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Frederic Bastiat - The Law

What, then, is law? It is the collective organization of the individual right to lawful defense. Each of us has a natural right from God to defend his person, his liberty, and his property. Read more

Common Sense - Thomas Paine

... a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defence of custom. Read more

Republic Versus Democracy - Ron Paul

Once a nation becomes a democracy, the whole purpose of government changes... the government embarks on the impossible task of achieving economic equality and micromanaging the economy and protecting citizens from themselves in all their activities. Read more

On The Duty of Civil Disobedience --- Henry David Thoreau

That government is best which governs not at all, and when men are prepared for it, that will be the kind of government which they will have. Read more

Speech on the Conscription Bill - Daniel Webster

Where is it written in the Constitution, in what article or section is it contained, that you may take children from their parents from their children ... Read more

The Declaration of Independence

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which Read more

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The Kentucky Resolution of 1798
Written by Thomas Jefferson   

1. Resolved, That the several states composing the United States of America are not united on the principle of unlimited submission to their general government; but that, by compact, under the style and title of a Constitution for the United States, and of amendments thereto, they constituted a general government for special purposes, delegated to that government certain definite powers, reserving, each state to itself, the residuary mass of right to their own self-government; and that whensoever the general government assumes undelegated powers, its acts are unauthoritative, void, and of no force; that to this compact each state acceded as a state, and is an integral party; that this government, created by this compact, was not made the exclusive or final judge of the extent of the powers delegated to itself, since that would have made its discretion, and not the Constitution, the measure of its powers; but that, as in all other cases of compact among parties having no common judge, each party has an equal right to judge for itself, as well of infractions as of the mode and measure of redress.

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Florida Liberty Summit 2010 Promo

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August 13 - 15th 2010

 
Patrick Henry's Give Me Liberty or Give Me Death Speech

No man thinks more highly than I do of the patriotism, as well as abilities, of the very worthy gentlemen who have just addressed the house. But different men often see the same subject in different lights; and, therefore, I hope it will not be thought disrespectful to those gentlemen if, entertaining as I do opinions of a character very opposite to theirs, I shall speak forth my sentiments freely and without reserve. This is no time for ceremony.

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Healing Our World With Mary Ruwart
The Abutment Pillar - Modern-Day Liberty Abutment

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We Risk Hyperinflation

Ron PaulMr. Chairman, today the Federal Reserve finds itself in an unprecedented and unenviable position. It has boosted the monetary base by nearly $1.5 trillion since September of 2008. Excess bank reserves remain at historically high levels, and the Fed's balance sheet has ballooned to over $2 trillion. If the Fed pulls this excess liquidity out of the system, it risks collapsing banks who rely on this newly created money to boost their balance sheets. However if the Fed fails to pull this excess liquidity out of the system we risk hyperinflation.

The Federal Reserve has never had such an inflated balance sheet, nor has it ever pumped up the monetary base by such a large amount. During the belt-tightening years of the late 1970s and early 1980s, both the balance sheet and the monetary base continued to expand during a severe recession. We have to look back to the 1920s and 1930s before we see the Fed lowering the monetary base, and even then the Fed lowered the base only by 16%. What we are talking about now is a 60% lowering of the monetary base in order to return to pre-crisis levels. That is a major decrease in the monetary base and, if it is undertaken once these excess reserves have begun to enter the system, it could undermine the viability of banks and lead to the collapse of the financial system that the Fed sought to avoid.

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