Ron Paul out of the wilderness!

Yesterday I was posting about horses bolting. Today it's about the fact that a lot of folks in America think they bet on the wrong horse. All those GOP primary votes wasted on the likes of Giuliani, Huckabee and Romney. Ron Paul is the horse now favoured by the punters. Everyone is coming up to pat him saying they always knew he had fine ideas. Blah, blah! Where were they when they were needed most. Even Fox News is all over Dr.Paul like a rash. And they did their level best to keep him in the margins as a quack doctor peddling some herbal remedy. Now they can't get enough of his tonic!

So, guess what? Ron Paul supporters, from the Campaign for Liberty, turn up at the CPAC 2009 shindig and find that everyone is talking his language. Ron Paul went down very well so we are told. David Weigel, writing in the Guardian, a paper not known for its sympathies with the right, says of Paul's surge in admirers - "What's changed in two years? It's not only that Republicans have lost an election – it's that Republicans do not yet understand why they lost. They are not willing to consider that they lost votes because Americans wanted more social democratic policies. The official explanation for their loss is that Republicans spent too much money and lost touch with their values. It only makes sense that Paul, who has been arguing for years that the GOP needs to get back to the values of pre-New Deal America, should be winning over young hearts and minds."

Winning over young hearts and minds. It will be these who will be paying off the trillion dollars going everywhere and who do not want anymore financial nonsense to carry on.

Is the USA doomed to poverty and pauperism?

The Republican party, all except three, in the Congress are trashing Obama's stimulus package. Not because they have looked in the mirror to say sorry for exciting George Bush into reckless miopia when the credit crunchers took hold, but because they are fearful of the vast debt piling up. I think it is all a bit late. Where was Bush, that adopted Texan cowboy when Stanford was building his ponzi scheme? And Madoff? And the Lehman Brothers fat cats?

No, the GOP hasn't got a leg to stand on. But Obama is raiding the funny money chest. He's on some yellow brick road at the moment. Mind boggling sums are going into propping up ailing businesses, banks without balances, and government agencies. The Republicans are right on one crucial point. "The way to lead is not to raise taxes and put more money and power in hands of Washington politicians. The massive economic stimulus bill will increase our taxes down the line, and saddle future generations with debt." That was the "official line" from Louisiana Gov. Bobby Jindal, speaking on behalf of the GOP.

It is all a crying shame that Ron Paul didn't get to be president. But at least he's being listened to now. Fox News! Who'd have thought it.

What we need is confidence back into the system. Those that are calling for small retail banks separate from the investment banks should hold sway. We cannot go on dumping money into bottomless pits. Until the toxic debt level is actually agreed and put into a special fund, it will remain exactly that - A TOXIC DEBT. We are being slowly poisoned and the cure is to fence off these offending loans and feed the economy with good money not imaginery stuff from the cookie jar!

Stimulus Act! Signed, sealed, delivered...and UNREAD!

Ron Paul puts it well. It all makes sense what he says, but human nature doesn't always see sense. In fact, collectively human nature is far more prepared to sup with the devil than stay the course of prudence and preparedness. After all, if someone shoves a trillion dollars in your face, would you say "NO!"?

So all the gravy trains have been topped up with cash. I had great hopes for Barack Obama and still do in many ways. But this so-called American Recovery and Reinvestment Act of 2009 will go down in history as the millstone that future generations will carry about with them. All new babies will get a card welcoming them to the debt-ridden world. Most people think this is wonderful. After all, they are not paying for it. But there isn't an accountant alive who thinks that two and two makes ten. So how they are going to audit the Federal Government's books without scaring us all witless, I do not know.

Ron Paul says, about the passing of the Bill. "There were five copies available to the House and I think five to the Senate, and that wasn’t available ’til the House opened at noon time. So essentially it was not available to us and who can stay up all night and read a thousand pages? So obviously it was done like business as usual. Things have been going on like this for a long time, but this one was a little bit worse, it was bigger than usual so it was not a very good day for America."

It really makes you wonder what goes on in the minds of an average Congressman. Surely they must realise that this sort of cavalier approach to finance is what got us here in the first place?

Ron Paul latest take on the "stimulus" package

Here is Ron Paul, on 7th February, discussing the spending package, which is euphemistically called the stimulus package. Any hope that it will stimulate change is much needed, but it may just stimulate further problems.