Interview 1516 – Ron Paul on Ending The Fed

by | Feb 24, 2020 | Interviews | 40 comments

James Corbett sits down with Ron Paul to discuss the coming end of the Federal Reserve. Dr. Paul reflects on the End The Fed movement, explains the inevitability of the Fed’s demise, and talks about what system may come along to take its place.

Watch this video on BitChute / / YouTube or Download the mp4

Century of Enslavement: The History of The Federal Reserve

The Ron Paul Liberty Report


    • stephen11 says:
      (Ron Paul says:)
      “I knew and THEY knew, that THEY weren’t going to put me in office (to close this down).”

      (Around the 13 minute mark of the video.)(“this” meaning “The Fed”)
      Why did you take all those contributions then???

      Here is my take:
      As Ron and James bring up throughout the video, that the entire gamut is about ideas, not the political process.
      Right out the gate, Corbett’s first question along with Ron Paul’s profound answer need a bright yellow highlighter.

      2008 was about the message.
      And I will repeat what I often say again and again on this Corbett Report comment board: “Repeat the message.”

      James says:
      “…But in 2008…something happened…Your message was reaching millions of people around the United States…
      …of people chanting: “END THE FED! END THE FED!”…
      That is a revolutionary moment of some sort. A philosophically revolutionary moment!”

      QUEUED video

      (By the way, I like how Corbett did the camera set-up.)

      • If I was given millions of dollars I would do more than talk.

        Maybe he pumped it all into his institute and is educating people for free?

      • HRS,
        You are absolutely spot on. I believe that was what his presidential campaign was about. Getting the message out there.

        As far as the “they knew” comment, I think this hints to Dr. Paul’s understanding that the powers that be must, in a sense, give the green light for a certain candidate to become president of the United States. And “they” obviously did not want Ron to become president. The media apparently got the hint.

        • Great clip scpat!

          I remember many of those events and scenarios when they happened.
          The media was sooo blatant!
          The video has a very good collection.

  1. Monday February 24th, 2020
    is a very appropriate day to release this Ron Paul video as stock markets around the globe go haywire crazy on a downslide, while Gold rises.

    Ron Paul mentions the “Not QE” of September 2019.
    QUEUED Video

    …which stokes my memory of Corbett’s October article…
    Everything (G)Old is New Again: What QE4 Means For You

    So, today, as stocks slide towards reality, I think of Corbett’s…
    The Ratings Game: How the Banking Mafia Operates

    …and, of course, this…
    Another Conspiracy Confirmed: How the Plunge Protection Team Rigs the Markets

  2. I have to admit…I’m pessimistic.

    The “freedom movement” has seemed to die out. The Millenial generation are a generation of indoctrinated loudmouths – even more loud than the Baby Boomers – and it seems have taken over the narrative with the “true believers” in the media constantly hammering the idea that the Fed is a good idea.

    Keynesian economics has finally mushroomed into full-blown socialism, and it appears the Fabians have “struck hard” with their stealthy march through the institutions.

    Not sure what would change the landscape to more liberty, true capitalism, and decentralization.

    Gen Z maybe?

  3. Wish I’d known about his home school curriculum when I was searching high and low for the perfect fit (no such thing). My last one is almost done. Still, read the following intro by the gentleman teaching 7th grade math:

  4. I’m even more skeptical about Mr. Paul now. I was letting him slip into the gap of, naive, but otherwise decent, politicians. Now, I wonder why this guy doesn’t talk out more openly about the so called ‘deep state’ controlling the U.S. government. Why isn’t he more outspoken than Mr. Corbett? He has way more funding and I would bet my last cent that he know specific names and organizations on the inside. He sounds more like a ‘gatekeeper’ to me wrangling in the liberty movement strays.

    You can pay Ron Paul six million dollars to organize events where you can hold paper with words on it and move your hand in the air, chanting, ‘End the Fed’ or James Corbett can make an entire documentary detailing the creation and organization of ‘the Fed’ for free.

    Put that on the scales of Liberty.

    I went to his website just to check it out. The ‘programs’ section is pretty flimsy. What does this guy do? Somebody, please defend this man so I can understand better.

    Maybe Mr. Corbett should have offered his services to a fellow Libertarian, especially since he was just figuring out the ‘video thing’ in 2008.

    • Stephen,
      You can be skeptical. I think that it is a good trait to have.
      However, you might want to do some more research before you draw a concrete conclusion.

      I did not start figuring out this video thing until 2008, either.

      I grew up in Texas, and now I am an old curmudgeon still in Texas.
      Ron Paul moved to the state in the late 60’s.

      Just so you know, Ron refused to take part in the lucrative congressional lifetime retirement pension. He used to return a portion of his annual congressional office budget to the U.S. treasury every year.
      When working as a doctor he refused to accept Medicare or Medicaid payments and would not let his children accept federal student loans.
      Money motivation has never been his bailiwick.

      I well remember 2008 and followed things closely.
      Although, Ron Paul did not openly support the 9/11 Truth movement; many, many of his supporters became aware of 9/11 as a result of the “End The Fed” movement. I was there on the front lines, and can tell ya stories galore.

      I once had the pleasure of talking with one of Ron’s son-in-laws during my work with Richard Gage to boost Texas engineer/architect membership of Ae911Truth back in the beginning of its formation.

      Ron is the genuine deal.

      That Ron was a real scrapper…
      Here he is in 1988 on the Morton Downy Show.

      • Like Ron, many of us were figuring out YouTube video during this era of 2008.

        In 2008, my first attempt at a YouTube video was with my dogs to the tune of “Rawhide”.

        This was my second attempt at a video.
        North Texans for 911 Truth – Bold – Courageous – Honor
        (4 minutes)

        • Wow, HRS, I really enjoyed watching your video. It’s primitive, yes, but it’s REAL. I couldn’t made anything remotely as good as that, and to think this was only your second production.

          The activism of your bold, courageous, honorable group back then is also impressive.

          Are you the one in the black leather jacket and wire-rim glasses and sandy hair? And are those your cute doggies at the end? 🙂

          • Thanks CQ!
            Yep, that’s me.
            And those were my doggies who all have since moved on to that playground that dogs go to when the bodies get old.
            1st video I ever made (2 minutes)
            “Keep them doggies rolling” RAWHIDE

            The Fart Tax – Global Warming Charade is kind of fun. There is the song about men of genius.

            Since you are in the Houston area…
            …a bunch of folks from Houston came up when Bermas came to present “Loose Change – Final Cut” at the Dallas Lakewood Theatre.
            Were you with that group? You can hear some of them talking on the video.

            • Aw, HRS, now that’s a song only a Texas doggie parent would think of using to make a video. I must admit to smiling broadly for the entire two minutes of “rolling rolling rolling.” The dogs are adorable; the camera makes them look like Energizer bunnies with bows in their hair.

              Say, what’s the problem with the water in the bowl? Why did one dog make several attempts to drink but pull away each time? Fluoride?

              And where are the missing rawhide bones? 🙂

              And what’s with that impressive view count (6,677) spawning only one little comment below the video? (Did your dogs watch the video every night before bed — like a lullaby?)

              The only street activism I’ve ever participated in, HRS, was for animals: anti-rodeo, anti-circus, anti-elephants-in-zoos. That was eons ago. So, to answer your question, no, I wasn’t among the Houstonians who drove to Dallas for the Bermas presentation.

              Speaking of Bermas, though, I can’t wait for his Loose Change partner Dylan Avery to release his documentary on the University of Alaska Fairbanks study of Building 7. It oughta be a great combo of real science and really good film editing.

        • Thanks ManBearPig!
          You too were very busy in that era!

          “Zero” was a good one. Our group burned a lot of those on DVD.

      • Forgive my tactics but I was hoping to illict an informed response from you, since I was aware that it was mentioned you reside in Texas.

        I think you caught my drift.

        I’m still skeptical, though, and I don’t set anything in concrete until I know as fact through experience. I’m as willing to allow the possibility of Ron Paul being on the path of altruism, just as I’m willing to accept the possibility that James Corbett might be some agent to radicalize people in the U.S. 🙂

        Anyways thanks for your reply I was looking for a bit of character plea, you hit the nail on the head.

        • I track with you Stephen. You are my kind of fellow.
          I like it when folks voice their opinions and concerns.

    • Part One

      The term neoliberalism is a term rarely understood but quite often used to describe economies like the US. Ironically and not well known, is the fact the term had its first coinage in Austrian economist and sociologist Ludwig von Mises’s three major works: Nation, State, and Economy (1919), Socialism (1922), and Liberalism (1927).

      In Liberalism, the question of democracy was resolved by Mises in favor of “a consumers’ democracy.” Where democracy is concerned, he wrote, “free competition does all that is needed.… The lord of production is the consumer.”
      Mises, Socialism, 400–401.

      “The main points of neo-liberalism are:

      1. THE RULE OF THE MARKET. Liberating “free” enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers’ rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. It’s like Reagan’s “supply-side” and “trickle-down” economics — but somehow the wealth didn’t trickle down very much.

      2. CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply — again in the name of reducing government’s role.

      3. DEREGULATION. Reduce government regulation of everything that could diminsh profits, including protecting the environment and safety on the job.

      4. PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water.

      5. ELIMINATING THE CONCEPT OF “THE PUBLIC GOOD” or “COMMUNITY” and replacing it with “individual responsibility.” Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves — then blaming them, if they fail, as “lazy.” (

      In the early 1930’s Mises became an economic consultant to the Austro-fascist Chancellor/dictator Engelbert Dollfuss prior to the Nazi takeover.

      Mises had glowing words for fascism, as declared, in his work, Liberalism:

      “It cannot be denied that Fascism and similar movements [on the right] aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history.”
      Mises, Liberalism, 30; Herbert Marcuse, Negations (Boston: Beacon, 1968), 10

      Mises later emigrated, or better said, fled to Switzerland and then to the United States with the support of the Rockefeller Foundation, taking up a teaching post at New York University (a state run university).

      • Part Two

        As to Ron Paul: after the LA riots in 1991, Paul noted with his usual white supremacist attitude:

        “Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks three days after rioting began. … What if the checks had never arrived? No doubt the blacks would have fully privatized the welfare state through continued looting. But they were paid off and the violence subsided.” (

        But wait! Paul is a member of Congress and thus receives a government pension! Currently, Congressional pay is $174,000 per year, which, at an 80% retirement rate, equates to a lifelong pension benefit of $139,200 (

        Yes, and not to forget Ayn Rand, hater of altruism and lover of super-predators; she was also an advocate of neo-liberalism.

        Her super-hero in Atlas Shrugged, John Galt, was patterned on Rand’s moral attachment to a serial killer by the name of William Edward Hickman.
        Speaking lovingly of Hickman, she stated:

        “”Other people do not exist for him, and he does not see why they should,” she wrote, gushing that Hickman had “no regard whatsoever for all that society holds sacred, and with a consciousness all his own. He has the true, innate psychology of a Superman. He can never realize and feel ‘other people.’’

        This is the “amazing picture” Ayn Rand — guru to the Republican/Tea Party right-wing — admired when she wrote in her notebook that Hickman the serial killer represented “the amazing picture of a man with no regard whatsoever for all that a society holds sacred, and with a consciousness all his own. A man who really stands alone, in action and in soul. Other people do not exist for him, and he does not see why they should.”


        An interview recently surfaced that was conducted in 1998 by the Ayn Rand Institute with a social worker who says she helped Rand and her husband, Frank O’Connor, sign up for Social Security and Medicare in 1974.

        Federal records obtained through a Freedom of Information act request confirmed the Social Security benefits claim. A similar FOI request was unable to either prove or disprove the Medicare claim.

        Between December 1974 and her death in March 1982, Rand collected a total of $11,002 in monthly Social Security payments. O’Connor received $2,943 between December 1974 and his death in November 1979 (…) (

        The hypocrisy is as ripe as newly laid fertilizer.

        The free marketeers are frauds and hucksters.

        • No.
          Ron Paul has never participated in the Congressional pension plan.

          • It is not up to Ron Paul. Pensions are given for life to Senators and Congressman. They do not participate,much like a union they receive the payment.

            Ron Paul gets his pension just like any other white collar criminal in politics today. And the great thing about his pension! It is not some phony 401K but a deferred pension,like cops or prison guards.

            So, no he does not pay into his pension,like a 401K’er would, he gets a deferred pension for life.

            You could ask him to give it back or not take it, but I think you would find that career politicians like Paul and his son live off the government they tell to hate,making their spurious claims even more untenable than they seem on their face!

            And he gets government health care, the best, admission to clubs and so much more thanks to the government that feeds him.

            • Actually I must withdraw my claim that Paul takes a pension for being a US Senator. My mistake.

              What he does take is health care and social security and perks.

              But Paul is worth millions and millions which is probably why he does not take his pension. He doesn’t need it.

              He did take his deferred pension of $91K from his business/work.

              But like Rand, he does take Social Security and why shouldn’t he? He earned it.

      • Thanks for the reply. You always present a lot of info, which I appreciate.

        I was trying to remember some other CR comments where you were discussing, among other things, the type of government changing, for example, from democratic to fascist, fascist to socialist and then socialist to anarchist like it was an evolution of sorts.

        Does that ring a bell? I wanted to jump into the comments but they we’re so contracted the reply was disabled.

        It got me thinking of what the mechanisms of change would be for each ‘level’, so to speak.

        • Not sure of what you are indicating, I too have problems going backwards.

          Many think that Marxism is scientific. They are called scientific Marxists and I am not one.

          Marxism is a method more than a science. Using this method one cannot claim it is science nor claim what will happen tomorrow or the next day.

          What we can see is that from hunter and gathering societies, we evolved to slave societies. Slavery was an economic system way back when.

          But slave societies too evolved. They evolved into feudal societies.

          Feudalism also evolved, through revolts and revolutions to a system of economics called capitalism.

          Capitalism too has evolved into what is now finance capitalism, trans-national capitalism or global capitalism.

          In each epoch described above, humans lived in a class society; one where one class ruled, the other was ruled.

          Capitalism is sure better for workers than slavery, but not much. That is why we call capitalism a system of ‘wage slavery’.

          All of human history is the history of class struggle, whereby one class is trying to get from under the other.

          There is no science of Marxism that says socialism is the stage of human production and reproduction that comes next. In fact, we now see the rise of fascism which is connected to failing capitalism and always has been.

          Take a look at Professor Richard Wolff speak of the stages of class struggle in history. He gives a lucid and short understanding of the history of class struggle.

          • I checked it out, he’s good at explaining the progression of the governmental/economic system. Though I agreed, when he said the effects of the inequality was leading to Bernie Sanders’ message being popular, I think I felt differently about it than him.

            It did give me more insight into my parents and grandparents generation and how they must of felt as we’ve progressed till now.

            Also, I got to think more clearly about what intrested me in that earlier thread. I was thinking about, shouldn’t it be fair that if people want wealth distribution then they should also demand power distribution? Every citizen gets a mini arsenal! To defend the country, of course.

            Jokes aside, I was interested in an ethical idea of what would have to occur to transform, en masse, a culture to be responsible enough to have the amount of wealth and power this country, including the top corporations that benefit from the economy, equally distributed.

            Obviously, some kind of education. But when? After the distribution has occurred or while they still control the resources to effect more change than you? Importantly as well, who will do the reeducation? What is preventing the people from thinking for themselves, teaching themselves and others?

            I think about the current technology; how we dont control our own communication, currency, or transport but it seems to me that control is within our grasp. I just recently discovered PirateBox, which I am very excited to get operational. I think it would be interesting to make custom cryptocurrencies too but, at the moment, that is beyond my expertise. I guess I should learn to code. 🙂 Also, I don’t have any good solutions to free transport, as in, the circumventing government kind.

            • “Jokes aside, I was interested in an ethical idea of what would have to occur to transform, en masse, a culture to be responsible enough to have the amount of wealth and power this country, including the top corporations that benefit from the economy, equally distributed.”

              You make good points with this comment and others above.

              Those who do not understand Marxism or hate it, without really knowing why, do not understand that it is a theory and tool for both understanding the world and changing it.

              What Marx was all about had nothing to do with redistribution of wealth; that is a myth and one sounded off every day to pit people against each other.

              Marx understood that there would be no true democracy until working people, the disenfranchised and those left out have democracy AT work.

              In America, to name one capitalist country and the biggest, there is no democracy at work. Work is done in hierarchies with bosses, their bosses etc.

              Well, if we spend more time at work than any other place, other than sleeping and we have no democracy at work, then how can we expect a democracy anywhere else.

              One tenth of one percent own ‘the means of production’ of world societies. The means of production are the tools, factories, computers, everything needed to work.

              And then the worker rents his life out to the capitalists to work the tools to make the profits for the ruling class.

              There can be no democracy in society or families for that matter, if there is no democracy at work, in labor.

              So, Marx like so many of us and so many before us understood that workers must take the means of production and this means class war.

              No more fighting for an increase in terrible pay, no more begging to the rulers, they must be expropriated. Their capital must betaken and used to build labor conditions for workers where they control the factories they work in, not a ruling elite.

              We are told by media and schools and authority that this is not possible. Yet history has shown, as you saw in the video, it is not only possible it is necessary if freedom has any meaning.

              For Marxists the struggle to understand capitalism and how it works both economically and in its politics, is the first step in understanding how societies work and how we can make them freer.

              It will not come by buying gold,silver, stocks, changing how one consumes (though that is important), following leaders (We do not want to be led, we want to lead): it will come from political struggle based on the understanding that capitalism is a stage of history that is no longer viable and that the struggle is to do away with it.

              This we call the education of the working class, and those hurt and displaced by capitalist relations.

              And this is the education we need and find when struggling with others.

              The ethical dimension of social struggle is the moral center. We are not born with morals and contrary to most people, we do not ‘get them’ from our parents.

              We earn them or we do not get them at all and this earning is to begin to see and then proceed to do something about it.

    • We can never be truly sure who is the real deal, even Corbett might, heaven forbid, be comprised in some way. Look at it this way, the intelligence apparatus is deliberately compartmentalized. It’s unlikely Ron Paul was briefed about anything that secretive or to do with the deep state. He might have heard stuff second hand, but he’s all about verifiable facts.

  5. Very confusing to hear Dr. Paul speak with apparent contradictions regarding politics and political philosophies. He calls out socialism and lauds freemarket economics. I wonder, was he in favour of the abolishment of the Glass Stegal Act? I consider this act was designed to benefit the middle class by putting some restraints upon the banks. He might consider this government intervention a “socialist” act. I would call it good governance. Also, it would seem to be naive to think that government actually runs the country. In the case of the US, corporations run the roost. Revolving door governance is the mechanism by which this happens, along with the unprecentented control of our minds through media etc etc… Would Dr Paul consider this an example of free market? Probably not. I believe Dr. Paul is a very decent and moral person.

    There is no proper leash on the animals that run amuck in the banks and halls of government. This nonsense has destroyed the health of the people and the finances of the nation. Maybe a little more “socialist” checks and controls would return some decency to a corrupt and immoral “free enterprise” system.

    I suppose concepts of political structures such as socialism or free enterprise are labels given for convenience. Unfortunately this convenience creates blanket misunderstandings and confusion and only serves to creat division and conflict. This conflict only serves to further the psychopathic predators among us.

    The human species appears to me to be predatory with a significant percentage of bat-shit crazy (love that one James:-) certifiably psychopathic politicians and despots running the political centre stage throughout history. Today, more than ever before, humanity must come together in order to survive this eugenic insane cabal. Not since the last cataclism has humanity been so close to a major crisis, worse than the dark ages.

    • Well said, thanks for putting it in better words than I.

      He does seem like a decent person but there did also seem to be some contradiction as well.

      Your comment about the corporations is spot on too. Taken with his statement that the political process is the enemy of liberty, what could he have hoped to accomplish?

  6. I generally agree with your sentiments. I personally don’t have expectations of change or abolishment.

    I do agree we have to deal with government but we differ on how we’re willing to deal with it. I don’t think even trying to change it from the inside or out will do anything. My main reason behind thinking this is that we have had authoritarianism since humans can remember. I simply don’t want to continue to beat a dead horse.

    I apologize for triggering your defenses with my previous posts. I wasn’t judging him, evidently, I didn’t say he was this or that. I just asked questions. I’ll admit it was a bit inflammatory that’s why I pleaded for someone to come to his defense so I could be enlightened by the Corbett crowd.

    • I understand where you’re coming from.

      The reason why I inquire into Mr. Corbett’s work or about Mr. Paul’s line of thinking is simple. Information.

      It’s a non sequitur to think I need to be politically active to have an opinion. If anyone wishes to assume they have a role in governing my person they are subject to anything I express.

      Though, in truth, the only reason I’m active in the comments is to talk to the people here, including you.

      There is infinite information to be gained every second. I’ll absorb logos, ethos, and pathos equally and I wish to apply this to the minds interacting on this website.

      Just like Mr. Corbett cannot hide his blush you cannot hide that you have been generally offended over the years.

      I don’t share that same sensitive spot as you but I surely can understand how it got there and can be exacerbated by modern thorns.

      For instance, all those young adults that popped out of high school acting like socialists demanding everything get paid for or just people who are so consumed with apathy they just want to ‘zone out’ all day while collecting Medicare and food stamps. (Or even the mechanisms that lead to these issues.) I understand how this could be infuriating. I can assure you I’m neither and I doubt anyone here is.


      • I do recognize that many of the active members here are older than I and have been around the block more times. I appreciate the level of intelligence expressed by the people here. That value that I gain from appreciation and interest in your minds is making me richer by the second.

        The way I choose to use these riches is up to me. I am on my own path. I am my own rule and standard. I take care of myself completely, I’ve lived with nothing and still was able to take care of myself. Anything I do, including nothing, is my own choice. Nobody will catch me complaining, I take full responsibility for my actions and consequences of which. So let it be known, my opinions on political issues aren’t grounded in some hope for change, they are based on this sovereign person recognizing that others wish to control my person. I will scrutinize, to the bone, any of those people even if they seem altruistic, like Mr. Paul.

        My method is all my own. Most everything I know is self-taught. I’ve only recognized two mentors in my life. They didn’t teach me anything to do with philosophy, ethics, reason or logic. So you can blame me directly. 😉

        Anyways, take care. I appreciate you engaging me in conversation. I liked what you said, “What can be arranged by humans can be unarranged by them as well.” I will continue to think about it more in depth. While I continue to contemplate the mechanisms of change in this society.

  7. That is true, but if everyone who is a Voluntaryist today also becomes a Survivalist today, then when the poop hits the fan, there will be a disproportionate number of Voluntaryist amongst the survivors.

  8. I like so much about him…..but i can’t quite get past the one exception to his libertarian values…. If you’re PREGNANT…. his government is there to help you – and if need be force you – to choose what he knows is right for you….

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