Previous comments notwithstanding, I actually believe that Ron Paul is a stand-up guy who says what he sees as the truth--and won't change what he says because of a poll. I could really get behind him if he would just embrace a rational, twenty-first century fiscal policy.

Wow, they actually gave him time to speak?! What the fuck is a clock?!

>> ^Boise_Lib:

Previous comments notwithstanding, I actually believe that Ron Paul is a stand-up guy who says what he sees as the truth--and won't change what he says because of a poll. I could really get behind him if he would just embrace a rational, twenty-first century fiscal policy.


Problem Boise, who has had a sound fiscal policy?

We have how much in debt, 20 trillion? 30? 50? I don't know because they have hidden debt so well that it scares the fuck out of me. The fed could borrow and loan unlimited amounts, which is part of what we would owe...not to mention liabilities and such... Plus rotten infrastructure, half-assed programs that accomplish little, and so much more...

Is RP's policies worse than what has happened? I doubt it... But we will elect the same guys, just with different faces, who do this every time; because we vote on platform, not on actual people.

Here is a saying I made the other day while daydreaming about becoming a tyrant, I mean Congressman. "If you vote for an honest man you won't get everything you want. But if you vote for a liar you get what you deserve."

What will he do on Day One...

Besides being assassinated?

The US's debt is only about 80% of GDP, I say only because Japan's is 200%. The fact of the matter is, even if the US does nothing, being the reserve currency and the most widely used currency for transactions means that yields on bonds are unlikely to spike so much as gradually creep up if nothing is done. It is going to cause an apocalypse tomorrow or even in 2 years time, but it will continue to hurt the economy more and more until something is done about it.

What's needed is a commitment now to moderate reduction in discrentionary/compulsory spending and moderate increases in taxes that will kick in 3 maybe 6 years down the track. It undoubtedly should be reduced in the long term but in the short term what the economy needs is fiscal stimulus.

The spending needed particularly right now is investment in retraining of workers to needed roles or subsidising apprenticeships/on the job training, because fact is the GFC created masses amounts of structural unemployment, people who with their skills, do not have the capacity to enter available employment. Infrastructure and R&D would also help to prop up a bearish economy.

The economy may return to growth with continued austerity but the cost would be an increase in the permanently unemployed as it has been clearly shown that substantial portions of people who stay unemployed for prolonged periods of time essentially become unemployable.

http://swampland.time.com/2011/08/29/ben-bernanke-embraces-obamas-reality-based-presidency/

This isn't a particularly good article but read the lines that he quotes from Bernanke. This is a concise, frank and objective opinion by an individual not bound to populist dogma or partisan slogans.

>> ^Lawdeedaw:

>> ^Boise_Lib:
Previous comments notwithstanding, I actually believe that Ron Paul is a stand-up guy who says what he sees as the truth--and won't change what he says because of a poll. I could really get behind him if he would just embrace a rational, twenty-first century fiscal policy.

Problem Boise, who has had a sound fiscal policy?
We have how much in debt, 20 trillion? 30? 50? I don't know because they have hidden debt so well that it scares the fuck out of me. The fed could borrow and loan unlimited amounts, which is part of what we would owe...not to mention liabilities and such... Plus rotten infrastructure, half-assed programs that accomplish little, and so much more...
Is RP's policies worse than what has happened? I doubt it... But we will elect the same guys, just with different faces, who do this every time; because we vote on platform, not on actual people.
Here is a saying I made the other day while daydreaming about becoming a tyrant, I mean Congressman. "If you vote for an honest man you won't get everything you want. But if you vote for a liar you get what you deserve."

Tags for this video have been changed from 'ron paul, 2012, president, eletion, r3volution, potus, president' to 'ron paul, 2012, president, election, r3volution, potus, president, unemployment, iran' - edited by xxovercastxx