Robert Ringer

Why Dick Morris Fears Ron Paul

By Robert Ringer - Monday, January 2, 2012

It’s been quite humorous watching Dick Morris switch modes — from dismissing Ron Paul as a nut and a crackpot to hysterically warning people how dangerous he is.  In one of his recent lunch videos, Morris ranted nonstop about Paul, going so far as to say, “He is the most radical, liberal candidate running.”  Then, on The O’Reilly Factor, Morris said, “I think that he is absolutely the most liberal, radical, left-wing person to run for president in the United States in the last fifty years.”

Strange, because I’ve known Ron Paul for more than thirty years, and I see him as one of the purist conservatives in Washington — and certainly the most conservative person in the current field of Republican candidates.  I’m talking about true conservatism, which Ronald Reagan accurately described when he said, “The very heart and soul of conservatism is libertarianism.”

So what, specifically, does Morris not like about Ron Paul?  For starters, he says that Paul “has this crazy idea about returning to the gold standard.”  Hmm … I never thought of a return to sound money as being a crazy idea.  With all due respect, Dick, I think I’ll stick with Hayek and Von Mises on that one.

Other Ron Paul sins, according to Morris, include his desire to:

  • Get rid of the Fed.
  • Legalize drugs.  (Sorry, pseudo-conservatives, but the unpleasant reality is that the war on drugs has caused even more violence than did the war on alcohol.)
  • Stay out of other countries’ affairs (which would make it possible to slash our military budget without weakening our national defense).
  • Repeal the Patriot Act, which would reduce government’s ability to snoop on American citizens.

Morris even claimed that Ron Paul favors abortion on demand, paid for by the government.  Now that’s one I’ve never heard before.  Paul has always been adamantly pro-life and, further, he believes that the issue of abortion comes under the auspices of the states, not the federal government.

So why is Morris so worried about a guy he has repeatedly referred to as a nutcase, a crackpot, and worse?  Because, he says, he is afraid that Paul will run as a third-party candidate and “hand the election to Barack Obama.”

First of all, Ron Paul has never been the nutcase his detractors have tried so hard to paint him to be.  Second, he is one of the most morally sound individuals I have ever known, and is intellectually sound as well.

In fact, the “crazy uncle” remarks that the fearful media pundits keep throwing out about Paul couldn’t be further from the truth.  On the contrary, if Ron Paul has one weakness, it’s that he’s intellectually above the average voter’s head, which sometimes makes it difficult to understand what he’s saying. 

I admit that a handful of comments purportedly made in Ron Paul’s newsletters in the 1980s and 1990s were over the line, but they certainly were not hardcore racist.  More important, he unequivocally renounces those statements today.  Often, Paul’s problem is that he is very uninhibited when it comes to being precise about the law and what he believes to be the truth, and, unfortunately, a majority of the population is more interested in political correctness than the Constitution or the truth.

I can only speak from my own firsthand experience, and, behind closed doors, I have never heard Ron Paul say anything that even mildly bordered on racism.  Nor is he anti-semitic or anti-Israel.  As he explained it to me on a couple of different occasions, he just happens to believe that Israel would be better off without having to answer to the U.S. for its actions.

Putting aside the mudslinging, the bottom line is that, more than any other candidate, Ron Paul stands for freedom.  But is such a strong advocate of freedom electable?  Dick Morris and other establishment Republicans say absolutely not.  And they could be right.  But there’s a part of me that wonders if they might just be wrong.

If Ron Paul ran as a third-party candidate — especially if Mitt Romney were to be the Republican nominee — he would attract not only Tea Party voters, but independents, moderate Democrats, and anti-war people of all stripes.  While the contrast between Barack Obama and Mitt Romney is, from a long-term point of view, marginal, Ron Paul and Barack Obama are polar opposites.

Mitt Romney is John McCain.  Mitt Romney is George W. Bush.  Mitt Romney is Bob Dole.  Mitt Romney is George Herbert Walker Bush.  Mitt Romney is Thomas Dewey.  Mitt Romney is Herbert Hoover.  Which is why I believe that millions of fed-up Americans, rather than swallowing John McCain Light or accepting four more years of Obama’s anti-American policies, might just consider casting their vote for a candidate who stands for pure, unadulterated freedom.

Even if Paul did not win, it would be a presidential race like no other.  And if it resulted in Obama’s reelection, I’m fine with that if it keeps Mitt Romney from taking the reins of power and feeding us small doses of socialism day in and day out.

Longtime readers will recall that I took the exact same position in 2008 when it was John McCain versus Barack Obama.  Early on, I said that I preferred Obama over McCain because his Marxist agenda would finally wake up millions of apathetic Americans.  And that’s precisely what has happened.  In fact, by scaring the hell out of the American electorate, Obama himself brought the Tea Party into existence.

Unfortunately, the Tea Party has not kept the heat on either Obama or Congress.  But if Barack Obama is reelected, maybe Tea Partiers will be jolted into rising up in earnest — 365 days a year — and get really serious about taking back America.

While Dick Morris says that “Ron Paul is just an absolute nightmare,” I say he would be the perfect person to lead the charge against Obama’s march toward Marxism.

Could it be that it’s Dick Morris who is the crazy uncle?

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Copyright © 2012 Robert Ringer
ROBERT RINGER is a New York Times #1 bestselling author and host of the highly acclaimed Liberty Education Interview Series, which features interviews with top political, economic, and social leaders. He has appeared on Fox News, Fox Business, The Tonight Show, Today, The Dennis Miller Show, Good Morning America, The Lars Larson Show, ABC Nightline, and The Charlie Rose Show, and has been the subject of feature articles in such major publications as Time, People, The Wall Street Journal, Fortune, Barron's, and The New York Times.

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93 Responses to “Why Dick Morris Fears Ron Paul”

  1. Reality Seeker says:

    First they ignore you, then they laugh at you, then they smear the hell out of you and, then, if you survive all of that, you win. And, furthermore, even if Ron Paul doesn’t win, then Rand Paul or somebody like Gary Johnson is advanced. The Ron Paul Revolution is a winning, long-term movement embracing long-term goals, because long-term thinking is the only way to fix amerika.

    Personally, I’m a realist; therefore, I know the odds are heavily stacked against RP making it all the way to the White House: Just stop and think of what RP is up against: The banksters at the Fed hate RP. The fiat, money-loving-high-rolling-market manipulators down on Wall Street hate RP. The Washington criminal-class and their Machiavellian shills (think: Dick Morris) hate RP. The pressititutes all hate RP. The ideologues (think: Rush Limbaugh, Ann Coulter, Charles Krauthammer et al)– who have “Property of the Republican Party” stamped on their rice bowls, they all hate RP. The bombastic, wolves in sheepdog’s clothing (think: Bill O’reilly, Michael Savage, etc) all hate RP. The religious fanatics who think the end of the world and the second coming of Christ is going to be manifest through Israel all hate Ron Paul (think Glenn Beck). The Military Industrial Complex really, really hates RP. The transnational corporations who use the U.S. military as their fascist, iron fist, they all hate Ron Paul……………

    • Reality Seeker says:

      …………….Millions of civil servants, who have “Property of the U.S. Government” stamped on their rice bowls, hate RP. The propagandised, somnolent masses, who have been turned into welfare parasites, which, in turn, have become totally dependant on a government issued check, they all hate RP. In fact, I’d say the entire corrupt system hates Ron Paul with a vengeance.

      Yet, despite all his opposition, just stop and look at that old billy goat, Ron Paul, go, go go!!!

    • reunion says:

      < First they ignore you, then they laugh at you, then they smear the hell out of you and, then, if you survive all of that, you win.

      then you discover you are the reincarnation of king pyrrhus….

      "moral reason must learn how to make coercion its ally without running the risk of a pyrrhic victory in which the ally exploits and negates the triumph." ~ rheinhold neibhur

      what source of coercion fits that requirement? only one.

      • Reality Seeker says:

        reunion,

        True words, without a doubt; however, there are two types of expediency: The first is necessary for political gain and the second is necessary for survival. For me, personally, a vote for Ron Paul falls into the latter. It will be the very first vote that I shall cast in my lifetime, perhaps my last (I was never fooled by Reagan, thanks to some inside information from my family). It’s expedient to vote for RP, true, yet he offers the best chance for my survival, but not just mine alone.

        For me, it’s time to pick a gang in order to survive in a prison planet or go it alone. I choose gang Ron Paul, for now, because he offers a long-shot chance to accomplish by law what a classical liberal like me wants to see done before I die, leaving those whom I love a better world, without the glory of picking up a firearm to defend myself like the real Crocodile Dundee did down-under when Australia outlawed guns and Dundee said to the confiscators, “no, come and get it.”

        For me, Ron Paul, Rand Paul and Gary Johnson represent desperate/expedient attempts to save what’s left of freedom by non-violent gang warfare which is settled at the ballot box and not out on the street. Yes, siding with Ron Paul is like siding with those inside of the Alamo back on that fateful day. Losers, yes, but they all knew what was coming at them and so do I.

        • reunion says:

          rs… a globe encircling girdle was the pitch that was used to sell the cold war to the masses…but you’ve read mises so you know that soviet/communist dominion was never a possibility: inherent structural deficiencies baked the ussr demise in, from the outset (reagan’s phyrric moves were correlation, not causation). this is true of all empires, including this one, no matter the composition.

          the walls are definitely being erected here, tho, so you’ll be right about being in a prison country, in time, if you wait. diaspora, emigration, colonization are strategies that have worked, forever. galts gulch is an idea, not a place; this used to be galt’s gulch, now someplace else is.

          fights….

          you never see a willie pep (featherweight) in ring with a luis firpo (heavyweight). if you ever see a pep/firpo combat outside a ring, and it lasts more than a minute, and especially if pep prevails, it’s because pep did not follow marquess of queensberry rules, OR go toe to toe with firpo.

          • reunion says:

            so…the spartans should have taken positions atop the gates – if there was egress available from there (as there was not from masada) – not in front of them; washington did terribly, trying to fight seasoned euros, in their style (the french coming in as allies saved his butt); the alamo martyrs fought santa anna’s method – instead of guerrilla tactics that suited, and advantaged them; honorable lee would not condone guerrilla tactics, as some of his men wanted, sticking with line/volley against numerically & provisions superior foe; viets, afghans do not play to enemy strengths. etc. last stands and molon labe & kamikaze should be embraced only when there is absolutely nothing else.

            if those who know keep standing in, defending, a spot, there will never be enough of them to make a difference. float like a butterfly, sting like a bee……

    • David says:

      Reality,

      A lot of us ‘religious fanatics’ support Ron Paul. No need to label everyone. Some of us just like freedom!

      • Reality Seeker says:

        Reply to David:

        You’ll have to forgive my shortcomings and recognise that I’m in full battle mode. Sorry if I offended any of the sincerely devout. I’m an agnostic in matters of God and and a political atheist in matters of politics. This position causes me to be too insensitive at times, again, sorry. Don’t let anything I say detract form Ron Paul’s message or your support for him.

        Please consider whatever I said wrong as friendly fire.

      • reunion says:

        david…religious fanaticism & freedom are antithetical.

      • Vladimir Petrovich Skulachev is the chief of the Bioenergetics Department of Moscow State University, dean of the school of Bioengineering and Bioinformatics, and an Academician in the Russian Academy of Sciences, a pioneer in the field of anti-aging, although himself an Atheist, expressed antagonism towards militant Atheists. He says that religious fasting extends human lifespan.

    • frank says:

      I like your comment Reality Seeker. If Gary Johnson or Rand Paul can be advanced even if we have to put up with a BHO second term that could very well be better for America in the long run. As Goldwater who was called a nut case and racists all things untrue about him as they are for Dr. Paul led to Reagan and if this then leads to someone like Gary Johnson or his son Rand in the future who can I think make a more articulate case for the Libertarian leaning agenda than so be it Just hope it will not take 12 years like before and that in the meantime we have to put up with a Nixon type(I am talking more about Nixon’s Socialist wage-price freeze than Watergate

  2. Phil says:

    Reality hits the nail on the head. Too many people are in the Matrix, on the govt. make-work dole. That is any libertarian conservative’s biggest hurdle. I admire Paul, and will likely vote for him. But I must admit to being human and with all of the dirt that they have thrown at him, it takes a consistent effort to see through his opponent’s mudslinging. I would probably also vote for him as a third-party candidate, that will present an difficult choice if it arises. He is definitely my candidate for the primaries.

    • Reality Seeker says:

      Reply to reunion:

      Yes, I agree with everything which you stated above and more; however, I choose the Ron Paul Alamo because of the billions of dollars worth of free worldwide publicity which his campaign is generating for Mises, Hayek, Rand….. and classical liberalism. You know about sales, so need I say more?

      I do believe in a type of educational-info-guerrilla warfare when the time comes. I’m with you on that. Right now, for me personally, it’s time to make a metaphorical stand at an Alamo next to Ron Paul where I actually don’t lose my life in the process. The entire political system is going to crush Ron Paul(like an Alamo) but in the process they will have to reveal just who they are and what they stand for. Many guerrilla fighters will be born in 2012 because of this epic battle. Everybody will have undeniable proof of who is friend and who is a foe of freedom. That’s going to be important when the borrow-to-spend economy implodes and the dung hits the fan.

      I, too, want there to be many, many info-guerrillas shooting out info with AK47s of truth. They will have lots of ammo after this election cycle. Count on it!

      By the way, Dundee officially took one confiscator with him, but the truth is that actually that guerrilla took more….. The system is real worried about guys like him— a la NDAA.

      • reunion says:

        ah, i took you too literally…see nothing in your response that is opposed, in/on principle, to having orderly retreats mapped out. the best defense is a good offense…and vice versa.

    • Sam Fox says:

      If the RNC big govt. establishment supporting clowns give another John Manchurian McCain, in Mitt, Newt, Santorum, Perry or Huntsman, why bother to vote?

      All we will have is another Captain Zero.

      I say if Ron Paul is shut out again, by all means I hope he goes libertarian. If Ron did run 3rd party with a good VP like Judge Napalatano, Gary Johnson or another proven Constitutionalist, I bet the ticket would have a great shot at winning.

      Ron has a LOT more support than media is willing to admit.
      Check out Paul on Google Trends.

      Lots of votes would go to the freedom & liberty ticket Ron Paul & his VP would represent.

      SamFox

  3. Stephan F. says:

    Dick Morris has been feeding at the political “pig trough” for many many years now, and he’s not about to let anyone espousing a philosophy of freedom get anywhere near the reigns of power that could threaten to take away his politically-connected goodie bag. As an elite members of the political-parasitical class, Morris hasn’t had an intellectually honest thought pass through his brain since becoming a member of that privileged club, and fully understands who butters his bread. Contrary to what the naive believe, he is not driven by his own warped philosophical version of conservatism, but by that most common motivation that drives all political parasites, “vested self-interest and greed”. So I have to ask, why would anyone listen to him ?

  4. frank says:

    dear right again robert:

    morris is right…in one sense ron paul is a danger to many people….no more dod hammers costing hundreds of dollars…
    no more luxury budgets for congressmen….continuous vetos of a free spending congress if rp was president… vetos vetos and more vetos…that congress would struggle to override but if
    he got an ally appointed as gop chairman the party could stigmatize any congressman who voted to override…

    and last but not least ron paul supports term limits which would make it harder for lawyers and professional politicians
    to enrich themselves for a lifetime at public expense…

    the tougher reality for people like morris though is that the leading gop candidate by a landslide is anyone but romney…..if ron paul wins or obama it would not be as good for people like morris…

  5. Phil says:

    robt.,
    See if you can get a handle on the statistical data
    of Obama winning should Mitt and Paul dilute their votes
    via a third party race. I’ve seen it happen before.

    Mr.Hart

    • novi56 says:

      Phil,

      It does not matter if Paul causes Obama to be elected instead of Mitt – - – - repeat; it does not matter. Do you not understand that the power elite run the show and it doesn’t matter if the White House dweller is a hard core Marxist or a fellow-traveler with an R in front of his name?

      I’m repeating the point Robert already made by saying that Obama was preferable to McCain. Likewise, Obama is preferable to Romney, (or Perry, or Gingrich, or Santorum.) I want our nation’s misery to be directly traceable to a President who is openly a collectivist instead of to a collectivist posing as a believer in free markets.

      We’re at the precipice of losing all of our freedom and prosperity because we’ve been convinced that the best we can do every four years is vote for the lesser of two evilts.

      Work to educate the public instead.

  6. Barbara says:

    Yes, even I have begun to question RP with regard to Israel and his position on the Middle East. I voted for RP in 1988 when he ran as a Libertarian candidate for President. I often have to go back to reading his books to re-establish my footing on my core beliefs. I know it is unlikely that we will see a President in the US that has his integrity and strong convictions of libertarian ideals. Americans would have to be willing to educate themselves instead of getting their information from sound bites from the extreme liberal media. I have, and will continue to support Ron Paul for President.

    • Cathy says:

      Why are so many Americans more loyal to Israel than to the United States? As far as his position on the Middle East, I believe he understands it better than any other candidate. They do NOT hate us because we’re “free.” It’s because we keep intruding into their business. Geez…

      • reunion says:

        because they are biblican, & empirecan, or both – not american.

        america was a set of ideas, associated with a place.

        the place was never the point.

        the ideas have been mercilessly eradicated to the extent that only a few mating pairs still exist, scattered amongst various zoos and labs, on the off chance that they can be “weaponized”…as, for example, when various & sundry con-serves spit those ideas, like cobra venom, at hypnotized, & addicted, audiences.

        • reunion says:

          speaking of ideas….

          it is a good practice to consider them as products, because typically, they are.

          in a free market, buyers pay retail, sellers pay wholesale, and competition keeps the spreads tight, keeps newer & better coming.

          in cartels, which is what the state is, no, or drastically curtailed, competition, wide spreads, rehashed & inferior product, constant bait/switch.

          you get to choose any size/color puffed rice and any gmo corn syrup flavor “you” want (from the cartel’s helpful menu).

          currently, it is the election course, and all eyes are studying, licking chops over, that part of the menu…

      • Brent says:

        I can agree with the others based on my past-reunion is completely correct. For years I kept asking myself why certain people spoke out against Jews. I was on the “protect Israel” bandwagon. I felt it was my duty to side with Israel because that was the home and birthplace of Jesus Christ.
        What I did not know at the time was that we are being used. What is going on today has nothing whatsoever to do with Christianity. While I now know better I have family members that are still under the spell. It is intertwined with their very strong religious beliefs and you better not even go there.
        The difference between me and the classic “anti-Semite” is that I can understand Israel’s predicament enough to understand why they are doing what they are doing. These are desperate people and in all fairness they are doing what it takes to survive. They are, in fact, frequently wrongly attacked. The problem is that in their desperation as like a drowning swimmer, they would be willing to do anything to survive-even if it means floating on the corpse of a nation that tries to save them.

  7. Lawrence says:

    Better the devil we know than a wolof in sheep’s clothing

  8. Great article. Please endorse him, Mr. Ringer. I read your articles every day. This one was exceptionally courageous.

  9. Allen says:

    The TEA party was taken over by a stealth campaign by republicans. The original people lost their way. It became obvious when certain people declared themselves as “the Leaders” of the TEA party. And then started endorsing republicans for office.

  10. jerome says:

    Dick Morris is a Hired Mouthpiece who has no convictions and no morals. He was one of Clinton’s propagandists during his reign of debauchery in the White House. Now, FAUX News has hired this turncoat to be one of their Establishment Mouthpieces as Dick Morris pretends to now be a conservative and Republican. Dick Morris and FAUX News are the mouthpieces for Business As Usual in Washington DC, and they do not care whether Romney or Obama wins as long as one or the other of these Socilaists is elected in 2012. Fascism defined is this: No opposition tolerated or allowed. And, that is why the dems and repubs and all the media, including FAUX News, is trying to make sure that Obama and Romney have no Real Opposition which Ron Paul represents as does Sarah Palin. I would love to see Ron Paul and Sarah Palin on the same ticket and then see Dick Morris grovel to find something to say to try and brainwash the FAUX News viewers.

  11. Sal Bando says:

    I agree with “Reality Seekers” assessment of who constitutes RP’s enemies. People sometimes knock RP’s delivery or speech-making but the guy has got to be a heck of an attractive politician to gain followers in spite of universal opposition from the Establishment.

    Dick Morris is a Jew and, as is often the case with Jewish opponents of Ron Paul, they say they don’t like RP because of XYZ, but the ABC of why they don’t like him is because he doesn’t think the U.S. taxpayer owes Israel billions of dollars annually or unquestioned allegiance in any wars Israel starts.

    • Cathy says:

      Spot on Sal Bando! My sister is Jewish (converted because of marriage), and she hates Ron Paul because of this Israel thing. Tsk tsk…

  12. Angelo S says:

    Dick Morris has repackaged nimself as a Clinton operative turned good guy. He’s making steady money and getting the duds at Fox to give him airtime and a degree of celebrity which helps sell books.
    What Dick Morris thinks or says about the nations’ only statesman is about as meaningful as what Snookie thinks or says.
    About Zero.

    Ron Paul is America’s turning point.

    Doesn’t take a genius to see America is in trouble. And now is the time to address it.

    2012 Is About Abolishing Slavery In America

    We’re on the verge of abolishing slavery in America.

    Ron Paul’s aim is to abolish the debt slavery & tax bondage of the FED/IRS Complex.

    Over the last 100 years of slavery we have gradually lost most of what America set out to be, do and have.

    We are not free. We are slaves.

    Put aside all of the non-essential issues and focus on abolishing slavery.

    Let’s start there.

    Our first priority is to regain our liberty, peace and prosperity.

    This is the narrative, the context for all of my campaign communications with others. It shuts down all of the nattering and competitiveness over the flavor-of-the-month candidates.

    No other candidate is cognizant of, or focused on abolishing the crushing debt slavery and tax bondage as a social issue.

    Without our liberty, nothing else matters.

    None are more hopelessly enslaved than those who falsely believe they are free.
    - Johann Wolfgang von Goethe

  13. john bear says:

    What happened to the graphics? Just when I was getting into this much needed feature to your website they go away!

    We don’t live in a Frank Capra movie. RP Deeds isn’t going to save the country in reel four. If, by some miracle, RP should get into the WH he’d be as effectual as teeth on a hen. The (D)emons are going to nominate the (R)ats candidate as they always do. That candidate will be as viable as Doyle or The McChurian Candidate McCain. Wake up boys and girls.

    • Gary Goodman says:

      The (D)emons are going to nominate the (R)ats candidate as they always do. That candidate will be as viable as Doyle or The McChurian Candidate McCain. Wake up boys and girls.
      ——
      yup

      … and vice-versa. Obama’s supporters included people who did fundraisers w Karl Rove and others linked to Dick Cheney.

      Obama’s early rainmaker was Vernon Jordan, Clinton advisor and black Sr. Mg. Dir at Lazard and other major firms.

      Jordan’s brother-in-law is Mitch McConnell, and his sis-in-law was Bush’s Secy of Labor, Elaine Chao.

      Look at Jordan’s bio on Littlesis, and his employers and his peers on the Iraq Study Group. It wraps around to Bush cabinet, Obama cabinet, and Reagan cabinet.

      Leadership & Staff
      Robert Gates (’06) (Iran-Contra, co-founder of the Afghan Muhahideen)
      James Addison Baker III Co-Chairman (’06 -) (Atty for Bush & Binladens and Saudis)
      Lawrence S Eagleburger (’06 -) (Partner, Kissinger and Associates)
      Lee Herbert Hamilton Co-Chairman (’06 -) (lead investigator for Iran-Contra and BCCI coverups, and Bush’s 9/11 Commission farce)
      Edwin Meese (’06 -) (anti-Playboy/anti-Penthouse Atty Gen from Reagan)
      Leon Edward Panetta (’06 -) (former CIA Director)
      Vernon E Jordan Jr (’06 -)
      Sandra Day O’Connor (’06 -)
      Alan Kooi Simpson (’06 -)
      Charles Spittal Robb (’06 -)
      William J Perry (’06 -) (Former Secretary of Defense)

  14. Joanneo says:

    Ron Paul is the only one that is telling the truth about what he would do in office and what his beliefs are, The rest are telling you what you want to hear, like O did when he was running. We really do not have a choice, vote for the others and get communism,constitution eliminated, and the FEMA camps. They all belong to the same elite group, all except Ron.And that is why they call him names and put him down. The Fema camps scare me to death, I remember Hitler and what took place there. We are one step away from the same. Our government is corrupt and has been for many years. They lie, cheat and steal from us then want to raise taxes to pay for their waste..it is time for a change, a big change in our government..NOW.

  15. Reality Seeker says:

    This year, instead of listing all of my predictions for 2012, I’ve summed them all up in just one sentence:

    Seeing the smirking collectivists approach total control, I feel the dreaded hour of reckoning drawing near.

    2012 is going to be the year of the collectivist.

    So, I’d like to digress from Ron Paul for a few seconds and share what I think is some of the best work done in 2011 regarding the job of educating the uninformed/misinformed public. The following video link takes you to G. Edward Griffin as he discusses “collectivism.” If you are unfamiliar with the term, then you should bring yourself up to speed, because collectivism is the driving force in this century. If left unchallenged, then collectivism will eat everything in its path.

    http://www.youtube.com/watch?v=dON5D6Wkprw&list=HL1325518873&feature=mh_lolz

    I’d also like to share that I consider the best written article of 2011, done by Gary North: “You Are Washington’s Collateral” is a must read which explains how the current borrow-to-spend economics of amerika is going to play out. Hint: It’s not pretty.

    http://lewrockwell.com/north/north1081.html

    Happy New Year everybody!

  16. Robert Clarke says:

    A few years ago, RP appeared as a nutcase, but he may have a viable chance. Tough times require a tough candidate.

    RP attracts a lot of different people for a lot of different reasons. He may be able to put quite a coalition of certain thinking, liberals, independents, young people, and true conservatives.

    I think the times cry out for a man of his character and integrity.

    • Sam Fox says:

      Robert Clarke, Ron was made to appear a nut case by fringe media’s propaganda. They are still churning out the same old deception in their fear that Ron Paul would shut down the tax funded pig trough politicos feed & enrich their cronies from.

      The military industrial complex is just as fearful, for the same reasons.

      The ‘progressives’ see Ron as a threat because they fear a return to the Constitution, as our founding document shuts down their lust for control over every one & every thing.

      Seems like it has taken just one little guy, notable statesman Ron Paul, to cause big govt Goliath to shake in it’s socks. And to expose itself for We The People to finally be aware of.

      SamFox

  17. Albeartoa says:

    When there are many men without honor and integrity, there are few, who have the honor and integrity of many men. The man with those qualities is Mr. Ron Paul.

  18. Martin says:

    Great article.

    Morris, Rush, Hennedy, O’Rilley, are revealing themselves as the mega media shills that they really are.

    It’s time we all shout from the rooftops that Ron Paul is the only candidate we can trust, he is the only candidate who understands economics, he is the only one that can lead the Republic back to sound economics, he is a man of moral rectitude and sound thinking.

    Ron Paul for President!

  19. Chuck says:

    This is a no-brainer, Dr. Paul is NOT a neocon, not a pro-bankster, not a colonialist, not pro nanny state, not pro police state not an oligarch and not an apologist for abortion on demand. Morris and his statist ilk want to maintain the status quo while trying to convince you that they are conservatives. Don’t fall for it, this election is not about “electability” it’s about conscience and principle. We are all paying the price for the nation drinking the Obama Kool-Aid and only an equally radical counter balance in the correct direction (pro-liberty) can even hope to undo the mess created by these Marxist dolts. This is what you get when you replace strong moral standards with “compromise” and expediency. Ron Paul has my vote and I haven’t voted since the 1980′s when I voted for Reagan.

  20. texas wolfie says:

    Ladies and Gentlemen, we are all preaching to the choir here. We are sharing our thoughts with like minded people which excites and emboldens us. I have visited 17 states out there in the last 10 years due to my line of work and I can tell you that most people do not think like us. They will remember the last few catchy sound bites they heard by our state run media and then will vote according to their emotions. The media will feast on Mr. RP. Rmember the anti Goldwater ads of 1964? Little girl playing in a playground and a supposed nuclear blast going off her after a suspenseful countdown to zero by the annoncer? I do, and this fear-inducing tv commercial virtually ruined Goldwater in less than a week. Sure we can vote for RP in protest anyway, or stay home and pout, but I believe the better plan is to be realistic to rid ourselves of Obama forever and then tend to our new party advancement.

    • reunion says:

      libertarianism is a solo act – not a choir. collectivism, the urge to huddle & dissolve into ‘solution’, the heart of con-servatism, that’s a choir.

  21. Roho76 says:

    I wonder how much the exDemocrat has invested in defense contractors that will no doubt be slashed with a Ron Paul presidency. This is why Dick Sh*ts himself.

  22. Hey Robert! Love your language.
    It lives the the lingo I used to write Verbal Driver:
    The Words to Touch and Move the Buyer’ Mind.
    (Sperling&Kupfer,Milan,Italy).
    Competitive Communication.
    Because in Business You Speak to Win.
    Because the Buyer Also Listens to the Other Guy.
    Saluti,Beau

  23. Paul says:

    The only people who believe RP is a nut case are the ones who believe individual freedom and personal liberty, the right of people to make their own choices without government interference, the sovereignty of the United States the individual states and the citizens, the return to a REAL monetary system and currency with an actual value, the restoration of the US economy and the end of American interference in political matters of other sovereign nations are ideas imagined only by nut cases.

    I guess that makes me a nut case, too.

  24. Rocketman says:

    Mr. Ringer: If you want to know what is REALLY going on behind the scenes in the republican party you need to read the article by John Nichols entitled “Why do GOP bosses fear Ron Paul”. It totally lays out the exact reason why they and people like Dick Morris are desperate to stop Paul. I agree that Paul is unlikely to win, but not for the reason that most people think. I heard this weekend that the head of the Iowa GOP citing “disruptive elements” are going to hold the counting of the ballots in a “secret undisclosed location” which is totally illegal. My guess is that without independent observers present Paul will now get far less “votes” than the polls indicated and the “winner” will either be Gingrich or more likely Romney. The fix is already in. They can’t under any circumstances let Paul get anywhere near the oval office or their little scams will be exposed for all the world to see and they will be spending the rest of their lives in the graybar hotel.

    • Tex Norton says:

      You misunderstood, Rocketman. The secret, undisclosed location is to avoid the OWS would-be disrupters. Each and every candidate will still have their reps in attendance as well as independent observers.

  25. Bryan says:

    I guess I’m a nut case, too. I look at my 9 year old child who has so-called “special needs” and shutter at the thought of what her life might be like if the current government train wreck is allowed to procede. Then I get angry. It is time to put an end to this crap. Anyone who doesn’t like the Amarican way of life and true liberty can pack their crap and go somewhere else. And I’m all too happy to show them the door. Our children deserve better.

  26. Bryan says:

    Somewhere in my memory I recall the vote rigging rumor from many years ago. Rumor or not, I think the idea is to begin circulating the idea well in advance of an election so that voters will figure it isn’t worth going to the polls because “they” (whoever they are) have already decided who is going to “win”. If this is what is going on in Iowa, then what’s next?

    • Hal says:

      IF YOU CAN HANDLE ELIMINATION OF YOUR “Conservative / Liberal”; “Democrat / Republican”; “Left-wing / Right-wing” FACTIONALIZING LABELS WITH WHICH THIS NATION’S “We the People” SUBSTANTIVE Political Powers sovereignty HAS BEEN VIRTUALLY ELIMINATED FROM EXISTENCE, then: HERE’S THE 1st / 7 parts giving you CONCRETE EVIDENCE of TRUTH in that “Rumor”: http://www.youtube.com/watch?v=KrE15QfbnHA&feature=youtu.be … The other 6-parts are available at the 1st site …

      ENJOY …

      • Hal says:

        < If this is what is going on in Iowa, then what’s next? … WHAT'S NEXT IS FOR YOU, Me, AND EVERYONE ELSE HERE TO BEGIN ACTIVELY DEMANDING PAPER BALLOTS, WITH DUPLICATING RECEIPT, AND NO ELECTRONIC VOTE MACHINES!!!! … WE HAVE TIME FOR THIS, AND DESPITE THE PERROT-ISTER'S REMORSE; I HAVE NO QUALMS ABOUT A RP WIN AS A 3rd PARTY – GIVEN WE, THE SAME PEOPLE, GET OUR BUTTS TO THE PRECINCT MEETINGS AFTER POLL-CLOSING AND FIGHT FOR "ELECTOR" POSITIONS BASED UPON THE WRITE-IN VOTE THAT WOULD LIKELY BE NECESSARY, IN THE 3rd PARTY CASE.

        THUS WE CAN CARRY OUR VOTE RESULT, THROUGH THE PROCESS TO THE ELECTORAL COLLEGE – LIKE THE WHOLE THING WAS DESIGNED TO DO, IN THE BEGINNING.

  27. Cathy says:

    And maybe, just maybe, the NDAA can be abolished too. That law is just plain scary! There goes the Bill of Rights…

    Shame on the 93 members of the Senate who voted yay on this. Reminds me of Germany in the 30s…

    • Hal says:

      Any “Enactment” REPUGNANT TO THE CONSTITUTION IS NULL & VOID on ITS face!!!!

      DNAA; USA-PATRIOT ACT[S] I & II; ANY & ALL MILITARY ACTIONS NOT APPROVED by CONGRESSIONAL VOTE; but ABOVE ALL ELSE: ANY ENACTMENT SIGNED INTO LAW BY AN ARTICLE II, SECTION 1, CLAUSE 5 UNQUALIFIED PERSON ARE EACH, AND ALL REPUGNANT TO THE de jure 1791 Constitution FOR the United States of America AND ITS CONCOMITANT REITERATION OF Our Bill of Rights AS AMENDMENTS!!!!

      For THESE REASONS – REGARDLESS OF ANY OTHER: WE MUST HAVE A CONSTITUTIONALISTS PRESIDENT TODAY!!! … IF NOT SOONER!!!

  28. reunion says:

    paul is radical. and he is liberal, in the sense that term was used in the early days of this country. He is not conservative.

    citing reagan in an attempt to make the point that libertarianism has anything to do with conservatism could not possibly better make the point that never the twain shall meet, for Reagan was con & serve, thru & thru.

    conduct your own trip down memory lane and insert paul into reagan’s slot, and count the ways these two are not interchangeable: taxes cut simultaneous to massively increased budget deficits, supply-side “econ”, marines sent to Lebanon ~ later, the barracks bombing, “the evil empire”, sdi, grenada invasion, iran becomes ‘terrorist sponsor’, iran-contra, arms sales to iran via Israel, ollie takes one for the team, etc., etc., etc.

    libertarianism is essentially heroic, albeit, for the most part, quietly so. con-serves, on both left & right, wanna’ be heroes too, and so they try to appropriate that end state, that side effect, even as they completely ignore the means, the necessary process that incidentally produces heroic result.

    • reunion says:

      muhammad ali said, “a man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.” i was 20 when i voted for reagan; i did not waste the next thirty years of my life. i would take the ali quote further: there are a lot of 50 / 20 year olds out there because they are incorrigible, by which I mean incapable of learning, fully vested ~ often in a single proposition, or “party plank” ~ making them even more clearly analogous to specialized drone insects, uneducable. this reality explodes the “ignorance” dx.

      for a detailed refresher on reagan, and con-servatism, go to mises.org and type “the two faces of Ronald Reagan” into the search box. murray rothbard, in 1980, deals with the right-handers, the southpaws, and the ambidextrous switch-hitters, showing them all to have glass jaws…and that the future is predictable (you will see the rhyme of the just passed indefinite detention bill, for example…).

  29. Tom says:

    Bob – - I have followed you from the get-go…when you were writing books on business….that played a key part in my retiring in my 40s. In this case with Ron Paul…I ask you and most of these responders….can you folks spell P-E-R-O-T??? Remember, our wonderful President Clinton would have NEVER been President without Perot getting those 7 million ‘libertarian votes. PLEASEEEEE don’t make that mistake again. Obama has got to go….and RP is NOT the guy to dis-lodge him! Unfortunately, we live in a real world with the press, the block voting, the illegal votes, Acorn (with a new name but the same thugs) along with the 50+% non-taxpayers who are living on the dole of the Gov’t along with the Union Crowd, the Republicans don’t need anymore enemies! Thank you for listening. Tom

    • reunion says:

      < we live in a real world

      you argue for a tree being the forest.

      life inside the matrix is only real inside the matrix.

      ejected from windowless wombs, fanny's are swatted by some game board or other, first breath, and the new game piece starts at some monopolist's "go".

      i'd say "wake up", but it's impossible to wake someone who pretends to be asleep…..

      oh, and i read all the rr books, back in the day, too…..

  30. DDW says:

    Could it possibly be as simple as getting word to RP to behave more “electably”?
    By that I don’t mean make false promises but speak more in terms that the average voter can understand.
    Unequivocally make his points in ways that clarify for people that HE is the true candidate for CHANGE, the platform that was used to propel BHO to victory.
    We understand what Ron Paul is saying, but there’re not yet enough of us!

    • Hal says:

      That’s what happens when your calculator has only ten digits; perhaps you should leave the “Counting” to some who have a much more real capability!!!

  31. PJSolarz says:

    “Stay out of other countries’ affairs (which would make it possible to slash our military budget without weakening our national defense).”

    So, when Iran starts lobbing missiles towards Israel and sets there sights on the US, shall we stay out of their business as well? Should we weaken our presence around the world by closing all of our military bases? Which part of “wipe the infidels off the face of the planet” don’t you understand?

    “In fact, the “crazy uncle” remarks that the fearful media pundits keep throwing out about Paul couldn’t be further from the truth. On the contrary, if Ron Paul has one weakness, it’s that he’s intellectually above the average voter’s head, which sometimes makes it difficult to understand what he’s saying.”

    The same remarks were made about Obama.

    • reunion says:

      “sets their sights on us”…

      sights that exist in some minds eyes can’t actually lob anything from there to here. telekinesis is a stephen king plot device.

      are you actually unaware that socialist israel has its own spiffy & complete arsenal, including nukes, courtesy of amerikan collateral (tax serfs)?

      or that the “domino theory” is a mass merch tagline sold to the collateralized, timorous, dummies? with the result being force-projected dominoes in 100+ foreign countries that will, in poetic self-fulfilling prophecy fashion, tumble as the empire implodes?

    • Hal says:

      EXACTLY WHICH PART OF VIRTUALLY ALL LEGISLATION– INCLUDING A PLETHORA OF “EXECUTIVE ORDER” DICTATES – ENACTED AND SIGNED INTO LAW SINCE 20 JAN,`09, FACILITATING THAT “wipe the infidels off the face of the planet” SHARIA LAW, ALREADY BEING UPHELD IN U.S. FEDERAL COURTS, RIGHT HERE IN YOUR BACKYARD (IF YOU IN FACT LIVE HERE, WHICH I QUESTION!!!) – DO YOU NOT UNDERSTAND?!?!
      … WE HAVE ONE HUMAN HOPE FOR SURVIVAL: A CONSTITUTIONALISTS PRESIDENT, PREPARED TO EXTIRPATE ALL OF THESE CONSTITUTION-REPUGNANT ACTS!!!! …

      NOW:
      You tell Me WHO, BUT Dr. Ron Paul, HAS EVEN A THOUGHT OF – MUCH LESS THE NON-ELITIST TIES TO DO SO, EVEN IF THEY CHOSE TO – PERFORMING SUCH CONSTITUTION-RESTORATION IN OFFICE?!?!? … THERE IS NONE!!!

      • reunion says:

        how many times can you watch messiah vs the boogieman, hal?

        • Hal says:

          … more often than you Library Warriors can offer hard solution to any current problem [note: SINGULAR] we have threatening the very existence of this nation, with your dictum!!!

          • reunion says:

            you’re assuming facts not in evidence, hal. and, the solutions are easy; getting them to penetrate hard heads, is the difficult part.

    • Gary Goodman says:

      I can deal with “Loony Bin” remarks.

      Search: Engdahl Ayatollah Iran Carter

      I read his detailed, compassionate book. When he brings up Bilderberg meetings, he includes photocopies of BB documents from someone’s archives at the Hoover Institution. Were the “normal” Iranians wise when they jokingly called him Ayatollah BBC?

      I’ve also read “The Grand Chessboard”. There’s this interesting quote on US foreign policy.

      To put it in a terminology that hearkens back to the more brutal age of ancient empires, the three grand imperatives of imperial geostrategy are to prevent collusion and maintain security dependence among the vassals, to keep tributaries pliant and protected, and to keep the barbarians from coming together.

      The language and style of the book (PDF online) lends the text an air of ambiguity and it’s hard to find that one “killer soundbyte” quote, but so much is a Blueprint for past and future events.

      Reminds me of another Blueprint guy, Thomas P.M. Barnett. Check out his glossary section on Pentagon & Globalization. If he and Brzezinski are not bosum buddies I don’t know why not. There’s another Barnett article on Third World Travller by Barnett on guess where? The Dark Continent. He was lining up Africa in his sights back in the Rumsfeld era. (Egypt AND Libya AND Tunisia are warmups)

      If you see the entire Eurasia region w Africa as a single war zone, instead of individual countries’ death toll, and count the proxy wars, we’ve surpassed Holocaust numbers.

      • reunion says:

        < prevent collusion and maintain security dependence among the vassals

        *maintain* collusion and *prevent* security *independence* among the vacillated / vacillating vassals…..

        hearkens? was there ever a period when this dynamic was not primary? the blackhats became more sophisticated, adding hollywood effects machines to gin up the "misty" sensation, that's all…..

  32. Reality Seeker says:

    “By Monday night, just two days after he started his Twitter account, the 80-year-old chief of News Corp had already issued more than 20 tweets and acquired 74,000 followers.

    In one of his tweets, Murdoch described Santorum, a socially conservative former senator who has risen sharply in the polls ahead of Tuesday’s Iowa caucus, as the “only candidate with genuine big vision” for the country.

    In another tweet, Murdoch said, “Good to see santorum surging in Iowa.Regardless of policies, all debates showed principles, consistency and humility like no other other.

    He called Obama’s decision on the detention of terrorism suspects “very courageous – and dead right!”

    I hope some people out there in La La land are starting to wake up and see who the real enemies of freedom are. These bloodsucking, collectivist kleptocrats like Murdoch want the NDAA (aka The Martial Law Bill) they like Obama (and they prove it by large contributions) they like war-mongers like Rick Santorum.

    I’m starting the new year with Gerald Celente who is boycotting all of these phony presstitutes and their Count Dracula masters. I’m done with the corporatist Media. Done!

    I’ll only watch what I need in order to counterattack their bullsh*t propaganda. Not one dime of support goes to any of their sponsors.

    Ron Paul 2012!

    • Reality Seeker says:

      Trump: “Ron Paul Wouldn’t Have a Chance of Beating President Obama, Would Cast Black Eye on Iowa if He Won Caucus.”…..FAUX NEWS.

      Another enemy of freedom reveals himself! Just watch how the collectivist enemies of freedom rise up against Ron Paul in 2012.

      Make a note of it, and never forget the neo-ALAMO!

    • reunion says:

      what’s the root of “twitter”? what do flocks of small, tree-perched, birds do?

  33. David A. Welber says:

    I remember what was said when Dick Morris was advising Bill Clinton and was caught using a prostitute, that to say that a political consultant was caught with a prostitute was to be redundent.

    If you can find a political consultant with a political conviction, it’ll be a first. They make money manipulating public opinion. They must have read Heinlein when he said that you can’t fool all the people all the time, but you can fool enough of them to be able to run a pretty good sized country.

  34. Kevin Beck says:

    When Dick Morris says that Ron Paul’s nomination would guarantee a second term for Obama, he is proving that America can only exist with a nominal two-party system. Or should I say, with just two branches of the Big Government party. I believe he is helping to twist the news about Ron Paul’s candidacy, because he doesn’t understand the meaning of liberty. He, like many of the political class, don’t want to be outsiders looking in when their whacky opinions will be reviled.

    From what I have seen about Ron Paul, he doesn’t like to hang out with consultants; he has a message that doesn’t need twisted until it’s the opposite of what he says. And the Republican branch of the Big Government party doesn’t like an outsider showing the truth about the alleged two-party system.

  35. 366 on leap years. ///On the contrary, if Ron Paul has one weakness, it’s that he’s intellectually above the average voter’s head/// That is a major selling point for me. But sometimes wisdom consists in being able to seem dumber than you are. Reagan says, the heart of Conservatism is Libertarianism. Libertarianism is also a new term for Classical Liberalism. So I have a suggestion, stop using these two meaningless words. There is simply right and wrong. Please give my e-mail and especially website address to Ron Paul’s younger groupies. If they like Paul, they have a similar taste to my type.

    • I am referring to Kelly Clarkson et cetera.

    • reunion says:

      < But sometimes wisdom consists in being able to seem dumber than you are.

      that's called pandering (and is also what reagan was doing, when he uttered that quote) – not wisdom – and any such foundation is quicksand…which amerika has taken lead in putting everyone up to their necks in.

      even better than "right/wrong" is "true/false", or "correct/incorrect"……

      • Adressing a lay audience as if you were adressing an audience of specialists is called being out of touch with reality.

        • reunion says:

          telling a lay audience to quit laying about, quit the lays potato chips, is in perfect accord with reality. rent “network”, & review (or just watch the relevant clip, on youtube).

          i am not a specialist; i am a synthesist – because that’s what it takes.

          besides, this is a forum, not an audience.

  36. Reality Seeker says:

    Are Levin and Paul Really That Far Apart?

    So asked Robert Ringer not too long ago.

    Answer: Yes, they are because Levin is a big mouthpiece with “GOP” tattooed on his butt.

    Levin characterized Ron Paul as an “ego maniac” who “knows he can’t win” and said a third party run would siphon off enough votes to make sure Obama wins a second term.

    “I will do everything within my power, as limited as it is, to fight them every damn step of the way and if Ron Paul decides that he is going to go third party, which is detrimental to this nation and pulls a million votes, which is relatively insignificant in the big scheme of things, I will do everything within my power to defeat his son in Kentucky,” Levin promised.

    In early December Levin said he would vote for either Rick Santorum or Michele Bachmann.

    Mark Levin served in the cabinet of Reagan and was a chief of staff for Attorney General Edwin Meese. He is president of the Landmark Legal Foundation.

    The foundation takes money from a number of establishment foundations, including the Scaife Foundation.

    Billionaire Richard Mellon Scaife is principal heir to the Mellon banking, oil, and aluminum fortune and his Forum World Features, a foreign news service, was allegedly used as a front to disseminate CIA propaganda.

    The above information was sourced from: infowars(dot) com

    Add Levin to the list of Neo(con) hypocrites. The truth will be know about just who these people really are……..

    • reunion says:

      we’re all related, but perhaps some of those surnamed levin are a bit more closely related (carl, mark, etc….).

      the psychological fulcrum on this is how the bullied sometimes “grow” to be bullies themselves (mccain once surgically sterile in his cockpit, then behind bars in a different sort of cockpit, during his hanoi hilton days, now repetition compulsion has him on the other side of the bars…jews morphing into “israelis”…).

      the whole dynamic moves, visibly, on every playground & recess yard in the world. what was that book? “all i really need to know i learned in kindergarten”…..

      v: “what was done to me was monstrous.”
      evie: “and they created a monster.”

  37. Brent says:

    It’s hard to say you would want Obama over Romney. But as I see it, only Ron Paul has a budget that can save America. I think of America sort of as a horse with a broken leg. Obama would shoot it (accidentally?) and most of the GOP would slap a band-aid on the break while Paul would heal the leg. One really has to wonder if it is not just better to let the horse die as quickly as possible rather than let is suffer the slow death the GOP way. I think it is clear to anyone that knows math that America is NOT going to be saved by Romney or Santorum and one wonders if either they or their constituents even care enough to do the math (website).

  38. Brent says:

    I just wanted to add a comment about the Irony I find with these claims that Ron Paul is not a Republican and even might be a Liberal:
    We have been hearing them for some time. Some people on the right claim he should not be running as a Republican at all because he is really a Libertarian and maybe a Liberal.
    Question: if they really think he is so Liberal, why then do they fear him running as an independent? A Liberal based independent would split Obama’s votes, not the GOP’s votes. If they honestly think he is not at least 50% supported by Republicans they should not have a problem with him running as an independent as he would at worst take equal votes from each candidate and at best take votes from Obama.
    That’s not what you hear in the media. They fear him running independent because they fear him taking many more Republican then Democratic votes if he does. Doesn’t that make him a Republican then? And not just slightly either-talk show hosts like Rush have claimed he has the power to take so many with him he could destroy the Republican party utterly.
    Now tell me, does any of this make sense to you? Is this something a Liberal would do?
    If you asked many people which candidate would take the most Republicans with him if he left the Republican party and ran as an independent, many people would say Ron Paul. In any case most people would say he would take a lot with him. That sounds like a Republican to me!

    • reunion says:

      rp is a repub the way aldrich ames was a cia agent. he’s an infiltrator. simple necessity: the 2-party cartel rules are such that 3rd parties face extraordinary hurdles. 3rd parties also cannot surmount the stupidity of the masses, who want there to only be two teams on the field. that some repubs may support him does not ipso facto him into being a repub…that he might “destroy the repub party” definitely points to him being something other than repub.

    • Daddy Devlin says:

      Good to see you Brent.

  39. I wish we had somebody like Ron Paul here in Europe.
    ( But there is some hope: Austrian Economics also were developped in Europe… )

    Some comments to the Gold Standard and Hayek:
    The late Hayek does not believe that the Gold Standard were an optimal solution.
    He rather propsed a scheme of competing currencies issued by private companies. This is very well described in the book:
    “Denationalization of Money: The argument refined” by F.A.Hayek.
    The book is very well written and easy to understand.

    I think that privately issued currencies will have a better chance to come into existence soon if we let organizations like the FEB and the European Central Bank continue their inflationary “money” for a while.

    At a certain point of pain with their kind of money, people will eagerly start to use privately issued money.

    Kind of like Obama has helped the Tea Party to come into existence.

    • reunion says:

      what did hayek suggest the free market currencies would be collateralized with? it could be anything, but would have to be something. and gold tends to be the go to.

      • It is hard to summarize the book in a few lines but I’ll try nonetheless:

        Hayek conjectures that a gold-based currency will not win the competition.
        (but it may survive in a small niche)

        The reasoning is basically as follows:
        The major determining factor of success of a currency will be how much it helps a company to succeed if it is used as unit of account.

        According to Hayek, this will probably be the case for a currency with a stable average price level of a basket of those commodities which are most important for most businesses. This basket will not be the consumer price level but rather be based on the price of raw materials, capital goods, services which are essential for most businesses, and energy. Maybe also including the price of labour(?).

        The secondary determining factor will be how well it can balance the amount of saving and investment within the realm of this one currency. Otherwise there will be the tendency of a net inflow or outflow of money which will tilt the conversion rate of the currency, since each currency is necessarily a closed system where net inflow and outflow is not possible. ( but there can be net inflow and outflow of collateral of loans, so there is some elasticity for short term and mid term inbalances. )

        The balancing of investment and saving will probably be best achieved by a stable price level ( i.e. 0% inflation ), and proper management of interest rates and policies for granting loans.

        [To be continued...]

        • reunion says:

          thx, christian (for some reason your continuation is in my rss feeds folder, but it’s not here in thread…).

          will have a look at the book. but the “each currency is necessarily a closed system where net inflow & outflow is not possible” sinks the whole proposition. arbitrage must be available; it provides competitive pressure , and price discovery. the blackhats ended the gold standard precisely to do away with arbitrage.

          search “gessel”, who you mentioned in your continuation, over at mises org. pretty sure i’ve seen him, his ideas, discounted to a net present value of zero…..

          • Reunion, I have accidentally put my answer to the question of arbitrage in a multi-currency system in the main thread.

            To Silvio Gesell:
            You can read an English translation of his work at
            http://silvio-gesell.at/html/the_natural_economic_order.html

            I do not agree with everything he writes.

            But he offers some interesting insights.
            After all, Gesell is one of the few economists who was an entrepreneur and drew his conclusions from first-hand experience.

            But an uncritical usage of Gesell’s ideas is dangerous. After all, Keynes was inspired to a significant degree by Gesell. And the ideology of Keynes caused a lot of harm, as we all know.

            But there are also some indirect parallels between Gesell and Hayek.

            These are as follows:

            Gesell intuitively sensed that money is a distortion to the self-regulating capabilities of the free market. ( But I am not sure whether his proposed solution is an improvement. )

            In “Monetary Theory and the Trade Cycle”, Hayek scientifically shows that money distorts the self-regulating capabilities of the free market. I.e., at the core, it is the same insight as Gesell.

            The solution of the late Hayek is his proposed scheme of competing private currencies, i.e., apply free market to currencies as well, so to remove the distortions caused by a monopolized monetary system.

            ***

            Why is the Euro and the European Union in such a trouble? Because the Euro replaced the competition between local european currencies by a monopoly.

  40. Arbitrage will be possible of course:

    There will to be a currency-exchange. Exchange rates between these competing currencies will be determined on this exchange.

    With “closed system” I mean that when somebody sells 100 units of currency A, somebody else buys 100 units of currency A. This is a necessary property of how an exchange works. So there is no net inflow or outflow to/from currency A.

    Banks have to apply several management techniques to ensure almost stable exchange rates with other currencies of the same quality.

    So, if lots of people want to sell currency A in order to buy currency B, how will bank A prevent a fall in exchange rates?

    Some strategies:
    * Bank A will have some stock of currency B as a reserve for short term reactions. So, bank A will buy A and sell B from its stock of B.
    * Bank A can increase its interest rate. This creates demand for A.
    * Bank A can sell real-assets for currency B and use these B for buying A on the exchange. With this technique, the issuer of A can buy the total quantity of A if necessary, provided that the issuer of A has a sufficiently positive net capital. ( Instead of selling the assets, they can get a loan in B with using the assets as collateral. )

    I have seen such a scheme working life between D-Mark and Austrian Schilling. The Austrian Central Bank applied similar strategies and achieved a stable exchange rate of 7:1 for decades, even though both currencies could be traded freely. Fluctuations were less than 0.1%.

  41. [...] Why Dick Morris Fears Ron Paul | A Voice of Sanity – RobertRinger.com. Share this:EmailFacebookTwitterPrintLike this:LikeBe the first to like this post. This entry was posted in Uncategorized by The Libertarian Buddhist. Bookmark the permalink. [...]

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