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**Political** Ron Paul and the Bailout
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B
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**Political** Ron Paul and the Bailout - October 1, 2008, 03:31 PM

I like Ron Paul. I've heard that he's misled, unrealistic, etc. etc. But it's never been politically sound to tell it how it is... politically sound is to tell it like the highest number of voters want to hear it, or to say it in a confusing enough way to confuse enough of them into thinking you're doing something they will like.

His answers are always short and succinct, they lack the couched tact of the traditional Capital Hill liars.

Crazy or not, I think he's a good man with good intentions, so even when I don't agree - I feel he always has a good perspective to add to any issue. And good perspective is exactly what's required to make good choices. He is in the political business of empowering the people to run their government, and it's rare to find a politician who's in it to do that. And you'll never find him in high office, unfortunately.

Anyway, enjoy. Educated opinions are welcome, as with any of my political posts keep the personals on craigslist... or go get run off the road on 66 to rant.

He who attacks the man, knew the argument too little to make sense.

http://www.cnn.com/2008/POLITICS/10/...nda/index.html


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October 1, 2008, 03:57 PM

Interesting but perhaps too simplistic in parts (though i do like his straightforward approach). and of course that short interview was not the full depth story 0 lets give him that.

He may be right that we have to let markets and housing adjust to their appropriate levels, however he forgets that means turning your back on all the shareholder value that was lost. Lets not forget that the 'fat cats' represent a minutely small portion of that lost value. True some of that may come back over time, but lots of that has put many of the 'common man' in a really screwed position. Its this mainstay spending at Walmart, Safeway etc that we need to sustain at the heart of the economy.

Secondly, buying bad debt has historically been a good thing for the government (see S&L bailout). Simply put: economy spirals downward and confidence is lost, govt steps in to buy depreciated stocks/assets , restores confidence and market recovers. govt then sells said purchases for a tidy profit. In the current bailout plan that could net the govt a tidy return of close to a trillion dollars....yes a trillion...

Look at this as an adendum to your post Ben, not a cross


i knew I should have left this alone.....lol


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October 1, 2008, 04:10 PM

Dude is right.
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October 1, 2008, 04:15 PM

I agree with the fact that he is one of the few that do tell it like it is but I think that he could have a greater influence within the Democratic party. As it stands he takes away votes from undecideds.

I also find the guy mildly entertaining. :RP shakes fist: Revolt :/RP shaking fist:


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October 1, 2008, 04:19 PM

I wish he were more marketable in this BS two party system.

I also like the ideas of performance based FDIC insurance levels.
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October 1, 2008, 04:43 PM

Quote:
Originally Posted by BlackHatch
I wish he were more marketable in this BS two party system.

I also like the ideas of performance based FDIC insurance levels.
And I wish the Networks would allow a legitimate candidate like Ron Paul participate in debates.
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October 1, 2008, 04:52 PM

Quote:
Originally Posted by CBontheMV
And I wish the Networks would allow a legitimate candidate like Ron Paul participate in debates.

Ya think. Fucking press needs a giant steel barbed dildo shoved up there collective asses.
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October 1, 2008, 05:02 PM

Quote:
Originally Posted by Dutch
Interesting but perhaps too simplistic in parts (though i do like his straightforward approach). and of course that short interview was not the full depth story 0 lets give him that.

He may be right that we have to let markets and housing adjust to their appropriate levels, however he forgets that means turning your back on all the shareholder value that was lost. Lets not forget that the 'fat cats' represent a minutely small portion of that lost value. True some of that may come back over time, but lots of that has put many of the 'common man' in a really screwed position. Its this mainstay spending at Walmart, Safeway etc that we need to sustain at the heart of the economy.

Secondly, buying bad debt has historically been a good thing for the government (see S&L bailout). Simply put: economy spirals downward and confidence is lost, govt steps in to buy depreciated stocks/assets , restores confidence and market recovers. govt then sells said purchases for a tidy profit. In the current bailout plan that could net the govt a tidy return of close to a trillion dollars....yes a trillion...

Look at this as an adendum to your post Ben, not a cross


i knew I should have left this alone.....lol
In a critique of Dr. Pauls synopsis, I could not have stated even minutely better than above, Dutch. I agree on all counts.

I was actually struck by the straightforwardness of his answers, even if unpopular. The intention wasn't really to post this as a support thread for the Ron Paul idealism, to be honest I feel precisely as you stated above, I just like the way the man does business.

EDIT: I'd love to read something by him that goes into more detail on how to restore consumer confidence inside of his model... other than the let chaos take it's free market course. The FDIC performance based adjusted levels, though oversimplified, is a very interesting idea. Do to the banks what they do to the customer, thus regulating them even if they aren't regulating the borrower.


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Last edited by B; October 1, 2008 at 05:07 PM..
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October 1, 2008, 05:07 PM

Quote:
Originally Posted by gixrB
In a critique of Dr. Pauls synopsis, I could not have stated even minutely better than above, Dutch. I agree on all counts.

I was actually struck by the straightforwardness of his answers, even if unpopular. The intention wasn't really to post this as a support thread for the Ron Paul idealism, to be honest I feel precisely as you stated above, I just like the way the man does business.
I'm quoting this before you decide to change it..

:highfive:


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October 1, 2008, 05:09 PM

Doubtful

Time is better spent appreciating people who take the time to understand the processes and their histories... even if in idealogical contention.


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October 1, 2008, 05:17 PM

So everyone's finally starting to come aound and agree with me that he should be our next president!


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October 1, 2008, 05:24 PM

HAHAHAHA... who are you?


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October 1, 2008, 05:43 PM

Quote:
Originally Posted by gixrB
HAHAHAHA... who are you?
Someone who doesn't let the machinery of the two major political parties make the decisions...


"They who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." -- B. Franklin

Every politician should serve two terms... one in office followed immediately by an equal or longer-length one in jail... except in New Jersey where jail time is a pre-requisite to holding office.

Donkeys and Elephants belong in a zoo, not Congress.

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October 1, 2008, 06:12 PM

Go Ron Paul! I wish he had a chance.


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October 1, 2008, 08:45 PM

He was ignored because he talked about the economy when the debates were all about Vietnam, 9/11 and Chuck Norris.
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