Chart usGOLD   Chart usSILVER  
 
Food for thought
Look to thy moat
Elizabeth  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1344.10-4.17
Silver 21.32-0.14
Platinum 1445.009.50
Palladium 732.70-1.50
WORLD MARKETS
DOWJONES 15354120
NASDAQ 349934
NIKKEI 15355217
ASX 516016
CAC 40 400122
DAX 839828
HUI 246-10
XAU 97-3
CURRENCIES (€)
AUS $ 1.3144
CAN $ 1.3207
US $ 1.2844
GBP (£) 0.8454
Sw Fr 1.2468
YEN 131.9000
CURRENCIES ($)
AUS $ 1.0238
CAN $ 1.0282
Euro 0.7786
GBP (£) 0.6583
Sw Fr 0.9706
YEN 102.7020
RATIOS & INDEXES
Gold / Silver63.04
Gold / Oil14.03
Dowjones / Gold11.42
COMMODITIES
Copper 3.31-0.01
WTI Oil 95.80-0.22
Nat. Gas 4.130.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category 
Electoral Follies
Published : April 03rd, 2000
712 words - Reading time : 1 - 2 minutes
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

 

 

 

 

This week, Vice President Gore announced his plan to establish a new government-controlled endowment that would fund candidates who seek positions in the U.S. House of Representatives and Senate. It was only a matter of time before those who had been seeking to restrict free elections would propose a total government takeover of campaigns. Vice President Gore has done just that.

 

I have long advocated sweeping changes that would open up elections here. I have suggested that federal spending limits be abolished, and that presidential debates be opened. I have also worked for years to make ballot access easier to attain. The problem with elections is not that there is too much money involved, but rather that choices are restricted by government policies crafted by incumbents who want to be protected from competition.

 

I believe in competition, in the economic marketplace, and in the marketplace of ideas also. For political purposes, the marketplace is an election and that marketplace ought to be free from federal interference and government restrictions. Our founding fathers gave no power over political campaigns to any federal bureaucracy. Indeed, they would have recoiled at the very notion. But in the current "anything goes" Clinton-Gore administration there is no barrier against what will be proposed by those who seek to maintain political power.

 

Let's face it, even the liberal national media openly reported that Gore was primarily trying to defend himself against his own past. That is, he proposed these so-called reforms as an attempt to make folks forget about his fundraising at Buddhist Temples and from telephones inside the White House.

 

In trying to conjure up what he calls, "a controlling legal authority," Gore has proposed not campaign finance reforms, but rather campaign restrictions. Forgetting for the moment that it would take an awful lot of trips to the Buddhist Temple to raise the $7.1 billion dollars that Gore seeks for this endowment, let me just address how this money would be spent.

 

First, we must realize that a new board would be empowered to govern this endowment. The board would undoubtedly be populated by political patronage appointees, but aside from that we should ask where in the U.S. Constitution the federal government is given authority to provide for such a board. The short answer is that no such authority exists, and only tinkering with our Constitution at the expense of the bill of rights can in fact create it. Moreover, this money would almost certainly be apportioned among certain favored political parties. Would so-called minor party candidates be funded? Would incumbents receive more of this taxpayer funding than challengers? Would candidates be funded in primaries? Who would decide all of these things?

 

With those kinds of questions outstanding we can be certain of one thing, whatever the final details, some candidates would certainly be treated differently than others. It is an obvious breech of equal protection to suggest that only Democrats and Republicans would get funded. On the other hand, do we really want our taxpayer dollars going to fund candidates of, say, the Socialist and Communist parties? Perhaps the Vice President feels that funding the Socialist Party is fine with him. Based on his voting record in Congress, that would not surprise me.

 

Vice President Gore's proposal can only be marked down as a cynical and hypocritical attack on the very idea of free elections. Rather than trying to protect his own political backside by attempting to restrict free campaigns, Vice President Gore should use the authority of his office to impress upon the Attorney General the need for a full investigation into the laws that were violated in the 1996 campaign. Instead of proposing new laws and new bureaucracies, the Vice President and his ilk should simply come into compliance with the existing laws for which they claim such strong support.

 

Ron Paul

www.house.gov/paul

 

All other articles by Ron Paul 

 

Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currency. For more information click on the Project Freedom website.

 

Published with the authorization of Dr. Paul.

 

Copyright Dr. Ron Paul

 

 

 

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Ron Paul
All articles by
Ron Paul
Next article by
Ron Paul
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis
Get Investor Information
High Desert Gold
Select
& click

Ron Paul

Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currency. He is known among both his colleagues in Congress and his constituents for his consistent voting record in the House of Representatives: Dr. Paul never votes for legislation unless the proposed measure is expressly authorized by the Constitution. In the words of former Treasury Secretary William Simon, Dr. Paul is the "one exception to the Gang of 535" on Capitol Hill.
Ron Paul ArchiveWebsiteMake a donation
Most recent articles by Ron Paul
5/19/2013
5/13/2013
5/13/2013
4/29/2013
4/22/2013
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer