Do you think Barack is going to listen to the Advice of a Libertarian in order to save the economy?

http://www.boston.com/news/nation/washin鈥?/a>





I sure don't. I think he's going to just try and prop up the existing system an collapse the dollar. I just find it very amusing that all the things that Ron Paul has warned us about might be coming to fruition.Do you think Barack is going to listen to the Advice of a Libertarian in order to save the economy?
He might listen, but he won't follow it.Do you think Barack is going to listen to the Advice of a Libertarian in order to save the economy?
when basically all he can say is that he won therefore we must get over it so to speak... He doesnt and wont listen to anybody but himself and his cronies!
I didn't see any real advice in the article.





Bear in mind that Ron Paul's economics are not based on any working model, but on a free market ideology that, quite frankly, has never been tried.





I agree with Ron Paul on a select few things. I think that using our regular military to fight terrorists overseas has been incredibly expensive and mostly futile. People who argue that we have not had attacks on U.S. soil since 2001 ignore the countless attacks that have been made on our soldiers since they have been in Iraq and Afghanistan. We have lost so much money and so many lives, it just hasn't been worth it. Remember that in an environment where we were running budget deficits already, the Bush Administration constantly went outside the budget with emergency supplemental bills to fund military activity.





Where Ron Paul and I part ways is where he talks about deregulating business. At a bare minimum, we need protection from businesses, and businesses need protection from themselves. For example, over the period from 2000 to 2007, the average CEO salary increased from 300 times what the average worker made to 451 times what the average worker made. Ron Paul might say: so what? He should have the individual liberty to make as much as he can. Well, it's a bad business decision, and one that will affect the company. While CEO salaries have been increasing, so have other executive salaries. All of these salaries come with pension plans, as well. Since the pension plans are largely based on two-thirds of the average of the salary for the past three years, executive pensions have become unaffordable. For this reason, Congress (under Republicans in 2003 or 2004, can't remember the year at the moment) passed a law that allowed companies to roll employee pension plans into cash, allegedly to create more capital for investments. Instead of investing in jobs, companies rolled employee pensions into the executive pension funds.





Another example of a bad business decision that affects all of us is the packaging of mortgages, especially toxic mortgages, into securities that could be traded on Wall Street. Everyone wants to blame the mortgage consumer, but the mortgage companies have statistics on what percentage of mortgages fail, based on the type of mortgage, the credit rating and history of the consumer, and so forth, so the risk they take on an individual mortgage is calculated and built into the business plan (which is why most mortgage companies selling the riskiest mortgages sell ninety percent of them after closing). Packaging the most risky mortgages as securities didn't take the known risks into account, and we're all paying as a result.





Never mind environmental and safety regulations--Ron Paul would do away with those, as well, and businesses have a track record of not being able to be trusted with the safety of the employees or with being stewards of the environment.





The free market has never truly been tried; what we have seen has been the result of supply-side economics. I argue, however, that there will never be a free market while government exists at all. There will always be people with money to lobby for regulations that favor business, while lobbying to eliminate regulations that make business a little more expensive, but less harmful to the rest of us. There will also be lobbying efforts on the part of labor and the environment, as well. Free market systems exist in the vaccuum of academic economic thoery, not in the real world.





The only way we're getting out of this mess--if we get out of it--will be to rebuild and strengthen the middle class. A strong middle class can buy the goods and services that move an economy. We've seen what happens when the median income decreases and more people end up below the poverty line than ever.
Hell no, he won't. He would have to admit to making many mistakes if he does.





I find it amusing as well that the only Presidential candidate that stated our economy was a mirage was called loony. He was the only one that was correct on our current fiscal state .
Not only do I believe what you say, I believe he is doing it intentionally. The worse he can make this ';crisis'; look, the more BS he can shove down our throats and still look in good to his loyal followers in 2012. I've come to realize that too many of them are just plain ignorant and will believe anything he says and support anything he does.





He has a set agenda. He will not listen to anyone.
No, I don't, given that he is racing in the absolute opposite direction.





I find it telling that what Ron Paul has warned us about are unfolding as he predicted, but not amusing.





And to the guy above, derivatives are sheer gambling and fraud should be policed. Ron Paul has always said that. He WOULD regulate and audit the federal reserve.





Or abolish it, getting rid of fractional reserve banking altogether.
Of course not, he is a socialist. It would have been a bold move on his part to have RP in his cabinet, but he's not wise enough to see that. Many of us realize what a true patriot, and knowledgeable economist Ron Paul is, but Washington, the press, and big business fear him.
No. If you aren't a preacher of Karl Marx then I don't think he wants to hear it.
The president is open to considering all types of ideas. Whether he selects Ron Paul's is another matter.





BRAVO, Greg Reich!
Yes, rather than someone who bareley passed Math 101 or Econ 101