Ron Paul

Chalking up the nomination
As reported on by Max Stendahl

Ron PaulWho is Ron Paul? That’s the question many Villanova students are asking themselves and each other after the latest case of political sidewalk-chalking by a group of anonymous Ron Paul supporters. The rogue chalkers, who make their mark on campus under the dark of night (and who shall remain nameless, though this reporter knows), struck again in time for the Monday morning walk to class. If you’ve been in too much of a hurry to read what they’re writing, or if you simply haven’t had the time or energy to search Ron Paul’s name on the web, here are a few important facts about the Republican Presidential candidate.

  • He is a member of the U.S. House of Representatives from Texas’s 14th district
  • He placed a distant third in the 1988 Presidential election, running as a Libertarian nominee, though he has also been called a Constitutionalist and a conservative
  • He voted against the Iraq War Resolution but in favor of force against terrorists in Afghanistan
  • He supports free trade and opposes amnesty and birthright citizenship for illegal aliens
  • He has pledged never to raise taxes, instead favoring an end to the federal income tax and a reduction of government spending by abolishing most federal agencies
  • He opposes the Patriot Act, the War on Drugs, and gun control
  • He is pro-life, advocates the overturn of Roe v. Wade, and supports states’ rights to determine the legality of abortion
  • In the 2008 race, he is faring well in both straw polls and fundraising, but has not done well in phone polls of Republican voters; his online success is perhaps best out of all candidates
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4 responses to “

  1. I find Dr. Paul’s candidacy to be quite exciting, or at least entertaining. It’s fun to see people so involved, especially students on Villanova’s campus.

    If he didn’t make really bone-headed remarks about the economy, I would pay a lot more attention to him. He just has some fringe views, which are ridiculous, and that ruins him for me.

  2. James, would you like to expound upon Dr. Paul’s “boneheaded remarks” about the economy? He takes the traditional conservative view of small-government and free-markets. Until the Bush Administration, this was the mainstream-Republican viewpoint on the economy — epitomized by Ronald Reagan.

    Or perhaps you’d like to comment on his fringe views? Which ones? The fact that he doesn’t want to spend TRILLIONS of dollars that the government doesn’t have?

    Maybe you’re referring to his promise to eliminate the Federal Reserve? Would it be any less “fringe” if you knew that JFK wanted to end fiat money as well? OR maybe if you had heard that Alan Greenspan himself has expressed his doubts about the Fed on numerous occasions.

    Just because the Media wants you to believe that Dr. Paul is insane doesn’t mean he is.

    He is a firm believer in the policies and theories of the well-respected Austrian School of economics. Unlike some other candidates, he isn’t pulling these economic policies out of a poll that landed on his desk, he has studied this school of economics, and is fully supported by professional economists from that school.

  3. I wouldn’t argue that any of the candidates understand economics any better than Ron Paul. I wasn’t comparing him to anyone.

    I don’t care if JFK wanted to end the use of fiat money, although I have never heard that. Occassionally, this becomes a very popular drumbeat, but that doesn’t give it any legitimacy. The use of a hard currency is an extraordinarily dated concept. There isn’t enough gold in the world to support the world’s money supply either.

    Elimination of the Federal Reserve will leave us with no central authority to set lending rates or to expand and contract the money supply, thus controlling growth and inflation. Without these instruments, we will return to the age of tremendous booms followed by tremendous busts, every few years. The intention of monetary policy is to “smooth out” the cyclical nature of economics so that the fluctuations don’t ruin people’s lives, and the wellbeing of our country.

    Very, very few economists will argue in favor of a return to a hard currency standard. Your presumption that his views are consistent with leading economic thought is simply false. Sorry.

    I don’t like having an unbalanced budget either, Brian. The credit worthiness of US debt is declining, and that’s a legitimate concern. Let me present you the following quotes that worry me. Any serious student of business or economic history would be similarly troubled:

    “History proves the Fed should and will be abolished like the scam it is.”

    “It is a mechanism to create wealth at the very top.”

    “It is a tool of the oppressors!”

    “It must be Abolished.”

    “Death to the FED!!!!”

  4. Brian,

    Fortunately for JFK, the US did not have a true fiat currency during his presidency, thus no need to end it. The US (and much of the industrialized world) was in 1963 on the Bretton Woods System, a credit-based system that relied on the convertibility of the US dollar to gold at a fixed price. It wasn’t until 1971, 8 years after Kennedy’s assassination that President Nixon took the US completely off the gold standard.

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