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Nobody is saying Ron Paul isn't intelligent. He was smart enough to get through Med school. That doesn't mean he's right, which he isn't.
Anyone that says that the government has no role in regulating food, drugs, safety, health, pollution, etc. is ignoring history. There was a public cry to regulate these areas precisely because the private market did not self-regulate.
In the 1960s, there was no voluntary move to add seat-belts, padded dashboards or laminated safety glass to cars; people were dying because of unsanitary foods; birth defects were caused by untested drugs; the air in LA was unbreathable and Lake Erie caught fire from the amount of flammable waste dumped into it.
Ron Paul intentionally ignores the lessons of history because history conflicts with his ideology.
Auto manufacturers, were installing seat belts before it was a law to do so. It was optional equipment. People had a choice.
Padded dashes were a design and fashion statement in luxury cars for a long time before the government decided all cars must have one, increasing the cost of the baseline econo auto purchase.
Foods and drugs, people were being held liable and jailed for knowingly committing manslaughter. Now no one is held accountable. A easy fine, and the Government lets you stay in business.
Auto manufacturers, were installing seat belts before it was a law to do so. It was optional equipment. People had a choice.
Padded dashes were a design and fashion statement in luxury cars for a long time before the government decided all cars must have one, increasing the cost of the baseline econo auto purchase.
Foods and drugs, people were being held liable and jailed for knowingly committing manslaughter. Now no one is held accountable. A easy fine, and the Government lets you stay in business.
First, Ford tried to install seatbelts and GM ran ads implying that Fords were unsafe. There was no widespread effort to offer seatbelts, especially in small, cheap cars -- where they were needed. The government mandate saved millions of lives.
Second, the remedy to stop food and drug companies from producing dangerous products is not the legal system, it's pre-testing. That's what the regulations mandate and are a far more effective method of keeping bad products off the market. I could care less that the executive who approved making a defective infant seat went to jail if my infant died in that seat.
If not for the Federal Reserve, a loaf of bread would still be a nickle.
Gas would be .14¢ a gallon today.
Need me to explain how?
So, we should have the same amount of money in circulation regardless of population? Besides, your claim isn't even true. The Fed was formed in 1914. The economic history prior the Fed was littered with periods of wild inflation and deflation, not stable prices.
Keep the printing presses going and everyone will be in the poor house, by the hand of the hidden tax of monetary easing, printing money when you need to pay off a debt.
I wish I could do that, but they would put me in prison for counterfeiting.
you're in the wrong line of Bidness. You need to work for the Feds. Didn't your mother teach you that government doesn't like stealing because they are afraid of the competition?
Nobody is saying Ron Paul isn't intelligent. He was smart enough to get through Med school. That doesn't mean he's right, which he isn't.
Anyone that says that the government has no role in regulating food, drugs, safety, health, pollution, etc. is ignoring history. There was a public cry to regulate these areas precisely because the private market did not self-regulate.
In the 1960s, there was no voluntary move to add seat-belts, padded dashboards or laminated safety glass to cars; people were dying because of unsanitary foods; birth defects were caused by untested drugs; the air in LA was unbreathable and Lake Erie caught fire from the amount of flammable waste dumped into it.
Ron Paul intentionally ignores the lessons of history because history conflicts with his ideology.
You mean the very same government that turned their heads when people tried to sue those companies for polluting? Rules are for suckers.
People were dying because they could not make informed decisions. That's the role of government right? Run peoples lives.
Mercedes was putting seat belts in cars for years. People had the option of putting in seat belts themselves. But people are stupid I guess, right?
I know maybe the federal government should invest everyones money for them so they can retire wealthy.
In this day and age with the wealth of information there is little need for the nanny state to look after us anymore.
When was the last time you walked into a restaurant and asked to see their health code paperwork?
So, we should have the same amount of money in circulation regardless of population? Besides, your claim isn't even true. The Fed was formed in 1914. The economic history prior the Fed was littered with periods of wild inflation and deflation, not stable prices.
No it wasn't. Those periods were much shorter and caused less harm than the Great Depression which government orchestrated.
AND the main reason for those bad times was the very same government manipulation that caused our crisis today.
With competing currency the free market makes the call. Hold on to a dollar from 1965 and you cannot buy a gallon of gas today but if you held onto a silver dime from then, now you can buy it.
We must allow people to practice the very ideals we were founded on. Liberty and freedom. It's all about choices and NOT using force on people to make that choice. Force and coercion is not how society advances.
Well, I will tell you this much. When you go to Venezuela, your average unleaded gasoline is $.05 cents a liter which would be a bit over $0.17 cents a gallon here in the U.S. With that said, extraction and refinery costs are at par of that of any U.S. operation facility.
My wife was flabbergasted when she learned how much we paid to fill up the tank on a SUV on a trip we recently made. So, I don't think you can get gas as cheap as you would find it in Venezuela. However, I have always felt that gas could be on the vecinity of $1.00 if corruption among politicians and greed from big oil companies could be somehow contained. In a nutshell, I think Ron Paul's assessment is not far off.......!
There's a huuuuuge difference between the economics of oil in Venezuela and the U.S. Chavez has basically nationalized the oil of his own country and redistributed it on a controlled market. It's also worth pointing out that he's planning to raise the price of oil. Chavez has essentially encouraged wasteful use of a natural resource, which is unsustainable and he knows it.
The U.S. also consumes one hell of a lot more gas than Venezuela does. Moreover, the rolling blackouts and failures of power grids that occur with regularity down in Venezuela would not be tolerated here. Consequently, the U.S. is having to import a lot of its oil, and that oil is on the open market. The price of energy here is influenced by the laws of supply and demand more directly than they are in Venezuela, although even there, they will eventually have to confront the laws of supply and demand as well.
Ron Paul is true to his ideological form, but he's wrong if he thinks the U.S. can just set its own price for gas. The only way the U.S. will succeed in lowering the price of gas is to create devices which significantly slow the rate of consumption. More likely, though, the U.S. consumer will have to be more selective about what and how much it consumes.
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