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Title: David Stockman: GOP Candidates “Checked Out of Reality”
Source:
Daily Ticker
URL Source: http://finance.yahoo.com/blogs/dail ... lja2VyBHNsawNnb3BjYW5kaWRhdGU-
Published: Aug 18, 2011
Author: Peter Gorenstein
Post Date: 2011-08-18 12:05:02 by Brian S
Keywords: None
Views: 6881
Comments: 8
Former Michigan Congressman and former Reagan official David Stockman is a vocal critic of President Obama's Keynesian policies but he's also not very pleased with his GOP cohorts running for the White House.
As he details in the accompanying interview with Aaron Task, Stockman believes the Republicans are off base in their refusal to even discuss the notion of higher taxes at a time when the government faces an insurmountable debt burden. "I think it's absurd. It is willful ignorance of the facts of life."
At the Iowa GOP debates last week all candidates in attendance said they would reject any debt reduction compromise featuring a 10 to 1 ratio of spending cuts to tax increases. An incredulous Stockman's reaction: "that means the Republican party is checked out of reality."
Out of all the current contenders Stockman favors Texas Congressman Ron Paul. "If I were to pick any candidate who's saying the right things on the core issues of foreign policy and the need to end this credit card imperialism, and the need to get the central bank back into the narrow slot it should be in," Stockman believes Paul's "a lot closer than anyone else."
Does Paul have a shot to win?
Stockman isn't so sure but does think he could make a real difference if he runs as a third party candidate. Subscribe to *RON PAUL 2012*
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4 years ago Paul seemed to be the crazy guy in the room. Now Paul seems the most sane, honest, and adult of anyone running on the GOP side.
A Paul/Obama debate would be really fun to watch.
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#2. To: go65 (#1) (Edited)
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HA! The tea-party, INDEED! They're so . . . ah . . . common
#3. To: Get Outta Dodge! (#2)
Given your view that taxes need to be raised, how do you square with this? RON PAUL ON TAXES
I don't agree with Ron Paul (or anyone) on everything. I will say again that Paul is the only guy in the GOP room that doesn't sound like a fool, manufactured, or insane.
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#4. To: aka stone, go65 (#2)
4 years ago Paul seemed to be the crazy guy in the room. Now Paul seems the most sane, honest, and adult of anyone running on the GOP side.
Really?
Given your view that taxes need to be raised, how do you square with this? RON PAUL ON TAXES
(I don't know why it's putting so much space in the post
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HA! The tea-party, INDEED! They're so . . . ah . . . common
#5. To: go65 (#3)
I don't agree with Ron Paul (or anyone) on everything.
I can appreciate that - but that's a pretty basic item to disagree on.
That would be like me saying "I agree with the Tea Party - except that taxes should be raised."
If you really believe RP's philosophy of limited, Constitutional gov't, it's hard to square that with raising taxes.
Revenue IS NOT the problem - SPENDING is.
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HA! The tea-party, INDEED! They're so . . . ah . . . common
#6. To: Get Outta Dodge! (#5) (Edited)
That would be like me saying "I agree with the Tea Party - except that taxes should be raised."
i largely agree with paul on national security, war on drugs, and civil liberties. I agreed with his economic views before the 2008 crash, but not now. But I think you are missing the point. Paul can actually defend his ideas, he's an intelligent guy, and he doesn't resort to acting like a child or making idiotic bombastic statements. While his views are almost 180 from Obama, they both treat opponents with respect and are willing to engage in spirited debate without name calling.
That's why I'd love to see a Paul/Obama general. It would drive folks like Limbaugh and most of Fox News absolutely insane.
And with regard to taxes, I completely agree with Paul's call for abolishing income based taxes and repealing the 16th amendment. I've been a proponent of replacing income taxes with a National Sales Tax since Richard Lugar ran on that platform in 1988.
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#7. To: go65 (#6)
i largely agree with paul on national security, war on drugs, and civil liberties. I agreed with his economic views before the 2008 crash, but not now. But I think you are missing the point. Paul can actually defend his ideas, he's an intelligent guy, and he doesn't resort to acting like a child or making idiotic bombastic statements. While his views are almost 180 from Obama . . .So far, so good . . .
. . . they both treat opponents with respect and are willing to engage in spirited debate without name calling.Are you serious? You've got to be kidding. You're talking about Obama, right? Barack H. Obama? He of the "tea-bagger" and the "religious people cling to Bibles and guns" comments? That Obama?
That's why I'd love to see a Paul/Obama general. It would drive folks like Limbaugh and most of Fox News absolutely insane.Can't argue with that.
And with regard to taxes, I completely agree with Paul's call for abolishing income based taxes and repealing the 16th amendment. I've been a proponent of replacing income taxes with a National Sales Tax since Richard Lugar ran on that platform in 1988.I'd like to see something like that, too - but I think there are too many special interests who would oppose changing the status quo.
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HA! The tea-party, INDEED! They're so . . . ah . . . common
#8. To: Get Outta Dodge! (#7)
I'd like to see something like that, too - but I think there are too many special interests who would oppose changing the status quo.
Yep, the tax code is the center of power in Washington D.C.
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