Constitution Party Presidential candidate Chuck Baldwin on NPR

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Transcript and audio here.

The Rev. Chuck Baldwin calls the Federal Reserve Board a “fraudulent system.” Baldwin, the Constitution Party candidate for president, blames the current economic crisis on bankers and government that “repudiated sound money principles.”

The problem, Baldwin says, is that people have been spending more than they can afford. “We need to follow the advice my father gave me,” he tells Weekend Edition host Scott Simon.

“‘If your outgo exceeds your income, then your upkeep will be your downfall.'”

As president, Baldwin says, he would work toward overturning the 16th Amendment, which establishes Congress’ authority to levy taxes. In addition, he would like to see the IRS and the Federal Reserve disbanded.

To compensate for abolishing income taxes, Baldwin would “slash” spending across the board “to the limits prescribed by the Constitution.” Revenue would instead be generated by a 10 percent tariff on all imports, and spending would be limited to only what’s necessary, such as roads, bridges and veteran care. Among the budgets to be eliminated: foreign aid.

Baldwin would bring the troops home from Iraq, applying advice from commanders on the ground to set a “realistic” timetable. “It would have to be done in a safe and secure manner,” he says. “The sooner, the better.”

When it comes to abortion, Baldwin chastises the Republican Party for not being serious in its opposition. He points to recent Republican control in the House, Senate and White House. “For six years they did nothing to end abortion on demand or overturn Roe v. Wade.”

“When George W. Bush leaves office in January of 2009, there’ll still be 1 million-plus babies aborted every year in the wombs of their mothers. The Republican Party, when it comes to the life issue, is all rhetoric,” Baldwin says.

“I think it’s time that people who really do believe in the sanctity of human life … should look for people that are not just talking the talk when it’s election time.”

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