ron paul, welcome to "washington business report." you have been receiving a lot of different awards in addition to being inducted into the hall of fame by junior achievement this year. also received community banker of the year from american banker, a big national recognitioion. your colleague mercedes said it reflects on the entire bank. what does this say about eaglebank right now? >> i think mercedes is absolutely right. the people we associate with the -- of the people we have at thehe banks are so committed to what we have been able to accomplish. we need leadership which i and the board of directors provide but the 400 people who work for us help us accomplish what we have been able to. >> what are some of the things american bankers saw in your numbers that and pressed them? >> first, , we are only 14 years old, in excess of $3 billion and size -- but size is not everything because we are driven by income over balance sheet growth. we have had 15 quarters of consecutive record earnings. when you think about it, four years of r

. >> ron paul. >> we're back to ron paul? d paul has a very promising future. >> bob costas on guns. he spoke out after the kansas city chiefs football player killed his girlfriend, used a gun. kicked off the discussion. long overdue. >> mitt romney, his election campaign was honest, and the public didn't like it, so they picked the other candidate. >> simple as that. >> obama care, about changing the tax code. people didn't like to hear that. >> mitt romney almost won. if he had shown up in new jersey, he probably would have had a better shot. >> mitt romney who he said those who don't care about students who are in a country illegally have no heart, it almost killed his campaign. >> most dishonest, john boehner, republican speaker of the house. saying quote unquote, let's be honest, we're broke. we'll be right back with new years resolutions. ♪ [ music ] >>> new years resolutions, pat. >> get at list one book on nixon done this year. >> another one? >> one. >> can get cracking on my memoir, and also continue to jog so i can

ladies and gentlemen, i give you ron paul. >> guess what? being involved in the campaign for liberty -- >> that's enough from you, ron paul. you are done. as they all were. in the end, there could only be one. it's one that republicans should file away under the category of things that seemed like a good idea at the time. because for an american with a limping economy and sluggish job market, the republican party picked as its nominee, the guy who regularly said things like this. >> rick, i'll tell you what, 10,000 bucks -- $10,000 bet. >> and this -- >> i like being able to fire people who provide services to me. >> yeah. no one could have guessed at the beginning of 2012 all the absurd moments of the republican nominating contest, mitt romney's victory would be the most absurd of them all. or by the end of the year, he would be the one having the last laugh. mitt romney didn't really want to be president anyway. in a recent interview with the boston globe, his son tag said of his father that quote, he wanted to be president less than anyon

>> ron paul. >> very good. who is he? >> mitt romney. okay. who is he, gingrich.n: good for her, should she vote? too often instinct is wrong, especially when it comes to politics and economics. it is a problem we use instinct that evolved when we lived in tribes to make decisions about our complex economy. the task of economics is demonstrate to men how little they really know about what they can imagine they have designed. opinion polls show that americans are dissatisfied with government. congress has a 12% of approval rating, people should be suspicious. central planners failed in soviet union, and cuba, and america's public schools and post was owasonoffice, however,r crisis hits, natural instinct is to say, there ought to be a law. government must do something. that is what i used to think. i learned in my years of reporting, news stories should draw attention to a terrible problem, homelessness, crack cocaine, people spending too much time on internet, not enough time on internet, whatever the problem there was usually one answer, government should act. it

the political hero for this year is ron paul. ron paul has been an honest man, truth and integrity. he says the truth. he is not an average politician. he is more a statement. a statesman is someone that puts the country above political desires. he is a humble man. he is an american hero, in my opinion. he has been an american hero. his beliefs go beyond just this year. i think he is the political hero of 2012, above anybody else. host: was there a specific instance? caller: when all the other politicians -- our wars. all the other politicians are talking, "we have to continue these wars," same old status quo about the wars that we're involved in. we're losing lives and nothing is being won. we are losing in these engagements and he spoke out. he said this is ridiculous and he stands truth to this. .e doesn't change with the wind ron paul tells you exactly what he believes and he always stood by what he believes. you might not agree with what he is saying but you know you're getting the truth from the man. host: steve from arizona. caller: my hero is my congressman, ron barber. as y

chris: loser is a pretty good word. >> i'm staying with ron paul. the republicans are only going to win the presidency when they stop letting people run who adjust to raise their speaking fees. chris: but it's free to get in. >> anyone can grow up to be president. chris: on a more serious note, our next nominations are for backbone. we have to say that the heroic teachers in newtown, connecticut, and first responders, won every american's highest regard but this show's about politics. in our political awards, our nominees are chief justice john roberts who we talked about earlier stiffed the other conservative justices, including scalia, and upheld obama care. next, those republicans in congress who broke publicly with grover norquist to support the idea of higher tax rates on the healthy, or, bobby and wallace edwards, parents of john edwards, who trooped behind him every day to that north carolina courthouse to stand with their son. or, was it this -- >> one nation, under god, indivisible, liberty and justice for all! [cheers and applause] chris:

. >> civilians are less likely to hit the target versus law enforcement and representative ron paul is against all of this. he's saying this is not the answer, this or wellion surveillance totalitarian way to go and total state control he says will be invited into the schools if you're armed teachers. >> ron paul says that. >> representative ron paul is against this. >> use it as a extension of government. >> yeah, he does, i understand the man's point, i'm just surprised to hear this. >> he's vehemently against this. >> not every teacher is so stable, too. i tell you something, i come from a long line of teachers in my family, a lot of stories about teachers. >> send your e-mails-- >> stop it right now, the e-mails are on the way. in a few minutes the latest read on pending home sales for november. and we ask a secondary question, will falling off the fiscal cliff kill this one bright spot in the economy which is housing why can't congress make a deal? it had months to compromise and there's nothiig out there. the dow is down 88. copd makes it hard to breathe, but with advair, i'm b.

may be on ron paul's agenda.ron paul and i get on personally okay. >> he thinks you are the height of integrity. >> i wrote an essay on gold and a process which i recommend. a terrific book. the new edition has come out. but the point of legacy he is a -- the gold standard will be effective, you've got to fix the price of gold. you've got to stick to it. through thick and thin. and two things that after we went off called a couple times the last century or so, somebody is really going to stick through thick and thin. i think you get in trouble you go off. then the gold standard is nothing. [inaudible] you have to replace all the dollars out there with gold, the price of gold would have to be enormous. who thinks that would be maintained? >> there's a question right thing both of you, which is a deeply the large-scale asset purchases are accepted? and he said, to what channel? a question about -- they're asking whether large scale asset purchases are effective and which assets to you by? >> i can't comment on that

he pushed ron paul's delegate out of congress to push him out of the nomination. he did everything he could to become president and he failed. >> richard, does no one in the romney family have any kind of ear for what honesty sounds like? >> well, i'm not sure if they know what humanity looks like. you know, they said the romney sons say they cannot think of a poe person who wants to be president less than their father. i suggest they meet more people, because there's a lot of people who don't want to be president, and here's the paradox that runs through the entire romney campaign, which is you had somebody desperate to be president and who was deathly uncomfortable to be a candidate for president. you can't message over it, it's not about the 370,000 votes they lament were not theirs and would have won them the election. only 370,000 votes. if you're al gore and you lose an election by an ex krus ating close margin, then you have the right to lament the margin of defeat. but 370,000 votes is not a slow margin of defeat. they are slow to comprehend what happened

state arising under the noses of both political parties and. >> you talk about your alliance with ron paulboth of you are leaving. this is your last days in congress, at least this time. so who are your successors, who you see in congress right now who will carry on these struggles for privacy, against drones? >> i would hope people i have worked with in the past like barbara lee, alan grayson and others would continue the efforts. there are people on both sides of the aisle which expressed concern. you have to remember we put together a very powerful coalition in challenging the war in libya that was a collision between democrats and republicans that reflects a new concern about where is america going? why are we letting the president or the white house determine that we should expand war? we don't even involve congress anymore. i think you are going to see continued efforts. the question is, the strength of it. and the question is, as a function of the work of political parties, why political parties have essentially been outside of this debate over civil liberties? why have the parties

newt gingrich, ron paul y rick santorum... la convencion republicana en la florida, romney fue nominado por su partido como su candidato presidencial... el presidente obama, sin ningun oponente, fue nominado en carolina del norte en la convencion democrata... las campaÑas arrancaron con mas vigor... y tambien la serie de anuncios publicitario s...desprestigiandose el uno al otro... pero tambien sus seguidores... sus aliados.. se unieron a la ambiciosa carrera para llegar a la casa blanca... con avisos televisivos como este... auspiciado por el sindicato de trabajadores de servicio, seiu.. "estos anuncios han sido muy eficaz en enseÑar a la comunidad latina quien es mitt romney y cuando lo conocen no lo aprueban" pero los republicanos defendieron la trayectoria de romney y su agenda para los hispanos... "cada dia estamos saliendo con el menje del gobernador romney, el mensaje republicano para asegurar que el mensaje republicano le llegue a la comunidad latina" alexandra franceschi/portavoz, comite nacional republicano hasta el

night off the bernie made off of the fed no the real a corner that makes them dangerous congressman ron paul if it is working franticly there editorializing they have hired a lobbyist and they do not want us to know what they are doing and they use all kinds of frivolous arguments why the congress is not a lot of know what they're up to the fifth is the bailouts costing just a trillion pastry media quotes several of the documents the federal reserve has tried to keep secret for years showing the real figure is twenty nine trillion dollars that's twice the value of everything produced in the u.s. in twenty twelve. eighty percent of that stash is going to just twelve banks included with the fed bankers sitting on all of the regionals but this would be smacks of enormous conflict of interest from building a wall and years ago the fed by calls swirling a massive crisis he joins us how far has it come ok there are only twelve banks that do this stuff. the total number of banks that are involved heavily in credit default swaps and who finance their positions in assets but issuing liabilities to ot

i think that ron paul's supporters would not be compromising their vote with a vote for the libertarianticket, myself and judge jim gray. >> host: who we also talked to here on booktv. gary johnson 2012 is the web site, dot.com, i should say, and here is the cover of governor johnson's new book, "seven principles of good government: liberty, people and politics." out in august of 2012. >> is there a nonfiction author or book you'd like to see featured on booktv? send us an e-mail at booktv@cspan.org or tweet us at twitter.com/booktv. >> with a month left in 2012, many publications are putting together their year-end looks of notable books. booktv will feature several of these lists focusing on nonfiction selectn

partner knows a thing or two about the republican party he worked as a staffer for jack kemp and ron paul he worked for conservative think tanks like the heritage foundation the cato institute and he wrote columns regularly for conservative publications like the wall street journal the washington times the national review as recently as just a decade ago bartlett was advising the george w. bush administration on economic matters but in two thousand and three bartlett the man who claims to have made significant contributions to legitimise in supply side economics actually wrote and co-wrote two books on this began to have an excess tension crisis he was disturbed by the new republican party's out of control spending and irresponsible tax cuts he saw a government run wastefully and he saw the republicans committed to an unwavering denial of keynesian economics that he knew could help us out of our economic problems in the same way they did in the one nine hundred thirty s. he spoke out about it and was basically excommunicated from the republican party for speaking out. today after thirty t

think we'll see this in the new york fed well i never know i mean they did have an audit you know ron paul wanted like a real legitimate audit in the parking lot it they might do something like that i know there are a lot of people out there that have. vast his positions about how much gold is in the vaults but i don't think the issue is if the physical gold is is there in the sense that it is a lease and also how many times has many people own or have believe that they own the claim to a certain gold bar with that serial number right how many times have been. right so that's the kind of the question with gold there's still games that can be played with paper gold and that's that's what data harps on about all the time. but murphy chris paul those guys go beyond that food by the way they're going to be in studio guys together so right you know what i think was amazing because i haven't actually ever been in a gold vault which i would like to play on my bucket list maybe one day i'd like to own one but some gold and one at least but i thought it was very interesting that i didn't realize th

edition of conversations with great minds with bruce part served in the staffs of former congressman ron paul and jack kemp and former senator roger jepson he's been the executive director of the joint economic committee of congress senior policy analyst in the reagan white house and deputy assistant secretary for economic policy at the treasury department during the george h.w. bush administration reeses a columnist for the fiscal times and the author of several books including the new york times best seller impostor how george w. bush betrayed america and betrayed our bankrupt excuse me the american betrayed the reagan legacy his latest book is entitled the benefit and the burden tax reform why we need it and what it will take restrains me now in the studio welcome happy new year pleased to have you with us in the american conservative view you recently wrote an article in which you suggested that the modern republican party is suffering suffering from epistemic closure which sounds like a latin for. what if well so i'm nicer than saying what i really think which is that they're all either

maher he goes out and loses his chauffeur saying these people are brave and you have people like ron paul get out there and talk about blowback as a reality and he's he's ridiculed i mean how do we get here where the discourse is just so time down to we can't even acknowledge obvious truths such as that primitive discourse. there's a bit of worship a blind worship of the military and patriotism jingoism that used to be called. you know i strongly believe in a good military and strong military but to defend our country not to invade other countries and to come try to conquer the world and i think there's a huge difference in this been forgotten morality it was to take the law always einstein once said vehemently the country doesn't obey its laws the laws will be disrespected so it seems that we the fundamental morality has been. somewhere along the way recently and it's it's who wins it's what's effective can we kill bin laden without having to bring him to trial can we just get it and that get it done mentality justifies the ends and that's where countries go wrong people go wrong all our

political operatives for those who follow the presidential runs of rand paul's father texas congressman ron paul here's proof that once in a while the apple can fall far from the tree. why does it political suicide for anyone to criticize. israel who has two hundred three hundred nuclear missiles and they can take care of themselves. rand paul has also stakes his political career on decreasing foreign aid that same aid benefited israel to the tune of more than three million dollars last year this trip may help rand shake off fears from israel and its supporters that his policy ideas would cut off the country from american money but here's a question what will his dad ron say at christmas. now on to an issue that has more than five million americans in dire straits student loans there is now more student loan debt than credit card debt in this country and an entire cottage industry dedicated to collecting that debt the department of education pays about a billion dollars to debt collectors each year to track that money down now a new bill from representative tom petrie a republican from wisconsin

. >> long serving texas congressman ron paul decided not to seek re-election to focus on white housee of several high profile members of congress that will retire this year. >> government gets bigger, the liberties are diminishing. >> barney frank and burton from the house, jon kyl, kay bailey hutchison, lieberman and nelson join members of the house and senate hanging up the congressional careers. 2012 also marked a milestone in implementation of president obama's healthcare law. in the 5-4 decision in june, the u.s. supreme court ruled a major crux of obamacare, the individual mandate is indeed constitutional. >> happy and pleased to put the supreme court ahead of partisanship. >> against the federal government that claimed map dated was violate of freedom. >> the republicans won't let up so what ever to repeal the terrible law. >> justices heard arguments from both sides and record-setting three-day hearing in march. at the time, it was unclear which way they were leaning. >> do you not have a heavy burden of justification to show authorization under the constitution? >> purchase

. >> long serving texas congressman ron paul decided not to seek re-election to focus on white houseof several high profile members of congress that will retire this year. >> government gets bigger, the liberties are diminishing. >> barney frank and burton from the house, jon kyl, kay bailey hutchison, lieberman and nelson join members of the house and senate hanging up the congressional careers. 2012 also marked a milestone in implementation of president obama's healthcare law. in the 5-4 decision in june, the u.s. supreme court ruled a major crux of obamacare, the individual mandate is indeed constitutional. >> happy and pleased to put the supreme court ahead of partisanship. >> against the federal government that claimed map dated was violate of freedom. >> the republicans won't let up so what ever to repeal the terrible law. >> justices heard arguments from both sides and record-setting three-day hearing in march. at the time, it was unclear which way they were leaning. >> do you not have a heavy burden of justification to show authorization under the constitution? >> purchase in

as you know, ron paul has called for the federal reserve to be shut down.one interesting reason, i thought, is that he wants to bring money back to congress. whereby they can do so without charging interest to itself. as was done prior to 1913. it was also something that thomas jefferson and andrew jackson warned about. having big bank takeover. he basically charged interest on money that they created out of nothing to begin with. >> guest: you know, the focus of money was really sort of outside four corners of my job. but what i would do is recommend to just about anyone, i am reading the white house is burning books and they do a wonderful historical account of what you're talking about. also how to place today. so i will defer to them because they hide a high degree of expertise in that area. i will just say the wonderful book. >> host: here is neil barofsky's bestseller, "bailout: an inside account of how washington abandoned main street while rescuing wall street." he has been our guest here on booktv. >> booktv is on facebook. like us or interact with

. >> ron paul railed against the federal reserve and got applaud from growing clouds. >> we don't have money, run out of borrowing power and guess what they do? they start printing money. >> despite paul and others' criticism the fed acted more aggressively. doubling down on printing more money each month to keep interest rates low for the future. >> it's likely warranted through 2015. >> why are they doing it? go back to the national debt clock. remember, we were staring at it it early in series. the debt to gdp or gross domestic product ratio is at 102%. the highest since just after world war ii. that is with extremely and historically low interest rates. even at these rates, that interest will cost the u.s. more and more every year. $222 billion in interest payments on the debt this year. $570 billion by 2022. at current rates. >> this stuff is no joke. we have a big interest to keep the interest payments low. also, incidentally keeping interest payments low so we can, so that other parts of the economy can function or function as women as they can under the vaguely recessionary cir