Ron Paul Post Republican Debate (video)

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OCTOBER 11, 2007 CNBC

OCTOBER 11, 2007 CNBC
YOUR MONEY YOUR VOTE REPUBLICAN DEBATE

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Republican Debate: Your Money, Your Vote (vids; links; updated)

Tucker: Ron Paul (video)

3 thoughts on “Ron Paul Post Republican Debate (video)

  1. You’re just repeating Paul’s talking points about money and inflation. The reality of the matter is simple. Let me explain again:

    Can state governments regulate interstate corporations? The answer is NO. They are inherently incapable of significantly regulating interstate production and commodity chains.

    Can the federal government regulate interstate coroprations? The answer is YES. The federal government covers all 50 states, therefore it can effectively regulate interstate production and commoditiy chains.

    Can states affect global trade? Of course not. The federal government is the only entity big enough – and we do after all have the largest economy – to affect global trade. States are at an almost complete disadvantage when it comes to global trade.

    The fact that federal government does not presently do a good job of regulating corporate capitalism means that we have to reclaim the federal government for the people, not take that potential power away.

    Taking away potential power from the people by devolving power to the states puts the people at an even greater disadvantage than they are presently.

    Devolution, along with globalization, is in fact what has caused our wages to fall and union density to decline, which has dramatically lowered our standard of living. Paul wants even more of the same.

    People living in Iowa can kiss their standard of living goodbye if this guys ideas ever become reality.

  2. you are completely wrong.

    the modern corporation is the result of big government largesse. corporate “personhood,” no-bid contracts, subsidies, subsidies, subsidies, rules and regulations that make competition from smaller enterprises impossible, bailouts of the kind we saw from the federal reserve and the wall street lending firms, “managed trade” through the trade agreements that centrally plan and dictate to third world countries what they can import and export, etc. etc.

    the corporations are terrified of ron paul because they cannot exert power over a limited, constitutional government that wouldn’t be able to implement the special interest group policies via stealth and the prospect that small business owners would be able to compete in an open marketplace and beat them at their own game.

    asking the federal government to “regulate away” the bad evil corporations is like asking a mother wolf to eat her children.

    besides, the government can only redistribute existing wealth and counterfeit wealth by printing money and inflating the currency. if you really want to help the poor, you have to create new wealth, and this can only be done in the private sector. remember, when economists talk about “giving it to the market,” they mean giving it to us, the consumers, the buyers and sellers, the entrepreneurs and small business owners who create local culture in their communities, not the bureaucrats and self-styled platonic guardians in washington who are so out of touch with the american people as to be treasonous.

    the problem with your approach is that you need near-perfect “regulators” in the right offices to accomplish your tasks. it is much easier to own, control and manipulate a relatively small centralized group of regulators than it is a diverse and varied local population. i would much rather trust the consensus of the individual states and the millions of people who participate in the market every day than a handful of looters and bandits who think they can save the world.

    -b-

  3. Paul has got it all wrong.

    The only entity big enough to control corporate America – and corporate America is the main problem here – is the federal government. The problem is not that the federal government is too big, but that it’s insufficiently democratic – it doesn’t serve the people’s interests, rather it serves the interests of capitalists.

    Devolution to the states means putting political power in the hands of entities that are so small in scope as to be entirely unable to regulate corporate power. We’ve been doing this for years – cutting taxes, deregulating, etc. – which has only served to concentrate corporate power in corporations – and further devolution, which is what Paul advocates, will only make the problem worse.

    Thinks about it: The problem with the global economy is that transnational mega-corporations can railroad most countries into doing their bidding because of the size and scope of the former. The same principal holds for economic activity internal to nation-states. Paul wants to exacerbate the very problem that is crushing working people!

    Moreover, devolution forces states to cut services and raise consumption taxes, regressive actions that only hurt the poor.

    What we need is a federal government that represents working people and reins in corporate America through taxation and regulation. We need a federal government that enforces labor, environmental, and health and safety laws and regulations FOR THE PEOPLE. We need the opposite of what Paul advocates.

    Not only is the man a states rights conservative, he’s a political economic dunce! His arguments in this video completely disqualify him as the people’s candidate among rational minds focused on what’s best for ordinary working Americans.

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