Romney finds his issue; it’s the economy

Discussion: 6 comments so far…

1. By horatio

   1/18/08 at 6:35 a.m.

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   Well, Romney has got one thing right, the economy is important in this election. The problem is that he's utterly clueless, and has no guiding principles with which to deal with it. We need to drastically cut taxes, eliminate the income tax, and, most importantly, stop the devaluation of the dollar by the Fed. Only Ron Paul seems willing to discuss this. Romney simply wants the same old same old,e.g., provide billions of tax dollars to "help out," say, the auto industry. In other words, use your money to help out whichever special interest is useful in whatever state he is campaigning in at the moment. We need someone who's going to get to the heart of the problem, and provide meantingful long-term benefit to the economy. The only person talking about that is Ron Paul.

2. By joehodes

   1/18/08 at 7:08 a.m.

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   With Mitt Romney's obvious devotion to his family, I bet he would be a great guy to have as a neighbor. But as a political candidate he has been a disaster.

   Look at his economic "policy."

   Romney made millions as a venture capitalist and leverage buyout/turnaround specialist. Some of those millions came from creating jobs in America like financing the creation of Staples office stores. Some of those millions came from shipping thousands of jobs overseas and feasting on the corpses of American companies like AmPad, KB Toys and Babbages.

   Then, when the chips are down in the Michigan primary, he makes promises to the domestic auto industry that would make John Edwards blush. Billions to prop up a crippled industry that hasn't learned to be competitive despite being in decline for 30 years.

   There is no universe in which the fiscal conservative capitalist who made millions with Bain Capital and Consulting would endorse such invasive government control and coddling of American industry if he wasn't desperate for votes.

   Less than three years ago Mitt Romney was a pro-choice, pro-gay marriage, tax raising (excuse me, he didn't raise "taxes"...he merely "increased fees" and "closed loopholes" to the tune of $400 million annually from struggling businesses) Massachusetts moderate.

   So, he'll flop on abortion, gay marriage and taxes to get the votes of gullible social conservatives and then flop on his fiscal conservative values and better business sense to bribe votes from the working class.

   And when he gets into office and is facing withering political fire from a hostile Democratic Congress and a public that demands real solutions to the problems we face, what else will Mitt flop and fold on?

   And all this on domestic and financial affairs with which he has some experience. God help us when he has to tackle foreign affairs in which he has NO experience.

3. By danman5515

   1/18/08 at 7:53 a.m.

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   Ron Paul has written several novels on monetary policy. He's the only candidate who I think can get a handle on this economy. He has over 1100 Nevada resident VOLUNTEERS on meetup.com. In Iowa, that same number translated into about 12,000 votes. Nevada turnout is only expected to be around 40,000. Look for Ron Paul to shock the world in Nevada.

4. By JohnFive

   1/18/08 at 2:16 p.m.

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   "All the perplexities, confusion and distress in America arise, not from defects of the Constitution or Confederation; not from any want of honor or virtue, as much as downright ignorance of the nature of coin, credit and circulation." John Adams wrote to Thomas Jefferson in 1797.

   Today, two hundred years later, his statement still holds true. And because of this the United Stats has allowed and continues to allow the Federal Reserve, a paper corporation, to control the flow of money; making it tight and creating unemployment or printing more and creates inflation.

   Article I, Section 8, Clause 5 of the United States Constitution states that the Congress shall have the power to coin money and regulate the value thereof and of any foreign coins. As you may know, this is not the case anymore. The United States government has no power to issue money, control the flow of money, or to even distribute it; that belongs to a private corporation registered in the State of Delaware, the Federal Reserve Bank, created by Congress in 1913.

   Although the Fed can print money with no backing it still requires US citizens issue T-bills to support the created money. Unfortunately it is our children that pay for the treasury bills we issue to prop up the markets. Any money the Fed releases to "curb market jitters over sub-prime woes" is a tax on unborn children who will be paying the interest on the debt we have accrued.

   When the Fed injects more money into the system, then you have more money chasing the same number of goods which causes inflation. Inflation exists from the uneven change in the volume of money, say, when it is printed and given to a defense contractor. For the moment the contractor's suppliers do not realize the money volume has changed, the recipient of the printed money experiences increased purchasing power. The workers end up receiving the wage in old money, but then are faced with prices in the new money after the vendors adjust to the new money supply.

   Generations ago it was free for citizens to turn their gold and silver into money, which increased the money supply as a wealth to the people. Now dollars are created out of thin air and loaned into circulation as debt against future production, not exchanged into circulation as production performed. Money has been switched from an evidence of wealth to an evidence of debt. The whole principle and function of money has been switched.

   Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

   Slavery is the price of ignorance.

   Ron Paul 2008!

5. By lnardozi

   1/18/08 at 5:33 p.m.

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   Remember, if Ron Paul's policies are enacted the even WITHOUT eliminating the income tax the average family will pay about $10,000 a year LESS in taxes. That's $250 a week. Would $250 a week make a difference in your standard of living? How about $250 a week PLUS prices not going through the roof every week? Why do you think the media and corporations don't want you to know about him?

6. By poliscistudent

   1/18/08 at 11:15 p.m.

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   Thanks to Romney for caring about Nevada!!! Romney has spent a lot of time in Nevada letting the voters get to know him. The other candidates have skipped out on Nevada. Let's show Romney our support and go out and Caucus for him in the morning. He is the best candidate.

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