By Liberty Report Staff
According to a CNBC/Change Research poll, most voters in six swing states don't consider either Trump or Biden as 'mentally fit' to be president. But can anyone be mentally fit to do the impossible? The US Presidency has been warped into something it wasn't ever intended to be. The President was never intended to try to "run" America, let alone the entire world! Both are impossibilities, and no degree of 'mental fitness' can make either one possible.
Fresh off a viral video on Facebook, Montgomery County Judge Mark Keough joins today's Liberty Report with a clear message to Texas political leaders from local mayors all the way to the Governor's office: the measures taken to fight coronavirus in Texas have not made one bit of difference. Masks or no masks, lockdowns or no lockdowns, the survival rate for those infected with the coronavirus is more than 99 percent. It is time to open Texas up completely. 100 percent! Also, Judge Keough explains why Governor Abbott's "mask mandate" is no such thing.
By Chris Rossini
The ideas of Liberty are explicitly concerned with the relationship between one individual and another. Liberty does not mean "every man for himself," or "you have to look out for number one," or any of the other absurd smears from those who desire power to boss others around.
On the contrary, the ideas of Liberty are rooted in the principle of non-aggression. When dealing with others, trade with them voluntarily, exchange with them peacefully. Do not use aggressive or violent force to get the things that you want.
John Locke spoke of "Life, Liberty & Property." Very similarly, The Declaration of Independence enshrined the words "Life, Liberty & The Pursuit of Happiness."
In a free society, rooted in the ideas of Liberty, everyone is free to "Pursue Their Happiness." But in that pursuit, one must do no harm to another person's "Life." One must do no harm to another person's "Liberty." One must do no harm to another person's "Property."
These ideas shook the world. They built the biggest middle class to ever exist in the history of the world.
The role of government should be to adjudicate and punish those individuals that choose to pursue their happiness by harming another person or their property. The role of government is to protect individual liberty.
Peaceful and voluntary relations between individuals made America a magnet to people from all over the world. People wanted to come here to be free!
What did they want to be free from?...They wanted freedom from the exact opposite of Liberty & Peace. They ran here to escape Tyranny & War.
Randolph Bourne accurately stated that "War is the Health of the State." There's a perfectly logical reason as to why, when you look through history, you're greeted with one war, followed by another, and another.
War benefits those people who take, at the expense of those people who make. War and the associated fears (real or imagined) act as the perfect excuse to get productive people to sacrifice their liberty, their property, and sometimes even their lives.
War is the ultimate siphon. It redistributes from the bottom, up. It creates the all-too-familiar historical environment of the wealthy few, and the poverty-stricken many. War prohibits the formation of a prosperous middle class.
For those who are just joining us, the policy that the United States of America has been pursuing since the so-called "progressive era" began is one of continuous and endless war.
War does not have to be a violent endeavor. Politicians learned long ago that they can wage war on anything that they want. Look at what they've done in the name of a "War on Drugs". Look at how their "War on Poverty" creates nothing but more poverty. Look at what they've done in the name of a war on a virus!
Tyranny and War go hand-in-hand.
It doesn't have to be this way.
Liberty & Peace are always an option.
America, since its founding, has now experienced both a general condition of Liberty & Peace, as well as a general condition of Tyranny & War.
The choice should be obvious as to which America is superior.
Perhaps someday American can and will be "Great Again." Who knows? But it will never happen with the modern conception of government that aggressively wages war on anything and everything. It'll never happen when government is in the foreground overwhelming society, rather than being a non-issue that is in the background.
American can only be great again when the American people want Liberty & Peace, and the role of government is to protect it.
A Norwegian lawmaker has nominated President Donald Trump for a Nobel Peace Prize for his work facilitating the recent UAE/Israel agreement. Trump is accused of shooting from the hip - at least verbally - and his presidency is marked by significantly increased military spending. But is there some logic to the nomination? Especially considering the last US president to receive a Nobel Peace Prize?
By Ron Paul
Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning “inflation targeting” where the Fed aims to maintain a price inflation rate of up to two percent. Instead, the Fed will allow inflation to remain above two percent to balance out periods of lower inflation. Powell’s announcement is not a radical shift in policy. It is an acknowledgment that the Fed is unlikely to reverse course and stop increasing the money supply anytime soon.
Following the 2008 market meltdown, the Fed embarked on an unprecedented money-creation binge. The result was historically low interest rates and an explosion of debt. Today total household debt and business debt are each over 16 trillion dollars. Of course, the biggest debtor is the federal government.
The explosion of debt puts pressure on the Fed to keep increasing the money supply in order to maintain low interest rates. An increase in rates to anything close to what they would be in a free market could make it impossible for consumers, businesses, and (especially) the federal government to manage their debt. This would create a major economic crisis.
The Fed has also dramatically expanded its balance sheet since 2008 via multiple rounds of “quantitative easing.” According to Bloomberg, the Fed is now the world’s largest investor and holds about one-third of all bonds backed by US home mortgages.
Congress has expanded the Fed’s portfolio by giving the central bank authority to make trillions of dollars of payments to business as well as to state and local governments in order to help the economy recover from the unnecessary and destructive lockdowns.
Contrary to what most “mainstream” economists claim, a general increase in prices is an effect — not a cause — of inflation. Inflation occurs whenever the central bank creates money. Increasing the money supply lowers interest rates, which are the price of money, distorting the market and creating a bubble (or bubbles) that provides the illusion of prosperity. The illusion lasts until the inevitable crash. Since the distortions come from money creation, the system cannot be “fixed” by just requiring the Fed to adopt a “rules-based” monetary policy.
Once the lockdowns end, the Fed’s actions may lead to a short-term boom. However, the long-term effect will be even more debt, continued erosion of the average American’s standard of living, and the collapse of the fiat money system and the welfare-warfare state. The crisis will likely be brought on by a rejection of the dollar’s reserve currency status. This will be supported both by concerns about the stability of the US economy and resentment over America’s hyper-interventionist foreign policy.
The question is not if the current system will end. The question is how it will end.
If the end comes via a meltdown, the result will likely be chaos, violence, and increased support for authoritarian movements as desperate people trade their few remaining liberties in hopes of gaining security.
However, if pro-liberty Americans are able to force Congress to begin cutting spending — starting with the money wasted on militarism — and to move toward restoring a sound and sane monetary policy that includes ending the Federal Reserve, we can minimize an economic crisis and begin restoring limited constitutional government, a free-market economy, and respect for liberty.
Was the whole coronavirus panic set off by a faulty understanding of the difference between infection fatality rate and case fatality rate? One doctor in the UK makes a strong case that the mania was set off by a math mistake. Also today, more mainstream outlets concluding that lockdowns were a terrible mistake. SF government gyms remain open while commercial gyms driven out of business. Baseball madness, as Nationals general manager ejected from game...for no mask in his own private booth in an empty stadium!
You asked and Ron Paul answered. We hope you enjoy another edition of #AskRonPaul!
What is happening as the massive bubble is bursting in the US economy? Is there any hope to survive - or even prosper - in the age of Fed bubbles, Covid-19 hysteria, and riots in the street? Financial publisher and author Porter Stansberry joins the Ron Paul Liberty Report with his views on what's wrong and what we can do about it.
The gloves are off and the fight is dirty! Those who have invested themselves in the idea that locking people down, destroying economies, and obliterating civil liberties in the name of fighting a virus are furious that President Trump has begun listening to a medical professional and policy expert who has a very different view. Dr. Scott Atlas has several times mentioned the successful approach of Sweden, which did better than many European countries without locking down and without destroying its economy. The US lockdowners want Dr. Atlas gone and they are not bashful about lying through their teeth. Also today, Governor Cuomo threatens Trump; political pressure for a November Covid vaccine; are people who refuse facemasks "sociopaths"? Watch today's Liberty Report.