By: Stephen Carter - stephen@icarter.com
The Alien and Sedition acts were both an affront to genuine liberty, and also tools of great corruption and oppression. While many patriotically supported these acts as necessary to preserve the United States, they failed to realize the implications of such measures. Read more…
Rep. Ron Paul on Monday introduced legislation that would lower the federal government’s debt by canceling the roughly $1.6 trillion in debt held by the Federal Reserve.
Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear. Read More
Proposition 14, also known as a Top Two election system and mistakenly called an “open primary”, would abolish our current party primary elections and replace it with a free for all June election to pick the top two candidates for the November election. Only two candidates will appear on the November ballot, even two candidates from the same party, and write-in candidates will no longer be allowed.
Presently during the June election, voters affiliated with one of the ballot qualified parties choose their party’s candidate for the November election. Currently in the November election each party’s candidates competes against each other along with any independents, giving voters more than two choices along with the write-in option.
Proposition 14 turns the current system upside down. All voters would get the same ballot in the June election. Voters would choose one candidate from every candidate running from every party. Similar to the free for all California saw when Arnold was first elected; all candidates from all the parties would compete together in the free for all June election. The top two vote getters, even if both of them get less than 10% and they are from the same party, would advance to the November election.
Proposition 14 forbids voters from write-in candidates for the November election, so if Top Two passes California voters will no longer have more than two choices in the November election; except for the Presidential race.
Visit StopTopTwo.org for more information.
Statement of Congressman Ron Paul
United States House of Representatives
Statement Introducing the Free Competition in Currency Act
December 9, 2009
Madame Speaker, I rise to introduce the Free Competition in Currency Act of 2009 (HR 4248). Currency, or money, is what allows civilization to flourish. In the absence of money, barter is the name of the game; if the farmer needs shoes, he must trade his eggs and milk to the cobbler and hope that the cobbler needs eggs and milk. Money makes the transaction process far easier. Rather than having to search for someone with reciprocal wants, the farmer can exchange his milk and eggs for an agreed-upon medium of exchange with which he can then purchase shoes.
This medium of exchange should satisfy certain properties: it should be durable, that is to say, it does not wear out easily; it should be portable, that is, easily carried; it should be divisible into units usable for every-day transactions; it should be recognizable and uniform, so that one unit of money has the same properties as every other unit; it should be scarce, in the economic sense, so that the extant supply does not satisfy the wants of everyone demanding it; it should be stable, so that the value of its purchasing power does not fluctuate wildly; and it should be reproducible, so that enough units of money can be created to satisfy the needs of exchange.
Over millennia of human history, gold and silver have been the two metals that have most often satisfied these conditions, survived the market process, and gained the trust of billions of people. Gold and silver are difficult to counterfeit, a property which ensures they will always be accepted in commerce. It is precisely for this reason that gold and silver are anathema to governments. A supply of gold and silver that is limited in supply by nature cannot be inflated, and thus serves as a check on the growth of government. Without the ability to inflate the currency, governments find themselves constrained in their actions, unable to carry on wars of aggression or to appease their overtaxed citizens with bread and circuses. Read more…
After decades of trying, it seems very realistic that Rep. Ron Paul of Texas will have his bill to audit the federal reserve passed. It already has 282 co-sponsors in the house and is currently trying to gain support and momentum in the senate, with 20 co-sponsors so far. There are many in congress that seek to kill this bill, for fear of what a full audit of our federal reserve might reveal. We cannot let that happen, because as tax paying citizens of this country, we deserve some transparency and accountability in our government.
For more information on which representatives and senators have co-sponsored the bill, and for information on how to contact your representative and senator, visit the Ron Paul Website.