Ron Paul 2012 Containment Thread

[BornToPun]

Originally Posted by Spladle

I think you've badly misrepresented his lack of desire to discuss the issue. He simply thinks it's beneath him to even address it. Did you not watch the interview you're citing[/URL] (password: 2012)

This is entirely possible; I did not watch the video.

FTR I am a hooge fan of RP, I merely found this to be a curious aberration.

Originally Posted by Spladle

Ron Paul: I have no idea if there's anything to it. It doesn't interest me.[/URL] (password: 2012)

This is my stance on the birthing, and I'm glad to see RP say it as well.

[Spladle]

Originally Posted by ColbertFan

Why does the Fed have to own enough gold?

...because that's what a (gold/silver/whatever) standard is. The bank printing/producing currency fixes the value of that currency in terms of (gold/silver/whatever) such that it can afford to "purchase" every unit of currency in circulation with the (gold/silver/whatever) it has in its vaults. Very basic stuff here.

Originally Posted by ColbertFan

That should only matter if you start inflating the dollar such that people feel the need to get rid of their money and get gold.

The idea behind a (gold/silver/whatever) standard is that adhering to it makes inflating (printing) the currency impossible, because to do so would render the bank insolvent and subject to bankruptcy/default in the event of a bank run. However, a promise to adhere to a (gold/silver/whatever) standard is only as good as the bank making it. Still, any effort to inflate/print the currency can be snuffed out by many people simultaneously demanding to trade their currency for (gold/silver/whatever). And this in fact did happen many times in the 1800s.

Originally Posted by ColbertFan

Do you think that banks have all the money on hand that people have deposited with them all the time?

Of course not. That is thanks to a practice known as fractional reserve banking. Many fans of the Austrian school (Ron Paul among them) consider frb to be a form of fraud. Whether this is actually the case depends (imo) on whether the bank makes its lack of reserves known to investors. Point is though that the faithful implementation of a (gold/silver/whatever) standard basically brings an end to this practice.

[Spladle]

Originally Posted by BornToPun

This is entirely possible; I did not watch the video.

FTR I am a hooge fan of RP, I merely found this to be a curious aberration.



This is my stance on the birthing, and I'm glad to see RP say it as well.

Here is a link to the interview in question: Ron Paul on Hardball 04/19/11

[Case Closed]

Originally Posted by meekrab

Complete economic collapse. Between the fact that he wants to go back to the gold standard (requires devaluing the **** out of the dollar unless we pull trillions of dollars worth of gold out of our asses), end the Federal reserve (destroying fractional banking/credit liquidity), cut the size of the military drastically (making unemployment even worse). There's absolutely no way to do all that at once without destroying the economy. Granted, the nation that would emerge from all those changes 20 years down the line would likely be stronger and more robust than the US currently is, but I don't want to spend my late 20s and early 30s in a third world country.

Ron Paul has stated that he does not plan on doing everything on day one. For one, he would not have the power to do all of what he wants to do even if he had a republican majority and two terms. Second, he said that he would do his best to enact his plan in a way that is slow and deliberate enough to try and mitigate the consequences rocking the boat in the way he plans to.

[Borodog]

Also, Ron Paul does not officially advocate a gold standard, except in as much as it would be better than the current situation. He thinks legal tender laws should be abolished and that people should transact in whatever currency they choose, which he thinks (rightly imo) would likely end up being gold and/or silver.

[Spladle]

why are people still responding to posts that i have already obliterated, i don't understand

[Borodog]

Cause nobody actually reads the whole thread. Too many words words words.

[sterlinguini]

Originally Posted by Spladle

Here is a link to the interview in question: Ron Paul on Hardball 04/19/11

Great interview, thanks.

[sterlinguini]

The question I keep going over is how to convince Ron Paul to team up with progressives like Bernie Sanders and Alan Grayson to form a third political party that would actually have a chance of winning.

[TomVeil]

He won't do that because they have no chance of winning. The election laws are so skewed against 3rd party runs. Besides, if they were a 3rd party, they wouldn't be allowed into debates, which is about all RP will be able to do. Take away the R and he has no bigger platform to get his message out than he does today.

[sterlinguini]

I'd like to think that these guys would have a chance - disillusionment is at an all time high and the internet is a powerful tool for grassroots mobilization. In addition these guys have all waged and won campaigns before, have staff in place for just that sort of thing, a huge base of supporters already... if these guys can't form a new political party capable of winning then no one can, and that's really sad news for America.

The debates issue is brutal but luckily we live in a time of youtube and social media ubiquitousness. Pay for some t.v. spots on the side and voila. Peaceful revolution of our two party system.

[TomVeil]

Yes but the big two are the ones making the laws. Just look up what happened after Perot, the last 3rd party to have a chance.

[BornToPun]

Yea, what TV said is spot on.

[JesseS]

Originally Posted by [Phill]

Trump and Bachmann ticket

could trump fire his vp?

[TVMH]

Originally Posted by bonsaltron

Ron Paul / Denis Kucinich would be such a sick bi-partisan ticket

I'd really, really get behind that, Kucinich is probably my favorite Democrat behind Mike Gravel

edit: though I think Gravel left the Democratic party iirc

Gravel switched to the Libertarian party and tried to get their nomination for president, eventually losing to Bob Barr.