Ron Paul arrived at Loyola calling for an ideological revolution. “It’s good to see so many young people here to lead this revolution,” he said. The Texan representative’s lecture, “The Fed and Foreign Policy,” was about a libertarian way of government. He spoke in Nunemaker Hall on Sept. 2 for about an hour in front of a full house. The Economics Club organized the event, and Walter Block, the Harold E. Wirth Eminent Scholar Endowed Chair professor of economics, introduced the representative. Paul’s main focus was his view of the current economic crisis. He went on to say that people don’t take the time to see what caused the problem. “We wouldn’t have gotten into this mess if we had abided by the Constitution,” he said. He stated that Americans need to focus on one thing, which is the preservation of liberty. On that note, he added that the United States should change its foreign policy and look at the past to move to the future. “We have won more in peace and trade than we’ve had in war and violence,” Paul said. “We could save a lot of money if we change our foreign policy.” “You have a right to life and a right to keep what you have,” he said. Paul also said, that “the federal government overpowers states’ rights.” Block said he invited the congressman because Paul is “the leading libertarian and free enterprise economics person, but he’s also a magnificent economist” and that Block wants students “that free enterprise is a benevolent system and that if you’re in favor of free enterprise it doesn’t mean that you are cruel or heartless.” After Paul spoke the last word of his speech, the crowd burst into a roar. “The country is awakening, the revolution is alive and well, and if you continue it, you will see a positive change,” he said. Eduardo Gonzalez can be reached at [email protected]
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Economics Club, Block host Ron Paul lecture
September 2, 2009
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