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Apublicationf theFoundationor Rational conomics ndEducation.
VOLUME2.NO.3 MARCH OO9
Friday, February 27,2009
Conservativemovementhashada struggledefininga Conservative.Wefinallygotthe Conservativesncharge.Wehave been struggling ever sinceBarry Goldwater,andRonald Reagan, heRevolution tn l994,and the continuationntheyear2000; wefinallygotthe Houseandthe Senate ndhe Presidency.nd whatdidwe do?We doubled the sizeof theDeparffnentofEducation. thoughtwe weresupposed ogetrid of theDepartmentof- -fuion.So haveafewsuggestionsnhowyoucanidentiffaConservative.irstof all, heyhave o be devoted o andwilling to standbyand defend he Constitution.And of coursethere'sanotherpositionhey ought o take;many have,many n thisroomwill take hat
TheConservativemovementhatwas designed obring us back toour roots-likeIimitedgov-ernment,smnllerSovernment,moreindividual liberty-it hasnt happened.
Congressmanaulb Addressto CPA€2009
Igivealot of speeches ver on thehill,Igiveaotof speechesnthe floor,andoandbehold, don'tgethatkindof applause, ecauseI don't think they'reon the samewavelengthasyouandareon. I think there's a disconnect,and of course hat'swhat this struggles all about. thinkin many waysthelike to make someamendments;would like to removetwo of them, he16thandhe 7thAmendment.Though we've certainlygottenourselvesntoamessbecause he Conservativemovement hat was designed obring us backto ourroots-likelimitedgovernment,mallergovemment,more ndividual berty-ithasn'thappened. ndnow,sincewe didnotdo thejobwe were supposedo do,the oppositionhastaken over, andguesswhat, they'recriticizing theRepublicansndhe Conservativesor nothaving balanced he budget.Butdoes hatmeanhey'regoingto do that?No!They'regoingto makeus ook likepiken;they'regoingo doubleand riple andquadruplehe spending.mean t isendless.Believeme, we're n seriousrouble.That s whyItalk alot toyoung people.Theyoungpeoplearevery nterestedn whatI talk about,and heyoungnsprit arealsointerestedn what talk about.Buttheyoungpeopleespeciallyarenterestedecauseheyknow what they'regetting.They knowthey'regettinga bad deal; hey'regettingnothingbutdebt.Inthepast12+nonthsour national debfwent up 1.5 rillion dollars,andnextyeart'sgoingo be more.They're hoping twill be1.7hisyearotal,buthen t couldbe 2 or ttcouldbe3: the numbers rerrelevant.Ancwe'rc in an atrnosphere ow wherefwe canaccept hedea hat the taxpayerscanpayposition,butt isabsolutelynecessary,goodConservativewill starttalking boutandpreachingnwhy wehavetogetrid of theFederalReserveSystem.Andthenwecould.we're devoted o the Constitution,rule oflaw is very, very important:You can'tignore theConstitutionwhenyoudon'tlikesomething;whatyouhavetodo s ifvoudon'tlike it,youhave o amendt. Iwouldthatbailout, everybodyon Wall Street, ailout the banksand big business-theres nothing that can't be funded-nothinghat can't be appropriated;verythingwill beappropriated.herewill be no cuts; herewill only be onelimitationon whatwehavegoingon odayand hatimitationwill be thevalueof the dollar.Todayweare stillprivilegedtoprintdollars, and he
 
worldisstill unbelievablyakinghosedollars,butthat sgoingto end;and whenhatends, hepartysover.Mostpeoplehinktheparfy'salreadyoverbutt'sonly halfover.The financialsystemhat we havebuiltandhaveivedwithstarted nl97lItwas hedollarstandard,he fiatdollarstandard.he financialsystemhasbeenotallybuilt onthatsystemand t wasdoomedofail.Asa matterof fact,t wasthatvery day n Augustof 1971,on August15th,whenheBrettonWoodsagreementinallycameundoneandhe astlinktogoldwas removed.Then Iknewthat we hadembarkedonthe coursehatweareon todayand hatsystem asbuiltthis monstrosityof a financialsystemworldwideneverseen nthe historyofthe world;We arehe biggestdebtornationn theworld,andit'snotjustUnitedStateshat's nffouble,t'sthewholeworld. Thatinancialsystemascomeunglued,butthe nextshoeo dropwill be hedisintegrationfthe doilar.So weas Conservativesnd believersn limitedgovernmentandbelieversnthe Constitution,we havea ough aceoresfainthebig spenderseforehat happens.When that happenswhat isthreatened sour liberty.Themainpurposeof agovernmentnafreesocietyshouldbe thepreservationoflibetty.Fortunately,we iveinacountrythatknewsomethingabouthatand emphasizedhat nour earlyyears,but wehaveorgottent, we haveostour confidence.We arenotdeterminedopresenthe case orliberty,we havechoppedlibertyupntopieces:We haveeconomic iberty,we havesocial ibertyandwe havea foreignpolicythat'sbuilt onjusttotal allacies.So we haveoputthisall backogetheragain,and ortunatelywehavesomethinghat canpullitback ogether,nd hat sthe understandingf the FoundingFathershatputt intoourConstitution.This meanshat fwe would followthemles anddotheobright,we wouldn'thavea welfare state.Theobthat we have,we asbelieversandhose hatspreadhis message,heobwe haves topresenthis caseand stillprovehat weare he humanitarians.heiberaldo-gooders,he big spendersho sayhat we'regoingtogiveafreehouseto everybody, freemedicalcaretoeverybody,reeeducation;hat'spreposterous.uttheystill won the astelection-hadsomethingo do withthat.Everythingsgoingtobeforfree,andyettheproofs, fyoucareaboutyourfellow manhere soniy onewayyoucanmaximize prosperityand maximizefreedom,and hat sthroughhe ruleoflawand makingsurehat everybodyunderstandshatlibertyisanndividualthing and notacollectiveright.IfwewanttogetourHoirseinorder,wehavetoaddressthesubjectof foreignpolicy.Therewasa timewhenConservativesada completelyifferentoreignpolicy.Backinthe olderdays,whenwehada RobertTaftandothers,theyhada differentunderstandingaboutwhat ourforeignpolicyought o be.Theyweresoold-fashionedheybelievedwe hado followtheConstitutionand twasdesignedodefend hiscountry;nothingmorehan hat.Not thegivingawayofour sovereignty,notto listentothe UNandheWorldBankandthe IMFand theWTO; wedon'tneedany ofthose.Today,n the midstofthe urmoilthat wehavehere sastrongbehind-the-scenesovementowardanevengreaterpresencef worldgovemment.Theywantto solvehisproblembyinternationalizingtre inancialsystem-theast20,30 yearst'sbeen nternationalized,utwe hadaprivilege;wegottoprintthegoldso we hadan advantage.We ivedoffothers,butthat'scomingoanend.We'rethebiggestdebtorandsoon hatdebtwillbe called.But,they'retryingnowtoputthistogether,and they're goingtointernationalizeit;it isgoingto be moreofthe sameintemationalism,WTOand egulationsndbankingsystem.Itis mpossibleorthatsystem o lastando work,becauseyoucannothavea fiatsystem,whether t'sa singlecountryor an ntemational ovemment,o makepapermoneywork-and hats theonly thingthat we havegoingfor us,That swhythe money ssuesso mportant.n a freesocietyyouhaveto havehonestmoney;honestmoneyis whattheFoundersescribedndsaid hatonlygoldandsilvershouldbelegalender.Butweought oaddresshesubjectofforeign policy.Partofthereasonswhy we lostthis lastelectionwasheforeign policyissue.Generallyspeaking,hepresidentialcandidatewhoargueshecase orlesswarmongeringwillwin theelection,andof course,Obamaookadvantagefit. Hesaid I'mgoingoend he war n Iraqand'mgoingtobring thosefoops homeandsolveall theproblems,"andhewonthe election.So hisgenerallysthecase;butthetruths, oreignpolicyhasn'tchanged.We shouldbelookingmoretowhatGeorgeBushsaidintheyear2000.Hewas stronglycriticalof theClintonyean-ofnationbuildingandbeing trepolicemanftheworld,whatwe were doingin BosniaandSomalia-andhe wonthe election.Hesaidsomevery,verygoodhingsbutafterthathe againoinedthenternationalists.oined his deathatheAmericanaxpayers,ou,havean obligationo takecareofeverybodyandpotcethe world,andputour militaryout thereand be exposedoall this danger. tdoesn't makeanysense; his is literallywhat bankruptshecountry.Yousee nternationalexpenditures,tcost us atrillion dollarsa
 
yearo takecareof our foreignpolicy,andhat cannotast.It iscomingo anend.Asa matterof fact,hepersonmostpleasedwithourforeignpolicys OsamaBinLaden,becausehehasrittenabout his; "Iamgoingogetyouto comeoverhereandwe'll fightyouon our sandandwewill dowhatwedidtothe Soviets."Ofcourse,we helpedhimdo what hedidtothe Sovietsbecausewesubsidizednd supportedimtodrain heSoviets,andhe saidhewill dothesamehing. Hewill eventuallybanlcupthiscountry,and 1oand beholdwe are weakerfor it,our militarypersonnelre atigued.wasveryproudof what happenedastyearin thecampaign,becausetalked aboutheoldConservativeRepublicannon-interventionistconstitutional oreign policyand,we andour campaign,gotthe mostmoneyof anycandidate romthe military.Buthistorically,greatnationsendwhenthey overextendhemselvesoverseaswhetherit'sbacktothe Romandays,ortheSovietsor whatever.Thecountryfeelssoinvolvedhatheygoandhink of themselvesasbeingover$wonderfrrl,hatwearegoingto spreadour message.tactually startednWorldWar I;the truth isthere was no needforus tobe involvedin WorldWar I.but
Thewelfarestatewillendbecausethemoneywillquitworkingandwewillnolongerbeabletoaffordtopromotewhatwe'redoingaroundheworld.
soonerwercalizethatthebetter.Today t'sonly financedbecausewe havehismonetarysystembecausewecan'tpossiblyaxthepeople,wecan'tborrowmuchmore,sowe'restill relyingon theFederalReserve.So what hasheFederalReserveone nthis astyearor so?Congress asspenthundredsfbillionstryingto bailout thesystem.Republicansare nowvotingagainsthis,which sgood,'mdelightedwittr that,butt'sa ittlebit late,buthey'revotingagainstt.Butwhatabout. .What isthe FederalReservedoing?Wetalkabout800billion dollarsand t'sa bigdeal;theFederalReserveoes tin trillions.We'reup to acommitmentof 9 trilliondollars.WeinCongressndyouascitizenshaveno deawhat'sgoingon, and t'sgovernmentotallyout ofcontrolandt'stotake careof theirbuddies.Theypumpedhis moneyntotheindustriesand what happens?hey getout,theygethuge,billions andbillionsof dollarsworthof bonuses,ndhen heygoandbuytreasuryills to keephedollar romcrashing,becausehey will leavehetreasurybillseventually,so heybail outtheir friendsandthebonusesarepaid,and the Americanpeoplesuffer,becausen theageof inflationthemiddleclassgetswipedout.Thecharacteristicf inflation sthe wipingout ofwhowasn't?Butthere twas:WoodrowWilsonsaidwehaveo do it becausewe haveo makeheword safe ordemocracy,which ledto this millions,hundredsf millionsofpeoplebeing killedin the 20thCentury.Sowe're backat thesame hing;we haveogoandspread urgoodnessntheMiddleEast.So,yeah,we wanttogetidof a badguyn Iraq,we did;but t cost,t tooklives.AnothermillionIraqisgotkilled. Believeme,heywtrentallte-nbriStgSomepeopieticln-tp-rticu|aray1iFthat,but neverttrelesstpleasedOsamaBinIadenbecausewewere here.We werebankruptingourcountryandightnow,oday,wegetanew Presidentwhoays e didn'tlikethe warthat wasgoingon.So what arewegoingto do?We'regoingodraganother17,000AmericansndpopthemintoAfghanistan.Don'twe knowanlthingabouthistory? tis bankuptingour country Itwillend, whetherhepeopleagreewithmeor not; twillendbecausee can'tafford t. That'swhereit's alwaysendedhroughout istorythat'swhathe inancialcrisis stellingus.Thewelfarestatewill endbecausehemoneywillquitworkingandwe willno ongerbeabletoaffordtopromotewhat we'redoing aroundhe world.Thethe middleclassandenhancinghe wealthy.So it'saneconomicandpoliticalsystem hat s hereodesffoyus,andhereo destroyour freedomunlesswe understandwhatfreedomsall about.Freedomomeso us na naturalway; it's inaGod-givenway. t isnotgivenous becausee belongo agroup.Therc'snosuch hingasWomen'sRightsandMinorityRightsandGay Rightsandallthese hings.There'sonly oneypeofrighl+hat-isan n-dividualilghtthatlascomeousromGod.Todefendhat rightis likedefendingFreedomof thePress. reedomof the Pressivespeopleheightto writeconffoversialhingsandengagenconffoversialiscussions.Otherwiseouwouldhavepriorrestraintand hegovemmentwouldcome nand ell newspapersnd radiowhattheycouldsayand do.Nobody wantshat.Buteverysingleday,we havepriorresnainton everythingwe do inthe marketplace.Everymarketransaction,everylaborransaction,verydollarransaction,verypropertytransactionsdoneonly withthepermissionof thegovernment.Sowe nowhavemovedamajorstep nthedirectionof
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