SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (62943)5/2/2008 10:12:01 AM
From: Suma  Read Replies (3) | Respond to of 541957
 
Thank you for that review. I was very pro Ron Paul when he was running and sorry to see that he did not get the support he needed to glean the nomination.

I am in accord with many of his ideas and will plan to get the book.



To: Gersh Avery who wrote (62943)5/2/2008 10:45:36 AM
From: KonKilo  Read Replies (1) | Respond to of 541957
 
They may disagree about when and where to use foreign intervention, but never over whether it should be used at all. They may disagree over how fast interest rates should be cut by the Fed, but never over whether the Fed should exist. You get the idea.

This is essentially why I have been a Paul fan for several decades; he challenges basic assumptions.

...the Fed System works as a wealth redistribution system from poor and middle-class to the rich and politically connected.

I don't even pretend to understand how the Fed works and I wonder how many Americans do, but it seems basically wrong to have gov't controlling all the banks.

It violates free market principles for one thing, plus leans toward plutocracy.



To: Gersh Avery who wrote (62943)5/2/2008 3:09:42 PM
From: Cogito  Respond to of 541957
 
Gersh -

Thanks for the link to the Ron Paul book. I've been to his website and read some of what's there.

While the libertarian view appeals to me on a lot of levels, and while I agree with it in some respects (the absurdity of drug laws), I am uncomfortable with the idea that the Market and unrestrained trade can fix most of our problems.

The problem as I see it is that large, multinational corporations have a huge amount of power, and that they are motivated only by maximizing profits, and they are far too concerned with doing so in the short term without considering long term consequences for others. Turn them loose in today's world, and you will end up with a situation like we had with the robber barons of the late 1800s, only much worse and on a much grander scale.

- Allen