I feel that there is a whole group of people who have come to see the insanity of the direction we are headed in who still hold Ron Paul at arm’s length. This is too bad, and frankly ignorant.
We have been “pressing the case for sound money” for a very long time. Many others, particularly those economists considered part of the Austrian School have been doing so for decades. It was the Austrian School economists who saw 2008 coming. It was the Austrians who warned the world. But the Austrians are a truly and deeply free market bunch, and politicians don’t like free markets. So the warnings went unheeded.
We are in the midst of an historic shift in American politics. As was said by a commentor on the Dianne Rehm show on Wednesday morning, the Tea Party is the most important and successful social movement since the civil rights movement.
I have a whole bunch of issues with Ronald Reagan. He lost his way on defense spending that is for sure, and there are a host of other problems. But this 60 Minutes video from what looks like before Reagan became president is interesting, and in a way stands as a warning to libertarians as they rise to prominence today.
It is an idea that is popular in at least 4 states.
The party doesn’t want the “circus” it had in 2012 with the debates. Too much Ron Paul, too little inevitable coronation of the establishment candidate.
This is a long video, much longer than we typically post, so be warned. A big bag of popcorn might be a good idea.
Another great quote from this interview – There is a corporate liberal convergence with corporate conservatives for years. That’s what’s driven this country into the ground.”
Below is the moment where the USA took a huge wrong turn. This is where we detached from financial reality. This is where the fiat insanity truly began. It’s one of the most important moments in American history, and yet most Americans know little about it.
This is Richard Nixon making a mistake of colossal scale, and one which may in the end undermine the very economy he said he was trying to defend. The man is just truly a tragic figure.