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U.S. Rep. Ron Paul
Michigan

Book of Ron Paul


Michigan
Hedge Fund Bailout
2 October 1998    1998 Ron Paul 105:1
Mr. PAUL. Mr. Speaker, the Federal Reserve orchestrated bailout of the hedge fund Long-Term Capital Management LP raises serious policy questions. At one point, the notional value of the Cayman Island-registered fund’s derivatives totalled about $1.2 trillion. We should look seriously at this issue because of the taxpayer-backed liability concerns raised by the involvement of an agency with the full faith and credit of the U.S. government. The state of Michigan has taken a constructive first step regarding the public policy concerns of derivatives. I urge us to consider the wisdom of the State Representative Greg Kaza as we debate this issue.

Michigan
Hedge Fund Bailout
2 October 1998    1998 Ron Paul 105:2
STATEMENT OF HON. GREG KAZA, MICHIGAN STATE REPRESENTATIVE, ADJUNCT PROFESSOR OF FINANCE, WALSH COLLEGE Derivatives are financial instruments broadly defined as any contract or convertible security that changes in value in concert with a related or underlying security, fixed-income instrument, future or other instrument, currency or index; or that obtains much of its value from price movements in a related or underlying instrument; or an option, swap, warrant, or debt instrument with one or more options embedded in or attached to it, the value of which contract or security is determined in whole or in part by the price of one or more underlying instruments or markets.

Michigan
Hedge Fund Bailout
2 October 1998    1998 Ron Paul 105:4
Three years ago I addressed the very same issue in Michigan by authoring state legislation that provided increased transparency by requiring units of government to disclose their derivative holdings to the public. Government units have to make investment decisions regarding the money they receive or retain; unfortunately, investment practices and decisions can sometimes lead to significant losses when taxdollars are unwisely invested in derivatives. Orange County in California and Independence Township in Oakland County, Michigan are both examples of government units that experienced significant losses as a result of the imprudent use of derivatives.

Michigan
AMERICAN HOMEOWNERSHIP AND ECONOMIC OPPORTUNITY ACT OF 2000
April 6, 2000    2000 Ron Paul 27:13
Mr. PAUL. Mr. Chairman, I would first like to thank my colleague, the gentlewoman from Michigan (Ms. Kilpatrick ) for cosponsoring this amendment. This amendment is simple and straightforward. The amendment merely states that it prohibits the use of funds for activities involving the acquisition of church property unless the consent of the governing body of the church is obtained. This means that community development block grant money cannot be used to invoke eminent domain and take a church away from the church owners or the occupants without their permission.

Michigan
AMERICAN HOMEOWNERSHIP AND ECONOMIC OPPORTUNITY ACT OF 2000
April 6, 2000    2000 Ron Paul 27:15
I am very pleased to introduce this amendment. I am very pleased to have the gentlewoman from Michigan (Ms. Kilpatrick ) as the cosponsor.

Michigan
AMERICAN HOMEOWNERSHIP AND ECONOMIC OPPORTUNITY ACT OF 2000
April 6, 2000    2000 Ron Paul 27:17
Mr. PAUL. I yield to the gentlewoman from Michigan, the coauthor. Ms. KILPATRICK. Mr. Chairman, I stand as a cosponsor of this amendment, and it is a good amendment. We have had several calls in our office today wondering what it is, and we took the opportunity to explain it to them.

Michigan
AMERICAN HOMEOWNERSHIP AND ECONOMIC OPPORTUNITY ACT OF 2000
April 6, 2000    2000 Ron Paul 27:24
Mr. LAZIO. Mr. Chairman, I want to thank the gentleman from Texas (Mr. Paul ) for bringing this amendment to the House floor to address an important concern. I want to also thank the gentlewoman from Michigan (Ms. Kilpatrick ) as well.

Michigan
World Trade Organization
21 June 2000    2000 Ron Paul 48:3
Mr. Speaker, I yield 3 minutes to the gentleman from Michigan (Mr. STUPAK).

Michigan
Campbell/Bonior Amendment to Commerce, Justice, State and Judiciary Appropriations Act
June 22, 2000    2000 Ron Paul 57:1
Mr. Chairman, I rise in support of the amendment, and I want to thank the gentleman from California (Mr. Campbell ) for bringing this amendment to the floor, along with his colleague, the gentleman from Michigan (Mr. Bonior ). This is a crucial amendment. It is vital that we pass it.

Michigan
END-OF-SESSION ISSUES
October 11, 2000    2000 Ron Paul 85:1
Mr. Speaker, I thank the gentleman from Michigan and the gentleman from Colorado for allowing me the opportunity to express my thoughts on the education reform debate that is sure to consume much of our time in the remaining days of the 106th Congress. For all the sound and fury generated by the argument over education, the truth is that the differences between the congressional leadership and the administration are not significant; both wish to strengthen the unconstitutional system of centralized education. I trust I need not go into the flaws with President Clinton’s command-and-control approach to education. However, this Congress has failed to present a true, constitutional alternative to President Clinton’s proposal to further nationalize education.

Michigan
Unintended Consequences of the Drug War
June 27, 2002    2002 Ron Paul 65:15
Like they wanted to do that? The buyers of drugs would be perfectly happy to buy them in a clean, well-lit store at reasonable prices, with the profits heavily taxed to support schools, medical benefits, or any other legitimate function of government – even police. That’s how they buy cigarettes and liquor, neither of which finances international terrorists. (In a current prosecution, smuggling cigarettes from low-tax North Carolina to high-tax Michigan allegedly raised $1,500 for an alleged affiliate of Hamas. But big violence needs bigger sums from more lucrative sources.)

Michigan
Tribute To Larry Reed
25 september 2003    2003 Ron Paul 102:1
Mr. PAUL. Mr. Speaker, I am pleased to pay tribute to one of America’s leading advocates for liberty, my friend Larry Reed, who celebrates his 50th birthday on September 29th. In 1993 Larry founded the Mackinac Center for Public Policy in Midland, Michigan. Under his leadership, Mackinac has emerged as one of the largest, most prolific, and effective think tanks in America. Mackinac focuses on issues affecting Michigan; however, much of their work is useful to policymakers at the State and national level.

Michigan
Tribute To Larry Reed
25 september 2003    2003 Ron Paul 102:2
Prior to founding Mackinac, Larry served as Chair of the Department of Economics at Northwood University in Midland, Michigan. While at Northwood, Larry developed the university dual major in Economic and Business management and founded the University’s “Freedom Seminar.” Larry has also been a candidate for Congress.

Michigan
Tribute To Larry Reed
25 september 2003    2003 Ron Paul 102:5
In 1993, Larry was appointed by then-Governor John Engler to head the Headlee Amendment Blue Ribbon Commission. Governor Engler also appointed Larry to the task force of the Secchia Commission on Total Quality Government, where Larry helped develop policies aimed at streamlining Michigan’s state government. I am sure the taxpayers of Michigan are grateful to Larry for his efforts to reduce unnecessary spending.

Michigan
Tribute To Dr. Andrew Messenger, A True Friend Of Liberty
6 April 2005    2005 Ron Paul 37:1
Mr. PAUL. Mr. Speaker, I rise to pay tribute to a friend and patriot, Dr. Andrew L. Messenger, of Riverdale, Michigan.

Michigan
Rosa Parks
2 November 2005    2005 Ron Paul 117:1
Mr. PAUL. Mr. Speaker, I support S. 1285, a bill naming a federal building in Detroit, Michigan after Rosa Parks and I join my colleagues in paying tribute to Mrs. Parks’s courage and high ideals. Rosa Parks’s simple act of refusing to get up from her seat to comply with an unjust law inspired a movement that brought an end to state-mandated racial segregation. Mrs. Parks was inspired to challenge government power by her conviction that laws that treated African-Americans as second- class citizens violated the natural rights all humans receive from their creator — rights which no government can justly infringe.

Michigan
CONGRATULATIONS TO BASF FREEPORT ON THEIR 50TH ANNIVERSARY
10 July 2008    2008 Ron Paul 44:2
The story of the BASF Freeport began when the owners of BASF Overzee N.V., a subsidiary of Badische Anilin-& Soda Fabrik A. G. (BASF), Ludwigshafen, Germany, and the Dow Chemical Company, Midland, Michigan, agreed to form Dow Badische Chemical Company. Dow Badische was endowed with the chemical process technology of the European parent as well as the managerial and marketing knowledge of their U.S. parent.

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.



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