Rand Paul on Ayn Rand and his name

Rand sets the record straight on his name.

Category:

News & Politics

Tags:

• Rand Paul
• Ayn Rand
• Murray Rothbard
• Ron Paul
• Kentucky
• Senate
• 2010
• Senator
• Conservative
• Tea Party
• Bowling Green
• Grayson
• McConnell
• Bunning
• Dostoevsky

[jjenningsoh]

Ron Paul's son?  He's cool with me then.

[MrJoSWilson]

This still wont shut the morons up.....unfortunately Rand will end up being just like Ron.....syaing "I told you so" for decades.

[masterskyrunner]

@jathanator The government is not a friend of the people, but is a "necessary evil" when managed correctly.

[tjtomkins]

@EliteKiller07

"Every Recession/depression we've ever had was a direct result of the government in one way or another lowering interest rates and increasing the money supply"Well said. We must recognize that govt is no saint compared to private sector & in fact worst since it has "LEGAL" authority to rob & suppress (which pvt sector does NOT have).Boom-bust-cycles & inflation are direct results of overexpansion of credit which many govts have done,including that of 1923-Germany

[tjtomkins]

@jathanator

"actually the Federal Reserve is NOT an arm of the government"

It IS, it was created by govt & govt can repeal it but they won't because Fed allows for incessant govt-spending thru debt-monetization

"The pre-Fed era was government controlled"

No, it was NOT completely govt-controlled;before Lincoln cartelized system, all banks were private (including two "National Banks"), there were booms & busts due to fractional-banking so we FREE gold-std without fractional-banking

[tjtomkins]

@jathanator

DON'T buy into the socialism/communism-peddling videos like "Money Masters", "Web of Debt" & others! Govt creating money is DISASTER, many countries have done it in the past & FAILED because ANYONE with power to create money will keep creating it & thereeby devalue & STEAL people's purchasing-power

Govt is NOT made up of angels, they're self-interested people like private sector so giving them MONOPOLY-power isn't going to help at all.

[jathanator]

@EliteKiller07 Basically, under the Fed, it's globalist/socialist associations make it a threat, but money is generally accessible to all. Without the Fed, the people-through their government-in essence will have the right to determine who and what areas will have money distributed for business, etc. The fascist threat occurs if certain individuals decide to regiment the economy in a way that proves detrimental to certain economic, ethnic, and political groups.

[jathanator]

@EliteKiller07 The money supply has always been under the control of the government. When it's in the hands of the government, THEN it belongs to the people. But if the money supply is in the Fed hands (private hands, bankers, etc.) then what we have today is the result. A fascist state would be POSSIBLE, if access to the money supply is not readily available to ALL of America's citizens for all of their business needs.

[jathanator]

@EliteKiller07 Well, actually the Federal Reserve is NOT an arm of the government. It's Board is appointed by government, but the FR Board acts completely autonomously... they are private individuals. The Fed is not accountable to the government for anything, and they don't require the government's permission to adjust interest rates... Simply put, private hands (with a globalist agenda = The Fed) were responsible for those recessions. The pre-Fed era was government controlled.

[CuriousGeorgeMonkey9]

Ayn Rand was a racist hypocrite and corporatist crony. However, I support Ron Paul and his son, Rand, 100% of the way. They are two of the most compassionate and intelligent politicians in America today.

[EliteKiller07]

@jathanator

How in the hell does ending the Federal Reserve result in a Fascist state? We've done fine without controlling the supply of money before. Every Recession/depression we've ever had was a direct result of the government in one way or another lowering interest rates and increasing the money supply.