Common Sense From Ron Paul

As we get closer to the 2012 election, you should be seeing a lot more of Ron Paul. This is generally positive for our country since he says it like it is. Unlike other politicians who have their heads stuck in the sand, Ron Paul talks about the huge debt problems we face. While people may question his ability to run the country, I believe he brings a much-needed bluntness to the 2012 election. The tougher issues simply cannot be ignored if Ron Paul is running for President because he will just speak the truth without caring what people think. As you all know, this is a style I love. 

Ron Paul has been remarkably prescient throughout this crisis, yet he still gets little respect. This is pretty confusing, but it just goes to show you how stubborn people are. If the media presents him as a “kook”, guess what? Mindless robot Americans will agree. This is unfortunate, but that’s just the way it is.  People have lost the ability to think for themselves.

Anyway, in the following CNBC interview, we get more straight talk from Ron Paul. He talks about the inflation caused by loose monetary policy and the problems the Fed is causing. For example, he says that the Fed is facilitating excessive spending by Congress through artificially low interest rates. Ron Paul also points out that if interest rates rise, Congress should cut spending, but they won’t. He obviously understands the ticking time bomb that is the interest expenditure portion of our debt.

A lot of the things Ron Paul predicted will come to pass. The dollar is going to face a serious crisis and gold will rise as a result. The Fed has no clever ideas; they just print more money and devalue. Ron Paul thinks this is a deliberate policy, and I tend to agree. With the majority of our debt held by foreigners, why should we repay the real portion our debt? From a domestic perspective, it is more important to keep the electorate happy by handing out entitlements as long as possible.  The charade can’t last forever, but this doesn’t seem to concern our leaders.

Anyway, I hope this time around, Ron Paul gets a little more respect as a candidate. America needs to wake up fast before it’s too late.

Common Sense From Ron Paul is a post from: Expected Returns

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