Humodour Posted April 16, 2012 Posted April 16, 2012 What makes you think Paul is "extreme"? A few things: 1) He is a hard-core economic libertarian. The beliefs of economic libertarians often run contrary to how modern humans like society to work, with things like environmental regulations, public healthcare, public education, public funding for universities as well as government subsidy of university fees, government intervention in and/or control of natural monopolies, etc. 2) He doesn't believe in even small budget defecits. Although in a country like America this is probably a good thing, considering Americans both private and public don't have a ****ing clue how to handle money or be fiscally responsible. 3) He likes to make abortion a political football, as so many US politicians do - the criminalisation and stigma surrounding abortion hurts young people and changes lives for the worse. 4) He advocates the outright removal of many important government agencies. This point is short and I haven't gone into detail, but it's not difficult to imagine the deleterious consequences, especially since one of the agencies he advocates eliminating is the agency for environmental oversight. 5) He is homophobic. But that doesn't matter too much because he seems capable of not letting it interfere with his core ideology of support for indivudal rights. 6) He would ideally like to abolish any public funding of education (and public schools along with it). I do not believe that children's educations should be left entirely up to the market. The market ****s up. Complex systems correct themselves and go through cycles, that's just how the maths works. Removing any trace of government intervention won't change that, and in an industry like education, that means when the market messes up, children's lives are impaired. In fact, Ron Paul goes so far as to claim that "education is not a right". That puts me and him fundamentally at odds and makes him somebody I could never vote for (were there an equivalent politician in Australia). 7) He claims global warming is not an important problem. Typical Republican stance, really. Although curiously he's so far managed to avoid claiming global warming isn't happening. I think. There's more, but I think those points cover enough for now. I must admit, however, that reading up on him further has made me dislike him a little less: he doesn't endorse a return to the gold standard, he voted against the war in Iraq, he is wary of inflation, he opposes the death penalty, he opposes the stupid war on drugs, he advocates seperation of marriage from government involvement entirely (thus solving the current cruel situation of same-sex marriages being illegal), Basically, just because Ron Paul is sufficiently different to the usual Republican dregs does not make him worth our time, although it is nice to have some fresh ideas in US politics for once.
Drowsy Emperor Posted April 16, 2012 Posted April 16, 2012 As to this myth about Obama making up with the Russians, Chinese etc. - its ridiculous and superficial. Just because he shows a friendly face doesn't mean the CIA and the rest of them aren't doing their regular jobs on US world domination. Besides, most of the supply convoys for NATO's troops in Afghanistan go through Russia. Resuming hostilities with the country that's helping feed your troops seems kinda stupid. Not even Bush would fall for that one. И погибе Српски кнез Лазаре,И његова сва изгибе војска, Седамдесет и седам иљада;Све је свето и честито билоИ миломе Богу приступачно.
Calax Posted April 16, 2012 Posted April 16, 2012 Paul is the hard line small government. He wants things trimmed back to basically "regulating interstate commerce and defending the nation" for the feds, while the states each handle everything else. And he wants to go to a Gold standard again.... meaning that every dollar would have at least some amount of gold backing it, which would be a minor disaster. Victor of the 5 year fan fic competition! Kevin Butler will awesome your face off.
Gfted1 Posted April 16, 2012 Posted April 16, 2012 I must admit, however, that reading up on him further has made me dislike him a little less: he doesn't endorse a return to the gold standard... And he wants to go to a Gold standard again.... meaning that every dollar would have at least some amount of gold backing it, which would be a minor disaster. "I'm your biggest fan, Ill follow you until you love me, Papa"
Oblarg Posted April 16, 2012 Posted April 16, 2012 From Paul's website; Eventually, if we "The universe is a yawning chasm, filled with emptiness and the puerile meanderings of sentience..." - Ulyaoth "It is all that is left unsaid upon which tragedies are built." - Kreia "I thought this forum was for Speculation & Discussion, not Speculation & Calling People Trolls." - lord of flies
Gorgon Posted April 16, 2012 Posted April 16, 2012 I think the idea is that if you have a gold standard you can't jack up the value of the dollar based solely on the confidence of the financial markets. It would offer a measure of protection, while completely negating the positive value added effect. It's like pretending monetary policy doesn't exist, which would be in tune with his dislike of the federal reserve. Na na na na na na ... greg358 from Darksouls 3 PVP is a CHEATER. That is all.
Rosbjerg Posted April 16, 2012 Posted April 16, 2012 This is idiotic, and anyone with a rudimentary understanding of economics knows it. The fed ensures that inflation occurs at a steady, predictable rate. A gold standard would result in massive deflation, instantly. But the fractional reserve system they put in place when the removed the gold standard is one of the main reasons why banks have become so horribly powerful - I'm not sure where I stand on this issue, but the current system won't work in the long run, money supply (and thereby debt) is growing exponentially.. It was a idea that worked great when we thought resources were practically infinite, they aren't and a continual growth spurred on by this monetary system will be disastrous in the long run. 1 Fortune favors the bald.
Hurlshort Posted April 16, 2012 Author Posted April 16, 2012 I also don't think Ron Paul is pushing for an immediate switch or anything.
Zoraptor Posted April 16, 2012 Posted April 16, 2012 The currency is not backed by anything, so they can do pretty much what they want. It does have backing, of a sort- it's the global reserve currency, so it's in effect backed by every other currency on earth. Which is precisely why they can get away with a lot more than other currencies with regard to 'quantitative easing' (printing money)- so much stuff is US denominated that dropping its worth too much stuffs everyone else up.
Oblarg Posted April 16, 2012 Posted April 16, 2012 Fractional reserve banking works fine - there's no compelling evidence that it's the cause of our recent economic problems (I think the utter lack of governmental oversight is a big problem there, and Paul certainly won't fix that). "The universe is a yawning chasm, filled with emptiness and the puerile meanderings of sentience..." - Ulyaoth "It is all that is left unsaid upon which tragedies are built." - Kreia "I thought this forum was for Speculation & Discussion, not Speculation & Calling People Trolls." - lord of flies
Calax Posted April 16, 2012 Posted April 16, 2012 I also don't think Ron Paul is pushing for an immediate switch or anything. Not really... but he would eliminate many of the departments that are currently a part of the USA... including the Fed. That would cause SOMETHING to happen right damn quick. The issue right now is that the banks are just to big, and need to be cut down. Victor of the 5 year fan fic competition! Kevin Butler will awesome your face off.
Meshugger Posted April 24, 2012 Posted April 24, 2012 Ron Paul wins Minnesota and....Iowa? http://www.youtube.com/watch?v=EfS1x5RnZZQ 2 "Some men see things as they are and say why?""I dream things that never were and say why not?"- George Bernard Shaw"Hope in reality is the worst of all evils because it prolongs the torments of man."- Friedrich Nietzsche "The amount of energy necessary to refute bull**** is an order of magnitude bigger than to produce it." - Some guy
Calax Posted April 24, 2012 Posted April 24, 2012 So basically while Mitty is winning (officially) all of the races, there's a suggestion that Ron Paul might be able to sneak enough delegates under the wire to get a fighting chance at the nomination. Victor of the 5 year fan fic competition! Kevin Butler will awesome your face off.
Walsingham Posted April 24, 2012 Posted April 24, 2012 The notion that the Founding Fathers have an authoritative view on economics when high tech was barely even at the steam engine in their day, and communication consisted of a man in a three cornered hat riding a horse as fast as possible until it got tired... I can't even begin to... You might just as well argue that healthcare should consist of drinking as much wine as possible and falling down in a brothel. 3 "It wasn't lies. It was just... bull****"." -Elwood Blues tarna's dead; processing... complete. Disappointed by Universe. RIP Hades/Sand/etc. Here's hoping your next alt has a harp.
Nepenthe Posted April 25, 2012 Posted April 25, 2012 (edited) The notion that the Founding Fathers have an authoritative view on economics when high tech was barely even at the steam engine in their day, and communication consisted of a man in a three cornered hat riding a horse as fast as possible until it got tired... I can't even begin to... You might just as well argue that healthcare should consist of drinking as much wine as possible and falling down in a brothel. When I become the next king of Sealand (or similar), you're hired as the minister of health and social affairs. Edited April 25, 2012 by Nepenthe You're a cheery wee bugger, Nep. Have I ever said that? Reapercussions
HoonDing Posted April 25, 2012 Posted April 25, 2012 You might just as well argue that healthcare should consist of drinking as much wine as possible and falling down in a brothel. That would at least beat the current American healthcare system. 2 The ending of the words is ALMSIVI.
Walsingham Posted April 25, 2012 Posted April 25, 2012 OK I really should have foreseen the members' positive response to 18th century medicine. "It wasn't lies. It was just... bull****"." -Elwood Blues tarna's dead; processing... complete. Disappointed by Universe. RIP Hades/Sand/etc. Here's hoping your next alt has a harp.
Gorgon Posted April 25, 2012 Posted April 25, 2012 I learned today that the total ammount of gold mined, ever, is less than the m^3 of two olympic swimming pools. That's a lot of gold, and not that much ether. Na na na na na na ... greg358 from Darksouls 3 PVP is a CHEATER. That is all.
Wrath of Dagon Posted April 27, 2012 Posted April 27, 2012 Where they went wrong was giving the Fed the mandate to fight unemployment, as well as inflation. Monetary policy is not the proper way to fight unemployment, except in a crisis. 1 "Moral indignation is a standard strategy for endowing the idiot with dignity." Marshall McLuhan
Walsingham Posted April 27, 2012 Posted April 27, 2012 I learned today that the total ammount of gold mined, ever, is less than the m^3 of two olympic swimming pools. That's a lot of gold, and not that much ether. That really doesn't sound very likely. I'm pretty sure my racial memory has a line or two covering my ancestors hoofing it with massive ships full of gold from Africa. And giggling. "It wasn't lies. It was just... bull****"." -Elwood Blues tarna's dead; processing... complete. Disappointed by Universe. RIP Hades/Sand/etc. Here's hoping your next alt has a harp.
Gorth Posted April 27, 2012 Posted April 27, 2012 Not to mention all those tonnes of gold (and silver) on the sea bottom, courtesy various entrepreneurs, some with letters of marque, some without “He who joyfully marches to music in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would surely suffice.” - Albert Einstein
Humodour Posted April 27, 2012 Posted April 27, 2012 In fact, one of the HUGE problems with using gold as a standard is that anybody who can mine it becomes rich, and moreover, anybody who can mine it can permanently increase the money supply (and thus the problem of inflation remains). Frankly, I'd rather that power remain with the government, who I can at least elect and throw out. Don't get me wrong - my country would become the richest in the world, but that doesn't make it a smart idea. Gold has little more intrinsic worth than paper, aside form reasonably inexpensive uses in electronics and medicine. Ooooh, shiny! So what - that doesn't make it a good currency.
Calax Posted April 27, 2012 Posted April 27, 2012 In fact, one of the HUGE problems with using gold as a standard is that anybody who can mine it becomes rich, and moreover, anybody who can mine it can permanently increase the money supply (and thus the problem of inflation remains). Frankly, I'd rather that power remain with the government, who I can at least elect and throw out. Don't get me wrong - my country would become the richest in the world, but that doesn't make it a smart idea. Gold has little more intrinsic worth than paper, aside form reasonably inexpensive uses in electronics and medicine. Ooooh, shiny! So what - that doesn't make it a good currency. You forget the fact that Gold is a non-renewable resources... so the money supply is limited to how much is coming out of the ground at any time. That's one of the reasons that the advent of credit in the early modern period was so important, nations were no longer beholden to their supply of gold to buy and sell things and the currency could grow far beyond what it used to. Victor of the 5 year fan fic competition! Kevin Butler will awesome your face off.
HoonDing Posted April 27, 2012 Posted April 27, 2012 Not to mention all those tonnes of gold (and silver) on the sea bottom, courtesy various entrepreneurs, some with letters of marque, some without The ending of the words is ALMSIVI.
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