Ron Paul: Trump is right....

[phill4paul]

Let heads asplode for Never Trumpers, amidst all the hand wringing Rand, Ron and Massie keep reaching out. And winning because of it..



President Trump Opens a New Window. recently laced into the Federal Reserve Opens a New Window. , stating that it “doesn’t know what it is doing" while arguing that it is "the most difficult problem" facing the United States today.

Trump’s concern over the Fed’s abilities is commendable. Despite being created to protect the U.S. dollar and prevent economic crises, under its watch, major U.S. recessions have occurred, and Americans’ buying power has declined by a full 95 percent.


Clearly, the Federal Reserve hasn’t gotten much right over its century-plus of existence, and as the first president since Ronald Reagan to do so, Trump deserves credit for shedding light on some of its shortcomings. But calling out the central bank’s failures is one thing; acting on instinct by checking its power is quite another.

Which raises the question: will Trump stop the Fed from doing even more harm to the American economy by preventing it from extending its tentacles into other parts of the U.S. financial system?

Soon, in defiance of legislation from Congress, the Federal Reserve may act on its October proposal to enter the real-time payments business – a plan that, if implemented, will be just as damaging to free market competition and the economy at large as it will be to balance of power in Washington.


Trump should work with Sen. Rand Paul, R-Ky., and Rep. Thomas Massie, R-Ky., to expedite passage of their Audit the Fed legislation should the Federal Reserve decide to disobey the will of its creator – Congress – by involving itself in real-time payments. After all, their bipartisan legislation came just seven votes shy of passing not long ago. With the Fed extending its wings even further and the president finally making good on his promise to push the bill through, it should be all but certain of arriving on his Oval Office desk for signing.

In short, President Trump is right – the Fed doesn’t know what it is doing – but it is up to him to stop it from further increasing in power. For over a century, the central bank has inadvertently caused rampant inflation, economic recessions, and even wealth inequality.

https://www.foxbusiness.com/economy/trump-is-right-the-fed-doesnt-know-what-its-doing-and-it-could-get-worse-ron-paul

[enhanced_deficit]

Of course he's right on some things and wrong on other things, RP is never shy to call out things as he sees them in both types of cases unlike many partisans in both major parties. There is no point in blanket boycotts or blind support on everything, checks n balance.



Related

Rand says Trump would be worst GOP nominee ever (http://www.ronpaulforums.com/showthread.php?483772-Rand-says-Trump-would-be-worst-GOP-nominee-ever-I-don-t-agree&)

[phill4paul]

Of course he's right on some things and wrong on other things, RP is never shy to call out things as he sees them in both types of cases unlike many partisans in both major parties. There is no point in blanket boycotts or blind support on everything, checks n balance.

But this is Ron Paul Forums. He is never wrong. Heretic. ;)

[enhanced_deficit]

I meant Trump is right on some things and wrong on other things :)

[TheTexan]

I meant Trump is right on some things and wrong on other things :)

a lot of things, actually

[Anti Federalist]

Good for Ron, I agree fully.

[TheTexan]

Good for Ron, I agree fully.

Ron is wrong sometimes, but he's definitely right about Trump being right

[Anti Federalist]

Ron is wrong sometimes, but he's definitely right about Trump being right

For the one's not acquainted with The Texan's satire let's be clear I meant:


In short, President Trump is right – the Fed doesn’t know what it is doing – but it is up to him to stop it from further increasing in power. For over a century, the central bank has inadvertently caused rampant inflation, economic recessions, and even wealth inequality.

The only thing wrong in that statement?

The Fed knows exactly what it is doing.

[Anti Globalist]

I'm in complete agreement.

[Todd]

I won't go as far as saying a Never Trumper, but I'm sure not a nut sucker fan. My heads not splodin'.

He's been right about several things. I'll praise him where he deserves it just like I will crush him when he's wrong.

So what?

Let's see what he does with Iran?

[georgiaboy]

Wow, is Donald courting my vote?

[Stratovarious]

For the one's not acquainted with The Texan's satire let's be clear I meant:



The only thing wrong in that statement?

The Fed knows exactly what it is doing.

Yea, I was going to correct that too, Fed Knows what its doing to be sure.

Trump though I'm pretty sure is just using a figure of speech; 'don't know what their doing'

[Superfluous Man]

So just because somebody isn't one of the resident Trump trolls, they're expected to have a problem with Ron saying something as bland as that Trump is right to say the Fed doesn't know what it's doing?

The overall gist of the article isn't about how Trump is right, but how he's wrong by not following his empty words to their logical conclusion of supporting a Fed audit.

[Anti Federalist]

So just because somebody isn't one of the resident Trump trolls, they're expected to have a problem with Ron saying something as bland as that Trump is right to say the Fed doesn't know what it's doing?

The overall gist of the article isn't about how Trump is right, but how he's wrong by not following his empty words to their logical conclusion of supporting a Fed audit.

I have done the exact same thing and because of it have been called damn near a communist, by you, among other people.

[UWDude]

Let's see what he does with Iran?

That's the big question, isn't it?

[Occam's Banana]

Meh. Trump could say, "The sun rises in the east" and he'd be "right" as far as that goes.

Seems to me like Ron is just saying, "Trump makes some nice-sounding noises on this issue, but actions speak louder ..."


In short, President Trump is right – the Fed doesn’t know what it is doing – but it is up to him to stop it from further increasing in power.


Trump deserves credit for shedding light on some of its shortcomings. But calling out the central bank’s failures is one thing; acting [...] is quite another.

Which raises the question: will Trump [act]?

If I had a penny for every time some politician made some nice-sounding noises about something, I'd be rich ... (even with the Fed inflating the value of pennies away ...)

To be fair, even if Trump doesn't act (and I won't be even the tiniest bit surprised if he doesn't), I guess he's at least giving a tad more "social currency" to anti-Fed sentiment, so that's not nothing. But it's not a whole lot, either ...

[kahless]

How will ZippyJuan Williams, The Count and PAF ever recover.

[Occam's Banana]

In the immortal words of Tuco ..

https://www.youtube.com/watch?v=sTcBgs2huRo

https://www.youtube.com/watch?v=sTcBgs2huRo

[Mach]

Wow, is Donald courting my vote?






https://www.youtube.com/watch?time_continue=1333&v=HdASDHJ2qAc


Wikipedia - John Birch Society

https://en.wikipedia.org/wiki/John_Birch_Society


The John Birch Society has increasingly been linked to the presidency of Donald Trump by political commentators such as Jeet Heer of The New Republic, arguing that "Trumpism" is essentially Bircherism.[11] According to Politico, Trump's former personal lawyer and early mentor Roy Cohn was deeply involved with the Society and its leaders.[73] Trump confidante and longtime advisor Roger Stone said that Trump's father Fred Trump was a financier of the Society and a personal friend of founder Robert Welch.[83] Trump's Chief of Staff Mick Mulvaney was the speaker at the John Birch Society's National Council dinner shortly before joining the Trump administration.[84] U.S. Senator Rand Paul (R-Kentucky), widely reported to be one of Trump's top advisors on foreign policy, is also tied to the John Birch Society.[85] The senator's father, former Congressman Ron Paul (R-Texas), has had a long and very close relationship with the Society, celebrating its work in his 2008 keynote speech at the John Birch Society 50th anniversary event and saying that it was leading the fight to restore freedom.[86] The keynote speaker at the group's 60th anniversary celebration was Congressman Thomas Massie (R-Kentucky.), who maintains a near-perfect score on the Society's "Freedom Index" ranking of members of Congress.[87] Right-wing conspiracy theorist Alex Jones, who hosted Trump on his Infowars radio show and claims to have a personal relationship with the president, called Trump a "John Birch Society president"[88] and previously claimed Trump was "more John Birch Society than the John Birch Society."[89]

:up:

[RonZeplin]

:warning: And now the rest of the story, Trump is on the road to a failed presidency.... Ron Paul's weekly column.

Will Persian Gulf 'Tanker War' Become a Shooting War? (http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)

..........
Iran did not back down or beg for mercy in the face of Trump’s actions, and the Europeans have at least attempted to keep the JCPOA agreement alive. And the UK following neocon orders has led the country in a serious and unnecessary crisis that does not look to be easily resolved.

How could the US administration have miscalculated so badly? Many of us could have told President Trump that the neocons always promise a “cakewalk” when they are talking up a military action. Time and time again – Iraq, Afghanistan, Libya, Syria – they promise a quick victory and deliver a quagmire.

The American people overwhelmingly do not want to go to war with Iran and the president wants to be re-elected. Will he return to the political base that elected him on promises of getting along with the rest of the world, or will he continue to follow his neocon advisors down the road to a failed presidency?

(http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/ (http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)

[Swordsmyth]

:warning: And now the rest of the story, Trump is on the road to a failed presidency.... Ron Paul's weekly column.

Will Persian Gulf 'Tanker War' Become a Shooting War? (http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)

..........
Iran did not back down or beg for mercy in the face of Trump’s actions, and the Europeans have at least attempted to keep the JCPOA agreement alive. And the UK following neocon orders has led the country in a serious and unnecessary crisis that does not look to be easily resolved.

How could the US administration have miscalculated so badly? Many of us could have told President Trump that the neocons always promise a “cakewalk” when they are talking up a military action. Time and time again – Iraq, Afghanistan, Libya, Syria – they promise a quick victory and deliver a quagmire.

The American people overwhelmingly do not want to go to war with Iran and the president wants to be re-elected. Will he return to the political base that elected him on promises of getting along with the rest of the world, or will he continue to follow his neocon advisors down the road to a failed presidency?

(http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/ (http://www.ronpaulinstitute.org/archives/featured-articles/2019/july/22/will-persian-gulf-tanker-war-become-a-shooting-war/)
There won't be a war.

I'm so sorry for you.:tears:

[r3volution 3.0]

"We libertarians criticize the healthcare system, Bernie criticizes the healthcare system, therefore Bernie's an ally" = terrible reasoning

"We libertarians criticize the Fed, Trump criticizes the Fed, therefore Trump's an ally" = equally terrible reasoning

Bernie criticizes the healthcare system because he wants more government involvement.

Trump criticizes the Fed because he wants more money printing.

Neither is an ally.

[Zippyjuan]

Would Ron Paul agree with Trump that the money supply needs lots more inflating so the President can look good? (that is the reason Trump does not currently like the Fed).

Ron has been claiming interest rates are too low. Trump says they are too high.

[Swordsmyth]

Would Ron Paul agree with Trump that the money supply needs lots more inflating so the President can look good? (that is the reason Trump does not currently like the Fed).
That's the reason Trump claims he has for not liking the Fed, it helps point out that the Fed manipulates politics.