Ron Paul For President!?

Last post 01-16-2008 12:19 AM by Bishop. 21 replies.
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  • 01-11-2008 4:47 PM

    Ron Paul For President!?

    I don't think real Market Businesses and players will be behind him, anyone here?

    See, I just want to learn about the market because I don't see it going away in the next 10 years and you have to earn more than 6% a year to beat inflation,

     

    But I think Ron Paul could start to steer the US towards a more sound and sustainable direction of financial and democratic responsibility.     FOR FREEDOM!!!!!!!!

  • 01-11-2008 5:10 PM In reply to

    Ron Paul For President!?

    only if he can beat a weak dollar GO OBAMA OR GO BLOOMBERG
  • 01-11-2008 6:49 PM In reply to

    Ron Paul For President!?

    6% to beat inflation? Inflation is usually 2% - 3% range. Anyway, I like the social libertarian aspect of him but not the financial part. I for one like having the federal reserve considering they are the ones that keep inflation in check, without them, inflation probably would be in the 6% range. I also like the idea in paying taxes for education, as thats a crucial investment since we are becoming an information economy. Not to mention I like having a floating currency. There is a reason why all the economies in the world don't use a gold standard, which Ron Paul wants.  Not to mention his anti defecit talk. Defecit is actually good for the economy, “According to Keynesian economic theories, running a fiscal deficit and increasing government debt can stimulate economic activity.”

    I’m going for Obama

  • 01-11-2008 6:51 PM In reply to

    Ron Paul For President!?

    and sorry for the typo, just wrote it and posted it, without checking.
  • 01-11-2008 7:24 PM In reply to

    Ron Paul For President!?

    Not me
  • 01-11-2008 7:34 PM In reply to

    Ron Paul For President!?

    Not me
  • 01-12-2008 11:31 AM In reply to

    Ron Paul For President!?

    As per   -

    noradbase -

     

    I don't know anything about economic theories, but it seems to be a slap in the face of common sense to promote bad fiscal responsibility as a means of promoting/creating a solid and healthy economy.

    AND! - we have only been in the current currency and market conditions for about 75 years.  That is nothing in the history or business and money.  IT HASN'T REALLY BEEN TESTED IN DIFFICULT TIMES AND    COULD ALL COME CRASHING DOWN.     

    We all hope it won't, but promoting debt as a way of promoting wealth and better lives just seems Bass Aackwards!!

  • 01-12-2008 12:20 PM In reply to

    Ron Paul For President!?

    The gold standard and the federal reserve issues above to fit with real reasoning and logic. Gold Standard and not printing more money will definitely get rid of the inflationary issues our country is facing.

    The markets would be in a fine spot under such a system with more limited government, little or low inflation and a focus on Americas changes coming from Americans as opposed to coming from government statutes and laws. Limited government would mean more access to capital and new business ideas for corporations as well as less red tape for competition. I'm not advocating for monopolies but I'm tired of these candidates confusing 'corporate greed' with capitalism.

    If there was a solid handle on inflation we wouldn't have had such a loss in the value of the dollar thus importing goods would be a smoother transition as would paying local employees instead of outsourcing. With the low dollar we now have a pretty good shot at getting America back to where it should be - manufacturing our own goods and relying less on the world economy and allowing the rest of the world to come to us for goods and services.
  • 01-12-2008 2:15 PM In reply to

    Ron Paul For President!?

    How about John Edwards. He encompasses Ron Paul's social and privacy liberilisim, without the devistating ruin Paul's  tearing down of the federal government would bring about.
  • 01-12-2008 2:56 PM In reply to

    Ron Paul For President!?

    I find Paul oddly interesting because he's so fringe that he can afford to say the things that others can't. However, about the only way I could conceivably support him is if he did a job-share with Dennis Kucinich to balance him out. :)
  • 01-12-2008 9:28 PM In reply to

    Ron Paul For President!?

    What would a smaller government hurt, seti? If anything it would be more efficient, cost less and produce more results with less red tape. We don't need government intervention in every aspect of our lives. To those who think the government should intervene and offer everyone health insurance: what other programs has the government controlled that was successful? Social security? Medicaid? Privatizing programs like health insurance and even social security will solve a lot of issues because they will run the programs in a fashion that has to produce results.
  • 01-12-2008 9:57 PM In reply to

    Ron Paul For President!?

    nope
  • 01-12-2008 10:14 PM In reply to

    Ron Paul For President!?

    First of all, I like the idea of federal money going to pay for education. Secondly I am against the electoral college system which he is for. Thirdly, abolishing the federal reserve is not what I would consider fiscally responsible. Also, may I remind you John Keynes, one of the greatest macroeconomics economist, said deficit spending isn’t as bad as everyone thought it is

     

    “Keynes's theory suggested that active government policy could be effective in managing the economy. Rather than seeing unbalanced government budgets as wrong, Keynes advocated what has been called countercyclical fiscal policies, that is policies which acted against the tide of the business cycle: deficit spending when a nation's economy suffers from recession or when recovery is long-delayed and unemployment is persistently high—and the suppression of inflation in boom times by either increasing taxes or cutting back on government outlays. He argued that governments should solve problems in the short run rather than waiting for market forces to do it in the long run, because "in the long run, we are all dead."”

     

    And as for this gold standard garbage Ron Paul supportes go on about:

     

    “In practice, the production of gold has usually trailed economic growth, resulting in periods of deflationary pressure, including contributing to the cause of the Great Depression

     

    “In particular, gold-backed currencies prevent tailoring the money supply to the economy's demand for money, and are subject to speculative attacks when the government's financial position looks weak; attacks which often require punitive economic measures to counter.”

     

    “the total amount of gold that has ever been mined is estimated at about 142,000 tonnes.[4] At a gold price of US$800 per Troy ounce, or around $26,000 per kilogram, the value of this entire planetary stock would be $3.65 trillion, which is less than the value of cash circulating. In the U.S. alone, more than $7.3 trillion is in circulation or on deposit.”

     

    Not to mention the US has one of the lowest unemployment rates, and the highest standard of living, so it seems Keynes was right. Ron Paul’s fiscal policies are highly overrated, not to mention dangerous if put into practice

  • 01-12-2008 10:26 PM In reply to

    Ron Paul For President!?

    Good information, Norad.

    Incidentally, I'm not really a Ron Paul supporter, I am, however, a supporter of reducing the size of the government. I'm tired of everyone wanting the government to run all these programs. That's interesting information on the economics of the Gold Standard, etc. Gold Standard is long gone and I think I might have mis-posted above. Though the current system sets us up to control the inflation rate I feel that we should be a little more careful with how we handle that portion of our system.

    The main point I was intending to make was that markets will do well under many systems including larger or smaller governments. With a good handle on inflation we can control the movement of the markets.

    Thanks for the read.
  • 01-12-2008 10:44 PM In reply to

    Ron Paul For President!?

    I'll admit, i do support his idea of ending the drug war, and his anti-war stance. His fiscal stuff is a major turn off, as is his anti-abortion position.
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