Complete Ron Paul Highlights From Last Night's New Hampshire Debate

Tyler Durden's picture

While last night's republican debate was at best a complete waste of 2 hours, and at worst something not even fit for the pages of Zero Hedge (and we have very low standards - Zero "low hanging fruit" Hedge is what we are often been called), there was 20 minutes worthy of popular attention, and all of them belonged to Ron Paul. The Texas anti-Fed crusader presented his rational opinion, substantiated by actual fact and, more shockingly, math, glaringly standing out from the herd. Alas, since America always and without fail elects precisely the candidate it so rightfully deserves, it pains us to conclude that Paul has zero chance at the presidency. That said, we hope to convert at least one additional human to his cause by presenting the complete highlight reel from yesterday. Yes it is commercial- and other candidate-free so the signal to noise ratio is not seppuku inducing.

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Irwin Fletcher's picture

I bet CNN loves to see Ron Paul winning with 80% in their poll.

anynonmous's picture

who or what is CNN? 'never heard of it

malalingua's picture

CNN stands for Cartoon News Network, per Gerald Celente....I happen to agree.

rocker's picture

Takes a Fake Oligarch Xenon station to know a Carton show when they see one. 

JW n FL's picture

No Taxes Collected Jobs Shipped to China 50K a Month since 2000 and now Cuts to Real Working Americans


For a DECADE! We have shipped 50,000 Jobs a MONTH! To China! (alone)


For the majority of that time we have given Tax Breaks to Corporations to Move those Jobs.


For the better part of a DECADE! We have undermined our own Tax Base!


For Longer! Than a Decade we have allowed the Largest Money Makers, with the Largest Lobby’s to Pay almost NO! Fucking Taxes!


America is NOT! a Country that has no social safety net or that is supposed to be OK! With being a Police State.


If any Citizens want to live in an America with no Social Safety Nets!

If any Citizens want to live in an America that is a Police State!

Should get the fuck out and go live in one of the MANY! Shit Hole Countries that are already living under those conditions!


America is Supposed to be better than those 3rd World Countries!

But the top 1% of the 1% keep spending Lobby monies and Buying T.V. ad time to realize a 3 rd World America!


Most of you buy Gold and Silver to insulate yourselves from an uncomfortable life style! I buy Gold and Silver so that in the event of Social un-rest that I may be able to pay for / feed an army to Rout by the Almighty God! You Wanna Be Tight Fisted, Treasonist Scum from My Country! I pray for the chance to rid this once Great Country of the scum that is the real drag that keeps hungry children hungry! God have mercy on you because I will NOT!


All of you that support people / corporations NOT paying their fair share!

All of you that support a 3rd World Living Standard for any American for ANY REASON!

I want to see you Hanged on the White House Lawn!

      Top 10 corporations which paid no taxes

Here is Sen. Sanders’ list of the 10 worst corporate income tax avoiders:

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings. (Source: Exxon Mobil’s 2009 shareholder report filed with the SEC here.)

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion. (Source: here, ProPublica here and Treasury here.)

3) General Electric made $26 billion in profits in the United States over the past five years and, thanks to clever use of loopholes, paid no taxes.(Source: Citizens for Tax Justice here and The New York Times here. Note: despite rumors to the contrary, the Times has stood by its story.)

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009. (Source: See 2009 Chevron annual report here. Note 15 on page FS-46 of this report shows a U.S. federal income tax liability of $128 million, but that it was able to defer $147 million for a U.S. federal income tax liability of negative $19 million.)

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year. (Source: Paul Buchheit, professor, DePaul University, here and Citizens for Tax Justice here.)

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year, received a $157 million tax refund check from the IRS and, over the past three years, received a $134 million tax break from the oil and gas manufacturing tax deduction. (Source: the company’s 2009 annual report, pg. 112, here.)

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department. (Source: Bloomberg News here, ProPublica here, Treasury Department here.)

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury. (Source: Paul Buchheit, professor, DePaul University, here, ProPublica here, Treasury Department here.)

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2006 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction. (Sources: Profits can be found here. The deduction can be found on the company’s 2010 SEC 10-K report to shareholders on 2009 finances, pg. 127, here.)

10) Carnival Cruise Lines made more than $11 billion in profits over the past five years, but its federal income tax rate during those years was just 1.1 percent. (Source: The New York Times here.)




‘Dutch Sandwich’ saves Google billions in taxes Internet giant uses complex structure to keep its overseas tax rate at 2.4%





Microsoft’s purchase of Skype for $8.5 billion provides a perfect illustration of why adopting a true worldwide corporate income tax system is critical to our economic future.  

According to the Wall Street Journal, the cash for Microsoft’s purchase of Skype (a Luxembourg-based company) will come out of its $42 billion in liquid assets held in foreign subsidiaries.

Because it is purchasing a foreign company with its overseas assets, Microsoft can avoid paying any U.S. tax that would be due if it had repatriated foreign earnings in order to purchase a US company for the same amount. Based on the company's effective foreign income tax rate disclosed in their most recent SEC filings, a repatriation of $8.5 billion dollars would cost Microsoft somewhere in the neighborhood of $1.1 billion in U.S. tax.

As a Forbes commentator opines, the Microsoft-Skype deal demonstrates the harmful incentive created in our current system that encourages companies to invest in overseas companies rather than domestic ones. The fear is that this deal may just be “a harbinger of things to come.”


Republicans to roll out new tax-cut proposal: WSJ
25 May 2011, by Michael Kitchen - Los Angeles (MarketWatch)

Republicans in the U.S. House of Representatives are set to unveil a new economic proposal Thursday that will cut taxes for multinational corporations and lower other tax rates.

redpill's picture

"People talk about opting out of Obamacare, why can't we talk about opting out of everything?"


Fuck an A!!  Go Ron Paul!!!


Canaduh's picture

Just wanted to interject near the top of this thread, that as a impartial 3rd party observer, Ron Paul does not do his cause any service by speaking in public. He gets too excited when it's his turn to talk and ends up stammering out his talking pointsin a very unsmooth way.

 People who already are aware of what he is saying don't seem to mind, but the clueless sheep see him as crazy uncle Larry that keeps bringing up stuff no one wants to hear at Thanksgiving. Not that I don't agree with what he's saying, but  if you were looking for ways to keep a lid on the cause he 'fronts', you couldn't come up with a better codger to make spokesman. Ron Paul is only allowed to say what he says because he delivers it in such an unappealing manner, the vast majority automatically tune him out once he starts speaking.

hound dog vigilante's picture


so Paul gets an F in the "smooth" dept.

he gets an A in the "right" dept.


still my guy. 

Michael's picture

A very easy flaw to overlook when you overcome your American Idol syndrome.

It's substance, not glitter, that counts.

snowball777's picture

...with a laughably small portion of the American population. Makes about as much sense as hoping the girl with big tits will learn to love your acne and premature ejac if she could only get to know you as a person.


MadeOfQuarks's picture

Hmmm, maybe he should mispronouce words, look more disoriented, smile at the wrong time and say "uhhh" more, in addition to stuttering. Tried and proven.

I'm not sure about talking smooth though, smooth talkin' college types never got no place.

Michael's picture


Dr Ron Paul is the only politician I know who's not in it for the money or fame.

He just wants things to be better for all of us.

That's why in one market segment of Alex Jones listeners, Ron Paul has 5 million AJ listener votes.

snowball777's picture

Bullshit he's not in it for the money; who has raised more without winning (or really even running, in some years)?

Where is that money now again?


FEDbuster's picture

There is a "money" component to the Ron Paul Revolution, and I would like some transparency regarding the fundraising and spending for past and present campaigns.  That being said, he still has my vote and will get a few bucks from me for the current campaign.  I would like to see some national ads or maybe a 30 minute "infomercial" run on cable stations this time around.  Bumper stickers and yard signs aren't going to be enough to win the hearts and clouded minds of today's voters.

Baptiste Say's picture

It was $4 million left over and it was given to the Liberty PAC to support other liberty and constitution promoting candidates iirc.

StychoKiller's picture

Yet, Americans elected G.W. Bush -- TWICE!

Metropolis_Minx's picture



To me, Paul comes across as unabashingly sincere. After all the slick, silver-tongued bastards skipping through the revolving door of the White House, (except for GWB's Neanderthal garble) it's a welcome relief. Plus, all that "constitution stuff", those are words he lives by if his congressional record is any indication.


HistorySquared's picture

"Who does best against Obama? Paul. The congressman from Texas, who also ran as a libertarian candidate for president in 1988 and who is well liked by many in the tea party movement, trails Obama by only seven points (52 to 45 percent) in a hypothetical general election showdown. Huckabee trails by eight points, with Romney down 11 points to Obama."

Metropolis_Minx's picture

Ron Paul running away with the poll at 81% now.

By the time Nov. of 2012 gets here, everybody is going to condemn the Fed. So I think RP has more than a fighting chance.

pesamystik's picture

Yeah, way to try and divide and conquer. Your idea is just to bury your head in the sand. Ron Paul has had virtually no power the entire time he has been a politician. Lets see what he can do in office before you rant on and on about his "failed" policies when they have never been allowed to come close to existing.

As long as Ron Paul ends the Fed, he's 100% getting my vote. 

MarketTruth's picture

Look at how Ron Paul votes on items... then look at how the other candidates vote. Then listen to what all of then say and you will note Ron Paul VOTES with what he says while other say nice things in hopes of getting votes yet their voting record is far different.

CrazyCooter's picture


I track my folks ...

... and I add Ron Paul to the list! Makes it so easy to compare my folks to the good man from Texas.



Libertarians for Prosperity's picture

While you're at the Open Secrets website, take a look at Ron Paul's earmarks.  In 2009, he sponsored or co-sponsored 23 bills with a total of nearly $81,000,000 going to pet projects in his district. In total money spent, he ranked 33 out of 435 representatives.

How's that for small government libertarianism?  It's hilarious how the right-wing in America (even the hard-core, anti-government libertarians like RP) want to criticize government spending - even demonize it - yet they have their hands in the cookie jar like everyone else. And not only does RP have his hand in the cookie jar, he's one of the largest PORKERS in Washington, taking more money than 90% of his cohorts!  

Fucking hypocrite!

jaffi's picture

How many real spending bills did he actually give a "yea" vote to?  Every bill that he has given a "yea" vote dealing with funds were not spending bills, they were tax credits or tax cuts (i.e. letting taxpayers get more of their money back and/or pay less in); read the actual bills that he has voted "yea" on.  And, just so you know, those two with the highest price tag were to repair infrastructure after Hurricane Ike (he still voted no).  

As for earmarks, of course he is going to earmark a portion of the bill (any bill), if he doesn't and the bill passes, those funds go to another district or fall under the discretion of the Executive branch.  It is his job as a representative to his district to ensure that if the spending IS going to occur (even if he is against the bill), that his constituents get some of the money back that they paid into the system.  An earmark is merely allocating where the money goes if it is indeed going to be spent... Are you really that dense?  

Now, let me ask, are you aware of how many congressmen divulged their earmarks for that you posted (2009)?  A little over 100 (out of 535).  Ron Paul divulges all of his earmarks to the public, votes no on all of them, and I can't seem to find any that are porkbarrel projects; those earmarks for the damaged infrastucture weren't even in his district (they were for the state infrastructure), and thus doesn't fit the definition of pork by the 'Citizens Against Public Waste'.

It was nice to be able to see you for who you are- a propagandist.  Read the fucking bills next time, and look at the voting record, then maybe you can talk.   


High Plains Drifter's picture

yeh sure. he attaches the earmarks, then he votes against it.  we all know how congress works. his vote doesn't matter. so they let him play this little game. but the bills get passed anyway. so his mission is completed. he got his earmarks and if anyone complains about his pork barrel spending, he can then say, well i voted against it......

Cthonic's picture

Hey sock puppet, if you look at the breakdown of the earmarks, you'll see that more than 50% of it was for maintenance of the Intracoastal Waterway and other port-related national infrastructure.  After dozens of years in office, with the Republican leadership working overtime to field candidates against him, Dr. Paul finally did what every desperate politician has been doing for decades, bringing home the bacon.  I for one am glad he's adapting to beat them at their own game.

tmosley's picture

Yes, it is hypocritical for a slave to take food from their master, even as they yearn to be free.

He is merely taking back the money that his district has lost to federal taxes.

But a lying sack of shit hypocrite like you wouldn't claim to understand that.

Libertarians for Prosperity's picture

Go through the YouTube archives and watch the Presidential debates from 20 or 30 years ago. 

It's the exact same kabuki theatre, arguing the exact same issues with minor nuances: war, the need to spread peace through force, and the fleecing of the middle class. You could take any presidential debate over the past generation and have Obama and Romney read the 30-year script from a teleprompter, and no one would know the difference aside from just a few minor exceptions.  

The only thing different are the stage characters. Amazingly, the rhetoric is the exact same - not similar....the exact fucking same! When the history books are written, our generation will be regarded as the most vacuous and destructive generation in American history.  We've created a country that's totally hallowed out, and a populous too dumb to care about it. Everyone has been sedated with professional sports, reality television and gluttonous consumerism while the plutocrats suck all the marrow from the bone.   

20 years ago, here's Perot, Clinton and Bush debating the EXACT same talking points that we've heard forever.  Pay particular attention to Clinton's "change" message:

How about 30 years ago?


It's pathetic.  



tmosley's picture

Uhhh, yeah, except, again, Ron Paul actually backs up his words with both facts and a voting record.

Feeling a little scared, are we, Red Neck Repugnicant, I mean Mark McGoldrick, I mean Texas Gunslinger, oh, whatever the fuck your name is.

Transformer's picture

What this is all about is the Republicans, the MSM, the Elites are all scared to death of Ron Paul.  It is exactly time for someone like him.  A huge part of the populace is disallusioned with the sytem, and know that the other guys are talking the same old shit.They lie and lie and once elected they do what wall street wants.

Ron Paul does have a chance this time.  Believe me a whole bunch of us are fed up and are not gonna believe the mainstream guys any more.

eureka's picture

Ron Paul is the real deal. Why don't we have any young lions like him?

(Rand is no Ron). We need a couple dozen young Pauls to hammer the message.

Where are they. 300 Million people and only one intelligent politician...?

Josh Randall's picture

Well no one worth a d@mn wants to be a Politician -- the only inroads these days is your family's surname and money. Rand Paul has both - there are good people waiting for the dam to break before getting involved, but ufortuately your next crop of young lions are going to surface when they are leading rioting groups of people after the Fed, Wall Street kleptocrats, and the TSA pedofiles. Those Lead rioters may make a good Freshman Congressional Class - in the meantime = GO RON GO!

GreenSideUp's picture

I think Rand has used pragmatism to soften some of the "hard edges" of his dad's fairly consistent idealism in order to "play the game" a bit and get elected.  I much prefer Ron's way but I do know people who really like Rand and his style.  And!  These folks are now considering Ron because of Rand.  A friend of mine knows Rand personally and says that apple didn't fall far from the tree.

As to the young lions, I know of several who have run and are planning to run for various offices.  The huge issue is the party Establishment.  They go to great lengths to keep their favored candidates in and everyone else out.  This  is also why 3rd parties can't get any traction.  Don't know if you've ever gotten involved in a party or attended a party convention---if not, you ought to participate just to witness all the corruption.  It is mind blowing, but it is also where your weighted vote counts the most.  It would be difficult, but Ron Paul types could take over the repuke party, precinct by precinct, if enough people would show up.       


CrazyCooter's picture

I would point out that the "establishment" has had control of the country the entire time. I could even cite the semi-recent ZH piece on Eisenhower (the last president to SHRINK the federal budget).

Perot didn't win, so you can't fault his talking points. If he won and then didn't follow through, you could go hog wild.

Paul has the record for all those years in Congress to do exactly what he says he is going to do. If I was a gambling man, I would put chips on him before I bet on any of the other three legged mules to win the triple crown of liberty. I don't care what you insist the odds are, its all our fair lady has got left. Stay vigilant!

And some humor on the point you make:



eureka's picture

That IS AmeriKa - simple choices for simple folks:

Coke or Pepsi? Same shit!  Dems or Gops?  Same empire, same goons.

But hte people... think they're free and brave and exercising free will and choice.

HAH HAH HAH - if it weren't so terribly sad.....

Cthonic's picture

Yes, we've had the same problems, unaddressed for an entire generation.  Speaks volumes more about the electorate than about the actors.

The best argument against democracy is a five-minute conversation with the average voter. -Churchill

Recall, about 68% of values drawn from a normal distribution are within one standard deviation σ away from the mean. And 68% constitutes a supermajority.

ILikeBoats's picture


Real growth in the prehistoric, heavy energy usage of the Gilded Age was at least 3.8% over 10 years and some have argued a lot more than that.  With CPUs doing twice as much work for the same energy every 3 years, a decent fiber optic nationwide network (which is mostly there already), growth could occur quite easily with little additional energy usage.

MadeOfQuarks's picture


This idea that growth must mean proportionate additional resource consumption ignores the fact that something that is smaller or otherwise less resource consuming is often more valuable than the corresponding larger/less efficient item. Right now it doesn't hold true for cars in the USA, but I'd wager on a worldwide basis people prefer cars that consume less energy, homes that don't require as much heating/cooling, flatter TVs, smaller iThings etc

ZackLo's picture

and squeeze the value of ALL of the credit money value into the gold and silver market and you will get 10-15% returns on saving rates...might not nominally look the same but in real terms it will be 10-15% remove the fed and let the banks eat each other a live trying to get the highest interest rates and you have a recipe for prosperity..also abolish fractional reserve banking..

LongBalls's picture

Bingo. Fractional reserve banking MUST GO!

earnulf's picture

RP at least has the guts to call a spade a spade. Even if the MSM and its supporters are confused by facts and numbers greater than two digits. Given that Republicans are still convinced that spending cuts are all that are needed to balance the budget, not a single one is competent to run for the highest office in this land.

At least RP offers a glimmer of hope, instead of the pablum coated conservative palin pills being hucked by Republicans.

Demos are no better I agree since they believe that only tax increases will save the union.

Facts are facts. There is no way the government will balance the budget in the next five years regardless of what cuts or tax hikes are enacted and you can take that to the bank.

Bay of Pigs's picture

You make some valid points (overstating growth projections) but your character assassination of RP is pathetic. Maybe you should look at his life history and voting record before making yourself look like such an asshole?

Al Gorerhythm's picture

Well, if all you chose to do is cherry-pick 1.42 mins of debate to make an assumption, then I suppose all I need to read was up to: (1.42, to be exact). The rest must have been bullshit to validate your unconsidered position, no?

FreedomGuy's picture

He's not at all full of shit. He actually votes according to what he believes often against his own party. Free markets have rarely been tried. What is full of shit is central planning, collectivism, statism and "managed markets". History shows they never work, not ever, never, not once. Give them time and they all crash and burn. Take away fiat currencies and borrowing and it happens rather quickly.

No one truly knows what free markets and people can produce but it is provable that they provide balanced growth with minimal quick corrections in any part of an economy. Free markets are absolutely necessary to individual liberty. To not believe in them is to not believe in liberty. They are inseperable. You cannot have free markets and people with 100% tax rates and tens of thousands of pages of rules.

So if he advocates "capitalism fantasyland" what do you advocate in it's place. I bet I can guess.

If we ever return to free markets you'd better invest heavily in Dairy Queen and high quality sound equipment.

Of all the Republicans I truly believe Ron Paul is the only one that has the potential to effect lasting change. The others may be decent people and liberty oriented but they will leave the beast as it is, even if they put it on a diet temporarily.

ProdigyofZen's picture

The problem with the logic that "free markets have barely been tried" is that the progressive left also says the same thing about communism and marxism.

This is one of the top arguments from left wing liberals at my university back in the day. They would all claim that "TRUE" communism or socialism has never been tried. There has always been an element of capitalism.

Just be careful falling into this trap.

FreedomGuy's picture

In college debate that may be accurate. However, I or any dispassionate observer of markets can produce the 80k pages of the Federal Register, 40k pages of the U.S. tax code and simple observations of currency manipulations and international trade. One can say that trade and business have been more and less free at times. I would concur and show that economic results are proportionate. Additionally there are many analyses of the correlation of wealth and freedom, generally starting with Hong Kong at the top. So, it is not mere assertion.

I would submit that since the proponents of communism have in fact taken charge of about 3/4 of the surface of the earth at different times, called themselves communists, paid homage to Marx and actually tried to organize their societies that they have had their chance. Results have been remarkably similar everywhere.

I will submit that pure capitalism is probably not practicable in this time. Most of the world's population has been sold on some level of collectivism. However, I reject any portion of the notion that our present economic troubles have much of anything to do with unfettered capitalism of any sort save crony capitalism which is simply fascism by another name.