I Really Respect Paul.

By Daniel at 22 January, 2010, 3:06 pm


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He has a belief that I think is based on an actual intellectual argument, and not biased by some lobbying groups. I don’t, however, agree with everything that he believes in doing.

He is right, you know, when he speaks about the “free market” not being truly free! Where he is wrong however, is that it NEVER has been, hardly ever, in the history of this country…! The reason goes back to human nature and the nature of electing our own government. The market has never been “free” of special interests getting what they want in Regs. from the gov. Just look at refineries. The labor/work outlook for Americans picks up when they get a government grant for new expansion ( –is this the “economic stimulus”–). These companies nowadays will hold off on new projects that would mean work for new employees, until they get some of that “free money” from the government to start the projects, or “for the good of the country”, is governments argument. In actuality, they are doing nothing more than interfering w/ truly “free” markets, and thus picking winners among corporations, which has lead us to ever larger companies that are “too big to fail”! What a joke!

In this way, Mr. Paul is exactly right !

Where he is wrong, however, is in his assumption that the market has EVER been “free”, because logic dictates that it can’t have ever been. We talk to our interest groups and elected officials, to get them to represent OUR interests, like jobs, factories, coal, oil, banks, whatever……..and the result is that they ( the people we yell and scream at ) try to get “THINGS” from the GENERAL COLLECTIVE, or U.S. Gov., to support our interests. The results will ALWAYS be Biased. That is just simply the only Logical conclusion. So, Ron Paul is wrong here. BECAUSE we ARE the GOV., and we are imperfect and non-analytical as a whole/groups, then it can ONLY follow that we will inevitably skew things in favor of one viewpoint or the other, based sometimes on feelings and emotions rather than cold, hard logic. —Also, can you imagine how much chaos would ensue if we were to try and put the genie back in the bottle now, and all at once! Yes, our money is devalued, but we can’t all have gold, and there isn’t enough to even come close to covering our paper. If that “devaluation” was felt all at once, you would truly see a Depression the likes of which would probably end our sovereignty! Has anyone ever considered that Gold is only worth what it is because it has intrinsic value and broad appeal. Doesn’t a horse or computer have the same thing? Paper, well no? We can’t eat paper like we can gold. It doesn’t conduct heat and electricity, is highly flamable, BUT it IS easy to carry. You can’t jam a bar of gold into a pop machine, nor would you want to carry it around with you all day in lieu of such an act! So, it does in fact have at least some intrinsic value

With all that gibberish being said, I think Ron Paul has substance, and makes valid, if imperfect, arguments concerning our banking system and i must agree that the FED acts too much in accordance w/business and manipulates markets while portraying the front that they are not there to do that! The problem w/the FED is that they don’t operate independently enough from the hands of our elected government, and have become a tool that government uses. By doing this, they have become less logical and more interest driven. Ron Paul is Right about that! They are our best friend and biggest enemy all at the same time. They save us by printing money, but at the same time kill us by printing more money, making the “bubble” of debt grow.

How do we fix this?

Simple. Many people know the answer to this, if they would just use common sense, simple logic. We NEED regulation, but SIMPLE, STRICT, UNWAVERING, UNFORGIVING, ENDURING RULES AND REGULATIONS on money and financials. If you have a very simple, but very fair and strict playing field, then you achieve the most “FREE” market situation possible! It will never be truly free, but this seems to me to be our only option! This business of Gov. economic stimulus/ stimulating hiring and such has actually pushed business into the idea of only hiring men when they get free money to do so. The multi-nationals are waiting for handouts to implement what they should be regulated to do all along, as the cost of doing business and making profits in a fair market. Environmental pollution is the best example of this. Time and time again they wait for free money to do things that they should be forced to do by gov. regs., for the safety of the people! But they will never submit to this without criminal penalty and STRICT ( but simple ) REGULATIONS!

That’s just my 2 cents.

- Danny


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