We Are All Ron Paulians Now, John McCain
October 6th, 2008 2:42 am | by Marc Gallagher | Published in Activism, Bailouts, Big Government, Constitution, Debt, Economics, Election, Free Market, History, Individual Responsibility, Liberty, Maven Commentary, Money, Philosophy, Ron Paul, Socialism, government spending | 3 Responses
During the Russia/Georgia conflict John McCain said, “We are all Georgians now”. If McCain should win the presidency I’m curious if he will end up saying “We are all Ron Paulians now!” What would ever give John McCain the impetus to say such a thing?
Ron Paul has been predicting our economic calamity for many many years. An argument could be made that even a blind squirrel finds a nut sometimes, but Paul has been right so many times that one wonders if he has the ability to see into the future. The truth is that it is the common sense of Austrian economics that guides Ron Paul toward his prophecies.
If we enter a period of hyperinflation and the dollar continues its downward spiral it is conceivable that people will be desperate enough for true change in America rather than the chameleon style of change that both Obama and Mccain have an affinity. That true change just might be the economic policies of Ron Paul.
I have little hope for this due to the seemingly constant push for soft serve socialism from both of the major parties. We freedom lovers will likely be drowned out by the poor victims of Capitalism: People that immediately look to the government for solutions, people that love to point blame in an outward direction instead of within, people that have been culturally indoctrinated to believe that “the greater good” always trumps individual liberty and that “fair share” is actually fair. The most egregious though are those that treat failure as something to be avoided at all costs rather than something to embrace when warranted as a learning experience to better oneself for the future.
A “let them fail” policy is not something we proud Americans enjoy hearing, but how much pride will Americans have when our economy collapses like the Soviet Union at the end of the Cold War? Sometimes the politically incorrect response is the correct response. Unfortunately, for the sake of the people in this great country that response may come too little and too late.
Whether John McCain is our next President or not I pray that whomever occupies the Oval Office after January 20th, 2009 will see the economic wisdom of Ron Paul and appoint him as Treasury Secretary. Now that the bailout bill is the law of the land, resulting in the Treasury Secretary having supreme power over the economy, wouldn’t it be wise to turn the economic steering wheel over to a driver who knows when it is proper to ease up on the gas?
As the economy continues to tank it is getting more and more possible, though still extremely unlikely, that we will witness the next President shout, “We are all Ron Paulians now!” as Paul is nominated Treasury Secretary. What would Ron Paul do with his new found powers? Likely not too much other than work toward a true free market economy where the market rather than the government decides which financial institutions are permitted to fail.
Repeat after me, “It is okay to fail. That is how you learn” , and dare to dream.
Liberty Maven










October 6th, 2008 at 5:22 am (#)
I like it, as a dream.
Of course, only if Ron Paul wouldn’t have to give up his House seat.
Because the first time Ron Paul said ‘no I won’t approve a bailout from my new powers, nor print money out of thin air — you just have to go on a budget’ whomever the President is will be asking for his resignation.
Still, it may buy us a hundred billion or so before that happens.
October 6th, 2008 at 12:42 pm (#)
[...] We Are All Ron Paulians [...]
October 6th, 2008 at 2:59 pm (#)
As a Ron Paul supporter, I have a few questions. Since Ron Paul supports sound currency I suppose he would favor sound derivatives and especially sound credit default swaps if this is possible. There are now 10 times more derivatives outstanding than the total currency on this planet. They are backed up by nothing. If we fix this by letting the market take its course, business will come to a complete standstill before rebounding. The questions are:
What do we do with the outstanding derivatives?
Should there be any rules regarding derivatives?
Should they be illegal?
What is Ron Paul’s opinion?