• 4 days How To Invest In The Cybersecurity Boom
  • 6 days Investors Are Patient With Unprofitable Giants
  • 8 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 10 days 5 Stocks To Keep A Close Eye On This Year
  • 11 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 12 days Central America Is Ready For The Bitcoin Hustle
  • 14 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 15 days Top Performing Stocks As Inflation Fears Grow
  • 16 days US Airline Stocks Take A Beating On New EU Restrictions
  • 17 days This IPO Could Open Sustainable Fashion Floodgates
  • 18 days Crypto Crime Nets Another $2B Fraudster
  • 20 days This Week’s Hottest Meme Stocks
  • 21 days Why World Markets Should Be Watching Germany Closely
  • 23 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 25 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 27 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 28 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
  • 28 days International Banks Blacklist Afghanistan Following Taliban Takeover
  • 30 days China’s Tycoons Are Getting A Serious Reality Check
  • 31 days U.S. Cannabis Space Heats Up With Telling Tilray Acquisition
Ron Paul

Ron Paul

Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in…

Contact Author

  1. Home
  2. Markets
  3. Other

After 'Brexit,' Can We Exit a Few Things Too?

Last week's UK vote to leave the EU may have come as a shock to many, but the sentiment that led British voters to reject rule from Brussels is nothing unique. In fact it is growing sentiment worldwide. Frustration with politics as usual, with political parties that really do not differ in philosophy, with an economy that serves the one percent at the expense of the rest of society is a growing phenomenon throughout Europe and in the United States as well. The Bernie Sanders and Donald Trump phenomena are but one example of a frustrated public sensing something is very wrong with society and looking for a way out.

What is happening in the UK, in Europe, and in the US, is nothing less than a breakdown of the entire system. The EU was meant to be a customs union where post-World War II Western Europe could rebuild itself through free trade and a reduction in bureaucracy. Through corruption and political ambition it became an unelected bully government in Brussels, where the well-connected were well compensated and insulated from the votes of mere citizens.

Whatever happens in the near future - and it is certainly not assured that the vote to "Brexit" will actually end in the UK's departure from the EU - a line has been crossed that supporters of more personal liberty should celebrate. Rule from London is preferable to liberty-minded Britons than rule from Brussels. Just as Texans should prefer rule from Austin to rule from Washington. That doesn't make either option perfect, just more likely to produce more freedom.

Is Brexit the first victory in a larger freedom movement? Can we get out of a system that creates money out of thin air to benefit the ruling class while impoverishing the middle class? Can we get out of a central bank that finances the wars that make us less safe? Can we exit Executive Orders? Can we exit the surveillance state? The PATRIOT Act? Can we exit NDAA and indefinite detention? Can we exit the US worldwide drone program, that kills innocents overseas and makes us ever-more hated?

Getting out of NATO would be a good first move. This Cold War relic survives only by stirring up conflict and then selling itself as the only option to confront the conflict it churned up. Wouldn't it be better to not go looking for a fight in the first place? Do we really need still another NATO military exercise on the Russian border? It should be no surprise that NATO Secretary General Jens Stoltenberg was fear-mongering on the eve of the Brexit vote, warning UK citizens that if they vote to leave they could face increased terrorism.

Likewise, the US would do well to exit the various phony "free trade" agreements that provide advantage to the well-connected elites while harming the rest of us.

The act of exit is liberating. We should make a longer list of those things we would like to get out of. I am only getting started.

 

Back to homepage

Leave a comment

Leave a comment