Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Ron Paul and the Killing Machine

Politics / US Politics Jan 01, 2012 - 06:02 AM GMT

By: Mike_Whitney

Politics

Ron Paul is the only antiwar candidate who has a (microscopic) chance of winning in 2012. He’s also the only candidate who will make an effort to restore the Bill of Rights and reverse Congress’s decision to allow the president to “indefinitely” imprison American citizens without due process. For these reasons alone, Paul should garner the support of leftists, liberals, and progressives. But he won’t, because liberals are convinced that Paul will try to dismantle the social programs upon which the elderly, the infirm, and the vulnerable depend.


These concerns are not without foundation. Paul opposes government meddling in the market and sees Medicare, Medicaid, and Social Security as steps towards socialism. That means, there’s a good chance that these programs will come under fire if Paul is elected. The question is: How should we balance our concerns about Social Security with our opposition to the war(s)? To answer that question, we need to create a “hypothetical”.

Let’s say, Paul surprises his critics and wins the presidency in a landslide victory in November 2012. Then–in his first public appearance as president–he issues an executive order to stop all Social Security payments immediately, thus cutting off the meager revenue-stream that millions of the nation’s elderly need to scrape-by.

Isn’t this the worst-case scenario? Isn’t this what liberals are really worried about?

Okay, so let’s say it all goes-down just as we said. Let’s say Paul tries to strangle Social Security from Day 1. Isn’t that still infinitely better than another Falluja, another Haditha, another Abu Ghraib, another bombed-out wedding party?

Yes, it’s wrong to deprive the sick and elderly of some pittance so they can eek by, but is it as wrong as blowing women and children to bits in their own country, in their own cities, in their own homes?

It’s a question of priorities, right? So, what’s more important; ending the bloodletting or some potential threat to Social Security?

Paul will stop the killing. We should use our vote to do the same.

By Mike Whitney

Email: fergiewhitney@msn.com

Mike is a well respected freelance writer living in Washington state, interested in politics and economics from a libertarian perspective.

© 2011 Copyright Mike Whitney - 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.

Mike Whitney Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Dan Smith
01 Jan 12, 13:31
Ron Paul

The problem with your hypothetical is that it is completely opposite of Dr. Paul's stated vision for Social Security. He has stated that he would use the money saved from ending foreign wars, closing all overseas bases and ending all foreign aid to FUND Social Security so that those reliant upon it are NOT abandoned. True, he would try to transition our nation away from government dependence by allowing those 25 and under to opt out of SS, but he would most definitely NOT do anything close to your hypothetical.


moik
02 Jan 12, 02:25
Echo

Dan Smith is correct. I appreciate the conclusion of your article but your hypothetical is not properly informed. Thanks Dan for taking care of the explanation.


Post Comment

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