Ron Paul's Anti-Progressive Agenda - by Stephen Lendman
Most Paul supporters don't understand his agenda.
Compared to a rogue's gallery of Republican aspirants, supporters claim Paul looks good by comparison. Look again and think carefully about America in his hands.
True enough, he wants the Federal Reserve abolished. He calls it "dishonest, immoral, unconstitutional," and America's "great(est) threat to....security and prosperity."- Advertisement -
"Out-of-control (and) secretive, (it) pumps money into the economy whenever it chooses and makes secret deals with Wall Street executives, foreign central banks, and other politically-connected insiders without any significant oversight from Congress."
Several times in Congress he introduced the Federal Reserve Abolition Act. Without co-sponsors, no further action followed.
Yet, restoring sound money and producing growth requires Fed abolition. Money power in private hands is scandalous. Returning it to public hands where it belongs is essential; namely, the US Treasury as the Constitution's Article I, Section 8 mandates.
Wanting America's wealth used for productive growth, Paul opposes squandering it on imperial wars. At the same time, his hard-right world view stops short of criticizing US imperialism and endorsing peace, despite saying:
"We can no longer afford to police the world, in terms of both dollars and American lives. We will destroy ourselves if we do not stop, build a strong national defense at home, and focus on commerce with the world instead of empire."