What continues to attract me is his domestic policy. He has the most comprehensive and fact-based plan of all the candidates. Romney's may be more detailed, and Gingrich may have bigger ideas with more facets than a rare gem, but Ron Paul focuses in on big government and its big spending ways. It is a personal freedom and economic liberty agenda.
Cut Spending...
$ Cut $1 trillion in spending during the first year
$ Eliminate five cabinet departments (Energy, HUD, Commerce, Interior, and Education)
$ End airport rape and grope operations by abolishing Thousands Standing Around
$ Abolish corporate subsidies
$ Abolish foreign aid
$ End foreign wars
$ Return most other spending to 2006 levels
Regulation...
* Repeal ObamaCare, Dodd-Frank, and Sarbanes-Oxley
* Thorough congressional review and authorization before implementing any new regulations issued by bureaucrats
* President Paul will also cancel all onerous regulations previously issued by Executive Order.
Oh, and Ron Paul was right about the Federal Reserve...
No, it's not an evil Zionist cabal, but the GAO audit did uncover a fetid nest of crony crapitalism. The GAO report is dry and stuffed with diplomatic language like "...opportunities exist to strengthen its conflict policies."
The most troublesome revelation in the GAO audit is the extent to which insiders benefited from their positions and access during the crisis. The GAO found 18 instances in which current and former members of the Fed affiliated with banks and other companies received emergency loans from the board, including General Electric, Goldman Sachs, Lehman Brothers, and JP Morgan Chase. In the case of General Electric, its CEO Jeffrey Immelt served on the New York Fed, which loaned his corporation $16 billion in emergency funding during the crisis.
One of Goldman Sachs' directors, Stephen Friedman, was chairman of the board of the New York Fed. Friedman also owned substantial stock in Goldman Sachs during the same period in 2008 when the New York Fed voted to allow Goldman to operate as a commercial bank as well as an investment bank. That approval meant Goldman got access to loans from the Fed at highly favorable rates. Fed ethics guidelines prohibit a Fed governor from owning stock in a firm being considered for commercial status, but Friedman received a waiver and continued buying Goldman stock.
As for JP Morgan Chase, its chief executive officer, Jamie Dimon, was on the New York Fed board when the company got $29 billion in emergency loans. In addition, Dimon was able to secure approval from the New York Fed for an 18-month exemption... (Washington Examiner)President Obama is chummy with these crony crapitalists and he's OK with them using taxpayer money as their personal stash. President Paul would put a stop to it.
