Best of the Week
Most Popular
1. Next Financial Crisis Is Already Here! John Lewis 99% Profits CRASH - Retail Sector Collapse - Nadeem_Walayat
2.Why Is Apple Giving This Tiny Stock A $900 Million Opportunity? - James Burgess
3.Gold Price Trend Analysis - - Nadeem_Walayatt
4.The Beginning of the End of the Dollar - Richard_Mills
5.Stock Market Trend Forecast Update - - Nadeem_Walayat
6.Hindenburg Omen & Consumer Confidence: More Signs of Stock Market Trouble in 2019 - Troy_Bombardia
7.Precious Metals Sector: It’s 2013 All Over Again - P_Radomski_CFA
8.Central Banks Have Gone Rogue, Putting Us All at Risk - Ellen_Brown
9.Gold Stocks Forced Capitulation - Zeal_LLC
10.The Post Bubble Market Contraction Thesis Receives Validation - Plunger
Last 7 days
Palladium Shortages Expose Broken Futures Markets for Precious Metals - 9th Dec 18
Is an Inverted Yield Curve Bullish for Gold? - 9th Dec 18
Rising US Home Prices and Falling Sales - 8th Dec 18
Choosing Who the Autonomous Car Should Kill - 8th Dec 18
Stocks Selloff Boosting Gold - 8th Dec 18
Will Weak US Dollar Save Gold? - 7th Dec 18
This Is the End of Trump’s Economic Sugar High - 7th Dec 18
US Economy Will Deteriorate Over Next Half Year. What this Means for Stocks - 7th Dec 18
The Secret Weapon for Getting America 5G Ready - 7th Dec 18
These Oil Stocks Are a Ticking Time Bomb - 7th Dec 18
How Theresa May Put Britain on the Path Towards BrExit Civil War - 7th Dec 18
How easy is it to find a job in the UK iGaming industry? - 6th Dec 18
Curry's vs Jessops - Buying an Olympus TG-5 Tough Camera - 5th Dec 18
Yield Curve Harbinger of Stock Market Doom - 5th Dec 18
Stock Market Crashed While the Yield Curve Inverted - 5th Dec 18
Global Economic Outlook after Trump-Xi Trade War Timeout - 5th Dec 18
Stock Market Dow Plunge Following Fake US - China Trade War Truce - 5th Dec 18
Subverting BREXIT - British People vs Parliament Risks Revolution - 5th Dec 18
Profit from the Global Cannabis Boom by Investing in the Beverage Industry - 4th Dec 18
MP's Vote UK Government Behaving like a Dictatorship, in Contempt of Parliament - 4th Dec 18
Isn't It Amazing How The Fed Controls The Stock Market? - 4th Dec 18
Best Christmas LED String and Projector Lights for 2018 - Review - 4th Dec 18
The "Special 38" Markets You Should Trade ebook - 4th Dec 18
Subverting BrExit - AG Confirms May Backstop Deal Means UK Can NEVER LEAVE the EU! - 3rd Dec 18
The Bottled Water Bamboozle - 3rd Dec 18
Crude Oil After November’s Declines - 3rd Dec 18
Global Economic Perceptions Are Shifting - Asia China Markets Risks - 3rd Dec 18
Weekly Charts and Update on Equity Markets, FX Trades and Commodities - 3rd Dec 18
TICK TOCK, Counting Down to the Next Recession - 3rd Dec 18
Stock Market Key (Short-term) Support Holds - 3rd Dec 18
Stocks Bull Market Tops Are a Process - 3rd Dec 18
More Late-cycle Signs for the Stock Market and What’s Next - 3rd Dec 18
A Post-Powell View of USD, S&P 500 and Gold - 2nd Dec 18
Elliott Wave: SPX Decision Time Is Coming Soon - 2nd Dec 18
Junior Gold Stocks Q3’18 Fundamentals - 1st Dec 18
Little-Known BDC Stocks Thrive Amid Rising Rates and Earn Investors +7% Yields - 1st Dec 18
Ray Dalio: This Debt Cycle Will End Soon - 1st Dec 18
Bank of England Warns UK House Prices 30% BrExit Crash! - 1st Dec 18
Gold Fundamentals Improving but Not Bullish Yet - 30th Nov 18
What the Oil Short-sellers and OPEC Don’t Know about Peak Shale - 30th Nov 18
Global Economic Perceptions Are Shifting Imnplications for Stock Market - 30th Nov 18
The US Economy is Getting Worse. What this Means for Stocks - 30th Nov 18
Trailblazers Leading the Way in Online Reputation Management - 30th Nov 18
The Shift in Trend from Physical Printers to Online Printers - 30th Nov 18
UK House Prices 2019 No Deal BrExit 30% Crash Warning! - 30th Nov 18
Stocks Rallied, New Uptrend? - 29th Nov 18
The Fed Will Probably Stop Hiking Rates in 2019. What’s Next for Stocks - 29th Nov 18
Love. Fear. Inflation. A Precious Metals' Trifecta - 29th Nov 18
GBP/USD – Double Bottom or Further Declines? - 29th Nov 18
Stock Market Santa Rally Still a GO to Dow 27,000? - 29th Nov 18
UK Government and Bank of England BrExit Economic Armageddon Propaganda - 29th Nov 18
Why the Crude Oil Price Collapsed to $50 - 28th Nov 18
Gold Joins the Decline – the Earth is Shaking - 28th Nov 18
Watch This Picture As Asset Prices Fall - 28th Nov 18
GE’s Stock Price Crash Holds an Important Lesson About Investing - 28th Nov 18
5 Rules for Successful Trading - 28th Nov 18
Dollar Trend Imposes: EURUSD to Fall to 1.11 - 28th Nov 18
Gold, Original Money, Fiat Money - 28th Nov 18
When Will the Stocks Bull Market End? - 28th Nov 18
Looking ahead: Why the Smart Money is Investing in Green Energy - 28th Nov 18
The Yield Curve Will Invert Soon. What’s Next for the Stock Market - 27th Nov 18
Silver Trading and the Hands of a Broken Clock - 27th Nov 18
What's Inside SMIGGLE Christmas Advent Calender 2018 - 27th Nov 18
Investing in Recession Proof Trailer Parks - 27th Nov 18
The Advantages and Disadvantages of Debt Consolidation - 27th Nov 18
GDX, This Most-Hated Stock Could Return You 140% in Just a Few Months - 27th Nov 18

Market Oracle FREE Newsletter

How You Could Make £2,850 Per Month

Will Rand Paul Lead a Tea Party Revolution from Washington, D.C.?

Politics / US Politics Dec 01, 2010 - 12:49 PM GMT

By: Stephen_Merrill

Politics

Best Financial Markets Analysis ArticleThe national Tea Party movement had an amazing, if bumpy, first effort in electoral politics.

As many as five new US Senators are considered tea partiers. As many as twenty new Republican US Representatives are aligned with the Tea Party. This group of new congress-people is a diverse lot though when it comes to formulating public policy.




Indeed, the amorphous Tea Party movement does not share much beyond unifying themes, primarily in the area of returning to smaller government overall and fiscal responsibility.  Foreign policy and social issues have not been directly laid on the table by the Tea Party anywhere in sight.

Indeed, nothing beyond the present general themes may ever come from a united national Tea Party movement. Well, as united as it can be.

That is not to say that many tea partiers do not wish to see the movement take strong positions on American politics on subjects across-the-board. Many in the movement see the question of endless warfare and the defense budget as something a fiscally responsible government has to reduce substantially. Some believe that all entitlements, federal and state, should be abolished over the shorter run. Others in the movement find a revolution away from government schooling as the most important fundamental change needed toward becoming a free and prosperous nation again. There are the gun rights advocates with a case to make. Activists from family oriented groups see the need to return to the social practices of past American generations as central to a Tea Party revolution. There is little unity on many of these subjects so far.

So, it seems a comprehensive national approach to the issues from the Tea Party in 2012 is a remote possibility. There is though one soul in the national debate who may well become liberty's champion in 21st Century America and unite the national Tea Party.

It does not hurt to be the son of a congressman when learning public policy and seeking public office. It is quite impressive however to see any unknown Tea Party candidate win a Senate seat in Kentucky by a quite comfortable margin, 56-44. The true victory though is that the candidate has and will always be for liberty across the board.

Like his father Ron often called a Libertarian, Senate-elect Rand Paul has always been a Republican, but a singular kind of Republican. Thus far it seems Rand Paul's public policies differ from his father's libertarian beliefs only at the margin. He is the truest form of traditional Constitutionalist and natural freedom fighter. As his Kentucky Senate race proved, Paul's personal character and policy consistency is beyond reproach. He has yet to dilute his message with statist appeals of any kind. His policy retreats in the face of fear-mongering have been mild and tactical.

Rand Paul adopted liberty philosophy in his soul a long time ago. Not understood by many in power, the realization of his small government philosophy is so much more important to Rand Paul than his personal promotion is. His message of liberty may be slightly muted at times, but it will not be silenced for long on most subjects. Willing to be a negotiator, he is unwilling to approve new laws that overall diminish liberty or advance special interest greed. Senator Paul knows that only liberty for everyone is the way for society to truly prosper so people can best pursue their dreams. It always has been so as world history so plainly proves. Rand's father Ron Paul, over more than two decades in Congress, has never voted in favor of an unconstitutional bill and obviously never will. Only months into his Congressional career the lobbyists stopped knocking on Congressman Paul's door. His son will surely pursue the same goals.

Even if Tea Party true believers in the Senate were to number as many as five or even ten it is unclear how this voting block could advance a liberty agenda that passes into law, or even get much smaller measures for liberty passed.  It will take deft maneuvering in the Senate and in the House to enact bills that pair away the powers of the federal government despite the clear verdict of the American electorate this year for the Congress to do so. Efforts like abolishing the departments of education and commerce will not be seriously considered by a 90% Republicrat Congress. Sadly, neither will abolishing the Federal Reserve Bank or ending foreign warfare.

So Senator Paul and the Tea Party will have to wait until at least until 2012 to see if a liberty revolution is possible in Washington, D.C. By then a nation of good Tea Party candidates may have formed.

That will, of course, not stop Senator Paul now from introducing a balanced budget law financed by spending cuts alone effective immediately as the first order of business for the new Congress. That should show who the true believers in liberty are in the Senate right from the start.

A balanced federal budget is what is most needed right now for the Republic, whether one is passed this year by Congress or not. In other words, the truth is coming to the Senate each and every day from now on. The truth in US politics has a new leading champion.

By Stephen Merrill,

Stephen Merrill is a trial lawyer practicing in Anchorage, Alaska. He was a founder of the Tidewater Virginia Libertarian Party in 2001, the most successful Libertarian Party affiliate in the nation. He is now a founder of the Anchorage Tea Party.  Mr. Merrill is the editor of the Hampton Roads Freedom News.   http://FreedomNews.US 

© 2009 Copyright Stephen Merrill,- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules