"It is our true policy to steer clear of entangling alliances with any portion of the foreign world."

~ George Washington

I have written before about the critical need for Congress to reassert its authority over foreign policy, and for the American people to recognize that the Constitution makes no distinction between domestic and foreign matters. Policy is policy, and it must be made by the legislature and not the executive.

But what policy is best? How should we deal with the rest of the world in a way that best advances proper national interests, while not threatening our freedoms at home?

I believe our founding fathers had it right when they argued for peace and commerce between nations, and against entangling political and military alliances. In other words, noninterventionis.

Noninterventionism is not isolationism. Nonintervention simply means America does not interfere militarily, financially, or covertly in the internal affairs of other nations. It does not mean that we isolate ourselves; on the contrary, our founders advocated open trade, travel, communication, and diplomacy with other nations. Read more

The recent defeat of the amnesty bill in the Senate came after outraged Americans made it clear to the political elite that they would not tolerate this legislation, which would further erode our national sovereignty. Similarly, polls increasingly show the unpopularity of the Iraq war, as well as of the Congress that seems incapable of ending it.

Because some people who vocally oppose amnesty are supportive of the war, the ideological connection between support of the war and amnesty is often masked. If there is a single word explaining the reasons why we continue to fight unpopular wars and see legislation like the amnesty bill nearly become law, that word is “globalism.”

The international elite, including many in the political and economic leadership of this country, believe our constitutional republic is antiquated and the loyalty Americans have for our form of government is like a superstition, needing to be done away with. When it benefits elites, they pay lip service to the American way, even while undermining it. Read more

Last week I had an opportunity to present the case against US membership in the World Trade Organization at a seminar in Washington. Later this summer Congress will have a similar opportunity to raise objections about the WTO when several colleagues and I bring a resolution to the House floor seeking the wholesale withdrawal of the US from the organization.

The World Trade Organization by its own admission is not just about trade. According to the WTO website, liberalizing trade actually takes a back seat to its more activist ambitions, such as “development” – a euphemism for wealth-transfers from rich nations to poor nations. Likewise, their own website promises that, “In the WTO, commercial interests do not take priority over environmental protection.” In 1994 the WTO created the Trade and Environment Committee to bring “environmental and sustainable development issues into the mainstream of WTO work.” What does this mean? It would not take much imagination to tie any environmental issue to trade and thus invite WTO meddling. Read more

The United Nations is holding a conference beginning this week in New York that ironically coincides with our national 4th of July holiday. It’s ironic because those attending the conference want to do away with one of our most fundamental constitutional freedoms – the right to bear arms.

The stated goal of the conference is to eliminate trading in small arms, but the real goal is to advance a worldwide gun control movement that ultimately supercedes national laws, including our own 2nd Amendment. Many UN observers believe the conference will set the stage in coming years for an international gun control treaty.

Fortunately, U.S. gun owners have responded with an avalanche of letters to the American delegation to the conference, asking that none of our tax dollars be used to further UN anti-gun proposals. But we cannot discount the growing power of international law, whether through the UN, the World Trade Organization, or the NAFTA and CAFTA treaties. Gun rights advocates must understand that the forces behind globalism are hostile toward our Constitution and national sovereignty in general. Our 2nd Amendment means nothing to UN officials. Read more

As election time nears, we are bombarded with political ads and speeches by candidates telling us their great plans for running the country. At the end of the recent presidential debate, for example, the Democratic nominee recited a litany of supposed cures for nearly everything that ails us, beginning each sentence with the phrase “I have a plan…”

The problem is that government is not supposed to plan our lives or run the country; we are supposed to be free. That our public discourse strays so far from this principle is an unhappy sign of our times. Those who believe in limited constitutional government should worry every time a politician says, “I have a plan.” Read more

 Mr. Chairman, thank you for holding this important hearing examining the question of whether national ID cards would enhance security. Protecting the security of the American people from foreign threats is the most important responsibility of the federal government, and there is much the government needs to do in this area. Among the steps the federal government should take is to restrict immigration from countries which support or harbor terrorists, and implement policies to effectively enforce existing immigration laws. Moreover, private property owners certainly can take steps to protect their property from terrorists and other criminals. For example, it is perfectly legitimate for airlines to issue private ID cards to passengers and perform background checks as a condition of selling them a ticket. Read more

While fear itself is not always the product of irrationality, once experienced it tends to lead away from reason, especially if the experience is extreme in duration or intensity. When people are fearful they tend to be willing to irrationally surrender their rights.

Thus, fear is a threat to rational liberty. The psychology of fear is an essential component of those who would have us believe we must increasingly rely on the elite who manage the apparatus of the central government.

The statement “Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety” has been attributed to Benjamin Franklin. It is clear, people seek out safety and security when they are in a state of fear, and it is the result of this psychological state that often leads to the surrender of liberty. Read more

Many who agree with me on a lot of other issues do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy. It's true that I talk about money differently than most, but the fact is sound money offers many benefits. For example – peace.

Can sound money really bring about peace? Actually, it plays a big part in peaceful international relationships. Money based on commodities, rather than paper, is not subject to government manipulation, and is a key component to free and honest trade. History shows that if countries engage in trade with each other, their governments tend to find ways to get along for the same reason you do not kill your customers at your place of business, even if they occasionally annoy you. If someone outright cheats you, however, you may engage in “war” by taking them to court, for example,  Read more

Madame Speaker, many Americans are hoping the new administration will solve the economic problems we face. That’s not likely to happen, because the economic advisors to the new President have no more understanding of how to get us out of this mess than previous administrations and Congresses understood how the crisis was brought about in the first place.

Except for a rare few, Members of Congress are unaware of Austrian Free Market economics. For the last 80 years, the legislative, judiciary and executive branches of our government have been totally influenced by Keynesian economics. If they had had any understanding of the Austrian economic explanation of the business cycle, they would have never permitted the dangerous bubbles that always lead to painful corrections. Read more

I rise to speak on the concept of competing currencies. Currency, or money, is what allows civilization to flourish. In the absence of money, barter is the name of the game; if the farmer needs shoes, he must trade his eggs and milk to the cobbler and hope that the cobbler needs eggs and milk. Money makes the transaction process far easier. Rather than having to search for someone with reciprocal wants, the farmer can exchange his milk and eggs for an agreed-upon medium of exchange with which he can then purchase shoes.

This medium of exchange should satisfy certain properties: it should be durable, that is to say, it does not wear out easily; it should be portable, that is, easily carried; it should be divisible into units usable for everyday transactions; it should be recognizable and uniform, so that one unit of money has the same properties as every other unit; it should be scarce, in the economic sense, so that the extant supply does not satisfy the wants of everyone demanding it; it should be stable, so that the value of its purchasing power does not fluctuate wildly; and it should be reproducible, so that enough units of money can be created to satisfy the needs of exchange. Read more

Mr. Speaker, I shall be soon leaving the House and have asked for this special order to make a few comments regarding the problems our nation faces and the actions needed to correct them. Having been honored by the 22nd District of Texas to represent them for four terms, I have grown to appreciate the greatness of this institution. I only wish the actions performed by the Congress in recent years could match the historic importance of this body.

Thousands of men and women have come and gone here in our country's history, and except for the few, most go unnoticed and remain nameless in the pages of history, as I am sure I will be. The few who are remembered are those who were able to grab the reins of power and, for the most part, use that power to the detriment of the nation. We must remember that achieving power is never the goal sought by a truly free society. Dissipation of power is the objective of those who love liberty. Others, tragically, will be remembered in a negative way for personal scandals. Yet those individuals whose shortcomings prompted the taking of bribes or involvement in illicit sexual activities, have caused no more harm to society than those who used "legitimate" power to infringe upon individual liberty and expand the size of government. Morally the two are closely related. The acceptance of a bribe is a horrible act indeed for a public servant, but reducing liberty is an outrageous act that causes suffering for generations to come. Read more

The financial meltdown the economists of the Austrian School predicted has arrived.

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy – all the capital misallocation, all the malinvestment – and prevent the market's attempt to re-establish rational pricing of houses and other assets.

Last night the president addressed the nation about the financial crisis. There is no point in going through his remarks line by line, since I'd only be repeating what I've been saying over and over – not just for the past several days, but for years and even decades. Read more

Last week, I wrote about the ideology of globalism and how it underlies certain government policies. Managed trade agreements, international military adventurism, and amnesty for illegal immigrants all emanate from this ideology.

Yet globalism has a consequence that is, if we are to believe the rhetoric of its greatest proponents, entirely unintended. Globalists often label those of us who resist their schemes as “isolationist.” Yet it is, somewhat remarkably, the globalists themselves who promote policies that isolate our nation from the rest of the world.

In terms of modern politics, isolationism is not so much an approach to American foreign policy as it is the result of the policies enacted by proponents of globalism. From offensive statements about “Old Europe” (as differentiated from “New Europe”), necessitated by the desire to justify a military presence in Iraq, to conflicts at the WTO, the flowery rhetoric of the neo-conservatives often takes vicious turns when unrealistic policies meet with reality. Read more

You won’t hear either presidential candidate say much about the issue of foreign aid during this election season, despite the record levels of federal spending and debt that plague our economy. Very few Americans realize the extent to which Congress sends billions of their tax dollars overseas to fund the most counterproductive foreign welfare schemes imaginable, always in the guise of helping the poor. A recent report by the congressional Joint Economic Committee on which I serve highlights the reckless manner in which one organization, the International Monetary Fund, wastes your money around the world.

The IMF provides a perfect illustration of the both the folly of foreign aid and the real motivations behind it. The IMF touts itself as a bank of sorts, although it makes “loans” that no rational bank would consider – mostly to shaky governments with weak economies and unstable currencies. The IMF has little incentive to operate profitably like a private bank, since its funding comes mostly from a credulous US Congress that demands little accountability. As a result, it is free to make high-risk loans at below-market interest rates. Read more