Texas
Congressman Ron Paul has delivered a riveting "State of
The Republic" address on his Campaign for Liberty website,
orating his thoughts on where the U.S. stands as a nation and
what the future holds.
Paul warns that if the country continues along the course it
is on, we will witness a three stage slide into social and political
chaos, beginning with the current financial crisis, a coming
dollar crisis, and culminating in mass unrest.
"Reality is setting in," the Congressman urges, adding
that the only way to prevent social breakdown is to embrace
liberty and self reliance and reject the nanny state and government
dependency.
"We are rapidly moving toward a dangerous time in our
history. Society as we know it is vulnerable to political and
social unrest. This impending crisis comes as a consequence
of our flawed foreign and domestic economic policies, a silly
notion of money, ignorance about central banking, ignoring the
onerous power and mischief of out of control intelligence agencies,
our unsustainable welfare state and a willingness to sacrifice
privacy and civil liberties in an attempt to achieve safety
and security from an inept government."
"Dangerous times indeed." The Congressman states,
stressing that a street fight to restore liberty is not a good
option.
"The only way that we can prevent blood from running in
the streets is to offer a better idea of the proper role of
government in a society that desires, first and foremost, liberty."
"The social unrest will illicit cries for the government
to exert unusual force to head off a complete breakdown of law
and order. The ultimate trap will be set for a system of government
claiming to protect a free society." Paul states.
"If more power and police authority are not given to the
Federal government, it will be argued that only anarchy will
result. If more government policing power is given, it will
mean a lethal threat to civil liberties."
The Congressman also warns that it is naive to assume that
the American people will not be the eventual target of draconian
laws and restrictions already introduced in the wake of 9/11.
"Our civil leaders will not be hesitant to use these powers
to maintain order, tragically, the people may even demand it."
he says
The Congressman elegantly lays out the intricacies of the financial
crisis and its history, specifically pointing the finger of
blame at the Fed and in particular Ben Bernanke, referring to
the crisis as Bernanke's "very risky experiment with the
health of our country and the wealth of our economy."
"The worldwide financial system built on a foundation
of paper has received the shockwaves of an impending collapse.
The wild speculation in the derivatives market, the stock market
bubble, the insurmountable debt, public and private, and the
massive malinvestments have been shattered."
Paul points out that doubling the money supply can hardly be
a solution to a problem stemming from the creation of excess
credit.
"It wouldn't make much sense for a doctor taking care
of a very sick patient from severe infection, to deliberately
give the patient another infection - yet that is what the PhD
doctors are doing to our very sick economy."
"The only solution so far offered has been to print more
money faster, keep interest rates low, at practically 0%, and
remove all stops for controlling deficits. These are the very
policies that caused the disequalibrium, and doing more of the
same, but only faster, can hardly help our economy." Paul
comments.
"When it is revealed that the insider friends of the Fed
and Congress get billions of dollars in bailout at the expense
of the middle class, it's no wonder the people are taking to
the streets and directing their hostilities towards both Republicans
and Democrats in Washington."
Watch The Congressman's State of The Republic Address in full:
Texas
Congressman Ron Paul has delivered a riveting "State of
The Republic" address on his Campaign for Liberty website,
orating his thoughts on where the U.S. stands as a nation and
what the future holds.
