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The Supreme Court struck down a Trump executive order ending "birthright citizenship" in the United States, citing the 14th Amendment. Those born on US soil therefore can still claim US citizenship. Did they get it right?
It's official: the US war against Iran is now the most unpopular major war in US history. Support for the war started underwater in February and only went downhill from there. But where is Congress? Where are the protests?
By Ron Paul
Former Federal Reserve Chairman Alan Greenspan passed away last week at the age of 100. Greenspan chaired the Fed from 1987 through 2006. Despite being a lifelong Republican, Greenspan refused to lower interest rates, though doing so may have helped George H.W. Bush’s 1992 reelection campaign. However, he did tailor monetary policy to support President Clinton’s 1993 budget, as well as the 1997 bipartisan budget deal. Greenspan’s handling of monetary policy was widely credited as responsible for the 1990s strong economy. As a result, the cult of the Federal Reserve chairman reached new heights under Greenspan. During Greenspan’s tenure it became so common for the Fed to act to help bail out large financial firms that experienced financial difficulty that many began referring to the “Greenspan put.” Greenspan was even the subject of a bestselling biography by Bob Woodward titled Maestro. New Republic reporter Stephen Glass wrote about Wall Street professionals maintaining a shrine to Greenspan. While the story was later revealed to be one of many fabrications created by Glass, at the time it seemed believable that Wall Street offices would contain shrines to Greenspan. Greenspan’s reputation survived the bursting of the Fed-created tech bubble. The Fed responded to the bursting of the tech bubble and the economic downturn following 9-11 by creating another bubble, this time in housing. Greenspan had already left the Fed when the housing bubble burst. His successor Ben Bernanke undertook unprecedented interventions in the economy. The meltdown, and the Fed’s response, coincided with the rise of a new liberty movement. This movement, which included a large number of young people, made opposition to the Federal Reserve a central part of its agenda. The liberty movement influenced the larger Tea Party, making monetary policy a major issue in American politics for the first time in over a century. Skepticism of the Fed was common in both the Tea Party and the left populist Occupy Wall Street movement. Many people involved with the Tea Party and Occupy Wall Street properly viewed the Fed as an institution that serves the elites at the expense of average Americans. The increased focus on the Fed resulted in the Audit the Fed bill twice passing the House. Continued opposition to the Fed among regular Americans is fueled by President Trump’s public (and often misguided) attacks on the central bank. The Fed’s continued devaluation of the dollar, done in large part to monetize the government’s almost 40 trillion dollars (and growing) debt, will lead to a dollar crisis. That dollar crisis will permanently destroy not just the Fed’s reputation but the Fed itself along with the welfare-warfare state. Ironically, a good explanation of why fiat currency is the enemy of liberty and gold is the friend of liberty is provided in “Gold and Economic Freedom” written by none other than Alan Greenspan and published in Ayn Rand’s The Objectivist newsletter in 1966. In that essay Greenspan wrote “Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.” Those seeking the path to prosperity and liberty should embrace the wisdom Greenspan showed before he became the fiat money maestro.
A new/old fear is circulating...The Socialists Are Coming! It is true that the policies of the Trump Administration have been so bad, that they're virtually rolling out the red carpet for the Socialists to take power. But what else is new? The sad truth about the Uniparty in America is that they're all Socialists! The only difference is how they wrap their own version of socialism for public consumption. Does Liberty have a chance against this two-headed snake?
The "hidden" cost of ill-advised wars is borne by the American taxpayer, who funds the war not through direct taxation but indirectly through dollar degradation through inflation. Even a one trillion dollar military budget was not enough to fight a single war in the Middle East.
Celebrated opponent of the Fed, G. Edward Griffin, joins the Liberty Report for the first time to take a look at the new Fed Chairman, the war on sound money, and the tightening grip of the swamp monsters on our freedom.
America's top podcaster, Tucker Carlson, has announced that he's finished with the Republican Party after many decades of support. Carlson joins other figures like Thomas Massie and MTG being out of place in a party that is philosophically bankrupt. Is a new political movement being born?
By Ron Paul
Against the odds, the Memorandum of Understanding signed by the US and Iran appears to be holding, after threats and counter-threats. It may collapse, but it has survived a first round of talks between the two sides in Switzerland over the weekend. President Trump started a war on Iran against all sober guidance and in violation of the US Constitution’s requirement that only Congress can declare war. There must be a reckoning for our elected leaders who violate their oath of office, the Constitution, and simple common sense. However, what is more telling is the reaction when President Trump finally took the correct move and attempted to end the war. The neocons who had hailed him as a great leader – Levin, Bolton, Pompeo, etc. – suddenly turned against him when he turned against further escalation of the war. Even Trump’s top funder, Miriam Adelson, attacked Trump in her newspaper Israel Hayom. “You could have been the greatest president of all, but you failed,” the newspaper wrote in an editorial. Not much gratitude from the Israel-first crowd, even if the war was started to benefit Israel. And more telling even than this was the reaction of the “opposition” party in Congress, the Democrats. They attacked him harder for ending – or at least pausing – the war more than for starting the war in the first place! Sen. Adam Schiff (D-CA) called the MOU a “capitulation.” Sen Chris Murphy (D-CT) called the MOU an “embarrassing document.” Sen. Amy Klobuchar falsely claimed that President Trump was paying Iran $300 billion to re-open Hormuz. This is more evidence – as if any is needed – that our foreign policy is run by the “uniparty.” When it comes to wars, there is no Republican Party nor is there a Democratic Party. There is only the “yes!” party. Congress remains silent in the run-up to war. Congress remains silent when the President launches a war. Congress even remains silent when the war begins going badly. It is only on those rare occasions that a president takes steps to correct his mistake that Congress finds its voice. Yes, there is plenty to criticize. After weekend talks, the US side, led by Vice President JD Vance, is celebrating as a “breakthrough” that the Strait of Hormuz is open again and that Iran has reportedly agreed to the return of UN inspectors. But the Strait was open before this war and UN inspectors were in Iran before President Trump unilaterally pulled out of the JCPOA “Iran Deal” in his first term. The only difference now is that we burned through likely several hundred billion dollars, we lost dozens of aircraft and other military equipment, and we likely lost more service members than the Pentagon is admitting. It is a reminder of why the Founders intended to make sure that any war must be declared by the people’s Representatives before the first bullet is shot: it should be very hard to launch wars. Nevertheless, those who are truly against the wars should, in my opinion, hold their fire for the time being in hope that a lasting resolution can be found. The President Is being attacked from all sides by the war party. Now may not be the best time for the peace party to join in.
Treasury's OFAC has issued a 60-day license for Iran to sell its oil - even to US buyers. It has been at least since 1987 that such a license has been granted. With US oil supplies dwindling, has reality set in for the US side?
The "big if" with regard to the Memorandum of Understanding was if the fighting would stop with Israel in Lebanon. It didn't stop, and Iran has closed the Strait of Hormuz once again. Will Iran's tight grip on the Strait of Hormuz ultimately force President Trump to put America First?
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