Rand Paul is a classic example of an emperor that has no clothes. The clothes that Paul is lacking are American values of our founders.
In Federalist Paper 12, Alexander Hamilton wrote how government should be funded He wrote:
“The ability of a country to pay taxes must always be proportioned, in a great degree, to the quantity of money in circulation, and to the celerity with which it circulates. Commerce, contributing to both these objects, must of necessity render the payment of taxes easier, and facilitate the requisite supplies to the treasury.
“The wants of the government can never obtain an adequate supply, unless all the sources of revenue are open to its demands….”
That would include a proportional rate tax on the movement of all stock transactions. Hence, the $700-trillion-a-year OTC derivatives market; the $4-trillion-a-day Foreign Exchange derivatives market; the $1-trillion-a-day USB trades; $1.5-trillion-a-year drug cartel bank laundered money.
A 1% proportional rate would net the treasury about $70-trillion-a-year. Why isn’t Paul proposing such a transaction fee on these?
Paul says he putting up a fight against the Affordable Care Act, AKA, Good Samaritan Care. The AFC is a part of the general welfare provided by the Constitution (Art I Sec 8 Clause 1). The Constitution requires it to be funded.
If Paul’s a physician, his diagnosis of problems is sorely lacking. He should be avoided like the plague.
- STEIN: A bit of a personal question then, are you on Social Security? Do you get Social Security checks?
- PAUL: I do.
- STEIN: Well, I mean, is there — you just told younger generations that they should ween themselves off this social contract.
- PAUL: That is true.
- STEIN: But you haven’t done it yourself…Don’t you think you chould have set a good example for the future generations. You’re not the wealthiest man in congress, I know that, but you have enough means to take care of yourself in retirement…Couldn’t you have set an example?
- PAUL: No. I think the programs are so designed, just as I use the post office too, I use government highways, I do that too, I use the banks, the federal reserve system, but that doesn’t mean that you can’t work to remove this in the same way on Social Security.
- Ron Paul is a racist...and looney
But people close to Paul’s operations said he was deeply involved in the company that produced the newsletters, Ron Paul & Associates, and closely monitored its operations, signing off on articles and speaking to staff members virtually every day.
“It was his newsletter, and it was under his name, so he always got to see the final product. . . . He would proof it,’’ said Renae Hathway, a former secretary in Paul’s company and a supporter of the Texas congressman.
The newsletters point to a rarely seen and somewhat opaque side of Paul, who has surprised the political community by becoming an important factor in the Republican race. The candidate, who has presented himself as a kindly doctor and political truth-teller, declined in a recent debate to release his tax returns, joking that he would be “embarrassed” about his income compared with that of his richer GOP rivals.