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While President Biden continues to be out of the picture, his Administration just pledged full support to Israel after its shocking attack on both Tehran and Beirut in the past 24 hours. Will the feckless Administration allow the US to be dragged into war in the region? Also today, acting Secret Service head who denied additional resources to Trump now tells Congress he's ready to "reform" the Secret Service.
After innumerable US-backed coup attempts in Venezuela - including the almost comical Juan Guaido fiasco - one might think Americans would become skeptical when the old "stolen election" and "regime change" narrative is rolled out again. But as inn Hollywood, when you have a successful story you keep rolling out sequels. Does it matter who runs Venezuela? Only if you are in oil or minerals...or the regime change business. Also today: Pentagon accountants find another two billion dollars for Ukraine...and US debt reaches $35 trillion.
Get your tickets to the RPI summer conference: https://www.eventbrite.com/e/liberty-platform-tickets-913244618237 Apply for the Ron Paul Scholars Seminar: https://ronpaulinstitute.org/apply-now-rpi-2024-ron-paul-scholars-seminar/ 
The long-awaited Israeli expansion of its war on Gaza and Syria to include Lebanon may begin as early as tonight, sources are suggesting. How would such a move escalate throughout the region and how deeply and directly would the Biden Administration become involved? Also today, US has delivered nearly 30,000 bombs to Israel. Finally: Good news for Navy SEALs.
By Ron Paul
We can all probably agree that this has been one of the strangest Julys in memory. From the attempt on Trump’s Life to the Republican National Convention to the bizarre “coup” against Biden in the Democratic Party. With all this, it’s easy to forget some truly momentous events that happened this month. For example, the Supreme Court recently handed down three decisions of particular interest to defenders of individual liberty and limited, constitutional government. In two of these cases, the court limited the ability of federal agencies to exercise legislative and judicial authority. Unfortunately, in the third one the court refused to protect free speech from government officials. In the case of Loper Bright Enterprises v. Raimondo, which dealt with federal regulations requiring commercial fishers to pay the costs of having federal inspectors on board their vessels, the Court overturned the Chevron deference. Created in the 1984 case of Chevron vs. Natural Resources Defense Council, Chevron deference requires federal courts to accept a federal agency’s interpretation of their statutorily granted powers as long as the agency’s interpretation is “reasonable’ and does not directly contradict federal statutes governing the agency. The Chevon deference gives federal agencies almost unchecked authority to determine the scope of their authority. The agencies then enforce their interpretations of their powers via regulations. This combination of legislative and executive power violates the principle of separation of powers. Federal agencies also exercise judicial powers via the use of Administrative Law Judges (ALJs), who are employees of the federal agencies, to adjudicate cases brought by the agencies against American citizens. Fortunately, the Supreme Court also limited the power of ALJs the case of Securities and Exchange Commission (SEC) v. Jarkesy. In this case, the Court held that Congress violated the 7th Amendment right to a jury when it granted the SEC the power to impose fines on individuals accused of securities fraud. Unfortunately, the Court failed to defend the people’s First Amendment rights against the administrative state when it refused to hear the case of Missouri v. Murphy. This is the lawsuit brought against the federal government by Americans who were censored by social media companies acting at the behest of government officials. Many of the censored posts contained information about COVID that, unlike the COVID misinformation produced by government, was based on facts and not fear. The court ruled the plaintiff did not have standing to sue because social media companies removed posts without being coerced by the government and the government stopped pressuring social media companies to engage in censorship after the COVID panic subsided. These are irrelevant to the fact that government officials pressured private social media companies to remove certain posts and will likely do so in the future. If the courts will not protect online speech from the government, then Congress must so do by passing the Free Speech Protection Act. This bill forbids federal employees from taking any action that interferes with American citizens ability to engage in First Amendment protected activity. Those who violate the rule will face fines, suspension, or dismissal, and could even be banned from future federal employment. Another important piece of legislation is the REINS act, which requires agencies to obtain Congressional approval for major regulations. Congress must also begin reading the budget of all regulatory agencies with the goal of eliminating all unconstitutional federal bureaucracies.
Do you see the narrative shifting? We seamlessly went from years of covid tyranny to the Ukraine war. And now that the Ukraine war has been lost (with American taxpayers losing hundreds of billions of dollars) the narrative is shifting again; this time to Iran. This is how the U.S. has been bankrupted by endless war(s) for 100+ years. The senses of the American people are relentlessly bombarded, from every angle, in order to be enthusiastically led into the next major disaster.
Former Ron Paul chief of staff Jeff Deist joins today's Liberty Report to break down Biden's bizarre TV appearance last night to explain why he's dropping out of the 2024 race. Does it add up? How much of a threat is Kamala to Trump? What does Trump need to do to win?
The US Secret Service has presented a novel solution to former President Trump after the recent assassination attempt: stop holding large outdoor rallies. Does limiting Trump's ability to reach potential voters seem like a good solution? Or maybe should the Secret Service do its job better? Also today: Is the Secret Service Cheatle era the high-water mark for DEI? Finally...Bibi is in town!!!
The "Alternative for Germany" (AfD) party shocked Europe recently, scoring big wins in the recent EU Parliamentary elections. Brussels is terrified of the supposed "far right" gaining more power in Europe. But is AfD really "far right"? Today, AfD economist and regional spokesman Christopher Kofner joins the Liberty Report to explain what all the panic is about...and to for the first time reveal his own recent BIZARRE run-in with US Customs as he attempted to attend a conference in the US hosted by a libertarian think tank. You won't believe what happened to him!!!
No press conference? No photo-op? Not even White House Stationery? We are expected to believe President Biden announced his sudden withdrawal as the Democratic Party candidate for president...on Twitter/X? Do you believe it? Who's really running things here?
By Ron Paul
The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax reductions, that may help lower prices in some sectors and spur economic growth. However, the GOP platform does not address how the Federal Reserve’s enabling of spendaholic politicians contributes to price inflation. Other than an obligatory promise to cut “wasteful” spending, and a pledge to eliminate the Department of Education, the Republican platform is largely silent on proposals to reduce federal spending. The GOP’s apparent desire to increase military spending is a disappointment to those of us who hoped the increased skepticism of foreign intervention among Republican voters would dampen Republican enthusiasm for the military-industrial complex. The platform also opposes any reduction in Social Security and Medicare. So, the “fiscally responsible” Republicans want to increase spending on one of the largest items in federal spending (“defense”) while opposing cuts in two others (Social Security and Medicare). Interest on the national debt, another of the top spending items, will continue growing under a Republican government. The only way Republicans may look like champions of small government is by comparison with the Democrats. While it is disappointing that the Republican platform rejects fiscal responsibility, it is not surprising. President Trump increased the national debt by between seven and eight trillion dollars. While spending did explode with the covid lockdowns, the debt increased by trillions between Trump’s inauguration and the covid-inspired spending spree. Spending increased during Trump’s first two years in office, when Republicans controlled Congress. This is not the first time a Republican president has betrayed his promise to cut spending: Both President Bushes, as well as President Reagan, campaigned on pledges to cut spending then increased spending and debt while in office. Politicians could not increase the national debt unless the Federal Reserve monetizes the debt by purchasing Treasury bonds and increasing the money supply to keep interest rates low. The need to monetize the debt is the main reason the central bank must keep interest rates from rising to anywhere near market levels. According to Manhattan Institute Senior Fellow Brian Riedl, every one percent increase in interest rates increases federal interest payments by 35 trillion dollars spread out over three decades. It is no coincidence that the rise of the debt-based economy with ever-growing levels of consumer, business, and (especially) government debt — along with the accelerated decline of the dollar’s purchasing power, which reduces Americans’ standards of living — all occurred after President Nixon severed the last link between the dollar and gold. Yet, the Republican platform does not call for Congress to pass the Audit the Fed legislation, much less create a free market in money by legalizing competing currencies. Of course, the platform does not endorse ending the Fed’s ability to monetize federal debt by forbidding the Fed to purchase federal debt instruments. It remains up to those of us who know the truth to keep spreading the message that the real key to making America great again is to make money real again by auditing and ending the Fed. |
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