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Thread: Rand Paul wins, and libertarians rejoice

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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by hazlnut View Post
    Libertarians are rejoicing for a Republican?

    Wouldn't they rather see, um... a Libertarian?
    The term "libertarian" can refer both to the American political party (capital L) and the ideology (lowercase l). Libertarian Party members are generally considered to be way out of the mainstream, but Rand's a fairly moderate libertarian.

    Besides, I'm willing to guess that Libertarian Party members generally prefer a Republican over a Democrat.

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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by chevydriver1123 View Post
    The fact the the Feds cant **** around with the supply is one of the reasons to embrace a hard money policy. The reason our currency has devalued over the years is because the Fed creates money out of thin air.
    So what? Why the obsession with our currency devaluing? It's not like we have hyperinflation. If it happens over the scale of decades, it's barely noticeable.

    Or do you think that a weak dollar in general is a bad thing? If so, why?
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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by Black_Zawisza View Post
    Can you please explain the difference to me, other than the fact that the crisis is centuries away rather than years?
    If our currency's half-life is a couple decades instead of a couple days, then it doesn't affect stability. People don't have to rush out to spend their money as soon as they get it. And you don't need to carry truckloads of money with you wherever you go, because the government has ample time to see the inflation and just circulate whatever denominations of money would actually be practical for people to use. And you can borrow money in your own currency at a reasonable interest rate, because it's a credible source of value.
    Last edited by Kandahar; 05-19-10 at 05:04 PM.
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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by Kandahar View Post
    If our currency's half-life is a couple decades instead of a couple days, then it doesn't affect stability. People don't have to rush out to spend their money as soon as they get it. And you don't need to carry truckloads of money with you wherever you go, because the government has ample time to see the inflation and just circulate whatever denominations of money would actually be practical for people to use. And you can borrow money in your own currency at a reasonable interest rate, because it's a credible source of value.
    In a century the intrinsic value of a $1 bill as flammable material will be higher than the value the government will give it. The penny will be worth more as melted zinc than it will as money. Are we just going to burn and melt all that dough away, and with it all the money it took to print it?
    Last edited by Black_Zawisza; 05-19-10 at 07:13 PM.

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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by Black_Zawisza View Post
    In a century the intrinsic value of a $1 bill as flammable material will be higher than the value the government will give it. Are we just going to burn all that dough away, and with it all the money it took to print it?
    Essentially, yes. The government takes certain money out of circulation all the time and introduces new money. The lifespan of any given bill is only a couple years anyway. Phasing out $1 bills eventually will cost virtually nothing, and is hardly a sound justification for pegging our currency to gold.
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    Re: Rand Paul wins, and libertarians rejoice

    Small amounts of inflation is a good thing. It discourages people from just sitting on their money, because if they do so it will lose value. Instead, they invest it/spend it which is what we need for a healthy economy. With zero inflation or deflation, people would be more inclined to just keep their money under the proverbial mattress.

    Inflation is like dark chocolate!
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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by danarhea View Post
    What I am seeing at the present time is REAL Tea Partiers taking over, and not the fake Tea Party Express, which has been attempting to hijack the movement. I was harsh on them for a while, but now I am very optimistic that the real McCoy is going to take the party back, and not the fakes.
    They may have made the right decision in Kentucky by helping Rand Paul get elected but you have to admit that they messed up in the Texas primary by electing Rick Perry instead of the Libertarian candidate Debra Medina. One more fact is that in these two elections, Both candidates that won were endorsed by Sarah Palin so doesn't that bother you a bit because it seems as if they are leaning a lot where she leans?
    "The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group." - Franklin D. Roosevelt

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    Re: Rand Paul wins, and libertarians rejoice

    I have to say--while I'm not totally won over by RON Paul, I do enjoy hearing him speak and think he has some interesting ideas.

    But his son, Rand, is kind of a loudmouth. Not at all thoughtful and articulate like his father.

    What was all that calling out President Obama? He does realize he's still running for office and that office is in the Senate?

    These extended election cycles have got to stop. We pay them to work, not run for office.

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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by hazlnut View Post
    I have to say--while I'm not totally won over by RON Paul, I do enjoy hearing him speak and think he has some interesting ideas.

    But his son, Rand, is kind of a loudmouth. Not at all thoughtful and articulate like his father.

    What was all that calling out President Obama? He does realize he's still running for office and that office is in the Senate?

    These extended election cycles have got to stop. We pay them to work, not run for office.
    Ron Paul's demise was during the primaries, when the GOP was circling the wagons after the Bush fiasco, he went on record criticizing the party. His points were on and his honesty was beyond reproach. But you just don't tell a rightwinger they're wrong about anything. Even if it is the truth. They have their own version of truth. Open mouth, insert foot.

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    Re: Rand Paul wins, and libertarians rejoice

    Quote Originally Posted by hazlnut View Post
    What was all that calling out President Obama? He does realize he's still running for office and that office is in the Senate?
    Judging by everything that's gone on since Pres. Obama got elected I actually think it's a good idea for Rand Paul to call him out. Just think about it, Everyone the President has endorsed in their election ended up losing: John Corzine, Martha Coakley, Arlen Specter, and one who might lose in a run off next month Blanche Lincoln. So looking at that record is almost telling you that if the President endorses Jack Conway, Then it's an automatic victory for Rand Paul.

    I thought it was funny when he said that he'd pay for his plane ticket to come out to Kentucky, That was pretty interesting.
    "The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group." - Franklin D. Roosevelt

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