Ron Paul - Business

<< Ron Paul

Topics

Opinions

Race and ethnicity should not be a factor in hiring and promotion. Liberty means free-market capitalism, which rewards individual achievement and competence --not skin color, gender, or ethnicity.

The U.S. dollar should not be the world's reserve currency. the dollar reserve standard, which we have been operating with since 1971 has failed

There should not be a global financial regulatory system. I think the greatest danger of what will come out of the G20 meeting will be globalization of regulation,

The proposed 90% tax on AIG bonuses is not constitutional. Paul: 90% tax an "outrage" that undermines the Constitution.

Derivatives have a negative effect on the stability of financial markets. "A financial house of cards"

There should not be an international central bank. Ron Paul calls it "a horror"

Congress should not increase the cap on federally insured bank deposits. It's the wrong thing to do.

The financial crisis will lead to another economic depression. "I am convinced we are [in a depression] because we havent changed policy"

The federal government should not pass the proposed $700 billion financial system bailout. "government is actually ensuring even greater instability in the financial system in the long term."

Weakening dollar is having the greatest impact on rising oil prices. "Destruction of the value of the dollar...further the dollar goes down the higher the proce of oil"

Fannie Mae and Freddie Mac should not be nationalized. Does not support a bailout for Fannie and Freddie.

The Federal Reserve should not have more authority to supervise financial institutions. "We don’t believe in central economic planning."

The U.S. should build more oil refineries. Voted YES on scheduling permitting for new oil refinieries

The U.S. should allow farmers to grow industrial hemp. Sponsored H.R.1009: Industrial Hemp Farming Act of 2007.

The Federal Reserve is unconstitutional. "Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority."

Credit counseling reduces bankruptcies. Paul co-sponsored amendment to require counseling

The government should not provide financial assistance to homeowners facing foreclosure. I urge my colleagues to resist the temptation to call for easy fixes in the form of bailouts.

The Bush Administration stimulus package will not prevent a recession. Economic Stimulus Concerns

The economic benefits of a weak U.S. dollar do not outweigh the costs. Weak dollar 'bad sign,' Paul says

The Federal Reserve is not necessary in a free market. ABOLISH THE FEDERAL RESERVE

Organic farmers should not receive additional federal subsidies. I never voted for farm subsidies

The U.S. economy will go into recession in 2008. Paul: "In a recession that will get worse"

The U.S. should end agricultural subsidies. "I don't believe the government should be involved in farming at all."

Executive compensation packages should not require shareholder approval. Paul opposed Executive Compensation Act

The Sarbanes-Oxley Act should be repealed. Repeal Sarbanes-Oxley!

Congress should not increase the federal minimum wage. Voted against the Fair Minimum Wage Act

EVIDENCE: Will the U.S. economy go into recession this year? (expired: 2007-12-31 12:00 AM) Yes

UNKNOWN: Should the economic stimulus plan include a 'Buy American' provision?

UNKNOWN: Will the federal government's financial bailout package help stabilize the U.S. economy?

The financial crisis will lead to another economic depression. "I am convinced we are [in a depression] because we havent changed policy"

There should not be an international central bank. Ron Paul calls it "a horror"

UNKNOWN: Should corporations pay heavier taxes on windfall profits?

UNKNOWN: Should Lehman Brothers have been bailed out by the federal government?

UNKNOWN: Is capitalism the most effective economic system?

UNKNOWN: Is the U.S. undergoing the worst financial crisis since the Great Depression?

UNKNOWN: How does outsourcing affect the U.S. economy?

UNKNOWN: What impact have Bush Administration policies had on the economy?

UNKNOWN: Should the U.S. pass the U.S.-Colombia Free Trade Agreement?

UNKNOWN: Should the U.S. increase the cap on visas for skilled workers?

UNKNOWN: Should AIG have been bailed out by the federal government?