As much as it pains me to do this (ok, maybe it doesn't) it is that time of the election cycle once again. It seems that every four years, Ron Paul shows up at a debate and says some things that are so good on domestic issues that some Republicans forget the insanity of his foreign policy and they start getting excited about his candidacy. Perhaps you are one of those people. If not, you may know one. If you are not one and you don't know one, you can usually find one on an internet forum board typing in all caps with horrible spelling. If you recognize any of these traits in yourself, or someone you know, please read this and share it with the others. Ron Paul will never be President of the United States, and his candidacy is a complete non-starter to most Republicans because Ron Paul is a bigot. Now I know, that is strong language. And perhaps you don't want it to be true so badly that you will convince yourself it is not. That is fine too, because you will see here that I can make such a convincing case that it doesn't matter if it is true or not. He can never win
Over the course of the weekend, a story broke about a camp in Texas where Rick Perry and his father have leased land and hunted. As we know, if you are a Republican running for President, anything you have ever done over the course of your life will be put under the microscope, along with whom you may have done it with and where the events occurred. If you are a Democrat who served on boards with and had campaign events hosted by a guy who blew up a building or two, that may not be an issue for you. If however, you are a Conservative that hunted on some land that some people have attached a racist name to? Yea, stand by for some problems. So while the firestorm that is coming from the left is to be expected, I was a bit surprised that Herman Cain decided to jump on board and bottom-feed on this issue. First, the controversy.
It's amazing how much can change in 3 years. In 2008, it was a Senator who told us that it was the policies of a President that were responsible for the shape of the economy. Now that Senator is President, and he is telling us that it is the failure of the Senate to work with him that is shaping our economy. 3 years ago, 7.2% unemployment was the worst economy since the Great Depression. Today, 9% unemployment is a recovery. $8 trillion in debt was unsustainable then. $12 trillion isn't enough now. It has been only 3 short years since the man who is complaining about Congress not working with him told us we should not vote for the other guy because he voted with the President 80% of the time. Yes, a lot has changed in the last 3 years. But do you remember then Senator Obama's reaction to Phil Graham's take on the economy?
Billionaire Warren Buffett recently wrote an op ed for the New York Times in which he complained that he just wasn't being taxed enough. He griped that he and his "mega-rich" friends had been "coddled long enough" and it was time for our Government to get serious about "shared sacrifice". President Obama seized on this opportunity to propose the "Buffett Rule", which would ensure that millionaires are taxed at a higher rate than their non millionaire counterparts. We are supposed to pay no attention to the fact that the average American pays 16% of their income in federal taxes, while the average millionaire pays 20%, which means that this is already happening without the Buffett rule. I suppose that we are also supposed to pay no attention to the fact that Warren Buffett not only has the opportunity to pay more taxes than he already is, but he also has a damn good reason to.
Recently, Paul Krugman was on CNN describing how an alien attack would help our economic recovery. If you have not already seen it, no, this is not a joke. He said it and repeated it, so it was not a slip up either. In the video below, I have a little fun at his expense pointing out how silly of a notion it is, and discussing what it means for the Obama economic efforts if some far out scenario is needed to make his plans work. What I did not address in the video is the intellectual dishonesty contained in Paul Krugman's statement. In 2003, Paul was speaking at Berkley when he said the following. (below video)