campaign for Liberty staffer to throw away a jar of Nutella she had in her carry-own luggage. I am sure all airline passengers feel safe knowing that TSA is protecting them from sandwich spreads. Ending the TSA would return responsibility for airline security to airports and airlines. Private businesses have a greater incentive than a government bureaucracy to ensure their customers’ safety. Those conservatives who think this is a radical idea should try to think of one area where they trust government bureaucrats to do a better job than private business owners. Another agency within Homeland Security that the American people could do without is the Federal Emergency Management Agency (FEMA). Having spent fifteen years in Congress representing a coastal area subject to hurricanes and floods, I have seen first-hand how FEMA places adherence to bureaucratic rules ahead of aiding victims of a natural disaster. As a result, it is not uncommon for disaster victims to wait months or even years for assistance. FEMA not only fails to provide effective relief to disaster victims, it also impedes private disaster relief efforts. FEMA even hinders disaster victims’ efforts to help themselves. While in Congress, I heard stories of individuals being threatened with fines or even jail time if they returned to their property without FEMA’s permission. One individual in my district was threatened with arrest if he removed a tarp that FEMA put on his house — even though FEMA was supposed to have put it on his neighbor’s house! Ten years after the creation of the Department of Homeland Security, it is clear that this department has failed to protect our security, but has infringed on liberty. If Congress really wanted to enhance our security and our liberty it would shut down this unnecessary, unconstitutional department.