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columnist: Doug Eberhardt

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Topic: Ron Paul
Why the Neocons Will Lose in 2008

Just send this article to all your republican (and democrat) friends to show how far America has fallen and then ask them one question; "Do you think by electing the same garbage in we'll get anything but garbage out?
by Doug Eberhardt
(Libertarian)
Saturday, May 3, 2008

I'm not sure if it's kosher here to post a piece from another author, but this is one of those articles that needs to be read by all Americans.  I know Lew Rockwell from having attended one of his Austrian Scholars Conferences, and I hope he won't mind me posting Jim Quinn's article, from Lew's site, here at Nolan Chart.  One note; I realize that some may disagree with his classification of a few of his Presidential picks as being "great leaders."

We're doing all we can to wake America up. The statistics in this article are irrefutable and eye opening.  Send it to everyone you know with a recommendation for them to keep forwarding it on.  I don't care about the "thumbs up."  Just copy, paste and forward it!

Why We Need Ron Paul

by Jim Quinn

I love America. That is why I am so disillusioned by what our "leaders" have done to our great Country. I use the term "leaders" loosely. Dr. Howard Gardner defines a leader as, "an individual (or, rarely, a set of individuals) who significantly affects the thoughts, feelings, and/or behaviors of a significant number of individuals." The reason we are in our current predicament is because, "We the people" have elected politicians rather than leaders. Merriam-Webster's dictionary defines a politician as "a person primarily interested in political office for selfish or other narrow usually short-sighted reasons." The people we have elected to Congress and the Presidency are politicians who are more concerned with their own re-election, maintaining power, and enrichment of their financial backers than they are about our great country. Our great leaders included: George Washington, Benjamin Franklin, Abraham Lincoln, Franklin D. Roosevelt, John F. Kennedy, and Ronald Reagan. A true leader tells the American people what we need to hear and is able to convince us to change our behavior. Our current cast of politicians, tell us what we want to hear based on polls that tell them how to best get re-elected. They spend our children's future by dishing out election-year rebate bribes and foreclosure bailout schemes for votes. The only two people that I have seen on the political scene today who show the characteristics of true leadership are Ron Paul and David Walker.

Ron Paul has been a Congressman from Texas for 20 years. He has been running for President as a Republican. The Republican establishment despises him because he has been against the Iraq invasion from the beginning. The Conservative media have tried to trivialize and demean his positions. It is these conservatives who have sold out. Ron Paul is a true social and fiscal conservative. His consistent principles and moral backbone should be an example to all conservatives. I am a registered Republican and consider myself a fiscal conservative and social conservative. After 8 years of Republican control of the Presidency and 6 years controlling Congress, I'll provide a scorecard of the results most important to the average American as of today:

EVERYDAY COSTS (per BLS.gov)
~
2008
2000
% Change
Gasoline (per gallon)
$3.28
$1.36
141%
Natural gas (per ccf)
$1.30
$0.71
83%
Electricity (per kwh)
$.116
$.084
38%
Milk (per gallon)
$3.87
$2.78
39%
Bread (per lb)
$1.28
$0.91
41%
Eggs (per dozen)
$2.18
$0.98
122%
Orange Juice (per gal.)
$2.54
$1.82
40%
Ground Beef (per lb.)
$2.33
$1.48
57%

FISCAL ISSUES
~
2008
2000
Change
National Debt
$9.4 trillion
$5.5 trillion
71%
Annual Budget surplus/(deficit)
($400) billion
$150 billion
($550) billion
Median S&P 500 CEO pay
$8 million
$6 million
33%
Median household income
$49,000
$42,000
17%
Consumer Price Index (per BLS)
211.1
168.8
25%
Consumer credit
$2.52 trillion
$1.54 trillion
64%
Median Home value
$168,000
$120,000
40%
Euro vs. Dollar
$1.57
$0.85
?87%

FOREIGN AFFAIRS
~
2008 to date
2000
American soldiers killed in Iraq
4,007
0
American soldiers wounded in Iraq
29,320
0
American soldiers killed in Afghanistan
491
0
American soldiers wounded in Afghanistan
1,868
0
Iraqi deaths (est. since 2005)
49,000
0
Cost of Iraq & Afghan wars (per CBO)
$600 billion
$0

You have to admit, this is quite a success story. I doubt that President Bush will be considered in the list of our greatest leaders. He is more likely to be lumped with such distinguished Presidents as Herbert Hoover and James Buchanan. He has single-handedly destroyed our fiscal situation by spending like a drunken sailor. The difference is that drunken sailors spent their own money. George Bush spent our money and borrowed the rest from the Chinese to pay for his wars. His spending and Alan Greenspan's mismanagement of interest rates have led to our current situation. With the current bunch of imbecile politicians running this country, a Depression is a distinct possibility. If they start putting up barriers to free trade, we could relive the 1930's.

In the data above, you may have noticed that the CPI has only increased by 25% in eight years. How could this be when energy costs are up over 100% and food is up over 50%? It is because the government manipulates the CPI in order to make it lower. Again, we have Alan Greenspan to thank. He is a very smart manipulative man. He realized that Social Security obligations will bankrupt the country. Social Security payments are increased by CPI every year. By artificially reducing the CPI, he has reduced the government debt by billions. Below is a chart that gives the true picture of inflation today.? To see the charts and for rest of article please go to Lew Rockwell's site here:

[link edited for length]

Article by:

May 2, 2008

Jim Quinn [send him mail] is Senior Director of Strategic Planning, The Wharton School, University of Pennsylvania.

Copyright  2008 LewRockwell.com

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2008 Doug Eberhardt, all rights reserved.
Published: Saturday, May 3, 2008
Last modified: Saturday, May 3, 2008

The views expressed in this article are those of Doug Eberhardt only and do not represent the views of Nolan Chart, LLC or its affiliates. Doug Eberhardt is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Reader Comments:

Posted By: LLoyd Kempson
Date: 2008-05-03 12:26:47

Had Ron Paul not been mentioned, this would have been a great MSM piece. The reason that I say that is because you do not elaborate on how prices have gone up. You do not mention that the failures of the Bush Administration (Oil drilling in ANWAR and off the coast of Florida) that have contributed to the increase in fuel costs. You also failed to mention his environmentalists legislation that allowed more subsidies for Ethonol that lead to an increase in food prices.

You do not mention that his failures to curb spending were often the result of centrist Republicans that voted to increase spending in order to get certain provisions approved. Why no mention that the deficit was cause by refunding the surplus tax dollars back to the tax payers?

Politics is complicated, Ron Paul would face the same opposition that Bush did. I think that a Ron Paul presidency would be worse because both parties would pass bills that Ron Paul would veto based on principle and not politics. These vetos would be overidden. The only way to have a "Ron Paul revolution" is to focus on the Congressional election of 2014 and get as many "Ron Pauls" elected as possible.

No one wants to consider this, but Ron Paul would not be elected as a dictator who at a whim could change things for the better. He too would face opposition from Congress.  

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Posted By: DigitalBob
Date: 2008-05-03 14:11:56

Your chart says more than your article! 

Working it backwards, you have per annum inflation rates of various items above from about 4% to 20%.  My salary has remained flat for the last four years.  20 people were laid off at my wife's place of business this week.  This country is headed in the wrong direction because politicians are rewarded for diluting the value of the dollar.  Something is giving. 

But it will take years for the current regime to get the message.  It's going to take a cadre of Paul thinkers to take a meat axe to the federal budget and reign in spending.  This stimulus package is dumping an extra $100bn of debt on future taxpayers.  Let's look for another jump in inflation over the next three months.  That's all our current government is capable of giving us.

If we had to pay for the war with real money and draft citizens to fight the undeclared wars, instead of depleting the national guard, we would see a quick change in policy.  For now, we're stuck for another four years of more of the same.

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Posted By: Doug Eberhardt
Date: 2008-05-03 16:29:25

Lloyd,

I don't understand how you can conclude that by showing the price increases from 2000 to 2008 in "real" terms could be a "perfect MSM piece."  You don't see this kind of information via the MSM, especially the debt and deficit numbers. 

Also, understand, one article isn't going to be able to address "every" issue of economics and what's happening inside the Bush administration.  There's simply not enough space on Nolan Chart to do this.

As far as the reason for price increases, it's simply inflation...defined as "an increase in the money supply."

As far as Ron Paul, yes...he would have a lame duck congress.  But also remember that these people are elected and if the People see enough of the "good" policies rejected by congress, then the People will do as the Declaration says it is their "duty" and their "right" to do and that is "to throw off such government."

Also, if Ron Paul vetoed some of those bills, guess what?  REDUCED SPENDING!  And don't forget the elimination of all of those "Departments of."

 

 

 

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Posted By: Doug Eberhardt
Date: 2008-05-03 16:31:20

Digital Bob said; "If we had to pay for the war with real money and draft citizens to fight the undeclared wars, instead of depleting the national guard, we would see a quick change in policy.  For now, we're stuck for another four years of more of the same."

100% concur.

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