Digg - It Turns Out That Ron Paul Was Right After All

55 Comments
Who Dugg It?

3eb97, on 11/11/2008, -4/+35It's sad that we can't get enough people behind this cause. I believe it is our only hope as a nation to collectively get our heads out of our asses and start doing what is right. People need to get better at seeing the lies and false information. I just don't think most care enough.
- Bith8654, on 11/12/2008, -1/+9Most people won't care until it is directly and drastically changing their lifestyle. It sucks, but it's the sad truth.
thepoliticalcat, on 11/11/2008, -15/+8ManM, I have a lot of respect for Dr. Paul, but I differ with him on some of his political stances. That said, hatred for the US is ebbing all around the world since the election of President Obama. Or didn't you see the photos of people dancing in the streets in Iraq, New Delhi, London, Sydney, Paris, Kenya, etc.?
- TRMarchesano, on 11/11/2008, -4/+18Trying to remain un-partisan for a moment (no small feat for me) I think most of what you saw was simply a reaction to cult of personality. The huge majority of Obama worshipers to this day have no clue what Obama's agenda is.
  
  With that said, the rogue governments around the world were rejoicing because they know Obama is an appeaser...
  
  How'd I do?? I know, I failed...
  - ma6ic4l, on 11/13/2008, -0/+1You have no clue what Obama's agenda is, because you're a ***** idiot. Those of us who've been paying attention for the last two years are informed citizens, not paranoid *****.
    
    ACTION ALERT--TR IS AN ASS
- Striker101, on 11/12/2008, -4/+13You forgot to mention the huge crowed of idiots dancing in the streets of USA!
  - caferrell, on 11/12/2008, -3/+11But there is a growing crisis among Obama supporters that have lost the purpose of their existence
    http://reasontraditionandliberty.blogspot.com/2008 ...
- wishninja, on 11/12/2008, -1/+2yea the fresh prince of bill ayres will save the day with his CFR policies. His solution is already know NWO to the rescue.
TheDataWhore, on 11/12/2008, -4/+32Ron Paul should be getting a lot more attention right about now; but it appears that the country is moving in the exact opposite direction by making the government far larger than it should be. Tis a shame.
- wishninja, on 11/12/2008, -1/+4Following the Bin Laden/CFR plan will ultimately lead to the toppling of the government. Ron Paul predicts that as well. We only have to wait and prepare based on the insider knowledge he has provided us.
NoLibertarians, on 11/12/2008, -28/+3Only 1 bank has collapsed, Indy Mac..The rest have been taken over by stronger banks.A wise move by the FED !.
- kemp34, on 11/12/2008, -2/+25While you may be literally correct that large banks didn't outright collapse to death, you are absolutely wrong in terms of the reality of what did take place. Major banks Washington Mutual, Wachovia and National City (three of the largest U.S. banks) were so at risk of failure that they were FORCED by the U.S. government to be sold at fire sale prices to other institutions. Also, Lehman Brothers, a major U.S. investment BANK collapsed in the biggest corporate bankruptcy filing in U.S. history.
  
  Only a complete fool, which you have proven yourself to be over the course of multiple accounts (pajeff, sportstar67, drmagicone, etc.), would view this situation as anything but a massive failure of the fractional reserve federal reserve based system.
  
  You have what is known in my culture as "zero insight".
- JeffH, on 11/12/2008, -2/+16^^^
  
  Ownage.
- Bilabrin, on 11/12/2008, -1/+2It wasn't a wise move by the fed. It was like building a small burm made of snow at the bottom of a hill to stave off an avalanche. It's going to be totally ineffective and in the end, make things a little worse.
- brokencrystal, on 11/13/2008, -1/+3"Only 1 bank has collapsed, Indy Mac..The rest have been taken over by stronger banks."
  
  Lehman Brothers
  
  Washington Mutual
  
  I shouldn't have to list anymore... There are many more examples here:
  
  http://bankimplode.com/
  
  I bet you feel stupid now. If not, at least everyone else knows you are.
  - NoLibertarians, on 11/13/2008, -3/+2No, all those were absorbed by other banks, none collapsed
SoyJames, on 11/12/2008, -3/+23An economy built on debt and consumption is a pyramid scheme doomed to fail. We are just postponing the inevitable with these "bailouts" that are nothing more than inflated fiat currency and more debt. Stock up on canned goods, bottled water, and ammunition. It's going to be a long trip.
JeffH, on 11/12/2008, -3/+16Never underestimate the power of large amounts of stupid people.

That should be the theme for this past election. While i'm a huge supporter of; "At least it ain't Bush" mentality, people need to wake up and now we have another four years for that process, which sucks balls. How on Earth people could rejoice in the streets for ANYONE who supported the bailout is beyond me. Nobody with half a brain thinks that it will ever work, and it isn't that hard for the Average Joe to recognize.

You'd think once everyone's 401k went to ***** they'd wake up and actually RESEARCH about the situation. Instead, we followed as sheep and trusted all the dumbasses in Washington D.C who forced the absolute WORST thing they could do down our throats. But hey, THEY don't have to worry. They lock in their jobs because there's only a vote every so often, and I don't think anyone in Congress or the Senate are having trouble paying their mortgage right now.

It's so sickening. Everyone in the US sat there dumbfounded while our government flushed capitalism down the toilet. We didn't ***** up, the banks did. If you're gonna do a bailout and destroy our economic system, the better choice would have been to spend $700 billion helping the struggling families pay off their *****, then everyone wins.

But I guess socialism is a big no no, right? Oh wait...
- jraymilton, on 11/12/2008, -0/+13This guy said it best:
  
  http://scalzi.com/whatever/?p=1767
  
  "No, no. Relax. We couldn’t possibly be socialists.
  Socialists only nationalize successful businesses."
  
  Sigh. Ron Paul told us so, and I spent a lot of money & time desperately trying to be able to vote major-party this time. No such luck. My guy may have lost, but at least I didn't vote for a bailout politician.
  - ChrisOrr, on 11/12/2008, -5/+6exactly why i didn't vote... and people act like I'M the one not taking advantage of my freedoms... HA. Digg made me sick on election day with all their pro-voting garbage. Everyone needs to open their ***** eyes for once.
  - Bith8654, on 11/12/2008, -3/+3@ChrisOrr: Sorry but if you're able to vote and you didn't, you have no right to complain about anything.
  - austang, on 11/12/2008, -1/+2It's like choosing between a vomit milkshake and a ***** sandwhich.
    You don't want either, but end up having to go with the milkshake since it goes down smoother and is overwith quicker.
  - SchmuckofNI, on 11/12/2008, -1/+6I voted for Bob Barr and all I got was this lousy t-shirt.
  - nosecohn, on 11/12/2008, -0/+3@ChrisOrr
    
    You didn't vote, and you're on here talking about what's wrong with the country?
    
    You mean, there wasn't one third-party or write-in candidate you would have felt comfortable voting for? And what about your congressional representatives... you couldn't support a single one of them? Were there any propositions on the ballot in your State? They just require a simple YES or NO. Even if you had voted NO on all of them, at least your voice would have been heard.
aaarghonaut, on 11/12/2008, -7/+1"May the Living God PROVOKE the electoral college, in the name of Yahshua-AMEN."
Moonkeeper, on 11/12/2008, -3/+16"It turns out Dr. Paul was Right After All" is a statement that all Ron Paul supporters will be able to say for many years to come about many different issues, as the natural consequences of big government come closer to fruition.
dshPls, on 11/12/2008, -15/+5If you constantly complain perhaps you'll be right every once in awhile, doesn't mean it's worth anything.
- thechr0nic, on 11/12/2008, -3/+12the alternative being just smile while our republic is systematically dismantled.
  
  ill stick with the complainers, at least they are paying attention to what is going on around them.
- wishninja, on 11/12/2008, -2/+7you freepers don't even win on these forums it should tell you something that your party and your neo-con policies have failed and you need to change or get out of the way of true conservatives.
- Bilabrin, on 11/12/2008, -2/+3Yeah, I heard the slaves complianed all the time too. Those complaints probably were worth nothing too huh?
millicentp, on 11/12/2008, -3/+4Agreed- this is a great article. Maybe someday... I was just reading another one that talked about how Ron Paul would have beaten Obama.. I think they may be right. http://digg.com/political_opinion/Why_Ron_Paul_Wou ...
Exzhaton, on 11/12/2008, -0/+3oops :/
GammaStream, on 11/12/2008, -11/+4Ron Paul is not the only person who predicted the economy was going into depression. Nor does he provide any workable solutions to the problems. His social policy positions are truly wacky. Instead of holding him up as some sort of God on Digg, do yourselves a favour and make sure you aren't the one who has mortgage that you can't replay next time the boom cycle comes round.

If people actually had taken responsibility for their personal finance a 'small' government might well be possible.
- thechr0nic, on 11/12/2008, -2/+7he does provide solutions, but apparently not anything you agree with. What is sad, is that you claim that it is wacky to support sound money, personal responsibility, capitalism, personal liberties, supporting the constitution and limited government.
  
  increasing the size of government erodes personal liberties and creates greater inefficiency among other things.
  What is ironic, is that the current housing bust was largely manufactured by government and the federal reserve trying to control the market. The federal reserve lowered interest rates to encourage lending, the goverment encouraged banks to give loans to those who were unable to repay them through such politically popular acts such as the Community Reinvestment Act. Then when the bubble (that was created by intervention into the markets) popped, the government instead of enforcing responsibility by allowing banks who made poor decisions fail, spent mountains of taxpayer money bailing them out... and you complain about lack of responsibility.
  We as a country are allowing our money to be stolen through inflation and we allowing ourselves to live in ever mounting debt both personal and public. We continue to try to not only pay for an unsustainable foreign policy of giving vast amounts of money for loyalty to counties such as Saudi Arabia, Israel and Pakistan but we also try to keep funding a military presence in over two hundred countries not to mention the super costly wars that cost over 10 billion dollars a day. On top of that, we continue to try to pay for costly unsustainable programs here domestically such as social security, medicare, medicaid and the war on drugs.
  
  If we actually made some of those 'tough' decisions and cut spending both foreign and domestic we could cut almost 100% of all income taxes, be able to spend money on critical infrastructure and be able to pay off our national debt.
  
  It is sad, that we have lost touch with who we were and for what we stood. It is even more sad that people like you allow it to happen.
  - GammaStream, on 11/12/2008, -5/+2Gold standard isn't wacky? Are you kidding me!?!
    
    And I allowed it to happen? Please, if I lived in the US I might be in some way responsible.
  - 8m4ck, on 11/12/2008, -2/+2Fiat currency isn't wacky? Are you kidding me!?!
    
    Under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth. The abandonment of the gold standard for fiat currency makes it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit. In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
- 8m4ck, on 11/12/2008, -3/+7There is nothing "truly wacky" about his social policies, they're Constitutionally sound. It's just that you've become complacent with our government's un-Constitutional legislation. If you disagree with the Constitution, amend it... but don't violate it.
zeitgueist, on 11/12/2008, -11/+6Yes, after the economy goes to ***** over lack of regulation, we should listen to a guy who wants even less. Booya.

He's right on a lot of things, but he's an idiot as far as economics. Cue the gold-standard loons.
- thechr0nic, on 11/12/2008, -4/+8isn't it ironic that government intervention caused the very mess we are in now and you call for even MORE intervention.
  
  Try to remember such things as:
  -The federal reserve lowering interest rates to encourage vast amounts of lending enabling the housing bubble
  -The federal government enacting feel good politically popular measures such as the Community Reinvestment Act that 'made housing affordable' even for people who couldn't afford it; This act encouraged banks to give out loans to those who normally would have been disqualified for a loan.
  lets not even mention
  -crippling regulations on businesses such as the Sarbanes Oxley Act
  -Taxes on businesses that made it more affordable to simply relocate to a foreign country, depriving the rest of us of jobs and revenue for the government.
  
  If we allowed the market to work, businesses/banks who make bad decisions would be allowed to fail, which would encourage others to minimize poor decision making. Every boom and bust and subsequent recession and then depression have all been attributed back to intervention into the markets.
  
  As far as sound currency goes, we dont need to simply switch to a 'gold standard', it doesnt even need to be gold. What would make more sense is to 'allow' competing currencies to be used; gold, platinum, diamonds, copper, shinny pebbles (anything that has REAL value). If the dollar stays strong, then we would obviously continue to use the dollar. If the dollar tanks in value, then we would have an option to use currency that is less prone to inflation. The founding fathers saw the wisdom in using currencies of 'actual' value; unlike the dollar which is a fiat paper money, based on 'NOTHING' but our governments super trustworthy word that it is good.
  for an example of how bad a fiat money can get, I would like to direct your attention to the Zimbabwe dollar which conservatively has a 250 million percent inflation rate. When you write a check in Zimbabwe, they force you to write it for double the amount, because by time the check clears, it has already lost half its value.
- wishninja, on 11/12/2008, -2/+6Keep eating up the liberal propaganda.
- Bilabrin, on 11/12/2008, -1/+4Okay I'll bite.
  
  I really don't understand how since just 1970 (the last year that we were tied to the gold standard) the Gold standard became a radical loony idea. In fact the supposition itself is radical and loony. Going off of the Gold standard means that the dollar is tied to nothing and therefore has no means of retaining value.
  
  I've heard all of the silly gold opponent ideas about gold actually not being a good store of value because it can be mined, undermining the scarcity but believe me, they can't mine gold (a value added process BTW) at even a millionth of the rate which we multiply the # of federal reserve notes in circulation.
  
  What we will see over the next few years is a final indictment of all of the following:
  
  1. The Federal Reserve.
  2. Bretton woods agreement.
  3. Protectionist tariffs. (Which are a special interest BTW)
  4. Farm subsidies.
  5. Minimum wage laws (which drive jobs overseas to grateful Chinese/ Indians/ Mexicans etc..)
  6. Legal privileges for unions (which drive jobs overseas to grateful Chinese/ Indians/ Mexicans etc..)
  7. Entitlements/ The Great Society (Which disincentivize success)
  8. Fiat Currency (Non- gold backed paper notes)
  9. Banks (Which engage in de- facto counterfeiting by expanding the money supply via the broken fractional reserve system)
  10. Buying with credit (as opposed to saving up THEN buying)
  11. The New Deal =(Which it is now agreed extended the great depression by 7 years)
  When the above problems are remedied, prosperity will reign.
  
  In the meantime, I recommend a little butter on your Ramen noodles if you can afford it.
SchmuckofNI, on 11/12/2008, -2/+2Duh.
patricklove, on 11/12/2008, -8/+5hey, guess what, it was a lack of regulation that got us into this mess. Now, what is Dr. Paul's answer written in stone on mount Digg? Eliminate as much government involvement in society as possible, including GOVERNMENT REGULATION. And his laissez-faire attitude towards wealth is great, except for all of the sociologists who had found conclusive evidence pointing to the fact that children raised in a laissez faire state do not have the resources to compete, if they're from a poor background. Ron Paul is not the answer, Digg!
- nicoban, on 11/12/2008, -3/+5Why on earth would you go to Sociologists to get economic advice? See thechr0nics' statement above please. He sums up pretty well what you seem to have little to no grasp on.
- Bilabrin, on 11/12/2008, -1/+3No, it was not lack of regulation which got us into this mess, it was half-assed regulation. Regulation with loopholes which was poorly enforced sold as regulation. Ron Paul is simply stating that you can't play a rigged game and win so "buyer beware" instead of "here take my hand as we stroll off this cliff."
algaeturd, on 11/12/2008, -1/+7And meanwhile, the republican party is trying to tar and feather him. For what?
Speaking like a true conservative in a party of Neocons?
People talk about bringing conservatives and liberals together to solve things...meanwhile, the republican party can't even reach over to the real conservatives within their party.
It's a mess and it makes me laugh. We know Paul was right. But the republican party is still trying to shush him and keep people from figuring out he's been talking about the problems and proposed solutions for more than a decade.
Damn, it sucks that America is in the state we're in but it must feel good to Dr. Paul knowing he called all this long ago and was laughed at by his very own party.
- Reddog_x2000, on 11/12/2008, -0/+3Exactly. the GOP sold out and is ostracizing one of it's few members who didn't sell out with it.
elshizzo, on 11/12/2008, -8/+1Government spending did NOT cause the recession/depression we are in, that's a ludicrous assessment. What caused the mess we are in are republican policies of redistributing the wealth to the already wealthy. Mortgages are going bust because people don't have the money to pay them, because people are making less, paying more for necessities, and losing their jobs.

In fact, Government spending [if it were to be spent wisely] is the only thing that will probably bring us OUT of this economic hellhole.
- thecoolestguy, on 11/13/2008, -1/+2Government spending has mostly redistributed wealth to the already wealthy.
  
  Nearly half of the 20 richest counties in the US are suburbs of Washington DC.
  
  One of Obama's closest advisors was a former executive of Fannie Mae, who got a $25 million in bonus before he left Fannie.
  
  You should check out some of the close relationships between leading Democrats in Washington and Fannie/Freddie/etc.
- joelbow, on 11/17/2008, -0/+1Another Koolaid drinker. The government is going broke (one half TRILLION dollars in extra debt in October alone) and this genius thinks we can spend our way to prosperity: It just won't work.
dukeeeey, on 11/12/2008, -1/+9This is what you get from straying away from the constitution America.
mooseontheloose, on 11/12/2008, -7/+2GO GO RON PAUL RANGER!
AnotherDiggGuy, on 11/12/2008, -1/+14Obama has nothing on Ron Paul

Ron Paul uses common sense to gain support > Obama uses peoples emotions to gain support
reed311, on 11/13/2008, -5/+1Sigh... This is the same guy who predicted a new currency will be put in place on November 15th of this year, on the Alex Jones show. As well as hinting that there is an NWO who picks the Presidential candidate years in advance. As well as there going to be a draft for the Iraq War. As well as the theory of Evolution is false.

The majority of these banks were absorbed by other banks and most economists are predicting that the economy will turn around sometime next year after Wall Street stops panicking. Ron Paul has made a career out of fear. Whether it was telling the subscribers of his newsletter to be fearful of blacks or his current supporters to be fearful of everything under the sun; from the Fed to the CFR to the US dollar. This is a time for real-world solutions and not fear mongering and Ron Paul/Alex Jones propaganda.
FindLiberty, on 11/15/2008, -0/+3nice graphic here at cafepress (dollar sign, zig zag arrow headed downward over map of usa - "Ron Paul Was Right") ://images5.cafepress.com/product/309808335v1_350x350_Front_Color-YellowGold.jpg

http://images5.cafepress.com/product/309808335v1_3 ...
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It Turns Out That Ron Paul Was Right After All

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It Turns Out That Ron Paul Was Right After All

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