Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

Posts Tagged ‘healthcare’

Concerns about preventative medicine and US healthcare.

Posted by Jesse on March 4, 2008

My response to innercontinental.wordpress.

Jesse (18:11:22) : Your comment is awaiting moderation
Ron Paul is a teacher. That’s the whole reason he got into politics. To teach people about what he had learned concerning economics.

Health should be left to the people and doctors. Not government policy.

People should have freedom of choice and association.

Ron Paul’s policies are preventative policies. Unlike the other candidates, he does not propose how to fix everything. He is just stating the truth about what problems we are facing.

That’s why he’s not taken seriously. The problems we are facing in America are systemic and will take a whole lot of healing. Unfortunately no candidate seems to have a good understanding of the major issues and will only serve to prolong or exascerbate the issues.

One reason healthcare is such an issue is because of cost.
http://www.ronpaul2008.com/articles/54/free-market-medicine/

Another is a matter of choice.
http://www.ronpaul2008.com/articles/53/dietary-supplements-and-health-freedom/

And, lastly, actual science in any field is required. Naturally, one doesn’t have to be a government employee to find a cure, or some other way of helping people.

Thats my two cents. Yes! There is a candidate who is talking about tough medicine. Preventative medicine. And he is a docotr by trade!

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America’s Monetary Policy. Easy credit n bailouts = moral hazard.

Posted by Jesse on March 4, 2008

Financial Services Committee Hearing

Monetary Policy and the State of the Economy
by Ron Paul

A Statement to the House Financial Services Committee, February 27, 2008

Mr. Chairman,

A topic that is on the lips of many people during the past few months, and one with which I have greatly concerned myself, is that of moral hazard. We hear cries from all corners, from politicians, journalists, economists, businessmen, and citizens, clamoring for the federal government to intervene in the economy in order to forestall a calamitous recession. During the boom, many of these same individuals called for no end to the Fed’s easy credit. Now that the consequences of that easy money policy are coming home to roost, no one wants to face those ill effects.

We have already seen a plan from the administration to freeze mortgages, a plan which is alleged to be only a temporary program. As with other programs that have come through this committee, I believe we ought to learn from history and realize that “temporary” programs are almost anything but temporary. When this program expires and mortgage rates reset, we will see new calls for a rate-freeze plan, maybe for two years, maybe for five, or maybe for more.

Some drastic proposals have called for the federal government to purchase existing mortgages and take upon itself the process of rewriting these and guaranteeing the resulting new mortgages. Aside from exposing the government to tens of billions of dollars of potentially defaulting mortgages, the burden of which will ultimately fall on the taxpayers, this type of plan would embed the federal government even deeper into the housing market and perpetuate instability. The Congress has, over the past decades, relentlessly pushed for increased rates of homeownership among people who have always been viewed by the market as poor credit risks. Various means and incentives have been used by the government, but behind all the actions of lenders has been an implicit belief in a federal bailout in the event of a crisis.

What all of these proposed bailouts fail to mention is the moral hazard to which bailouts lead. If the federal government bails out banks, investors, or homeowners, the lessons of sound investment and fiscal discipline will not take hold. We can see this in the financial markets in the boom and bust of the business cycle. The Fed’s manipulation of interest rates results in malinvestment which, when it is discovered, leads to economic contraction and liquidation of malinvested resources. But the Fed never allows a complete shakeout, so that before a return to a sound market can occur, the Fed has already bailed out numerous market participants by undertaking another bout of loose money before the effects of the last business cycle have worked their way through the economy.

Many market actors therefore continue to undertake risky investments and expect that in the future, if their investments go south, that the Fed would and should intervene by creating more money and credit. The result of these bailouts is that each successive recession runs the risk of becoming larger and more severe, requiring a stronger reaction by the Fed. Eventually, however, the Fed begins to run out of room in which to maneuver, a problem we are facing today.

I urge my colleagues to resist the temptation to call for easy fixes in the form of bailouts. If we fail to address and stem the problem of moral hazard, we are doomed to experience repeated severe economic crises.

——————–

The Dollar is a Big Element of U.S. Security (2/29/08)

The following letter to the editor from Dr. Paul ran in today’s Wall Street Journal:

“I was delighted to read in Judy Shelton’s op-ed, “Security and the Falling Dollar” (Feb. 15), that at long last the security implications of the dollar’s collapse have made their way into the mainstream media. The dollar’s strength (or lack thereof) has been of paramount concern to me, and the subject of many of my statements over the past several years. Decades of manipulation by the Federal Reserve have benefited the government and certain politically-connected firms, while gradually destroying the purchasing power of middle-class Americans. Despite numerous warnings in the past, it is only now at a point of acute crisis that Washington insiders are beginning to awaken to the reality of the end of dollar hegemony.

“While I desire reform of our current monetary system, my own proposals have not been as all-encompassing as Ms. Shelton’s suggestion to return to a Bretton Woods-style system. Her recommendation, though, that gold backing should make up a component of a future monetary system, is one that we would all do well to heed. My own legislative proposals focus around eliminating the taxes and laws that dissuade individuals and institutions from using gold as currency or as a backing for currency. By allowing market processes to determine the issuance of currency, we can allow individuals to decide for themselves what currency they wish to use. This would lead to a gradual reintroduction of sound money and avoid the market shocks that occur when monetary decisions are mandated by government fiat.”

Rep. Ron Paul (R., Texas)
Washington

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Stagflation! Must be that strong economy…

Posted by Jesse on February 29, 2008

The problem with “debt monetization”

Posted in abortion, antiwar, Constitution, Current Events, democrat, economy, Education, election 2008, free market, Gold, healthcare, internet, Libertarian, mccain, obama, old right, Politics, republican, Rights, Ron Paul, technology, Video | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments »

Who’s lying and why?

Posted by Jesse on February 26, 2008

we know ron paul is for the people. he is not lying. why not vote for him?

still don’t believe me? listen to the CIA’s Head of the Bin Laden Unit

Posted in abortion, antiwar, Constitution, Current Events, democrat, economy, Education, election 2008, free market, Gold, healthcare, internet, Libertarian, mccain, Politics, republican, Rights, Ron Paul, technology | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments »

Undestroy America

Posted by Jesse on February 20, 2008

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February 14, 2008

Top Three Contributors to Ron Paul are U.S. Army, Navy and Air Force

Message of strong national defense and strictly following the Constitution resonates with American servicemen and women.

ARLINGTON, VIRGINIA – According to opensecrets.org, the top three contributors to Republican presidential candidate Ron Paul’s campaign are from the U.S. Army, U.S. Navy and U.S. Air Force respectively.

“No matter how you measure it, Dr. Paul has the support of our nation’s brave servicemen and women,” said Kent Snyder, Ron Paul 2008 campaign chairman. “His message of a strong national defense, and only going to war with a declaration of war – as mandated by the Constitution – resonates with those who risk their lives to defend that Constitution.”

No branch of the military appears among the “top contributors” to GOP frontrunner John McCain’s campaign.

Additionally, Ron Paul’s military contributions are greater than those of all other current candidates – John McCain, Mike Huckabee, Hillary Clinton and Barack Obama –combined.

The “Top Contributors” figures can be found at www.opensecrets.org.

For more information on military contributions to Dr. Paul’s campaign, read this press release.

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