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Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
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 Posted: Sun Jan 13, 2008 9:18 am Post subject: Problems with Maverick Ron Paul's Policies |
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By: Joel_S_Hirschhorn
It's as if a whole lot of people have caught a virus that I have escaped. People that I thought had correctly rejected the current corrupt two-party controlled political system have flocked to Paul. So I went back and re-read most of his published columns and examined in detail his voting record. I can understand why such a maverick politician is so attractive to people fed up with the current system. But I consistently have seen so many problems with Paul that I cannot support his candidacy and I still maintain that he never stood a chance of getting the Republican nomination.
First, Paul's minimalist view of what the federal government should do would wreck the country. Sure, I understand why so many people love his proposal to eliminate the federal income tax. And his response to what would follow such a loss of huge revenues is to cut spending. That means cutting a vast array of programs that the vast majority of Americans like and want, and that the states could not afford to take over without increasing their taxes. And if anything characterizes Paul it is his glibness. What would happen to the millions of Americans who would lose their jobs from the IRS, military and many other cuts, and the inevitable cascading economic impacts on the nation? Paul has never been big on details; he has spent his whole glib career spouting the same few principles. Paul has no depth. He had never run any program or had any executive experience.
http://www.marketoracle.co.uk/Article3232.html |
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