I am not a big fan of Melissa Harris-Perry. In fact I would say that generally I don’t particularly like her. But the attached video from her show is a very interesting discussion of Rand Paul’s recent speech to the Urban League.
I was just out in San Francisco and I definitely sensed a political shift in the winds. Obama’s “hope and change” has long left the Bay Area for many, though most won’t say it out loud yet. One gets the feeling out there that people think now is the time to begin turning the page on this political era, the Bush/Obama era.
The DC GOP crowd, mostly Bushites these days, has no real interest in shrinking the size of government or in reducing crony capitalism. Chris Christie, Jeb, and the rest really don’t care about rolling back the state. In fact their ilk are really all for expanding government’s roll in your life and in the economy. They just want to control the levers of power.
We are a long, long way out but this kind of lead even at this early stage puts panic into the hearts of the more establishment GOP candidates for president. To be clear, a large part of the GOP in Washington DC would rather have Hilary Clinton as president than Rand Paul. The last thing the bankers want is a president who will force an audit of the Federal Reserve or even seek to hobble the Federal Reserve.
Let’s see, are the perpetual war guys who are nominally part of the Republican Party going to side with Hillary Clinton if Jeb Bush or Chris Christie don’t get the nomination? Probably. If Rand Paul gets the nomination? Almost assuredly.
Probably. Cheney’s just mad that he couldn’t turn young Rand Paul Skywalker to the dark side, so now he’s just trying to shoot the guy with lightning bolts.
We could not agree more.
This will put a useful spotlight on three poor Fed nominations as well as a good bill that is being ignored.
We’ve been saying this for months. If Wall Street Republicans can’t get Christie or Jeb Bush they’ll defect to Hillary Clinton. They won’t support Paul. Clinton will protect the bankers and is already nice and cozy with them. Clinton has defended the bailout paid for by taxpayers which enriched much of lower Manhattan.
Rand Paul in contrast has said that the Wall Street bailout was “anything but conservative.” The banks don’t want anyone who will question the banking system as it is now. They certainly don’t want a president which is as informed as to the workings of Wall Street as Rand Paul. It was Rand’s dad after all who popularized the call to “End the Fed.” Wall Street and the Fed are inseparable. Ending the Fed would mean ending the current era of crony Wall Street. And that friends, simply can’t happen.