The Republican Debate.
In the space of four minutes I heard Ron Paul say the greatest problem we have, is that we are spending $1 Trillion per year on our foreign military operations, and we are borrowing that money from the Chinese. Then John McCain says in his administration he’s going to cut spending so we don’t have to borrow from the Chinese in a McCain Administration. Good luck finding another customer with $800 billion in dollars that need to be parked in treasuries, especially when you also say we could be in Iraq for “one hundred years”.
Then Mike Huckabee noted that 4 months ago they had a debate on CNBC in which they were all asked about the state of the economy. Romney, McCain, Thompson, Guiliani all said the economy was in great shape. Only Huckabee said that from the point of view of the lower middle class, things were not going well–and that only he said so. Now he is saying I’m the only one who told the truth on the economy.
What a wierd race the Republicans are looking at? Their savior of the moment is John McCain– stuck in some mid 70′s notion that embraces globalization but has not clued into the effect of banning the Chinese Government from bidding on U.S. Treasuries (see above). Yikes! Gomer Pyle.
Huckabee’s populism is becoming more eloquent. He could increase his base beyond the church folk to the pissed off Reagan Democrats who stuck with the Republican Brand, and now are deserting it (The Generic Party preference is more than +14 for the democrats).
Ron Paul is like the jester in a Shakespearean Play. He gets to “say truth to power”, but only if they can consider him no real threat to their power. Paul has enough money, thanks to the libertarian nature of the Internet community, that he can stay in until the convention just to have a platform for his ideas.
Odd, don’t you think… Paul, the only one who actaully holds to traditional Republican values (small government, reduced spending) seems to be getting completely ignored by the frontrunners. Why is only really “Republican” Republican getting pushed to the back of the class instead if the front? You’d think he would be their poster boy.
Well, Paul is a kind of populist libertarian, and that doesn’t go well with modern Republican values of corporate welfare and a globalized economy that serves the wealthy while screwing America’s middle class. Paul is also probably the least hypocritical of them all, the most straight forward, and honest. Doesn’t mean I’d vote for him, but I respect him and none of the rest.
@matt the old grey elephant ain’t what she used to be
[...] and cut income to the Treasury so we will have to borrow more from the Chinese government. Back in February during a Republican Debate, McCain said he was going to cut wasteful spending so much that we would no longer have to borrow [...]