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Dr. Ron Paul - The People Choice?

luchog said:
This is, IMO, one of the biggest mistakes the LP is making. They shouldn't be wasting so many resources on a presidential campaign; but should work much harder on a local-government grass-roots system and start putting their people in power on the local level first. Once they have a solid base, then they can start pushing for the pinnacle.
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They already are doing this. They have won dozens of races for dog-catcher and county water commissioner. Usually for towns with populations of a few hundred. And generally in uncontested elections - i.e., no one else wanted the job.
 
billydkid said:
You ever notice that Scrut never actually presents any counter arguments to libertarian positions and, in fact, never engages in any debate at all in terms of libertarian ideas? It is always something about them being "looney" or the equivalent. Somehow that is sufficient to constitute point of view in his eyes. He is somehow obsessed with their insignificance. How they can be so insignificant and yet be worthy of his fascination and special wrath is beyond me. I don't know, if something means nothing to me I don't make it my special mission to jump on it every time it comes up as a topic. Just try arguing or debating any particular libertarian idea with him and see if anything comes back but him parroting himself about libertarians being loony or how they get 0% of the vote or maybe, if you're really lucky, you'll get that hilariously clever laughing dog.
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The OP asked how we felt about Ron Paul. I posted my opinion of him.

He presented no argument in the OP; ergo, there is no argument for me to counter.

Try to keep up.
 
vexed said:
Why is that? Gold ensures our 'paper' has value.
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Can I have your worthless paper? You know that green stuff that the federal reserve issues.

Oakheart said:
That's right
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I'd like yours too.
Oakheart said:
and our continuing trend away form it raises inflation as our dollar continues to fall against other currency. The massive debt and trade deficits also sets the value of our dollar (market value). I doubt that when elected Dr. Paul will be able to return us to the gold standard but he might be able to close the gap a bit.
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You don't really know cery much about how curencies, inflation or related phenomena work, right?

1) There is no trend away form the gold standard, it's gone.

2) Inflation and exchange rates are different things.

3) The currencies that the dollar drop against are also fiat currencies.

4) Having a fiat currency has no relation to having deficits and trade deficits.

5) The countries that you have trade deficits versus also have fiat currencies.

6) No Ron Paul can't close the "gap", there is no "gap". Either he'll restore the gold standard or he won't. How exactly would a compromise solution work? A silver standard? Gold lining on the dollar bills?


Other fun facts about economics.

1) Simply locking the dollar value to a given amount of gold would lead to deflation.

2) Deflation is bad.

3) Standard measures of inflation overstates actual inflation.

4) On a related note; standard measures of deficit overstates actual deficits.
 
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billydkid said:
The GOP debate in Iowa drew 600 people. The Ron Paul rally at the same venue at the same time drew over 1000. The media ignored it. You will be hearing more from Ron Paul in the up coming months. It is early and despite the pundits and naysayers there is a ground swell developing.
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Was Ron Paul denied participation in the GOP debate in Iowa? Can you provide details or links?

I now see post #68, thanks.
 
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Kerberos said:
Can I have your worthless paper? You know that green stuff that the federal reserve issues.


I'd like yours too.


You don't really know cery much about how curencies, inflation or related phenomena work, right?

1) There is no trend away form the gold standard, it's gone.

2) Inflation and exchange rates are different things.

3) The currencies that the dollar drop against are also fiat currencies.

4) Having a fiat currency has no relation to having deficits and trade deficits.

5) The countries that you have trade deficits versus also have fiat currencies.

6) No Ron Paul can't close the "gap", there is no "gap". Either he'll restore the gold standard or he won't. How exactly would a compromise solution work? A silver standard? Gold lining on the dollar bills?


Other fun facts about economics.

1) Simply locking the dollar value to a given amount of gold would lead to deflation.

2) Deflation is bad.

3) Standard measures of inflation overstates actual inflation.

4) On a related note; standard measures of deficit overstates actual deficits.
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So since you are an economist explain this to me.

Why do we keep a gold reserve at Fort Knox KY?

How is it that when the government prints more money this does not effect inflation?

Can the fed control inflation with interest rates? IF so how come inflation continues to rise?

And lastly if the trade deficits have nothing to do with the value of our currency then how come our currency continues to fall against the currency of the countries with which our trade deficients are the highest?

Peace
G
 
Oh and I will trade you my worthless paper as you call it dollar for pound if you like.
 
The Central Scrutinizer said:
Even if they run someone, they can't be taken seriously as a party.

See: Badnarik, 2004
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I know for a fact that there are more independent voters then repubs and Demos put together I also know that less then 20% of the eligible voters actually vote for the person who becomes our president. I also know that Badnarik received up to 10% of the votes in 2004. Which as you know was more than enough to swing the election either way. We have heard your thoughts on Dr. Paul although you never really said why except you don't feel he can win. Can you tell about the candidate you are supporting and why? I try to vote for the one who stands most closely aligned with my view of the issues that are important to me.

G
 
jsiv said:
Most of the world left the gold standard eons ago. Why are people so obessed with it again all of a sudden?

It's borderline conspiracy stuff.

Get over it.


Paul seems to be doing well though.
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honesty though I agree and I doubt much will come of it. The biggest reason is that the value of gold is so flexible. No one here has mentioned that but it is the crux of the real argument against the standard. However we do keep a gold reserve which is what give our money its value in theory. Also our debt to asset ratio which we all know is getting worse and worse. If all our debts were called in we would be ruined. So what are the other candidates proposing? A balanced budget? I haven't heard any of them even attempting to solve this problem.
 
Oakheart said:
However we do keep a gold reserve which is what give our money its value in theory.
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We (Norway) sold off all our gold.

You'll see what a smart move it was when someone manages to synthesize gold.
 
jsiv said:
We (Norway) sold off all our gold.

You'll see what a smart move it was when someone manages to synthesize gold.
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How did that effect your currency? What does your country keep in reserve? Goods and services are fine as long as you can sell them. I can see that working in good times but in time of depression?

G
 
jsiv said:
Most of the world left the gold standard eons ago. Why are people so obessed with it again all of a sudden?

It's borderline conspiracy stuff.

Get over it.


Paul seems to be doing well though.
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I looked at the gallup poll you posted please remember that the majority of Dr. Paul's supporters are younger and do not have land line phones that are what gallup uses to run their surveys. I do agree that he has a long way to go.
 
Oakheart said:
How did that effect your currency?
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Well, like most, it was initially pegged against the US dollar after we left the gold standard.

Oakheart said:
What does your country keep in reserve? Goods and services are fine as long as you can sell them. I can see that working in good times but in time of depression?
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Primarily foreign exchange reserves.
 
jsiv said:
Well, like most, it was initially pegged against the US dollar after we left the gold standard.


Primarily foreign exchange reserves.
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Humm I see. Well I suppose that would work Sell off all the gold and buy other peoples money. Especially if you bought a little bit from everyone it should work out fine.
 
Oakheart said:
So since you are an economist explain this to me.
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I'm not an economist. I'm studying political science and took a couple of economy classes,

Oakheart said:
Why do we keep a gold reserve at Fort Knox KY?
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No clue.

Oakheart said:
How is it that when the government prints more money this does not effect inflation?
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It does. More money printed means more inflation, though the relation is not totally simple. The fact that the economy is usually growing means that for a fixed money supply we'd get deflation (which is what would likely happen with a commodity currency since the gold supply would probably not increase by itself). Also the fractional reserve system means that the money supply increases by significantly more than a dollar for each dollar printed.

Oakheart said:
Can the fed control inflation with interest rates? IF so how come inflation continues to rise?
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I think they can, at least somewhat. As for the inflation I assume you mean that there continues to be inflation rather than that it continues to rise. Well there are several reasons for that. First of all as I said actual inflation is lower than official inflation. Secondly while the costs of moderate inflation is small (and I'm told some economists think that it's actually a good thing to have a small amount of inflation) the cost of deflation are significantly higher, and since you can't control how high the inflation is totally exactly, you want to keep a small safety margin.

Oakheart said:
And lastly if the trade deficits have nothing to do with the value of our currency then how come our currency continues to fall against the currency of the countries with which our trade deficients are the highest?
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That wasn't what I said, I said that having a fiat currency had nothing to do with having deficits and trade imbalances, that's something quite different.
Oakheart said:
Peace
G
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Peace (and sorry for being glib, it's one of my numerous character flaws).
 
The Moonbats Peoples choice is holding steady at 0%



Republicans.

Giuliani has the support of 30% of "Republicans and Republican leaners," vs. 28% a month ago; Thompson comes in with 20%, vs. 19% in June; McCain has 16%, vs. 18% a month earlier.

Former Massachusetts governor Mitt Romney remains in fourth, at 9% vs. 7% in June.

The current numbers for the rest of the Republicans included in the survey: Former House speaker Newt Gingrich, 6%; former Arkansas governor Mike Huckabee, 2%; Rep. Duncan Hunter, 2%; Rep. Tom Tancredo, 2%; Sen. Sam Brownback, 1%; Sen. Chuck Hagel, 1%; former Wisconsin governor Tommy Thompson, 1%. Neither former Virginia governor Jim Gilmore nor Rep. Ron Paul registered any support.

None of the Republican numbers change significantly if Gingrich is removed from the poll.

The survey of 394 Republicans and voters who "lean" Republican has a margin of error of +/- 5 percentage points.
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http://blogs.usatoday.com/onpolitics/2007/07/usatgallup-poll.html
 
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