Perhaps they want to "end the Fed".
How about "end the IMF".
Because the IMF as world bank is the goal - the fed has to go, they don't mind.
1. Ron Paul, Ending US Membership in the IMF | Ron Paul Library
... Statement on Ending US Membership in the IMF Mr. Speaker, I rise to ... support for the International Monetary Fund (IMF). Rooted in a discredited economic ... disregard for fundamental constitutional principles, the IMF forces American taxpayers to subsidize large, ... the latest example of the folly of IMF policies. Only four years ago the world economy was rocked by an IMF-created disaster in Asia. The IMF regularly puts the taxpayer on the hook ... dictators. The only constituency for the IMF is the huge multinational banks and corporations. Big banks used IMF funds- taxpayer funds- to bail...
2. Ron Paul, Statement on the Argentine crisis | Ron Paul Library
... economy is the International Monetary Fund (IMF), which enjoys a $37 ... the latest example of the folly of IMF policies. Only three years ago the world economy was rocked by an IMF-created disaster in Asia. The IMF regularly puts taxpayers on the hook for ... dictators. The only constituency for the IMF are the huge multinational banks and corporations. Big banks used IMF funds- taxpayer funds- to bail ... Chairman, the damage inflicted by the IMF on Argentina is immense and inexcusable. This is yet further proof that the IMF was a bad idea from the very...
3. Ron Paul, The IMF Con | Ron Paul Library
... The IMF Con The IMF Con September 27, 2004 You won t hear either ... banks and corporations in particular love the IMF, as both used IMF funds-- taxpayer funds-- ... for the poor. In fact, IMF loans often do far more harm than good. At best IMF borrowers are governments of countries with little ... stop participating in international schemes like the IMF altogether. The IMF and other complex schemes only serve to...
4. Ron Paul, Argentine Default and the IMF | Ron Paul Library
... 14, 2002 Argentine Default and the IMF Imagine a hypothetical bank run by a ... called the International Monetary Fund. The IMF is an international organization comprised of member ... Congress fund such a lousy scheme? IMF supporters claim the organization exists to fight ... the evidence shows otherwise. At best IMF borrowers are governments of countries with little ... adds to their poverty and instability. IMF money ultimately corrupts those countries it purports .... In truth, Congress funds the IMF because of the corporate interests it subsidizes ... huge multinational banks and corporations love the IMF. Big banks used IMF funds- taxpayer funds- to bail...
5. Ron Paul, Hearings on Russian Money Laundering | Ron Paul Library
... law enforcement investigation. Given that the IMF claims not to know what happened to ... them, we should not allow the IMF to hide behind the shallow defense that ... we must demand a higher standard: IMF, World Bank and U.S ... head of the congressional commission on the IMF, asked recently whether the use of IMF funds could be traced, Joint Economic .... Petersburg Times ("Skuratov Says IMF Billions Sold on the Sly," ... 1999, "Get Rid Of The IMF," when they said, "The only way to stop [the IMF] from sucking up scarce resources to...
6. Ron Paul, Abortion and National Sovereignty: No Compromises | Ron Paul Library
... members voting to support funding of the United Nations and IMF. The Mexico City Policy was drafted in the ... creates large loopholes. Meanwhile, the United Nations and IMF are two international organizations which frequently act in a ... to the funding of the false UN debt and the IMF at the end of the last session of Congress ... discussed has the Republican Congress voting to approve both new IMF funding and the payment of the phony UN debt ... sovereignty by providing further taxpayer funds to organizations such as IMF and the United Nations. Fortunately many conservative pro ... penny of US taxpayer dollars to the United Nations or IMF. Although I believe that this "grand deal...
7. Ron Paul, Conduct of Monetary Policy | Ron Paul Library
.... I argued against such funding because (1) IMF-recommended currency devaluations price our agricultural goods out of the market, (2) IMF money subsidizes our agricultural competitors, and (3) IMF bailout countries have higher protectionist barriers than other countries ( ..., May 11, 1998, Agricultural Exports and the IMF: Separating Myth from Reality). The National Family Farm Coalition points out that following IMF devaluation guidelines exacerbates our agricultural trade deficits. Agricultural exports ... devaluation of over 40%. US agricultural exports to IMF bailout countries dried up during the Asian crises....
8. Ron Paul, Sorry, Mr. Franklin, "We're All Democrats Now | Ron Paul Library
... institutions, while the poor end up in drug-infested, crime-ridden housing projects. For the same reason, not only do business leaders not object to the system, but they also become strong supporters of welfare programs and foreign aid. Big business strongly supports programs like the Export/Import Bank, the IMF, the World Bank, farm subsidies, and military adventurism. Tax-code revisions and government contracts mean big profits for those who are well-connected. Concern for individual liberty is pushed to the bottom of the priority list for both the poor and rich welfare recipients. Prohibitions placed in the Constitution against programs...
9. Ron Paul, What is Free Trade? | Ron Paul Library
... by the U.S. Congress, and yet too often the Congress has been quite willing to renege on that responsibility through fast-track legislation and deliver this authority to our President, as well as delivering through agreements, laws being passed and treaties, delivering this authority to international bodies such as the UN-IMF-World Trade Organizations, where they make decisions that affect us and our national sovereignty. The World Trade Organization has been in existence for 5 years. We voted to join the World Trade Organization in the fall of 1994 in the lame duck session after the Republicans took over the control of the House and Senate...
10. Ron Paul, The Shrimp Importation Financing Fairness Act | Ron Paul Library
..., the American taxpayer could be forced to shovel more money to these countries through the International Monetary Fund (IMF). Many of the countries in question do not have free-market economics. Thus, the ... of shrimp in the first six months of 2002. The bill also reduces America's contribution to the IMF by America's pro rata share of any IMF aid provided to one of those seven countries. Mr. Speaker, it is time for Congress to rein...
11. Ron Paul, The End of Dollar Hegemony | Ron Paul Library
... good as gold. Even during the Depression, one of Roosevelt s first acts was to remove free market gold pricing as an indication of a flawed monetary system by making it illegal for American citizens to own gold. Economic law eventually limited that effort, as it did in the early 1970s when our Treasury and the IMF tried to fix the price of gold by dumping tons into the market to dampen the enthusiasm of those seeking a safe haven for a falling dollar after gold ownership was re-legalized. Once again the effort between 1980 and 2000 to fool the market as to the true value of the dollar proved unsuccessful. In...
12. Ron Paul, The Beginning of the End of Fiat Money | Ron Paul Library
... out any expression of concern for rising deficits. The effort in recent decades to unify government surveillance over all world trade and international financial transactions through the UN, IMF, World Bank, WTO, ICC, the OECD, and the Bank of International Settlements can never substitute for a peaceful world based on true free trade ... aided these trends with all being helped with advances in computer technology. But the artificial nature of today's world trade and finance being systematically managed by the IMF, the World Bank and WTO, and driven by a worldwide fiat monetary system, has produced imbalances that have already prompted many sudden adjustments. There have...
13. Ron Paul, Your Taxes Fund South American Bailout | Ron Paul Library
... loan by getting a bigger loan, like a hapless spendthrift using one credit card to pay off another. What s worse is that American taxpayers already fund the IMF with a $37 billion line of credit, so Uruguay will be paying us back with our own money! The same goes for Brazil, which just received a record $30 billion from the IMF to deal with its own looming bank collapse. Why the sudden interest in Uruguay? Treasury Secretary O Neill s statement on the matter makes it sound like Uruguay...
14. Ron Paul, Challenge to America: A Current Assessment of Our Republic | Ron Paul Library
... rep. Ron Paul - Challenge To America: A Current Assessment Of Our Republic CHALLENGE TO AMERICA: A CURRENT ASSESSMENT OF OUR REPUBLIC -- (House of Representatives - February 07, 2001) The beginning of the 21st Century lends itself to a reassessment of our history and gives us an opportunity to redirect our country's future course if deemed prudent. The main question before the new Congress and the Administration is: Are we to have gridlock or cooperation? Today we refer to cooperation as bipartisanship. Some argue that bipartisanship is absolutely necessary for the American democracy to survive. The media never mention a concern for the survival of...
15. Ron Paul, Selected Greenspan-Paul Congressional Exchanges | Ron Paul Library
... Ron Paul, Selected Greenspan-Paul Congressional Exchanges | Ron Paul Library Selected Greenspan-Paul Congressional Exchanges before the U.S. House of Representatives' Committee on Financial Services 1997-2005 3/5/1997 Mr. PAUL. Thank you, Mr. Chairman. Mr. Chairman, I want to bring up the subject again about the CPI. We have talked a lot about the CPI and an effort to calculate our cost-of-living in this country, and specifically here, to measure how much we are going to increase the benefits that we are responsible for. But in reality, is not this attempt...
16. Ron Paul, A Foreign Policy for Peace, Prosperity, and Liberty | Ron Paul Library
... If our goal is honestly to remove dictators around the world, then this is the beginning of an endless task. In the transition from the original American foreign policy of peace, trade, and neutrality to that of world policeman, we have sacrificed our sovereignty to world government organizations, such as the UN, the IMF, the World Bank, and the WTO. To further confuse and undermine our position, we currently have embarked on a policy of unilateralism within these world organizations. This means we accept the principle of globalized government when it pleases us, but when it doesn't, we ignore it for the sake of...
17. Ron Paul, Potential For War | Ron Paul Library
... was the foreign sales corporation changes dictated to us by the WTO. For years the U.S. has accepted the international financial and currency management of the IMF, another arm of one-world government. The World Bank serves as the distributor of international welfare, of which the U.S. taxpayer is ... of taking money from poor Americans and giving it to rich foreign leaders, with kickbacks to some of our international corporations. Support for the World Bank, the IMF, the international criminal court, always comes from the elites and almost never from the common man. These programs, run by the international institutions, are...
18. Ron Paul, Wrong debate in House 'leadership' race | Ron Paul Library
... believe they are entitled to taxpayer largesse. The clashes are over big-government details: the welfare poor versus the welfare rich; a foreign policy of propping up right-wing dictators versus left-wing dictators; a war on poverty or a war on drugs; "protecting" the environment or bailing out the IMF. But in the Halls of Congress, little said and less is done about getting the government out of our lives, out of our wallets and off our land. In 1994 the American people expressed a desire for leaders who push for less government. The lackadaisical effort, poor results and perceived sell-outs...
19. Ron Paul, Where To From Here? | Ron Paul Library
... were members of the controversial and highly secretive Skull and Bones Society. This fact elicited no interest with the media in the campaign. Both candidates supported the Iraq War and the continuation of it. Both supported the Patriot Act and its controversial attack on personal privacy. Both supported the UN and the internationalism of UNESCO, IMF, World Bank, and the WTO. Both candidates agreed that a president can initiate war without a declaration by Congress. Both supported foreign interventionism in general, foreign aid, and pursuing American interests by maintaining a worldwide American empire. Both supported our current monetary system, which permits the Federal Reserve to accommodate deficit...
20. Ron Paul, A Republic, If You Can Keep It | Ron Paul Library
... A Republic, If You Can Keep It January 31 February 2, 2000 A Republic, If You Can Keep It ------------ Statement of HON. RON PAUL OF TEXAS 1. Introduction The dawn of a new century and millennium is upon us and prompts many to reflect on our past and prepare for the future. Our nation, divinely blessed, has much to be thankful for. The blessings of liberty resulting from the republic our forefathers designed have far surpassed the wildest dreams of all previous generations. The form of government secured by the Declaration of Independence, the American Revolution,...
21. Ron Paul, International Trade | Ron Paul Library
... the lack thereof, of low tariffs and free trade with China. But instead, I suggest we look more carefully for the cause of the coming currency crisis. We should study the nature of all the world currencies and the mischief that fiat money causes, and resist the temptation to rely on the WTO, the IMF, the World Bank, pseudo free trade, to solve the problems that only serious currency reform can address. Technorati: Politics Technorati: Ron Paul Icerocket: Politics Icerocket: Ron Paul The complete collection of writings by Ron Paul.Iraq war,taxes,health care,abortion,borders,gun control,...
22. Ron Paul, Relations with Russia. It's Time to End US Interventionism | Ron Paul Library
... they are seeking out their old enemies as scapegoats. The Russian bear has never stopped being a ferocious one, and our own policy, which is analogous to continually poking, prodding and otherwise "climbing into the cage" with that bear, is not and has not been in our own best interests. Through the IMF, the World Bank and other such entities we have continued to provide foreign aid to the bear. In doing this we are in essence feeding a very unfriendly entity. Our US leaders have told us how we need to continue subsidizing the bear because that is the way, so they say, to keep the...
23. Ron Paul, Congress Sends Billions Overseas | Ron Paul Library
... the region. $90 million for electric power plant construction in North Korea. Why are we building power plants for brutal communist dictatorships? Millions for Iraq, Cambodia, and Sudan, all of which have oppressive governments. Do we really think the citizens will get the money? $1.4 billion for the IMF and World Bank, which simply make bad loans to questionable governments at U.S. taxpayer expense. $753 million for the Export-Import Bank, which subsidizes big U.S. corporations by giving risky loans to foreign buyers of American exports, again at the expense of taxpayers. It's...
24. Ron Paul, NeoCon Global Government | Ron Paul Library
..., major donors, major troop contributing countries, appropriate United Nations organizations, the World Bank, and the International Monetary Fund among others. This new commission will create the beginning of a global UN army. It will claim the right to intervene in any conflict anywhere on the globe, bringing the World Bank and the IMF formally into the picture as well. It is a complete new world order, but undertaken with the enthusiastic support of many of those who consider themselves among the most strident UN critics. Conservatives who have been critical of the UN in the past have enthusiastically embraced this bill and the concept of UN reform. But...
25. Ron Paul, The Case for Defending America | Ron Paul Library
... Congressman Ron Pauljanuary 24, 2002, in the House of Representatives The Case for Defending America As we begin this new legislative session, we cannot avoid reflecting on this past year. All Americans will remember the moment and place when tragedy hit us on September 11th. We also all know that a good philosophy to follow is to turn adversity into something positive, if at all possible. Although we have suffered for years from a flawed foreign policy and were already in a recession before the attacks, the severity of these events has forced many of us to reassess our foreign and domestic policies. Hopefully, positive changes will come of this...
26. Ron Paul, Statement on Paul Amendment to Defund the United Nations | Ron Paul Library
... Yes, it is true, it has not been passed, but these are the plans that have been laid and they are continued to be discussed and they are moving in that direction. Today we have international government that manages trade through the WTO. We have international government that manages all international financial transactions through the IMF. We have an international government that manages welfare through the World Bank. Do these institutions really help the poor people of the world? Hardly. They help the people who control the hands of power in these international institutions and generally they help the very wealthy, the bankers, and the international corporations. It...
27. Ron Paul, The Financial Services committee's "Views and Estimates for Fiscal Year 2003" | Ron Paul Library
... work to reduce government interference in the market that only benefits the politically powerful. For example, the committee could take a major step toward ending corporate welfare by holding hearings and a mark-up on my legislation to withdrawal the United States from the Bretton Woods Agreement and end taxpayer support for the International Monetary Fund (IMF). The Financial Services committee can also take a step toward restoring Congress' constitutional role in monetary policy by acting on my Monetary Freedom and Accountability Act (HR 3732), which requires Congressional approval before the federal government buys or sells gold. This committee should also examine seriously the need for reform of the...
28. Ron Paul, The Financial Services Committee's Terrible Blueprint for 2004 | Ron Paul Library
... work to reduce government interference in the market that only benefits the politically powerful. For example, the committee could take a major step toward ending corporate welfare by holding hearings and a mark-up on my legislation to withdraw the United States from the Bretton Woods Agreement and end taxpayer support for the International Monetary Fund (IMF). The Financial Services Committee can also take a step toward restoring Congress constitutional role in monetary policy by passing legislation requiring congressional approval before the federal government buys or sells gold. Perhaps the most disappointing omission from the committee s views is the failure to address monetary policy. This is especially troubling given that many...
29. Ron Paul, The Lessons of 9/11 | Ron Paul Library
... The Lessons of 9/11 HON. RON PAUL OF TEXAS BEFORE THE US HOUSE OF REPRESENTATIVES April 22, 2004 The Lessons of 9/11 We are constantly admonished to remember the lessons of 9/11. Of course the real issue is not remembering, but rather knowing what the pertinent lesson of that sad day is. The 9/11 Commission soon will release its report after months of fanfare by those whose reputations are at stake. The many hours and dollars spent on the investigation may well reveal little we don t already know, while ignoring the most important lessons that should be learned from this egregious attack on our...
30. Ron Paul, Foolishness of Fiat | Ron Paul Library
... has tried for more than a decade to stimulate its economy and boost its stock market by printing money and increasing government spending - and it hasn't worked. Argentina, even with the hopes placed in its currency board is nevertheless facing default on its foreign debt and a crisis in confidence. More bailouts from the IMF and the US dollar may temper the crisis for a short time, but ultimately it will only hurt the dollar and US taxpayers. We cannot expect to continually bail out others with expansion of the dollar money supply, as we have with the crises in Turkey, Argentina, and countries of southeast Asia. This...
31. Ron Paul, Time To Get Serious With Big Government | Ron Paul Library
... administering these programs. Rather, the real issue is that these organizations threaten the very idea of self-government and self-determination. We do not need to change the policies these institutions are following. We need to shut down the entire international monetary apparatus and end the international welfare state. The World Bank and IMF are not merely a significant drain on U.S. taxpayers and a threat to self-government. They also use the leverage that they purchase with our tax dollars, as a means to force less developed countries to take on new and harmful fiscal, monetary and economic regulations. This serves to leave these...
32. Ron Paul, Hard Questions for Federal Reserve Chairman Greenspan | Ron Paul Library
... value of the dollar which I think we neglect here in the Congress, here in the committee and I do not think that the Federal Reserve has done a good job in protecting the value of the dollar. And it seems that maybe others are coming around to this viewpoint because I see that the head of the IMF this week, Mr. Koehler has expressed a concern and made a suggestion that all the central bankers of the world need to lay plans in the near future to possibly prop up the dollar. So others have this same concern. "You have in your testimony expressed concern about the greed factor which obviously is...
33. Ron Paul, Why Initiate War on Iraq? | Ron Paul Library
... trade agreements only when they please us, flaunting the consensus, without rejecting internationalism on principle- as we should. The way these international events will eventually play out is unknown, and in the process we expose ourselves to great danger. Instead of replacing today's international government, (the United Nations, the IMF, the World Bank, the WTO, the international criminal court) with free and independent republics, it is more likely that we will see a rise of militant nationalism with a penchant for solving problems with arms and protectionism rather than free trade and peaceful negotiations. The last thing this world needs is the development...
34. Ron Paul, The US Dollar and the World Economy | Ron Paul Library
.... Now it looks like the international financial system built on paper money is coming to an end. Modern-day globalism, since gold's demise thirty years ago, has been based on a purely fiat US dollar, with all other currencies tied to the dollar. International redistribution and management of wealth through the IMF, the World Bank, and the WTO have promoted this new version of globalism. This type of globalism depends on trusting central bankers to maintain currency values and the international institutions to manage trade equitably, while bailing out weak economies with dollar inflation. This, of course, has only been possible because the dollar...
35. Ron Paul, How Americans are Subsidizing Organized Crime in Russia | Ron Paul Library
... TST: How Americans are Subsidizing Organized Crime in Russia March 6, 2000 How Americans are Subsidizing Organized Crime in Russia Next We Will Be Sending the FBI Abroad to Fight that Crime Organized crime in Russia is a well-known problem. One of the arguments used for not sending IMF funds to Russia was the pervasive corruption throughout their government. As quickly as the funds were appropriated, they were laundered through New York banks and off to a numbered Swiss account - probably with very little actually ever passing through to Moscow. But the proponents of aid won't give up; our tax dollars, they argue, are vital for...
