FreeMarkets (99.35)

Supporting Ron Paul is Unpatriotic

December 20, 2011 – Comments (5)

The gap between the rich and poor is NOT increasing - since the poor are barely making ends meet and the rich are, well, rich.  The income gap that is truly disturbing is the vanishment of the middle class and the NUMBER of people living in poverty.  According to one study, 1 out of every 2 Americans is low income or poor. That study happens to be the U.S. Census.

It should be known that I write my blogs when I feel inspired.  I'm inspired by hypocrisy that I see and hear during the normal course of my day.  Yesterday, listening to Dick Morris on the Sean Hannity show, inspired me again.

Dick Morris, and the host (Mark Simone, filling in for Sean), laughed over the nutty idea of ending fiat currency.  Let me paraphrse Dick Morris yesterday - "Could you imagine our economy dependent on some South African gold miner finding enough gold."  To this Mark Simone agreed and laughed.

OH that NUTTY Ron Paul!

Just look at the income gap and the shrinking middle class since we left the gold standard in 1971.  The gov't can fiddle with statistics on inflation, unemployment and they can goose GDP numbers, but they can't change REALITY.  Since we left the gold standard (and many argue we left in the mid 1960's when Johnson started the guns & butter campaign, but we didn't acknowledge it until 1971), the American middle class has been shrinking.  Saving money is almost akin to burning half of it every ten years, and no middle class can survive when the only hope of savings is based on a rigged casino game we call the stock market.

Let me add that Dick Morris went even further (and this I'm not paraphrasing) "Supporting Ron Paul is unpatriotic."

I hear that and think - "The Sean Hannity show is now saying, Obama is better than a Republican candidate."  

Anyone having listened to these guys before, including Dick Morris, has said "Any Republican is better than Obama."  But something has changed - Ron Paul has a chance, and that chance is making strange bedfellows.  The neo-Cons PREFER a socialist Democrat over Ron Paul because their livelihoods are based on the military and banking industry.  Ending the FED, bringing back a gold standard (which I'm on record of saying I think a Constitutional Amendment limiting the # of dollars based on population is better) would severly reduce the size of our banking and military industry.  Instead of making money and war, this country would start making products and services.

"This may all be true, but where is the hypocrisy?", you ask. Sean Hannity has said for years that he believes in the Constitution.  Well, the Constitution says only gold and silver are legal tender, and there's been no Amendment to say otherwise.  So you have Dick Morris and Mark Simone basically laughing at the Constitution because they clearly don't believe in it - they only believe in the parts they want to believe in - the rest gets in the way.

So, how to invest?  Simple - you'll make money in company's that cater to the high end and low end.  Tiffany's and McDonalds are two excellent investments.

However, should Ron Paul get elected, you would need to think about a shrinking low income and high income America and redirect your investments to company's that cater to middle-income America.  Darden Restaurants and Williams Sonoma would do quite well.

Let me apologize for the poorly thought out flow of this blog.  I lacked the time to write it and rewrite it properly and believe that it is more important to get it out today then to wait another day or two.