“They Want CHAOS In The Streets"– Ron Paul On Empire Collapse, Censorship & The WAR On Liberty
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In this podcast interview, Dr. Ron Paul addresses the current political and economic landscape, arguing that while specific issues like tariffs or deals involving BlackRock are secondary to broader philosophical principles, the United States is facing a "moral bankruptcy" alongside its financial crisis. He contends that the government has grown too large due to an acceptance of interventionism by both major parties, leading to unconstitutional wars, fraud, and abuse within institutions like the Federal Reserve and USAID. Paul emphasizes that true liberty requires voluntary agreements between individuals rather than state coercion; however, he warns that attempting to shrink the federal deficit or eliminate programs like Social Security without a fundamental shift in public attitude will result in severe pain, suffering, and potentially civil unrest as bubbles burst and liquidation occurs. Paul identifies the Federal Reserve's ability to print money and buy government debt as one of the most immoral acts in history, effectively taxing the middle class and poor by devaluing currency through inflation. He asserts that this system is a form of violence against individuals who are forced into malinvestment cycles created by artificial interest rates. Furthermore, he critiques the expansionist foreign policy initiatives proposed by President Trump and Elon Musk, such as acquiring ports in Panama or Greenland, viewing them not as progress but as aggressive uses of force that violate libertarian principles. He argues that these actions rely on government coercion rather than voluntary trade and will eventually lead to a crash when the empire's debt becomes unsustainable. Despite concerns about potential chaos from market corrections or political instability, Paul expresses profound optimism rooted in his belief that "an idea whose time has come cannot be stopped by armies." He points to the resilience of young people who are increasingly rejecting government indoctrination and embracing natural law principles—specifically that one should not lie, cheat, steal, or kill—as evidence of a renewal for liberty. While he acknowledges that universities remain bastions of anti-libertarian philosophy, he highlights homeschooling groups and independent thinkers as the true remnant keeping these ideas alive. He believes that once people understand Austrian economics and the necessity of non-aggression, they will naturally reject government overreach, even if it takes time for cultural shifts to materialize fully. The conversation also touches on historical context, with Paul recalling his service in the military during the Cuban Missile Crisis and JFK's assassination, which he views as part of a larger pattern involving the CIA and FBI rather than isolated events. He notes that while many Americans still believe government lies about such tragedies, this skepticism is healthy and indicates a growing awareness among the populace. Ultimately, Paul concludes that the path forward involves educating people on economic reality and moral philosophy so they can recognize when their rights are being violated by special interests or authoritarian technocrats. He maintains that although the damage from decades of debt expansion has already been done, the eventual liquidation will clear the way for a society based on voluntary interaction, where individuals own what they earn without relying on state subsidies or forced taxation.
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but you're talking about is so little
this is a big problem and you think
you're going to change things
Congressman Paul why don't we just open
up the Constitution and read
it do you think president Trump and musk
are making progress in shrinking the
government today I am not expecting the
budget deficit to shrink this year nor
the next year because there's too many
people who have become dependent on it
so there'll be an emergency this year
believe me has the Enemy of the State
changed and evolved from what it was in
the 70s ' 80s '90s to who it is today
the people that run our universities are
not on our side the education of our
founding fathers is unbelievable and uh
there were no universities to brainwash
them if the situation and the scenario
happened that you're claiming to get it
to the levels that you'd like it to get
to it's a massive disruption to the
system no the damage has already been
done bubbles have to burst you better be
prepared because that would probably
cause a civil war you don't sound
optimistic no I'm the most optimistic
person in the
world 30 second did you ever think you
were made I feel I'm so tast sweet
victory I know this life Adam what's
your the future looks bright my
handshake is better than anything I ever
signed right
here you are a one of one my son's right
I don't think said this
before today we have somebody who has
developed and he may not even know it
I'm sure he does thousands of Disciples
of his because of what he's taught over
the years and every time he speaks I was
just sharing a story uh with uh Dr Ron
Paul earlier about what you and I the
first time we sat down together in
Houston
uh and not stuck with me till today it's
a it's an honor again to have you on the
podcast Dr Ron Paul how you doing sir
thank you very much Patrick good to be
with you again it's great to have you on
here so question with everything that's
going on right now with all the policies
that we're seeing where you you're
seeing you know the deals happening with
the Panama Canal and black rock or Doge
the the Elon talking about the hundred
billion doll in savings or the Tariff
Wars between Canada and uh China and us
and Mexico with everything that is
taking place what are you most excited
about and optimistic about and what are
you most concerned about oh boy uh you
you know the individual issues that you
mention are secondary for me to the
philosophy that motivates people to do
things so if somebody is a socialist or
somebody is a Libertarian uh who
motivated what have they read who's
influenced your ideas so uh I think
right now what we're facing basically is
the uh late recognition how much trouble
we're in and uh of course they're
they're once again saying well yeah
there's too much govern we have to cut
waste Fraud and Abuse well I've heard
those terms all the time over the years
and uh nothing really really happened
but I think this time it's different
because it's bigger and there there's a
sort of a conclusion of end coming
because the bankruptcy and I used to
talk about oh well there's a moral
bankruptcy and a financial bankrupcy and
I would talk mostly Financial because I
was more interested in the monetary
system and the debt but uh you know
lately I I think I have been moved not
that I think there's a big difference
between it because you can't separate
the two but I think the the moral
bankrupt is what uh what exists and has
existed throughout all the history you
know good versus evil and uh and and and
the whole thing about natural law versus
government law all these things these
are the big pictures and where do people
fit in on this uh then I try to simplify
and say well you know are you an
interventionist or not you know and I
can talk to you about you know where you
want to intervene oh yeah I want to
intervene and do this and that well my
view is that we as individuals and
especially if you're in government you
should be a
non-interventionist other than to uh
deal with people who are aggressive and
causing trouble but uh for for telling
people how to live what to do how to
spend their money how to draft kids and
send them around and start wars and
without declaration all this stuff there
there's a lot of a lot of
interventionists and guess who I think
it is I think there's just only two
parties you have to worry about
Republicans and Democrats because they
accept these principles but that doesn't
mean I can't see the difference and in
some place you know they definitely is a
better movement they all talk about you
know now oh you got to cut the spending
cut the spending but I think I think
it's coming to a climactic end uh I
think 36 trillion dollars or something
and then then I hear schemes like oh all
we have to do is buy a couple crypto and
they're going to go up in value we're
going to pay off the national debt well
that's just you know grabbing the straws
on solving the problem because the
problem is you know a moral approach to
no to committing oneself to
non-aggression I'm not going to use
Force but go everything government does
is is the use of force and uh and and
that has to be designed there will be
some Force we have a National Defense
and things like this but uh in
individuals our problem I think stem
from the fact that most people still in
spite of all the violence in the street
most Americans would say no you
shouldn't uh lie cheat steal and kill
people you know that's aggression but
what do we do when governments do it we
totally ignore and participate it and
send the money without the uh without
even paying any attention to the
restraints in the Constitution I'm
thinking you know like declaration of
war look look at all the war and the
killing that's gone on and all the money
spent which is all unconstitutional and
it's violent the monetary system it's
just an act of violence that that is so
so corrupt that that's fraud and abuse
and and yet that isn't even being
discussed today how how terrible that is
uh but you know you or I Patrick if we
did it that we'd go to jail for that and
they still know that if we steal and
hurt people that's bad but if you look
at it stupidity and Ill advised people
and people who who just want more power
and money and in in government they
cause a lot of harm and if I compare
that to uh uh you you know what people
think oh all we have to do is get rid of
usaid and things will be okay up for
getting rid of that believe me but
there's a lot more to it I want to see
and and discuss the philosophic
principles that allow people to justify
their involvement in participating in
this violence so so how do you feel
about what they're doing with Doge now
and if you were an adviser at the
highest level maybe even leading the
charge what else would you go after next
I I wouldn't go after I would
still want to attack it in a philosophic
way today uh see if you if you have a
bad program and right now we're starting
to see that they'll have to retain some
of usaid and it's the principle if you
permit something just 10% of what you
think is that's the seed and it'll grow
if the Congress could has an argument
should this budget be a 100 billion or
90 billion and they set for 95 that's
not progress that's endorsing a 100% of
the principle that they should be
involved in either you know some type of
social program that's helping the very
wealthy the Pharmaceuticals or the or
the uh military industrial complex so
once you commit to that principle uh you
know then then we're in trouble but if
you're looking for one item uh I mean I
go back to the item that motivated me to
get involved in the D details of it and
I would think that uh if if you didn't
have this privilege of the very few
people who are involved to be able to
create the the uh the uh the worldwide
Reserve currency the dollar and that
would be our Federal Reserve I mean that
that is H that's how everything is paid
for and that is the most immoral thing
in the world because it's a debt I mean
it's a tax it's it's a tax it's a wicked
tax on The Middle middle class and the
poor because they print the money
devalue the currency and that is attacks
attacks on the people and they they try
to balance this and we just had a
meeting this week with the fed and they
talk about technicality oh this and that
and that and and none of that is
possible they you can't know those
things in economics you so I I just get
a biggest charge or discuss to with all
the talk about what should interest
rates be Ron what would you do what
would do interest rate well I wouldn't
try to you know you know decide because
the interest rates is so important it
tells you the price of money and whether
the activities that the people are
participating in are wise decisions or
not so it's uh I think it's that big
picture that I want to see and uh I
would I would still go if you had to one
thing it I some people ask me this I'll
say well this let change one law the
Federal Reserve cannot buy government de
and uh because they buy the debt there's
there's a guarantee and we're wealthy
and all that but I also recognize that
if I was there and I were there and I
did that and no more government no more
government purchase of
debt you better be prepared because that
would probably cause a civil
war do do you think the philosophies of
the libertarian you would still consider
yourself a libertarian today yes would
you consider yourself a
Libertarian yeah I use I use the word
but there are ways to qualify you know
even within the libertarian party there
are libertarian leaning type or or
conservative leaning and and uh yeah yes
but I still call Libertarians is the
best term that I use although because
some people think that's a negative term
I frequently will use freedom and and
and Liberty but libertarian you know as
soon as they put the aian on there
people are saying oh you're just a
Libertarian so I I use it but I know if
you said do I call myself a Libertarian
I do okay so whenever I see I and at the
end I think about Armenians because I'm
half Armenian so I think about
libertarian uh in in a different way but
the reason why I asked that question
question is do you think the libertarian
philosophies would be very difficult to
do for a company as big as ours a
country as big as ours where it would be
a good philosophy to start off a nation
with so even if somebody like you got in
it would be very hard to get it to the
levels that you would like it to get to
because to get it to the levels that
you'd like it to get to it's a massive
disruption to the system
no the the the the reason you give for
not doing it and it wouldn't work is the
reason why I want it because it is too
big you can't manage this government you
have see every for me all activity
social religious sexual International
every re every activity should be
voluntary both sides have to voluntary
uh have a voluntary agreement to what
they're doing that's what happens in the
marketplace and there's a lot of that
left but there's a lot of corruption in
it too because there's so much
regulation so this stuff about how do
you do it with this mess we have well
yeah I I think we have to get rid of it
and uh the founders knew exactly what
they were doing by trying to prevent
this but how many people and how many
times you hear them talking about
article one section 8 and and uh
amendment number 10 uh you know they
don't they mention it but uh you know
it's it's not very very very sincere I I
remember one time after pray a debate on
for the presidential thing uh some a
student came up to me and he was very
pleased he said boy I understand what
you mean and all this stuff and uh I
said uh well uh he was praising me and I
said well you know um and I was curious
because somebody at that particular
night after me you know he spouted off
how dedicated he was to the Constitution
and when I look at what they do 98% or
80% of all that happens in Washington we
is technically immoral and illegal under
the Constitution I said well why don't
you uh why why don't you go talk to him
he says well I didn't believe Bel yeah
you know so he was telling he was fing
the Delight of the Constitution but but
to hear this college kid I thought it
was astounding that all of a sudden he I
said something he said something but so
that's what I got impressed with young
people I think young people have a room
in their brain to still accept you know
uh some of the some of the newer ideas
and understanding or renewal of an idea
of Liberty and so I think it's uh I I
think it's wonderful that young people
will look at it that way but it's uh
it's it's terrible I I still think uh it
can be bo boiled down to what H what was
rily apparent through all of history of
natural law and and uh and government
law and uh even before we had uh
civilization uh the uh there there were
a lot of rules what the one the main
rules natural law you can't lie cheat
steal or kill and that's been known from
way back I
mean the uh that that was even before
they had printing presses they knew
those were the laws they were done
imperfectly but as is a natural law
people know that and they know it now
but they overcome it by justification oh
but we need it somebody is going to be
poor and uh they won't have any food
yeah I am convinced that if you want to
have the maximum amount of peace and
prosper erity you want to have the most
minimum amount of government because
there's so there's this tendency that
people who accept the idea that you can
use force uh and it not be something
that you're that's immoral they would go
ahead and do it so that's why that's why
governments grow and you can't shrink
them uh they they will end themselves
and just like the wars in so you said
government's grow and you can't shrink
them so how do you shrink to
so do you think do you think president
Trump and musk are making progress in
shrinking the government today I I I
think what they're doing philosophically
and call and calling all this to our
attention is the most important because
uh it's already look at the resistance
they're getting and uh so uh yes you
could have something here and there but
the approach right now I said well maybe
it'll work with the Department of
Education it isn't to just shrink it
it's that get it out of the federal
government at least that would be moving
in One Direction and put it all on the
states and say oh would there be
terrible education and all this and
that's just I just don't buy into that I
I think the bigger it is the more
centralized it is and if you can't do it
at the city level you go to the state
level then that doesn't they think that
doesn't work because there's too much
corruption so they go to the federal
government oh then they go to the UN and
NATO and and say well the world is too
complex you can't let people make those
kind of decisions we have to have smart
people go to these International
organizations and sort things out and
all it does is lead to lead to the bad
guys taking over but I think what uh
what musk is doing is is great but I see
it as an educational thing because quite
frankly uh I am not expecting the budget
uh deficit to shrink this year nor the
next year because there's too many
people who have become dependent on it
they they they want it and there'll be
some pain and suffering and that's the
where the real problem is so you think
it's going to take a couple years
nothing 2025 and nothing
2026 no budget
cuts there'll be budget cuts but I don't
think you I don't think you'll see the
deficit go down no I don't think in one
or two years it's going to solve the
problem but if people have all of a
sudden changed things uh people's
attitudes have to change one best recent
example I think this this point about
attitudes have to change is more
education and morality was what happened
in under uh covid I mean when from my
viewpoint as a physician and a
Libertarian I thought that was so
atrocious in what was done just because
the government government bureaucrats
was going to deny a lot of people
medications that the people decided they
wanted to take and
well we'll put him in nursing homs and
take care of him and then oh finally oh
82% of them died you know this sort of
thing so I think that uh I think that we
we we have to move in that direction
during Co the people woke up the parents
went to P PTA meeting and people it was
it was to me it was the most ridiculous
thing to live through for two or three
years we're still self suffering the
consequence how much money did
uh Trump spin he was the deficits were
horrible under those oh but this is an
emergency so there'll be an emergency
this year believe me there will be an
emergency and there'll be somebody that
is ready to invade Florida so we'll have
to we'll have to mobilize and and and
there'll be another epidemic and and
that kind of stuff so I think sound
optimistic you don't sound optimistic no
I'm the most optimistic person in the
world because I think we've made our
progress is this in this idea of uh
understanding what what is going on I
mean Austrian economics is really it
just came alive since World War II
progressivism and uh and socialism oh
how about you know the 19th century and
and that's been around a long time but
uh the I think the mis's Institute and
the various institution and that's why I
spent a lot of time in education uh more
more you know to try to explain this
because when the people became aware of
what was happening you know that finally
happen to change okay what about war how
did the people woke up and people
finally were you know figured it out
that Vietnam War was insane you know
78,000 or 68,000 Americans killed for no
reason at all and we're still
participating in Wars all over the world
and we say well yeah but no Americans
died but our bombs are killing people
whether it's in Ukraine or the Middle
East or or or Yemen it's all our bombs
and that's a moral issue because the
people sit by and say I don't even know
where Yemen is I don't care and I want
to know whether my social security check
is coming so that's going to exist
that's not going to go away but I think
the philosophy of a lot of people
outside our University system whether
it's the mises in Institute or the other
various groups because there's a lot of
good group I think that uh I think
there's a big a big positive thing when
I went even in the last uh uh two or
three decade when I went to Congress in
70
1976 I mean they looked at me and they
never what are you what are you doing
you're there's two of you up there
voting you're voting for with a radical
leftwing person but they didn't
understand the philosophy of Liberty and
why you if you're going to have Liberty
you can't have it you know in one area
you know social sexualism but not in
economic things and I think I think that
philosophy is alive and well and when I
go to college campuses and the ones I
went to campaign I was excited about
what is there and is still there and I
think you even mentioned a positive
thing when we started there's a lot of
people and I don't hardly understand it
because there's a lot of people still
talking about some of those ISS I talked
about you know 10 years ago so I I'm
very optimistic about that but but
realistic about was this an easy battle
h no it is not the reason why I said are
you optimistic is because you said
you're going to see there's going to be
an epidemic or there's going to be
something that someone's going to need
money for us to print money Florida you
said watch there's going to be a
situation for us to spend money that's
what you're saying right that's right
because that'll keep coming and that'll
keep being our problem and I don't think
I don't think non-intervention I
non-interventionism uh is far enough
along to stop all that because we're too
slow we finally stop Wars like Vietnam
we finally sto Co but we need to stop
that before they start how do you
Founders understood it how do you do
that well I think read probably read the
education of our founding fathers it's
unbelievable and uh there were no
universities to brain wash them
basically and they and they also uh they
also uh you know took they didn't have
the the system they didn't go to
government schools but boy I'll tell you
what I am impressed with their their the
education they achieved and historically
they do something about Greek history
and Roman history the whole works and
Liberty just hasn't been recently
invented but it's evolved over these
years and I think we've made tremendous
progress in the last three or four
decades uh but uh it's a it's it's a
long way to go I a realist because and I
understand human nature pretty well
because there's this over overrunning uh
you know uh o overriding issue that
people do want a free lunch and if they
have the free lunch they certainly don't
want it taken away and that's what we're
witnessing now there's a lot of
resistance out there and the
universities are still filled plug with
the people teaching the the philosophy
they gave it oh yeah boys can boys can
go what what is it bo boys can become
girls yeah and set set Olympic records
well for me as a physician and a
Libertarian that's that's sort of nutty
no I I I'm with you in that part so this
is why I asked you the question earlier
uh when I said do you think to fully get
the libertarian philosophies in there
it's tough to do when America is this
big you can talk about it but it's
easier to do to start a country and this
is kind of where I was going with it
this where I was going with and the
question I want to ask but hang let me
ask the question I I want you to go into
this part so for example right now you
said this year next year I don't see the
deficit moving we're still going to be
spending it's going to take a year or
two before we get there great so then
for somebody from the outside looks and
says okay uh Dr R Paul so Trump is
president now so then say a person like
a Joe Biden gets in in 2028 I'm just
making this up I know a lot of people
think it's going to be JD Vance and all
but let's just say Nome gets in so then
philosophies changed so if Elon and
Trump do what they do the next four
years and they show results and say they
drop another crisis that happens in 2028
to get people to hate Trump and musk and
they use fear porn and they scare the
crap out of America and they go for a
person like Nome you're constantly
changing the pendulum where philosophies
don't have enough time to create
momentum I I don't know if this makes
sense so this is kind of like Steve
Bannon was on Cuomo yesterday and Steve
Bannon was telling Cuomo that you know
what we need we need Trump to go for a
third term and kom's like that's not
possible we can't do that and he says no
that's what we need we're already
working on it I don't know if you saw
this clip or not Rob if you got it you
know I want you to hear this clip here
uh it's it's Bannon with CUO Rob if you
can plague this you'll hear the audio go
for it well a man like this comes along
once every Century if we're lucky we got
him now he's on fire and uh I'm a huge
supporter want to see him again in
2028 and obviously anybody who uh
doesn't like what you say but judges is
at a function of a lack of intelligence
doesn't know anything about you I don't
make that mistake you're a smart guy uh
you know he's term limited how do you
think he gets another
term we're working on it I think we'll
have a I think we'll have a couple of
Alternatives let's say that we we'll see
we'll see what the defition we'll see
the defition ter say what the definition
of term living
is all right well so you're talking
about litigating this issue because I
don't want people to listen to our
interview and say bannon's cooking up an
Insurrection Bannon is cooking up you
know what I mean I want I want people to
get a straight take on where your head
is what are you suggesting Chris as you
know I've had I've had greater long
shots than this we we uh supported
president Trump after the election I
realize you don't believe the election
2020 so I guess the question I'm asking
is in order for us to keep a philosophy
of Doge Department of of governmental
efficiencies going and really teaching
this don't you think you need the same
philosophy to be running the country for
12 years so everybody get locks in
locked in and saving money because if we
keep changing Administration we're
losing
momentum yeah it's not going to be two
years or 12 years how I would ask ask
you how long did it take to undermine
the basic thrust of the Revolution you
know the Constitution and how it was
written and what the ninth and 10th
amendments mean that was an erosion that
took a long long time the erosion came
from the universities and they're still
there and they preach this stuff so I
think the reason why I don't think that
uh
uh I'm not worried about it not being
done in six months or two years or three
years is the damage has already been
done there's been a you know Dam Damage
Done by by bad philosophy but he created
a monetary system and a f and a an
Empire we have an Empire they don't just
but they do disappear and I think that's
what that's what's big about what's
happening today but in economics if you
spend too much money and you have a lot
of debt and then then you uh then you
have a lot of malinvestment because if
you disrupt the interest rate people do
dumb things because they think there's a
lot of money being saved and there isn't
so you end up with bubbles and the
bubbles have to burst there's a
liquidation period so the sooner people
realize that liquidation is good in 1921
there was this crisis that came up but
in 1921 they were still not a can they
weren't canes in that you had to just
print a lot of money and a year and a
half the JD GDP went down sharply like
15% was
horrible but they didn't have any
bailout and uh everything was recovered
see what I'm con convinced of patricky
is that if I got my freedom and if you
had your freedom and everybody had their
freedom and you couldn't do any violence
that if they took all our wealth
everything in the bank is wiped out uh I
think that we're we're a year or two uh
things would just be so booming just so
people could be rewarded for their
effort and it would never get that bad
there wouldn't be anything there but if
people people didn't have an income tax
and didn't have to deal with all this
nonsense and all this regulation that's
what they're trying to do right now uh
that's what musk is trying to do but it
is it's overwhelming of what it is so I
I don't think it'll happen until people
understand you know the philosophy of uh
of what's going on on economics because
if you run up a $36 trillion Deb you say
what does liquidation mean we have to
declare bankruptcy if you or I had you
know $10 million debt and and we had to
quit we'd have to we'd have to get
another job or declare bankruptcy or
something so we could start over but not
yeah we're not ready to start over yet
we're ready we're ready for the
liquidation and that's where the real
test will be because the cultural marxis
and Marxist said we want chaos in the
streets and they're getting it and it's
going to get worse and the chaos in the
street because they want to replace it
with true Marxism I want to replate it
with true Liberty oh so here's how I
think about what you just said so if we
look at that right there 1920 1921 Rob
if you can go to the images to just see
it I know he won't be able to see but
I'll kind of state it so you'll see a
big nose dive right with what happens
that year in the economy but what
happened eight years later the the Great
Depression comes and that gives the
opportunity for a guy like FDR to say
this is why we need unemploy this is why
we need Social Security this is why we
need this this is why we need that if
the situation and the scenario happened
that you're claiming uh to happen like
let the market crash and go through it I
mean you are giving the opposition and
the Marxist an easy play to get out
there and say you see we tried we tried
trumponomics we tried Doge we tried this
and look what it did it hurt the small
guy it hit hurt Middle America how are
we going to handle so this is why I keep
when I have conversations with Li I see
myself as a Libertarian when it comes
down to economics the only thing I see
right now is in order for momentum to be
created where there needs to be a locked
in belief in one system for many years I
think that is very challenging to do in
our kind of a system and I think that's
one of the reasons why you're seeing
abandon and some of the other guys
talking about we may need to have the
same Administration for back-to-back
terms even though he can't do it for us
to actually show results on what what's
possible
okay I I think you're looking for a
gradualist approach and that should
always be you know when they came up
with a vote over the years when I was
there they put it on attach it to a bill
uh let's a let's get rid of uh waste
Fraud and Abuse so I was cynical I said
you're not going to do it and uh and
they didn't but I voted for it so there
there is it no but but on on on me
setting the stage and helping the
Marxist by pointing out this thing's
going to get worse well well you don't
have a choice if I were there and and
posed all these beliefs on shrinking
devil overnight you know or no let just
say gradualism that's what we're working
on right now just think of the reaction
they're getting uh uh you know uh Trump
and uh uh and the whole group to try to
come back they're getting a lot of group
group but you don't have a choice
the damage has already been done the
money has been spent the abuse of the
currency has been done you have the
foreign policy what did what did Trump
say today well what we need to do is
take over all the uh all the all the uh
uh all the electronic plants all all the
power plants in Ukraine oh they have oil
we'll take over that well how do we go
into the Middle East which I strongly
oppose they said don't sweat it you know
when once we take over that oil we
they'll that'll pay for all this war
mongering so they they they always have
that but it that the the the the
downside you know the the uh The
Disappearance of the debt and the Mal
investment people don't talk about Mal
investment that's all the mistakes
that's when they have 2,000 houses and
there was only the market said there was
only room for 1,000 there has to be a
bubble there and you have to have these
these correction but uh if you have the
the the correction is going to occur
yeah the the the people should
understand 1921 versus what they did in
the depression the Depression was
horrible they did they introduced so
many programs and and it never worked
until oh the war will save us yeah we'll
we'll kill millions of people and
distract them from the stupid economic
policies that we have and we then we
keep doing the same thing over and over
again and it goes back to the money
issue you could do any of thing if you
would if you didn't permit fraud by a
secret group of people to print money to
take care of the special interest well
the people the poor people have to eat
don't they yeah the poor people in the
pharmaceutical industry the military
industrial comple none of that would
exist if you couldn't print money and
maintain an Empire that has demanding
and control of the reserve currency of
the world that will dies they've die
they die over the centuries and this one
is is in the is in the death throws
pretty soon it will but it won't be
because we're tinkering around and
cutting a couple dollars here and there
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bright sir how do you feel about the
fact that President's playing offense
like he's a business guy so he likes to
own real estate and a lot of different
properties and good locations so he goes
and buys the uh I think it was a Post
Office right next to next to the White
House builds it up really nice fancy 99e
contract land Le he goes to New York
does all these great propert he always
wants to build nice Trump Towers Vegas
all over the place so his mindset is
expansion right so you hear him talk
about Canada should be 51st a you see
him broker in the deal with black rock
to buy uh the two uh uh ports on Panama
Canal they bought 43 of them for2 $2.8
billion to prevent China from from
having control over the Panama Canal he
talks about Greenland he talks about
what if we build that in Gaza he talks
about all this stuff does that excite
you or does that make you nervous saying
no no no let's just focus on America
stop looking at Panama Canal stop
looking at Greenland stop looking at
Gaza how do you view them when you hear
them saying those things well that
they're using Force to get what they
want it's anti-libertarian it won't work
it eventually crash and that's when uh
that's when people can gang up on the
people who are doing this they're using
violence to carry the these things out
and how they want to do it so what they
have to do they have to own the
government that's why you have I mean
the best thing that uh that musk has
done has exposed you know the amount
that us Aid uh has been
involved that to me is is really amazing
but uh you know most people can
understand if I go into your house and
steal something from you uh it's still
wrong and I can go to jail for that but
when the government goes and you have
regulators and you're building buildings
all over the place and you get special
deals and then you get the loans from
the government the government this USA
Aid shows how the special interest went
in a in a circuitous way around all the
rules that were there and give money out
to their special interest and most of
was political manipulation so that that
is that has to cease and it will because
the money's going to quit working you
say well that's a that's chaos yes it is
but but when it comes suddenly and uh
you have a chaos year then you have
Venezuela and the Zimbabwe and that's a
lot worse so you want to prevent that
but so my position is uh not going to be
one where next year you're we're going
to have a vote and say oh Ron Paul was
right we should cut our spending so we
want to we want to only going to vote
for people in the House of
Representatives that agree to cut 10% of
the budget every year and work our way
out of it ain't going to happen that
doesn't work that way the liquidation
has to occur and unfortunately it's very
dangerous and that's where we're that's
where we'll see the problem and it is
it's a contest between who picks up the
pieces I want to participate and
Advising or encouraging people to pick
up the pieces and go for go for Liberty
rather than saying what we have to have
our cultureal Marxist to tell tell
people you know everything in their
lives what they can do or can't do and
you know one thing that really bugs me
is when we hear that uh uh we give some
money to a country or some outfit and
then they start like a college campus
like Colombia the college campus has
come along and they start lob or they
start expressing themselves you know
about the midd East War it's just just
expression a voluntary you know freedom
of speech oh you can't do that we're
going to take your money away so that's
a double whammy they first they
shouldn't have given the money to the
university and the second thing is are
you going to take the money away in
order to control speech so they destroy
several things under those conditions
people say well and and and they say Ron
do you know what you're endorsing some
of these people are terrible some of
them are as terrible as January 6 people
I mean they were just terrible we're
going to destroy the world so that
that's why I think that uh it has to be
much more clarified and I hope I don't
confuse things so but but let me let me
ask you this going back to the question
I asked so it doesn't excite you that us
took control of the two ports and Panama
Canal away from China it doesn't excite
you that the President's trying to get
some of the natural resources from
Greenland you know even though it's
sounds out of the ordinary or the
conversations he's having with Canada
that that doesn't excite you you don't
look at it and say this all depends how
how you do it I mean if it's above board
volunteerism both sides have to agree to
it but uh if if the Panama if
technically the canal was owned right
now it's been that way for so many years
uh and you ignore that uh that's that's
not moral uh both sides it's so easy if
you say both sides have to agree whether
it's social sexual religious
economic both sides everybody knows that
about marketplaces you go in if say
somebody says this is going to cost $20
well that's too much
and somebody said well okay I'll sell it
to you for $15 both sides have to agree
but not that's not the way it is what
they do now is we have a system of
government where the lobbyists go to
Washington and dictate the sales and
what you can do socially when you think
about who gets to run in races and all
that other junk uh they uh they they
they that just makes things that much
worse because we allow the government to
use force people say well so you have to
have Force yes if uh if uh I was I was
drafted in
1962 and there were Russian missiles in
uh Soviet missiles in in Cuba and uh you
know I I wasn't somebody that you know
that actually I mean I was still
interested in foreign policy but that
wasn't my standing ground I mean that's
a lot different I do do believe that you
have to have a National Defense but uh
here here we have see I think uh I think
all this immigration stuff was more of a
an invasion because we we did something
there is we took money from people who
were working and uh we subsidized them
if you subsidize something you get more
of it uh and then we have these millions
of people come in that AR aren't exactly
our friends and we did we avoided the
whole principle of of uh property rights
because if you are if somebody comes
into your house uh uh that that they say
oh well we're short of house I want to
live in your house and we have a right
to this most Americans would say get you
you get out of here but what if you have
a town that has a thousand people and
they've work for 25 years to have an
infrastructure and the government sends
them 10,000 more and they put in a
hotel you know that's insane but it's a
property rights thing there it wasn't
voluntary there wasn't two sides
agreeing but if somebody comes in and
says you know I've worked hard I've
saved this money and I want to buy this
and that so people just really ought to
understand what volunteerism really
means it's fantastic it would solve a
lot of problems and it's not complicated
sir what year was it the first time you
got into politics what year was it first
year uh well the first minute was uh on
uh on U August 15 1971 listening to
Nixon giving a speech because I was
interested in monetary policy now I
wouldn't say I was got involved in
politics then but that was when it
really excited when he here my that was
a that was a moment well but I I wanted
to express myself so I ran for Congress
and won a seat in in 1976 okay since 71
you you saw Nixon 76 you got involved so
you know for someone like you when you
know it's it's coming from an economic
standpoint 1971 is 54 years ago so
you've seen different enemies over the
years has the Enemy of the State changed
and evolved from what it was in the 70s
80s 90s to who it is today yeah that's
where the Improvement has been there are
more people understanding what
volunteerism is and uh see then the
numbers don't bother me too much it's
the calls of people but the people that
run our universities are not on our side
I have a homeschooling group there's a
lot of homeschooling group yeah
yesterday I can't believe it there was
an announcement I think it was uh
Illinois they were cracking down on
people who were teaching their kids in
homeschooling well from their Viewpoint
it wasn't perfect we have to protect
them we have to make sure what they're
going to learn no that that's that has
to stop but it it's an educational thing
that's where there is a lot of progress
there's a lot more homeschoolers one
thing is is when you we had that
horrible time under covid the
homeschooling group grew you know
tremendously so they're out there but uh
the fact you say well that's only 10%
well I'll tell you what there wasn't uh
there wasn't 90 there wasn't 51% of the
people who endorsed the uh Revolution
back then but the leadership of our
country the founders of this country uh
were what count they were the ones that
really counted so I think that uh I
think there's a lot of positive things
on it and besides it doesn't require me
to argue that
well Patrick what we need to do is get
all our kids to learn how to shoot
straight and kill all these people
because uh they're not killing the right
people so let's go invade Greenland
that's so I
no I I think yeah you say well I I know
what's going through your mind I'm
assuming that this is this what you're
talking about is so little this is a big
problem and you think you're going to
change things by nickel and diming it no
I think an idea whose Time Has Come
cannot be stopped by armies and and I
believe this I an idea whose time has
come and I would like to help the idea
of Liberty to come where the American
people will stand up to it and really
change things sir has the president and
Elon Musk asked you for
help indirectly but not directly they
they did some positive things for me on
X they would repeat some of my program I
think the early on when this started I
put a thing up that stopped all 4 and a
and made my case for it and I think it
was reproduced you where I might get uh
50 60 70,000 people to look at my stuff
I think had millions of people when musk
put that up so he was supporting it and
they even me mentioned they they they've
tried to be friendly and you know we
talked but you know I recognize the the
significance of of what they're doing
and what I do I I can't be a very
significant person yeah I I work in a
different area changing one mind at a
time changeing it to the point where
people get excited and I I think uh I
think that's what
excites me because one person whose mind
has changed and starts something and
that's why I mentioned what people ask
me what to do just do whatever you want
to do but do it and somebody will use
you somebody will take it there you
don't force yourself and if it's an idea
whose time has come you will be used in
a positive way last question and before
we wrap up is who who concerns you the
most today you know when I think about
the Federal Reserve when I think about
who has the most power
is it the president is it Federal
Reserve is it the technocracy these
social media companies is it the richest
people in the world who who who would
you say is are the most powerful people
in the world I mean we know about the
rotschild when we read about Federal
Reserve and some of the involvement they
had who do you look at as somebody who
is very well read that are the most
powerful people in the world today well
as a group authoritarians they think
they know what happens and they can tell
people how to live and how to spend
their money because they're the opposite
of a voluntarist and who says that you
can't do anything unless both sides
agree and uh I mean most of the people
that I would look up to uh would be you
know uh free market Austrian Economist
who de who write this out explicitly
mises was a great influence on me
Leonard Reed was a influence on me from
the foundation for economic education
but they taught this and I read those
books and I understood the issues and
that's what I think is important so
whether it's 10% or
15% it's it's not a big deal for me I
mean if you if you just have the ideas
out there because the people go along
most people go along you know to get
along because you know do you think the
American people right now are worrying
about uh Greenland they they say well
that's a joke or somebody say oh that's
a good idea and and why would anybody
say such a thing so I I I think that
it's I think there's a lot of positive
things and all I know is it's spite of
the fact that there's a systemic attack
right now by most politicians in
Washington one way or the other they
attack freedom of expression that's
dangerous when I left Congress I gave a
little speech and I said that's our
biggest threat if we mess up on the
first amendment where we can't express
ourselves and believe me uh both sides
are are doing that and uh and that that
is going to be rough uh but like I also
believe that if if you if you're working
with an idea whose time has come you
cannot stop it what idea do you think
Time Has Come Today the concept of
Liberty what ideas Time Has Come Today
you're saying you're saying specifically
Liberty
Freedom yeah in my case it's liberty and
understanding the difference between
Liberty and uh chamber of Commerce free
enterprise you know
who I I had to talk to them and all they
wanted was come up in lobby for money
you uh not Lobby for Liberty but there's
more of that now but I found my
encouragement came from people that uh
actually I was shocked because people
that were still in grade school
understood this stuff as far as I was
concerned and they were excited about
and they're still communicating with me
when they were in grade school and high
school and and they're out there and I
don't know who they are and we never
know we never know who the remnant are
is made up of and they're the people who
keep things good and keep the ideas
alive the ideas are only that count but
uh the ideas of uh using government to
use Force now I don't think that what's
going on now to cut spending some people
say well that's using Force they cutting
off my check but no there's a lot of
serious people I give as much uh
positive
messages about what the uh uh commission
is doing trying to cut spending as I can
because I I know there for the most of
part their heart is in the right place
but I'm just trying to be a realist and
say well you better be prepared for
there a lot of anger out there and
people are going to be upset because
they think it's they have a right to
these things you have a right to life
and Liberty but you don't have a right
to somebody else's stuff and right now
there's too many people who still
believe that uh they have a right to
somebody else's stuff but when the stuff
runs out we better be prepared to uh
patch out the holes with something more
positive uh do you remember where you
were at the day President johnf Kennedy
got
assassinated I wrote it into my little
pamplet on that not too long ago uh yeah
I was I was drafted in October of
62 uh I was in my residency so they took
me out of my residency at tenders for
hospital and I was inducted into the
military and that was over the Cuban
crisis but I was inducted by
January and of 63 and Kennedy was uh and
I was a flight surgeon I was a head
flight surgeon at that particular day
when Kennedy Kennedy landed at Kelly Air
Force Base the b day before he was
assassinated and I had a theoretical
responsibility which was just theoretic
it was believe me nothing nothing
special other than the fact that he was
there and they told me about it I was to
be aware of it if anything went wrong I
watched the plane take off I remember
that vividly and then uh the plane I
think stopped in Houston and then the
next day it stopped in Dallas and that
was it so I I knew exactly where I was
the day before and the day of the
assassination and uh with my little
booklet I've written recently uh I I
talk a lot more about that because my
personal experience was the fact that uh
I was close to it the day before he was
assassinated how H your your impression
of what you think took place and if
you've been following any of the stories
with the 880,000 documents that have
been released has anything been shocking
to you well I didn't read There was
80,000 but uh I think today they said
well we were going to redact it all but
we didn't we are not going to do that uh
no my my pamphlet my little story about
it is I think uh matter of fact I I I
date that the
1960s as the as the decade and the
assassination as the installation or the
ex the recognition of a coup because
that's when the FBI the CIA and others
just
think uh Jack Kennedy and and Bobby
Kennedy assassinated Martin Luther King
assassinated other uh other civil rights
leaders were killed and I yes i' I've
read every book I could read and I
firmly convinced that it was it was not
a lone killer 80% of the American people
say they don't believe the government
now that's that's really healthy that's
wonderful because because because oswal
oswal nobody believes it anymore and
people too many people you know that was
one thing they always had jokes about of
uh in in in the Soviet Union they always
made jokes about you know the government
because everybody knew what the truth
was but everybody knew they had to lie
you know it filed so I I think it's a
but I do I I date the 60s as as a
conversion into what the CIA has done
and is a you can you there's a lot lot
of people who are very well versed in
this and there's a lot of books on this
and I happen to believe a lot of that
stuff to be true do you believe when you
say a lot of this stuff a part of it the
fact that he he wanted to end the fed
and that was one of the things that they
were not too happy about is that one you
believe in or not
necessarily I I believe that I've seen
some people that uh uh might not be
would they just disagree and say oh no
there were other things no i' listened
to that but uh no I I think I think it
was the monetary issue uh and uh that uh
that Kennedy wanted to stop the war but
he he except he uh uh you know increased
the war in Vietnam and that was uh but
later on there's a story about his
friend that he was living with at the
time converted him to a pnck and he he
was he had announced it will be
different after the election last
question
I've said this twice now you've been
married 68 years what secret sauce what
do you have that you can share with the
rest of
us
oh be be be tolerant be inv voluntarist
agree on what you're GNA do uh no I I
think it's uh I think sometimes it's
just being courteous to people you know
but uh I don't I I don't know I don't
have one magic thing to do but uh mostly
it's uh just basic decency sometimes
that the decency is not revealed very
often but
uh no no no special things but uh I
think that's plenty that's plenty Dr uh
Ron Paul thank you so much for your time
it's always an honor and a privilege to
speak to somebody like you that has the
wealth of knowledge and I'm I'm glad to
see that you've inspired thousands out
there that are Disciples of your
teaching that are continuing the message
so thank you so much for your
time thank you very much for having me
Patrick take care bye-bye nowadays more
than ever the brand you wear reflects
and represent who you are so for us if
you wear a future looks bright hat or
Valu tainment gear you're telling the
world I'm optimistic I'm excited about
what's going to be happening but you're
a freeth thinker you question things you
like debate and by the way last year
120,000
people got a piece of future looks
bright gearwood value tment we have so
many new things the cufflinks are here
new future looks bright this is my
favorite the green one just yesterday
somebody placed an order for a hundred
of these if you watch the pbd podcast
you got a bunch to choose from white
ones black ones I I if you if you if you
smoke cigars and you come to our Cigar
Lounge we have this high quality lighter
cutter and a holder for the cigars we
got sweaters with the Valu tainment logo
on it we got mugs we got a bunch of
different things but if you believe the
future looks bright if you follow our
content and what we represent with value
tment with with pbd podcast go to VT
merch.com and by the way if you order
right now there's going to be a special
VT gift Insight just for you so again go
to VT merch.com place your order tell
the world that you believe the future
looks bright