WEBVTT

NOTE Gold or Tyranny

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Thank you very much. It's real nice to be here. I appreciate the invitation. I appreciate seeing so many friends and so many individuals here who have helped my efforts in the past.

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I've had some tough elections in the past, as you know, and I only can pursue this adventure with help from people like you, so I deeply appreciate that.

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But I certainly want to mention the deep appreciation I have for the Mises Institute because I don't think much of politicians.

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I don't happen to believe that politicians have the solution. The solution is much closer in this room than it is any place else.

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But still, nevertheless, I pursue my efforts in a political way, and I think you probably understand exactly what I'm trying to do.

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But you know, I have to confess, though, that since I've been here, I've been rather startled.

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I met somebody who claims to be an anarchist. Can you believe that? Some of you did.

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Oh, more than one. Oh, I see. Okay. But I want you to know that I feel very special because I'm in government and people actually believe in anarchy.

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But I want to tell you, I am here from the government, but let me assure you, I'm here to help you.

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So don't fret. But I feel honored that a group like this would actually invite somebody from the government to come into this room.

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in this room, but I do feel very much at home, and of course, take all that the Mises Institute

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does very seriously, because it really is a fight for the next generation as well as

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it is for surviving tomorrow that counts, and so we have a long-term approach to this

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as well as the short term. So I'm always delighted to appear and to participate and

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encourage what the Mises Institute is doing. I went to college and medical school in the

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1950s and quite frankly there weren't very many true believers in the free market, in

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the gold standard and in libertarian views and strictly limited government, strict constitutionalism

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had long been gone. So it was at that time where I came across literature, much of the literature came out of the foundation for economic education that helped me along the way to get introduced to ideas of Hayek and Mises and others.

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But today I think there's reason to be more optimistic because there are a lot of groups now and a lot of teachers. You've met them here, a lot of professors.

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and so I think we're doing much much better but I wouldn't say that about

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Washington DC the job's not done yet don't get complacent because Washington

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hasn't changed a whole lot I was there for four terms in the 70s and early 80s

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and I was out for 12 years and went back after 12 years and actually things are

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Things are worse. I think they're worse. The system is more corrupt. The struggle for power is more intense.

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I think the financial situation of this country is worse. The dollar situation is worse. The deficits are worse.

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So in that sense, I think things are a lot worse, but we have more allies than ever before.

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So I think there's certainly a lot of room for optimism.

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Just this very week, I had the opportunity to visit with an individual that at one time was more or less allied with us, and that's our friend Alan Greenspan, you know, the one that gets to print the money, and he comes before the banking committee twice a year, and he was before the committee this week, and he is probably going to leave in about a year, so I think there will be only this time and one more time

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will be the last time I will be get a chance to ask him a short question that he can evade.

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And so this week I decided that I would be more confrontational.

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And so I thought I would try to use some of his own words to indict him.

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So I decided to use his very well-known article that he wrote in 1967 for Anne Rand's Objectivist Newsletter,

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which was, I think it was called Golden Economic Freedom, was a fantastic article, it was good stuff and a few years ago, I didn't do this in public but I did bring that article up to his attention because we were in a little meeting and we had a chance to get our picture with him and we were talking and I just happened to have with me the original copy of the Objectivist Newsletter which was that little green booklet that was faded all yellow by now and so I opened the

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page to his article and I said do you recognize this and he sort of smiled and

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says yes I recognize that and I said I'd like to get your autograph on this so he

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took out his pen and he gave me an autograph and as he was signing I said

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do you want to put a disclaimer on this article and he said no he says I read it

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recently and I endorse every word he says I agree with every word that's in

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there wouldn't change anything so I thought maybe he would be more ready to

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to open up a little bit about gold.

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So this week when I asked him about it,

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he was not quite as friendly about it

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because his answer this time was

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when I was using his words against him,

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he said, well, that was 40 years ago.

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He says, my views have changed.

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And he said something that his projections back then

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and his concerns didn't pan out.

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They weren't, it didn't work out the way he had expected.

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So I really wanted my next 30 seconds, which I couldn't get because I wanted to ask him what about today's projections, whether they'd be any better, but I didn't get to do that, but in essence what I asked him was the idea, he has told me before that paper money, that central bankers are so smart, I'm paraphrasing, central bankers are smart enough today to make paper money act as if it were gold, and therefore the adjustments and everything

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are essentially like gold and of course anybody who has an understanding of the gold standard would disagree and I pointed this out I said for instance I said the current account deficit probably would be handled quite differently under a gold standard the adjustments would occur more automatically and much quicker and we wouldn't have artificially fixed exchange rates say between the renminbi and the dollar and also the fact that the

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The price inflation, which they like to quote, has not been held in check as well as gold would.

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Of course, government statistics, the CPI, he's claiming, oh look, we've licked inflation.

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And I pointed out, well, I thought there was still a little bit of inflation left.

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So I mentioned medical costs, educational costs, cost of buying a bond.

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and also I said I think housing prices are going up a little bit and and then

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the housing prices not only go up but they they push up our property values and

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our taxes go up I said you don't even count that in the CPI and of course they

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don't they just ignore that so I was arguing a case and I think I got

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vindicated rather quickly on that because of the next day this week we saw

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at the PPI was going up at a 0.8% at the core rate so obviously I think in a group like this we all know that there's still a lot of price inflation there's a lot of basic monetary inflation out there and a lot of problem but the issue that I really wanted to hit him on is that I conceded to him that he's been very consistent over the years he always says you know if we have a problem it's your fault because you're the congressman you spend too much money cut down the deficit that's what we ought to do I said I tried to do my share I don't vote for any

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I said, but I said, I think you're part of the problem as well.

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You're part of the problem because if we, the Congress, spend the money,

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and we run up a deficit, we print a bond, and you buy it.

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You buy the bond with credit, you create thin air.

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I said, so you're part of the trouble. It's this whole system.

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And this is more or less what he was saying in that article.

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He recognized this, that under a gold standard, this is preventable.

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But he was rather adamant with me there that he does not participate and his Federal Reserve does not participate in any of this deficit financing.

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Now, the interesting thing is the chairman of the Banking Committee, which is called Financial Services, is not going to give me any extra time.

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And he is pretty strict on the time, but I always gauge it where I'm not going to ask a 30 second question because I won't get any more time because it will be used up in the answer.

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in the answer. But this time I used about three and a half minutes and Greenspan had one and a half minutes. He was well into his answer. And it's the first time I've ever seen the half of the chairman with Greenspan speaking, gaveled him down. He says the time of the gentleman has expired. Usually the person down there answering the question gets as much time as he wants to answer it. But he wasn't much interested in hearing any part of this discussion. So that's a little bit of entertainment that doesn't solve

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I don't know much of our problems, but it's something that makes it entertaining for me, at least, to put up with what I have to do in Washington.

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But a lot of people ask me, aren't you pretty darn frustrated with this?

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You've been beating your brains against a wall on this and nothing really seems to happen.

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The deficit goes up and all these problems.

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and I said you know the real truth is is I am not frustrated and I simply go

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there with low expectations I just don't expect that I'm going to change the

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world and I don't have the expectations that I'm going to be a committee

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chairman because I won't be that's that's the way it works because you have to

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you have to sell your soul and sell your votes and buy votes and and do

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whatever they want in order to participate in that so that's that's

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That's not my goal either.

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My goal has been first to run for Congress with a set of beliefs that the people would

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endorse.

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And then after there, don't hide behind them but vote that way, express them and spread

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the message exactly what I'm trying to do and just see if there is a district in this

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country that would actually know what you're doing and reelect you.

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And that's my goal.

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Not me personally to have a seat in Congress, but to have yours and my views expressed and

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voted for and be made real and then actually get a congressional district to endorse this.

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And so far, so good.

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I had four terms early on, I've been back there, I had three terms, the last election

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was the fourth term, and I kept going up on my percentages, you know, it was 51%, 54%, 61%, and then this last go-around, after the second redistricting, they gave me a district which was the weakest Republican district in Texas, and meant to be that I wouldn't lose but I'd have to work at it, but lo and behold an interesting thing happened on the way

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to the polls. Everybody else in Texas had an opponent except me. Democrats and Republicans

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all had somebody. They didn't have major opponents. So I hope that's a message. I hope the message

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that we have of liberty does appeal to Republicans, does appeal to some Democrats, does appeal

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to some independents, does appeal to the libertarians and to the strict constitutionalists. I'm

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I'm not sure that's a perfect answer because there are rumors that, you know, there will be somebody, watch out, watch out for your next primary.

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So if I want to keep doing this, I have to stay alert because the biggest noise I get are coming from those who are die-hard Bush supporters.

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And they will call and they say, why aren't you supporting the president?

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and I explain to them the issue and tell them what I believe in, what I've said, what my

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position's been, what the Constitution says, what our platform says, and all this is good

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defense.

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And they say that's beside the point.

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I want you to support the President.

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And of course the answer that I give them then is that, well, why have me here?

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I mean, why don't you just send somebody here with a rubber stamp and do whatever he says?

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I mean, if you have true representation, you want somebody there to at least read the bills

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and know what they're doing and think for themselves.

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And this is not frequent, but it's usually minimal and it usually comes from the very,

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very die-hard Republicans.

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But I am convinced from my experience of many years of doing this that our philosophy can

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be and is popular.

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For some reason, it hasn't been translated into having a lot of allies in Washington.

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But if you go about the countryside, if you go about just talking to your friends and

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neighbors, you say, well, they're ignorant and they don't know anything.

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They haven't studied this.

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They don't know Austrian economics, but if you talk to them and say, well, do you believe

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in the free enterprise system and, you know, free markets and, oh, yeah, that's okay.

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You believe that the government ought to stay out of our bedrooms?

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Yeah, that sounds like a pretty good idea.

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And then you ask them, do you think we ought to be the policemen of the world?

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And they say, obviously, we shouldn't be the policemen of the world.

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That was the campaign slogan of George Bush in 2000, you know, but lo and behold, the

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people, I think, if they know about it and have a chance, they will endorse our views,

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but all of a sudden, somebody's guard is left down because we end up with those same

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individuals who have advocated those positions and they go to Washington, all of a sudden,

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they're voting, spending like crazy and they're intervening like crazy, they militarize the

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of the World, and they promote all the international government.

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So what seems to come out of Washington's complete contradiction to, I think, what the

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people would accept and would vote for if it's offered to them because it's been offered

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to them, I think the real job is how do we keep their feet to the fire because too often

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we get careless and the politicians get away with way too much.

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You know, there was a recent piece of legislation passed dealing with the FCC on indecency.

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You know, after that, a year ago, when they had that obscenity on TV, and I guess it was

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during the Super Bowl, I don't happen to watch the Super Bowl, so I didn't get to see it.

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But anyway, Congress had to do something about that, and they passed the law, but they brought

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Let the law up again and this time penalty for obscenities on television and radio will

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be $500,000 and last year when we had to vote I voted against it because you know it wasn't

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a complicated issue because if you can read and I do take an oath of office sorry anarchists

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I still take the oath of office I say I'll uphold the Constitution but if you can read

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what does the Constitution say in the first amendment it says Congress shall write no

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No Law

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And I said to my colleagues, why are you writing these laws you're not supposed to?

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Well, the government owns the airways, so we're responsible and we have to do it.

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And you have to realize my district is south Texas, I had 22 counties at the time, very

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rural, very conservative, it's called Bible Belt.

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So you know, I have a challenge to present my views because I'd get rid of all the federal

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drug laws, you know, that's a bit of a challenge.

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So what do you do, you're not going to throw these people in jail for using bad language

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on television?

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Don't you care about your kids?

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So I voted no, and I think I was the only Republican, and it caught the attention of

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a national figure, and he thought he'd help me out.

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So he gets on his radio program and starts bragging about me, and I said, holy man, this

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Howard Stern is not helping me one bit.

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He doesn't need to be doing this for me.

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But the vote came up again, and of course it was overwhelmingly supported.

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But the principle's bad.

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We don't solve those kind of problems, but we could privatize the airways in a true sense,

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and we could teach people to turn their TVs and radios off, and a few other things could

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solve those problems.

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But in Congress, they take the principle of Congress, shall write a law.

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And if Congress doesn't write the law, we'll let the courts write the laws.

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So they're in the law writing business, and believe me, they do their job quite well.

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They write a lot of laws.

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We'd like to get them out of that.

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I'd like to have a moratorium on laws for a long time, you know, unless you repeal something.

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Now, that would be a pretty good start.

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Just the only thing that we could do, say, for five or ten years is, the only thing we

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can do to improve the country is repeal.

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And that to me would be the best thing.

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My legislation is easy to understand. It's usually one page or one paragraph, because

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it's along the lines of repealing. Now, on the other side, it's very complex. You can't

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understand it. You don't even get to read it. The Patriot Act, this huge, horrible bill

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that undermines our liberties, came to us one hour before the debate started. And it came

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and it was difficult to find on the internet. There was not one single soul that could have

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read it, because most of them couldn't even have found it. And yet, they were required.

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But the only thing is, oh, the people want us to do something, let's do it, and they

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vote for it.

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And this came up again this last week.

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I mean, we've had quite a few.

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Liberty has not been served well since 9-11, in case you haven't noticed.

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But this week, once again, we've had, you know, so many of the laws already passed with

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Homeland Security and Patriot Act and other things, but this week it had to do with the

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National ID card and of course the those who are promoting it would never call it

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a national ID card you know if we had a bill on the House floor and said

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national ID card I wouldn't pass nobody would vote for it but this was a bill to

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to standardize federal standards for all drivers licenses oh that's okay because

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we're going to catch the bad guys we're going to catch we're going to be able

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Well that was not a tough vote for me, but it was a vote that will be noticeable because there was only one Republican that voted against that as well, because it was overwhelmingly supported, and this to me is, you know, for all the bad things we have done, this one was really bad.

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I mean, not as the card will come out, it won't be horrible right away because they will be standardized requirements for all the states to follow it.

194
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But they argued with me and they said, but it's voluntary. Yeah, sure, it's voluntary. You know how it's voluntary.

195
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And so if the state doesn't do it and doesn't go along with it, anybody that lives in that state can't get on an airplane.

196
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You know, that sort of thing. So it's just a farce that it was not standardized.

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The Secretary of the Department of Homeland Security was given unlimited license to put anything he wants on that ID card.

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I mean, if you happen to belong to a gun group or a right-to-life group or who knows what, they can put that information on there.

199
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and also that the courts could not review the law.

200
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They wrote in the legislation that this would, the courts could never review this for a constitutional muster.

201
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So that open-endedness was very bad.

202
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Right before the vote, and I was getting ready to give my talk,

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one of the more senior Republicans came in and he was going to take, he can bump me and take the time,

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and he sat down, he says, Ron, we're friendly, and he says, I've decided you go ahead first because I want to hear what you're going to say.

205
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and we benefit, and technology is helping us fight our battles.

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But this technology that has already been put into the passports is this radio frequency ID,

207
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where they don't even, I told them on the floor, I said, you don't, we won't have the old cliché of saying take out and show your papers,

208
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all you have to do is walk by some scanner and they'll be able to find everything out about you without you even taking your wallet out of your pocket

209
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Because they can read what is on your passport, it's not going to be on your driver's license now, but who knows in a year or two.

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What if the other party gets in power? They might abuse our liberties if the other party gets in power.

211
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So we have to be careful, we never know who's going to be in charge.

212
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So I think that's something that hopefully that hasn't passed the Senate yet and I'm hoping that that can be stopped.

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You know each time we have a break and we have a break now because next week we have to go, is Tom DiLorenzo still here?

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We have to next week celebrate Lincoln's birthday so we get a special time off for Lincoln's birthday and others.

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and on breaks the Republican leadership sends a brochure around you know a

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notebook on our marching orders what we're supposed to do and how we're

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supposed to coordinate the the propaganda so it's it's it's to me

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insulting and of course I have to turn that around so I read it and I find it's

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entertaining and the marching orders this week was to we were supposed to

220
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I want to emphasize two things. First, the benefits of that ID card, because we're going to make you safer and secure, and make sure that you agree with this, and that was a job we had, because maybe there's some doubtful people out there.

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And the other thing we were supposed to do was to go into our districts and explain to them that the Republicans aren't cheap, that they do fund the good programs, that we have increased benefits for education and benefits for medicine and benefits for homeland security on and on.

222
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and we were to reassure everybody.

223
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At the same time, we were to explain to them

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that we're going to hold the line.

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On the discretionary spending, we're going to cut at 1%.

226
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And everybody's going to be happy.

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So that is the mentality,

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as if the 1% would make a difference,

229
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as if the 1% would get passed.

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And then the very next day after they put the budget in

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or the next week, they bring in the supplemental budget,

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which is not even mentioned in the budget, which is going to be $82 billion.

233
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But there'll be good things in there and it's growing.

234
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It was $78.80, now it's $82.

235
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And, you know, it makes it awful tempting.

236
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I mean, there's $780 million in there to build a palace in Baghdad for our embassy,

237
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you know, our ambassador over there.

238
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So you wouldn't want to look cheap over there.

239
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So it looks like they're going to get another palace.

240
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I thought they might have been able to use some of those old ones that they took over,

241
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but I guess they're using those for prisoners right now or something else.

242
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But that's the kind of stuff that's in there.

243
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And so don't expect any fiscal responsibility coming out of this Congress.

244
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I mean, if you think fiscal irresponsibility has something to do with putting pressure on the Fed to print money

245
00:25:39.240 --> 00:25:47.540
and ignore the constraints of the gold standard they put on inflation.

246
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You can expect that this is going to continue.

247
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It's not going to go away, and I'm afraid it can get much, much bigger.

248
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Just in the last 12 months, the national debt went up $664 billion,

249
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much higher than what they call the national debt.

250
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so that's the obligation and that is doesn't include all the obligation so

251
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it's a it's a in a way a minor miracle that so much can be accomplished in

252
00:26:16.140 --> 00:26:20.520
spite of what the government is doing to us but someday this is all going to to

253
00:26:20.520 --> 00:26:26.360
catch up to us and then then I think that we will see a financial and a

254
00:26:26.360 --> 00:26:32.040
monetary crisis of a serious nature one of the bill I want to mention I worked

255
00:26:32.040 --> 00:27:02.040
on that I think also is a major threat to us because of the nature of it. And that has to do with compulsory mental health screening for every child in public school. Compulsory screening without permission of the parent. And lo and behold, this came out of a commission that was also associated with drug companies. And they believe that is in the best interest of young people that they make sure that we not have anybody

256
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Drugs are going to stop the use of illegal or recreation drugs at the same time.

257
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Our government is spending all this money in cahoots with the drug companies to pump

258
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more drugs into our kids.

259
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And this one, I think we're gaining some momentum.

260
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We weren't able to stop.

261
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There was $20 million allotted for that last year, and there'll be more this year.

262
00:27:31.880 --> 00:27:34.320
is an early start, it'll be in the hundreds of millions,

263
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but they not only wanna test every kid,

264
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they wanna test everybody in,

265
00:27:38.800 --> 00:27:41.200
all the adults involved in education,

266
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but I imagine there'll be a day when somebody will say

267
00:27:43.240 --> 00:27:45.160
that every adult in this country

268
00:27:45.160 --> 00:27:48.120
ought to be tested for mental health screening.

269
00:27:48.120 --> 00:27:51.400
But we all know the stories of what it was like

270
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under the Nazis and under the communists.

271
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I mean, this whole tool that, you know,

272
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You need to be rehabilitated in a mental hospital if you happen to disagree politically.

273
00:28:04.800 --> 00:28:09.560
So that's the kind of thing that is on the horizon, maybe in a distance, but it's still

274
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a danger.

275
00:28:10.560 --> 00:28:12.880
I think it's just a horrible notion.

276
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But this starts with the fact that what in thunder is the federal government involved

277
00:28:16.960 --> 00:28:21.040
in federal education at all anyway?

278
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That's what I think is a horror.

279
00:28:28.360 --> 00:28:35.680
You know, George Bush ran on a program of no-nation building, and he thought we should

280
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not be involved.

281
00:28:36.680 --> 00:28:42.560
And one of the reasons why our foreign policy can be pursued in the type of policy we have

282
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today, of course, is because they have a printing press, we as a people, not just the Congress

283
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Token gold standard or a gold standard, during wartime they suspended it. So gold is not a panacea.

284
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Gold itself, if we followed it, it would, but gold itself cannot prevent that from happening. I remember

285
00:29:32.440 --> 00:29:37.640
a debate I had once with Milton Friedman, and one of his arguments against the gold standard was

286
00:29:37.640 --> 00:29:42.680
governments didn't stick to the rules. They would just, when they needed to, they quit following

287
00:29:42.680 --> 00:29:51.680
And he's right about that, but how could we trust them more so to print money at a certain rate or not at all?

288
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So that argument I don't think has any weight. The important thing is that gold be permitted to be legal.

289
00:29:59.680 --> 00:30:03.680
That is pretty important. So in a way we have a pseudo gold standard.

290
00:30:03.680 --> 00:30:09.680
Because today if you don't like your greenbacks in your pocket and your credit and you get a little bit worried,

291
00:30:09.680 --> 00:30:16.680
at least we have the legal right which we didn't have for quite a few years, several decades, where you couldn't even go out and buy gold.

292
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So we are, we are on a, even though that market gets fudged around and manipulated, which I believe they do, it's still available.

293
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And this means that there is a token ability for the marketplace to restrain this wild, wild spending.

294
00:30:35.680 --> 00:30:36.680
and Wild Spending.

295
00:30:36.680 --> 00:30:41.520
But anyway, the monetary system certainly goes a long way to helping to run this foreign

296
00:30:41.520 --> 00:30:45.220
policy which George Bush campaigned against.

297
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And I think that we should be deeply concerned about what's happening.

298
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There are great threats around the world, and the expansion of that war, as I see it,

299
00:30:55.640 --> 00:30:58.680
is almost absolutely determined.

300
00:30:58.680 --> 00:31:01.040
How we're going to get out of there without expansion.

301
00:31:01.040 --> 00:31:03.480
There is no way they're going to walk away from Iraq.

302
00:31:03.480 --> 00:31:08.680
And there is no way they won't retaliate once there's another accident over there.

303
00:31:08.680 --> 00:31:13.620
And they're trying to precipitate an accident, whether it's in Syria or Iran.

304
00:31:13.620 --> 00:31:16.120
And that's when it's going to expand.

305
00:31:16.120 --> 00:31:20.260
The limitation, though, eventually will be fiscal.

306
00:31:20.260 --> 00:31:25.360
The inability of the Soviets to finance their wicked system came to an end.

307
00:31:25.360 --> 00:31:28.480
But it wasn't because we built more weapons than they did.

308
00:31:28.480 --> 00:31:32.760
I mean, their whole system just collapsed because it wasn't functional.

309
00:31:32.760 --> 00:31:34.680
And ours won't be either.

310
00:31:34.680 --> 00:31:40.760
Our system can't function under the current strain if it continues much longer.

311
00:31:40.760 --> 00:31:45.960
So we as a group of people, especially a group like this, we have an obligation to ourselves

312
00:31:45.960 --> 00:31:51.000
and to our families, but if we care about the country that we live in and the values

313
00:31:51.000 --> 00:31:55.680
that we've had here, we should do whatever we can to pass this information around so

314
00:31:55.680 --> 00:31:59.920
that if it does happen, we don't get something a lot worse.

315
00:31:59.920 --> 00:32:05.440
And if we allow those individuals to continue to be in charge in Washington and we have

316
00:32:05.440 --> 00:32:10.720
a crisis, a major crisis, believe me, don't feel comfortable.

317
00:32:10.720 --> 00:32:15.440
But I think we're gaining, like I said before, we are gaining and we're moving in the direction

318
00:32:15.440 --> 00:32:23.380
of a lot more people understanding exactly what's going on.

319
00:32:23.380 --> 00:32:29.780
You know, there's a, there was a pamphlet, small booklet, an article written many years

320
00:32:29.780 --> 00:32:35.780
ago that I want to refer to, and that was written by Randolph Bourne.

321
00:32:35.780 --> 00:32:40.020
And I think most of you, many of you might not remember the name, but I think you'll

322
00:32:40.020 --> 00:32:46.740
remember the title of his essay, and it was, War is the Health of the State.

323
00:32:46.740 --> 00:32:50.900
And this is something I deeply believe.

324
00:32:50.900 --> 00:32:58.440
You know, in reading that article, it's interesting how he takes and describes the difference

325
00:32:58.440 --> 00:33:03.020
between the country and the people versus the state, and he actually puts government

326
00:33:03.020 --> 00:33:05.100
into a different category.

327
00:33:05.100 --> 00:33:11.100
And the government is more of the mechanics of what's going on, but the state is mystical,

328
00:33:11.100 --> 00:33:19.960
and it is, it represents a strong belief of a special class of people, an elite class

329
00:33:19.960 --> 00:33:28.360
of People, and he said that war is controlled by this elite class of people, not the masses,

330
00:33:28.360 --> 00:33:29.360
and they do this.

331
00:33:29.360 --> 00:33:33.440
And he had an interesting quote there which I think fits into something that's happened

332
00:33:33.440 --> 00:33:43.200
rather recently, and he said that war can be called an upper-class sport.

333
00:33:43.200 --> 00:33:47.280
And I think that's a pretty good analysis.

334
00:33:47.280 --> 00:33:52.560
Not only internationally in these fights that go on for various reasons, and there are various

335
00:33:52.560 --> 00:33:57.120
reasons why we're in Iraq, but also domestically.

336
00:33:57.120 --> 00:34:03.240
The vying for power and prestige and control is a sport in Washington.

337
00:34:03.240 --> 00:34:05.800
There's no difference between Republicans and Democrats.

338
00:34:05.800 --> 00:34:06.800
We know that.

339
00:34:06.800 --> 00:34:10.640
Even if you believed or wanted to think that we could have a democratic election, how can

340
00:34:10.640 --> 00:34:14.000
you have a democratic election if you have one party?

341
00:34:14.000 --> 00:34:16.040
That doesn't make any sense.

342
00:34:16.040 --> 00:34:19.840
So there's a sport up there, and the sport is who's going to hold the power.

343
00:34:19.840 --> 00:34:22.180
So there's no difference in belief.

344
00:34:22.180 --> 00:34:26.900
You know, whether you have Bill Clinton in there bombing the Iraqis because he wants

345
00:34:26.900 --> 00:34:33.560
to distract from his impeachments, or whether you have George Bush doing it to satisfy some

346
00:34:33.560 --> 00:34:34.800
other group.

347
00:34:34.800 --> 00:34:38.200
But it's the power struggle that goes on.

348
00:34:38.200 --> 00:34:39.200
It's intense.

349
00:34:39.200 --> 00:34:40.200
It's serious.

350
00:34:40.200 --> 00:34:43.440
So yes, there is a difference between Republicans and Democrats.

351
00:34:43.440 --> 00:34:50.440
Who's going to control the power? And they have their own little inner circle, so there's competition, so it's like a sport.

352
00:34:50.440 --> 00:35:01.440
But I think something, now you have to remember, Borne wrote that in 1918, and the sad part about Borne was that he died at the age of 32.

353
00:35:01.440 --> 00:35:09.440
He was a young man. He went through the war and ended up getting the flu, and died from the flu epidemic.

354
00:35:09.440 --> 00:35:22.440
So he never even got to finish that particular essay, but even the short essay is really worth looking at and reading because there's a lot of psychology that he writes about in what moves the people.

355
00:35:22.440 --> 00:35:33.440
But I think most of you heard this statement made, it was on the news, that I think confirms Born's idea that war is a sport.

356
00:35:33.440 --> 00:35:44.440
And this comes from this Lieutenant General, John Math Mattis. He says, this is sick. This is really sick.

357
00:35:44.440 --> 00:35:49.440
Actually, it's a lot of fun to fight, you know. It's a hell of a hoot. It's fun to shoot some people.

358
00:35:49.440 --> 00:35:54.440
I'll be right up front with you. I like brawling. You go into Afghanistan.

359
00:35:54.440 --> 00:36:00.440
You've got guys who slapped women around for five years because they didn't wear a veil.

360
00:36:00.440 --> 00:36:06.440
you know guys like that ain't got no manhood left anyway so it's a hell of a

361
00:36:06.440 --> 00:36:13.960
lot of fun to shoot them now that you know let's hope that is an absolute

362
00:36:13.960 --> 00:36:20.760
isolated incident but in a in a more general and broad way though he is

363
00:36:20.760 --> 00:36:25.480
reflecting a lot of what goes on for the elite class for various reasons whether

364
00:36:25.480 --> 00:36:29.800
it's for commercial interests, military industrial interests, banking interests,

365
00:36:29.800 --> 00:36:35.520
is territorial interest, oil interest, Zionist interest, all these things and they come together.

366
00:36:35.520 --> 00:36:48.080
Or maybe even the worst is that it's their game that they're playing because they feel this moral, religious obligation to spread goodwill, spread democracy,

367
00:36:48.080 --> 00:36:55.080
Wilsonianism, make the world safe for democracy and therefore they are doing these wonderful things.

368
00:36:55.080 --> 00:37:00.080
So that is, it's all mixed up in these motivations.

369
00:37:00.080 --> 00:37:05.080
But the real sad part comes from us, the people who put up with this.

370
00:37:05.080 --> 00:37:09.080
Pay the bills and let them inflate the money and taxes.

371
00:37:09.080 --> 00:37:12.080
And it just goes on and on.

372
00:37:12.080 --> 00:37:18.080
You know, Tom DiLorenzo was in my office the other day, a few members, and he talked about the Civil War.

373
00:37:18.080 --> 00:37:26.080
And one member who is pretty hawkish and had voted for the war, and he kept asking Tom, he says,

374
00:37:26.080 --> 00:37:34.080
he says to him, he says, how could they ever get those northern kids to have the energy and the determination

375
00:37:34.080 --> 00:37:40.080
to march in the south and fight like this and kill and kill and kill? What was their motivation?

376
00:37:40.080 --> 00:37:58.080
The motivation for the Southern was to defend their homeland, and the other side was it was a bit of this super patriotism and a little bit of coercion and a few other things that they pump them up and they feel like it's their patriotic duty to go off and fight.

377
00:37:58.080 --> 00:38:08.080
So I looked to the fellow that was making this point, I said, you know, he was concerned about the Civil War, but it's sort of like what they're doing today.

378
00:38:08.080 --> 00:38:14.080
I mean, this is why they go and fight. This is why people support the war.

379
00:38:14.080 --> 00:38:19.080
And this is the number one issue, if I have a Republican challenge me, it's on the issue of war.

380
00:38:19.080 --> 00:38:23.080
Why don't you support the president and support the war and support the troops?

381
00:38:23.080 --> 00:38:33.080
I'd like to support the troops. I'd bring them all home tomorrow if I could.

382
00:38:33.080 --> 00:38:39.960
You know, in dealing with the subject of what our obligations are and what we can do, I

383
00:38:39.960 --> 00:38:45.520
want to quote something from a long time ago.

384
00:38:45.520 --> 00:38:48.760
One thing I wanted to mention was in another conference down the hall, there was a young

385
00:38:48.760 --> 00:38:51.800
man there and he spotted me and came over.

386
00:38:51.800 --> 00:38:57.240
He happened to recognize me, but he wasn't with this conference.

387
00:38:57.240 --> 00:39:01.940
He was disturbed because what can we do and what should we do and, you know, the exasperation

388
00:39:01.940 --> 00:39:06.620
and the frustration of all that's going on.

389
00:39:06.620 --> 00:39:08.620
And I want to address that.

390
00:39:08.620 --> 00:39:10.860
And I might go about two minutes overdue

391
00:39:10.860 --> 00:39:14.460
if it's OK to do this.

392
00:39:14.460 --> 00:39:15.900
But I want to quote from something

393
00:39:15.900 --> 00:39:19.380
that happened in Roman times.

394
00:39:19.380 --> 00:39:21.860
We all know that Cicero fought a great fight

395
00:39:21.860 --> 00:39:25.540
to try to preserve the Republic of Rome.

396
00:39:25.540 --> 00:39:29.140
And in 70 BC, Cicero was a rather young man,

397
00:39:29.140 --> 00:39:31.180
and he had been studying law.

398
00:39:31.180 --> 00:39:38.660
and he was out on his first case to defend and it wasn't going well and he was defending

399
00:39:38.660 --> 00:39:45.820
a businessman who was being unfairly challenged and it was just an abuse of his liberties

400
00:39:45.820 --> 00:39:52.380
and abuse of all the rights that he was supposed to have under the Roman Empire or the Roman

401
00:39:52.380 --> 00:39:53.900
Republic.

402
00:39:53.900 --> 00:40:00.220
And so Cicero was absolutely frustrated because it looked like he was going to lose this case

403
00:40:00.220 --> 00:40:07.900
So he goes to his teacher and Scavola, it was the teacher's name, and he got a rather

404
00:40:07.900 --> 00:40:14.540
surprising answer, no soft support for Cicero.

405
00:40:14.540 --> 00:40:21.660
He said to Cicero, he says, imbecile, of what use are records presented to tribunes, councils

406
00:40:21.660 --> 00:40:27.860
or senators if the government is determined to rob and destroy a man who has displeased

407
00:40:27.860 --> 00:40:39.860
Have I truly wasted all these years on such an idiot as this Marcus Julius Cicero?

408
00:40:39.860 --> 00:40:47.860
So the message there is, you know, how can you fight this fight within the system?

409
00:40:47.860 --> 00:40:51.860
And I ask myself, you know, am I doing the same thing?

410
00:40:51.860 --> 00:40:56.860
Am I over there beating my head against the wall for this very same reason?

411
00:40:56.860 --> 00:41:04.060
Because they're not going to listen to logic, they're not going to listen and respond.

412
00:41:04.060 --> 00:41:09.380
And I see this daily on the problems that are brought to me by the bureaucrats in our

413
00:41:09.380 --> 00:41:15.480
government trying to take, whether it's an eminent domain problem or some type of regulation

414
00:41:15.480 --> 00:41:20.860
or some horrible regulation on imports, there's all kinds of things that people come to and

415
00:41:20.860 --> 00:41:25.500
are just being harassed to death by our government.

416
00:41:25.500 --> 00:41:33.100
But are we, if we work in Washington like myself, are we just being frustrated in the

417
00:41:33.100 --> 00:41:39.780
sense that we're dealing with it by pretending that they're going to listen to us?

418
00:41:39.780 --> 00:41:46.980
And my answer to that would be that I think that if we think only working through the

419
00:41:46.980 --> 00:41:52.700
agencies of government and hiring a real good lobbyist is going to solve our problems and

420
00:41:52.700 --> 00:41:57.380
and not deal with the principle, I think that would be the case.

421
00:41:57.380 --> 00:42:02.460
I don't go there with the intention and the pretense and belief that I can change things

422
00:42:02.460 --> 00:42:03.700
tomorrow.

423
00:42:03.700 --> 00:42:09.540
Joe Becker is here and I reminded him and many times I believe, I am not a legislator.

424
00:42:09.540 --> 00:42:11.940
I do not come here to legislate.

425
00:42:11.940 --> 00:42:14.220
I come here for different reasons.

426
00:42:14.220 --> 00:42:18.140
I do propose legislation, but it isn't to tinker.

427
00:42:18.140 --> 00:42:20.580
I never want to tinker with legislation.

428
00:42:20.580 --> 00:42:26.200
I always want to deal with the broad picture of non-intervention, sound money, limited

429
00:42:26.200 --> 00:42:31.780
government, following the rule of law, and not to say that I have a minor victory, because

430
00:42:31.780 --> 00:42:37.460
if you get a minor victory and you get a cut of funding by a couple million dollars and

431
00:42:37.460 --> 00:42:41.540
then you vote for the bill, you've still endorsed the whole principle.

432
00:42:41.540 --> 00:42:46.260
So I think there's a difference if you work within the system and you think you're going

433
00:42:46.260 --> 00:42:47.580
to solve it.

434
00:42:47.580 --> 00:42:52.900
Ultimately though, tinkering, I think we do that out of self-defense, but ultimately the

435
00:42:52.900 --> 00:42:56.580
answer has to come with our beliefs and our convictions.

436
00:42:56.580 --> 00:43:00.540
Our beliefs and our convictions of another generation, including whatever we can do.

437
00:43:00.540 --> 00:43:05.020
Our obligations to ourselves and to our families, our friends and our churches and our communities

438
00:43:05.020 --> 00:43:11.860
to band together and to know what we believe in and to be country and to be community,

439
00:43:11.860 --> 00:43:14.420
but not to be government and not to be state.

440
00:43:14.420 --> 00:43:17.820
I think if those are the goals, if we think we can clean the state up or clean up the

441
00:43:17.820 --> 00:43:25.060
monetary system, the monetary system alone will not do it.

442
00:43:25.060 --> 00:43:31.380
Often I thought the Cicero quote also applies to my approach to the war.

443
00:43:31.380 --> 00:43:35.340
As a matter of fact, Randolph Bourne pointed this out.

444
00:43:35.340 --> 00:43:41.260
He says, even when there are laws against going to war and you have to have legislative

445
00:43:41.260 --> 00:43:44.700
of Approval, they never work.

446
00:43:44.700 --> 00:43:47.060
And he was writing of recent history

447
00:43:47.060 --> 00:43:50.900
because whether he would have remembered the Spanish-American

448
00:43:50.900 --> 00:43:54.420
War and World War I, because the executive branch have

449
00:43:54.420 --> 00:43:55.460
too much power.

450
00:43:55.460 --> 00:43:58.980
They come in and they drumbeat, beat the drums of war,

451
00:43:58.980 --> 00:44:03.700
and the executive branches or the legislative branches

452
00:44:03.700 --> 00:44:04.820
go along.

453
00:44:04.820 --> 00:44:07.780
So that makes me think, well, when

454
00:44:07.780 --> 00:44:14.340
When the resolution came before our committee, I made them vote on a declaration of war,

455
00:44:14.340 --> 00:44:17.180
more or less to show them what kind of hypocrites they were.

456
00:44:17.180 --> 00:44:20.180
They were going to war, but they didn't want to say they were going to war.

457
00:44:20.180 --> 00:44:23.160
They wanted to say to the president, you can go to war if you want.

458
00:44:23.160 --> 00:44:28.860
The fact that we have been given responsibility not to decide whether or not, we don't want

459
00:44:28.860 --> 00:44:30.740
that responsibility.

460
00:44:30.740 --> 00:44:36.380
So I used that, if I thought they were going to vote against the war or that war wouldn't

461
00:44:36.380 --> 00:44:38.860
And that I think would have been very foolish.

462
00:44:38.860 --> 00:44:45.140
But hopefully there was a message to somebody someplace that said that where, why is it

463
00:44:45.140 --> 00:44:50.580
that the Congress has given up so much of their prerogatives, have given so much response,

464
00:44:50.580 --> 00:44:55.180
so much power once again to the executive branch of government.

465
00:44:55.180 --> 00:45:00.540
And that is why, of course, we have a tremendous job before us.

466
00:45:00.540 --> 00:45:08.860
I want to close with a quote from the famous economist Ludwig von Mises, and this is a

467
00:45:08.860 --> 00:45:10.100
quote I've used before.

468
00:45:10.100 --> 00:45:16.900
You probably have heard me use it, but I think it's really applicable to what I do and to

469
00:45:16.900 --> 00:45:25.140
you as well in a different sense, and that has to do with our responsibilities.

470
00:45:25.140 --> 00:45:30.060
And he said the flowering of human society depends on two factors.

471
00:45:30.060 --> 00:45:35.220
The Intellectual Power of Outstanding Men to Conceive Sound Social and Economic Theories

472
00:45:35.220 --> 00:45:41.460
and we certainly have plenty of those individuals and men and women here today.

473
00:45:41.460 --> 00:45:50.300
And the ability of these and other men to make these ideologies palatable to the majority.

474
00:45:50.300 --> 00:45:52.380
That's what we have to do.

475
00:45:52.380 --> 00:45:55.340
We have to make them acceptable.

476
00:45:55.340 --> 00:45:59.380
Make them acceptable to the point where they believe it's in their self-interest that the

477
00:45:59.380 --> 00:46:02.300
The less government they have, the better off they are.

478
00:46:02.300 --> 00:46:06.400
The better off we would be internationally, the less wars that would be fought, the less

479
00:46:06.400 --> 00:46:10.840
economic turmoil we have, the less business cycles we would have, the less inflations

480
00:46:10.840 --> 00:46:15.060
we would have, and the more personal liberties and personal satisfaction.

481
00:46:15.060 --> 00:46:19.980
Our goals ought to be designed, our efforts, my efforts at least, are designed for one

482
00:46:19.980 --> 00:46:24.900
thing, to promote liberty, promote the cause of individual liberty.

483
00:46:24.900 --> 00:46:44.900
So that is what our effort should be, believe in very sincerely that people then have the responsibility upon themselves to promote their own virtue and to promote their own excellence, to promote whatever they need to promote their spiritual and their material life, and it's up to them, not the government.

484
00:46:44.900 --> 00:46:58.900
We now live in an age where that responsibility has been endlessly given to the government and the government has this responsibility to take care of us economically and physically and medically and educationally.

485
00:46:58.900 --> 00:47:11.900
And government can do it only. They can make an effort. They can't do it. They can only make an effort to do it by undermining liberty. So they're absolutely inconsistent.

486
00:47:11.900 --> 00:47:19.620
So if we believe in prosperity and self-reliance and people working for the things they like

487
00:47:19.620 --> 00:47:24.460
and family values and virtue and excellence, there's only one answer to that, and that

488
00:47:24.460 --> 00:47:25.460
is liberty.

489
00:47:25.460 --> 00:47:30.140
And that is to get the government off our backs and out of our pockets and out of our

490
00:47:30.140 --> 00:47:31.340
lives.

491
00:47:31.340 --> 00:47:33.980
And for that cause, I stand here with you.

492
00:47:33.980 --> 00:47:34.780
Thank you very much.
