Ron Paul for President 2012

#26
#26
I'm constantly explaining to my friends why Paul should be pres. Seems like the best Republican for the job. I don't care how smooth of a talker he is, he's honest
 
#27
#27
Sad times when honesty alone makes him a reasonable candidate. And I will give him that, I appreciate his opinion.
 
#28
#28
He will never be the GOP nominee because he is very liberal on social issues. Christian conservatives would never back him.
 
#29
#29
droski said:
Anyone wanting to get rid of the fed and go back to the gold standard is too stupid and dangerous to be president
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Just curious, but why are all of these countries stocking up on gold?

Cash-rich nations turn away from debt-ridden West | News | Fundweb

RBI's timely gold purchase results in huge $3.78 billion gain - Moneylife Personal Finance site and magazine

South Korea bolsters gold reserves - FT.com

China to Overtake India as World's Biggest Gold Consuming Nation
 
#30
#30
trevols81 said:
He will never be the GOP nominee because he is very liberal on social issues. Christian conservatives would never back him.
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Even though he's very Christian...

The conservative Christians want that jerk-off Rick Perry.
 
#31
#31
droski said:
Anyone wanting to get rid of the fed and go back to the gold standard is too stupid and dangerous to be president
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#32
#32
#33
#33
I just can't believe anybody can watch us utilize the Federal Reserve to bankrupt our country and inflate our economy and think that a gold standard is dangerous. $14 trillion and counting. Each American took on $7K in debt this week...but a gold standard is dangerous.
 
#34
#34
I'm already working on passing my debt off to my kids, so, I'm straight for this year.
 
#38
#38
nbakerld said:
I just can't believe anybody can watch us utilize the Federal Reserve to bankrupt our country and inflate our economy and think that a gold standard is dangerous. $14 trillion and counting. Each American took on $7K in debt this week...but a gold standard is dangerous.
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Gold standard is absolute stupidity. This isn't 1950. The fed is the best invention by the us govt in history. And im not sure how going to the gold standard all of a sudden solves our debt issues.
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#39
#39
Rasputin_Vol said:
Could you go into a tad bit more detail than that?
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Govts have bought overpricred assets for centuries. I've never understood this theory that if china does it that means they know something everyone else doesn't. They've wasted billions before. Not sure when they became financial geniuses
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#40
#40
droski said:
Gold standard is absolute stupidity. This isn't 1950. The fed is the best invention by the us govt in history. And im not sure how going to the gold standard all of a sudden solves our debt issues.
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Justify this.

And please tell me what makes a gold standard more stupid and dangerous than a system that has allowed us to accumulate this unbelievable amount of debt. We are destroying the future to pay for our wars and entitlements. All you say is this isn't 1950. That's not an argument.
 
#41
#41
nbakerld said:
Justify this.

And please tell me what makes a gold standard more stupid and dangerous than a system that has allowed us to accumulate this unbelievable amount of debt. We are destroying the future to pay for our wars and entitlements. All you say is this isn't 1950. That's not an argument.
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The ability to manipulate interest rates and borrow is essential to a modern economy. Eliminating that puts the country at a massive economic risk to a depression. We would be a third world power without it. You are asking to send the country back to the industrial age. Is the debt a problem? Of course. But what you suggest is like a fisherman owing you money and you take his boat thinking that will help him pay you back. It's idiocy and simplistic thinking. The economy is way too big and sophisticated to currently be on the gold standard. And why in the world would we tie our currency to an asset that has no real worth and fluctuates wildly?
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#42
#42
droski said:
Govts have bought overpricred assets for centuries. I've never understood this theory that if china does it that means they know something everyone else doesn't. They've wasted billions before. Not sure when they became financial geniuses
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It's not just China, though.
 
#43
#43
droski said:
The ability to manipulate interest rates and borrow is essential to a modern economy. Eliminating that puts the country at a massive economic risk to a depression.
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And I guess I am having a hard time understanding how this same gov't can be trusted to "manipulate" interest rates and borrow, but can't be trusted to buy commodities?

I mean, I'm not snapping at you, I'm really wanting you to explain your stance so that I can learn something.
 
#45
#45
trevols81 said:
He will never be the GOP nominee because he is very liberal on social issues. Christian conservatives would never back him.
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I have a secret hope that in the near future, candidates won't have to pander to the base in order to win.
 
#47
#47
droski said:
The ability to manipulate interest rates and borrow is essential to a modern economy. Eliminating that puts the country at a massive economic risk to a depression. We would be a third world power without it. You are asking to send the country back to the industrial age. Is the debt a problem? Of course. But what you suggest is like a fisherman owing you money and you take his boat thinking that will help him pay you back. It's idiocy and simplistic thinking. The economy is way too big and sophisticated to currently be on the gold standard. And why in the world would we tie our currency to an asset that has no real worth and fluctuates wildly?
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How so? I would say the ability to manipulate interest rates creates booms and busts which makes us more likely to have depressions. Manipulating interest rates to create fake growth only ensures that we come back down in the future in the form of recessions and depressions.

Because if you do, you eliminate booms and busts and you eliminate the ability to get into $14 trillion in debt.
 
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