Friday, February 22, 2019

Rep. Ron Paul and Blackmail Economics…

June 9, 2011 by  
Filed under Opinion, Politics, Weekly Columns

Like Love Haha Wow Sad Angry

( I have never been partial to the phrase blackmail, when historically, it seems like white oligarchs are the ones mainly undertaking such actions and folk the color black aint have no part in defining. But that is another story, and for lack of something new to assist in the accretion of incident promoting a general comity of understanding, blackmail will have to suffice.

Now *I must admit, over the past four years I was troubled by the economic landscape prior to the abyss instituted via the Bush administration, and likewise, suspect of the assertions made by the Obama administration to solve these issues. Even worse is what I see on the side  of the GOP that seems to purport that verbose vehemence objecting to any action by any party is what America needs to grow jobs.

My main consternation is that the GOP offers no solutions to solving the problems of the economy or creating jobs and that Obama obviously has no real comprehension of economics. Not that I do, but my layman understanding seems to be advanced placement compared to the house GOP and the present administration. Also is the observation that in order to prove a point, even if it is to get Obama out of the Whitehouse, it seems they will do anything – even black mail. I mean no matter how you look at it saying they will not raise the debt ceiling without spending cuts is extortion.

As the debt ceiling fight continues, Republicans are playing down the effect a default could have on our national economy. Rep. Ron Paul (R-TX), when asked about what would happen if we pass the August 2nd deadline without raising the debt ceiling noted that it could be a “positive thing” because it would show we’re “serious.”

Yes it is serious out here Mr. Paul. This while recent housing and employment data notes we are struggling and may even is close to a double dip recession. Albeit under employed folk like me see the dips melted together for it still feels the same. Not to mention I suspect home prices have much further to fall. The President is not out of the clear either. Just this week he indicated that the US would provide US financial support to bail out Greece. This after he has tripled the US deficit and we have 9.1 percent unemployment.

After a meeting with German Chancellor Angela Merkel, The president said, “I’m confident that Germany’s leadership, along with other key actors in Europe, will help us arrive at a path for Greece to return to growth, for this debt to become more manageable,” Obama said.

“But it’s going to require some patience and some time. And we have pledged to cooperate fully in working through these issues, both on a bilateral basis but also through international and financial institutions like the IMF.”

I find it hard to believe that the Democrats or Republicans, regardless in the House or Pennsylvania Avenue do not see that they are holding the American citizenry hostage. Things are not getting any better for most of us and it will only get worse. Three years ago I wrote an essay describing these times called “Real n the Field.” It is that time.

Just this past Memorial Day weekend, across the nation looked like places in the Middle East. There were reports of serious violence in Miami, New York, Chicago, Charlotte, Myrtle Beach, Nashville and even Boston. In Washington recently a teenager shot her Dad with a hunting bow when he took her cell phone. Approximately, 45.1 percent 4 of all unemployed Americans have been out of work for at least six months. That is a higher percentage than at any point during the Great Depression.

Not to mention that the average price of a gallon of gasoline in the United States was is a little under $4.00 compared to $1.88 in 2009 and the cost of food and energy have risen at an annualized rate of 17 percent over the past six months. According to the World Bank, the global price of food has risen 36% over the past 12 months. And this doesn’t include the problems with floods, natural disasters, droughts, food shortages or our actions abroad. Yea, we are being black mailed by politicians on both side of the aisle and the only thing that makes them different from us is that they are inside the beltway with a direct flight to Wall Street.

Written By Torrance Stephens

Official website;


11 Responses to “Rep. Ron Paul and Blackmail Economics…”
  1. DontBelieveTheHype says:

    Opponents of Ron Paul’s message are generally of two types.

    Either they have such intense intellectual discomfort at considering taking a principled constitutional position on an issue, that, when doing so goes against their personal desires or ignorance, even while it simultaneously champions freedom, that supporting a principled stance is just too painful for them to overcome,


    They know damn well that a principled stance is intellectually correct but are willfully evil, self serving personalities that absolutely care nothing about the concept of freedom or its instruments any time it conflicts with their personal world view or the accumulation of power over others.

    Get right, get educated, get the Ron Paul message.

  2. RK says:

    It is very odd how one can bash Dr. Paul for being out of touch, but praise Obama or even George W. Bush for being “in touch”.

    Obama and W have very similar policies you cannot like one with out liking the other, nor can you hate one without hating the other. They are essentially the same politician.

    Obama has continued or expanded upon failed Dubya policy. Which was born of failed Clinton, Bush I, etc policy.

    We need a REAL CHANGE in government. Words of change or meaningless.

  3. Rob says:

    The headline of this article is nothing short of extreme. How is it extortion for Ron Paul to not support raising the debt ceiling? Raising the debt ceiling has set a very dangerous precedent for spending in Washington to be virtually limitless. We do not have a revenue problem, we have a spending problem. I don’t necessarily agree with Dr. Paul saying that if we defaulted, we would show that we were serious. I think we would be taken seriously if we immediately cut government jobs and government spending to below the current debt limit before the deadline even gets here. This idea just makes way too much sense for most people in Washington to understand it.

  4. Staff says:

    You have a nice sites listed there Cade…


  5. Cade says:

    Economics in One Lesson by Henry Hazlitt

    Read the first chapter on Amazon and you will be hooked to finish the rest. Fun and informing read.

  6. Staff says:

    What’s your problem Ed? You must be a Ron Paul Supporter… I bet you have no problem with any other blog posting stuff about this man? -Smile-


  7. ed helmstetter says:

    this website should just give it up-there`s no way to win the intellectual argument over ron paul`s positions-i`m not sure what the intent of this site is nor do i understand who the authors are trying to influence but it`s surely a lost cause

  8. Aaron says:

    I think Ron Paul is right on the debt limit. The Welfare State and the Warfare State is simply not viable any longer. There are not going to be enough Gen Xers and Gen Yers to support this system.

    He is right on the role of government. Article 1, Section 8 of the Constitution has been so liberally interpreted, that the government appears to have no limitations on its power. That is unsettling.

    I also encourage people to look into the Austrian School. It has a great deal of insights on the crisis and our current depression.

  9. Steven says:

    I completely agree with the above poster regarding inflation.

    As for the author, perhaps you should further investigate Mr. Paul and his stances/ voting record before you bash him.

    Ron Paul would do a lot of good for today’s black population. Ending the drug war would save many young blacks from prison time or an early death.

  10. GabeNtx says:

    Extortion is used against the American people everyday when lobbyist use their influence (cold hard cash) to buy our representatives. When Republicans fight for cuts in govt spending, which is MY money, it is actually just representation. Dr. Paul warned us of the impending housing collapse, and has been a lonely voice in the congress for LESS govt expansion overseas as well as here in the states. I think you are “playing down” the effect continued deficit financing will have on our nation. The symptoms are already here! Inflation and unemployment are direct effects of this HUGE spending problem we have. And Dr Ron Paul has put forth a plan to fix this economy. The only one of its kind that is different in his approach than any of the other reps in congress. The govt spending takes much needed capital out of the hands of the market and places it in politicians hands who are beholden to special interests. How can we have a free market with the govt being involved with every business decision for numerous companies. People complaining that there’s no plan for the economy don’t understand that there is not enough tinkering anyone could do to dodge this coming fiscal disaster. The only way to lessen the blow of the bed we made and must now sleep in is to stop what got us here. Spending. Ron Paul is the ONLY one who can be trusted to do this. They’ve been promising cuts for over a year now and as it stands today the spending will be over 5 trillion dollars more this year than last. That is what I call the last straw. Trust no politicians without the record to prove it. Check Dr. Paul’s record. He has NEVER voted for an unbalanced budget. Dr. No is exactly who we need for President.

  11. cp says:

    “and that Obama obviously has no real comprehension of economics. Not that I do,”

    you should have stopped there….

    you make note of Obama’s massive deficit spending, then go on to complain about the extremely high gas and food prices? DO you not see the connection?

    It’s simple….Obama isn’t taxing (at least in the traditional sense). The Fed has authorized QE1/QE2 and stimulus. The Fed prints more money (LOTS more money). As the fed prints money, it makes YOUR dollars worth less than before they started printing since there are so many more dollars available.

    It’s called ‘inflation tax’ and it’s the worst taxation you can throw at your citizens, because EVERYTHING gets more expensive. Read a little bit into the efforts of Ron Paul for sound money that the government can’t monkey around with and maybe you won’t attempt to chastise the one person trying to help out the little guys.

    Start here >>>> ‘’ And do it with an open mind. When I first started listening to Ron Paul I thought he was a total nutter as well. But the more I looked and listened and thought on my own with my own mind the perfect rationality became too true to shun away.

    FACT: If Ron Paul was elected tomorrow gas prices would go down the very same day. Wall Street knows he is for sound currency. He wouldn’t even have to do a thing. They would know what was coming.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!