Dr. Ron Paul of Texas. Mr. Paul is a staunch advocate of limited constitutional government, low taxes, free markets, and a return to a sound monetary policy based on commodity-backed currency. Dr. Paul has now announced his candidacy for President in 2008, get involved now here. The following is one of his weekly “Texas Straight Talk” columns, courtesy of Mr. Paul’s website. You can also listen to Ron Paul’s weekly update at 1-888-322-1414.
“…The expanding terror watch list is compelling evidence that the federal government can’t even manage to keep a relatively small database under control. That’s a bad omen for the future. Under legislation signed into law by President Bush in 2005 and now due to be implemented in 2009, the nation will create a federally administered list that is a quantum leap in size larger than the terrorist watch list. Moreover, under this new program it won’t be the names of terrorists or suspected terrorists that inhabit the new, gargantuan federal database; it will be the names and personal information of ordinary law-abiding Americans…”
“…The Bank for International Settlements issued a warning this week that the Federal Reserve’s monetary policies have created an enormous equity bubble which could lead to another ‘Great Depression’…”