by Sheldon Richman, Foundation for Economic Education

The “federal” government, particularly the executive branch, can do almost anything it wants. The limits are few, and those that survive can often be gotten around through chicanery. Much of what government does is out of public view, thanks to off-budget accounting and other dubious methods that would get the rest of us prosecuted.

Even if the average person had the time to monitor what government is up to — a tall order for sure — much of it is so esoteric for a layman as to be nearly incomprehensible. He’d have to give up his job and master several disciplines in order to do a proper job. That puts a new light on the term “educated voter.” Continue Reading

by Rep Ron Paul

Last week I discussed our worsening economic situation and the fact that there are very few options for the new administration to improve things in the long run.  The same is not true on the foreign policy front.  Our interventionist foreign policy stands ready to be put on a new course with the new administration.  Unfortunately, it seems the new administration is likely to continue the mistakes of the past.

I’ve often discussed interventionist foreign policy and the resulting blowback.  The current administration’s foreign policy, I’m afraid, has created a huge impetus for blowback against the United States.  However, I truly believe much of the world stands ready to look beyond our nation’s recent blunders if the new administration proves to be heading in a more reasonable direction. Continue Reading

by Rep Ron Paul

Many who agree with me on a lot of other issues, do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy.  It’s true that I talk about money differently than most, but the fact is sound money offers many benefits.

For example – peace. Continue Reading

by Michael Boldin

In reading the Constitution, we can plainly see that Congress possesses the power “to regulate commerce with foreign nations, to raise and support armies, to grant letters of marque and reprisal, to provide for the common defense,” and even “to declare war.” Congress shares, with the President, the power to make treaties and to appoint ambassadors. As for the Executive, the President is assigned only two powers relating to foreign affairs; commander-in-chief of the armed forces, and the power to receive ambassadors.

The United States Constitution, which is the supreme law of the land in our country, delegates the power to declare war to the Congress and the power to wage war to the President. What that means is that only the Congress, as representatives of the People and of the States, can determine whether or not the nation goes to war. If the People, through Congress, decide that the nation shall go to war, the President then, and only then, has the authority to wage it. Continue Reading

by Rep Ron Paul

We’ve heard how the value of the dollar affects gas prices – and indeed the price of everything.  I was pleased that my request for a hearing on such was granted by the Financial Services committee and we were able to hear some very informative testimony.  Certainly domestic policies, regarding off-shore oil drilling bans, ethanol mandates, refining capacity, and CAFE standards are interventionist and harmful enough in the energy market.

But how does foreign policy affect gas prices?  One important factor is that oil on the world market has been priced in dollars exclusively since 1973.  Only two leaders have gone against this arrangement - Saddam Hussein in 2000 and more recently Mahmoud Ahmadinejad with the recently opened Iranian Oil Bourse which trades in non-dollar currencies.  Continue Reading

by Bob Barr

Throughout U.S. history, the American people have balanced liberty and security. Finding the right mix isn’t always easy. But policy-makers must never forget that they are duty-bound to protect a free society.

Government had ample powers before 9/11 to deal with terrorism in a manner consistent with the Bill of Rights. If we needlessly sacrifice the liberties that make America great, we, in the manner of Esau, will have sold our national soul for a mess of pottage. Continue Reading

by Rep Ron Paul

What will it take to get our troops out of Iraq?   The roughly 70 percent of Americans who are firmly against the war often ask this question.  Those in power are reluctant to give conditions, but when they do and those conditions are met, the goal post is quietly moved.

Voters were promised, passionately and vehemently, that the new Congress would bring our troops home.  Many were explicitly elected in 2006 under that banner.  But our troops are still overseas, funding has been increased even beyond the administration’s wish list, and troop withdrawal has been negotiated away. Continue Reading

by Rep Ron Paul

What is the importance of the war in Iraq  relative to other current issues?  This is a question I am often asked, especially as Americans continue to become increasingly aware that something is very wrong with the economy.   The difficulty with the way the question is often asked relates to the perception that we are somehow able to divide such issues, or to isolate the cost of war into arbitrarily defined areas such as national security or international relations.

War is an all-encompassing governmental activity.  The impact of war on our ability to defend ourselves from future attack, and upon America ’s standing in the world, is only a mere fraction of the total overall effect that war has on our nation and the policies of its government. Continue Reading

Laurence Vance at the Mises institute has an excellent post on the immorality of forced government-to-government foreign aid - with a focus on the tragedy in Myanmar.

Here’s an excerpt: Continue Reading

by Rep Ron Paul

This week, as the American economy continued to suffer the effects of big government, the House attempted to pass two multibillion dollar “emergency” spending bills, one for continued spending on the war in Iraq , and one increasing spending on domestic and international welfare programs.  The plan was to pass these two bills and then send them to the president as one package.

Even though the House failed to pass the war spending bill, opponents of the war should not be fooled into believing this vote signals a long term change in policy.  At the end of the day, those favoring continued military occupation of Iraq  will receive every penny they are requesting and more as long as they agree to dramatically increase domestic and international welfare spending as well. Continue Reading