spivey378
10-16-2007, 05:20 PM
http://phantasytour.com/phish/boards_thread.cgi?threadID=1430792&page=1
got into RP through this board. do a search for ron paul threads on there for some good debate
If you haven't already noticed, Ron Paul is the only candidate willing to acknowledge the nation's debt (over $8 trillion) and the declining value of our fiat currency.
Currently the country wastes billions of dollars on Iraq, the War on Drugs, Homeland Security, etc. The government taxes the country significantly, but still spends much more money (read wastes) on misled policies and corrupt goals. When people (of the private sector) are taxed heavily, they have less money in their disposable income to save, spend, invest, etc. This all hurts economic growth. Ron Paul will stop this by leaving Iraq (he has more resolve about this than any other candidate), eliminating the war on drugs, eliminating homeland security, eliminating bureacratic waste. Keep in mind that he has never voted for a congressional pay raise, he returns a portion of his budget every year, he has never taken a paid junket, etc. He is a fiscally responsible and sound individual.
The costs of universal healthcare in the US are enormous...we can't afford it. but this all deserves another post.
Recently we saw another bubble pop...the subprime (before this we had the internet bubble). Instead of allowing a natural recession (which is inevitable and corrects misallocations within the economy), we have a federal reserve that arbitrarily prints money from thin air to avoid these recessions (the value of $ goes down). Basically the people on wall street get wealthier and the middle class becomes fucked...we are seeing an erosion of the middle class now.
There are real costs to unexpected or runaway inflation. These costs include a violation of the real contract (employees agree to some price for their labor, but are not actually being paid what they agreed to due to a declining dollar value) and an arbitrary redistribution of wealth/purchasing power (employers benefit because they are essentially paying less), as well as general instability or uncertainty in the economy.
I would reccomend Alan Greenspan's "GOld and Economic Freedom" to better understand how the federal reserve erodes the middle class and its wealth. http://www.usagold.com/gildedopinion/greenspan.html
Ron Paul wants to abolish the IRS and the Federal Reserve. He supports a hybrid system that pegs our currency enough to slow the infinite inflation and debasement of our currency. This isn't exactly a 'fringe' idea.
got into RP through this board. do a search for ron paul threads on there for some good debate
If you haven't already noticed, Ron Paul is the only candidate willing to acknowledge the nation's debt (over $8 trillion) and the declining value of our fiat currency.
Currently the country wastes billions of dollars on Iraq, the War on Drugs, Homeland Security, etc. The government taxes the country significantly, but still spends much more money (read wastes) on misled policies and corrupt goals. When people (of the private sector) are taxed heavily, they have less money in their disposable income to save, spend, invest, etc. This all hurts economic growth. Ron Paul will stop this by leaving Iraq (he has more resolve about this than any other candidate), eliminating the war on drugs, eliminating homeland security, eliminating bureacratic waste. Keep in mind that he has never voted for a congressional pay raise, he returns a portion of his budget every year, he has never taken a paid junket, etc. He is a fiscally responsible and sound individual.
The costs of universal healthcare in the US are enormous...we can't afford it. but this all deserves another post.
Recently we saw another bubble pop...the subprime (before this we had the internet bubble). Instead of allowing a natural recession (which is inevitable and corrects misallocations within the economy), we have a federal reserve that arbitrarily prints money from thin air to avoid these recessions (the value of $ goes down). Basically the people on wall street get wealthier and the middle class becomes fucked...we are seeing an erosion of the middle class now.
There are real costs to unexpected or runaway inflation. These costs include a violation of the real contract (employees agree to some price for their labor, but are not actually being paid what they agreed to due to a declining dollar value) and an arbitrary redistribution of wealth/purchasing power (employers benefit because they are essentially paying less), as well as general instability or uncertainty in the economy.
I would reccomend Alan Greenspan's "GOld and Economic Freedom" to better understand how the federal reserve erodes the middle class and its wealth. http://www.usagold.com/gildedopinion/greenspan.html
Ron Paul wants to abolish the IRS and the Federal Reserve. He supports a hybrid system that pegs our currency enough to slow the infinite inflation and debasement of our currency. This isn't exactly a 'fringe' idea.