Dr. Paul, a former Republican, is the Libertarian Party's candidate for President,

and he proves, in this energetic exchange, to be a well-spoken exponent of the libertarian

creed. WFB: "As somebody who occasionally calls himself a libertarian, I regret the

extent to which the libertarian position is discredited by a kind of reductionism that is

simply incompatible with social life. You want to destroy the FBI, for instance. Why?"

RP: "Well, we could point out, first, that the first 125 years of this country existed

without an FBI. That came about, I believe, during the First World War. The CIA is a

really recent phenomenon, 1947." WFB: "Well, we existed 125 years without an

airplane, too."