SPEECH OF
HON. RON PAUL
OF TEXAS
IN THE HOUSE OF REPRESENTATIVES
Wednesday, May 6, 2009
2009 Ron Paul 53:1
Mr. PAUL. Mr. Speaker, I support H. Res.
401, which honors the legacy of former Representative
Jack Kemp. I became friends with
Jack when we served together in the House of
Representatives from 1976 to 1985. Our
friendship was based on our shared conviction
that low taxes and sound monetary policy are
essential to liberty and prosperity.
2009 Ron Paul 53:2
Jack is probably best known for the key role
he played in the supply side revolution that
led to the tax rate reductions of the early
eighties. However, what I most remember
about Jack was that he was one of the few
politicians I have met who understood how fiat
money harms Americans. Jack was passionate
about reforming monetary policy so
America would again have, as Jack memorably
put it, a dollar as good as gold. It was
largely due to Jacks efforts that the Republican
Party platform of 1980 endorsed a return
to the gold standard. Jacks support was instrumental
in me being named to the U.S.
Gold Commission in 1982. While I was not always
in total agreement with Jacks views on
monetary policy, I always appreciated his interest
in the issue.
2009 Ron Paul 53:3
In his later years, Jack was critical of the
idea that the best way to promote human liberty
was through an aggressively militaristic
foreign policy. In his 1996 campaign for Vice
President, Jack attacked the Clinton Administrations
aggressive foreign policy, famously
quipping that the United States government
should not bomb before breakfast. In my last
conversation with Jack, he shared with me his
opposition to the Iraq war.
2009 Ron Paul 53:4
In conclusion, I urge my colleagues to support
H. Res. 401 and honor the best of Jack
Kemps legacy by working for low taxes,
sound money, and a sensible foreign policy.