None of the British parties has the slightest intention of eradicating the UK budget deficit - they are all Money Tree worshippers. And our record on free speech and civil liberties over the past few years has been dire. Rand Paul ( son of Ron Paul) is different and yesterday announced he was running for US President.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
wildrides
Your going on holiday to watch the American Primary’s ……………….. right .
Keep taking the meds and try and get a bit more sleep .
p/s the money tree is real
pps I loved todays typo “beedited”
turbograndad
Yet another beacon of hope, to come up against the machine.
I seem to remember a one Barack Obama.
Words are easy, action somethin else buddy.
DUCK AND DIVE
That’s just a patchwork of populist sound bytes. How he forgot to include the biggest rabble-rouser of all — “We will cut your taxes” — is beyond me. Anyone can spout that Utopian dream — but no-one can deliver it. Does he imagine he can neuter Congress without Congress voting for it? Does he think he can build the defence system he describes for a dollar less than the Government’s $3trn annual receipts? Didn’t the intelligence chiefs tell him that you can’t fight militant Islam without tapping the phones of, and killing, innocent people?
This guy is playing the push-button politics game and his promises can never be delivered. He sounds like an AIM prospectus. Apparently he’s a corny expert. Or did he say cornea?
Jason
At some point western nations will have to face the reality that you can’t have what you can’t afford and that we are not entitled to a standard of living higher than most of the planet funded by never ending debt.
The sooner governments and their electorates face it the less painful will be the adjustment needed to correct it if we’ve got products/services others still want to buy. It’d be pretty brutal an adjustment even now for UK with it’s £1.5tn debt + unfunded pension / benefits + PFIs, local government, business & personal debt. Not worth holding loads of liquid assets as the Cypriot raid on accounts showed (& created a precedent for sticky fingered politicians to follow).
Striebs
“Quit spending money we don’t have” is just too simplistic .
There is nothing about Govt spending debt free money into existence as an alternative to expanding money supply by credit via high fractional reserve ratio’s and a privately held central bank .
Other than lowering corporation tax to encourage global companies to pay tax in the U.S. , there is little else in there about flight of capital ; both overseas and into the pockets of the international super-rich (generally crony) capitalists .
The U.S. stands a chance of sorting itself out once it rectifies the mistake of electing Obama .
Merkel has had it all her own way in the EU for the last 5 years . In a couple of years Sarkozy will come back to rescue France from Le Catastrophic and provide some balance in the E.U.
Yet for the next 5 years the U.K. is likely to be saddled with weak EUphile Cameron who doesn’t even believe in a self governing U.K.and wants to remain a regional office of Brussels .
Bobby Boogies
This is the loser who couldn’t pass his state’s Ophthalmology certification so he started his own National Ophthalmology organization. Said organization naturally certified him but is not recognized American Board of Medical Specialties. I love the fact that like a good Randbot he rails against government regulations keeping the real men down while we have emphatic proof of his ineptitude and his shamelessness in this one act. I’ll enjoy watching this fraud’s campaign’s inevitable crash and burn like his fathers before him.
dasv
“With his creation of a ludicrous home-brew “certifying board,” he has shown his dedication not to a movement but to the single goal of making life a little bit more convenient for Rand Paul”
http://www.thedailybeast.com/articles/2010/06/15/rand-paul-opthamology-certification-scandal-why-it-matters.html
J P Spaghetti
Actually, isn’t “real politician” something of a moron of the oxy variety?!