U.S. Rep. Ron Paul | financial privacy |
financial privacy
Congress Relinquishing The Power To Wage War
2 February 1999 1999 Ron Paul 4:55
Financial privacy must be sacrificed, it is argued, in order to catch money launderers, drug dealers, mobsters and tax cheats. Privacy for privacy’s sake, unfortunately for many, is a nonissue.
financial privacy
Conference Report On S. 900, Gramm-Leach-Bliley Act
4 November 1999 1999 Ron Paul 113:8
Government regulations present the greatest threat to privacy and consumers’ loss of control over their own personal information. In the private sector, individuals protect their financial privacy as an integral part of the market process by providing information they regard as private only to entities they trust will maintain a degree of privacy of which they approve. Individuals avoid privacy violators by “opting out” and doing business only with such privacy-respecting companies.
financial privacy
A Republic, If You Can Keep It – Part 2
2 February 2000 2000 Ron Paul 5:56
A compulsive attitude by politicians to regulate nonviolent behavior may be well intentioned but leads to many unintended consequences. Legislation passed in the second half of the 20th Century dealing with drugs and personal habits has been the driving force behind the unconstitutional seizure and forfeiture laws and the loss of financial privacy.
financial privacy
THREATS TO FINANCIAL FREEDOM
October 19, 2000 2000 Ron Paul 88:14
For the last 20 years the policies adopted by the United States and allied governments have constituted a stealth war against wealth and against financial privacy. While the free flow of capital is extolled as appropriate and essential, the governments of major nations have turned upside down the traditional role of banks and banking. As a child I was made to believe that the people you dealt with at your bank and other financial institutions were fiduciaries to whom you could entrust your money.
financial privacy
THREATS TO FINANCIAL FREEDOM
October 19, 2000 2000 Ron Paul 88:33
This new cartel of high-tax nations, limping along with their huge, unsustainable welfare state budgets, are engaged in a grotesque rebirth of colonialism and imperialism of a financial nature. They are willing to trample the sovereignty of small nations. In fact, the United Nations last year said national sovereignty must be compromised in order to impose a world financial order of high taxes and no financial privacy. Such a radical demand mocks international law. It makes vassal states out of sovereign nations.
financial privacy
“Postal Service Has Its Eye On You”
27 June 2001 2001 Ron Paul 47:17
It also was the Bank Secrecy Act that opened the door for the “Know Your Customer” rules on banks, to which congressional leaders objected as a threat to privacy. Lawrence Lindsey, now head of the Bush administration’s National Economic Council, frequently has pointed out that more than 100,000 reports are collected on innocent bank customers for every one conviction of money laundering. “That ratio of 99,999-to-1 is something we normally would not tolerate as a reasonable balance between privacy and the collection of guilty verdicts,” Lindsey wrote in a chapter of the Competitive Enterprise Institute’s book The Future of Financial Privacy, published last year.
financial privacy
Ron Paul statement on HR 3004 before the House Financial Services committee
October 11, 2001 2001 Ron Paul 86:1
Mr. Chairman, the so-called Financial Anti-Terrorism Act of 2001 (HR 3004) has more to do with the ongoing war against financial privacy than with the war against international terrorism. Of course, the federal government should take all necessary and constitutional actions to enhance the ability of law enforcement to locate and seize funds flowing to known terrorists and their front groups. For example, America should consider signing more mutual legal assistance treaties with its allies so we can more easily locate the assets of terrorists and other criminals.
financial privacy
Statement on HR 3004
October 17, 2001 2001 Ron Paul 88:1
Mr. Speaker, the so-called Financial Anti-Terrorism Act of 2001 (HR 3004) has more to do with the ongoing war against financial privacy than with the war against international terrorism. Of course, the federal government should take all necessary and constitutional actions to enhance the ability of law enforcement to locate and seize funds flowing to known terrorists and their front groups. For example, America should consider signing more mutual legal assistance treaties with its allies so we can more easily locate the assets of terrorists and other criminals.
financial privacy
A SAD STATE OF AFFAIRS --
October 25, 2001 2001 Ron Paul 90:32
I would like to draw analogy between the drug war and the war against terrorism. In the last 30 years, we have spent hundreds of billions of dollars on a failed war on drugs. This war has been used as an excuse to attack our liberties and privacy. It has been an excuse to undermine our financial privacy while promoting illegal searches and seizures with many innocent people losing their lives and property. Seizure and forfeiture have harmed a great number of innocent American citizens.
financial privacy
The War On Terrorism
November 29, 2001 2001 Ron Paul 98:47
Granting bailouts is not new for Congress, but current conditions have prompted many takers to line up for handouts. There has always been a large constituency for expanding federal power for whatever reason, and these groups have been energized. The military-industrial complex is out in full force and is optimistic. Union power is pleased with recent events and has not missed the opportunity to increase membership rolls. Federal policing powers, already in a bull market, received a super shot in the arm. The IRS, which detests financial privacy, gloats, while all the big spenders in Washington applaud the tools made available to crack down on tax dodgers. The drug warriors and anti-gun zealots love the new powers that now can be used to watch the every move of our citizens. “Extremists” who talk of the Constitution, promote right-to-life, form citizen militias, or participate in non-mainstream religious practices now can be monitored much more effectively by those who find their views offensive. Laws recently passed by the Congress apply to all Americans- not just terrorists. But we should remember that if the terrorists are known and identified, existing laws would have been quite adequate to deal with them.
financial privacy
Statement on the Financial Services committee’s “Views and Estimates for Fiscal Year 2003”
February 28, 2002 2002 Ron Paul 12:7
In conclusion, the “Views and Estimates” presented by the Financial Services committee endorses increasing the power of the federal police state, as well as increasing both international and corporate welfare, while ignoring the economic problems created by federal intervention into the economy. I therefore urge my colleagues to reject this document and instead embrace an agenda of ending federal corporate welfare, protecting financial privacy, and reforming the fiat money system which is the root cause of America’s economic instability.
financial privacy
The Financial Services Committee’s Terrible Blueprint for 2004
February 28, 2003 2003 Ron Paul 27:8
In conclusion, the “Views and Estimates” presented by the Financial Services Committee endorse increasing the power of the federal police state, as well as increasing both international and corporate welfare, while ignoring the economic problems created by federal intervention into the economy. I therefore urge my colleagues to reject this document and instead embrace an agenda of ending federal corporate welfare, protecting financial privacy, and reforming the fiat money system that is the root cause of America’s economic instability.
financial privacy
Legislation To Prohibit The Federal Government From Imposing A “Carry Tax”
17 July 2003 2003 Ron Paul 78:2
Proposals to punish people if their economic behavior meets with the disapproval of government officials form the foundation of the type of central planning which caused so much misery in the last century. The carry tax proposal is obviously incompatible with a free market. This proposal is also a major threat to personal and financial privacy and thus individual liberty. In order to enforce the carry tax, the government would need a means of monitoring how long each piece of currency has been in circulation and how many hands it passed through before coming into the possession of the person on whom the tax is assessed. Thus, enforcing this tax would also give the government the power to monitor the transactions of individual Americans. The Federal Government should not abuse the authority granted it by our current monetary system and legal tender laws as a backdoor means of prying into the private economic transactions of American citizens. That is why my legislation also forbids the Federal Government from placing any information storage capacity on any Federal Reserve notes.
financial privacy
The Financial Services Committees “Views and Estimates for 2005”
February 26, 2004 2004 Ron Paul 7:5
The committee’s ‘Views and Estimates” gives an unqualified endorsement to increased taxpayer support for the Financial Crimes Enforcement Network (FINCEN), while ignoring the growing erosion of our financial privacy under the PATRIOT Act and similar legislation. In fact, the committee ignores the recent stealth expansion of the FBI’s power to seize records of dealers in precious metals, jewelers, and pawnshops without a warrant issued by an independent judge. Instead of serving as cheerleaders for the financial police state, the committee should act to curtail the federal government’s ability to monitor the financial affairs of law-abiding Americans.
financial privacy
The Financial Services Committees “Views and Estimates for 2005”
February 26, 2004 2004 Ron Paul 7:17
In conclusion, the “Views and Estimates” report presented by the committee claims to endorse fiscal responsibility, yet also supports expanding international, corporate, and domestic spending. The report also endorses increasing the power of the federal police state. Perhaps most disturbingly, this document ignores the looming economic problems created by the Federal Reserve’s inflationary monetary polices and the resulting increase in private and public sector debt. I therefore urge my colleagues to reject this document and instead embrace an agenda of ending corporate welfare, protecting financial privacy, and reforming the fiat money system that is the root cause of America’s economic instability.
financial privacy
Living by the Sword
13 March 2008 2008 Ron Paul 14:6
Two wrongs do not make a right. Two wrongs make it doubly wrong. Sacrifice of our personal privacy has been ongoing for decades, but has rapidly accelerated since 9/11. Before 9/11 the unstated goal of collecting revenue was the real reason for the erosion of our financial privacy. When nineteen suicidal maniacs attacked us on 9/11, our country became convinced that further sacrifice of personal and financial privacy was required for our security.
financial privacy
Orwellian rules face major opposition
01 February 1999 Texas Straight Talk 01 February 1999 verse 3 ... Cached
Paul legislation will restore financial privacy
financial privacy
Orwellian rules face major opposition
01 February 1999 Texas Straight Talk 01 February 1999 verse 14 ... Cached
As a member of the House Committee on Banking and Financial Services, this important threat to our financial privacy will be a top priority for me.
financial privacy
Get to know your banker
12 April 1999 Texas Straight Talk 12 April 1999 verse 4 ... Cached
When government regulators recently announced they were pulling the plug -- for now, at least -- on plans to strip away the financial privacy of all Americans, one can imagine they did so with a knowing smirk on their face.
financial privacy
Get to know your banker
12 April 1999 Texas Straight Talk 12 April 1999 verse 10 ... Cached
I would suggest that anyone concerned about financial privacy send a letter to their bank, asking those questions and requesting a response in writing. If the bank does have these programs which are not required, the customer should demand that such files not be kept. If the bank gets enough pressure from their customers, they will change their policies -- after all, what good is volunteering to assist the government in invading privacy if their customers leave in favor of other institutions that will not?
Texas Straight Talk from 20 December 1996 to 23 June 2008 (573 editions) are included in this Concordance. Texas Straight Talk after 23 June 2008 is in blog form on Rep. Paul’s Congressional website and is not included in this Concordance.
Remember, not everything in the concordance is Ron Paul’s words. Some things he quoted, and he added some newspaper and magazine articles to the Congressional Record. Check the original speech to see.