Financial Crisis

Why Paul Ryan is bad for libertarianism

Paul Ryan

By now most have given their opinion of Paul Ryan as Mitt Romney’s running mate. In all of the commentary I have noticed a disturbing trend: grassroots conservatives and some libertarians think there is an upside to the pick.

Most notably for me is Corie Whalen’s praise of Romney’s pick as “victory…on an intellectual level.” Corie’s view is that the Paul Ryan post-VP pick contrasts that of the other Paul Ryan, with the former being more libertarian-ish than the latter. Her theory - and it sounds nice - is that Congressman Ryan will sow the seeds of a more libertarian populace by introducing and articulating certain ideas more favorable to free markets and sensible fiscal policy. She goes on to admit that Ryan’s voting record during his tenure in congress has been anything but libertarian.

I’m used to people falling for a candidate’s rhetoric without actually analyzing their record, but to have someone admit that a candidate’s record is abhorrent yet praise them for their rhetoric is…strange. But does Corie have a point? His record aside, is Paul Ryan’s rhetoric good for libertarianism?

No even close, because libertarianism at its heart is anti-rhetoric. Libertarianism concerns itself with actions not words. Libertarianism rejects politics as usual in favor of principled representatives who will walk the walk. Paul Ryan can talk a pretty talk, but he does not have the record to match his rhetoric.

When people become enamored purely with rhetoric they place inadequate stock into actions. Until this trend is reversed, politicians will continue to contort themselves to fit the need and say whatever it takes to get elected; until this behavior is rejected by the populace, libertarianism will not flourish.

Idaho GOP Endorses Gold Standard

Oh hallelujah. From my friend Michael Bastasch at the Daily Caller News Foundation:

At the Idaho GOP convention in Twin Falls, the state GOP decided to preserve the platform of abolishing the Federal Reserve Bank and instituting dollars backed by gold and silver.

“We recognize the failure of the Federal Reserve System to maintain a sound U.S. dollar and the danger of mercantile banks controlling the issuance of our currency. We believe the Federal Reserve Bank should be abolished and the issuing power restored to the people with the stipulation that the U.S. dollar be backed by gold and silver,” reads the recently adopted 2012 platform.

The platform goes even further and encourages Idahoans to acquire precious metals.

“We believe Idahoans need to protect their savings from the ravages of inflation, which is hidden taxation, and encourage citizens to participate in a systematic acquisition of precious metals which represent real value as opposed to paper currencies,” the platform continues.

An Idaho GOP spokesperson declined to comment on the record about the state party’s 2012 platform and the platform of abolishing the Fed and instituting U.S. dollars backed by gold and silver plank.

What more did you need to say, other than “It’s awesome!”?

May Jobs Report Shows Path to Obama’s Defeat

AKA “The Only Scandal Conservatives Need”

Executive Summary:

  • 69,000 jobs added (That’s far too weak for even a piddling recovery)
  • +.1% unemployment, up to 8.2%
  • 12.7 million Americans unemployed
  • +.2% to civilian labor force participation, up to 63.8
  • 8.1 million Americans employed just part-time for economic reasons
  • 2.4 million Americans marginally attached to the labor force
  • 830,000 discouraged workers
  • March and April job increases revised downwards
  • Sure path to Obama’s defeat in November

The May jobs report has just been released by the Bureau of Labor Statistics…and it’s awful. It’s one of the weakest reports all year, and has shown quite clearly that the “Hope N’ Change” policies of President Obama are not working. According to the BLS press release:

Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, transportation and warehousing, and wholesale trade but declined in construction. Employment was little changed in most other major industries.

Household Survey Data

Both the number of unemployed persons (12.7 million) and the unemployment rate (8.2 percent) changed little in May. (See table A-1.)

Dear Wonks: We ARE In A Recession

Or, Why Your Worries About Double-Dipping or A “Second” Recession Are Utterly Preposterous And Make You Seem Completely Out Of Touch With Reality

While doing some reading over the weekend, I came across this blog entry by Brad Plumer over at the Washington Post’s Wonkblog (the one headed by Ezra Klein) about the Bush tax cuts expiring and how that will affect the economy:

To put this in perspective, the Federal Reserve expects the economy to grow at a roughly 2.9 percent pace in 2013. If Congress does nothing at the end of this year, much of that growth could be wiped out, and there’s a strong possibility that the United States could lurch back into recession. (Granted, a lot could depend on how the Fed reacts in this situation.)

That bolding is my own emphasis. And it really irritates me.

I know that the National Bureau of Economic Research, the official decider of recessions and other economic forecasts, declared the Great Recession to be officially over in 2009. I know there is an official, academic definition of recession: two consecutive quarters of negative GDP growth (otherwise known, in normal person English, as “GDP shrinking.”) I know this is what Brad is talking about when he says “lurch back into recession.”

Swear on the Constitution

Our U.S. Constitution is a remarkably efficient document. It is our only founding charter. Many times changed, rendered, adumbrated. But it’s essence is unshakable. Written in Thomas Jefferson’s handwriting, edited against his will, pored over, discussed, hushed about, while it lay about some small wooden tables in independence Hall, Philadelphia, Pennsylvania.

Americans believe, that the Constitution is the link between our government and our lives. Congress and the Executive, can not overstep the harmony that exists, by each American following his path of liberty. Unfortunately, too many harmful minds, want too much power in this country. Power never vested in the Constitution. Power never meant to be handled by bureaucrats or officials or committees. We need to change all this. The oath of office should be sworn on the Constitution. In the Capital Rotunda. Among the historicity of remains from past great ages of the United States.

Drones in our night skies. Unelected lawyers interpreting the U.S. Constition. Surveillance. Internet spying. Blackouts and Stasi-like encroachements. Torturing. Deaths and internment of American citizens. Socialization of medicare for the elderly, and healthcare for those in mid-age. Food stamps and deductibles for people who do not work. Taxation over representation. Data-accumulation. Groping at airports. Fumbling and nefarious Justice Department officials. Cronies. Welfare abuses. War and destruction as an industry, like Hollywood and Corporate America! Blame-games. Undermining of basic civil rights. Monetarism-mongering! Unaccountability and state-sponsored fear. Campaigns of division. Solutions disguised for self-created problems.

Mitt Romney’s American Delusion

Republican voters are being put through the pincers. We are back to 2008. Heaps of strong candidates, but no consensus. Great speeches, but no substance. PAC money spent by the millions, but no conclusive results. GOP candidates are even welcoming Democratic voters, to smear each other, to add to their victories, or to just plainly embitter each other. The Republican race is not going to get any more civil. Once, we see these subterfuges, we can ask the real questions: what will it take to unseat Obama in November, and who can best do this?

In America the conservative movement has been changing. Neo-conservatives, who had for roughly two decades (1980-2000) held the strongarm of the party, are gone with the Bush Administration’s doctrine of “pre-emptive strike” and the PATRIOT ACT. We are in the midst of the dregs. Still trying to find out which direction this country will spill it’s spirit of changelessness.

For all his grandeur, Mitt Romney just has not taken his campaign to the next level. Rick Santorum has peaked, but more likely will not hold his miniscule leads. Newt Gingrinch’s populism and Ron Paul’s constitutionalism, so similar to each other, are self-negating. None is in charge. Marginal candidates can’t win delegates, nor the RNC party’s nomination. Mitt Romney, the ever-chameleon like business mogul, can’t strike a human touch to save his life and political prospects.

If Mitt Romney is the front runner of the wolves, ready to flay Obama; what is his version of the American Dream? How does he see this country, through which prism? Is it a legalistic, rigidly technocratic, institutional approach? It seems, his advantage is not his base, his character, anything as much as his warchest. He won’t run out of steam. Even if the delegate count gets close in Tampa, FL this spring; he’ll be able to resurrect himself, make the necessary promises and sail away with the nomination.

Obama: End of the Road

During four years of non-presidency, the 2012 election in the United States will finally furnish us a leader! While the media are jabbing away fruitlessly at the GOP candidates, one thing is certain: Barack Obama will not be elected twice. If he is (least likely), there will be rebellions in America’s Main Streets.

Just this morning; the USA Today reported, for instance, that the auto-industry bailouts of 2008, were a success! Success? More like highway robbery. There were two articles, one a reprieve to counter. But it is clear who is instigating GOP roadblocks: socialists, occupy wall streeters, the media, the IMF, the U.N. and other fat-cat democrat-billionaires and their crony go-for-mediocre claptraps. Cries for the ouster of president Barack Obama are heard world-wide.

Nightmare scenario reality: Obama’s assault on the markets, are plunging the world into darkness. In congress money is used like never before, to make Washington D.C. more like Paris. Let us be clear: no sane American wants/wanted this. It is time for this ghost, to make his ghoulish departure.

A government which becomes so large it is able to give to everyone, anything at anytime it wishes no matter the cost, will take it all away. Violently.

What has Obama done?

To sum up: he has stalled the economy (purposefully) into a ditch, ruined our dollar, made promises lies, frivoluosly disobeyed the constitution, waged war on all faith, handicapped elderly in a cement straight-jacket, given taxes to Egyptians for jihad against Europe, increased immigration and pummelled this great land with medicare, benefits, welfare, handouts, support, birth control, donations, freebies, impositions on all!

Auto-industry bailouts worked; only insofar as it was the only decision in a one-man’s debate. Another way to have dealt Detriot would have been; to let companies fail, let them go: whatever is left, would be parcelled out among those lasting.

Santorum’s Statism Problem

Let us make fresh.

The reason why Rick Santorum would not oust Barack Obama in November, is not his faith. It is simply that he is running a ‘social message’ of uniform decency against a ‘social message’ of uniform healthcare. Plainly, Obama’s health plan, is vital: but not more pressing than the economic calamity of bailouts, frauds, money-laundering, spending and public debt. These are focal issues of the 2012 election.

Santorum is the politician everyone can super-impose themselves on. He’s no CEO like Mitt Romney, no renowned speaker like Newt Gingrich, not intellectual like Ron Paul. No, he is a regular Pennsylvania lawyer, who argued some weird World Wrestling Federation cases. Somehow he is unspectacular enough, that he could almost be your town butcher, postal deliverer or stockyard piler. You would think this is a strength. But it is not.

Eventually, while trying to keep your political pronunciations to a minimum, to correspond to the widest social base possible, you hit a tollboth going 160 mph. Santorum is earnest, he surely is: means well to families and the elderly, but he has yet to prove his salt. His record is plain: he has taken massive amounts of Washington D.C. beltway funding, voted to raise the debt ceiling, is in cahoots with the (so-called) ‘military industrial complex’  and dislikes many anomalies of our population: young pregnants, migrant-labor, jobless, gays, blacks. He has been able to entrench his campaign in an atmosphere of rustic humbleness and simpletonness.

Reporters Silent on Ron Paul

The more connected you are, within the Washington D.C. circuit; and on the long-stretch between Los Angeles and New York, the more clout you have as a politician. Especially, if you’ve squandered taxpayer money on “bridges to nowhere” (Rick Santorum), Olympic “Games” (Mitt Romney) or have been kick-backed by Fannie & Freddie (Newt Gingrich).

All these, of course, are fine examples of Capitalist enterprise, of leadership and smart capital-management. But what do all these undertakings reveal, about abilities in leadership, necessary to plug the dam of the 2008-unward recession? Not, much.

Ron Paul is the antithesis. He negates almost in it’s entirety, every other issues brought by his opponents in the GOP presidential race. He is not reported on, because those who indeed try to, fail miserably: the way Gerald Seib did, moderating the Republican Debate in South Carolina. Ron Paul is too honest: clear, succinct, philosophically astute. This makes him a slippery fish, to place in the Republican Party, although he is by far the most consequently, stalwartly arch-conservative since that other Gipper, that slipped his way into the White House: Ronald Reagan!

Being less ‘politicized’, in other words by having put his neck out on an execution-block, or guillotine, to amass money, has meant he has to do with less campaign finance. But what Paul has lacked in initial spending, his patriots have donated in turn. No other US politician has ever raised a sum, close to over 1 million, which Paul’s campaign has been able to do in 2011. What this means, is; people base decision on mass-media, pandered bits-and-pieces of evening chatter, boxed soundbites (often misinterpreted) while heading out the door in the morning. Ron Paul is lucky to get 3 minutes airtime, after a debate platform.

The Romney-Paul Ticket

In the course of the past week, there have been ruminations from Washington D.C. and the liberal media establishment, following the political circus circuit. Rumors are, there is a Romney-Paul split ticket in the works. This would mean, Ron Paul as Vice President to Mitt Romney. Sources are weak and at this point, still very much unsubstantiated.

Whether Ron Paul would accept a Vice Presidential spot, at this point is unclear. He is Mitt Romney’s senior, both in intellect and age. Others report, and speak of, a Rand Paul Vice Presidency; however, at this point into the GOP retake of the vacant White House, Rand Paul (R-KY) is nowhere near the fire of the action.

It is quite obvious, that if Mitt Romney is going to sock Obama in November, he will have to square the Tea Party vote. Segments of which he has neglected, again and again; with big government “corporations are people” rhetoric. Steadily he holds the strongest conservative wing, but a wing does not fly without a body. If Ron Paul considers an Independent presidential run after all, Mitt Romney will feel luke-warm to libertarians, independents, cross-overs, undecideds.

Given Ron Paul’s consistent stance on positions: his remorseless scrutiny and straight-edge in terms of vascillation, it is highly unlikely he will takle a split-ticket such as this. If these comments continue, there will be the possibility that Ron Paul’s integrity is pu to the test. Is he really the stalwart, people say he is? Or, is he another politician who might use his stature, to win the GOP the election in November 2012?

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