I am posting this letter from Congressman Dr. Ron Paul because his message is more important now than ever. During the 2008 Republican primary race Dr. Paul was ridiculed and belittled for warning about exactly what is hapening in the economy today. The vast majority of people didn’t want to heed his warnings and advice, and as a result they lost a lot of money, and are now struggling to make ends meet. All the while they still do not understand why this all is happening. It is not the fault of free market capitalism, it is the result of greedy elite, broken monetary policy by the (Private) Federal Reserve Banks, and corrupt politicians on both sides of the isle. I hope you read this letter and decide to help Ron Paul in his continuing quest to restore America to greatness.
December 17, 2008
Dear Friend of Liberty:
The Founders’ inspired vision of limited government has been kept alive by the hard work and generosity of Americans who truly cherish individual Liberty… average people like you and me.
In the toughest times… times like we are facing right now in the life of our nation… freedom fighters have always stepped forward for America—armed with whatever it takes and at whatever sacrifice—to answer the call to defend our liberty. That’s how America was born and how we, as a free and sovereign nation, have survived.
A major economic crisis is unfolding in our nation. New government programs are started daily, and future plans are being made for even more costly government expansion. All are based on the belief that we’re in this mess because free-market capitalism and sound money failed. The obsession is with more spending, bailouts of bad investments, more debt, and further dollar debasement. Many are saying we need an international answer to our problems with the establishment of a world central bank and a single fiat reserve currency.
These suggestions are merely more of the same policies that created our mess and are doomed to fail.
It is unimaginable that Congress could be so derelict in its duty. It does nothing but condone the arrogance of the Fed in its refusal to tell us where the $2 trillion has gone. Every Member of Congress and every American should be outraged that conditions could deteriorate to this degree. It’s no wonder that a large and growing number of Americans are now demanding an end to the Fed.
The Federal Reserve created our problem, yet it manages to gain even more power in the socialization of the entire financial system. The whole bailout process this past year was characterized by no oversight, no limits, no concerns, no understanding, and no common sense.
I hear daily from Americans like you who are up in arms about what is going on in our nation. Messages come into my congressional office morning, noon and night. Taxpayers are outraged by the huge bailouts, the massive expansion of government and the refusal by Congress and the leaders of both parties to follow the Constitution.
Many Americans are frustrated—or even outright angry—about failed government policies that just tighten the government’s noose around our necks.
The results of the recent election and the socialist policies that we are seeing proposed are indeed reminiscent of FDR and the New Deal and are equally dangerous. Free market economists and historians have correctly pointed out that Roosevelt’s horrendous economic policies only served to prolong and extend the severity of the Great Depression by many years. When the market is not allowed to work, government-created economic downturns are only made that much worse.
Since the financial crisi s has become more and more apparent and the attempts by the Fed, and Treasury and Congress to solve the problem have become more desperate, my phone has been ringing off the wall with calls from media outlets wanting to interview me and get my opinions about what is going on and how we need to deal with it.
During the presidential election, do you remember how the media scoffed at my suggestions that we were facing economic disaster? They laughed at my calls for limited government, for abolishing the Fed and the IRS, for cutting federal spending at home and abroad to balance our budget, and my call for a sound monetary system.
Today, with the crisis at hand, they are not laughing any more.
But, if we love our nation, it is not sufficient for us to sit back and say “we told you so.”
The task before us is huge. Our challenge is both political and philosophical, but either way the solution must begin by properly educating Americans as to why our current out-of-control, misguided political and financial systems have failed, and what must be done to turn things around.
My Foundation for Rational Economics and Education (FREE) has been waging such an educational effort for several decades. We have had a great deal of success publishing newsletters and books and producing radio and TV programs teaching people about the Constitution and free markets and sound money.
FREE has done much to educate patriots like you and to win the battle for the hearts and minds of Americans young and old. Today, however, given the severity of the crisis we face, we must do even more in our battle to spread the truth It is imperative that we redouble and expand the work and scope of FREE’s educational effort. Right now, while people are still looking for answers and even the media is trying to figure out what in the world is going on, we must step in to fill the void that exists and to provide answers and solutions for the problems that face us.
You have been a faithful supporter of the cause of liberty. You understand the serious nature of the threats that confront us and the dangers posed to our freedom and our very way of life.
It is up to us step up and lead the pro-freedom movement, not just in Congress, but in every community and at every level of government and every institution of learning.
Our ability to lead this movement comes from your tax-deductible contribution to FREE. $50 or $100, or even $250 or more if you can afford it, is urgently needed to help fund the effort to turn our government and our nation around… before it is too late.
Leadership is sorely lacking in Washington. It is time for true leaders like us to step forward and offer the vision needed to point Congress and our nation in the right direction… and to halt the assault on our nation’s sovereignty.
This is a dangerous time. But it is also an historic opportunity. Please help today with your most generous, tax-deductible gift for freedom. We must act swiftly to fill the leadership void in Washington. The time is NOW and the need is urgent!!!
Please log on to www.FREE-NEFL.com and contribute to the incredibly important work of FREE. No gift is too small… and every donation will help me continue to lead the battle for Liberty.
I’m counting on you.
P.S. If you can help with $50 or more, I will send you my “Freedom Report” newsletter for a full year as my “thank you” for your generous help. And for a gift of $100 or more I would like to send you a copy of my book on foreign policy… A Foreign Policy of Freedom: Peace, Commerce, and Honest Friendship
P.P.S. If you can help FREE with a magnificent gift of $500 or more, I’ll send you a personally autographed copy of my best-selling book, The Revolution: A Manifesto