"Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks three days after rioting began," read one typical passage.
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As early as December 1989, a section of his Investment Letter, titled "What To Expect for the 1990s," predicted that "Racial Violence Will Fill Our Cities" because "mostly black welfare recipients will feel justified in stealing from mostly white 'haves.'" Two months later, a newsletter warned of "The Coming Race War," and, in November 1990, an item advised readers, "If you live in a major city, and can leave, do so. If not, but you can have a rural retreat, for investment and refuge, buy it."
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South Africa's transition to multiracial democracy was portrayed as a "destruction of civilization" that was "the most tragic [to] ever occur on that continent, at least below the Sahara"; and, in March 1994, a month before Nelson Mandela was elected president, one item warned of an impending "South African Holocaust."
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Martin Luther King Jr. earned special ire from Paul's newsletters, which attacked the civil rights leader frequently, often to justify opposition to the federal holiday named after him. ("What an infamy Ronald Reagan approved it!" one newsletter complained in 1990. "We can thank him for our annual Hate Whitey Day.")
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One newsletter ridiculed black activists who wanted to rename New York City after King, suggesting that "Welfaria," "Zooville," "Rapetown," "Dirtburg," and "Lazyopolis" were better alternatives. The same year, King was described as "a comsymp, if not an actual party member, and the man who replaced the evil of forced segregation with the evil of forced integration."
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While bashing King, the newsletters had kind words for the former Imperial Wizard of the Ku Klux Klan, David Duke. In a passage titled "The Duke's Victory," a newsletter celebrated Duke's 44 percent showing in the 1990 Louisiana Senate primary. "Duke lost the election," it said, "but he scared the blazes out of the Establishment."
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Duke is now returning the favor, telling me that, while he will not formally endorse any candidate, he has made information about Ron Paul available on his website.
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In 1990, one newsletter mentioned a reporter from a gay magazine "who certainly had an axe to grind, and that's not easy with a limp wrist." In an item titled, "The Pink House?" the author of a newsletter--again, presumably Paul--complained about President George H.W. Bush's decision to sign a hate crimes bill and invite "the heads of homosexual lobbying groups to the White House for the ceremony," adding, "I miss the closet." "Homosexuals," it said, "not to speak of the rest of society, were far better off when social pressure forced them to hide their activities."
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Surprisingly, one item expressed ambivalence about the contentious issue of gays in the military, but ultimately concluded, "Homosexuals, if admitted, should be put in a special category and not allowed in close physical contact with heterosexuals."
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In 1990, one newsletter approvingly quoted "a well-known Libertarian editor" as saying, "The ACT-UP slogan, on stickers plastered all over Manhattan, is 'Silence = Death.' But shouldn't it be 'Sodomy = Death'?" Readers were warned to avoid blood transfusions because gays were trying to "poison the blood supply." "Am I the only one sick of hearing about the 'rights' of AIDS carriers?" a newsletter asked in 1990. That same year, citing a Christian-right fringe publication, an item suggested that "the AIDS patient" should not be allowed to eat in restaurants and that "AIDS can be transmitted by saliva," which is false. Paul's newsletters advertised a book, Surviving the AIDS Plague--also based upon the casual-transmission thesis--and defended "parents who worry about sending their healthy kids to school with AIDS victims." Commenting on a rise in AIDS infections, one newsletter said that "gays in San Francisco do not obey the dictates of good sense," adding: "[T]hese men don't really see a reason to live past their fifties. They are not married, they have no children, and their lives are centered on new sexual partners." Also, "they enjoy the attention and pity that comes with being sick."

Consider the Lawrence case decided by the Supreme Court in June. The Court determined that Texas had no right to establish its own standards for private sexual conduct, because gay sodomy is somehow protected under the 14th amendment “right to privacy.” Ridiculous as sodomy laws may be, there clearly is no right to privacy nor sodomy found anywhere in the Constitution. There are, however, states’ rights – rights plainly affirmed in the Ninth and Tenth amendments. Under those amendments, the State of Texas has the right to decide for itself how to regulate social matters like sex, using its own local standards. But rather than applying the real Constitution and declining jurisdiction over a properly state matter, the Court decided to apply the imaginary Constitution and impose its vision on the people of Texas.