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So you think Ron Paul can dance.

22 Dec

You’ve got to read this if you thought for one second Ron Paul was different than the other Republicans.  Sure, sure, he wants to end the wars.  But everything else is deregulation, getting rid of the Dept of Ed (the Dept of Education!), various other departments, and lowering taxes on the rich and on corporations.  I notice, also, that his big “end the Fed” is really just “audit the Fed” and that “return to the gold standard” is actually “allow people to use gold if they want”.   What a joke.

Our “choices” this time are 1) vote for any number of the nutcases called Republicans, 2) vote for the banker-backed, neoliberal Obama, and 3) vote for Ron Paul.  In any case, we will get the total destruction of our social safety nets, austerity, and deregulation of all industries.  If you cannot tell that Goldman, Sachs is running this election and we lose no matter who we “vote” for, I can’t help you any further.  It should be as obvious as the nose on your face that we are being managed, that we are getting a President installed the same way Greece, Italy and Libya just did.  They are only bothering to hold this sham election so we will continue to argue about the “left” and the “right” amongst ourselves while our country is sacked and looted.

For what it is worth, here are Ron Paul’s economic and social “plans”; and this explains why he is still registered as a Republican.  The rest of this is from the article linked below, which is based on Ron Paul’s own written plan [bolding mine]:

[He] wants to abolish five Cabinet departments, drastically lower corporate taxes, and allow younger workers to opt out of the Social Security system.

Here are the key components of Paul’s economic plan, “Restore America,” released in October:

Spending: Paul proposes cutting $1 trillion from the federal budget during his first year in office, and balancing the budget by his third year. He would do this in part by eliminating five cabinet departments: Energy; Housing and Urban Development; Commerce; Interior; and Education. (Paul has not offered specifics on what would happen to some of the functions currently performed by the departments he wants to abolish–maintaining our nuclear weapons, administering our intellectual property system, and conducting the Census, for instance.)

He would also scrap the Transportation Security Administration, which is part of the Department of Homeland Security, eliminate corporate subsidies, end foreign aid, and return most other federal spending to 2006 levels.

Paul says he would cut the federal workforce by 10 percent…

Paul, who opposes almost all American military intervention overseas, also says he would save money by ending foreign wars.

Taxes: Paul has said in the past that he’d like to abolish personal income tax rates, but his plan doesn’t suggest that. It does propose lowering the corporate tax rate to 15 percent, from 35 percent. And it would extend the Bush tax cuts and eliminate the estate tax. Paul’s campaign has said elsewhere that he supports eliminating the capital gains tax, which, as we’ve written, would be a boon for, among others, private-equity managers on Wall Street.

Regulation: Like most of his rivals, Paul would repeal President Obama’s health care law. He would also get rid of the Dodd-Frank financial reform law intended to increase regulation of Wall Street. And he’d scrap Sarbanes-Oxley, the corporate governance law passed in the wake of the Enron scandal.

Monetary Policy: Paul has written a book called “End the Fed,” but his plan calls only for auditing the central bank–something he’s been trying to do as a legislator. He also would push “competing currency legislation”–meaning he wants individuals to be able to use alternative currencies to the dollar, including gold and silver. The idea is to reduce the federal government’s control over the monetary supply.

Social Security, Medicare, and Medicaid: Paul says he wouldn’t scrap Social Security and Medicare. His plan “honors our promise to our seniors and veterans,” meaning that those currently in the programs could stay in them. But he would like to allow younger workers to opt out of the Social Security system and the payroll taxes it imposes–although the details of how he would accomplish this are unclear.

“Dr. Paul is committed to fully funding Social Security and Medicare while we work a transition to allow young workers the freedom to save for their own retirement,” Jesse Benton, the national chairman of Paul’s presidential campaign, told Yahoo News.

Benton implied that the Social Security and Medicare payments for current retirees–paid for by payroll taxes on younger workers under the current system–would be provided by radically reducing the American military footprint around the globe, along with other cuts. “It will require cuts elsewhere, but we can save hundreds of billions of dollars a year by bringing troops home, ending foreign welfare and overseas nation building and providing a stronger national defense here at home,” Benton said. “If we cut and work hard, we can take care of our seniors who rely on their Medicare and Social Security.”

In its basic outline, Paul’s plan shares several common features with those of his Republican rivals. All support extending the Bush tax cuts, and most want to lower the corporate tax rate. Newt Gingrich, Jon Hunstman, and Rick Perry would scrap the capital gains tax. And a desire to cut government spending is almost a requirement for entry into the Republican field.

If Paul’s profile in the race continues to rise, he’ll likely be required to fill in some of the plan’s details, which remain vague. Extending the Bush tax cuts and cutting the corporate tax rate by more than half would make it difficult to balance the budget in three years, even by eliminating five Cabinet departments and cutting waste. The only feasible way to do so would be large cuts to the three big drivers of government spending: Social Security, Medicare, and the military.

Paul on Other Issues

(1) Taxes: Abolish income, capital gains, and estate taxes, as well as the IRS. Provide more tax credits and deductions. Rely on excise taxes, non-protectionist tariffs, fees, and minimal corporate ones.

(2) Energy: Remove all restrictions on drilling, mining and nuclear power. Repeal federal taxes on gasoline. Abolish the EPA, and provide tax credits as incentives to develop and produce alternative energy technologies.

(3) Immigration: Enforce border security to keep undocumented immigrants out. Prohibit amnesty and social benefits for those here, and end automatic birthright citizenship for their children born on US soil.

(4) Abortion: Repeal Roe v. Wade granting abortion rights up to viability (fetal survival outside the uterus). Define life as beginning at conception, even for rape victims.

(5) Gun Ownership: Assure the Second Amendment’s right to bear arms even though it pertains to militia rights “to execute the laws of the union, suppress insurrections and repel invasions.”

Repeal the Brady Bill and Assault Weapons Ban restricting firearms purchases, and end US support for global gun control laws and other initiatives. Presidents, says Paul, should “be 100% committed to defending our God-given right to keep and bear arms,” even those most destructive apparently.

(6) Right to Work: Without saying so, he opposes hard-won labor rights, including failed Employee Free Choice Act (EFCA) provisions to let workers “form, join, or assist labor organizations, to provide for mandatory injunctions for unfair labor practices during organizing efforts, and other purposes.”


http://news.yahoo.com/blogs/ticket/paulonomics-ron-paul-plans-taxes-spending-social-security-142130626.html
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Posted by on December 22, 2011 in elections

 

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