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Ron Paul Wants You! (To Take On The Fed)

Tyler Durden's picture


For all those with a penchant for crunching manipulated numbers and wish to make a change by taking on the Fed (ironically, making some fiat in the process), this may be your chance: Ron Paul, chairman of the Domestic Monetary Policy subcommittee, and his chief of staff Jeff Diest are seeking to hire a young economist, “thoroughly Austrian, and preferably with an advanced
degree. The candidate needs strong knowledge of the Fed and monetary
policy generally, and must be an effective writer.  He or she will be
responsible for organizing hearings; summarizing data and Fed actions
for Dr. Paul; writing statements; dealing with Financial Services
committee staff; and various other tasks.” Sorry Joe LaVorgna, despite your ubercreative "weather worker" adjustment, you are on the exclusion list.

More from Lew Rockwell, who disclosed this job opening:

Ron and Jeff want an economist with a “strong personality to match their strong analytical skills.” The Fed and its shills are significant opponents, after all. The “salary will be respectable, a solid 5 figures, though depending on experience.”

Write me if you are that person, or can recommend someone. The preference, btw, is for someone with no Beltway experience. And probably you should be single. But what an opportunity to work hard, do good, and have fun. I will add, from personal experience, that Ron Paul is a great boss, too.

This can be a life-changing experience for the right young person. Imagine an 18th century classified: “Wanted, Economist-Assistant to Thomas Jefferson.” This is the equivalent, although Jefferson was not as principled in office as Ron Paul.

Courtesy of Lew Rockwel, h/t Stefan


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Fri, 01/07/2011 - 14:00 | 856734 boricuadigm-shift
boricuadigm-shift's picture

I think Paul Krugman is the BEST candidate!

Fri, 01/07/2011 - 14:28 | 856844 Clark_Griswold ...
Clark_Griswold Hedge Mnger's picture


you need to submit a few articles.... under another nom de plume, offering some assistance at where to look, and how to colorfully, unabashly articulate to the Chairman of the Fed just how much poo poo one is shoveling, and that he needs higher boots.

Fri, 01/07/2011 - 23:39 | 858154 e_goldstein
e_goldstein's picture


Fri, 01/07/2011 - 15:52 | 857227 WaterWings
WaterWings's picture

I nominate Shameful.

Chumba as chief counsel.


Fri, 01/07/2011 - 16:02 | 857263 Shameful
Shameful's picture

As much as I would love that I no economist, I'm still working through Rothbard's voluminous work and I'm constantly blown away.  Need to find a way to get that guy back to life!  God what I wouldn't pay to see a forced Q&A session with Rothbard in one corner and Zimbabwe Ben in the other...

But I'm quite hopeful that a skilled applicant will step forward.  One with skill, knowledge, wit, and charisma that I shamefully lack.  After all they need a economist not some lawyer larva that is toiling in furnaces of VB.Net :)

Fri, 01/07/2011 - 17:53 | 857590 WaterWings
WaterWings's picture

Into Expression Blend? It's a XAML lover's dream. All Microsoft devs should be skilled with it. Tend towards Windows or Web?

It is also important for the State to inculcate in its subjects an aversion to any outcropping of what is now called 'a conspiracy theory of history.' For a search for 'conspiracies,' as misguided as the results often are, means a search for motives, and an attribution of individual responsibility for the historical misdeeds of ruling elites. If, however, any tyranny or venality, or aggressive war imposed by the State was brought about not by particular State rulers but by mysterious and arcane 'social forces,' or by the imperfect state of the world -- or if, in some way, everyone was guilty -- then there is no point in anyone's becoming indignant or rising up against such misdeeds. Furthermore, a discrediting of 'conspiracy theories' will make the subjects more likely to believe the 'general welfare' reasons that are invariably put forth by the modern State for engaging in aggressive actions. - Rothbard
Fri, 01/07/2011 - 18:01 | 857638 Shameful
Shameful's picture

Nah I don't do much web stuff.  It's mostly windows form apps and putting out fires.  Aside from deving most of my job is chief nerd/researcher/fireman.  So when anyone basically when anyone needs anything or any problem pops up I'm the go to guy.  Honestly a lot of my job is going into ancient VB6 code and playing with it.  They don't have the time for me to remake all the programs in .NET, it's trying to cover up old sins and praying that Windows8 doesn't wreck everything.

Love the comments I got left

'This doesn't work right, good luck fixing it

'I did it wrong on purpose because they didn't give me enough time to dev it right, enjoy

Or my favorite, declaring about  2000 variables with esoteric names like superman as string or A112 as integer on a class level and about 1/2 down saying 'Don't worry you're about halfway there!

Feel like developers are really just midgets standing on the toes of other midgets.  I know I have committed bad sins in getting projects out on deadline and some of my documentation is 'lacking'.  I'm supposed to get the new version of .NET soon and going to kick over to C# for my future work since that looks like the new hotness.  But I can't complain about my job, I actually dig it in a strange sort of way and it pays the bills.

Fri, 01/07/2011 - 18:15 | 857678 WaterWings
WaterWings's picture


There is always so much new material I figure 80% are winging it. The other 20 are coding new tech as we speak or evangelizing about how great it will be.

Fri, 01/07/2011 - 20:09 | 857876 Hephasteus
Hephasteus's picture

The purpose of the world is to gang bang everyone into submission. Pure and simple. It's just done on careful small percentages at a time over long periods of time. Once a monopoly was achieved all of human history has been consolidating the power undermining upstarts. Damaging and redamaging people in controlled ways to maintain an undermined connection but a connection none the less.

A pimp can only do this to damaged people. And you can't have everyone damaged all at once. Or everyone will fight back. So it's just the same old song. Risk arbitrage hurt the most dangerous. Make it so horrible that being lied to and believing in the lies is preferential to facing the truth and having becoming part of the brutalized minority. Instead of the relatively comfortable and safe smoke screen majority.

Conforming thought and repeating over and over that violence isn't the key so that key remains a monopoly.

Sat, 01/08/2011 - 10:17 | 858505 jimijon
jimijon's picture

Objective-C bitchez!

I am riding this wave and it gets bigger and bigger! Now the app store for OSX! Hmmm, wait until there is one for Windows! 

I realize that most think poorly of Apple or iAnything. But the market is loving and so are the jobs and the money being paid to "real" developers.

The analogy to the Internet days is holding perfectly. Three years I started the study and started shopping around for those who might want an iPhone app. All I heard was, "Why do we need an app?"

Ahhh.. I remember those early days of the Internet well... "Why do we need a web page?"

As they say... history rhymes.



Fri, 01/07/2011 - 16:03 | 857276 TuesdayBen
TuesdayBen's picture

I second that.  I'd love to see Chumbawamba doing the circuit of Sunday morning shows, inducing ma 'n pa to choke on their waffles as he throws down the gauntlet.

Fri, 01/07/2011 - 14:25 | 856740 Salinger
Fri, 01/07/2011 - 14:00 | 856743 Minyan Vince
Minyan Vince's picture

only if he pays me in gold...

Fri, 01/07/2011 - 14:02 | 856745 SpeakerFTD
SpeakerFTD's picture

I would happily contribute to non-profit fund to bankroll the hiring of a dozen young guns like this.    Don't know if that's legal, but it should be.

Fri, 01/07/2011 - 14:19 | 856822 Miss Expectations
Miss Expectations's picture

Can we just start a lobby?

Fri, 01/07/2011 - 15:04 | 857000 Ragnarok
Ragnarok's picture

Is there an anti-Fed lobby?

Fri, 01/07/2011 - 14:02 | 856747 Cognitive Dissonance
Cognitive Dissonance's picture

Whomever takes the job, demand to be paid in specie.

Fri, 01/07/2011 - 14:07 | 856778 Pants McPants
Pants McPants's picture

Anyone in need of a laugh should check out the "disadvantages" of the gold standard in CD's link.  Good stuff.

Fri, 01/07/2011 - 14:14 | 856796 Cognitive Dissonance
Cognitive Dissonance's picture

I've noticed that because Wiki is a collaborative affair, the economic group think always prevails. Doesn't matter. I linked to it because some people here on Zero Hedge have asked me what the word "specie" means. I was hoping if they saw the word "Gold" in the link they wouldn't ask and embarrass themselves.

Fri, 01/07/2011 - 14:26 | 856842 Pants McPants
Pants McPants's picture

It took me a while to understand what the word meant when I first heard it.  G. Edward Griffin's monumental "The Creature from Jekyll Island" was my manual during those days. 

Peter Morici is an economics professor at the University of Maryland who also teaches a few MBA classes at the Smith school.  He is considered Smith's "rock star" because of his regular appearances on mainstream talking shows.  Unfortunately I missed the chance to take his Smith school classes, but I heard some great stories.  Apparently Morici's method of responding to questions involves him showing YouTube clips of himself on MSNBC, Fox Business, NPR, etc. 

Anyhow, one day a good friend of mine asked Smith's rock star about the gold standard.  It was a basic question, something along the lines of why the US cannot return to specie payments.  As there was no YouTube clip available, Morici simply repeated the old canard that "there's not enough gold in the world to support a gold standard"

PhD, rock star, media whore.  The lights are clearly on....too bad nobody's home. 

Fri, 01/07/2011 - 14:28 | 856845 traderjoe
traderjoe's picture

Or entries are made to prove/suggest a particular point of view. I've gone into the comments section a couple of times and looked at some of the debates. Sort of amusing. I know a couple of posters repeatedly go into specific entries to keep making their point. 

From the entry: "Many economists believe that economic recessions can be largely mitigated by increasing money supply during economic downturns." Economists...'nuf said. 

Fri, 01/07/2011 - 15:54 | 857229 Cognitive Dissonance
Cognitive Dissonance's picture


You might be interested in knowing that I'm writing an article now that was spurred in part by a comment you made under a Bruce Krasting article. It's not about you nor Krasting. I'm simply using your exchange as a bridge to a bigger subject, one that I've wanted to write about for over a year.

It's tentative titled........Ethics and Enlightened Self Interest - Meet The Control System

Rest assured no one will be happy with it.

Fri, 01/07/2011 - 15:33 | 857147 pods
pods's picture

This one is my favorite:

If a country wanted to devalue its currency, it would generally produce sharper changes than the smooth declines seen in fiat currencies, depending on the method of devaluation.

Ding ding ding, we have a winner.  "Smooth" as in unnoticeable is what they really mean.  That is why governments love the FIAT.  That way they can screw you and you won't even know.  I guess on a macro level, the date-rape drug is legal.


Fri, 01/07/2011 - 14:01 | 856750 radish juice
radish juice's picture

If they don't mind Tyler doing ZH on the side, may be he/she can help here :-)

Fri, 01/07/2011 - 14:16 | 856803 Missiondweller
Missiondweller's picture

I'll second that

Fri, 01/07/2011 - 14:45 | 856931 Lapri
Lapri's picture

Me too.

Ron Paul doesn't need a young economist with an advanced degree. What good does that do? He needs someone who knows the specifics of how the system works and is able to get them in their own games.

Tyler, submit your resume.

Fri, 01/07/2011 - 14:48 | 856945 velobabe
velobabe's picture

wonder why he suggested the person be single. telling!

Fri, 01/07/2011 - 15:56 | 857236 dark pools of soros
dark pools of soros's picture

single=gay in work speak

solid 5 figures = fisting

Fri, 01/07/2011 - 16:04 | 857274 Shameful
Shameful's picture

I'm guessing because it won't be much money for DC, a crazy expensive town.  That and the person would need to work like a dog, meaning no time for distractions like a spouse and/or children.

Fri, 01/07/2011 - 15:33 | 857144 CrazyCooter
CrazyCooter's picture

Tyler is far more valuable in his/her current role. Two years ago I was far more ignorant. Today I feel my eyes are pretty wide open and my feet on the ground. I frequently debate such topics as monetary policy, investing, and so forth with my coworkers/friends. I got some converts. I continue to plink away at those who resist "enlightenment". Not only that, I am working on my plan for the next few years (and its not a bunker with guns, gold, and TP - I have to work and I am more creative in my approach).

The force multiplier of a blog in the hands of a man with Tyler's skill set is understated.

Lastly, consider for a moment that for the first time in human history, would-be conquorers may have a heck of a time re-writing it. Anyone can put the entirety of on a DVD for all in the future to behold. Got one of those DVDs in your bunker, hmm? I am not sure the power elite fully digest the implications. Looking forward 40 years, I can see the movie now ... based on a true blog (story) of course.

This is a piece of history that no doubt will live with our species for some time. Comment accordingly. :-)


Fri, 01/07/2011 - 16:05 | 857280 Rusty Shorts
Rusty Shorts's picture

Here's the movie trailer.

Fri, 01/07/2011 - 22:45 | 858063 robobbob
robobbob's picture

EMP bomb followed by the .gov internet emergency powers shutdown. only those on a need to use basis will have access

everyone else will be left will be public education textbooks, or trying to transcribe ZH on parchment by hand like the monks in the post roman collapse.

Fri, 01/07/2011 - 14:03 | 856754 Jason T
Jason T's picture

Andrew Jackson, Abe Lincoln, Jesus Christ ... or like minded individuals in other words .. those will balls to help throw the money changers out of America.

Fri, 01/07/2011 - 14:02 | 856755 goldmiddelfinger
goldmiddelfinger's picture

Ron Paul is one strange dude. Let's just hope he doesn't have any children.

Fri, 01/07/2011 - 14:12 | 856784 Cow
Cow's picture

Rand Paul just won a seat in the US Senate.  Read the news much?

In other news, Nixon resigned.

Fri, 01/07/2011 - 14:14 | 856792 goldmiddelfinger
goldmiddelfinger's picture

That means Agnew is President?

Fri, 01/07/2011 - 14:56 | 856965 Richard Head
Richard Head's picture

Pathetic effort to save face, GMF.

Fri, 01/07/2011 - 15:01 | 856986 Problem Is
Problem Is's picture

Rand Paul was rather articulate in the video Tyler posted of the dickweed Stephanopoulos interview...

Fri, 01/07/2011 - 15:32 | 857146 goldmiddelfinger
goldmiddelfinger's picture

How dare you insult dickweeds !

Fri, 01/07/2011 - 15:52 | 857228 Shell Game
Shell Game's picture

+10 lmao!

Fri, 01/07/2011 - 14:14 | 856797 Dragline
Dragline's picture


But I don't think an eye doctor is going to help here.  Not sure what the other four do.

Fri, 01/07/2011 - 15:27 | 857118 Cow
Cow's picture

would you prefer another f'in lawyer?

Fri, 01/07/2011 - 14:20 | 856821 SilverIsKing
SilverIsKing's picture

What about grandchildren?

Fri, 01/07/2011 - 14:21 | 856825 goldmiddelfinger
goldmiddelfinger's picture

Shouldn't he be gelded?

Fri, 01/07/2011 - 14:30 | 856852 aheady
aheady's picture


Fri, 01/07/2011 - 14:29 | 856854 SilverIsKing
SilverIsKing's picture

He's already sired a Senator.  Too late.

Fri, 01/07/2011 - 14:38 | 856888 goldmiddelfinger
goldmiddelfinger's picture

So he's Murkowsi's dad after all. And they called it a bridge to nowhere.

Fri, 01/07/2011 - 15:21 | 857083 Almost Solvent
Almost Solvent's picture

A bridge too far?

Fri, 01/07/2011 - 15:36 | 857154 hugolp
hugolp's picture

Andrew Jackson fight against the bankers. Lincoln gave the bankers the laws they wanted. They are opposites.

Fri, 01/07/2011 - 14:03 | 856757 bob_dabolina
bob_dabolina's picture

The job requirements sound like what ZH already is.

Fri, 01/07/2011 - 14:05 | 856759 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Ron Paul talks the talk, but does he walk the walk...

... too much of a limp wet lettuce for my liking.

Fri, 01/07/2011 - 14:07 | 856770 Revolution_star...
Revolution_starts_now's picture

As much as I support Ron I have to agree. 2008 was a perfect storm. All we needed was for Ron to go independent and Oct 2008 would have had him out front by election day. He wanted no part of it, and I had no choice but to doubt what he really wants to do.

Fri, 01/07/2011 - 14:14 | 856800 Shameful
Shameful's picture

What planet are you living on?  Where would he get the money to run the campaign?  Would the media be fair?  If you paid any attention the MSM treated him like an old crackpot when they gave him any time at all.  He would have been vilified on the right as trying to break the GOP vote and on the left for being 'racist'.  And as dumb as J6P is they would fallen for it.

Go talk to regular people at a mall, hell just look at them.  Are they ready to think outside the box and realize that they are trapped in a two headed one party system?  Get outside of your bubble and take an honest look at the mass man.

Fri, 01/07/2011 - 14:28 | 856849 EvlTheCat
EvlTheCat's picture

Hear, all ye good people, hear what this brilliant and eloquent speaker has to say!

Fri, 01/07/2011 - 14:34 | 856862 Problem Is
Problem Is's picture

If Ron Paul runs again in 2012 he could really have an explosion of support. He did raise $$millions over the Internet in money bombs...

Unlike the Obummer Lie Machine that claimed it was financed by students $10 at a time over the Internet...

$600 million $10 at a time? Try bought and sold by big money Wall Street campaign bribes...

By 2012 the Amerikan public maybe foreclosed on enough, unemployed enough and impoverished enough to realize they have been had...

It may only be a start... Paul may know he would be in for the Kennedy treatment...

But if he runs he will be harder to run off the podium because the sheeple believe the corrupt corporate media just one degree less than 2008... and Hopey McChange has been exposed as the all time phony Bush 'n Black face...

It will be tough for Palin McChange, Jeb Bush McChange or any other corporate front idiot to get traction...

It all depends on how big of a Wall Street/Fed Government Fascist SHIT SANDWHICH the Amerikan public has eaten by 2012...

Fri, 01/07/2011 - 14:40 | 856905 DocLogo
DocLogo's picture

It's all about who the media promotes and they will never promote anyone who is against the status quo. Just someone who pretends to be.

Fri, 01/07/2011 - 14:44 | 856924 Shameful
Shameful's picture

Paul could never win.  The media would unite against him.  There would be stories about him being a mason, and a racist, and a crackpot, literally wall to wall.  If that didn't work they have the vote rigging machines.  If that fails they'll just kill him, plane crash, suicide (found with hooker), heart attack, you name it.

Now I'd still love to see him run.  He will push the ideas out there to a wider audience, and more of the masses will wake up.  His track record for both voting and predictions is pretty solid and hopefully people would listen and remember that after another stooge (or the one that is there now) takes office in 2012.

Fri, 01/07/2011 - 14:58 | 856971 velobabe
velobabe's picture

an abortionists first comes to my mind. unfortunate. i followed his campaign contributions from the internet and was so impressed, this was happening. i told my sister i was going to vote for him if he got elected. she said she would never talk to me again, if i did. shame well educated supposedly liberal democrats are just so blocked to their party affiliations rather then to truth of the corrupt system. thanks ZH, you have really helped me discover myself.

Fri, 01/07/2011 - 15:47 | 857208 Shameful
Shameful's picture

IIRC Paul wants abortion to be a state issue not a national one.  In practice this means that abortions could still be had, just might have to cross state lines.  Libertarians are split on the abortion issue, but I think it's minor compared to other issues.  It's turned into a political football that one one will do anything about anyway.  When the GOP held the all the branches they still didn't move on it.  Why would they?  If they lost that issue they lose their base, paradoxically legal abortion helps the GOP.

And don't get to down on your sister, most everyone uses labels.  They label themselves even and then cannot leave the box they put themselves into.  Turns into a repudiation of past beliefs which to most is painful.

Fri, 01/07/2011 - 16:24 | 857351 velobabe
velobabe's picture

now i know a thing or two about abortions. my first one had to cross state line into west virginia. but still don't remember if it was legal, coat hanger and all. my other three were done in an OBGYN office. i tend to forget all this nonsense.

Fri, 01/07/2011 - 15:04 | 857002 Problem Is
Problem Is's picture

Point Noted
The Harry Reid voting rigging machines were very effective... And the Amerikan public does have a long history of buying bullshit...

Fri, 01/07/2011 - 16:08 | 857289 ronin12
ronin12's picture

"He will push the ideas out there to a wider audience, and more of the masses will wake up."

This is why he ran in 2008 and why he HAS to run in 2012.

Fri, 01/07/2011 - 17:43 | 857576 A Nanny Moose
A Nanny Moose's picture

If we truly believe that problems will be solved from the bottom up, then POTUS is the last place we want to see Ron Paul.

This goes along long enough and we will need a dictator....which would make it 4 (Washington, Lincoln, FDR, and....?)

Fri, 01/07/2011 - 14:37 | 856893 B9K9
B9K9's picture

Hey dude, you were on fire yesterday - great comments.

As to the great mass of men, yes, the Pareto principle rules all. Except, instead of 80/20, it's more like 95/5.

The last 200 years of human experience are a massive historical aberration. If mankind lasts another 500 years, our descendants will look back on this bucolic period as positively incredible. I mean, the entire concept of a 'middle-class' is absolutely mind boggling when compared to the relatively short history of man.

It is said a gallon of gasoline is equivalent to many multiples of human 'horesepower'. There were compelling reasons why slavery was an established economic system in all parts of globe, including the US up until 1865. Basically, it was the only effective way to harness and focus sufficient energy (labor) organization to produce necessary food stuffs, etc. to keep the ball rolling. Hence, the ratio of 50 slaves+ per elite.

The power elite don't dick around with fantasies and make-believe. They deal in the realities of the here & now. The bottom line is that peak energy is going to force mankind to revert to the historical mean.

This whole financial farce is nothing more than a diversion to pad their nests to hopefully make it through the bottle neck. What do they care about "the law", when the entire basis of its support is staggering on its last legs?

Fri, 01/07/2011 - 15:13 | 857050 Shameful
Shameful's picture

Thanks, it was a rant day, damn real life.

There is still slavery.  I don't own myself or my property.  I am owned by the state, the state has the first right to my labors and all of my possessions.  All that was replaced was the lash with the illusion of freedom.  If one believes themselves free then try to keep what you believe to be yours from the slave master, and you shall see how free you are.  We never left slavery, and most liekly never will.

As to peak energy, don't know.  Baring a miracle breakthrough I agree, but there is always a chance for innovation.  But there has been writings about a mass die off for many hundreds of years by people in power.  Quite simply they hate the mass man, and fear him even though he is the source of their lifestyle.  To the future one only has to look at the Georgia Guide Stones.  It matters not who put them there but the inscriptions state out a plan some have acknowledged.  Good luck to us all in surviving what I expect to be a mass kill of this century.  Hard to go from 6+ billion to 500 million to 1 billion in 90 years.

"I've seen the future, and it is murder"

-Leonard Cohen

Fri, 01/07/2011 - 16:06 | 857284 ronin12
ronin12's picture

I agree there is still slavery - but it is much more insidious and effective now than it was then.

The slaves are a lot more productive when they falsely believe themselves free.

The elites have just vastly IMPROVED the system, not abandoned it.

Fri, 01/07/2011 - 17:16 | 857500 Nootropic
Nootropic's picture

And an ounce of uranium metal (I'd prefer using the metal over the oxide for nuke reactors, considering things like thermal radiation constants, the ability of self breeding, and lower enrichments needs)  is worth many, many times the potential chemical energy of gasoline.  Peak Energy is not as good as a descriptor as Peak Oil, which makes personal locomotion a difficult proposition, but this is not the death of the modern world.


Hell, We've been able to pack a nuclear reactor inside a plane back in the 1950s.  Sure it was a military cargo behemoth, but it can be done.

Fri, 01/07/2011 - 14:52 | 856953 What a mess_man
What a mess_man's picture

Shameful dude, heard you say you are a college student.  Maybe there is hope then.  Do any other college students think like you?  Does your generation really know wtf is going on.  Mine hasn't a clue...

Fri, 01/07/2011 - 15:20 | 857086 zwscott33
zwscott33's picture

just graduated in may. And there are a few. Some of us know whats going on, not sure if the other 95% are hiding from the truth or just plain dont care

Fri, 01/07/2011 - 15:26 | 857115 AnAnonymous
AnAnonymous's picture

Or perfectly know that the situation is played to their advantage...

Fri, 01/07/2011 - 15:25 | 857101 Shameful
Shameful's picture

Sorry, there are no reinforcements in number.  I waged a lonely crusade at my law school.  I was routinely the only guy that would stand up against the profs.  I honestly got burned out and scaled it back as I had to work more at my job to keep my income up.  I would have a few students come up to me after class and tell me they loved my passion and what I had to say...and not one would stand with me when it was time to speak up.  I take that back, one girl tried once, and got hammered down by the prof and instantly folded.  She actually ended up quiting law school telling me "I know you would understand why I left".  The profs could be hard edged, one actually called me retarded in class to rebut my argument.  Little did he realize he can't hurt my self esteem, I've been rejected by hundreds of beautiful women, the opinion of a law professor means nothing to me :)

The best I did was get applause in my property class for a impassioned pleas to protect property rights, and I was stunned.  I had the anger button kicked off in my head and wasn't even thinking about what I was saying.

I'm an anachronism, honestly I would have fit in better in the late 18th century then now.  I've always thought that if their is any hope it rests in the Boomers.  They were asleep at the wheel, but maybe just maybe self preservation will wake them from their slumber.  This generation has been corrupted by the entertainment that is available and the inability to withstand social pressure.  If future lawyers cannot stand up and defend unpopular views then hope is fading.  Sorry I cannot give anyone hope.

Fri, 01/07/2011 - 15:56 | 857243 EvlTheCat
EvlTheCat's picture

Sorry I cannot give anyone hope.

You are emphatically wrong.  The fact you spend the time to discuss topics with passion, intelligence and forethought gives those of us who agree, but do not know how to express ourselves in writing, hope.  I know the facts, I have done the research, but 9 times out of 10 I hesitate to argue.  My recall of facts are jumbled or I am just to agitated to express myself and formulate the followup defensive and offensive arguments.  You provide hope don't doubt that.

Thank you.

Fri, 01/07/2011 - 16:16 | 857317 Shameful
Shameful's picture

Honestly the real trick to winning an argument is just getting in there and swinging away.  It's all about confidence and knowing the topic, the rest will come to you.  I've battered down relatively well know professors by hammering at their logical faults and forced them to topic change on me, they concede the field.  Some people will follow a strong argument, but more so people will follow a strong person.  I had those people come up to me because they didn't agree and wanted someone to follow, not blaze a trail themselves.  They saw that I was able to say what they wanted and willing to take the pressure instead of them, and act outside of social norms.  It takes some balls to argue that basically regulation is useless and have a cognizant argument for it in a class called "The Regulatory State" :)

That is the problem, few are willing to get out there and plunge ahead.  It's fear of social pressure.  I attribute my willingness to be an outsider to rejection I've faced in my life, eventually you realize that rejection doesn't matter.  When the prettiest girl in school tells you "Lets just be friends", or "You're so funny and smart...but I just don't find you attractive", or "I thought you were gay", a man learns that rejection is pretty normal and life goes on.

Just get out there, worst case they think of you as some nut, but once you get your skill up you will be able to sway people.  Though I will warn you most people are easily swayed and will bend like a reed in the wind so they may agree with you today and Marx the next.

Sat, 01/08/2011 - 06:34 | 858399 TheGreatPonzi
TheGreatPonzi's picture

Arguments and debates are a fallacy. I've never seen someone "convincing" someone on a subject on which they were diametrically opposed at the origin.

Go convince a 50-year-old Keynesian teacher that Keynesianism is a stupid fraud, a 60-year-old archbishop that god doesn't exist, or a retard that he is getting screwed by his government. 

When I was young like you, I tried to argue with my teachers, with my parents, etc. No matter how good I argued, with the best arguments in town, the best I got was slight concessions, the worst was downright depressing stupidity or insults.

Politics and debates are a fraud, a tool the elite uses to enslave those who think. Did Obama have to "debate" to win the election? Yes, maybe one or two times, on a very nice TV set, with prepared questions.

You have the intelligence to acknowledge that Ron Paul could never win an election, so I find it strange you believe in the "debate" fallacy.

The truth?

The facts are here, and everybody can see them. I didn't need anybody to understand the truth. I got it out of curiosity and relentless thinking. So did you. The other people could do the same. But do they want to/can?

Sat, 01/08/2011 - 08:30 | 858431 thegr8whorebabylon
thegr8whorebabylon's picture

Hell I'd date yah Shameful, maybe even marry yah.

Fri, 01/07/2011 - 15:59 | 857260 dark pools of soros
dark pools of soros's picture

I disagree..  Paul had a lot of democrats and Repubs in PA waiting for him to break out to a third party.. 

PA wanted Hillary anyway so they were ripe for the real change

Fri, 01/07/2011 - 14:20 | 856826 SilverIsKing
SilverIsKing's picture

Do you work the comedy circuit?

Fri, 01/07/2011 - 14:22 | 856831 goldmiddelfinger
goldmiddelfinger's picture

No but he did stay in a Holiday Inn last nite

Fri, 01/07/2011 - 14:30 | 856851 redpill
redpill's picture

You're stoned.  People were wetting themselves over Obama's honey-tongued speeches, they were not interested in hearing about Austrian economics or financial realities.  It was a hope and change orgy, the last mouth-frothing celebration of an oblivious electorate.

Ron Paul running as a independent might have gotten him a couple more percentage points, (which probably would have mostly come from Bob Barr's already-meager vote column), but that's it.

Fri, 01/07/2011 - 16:04 | 857277 dark pools of soros
dark pools of soros's picture

what state(s) are you talking about?  sure he might not of won the hard core red/blue states but he would of took most of the swing states


and Oct 08 would of showed him as the only one of the 3 that would not go for TARP.. remember that TARP lost the first time and they had to bribe 12 votes with another 130 Billion added to it

Sat, 01/08/2011 - 13:03 | 858738 redpill
redpill's picture

I'm talking about any state, he would not have won a single one of them, as much as I would have liked him to.  His only hope at competing was to get the Republican nomination.  Once he lost that, he was done.  That's a fact.

Fri, 01/07/2011 - 15:55 | 857239 Shell Game
Shell Game's picture

Great sheep-think, guy.  The problem with sheep is all they want in a leader is the singular quality of charisma. Looks good, speaks good, blah, blah...  Ron Paul's policies are tough as fucking nails. Tougher than any on the hill, that is exactly what makes him a pariah and the man for the job.

Fri, 01/07/2011 - 14:17 | 856806 Shameful
Shameful's picture

Yeah struggling for 30 years for the same goal agaisnt impossible odds is the sign of a man that lacks character, a real quitter.

Do us a favor, us your stunning wit and charisma to bring down the Fed.  Should take you what 2 months, 3 on the outside?

Fri, 01/07/2011 - 14:28 | 856841 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

I admire Ron Paul and agree with him 100%. The FED is a criminal syndicate who's sole purpose is to enslave the masses for the benefit of the rich few.

But the results aren't there, as you said, Ron Paul has been at it 30+ years, and the FED has only got stronger and stronger. The FED/Government/Wall Street are all one and the same now.

Fri, 01/07/2011 - 14:37 | 856889 Shameful
Shameful's picture

What more do you want from the man, his blood perhaps?  It's not like he is going after some 2 bit operation here.  He is literally going after the biggest criminal syndicate in the history of the world and you're not happy has hasn't succeeded in 30 years?  It's nothing short of a miracle he hasn't broken down, quite, or been compromised. Ron Paul <> Superman, he's a man like you and I.  How long would it take you to end the fed?

Show him up.  Start your plans to run for office now and show the old man how it's done.  This is like watching a football game and saying how you could do better then the quarterback.  So suit up, hit the field, and get us all a big win.

Fri, 01/07/2011 - 15:56 | 857242 Shell Game
Shell Game's picture


Fri, 01/07/2011 - 14:47 | 856943 AnAnonymous
AnAnonymous's picture

The FED is a criminal syndicate who's sole purpose is to enslave the masses for the benefit of the rich few.


If in rich few, you include US citizens, well, good that. If not, get a grip, the FED has made the common US citizens well richer...

Fri, 01/07/2011 - 15:05 | 857009 Richard Head
Richard Head's picture

Jeezus, where did you come from?

Fri, 01/07/2011 - 15:17 | 857070 AnAnonymous
AnAnonymous's picture

From my mother's womb. As I suppose you did from yours.

But who knows with US citizens?

Fri, 01/07/2011 - 17:20 | 857515 Matto
Matto's picture

Debt enslavement. The currency debt. The Fed lends its notes for long term government debt. Why doesnt the treasury just cut out the middle man and issue its own currency?

Who needs the fed? bankers only.

Sat, 01/08/2011 - 04:11 | 858371 AnAnonymous
AnAnonymous's picture

Debt enslavement? Yes, for a few US citizens. All the others have facilities to renegate on their debt.

Debt is an impressively efficient way to get richer when you dont have to repay the debt. 

Fri, 01/07/2011 - 18:14 | 857670 Al Gorerhythm
Al Gorerhythm's picture

Oh man, you have just got to expand on that statement. I broke a rib laughing, so please, make it stop. Facts should do it.

Fri, 01/07/2011 - 14:31 | 856863 jakethesnake76
jakethesnake76's picture

Ross Perot couldn't get elected and i don't see his party any where so Ron Paul running as an independent would have left him where preot is now (out standing in his field ( alone)) 

Sat, 01/08/2011 - 00:22 | 858215 SPONGE
SPONGE's picture

I've been stuck in a hotel suite with extended family for a few days. Everybody in my family parrots the msm and thinks I'm a nut. Finally got my own room, been reading this thread on ZH.

I have never been in love with ZH as much I am right now. Fantastic thread, brilliant posts....I think I'm going to cry.



Fri, 01/07/2011 - 14:05 | 856762 Revolution_star...
Revolution_starts_now's picture

depends. Can I keep my Avatar?

then sure.....

Fri, 01/07/2011 - 14:06 | 856774 Tic tock
Tic tock's picture

what do they mean by 'economist'..?

Fri, 01/07/2011 - 14:13 | 856791 economessed
economessed's picture

I'm your man.

Fri, 01/07/2011 - 18:17 | 857682 Al Gorerhythm
Al Gorerhythm's picture

I'm your butt boy

Fri, 01/07/2011 - 14:07 | 856776 Shameful
Shameful's picture

Shame some of the greats like Murray still aren't around the weigh in on current events.  Sure they can find someone good, and they will be needed.

Fri, 01/07/2011 - 14:08 | 856782 shushup
shushup's picture

Take the Job Tyler! But only if you can keep the blog albeit less prolific.

Fri, 01/07/2011 - 14:11 | 856783 jimgcpa
jimgcpa's picture

Austrian economics aren't taught in major universities.  Advanced economics degree will produce another Ben Bernank.  

Fri, 01/07/2011 - 14:17 | 856812 atomicwasted
atomicwasted's picture

Take a look at the Mises Institute and its efforts to get Austrian PhDs into higher education.  I think you may be pleasantly surprised to find out that you're not entirely correct!

Fri, 01/07/2011 - 19:37 | 857838 NotApplicable
NotApplicable's picture

There are several youngbloods that write regularly on

I'm sure Dr. Paul will have no problem finding a suitable candidate.

Fri, 01/07/2011 - 14:18 | 856817 Problem Is
Problem Is's picture

I have read that 80% of economic advanced degree papers and grant funding for research come from...

<drum roll please>

The FED and its regional member banks...


Fri, 01/07/2011 - 14:23 | 856830 atomicwasted
atomicwasted's picture

That leaves 20%, which means there is a nonzero-sized pool for the good doctor to select from.  I'm under no illusion that the mainstream of econ PhDs are establishment Keynesians.  But that's not the entirety of that population.

Fri, 01/07/2011 - 14:57 | 856962 Problem Is
Problem Is's picture

This Is True
But it also means 80% of the members of the faculty committee that decide your entrance into a graduate program are Fed programmed robots...

Who do not like research that shows they are wrong...

What do economists call that? Barriers to entry?

Fri, 01/07/2011 - 14:14 | 856793 chancee
chancee's picture

Joe Lavorgna is the twit of all twits.

Fri, 01/07/2011 - 14:15 | 856798 Ratscam
Ratscam's picture

Let's get the brilliant Larry Summers for the job

Fri, 01/07/2011 - 14:16 | 856804 Problem Is
Problem Is's picture

Dr. Paul Needs a Task Force
Not just one staff member economist...

Dr. Paul needs:

  1. His Austrian economist...
  2. A forensic Accountant or two...
  3. A certified auditor...
  4. An advanced degree statistician...
  5. A BIS informant...
  6. A FED informant...
  7. And William K. Black...
Fri, 01/07/2011 - 14:20 | 856819 goldmiddelfinger
goldmiddelfinger's picture

You've just described Arnold Schwarzenegger.

Fri, 01/07/2011 - 14:42 | 856895 Problem Is
Problem Is's picture

Schwarzenegger Fits None of the Above of My Descriptions
Schwarzenegger's only degrees and experience are in steroids, acting and marrying a Kennedy...

I watched him up close for a number of years and I am completely unimpressed...

BTW: He and his body guards do tip well when visiting the local Prague restaurant...

Fri, 01/07/2011 - 14:42 | 856915 goldmiddelfinger
goldmiddelfinger's picture

Close enough

Fri, 01/07/2011 - 14:21 | 856823 AnAnonymous
AnAnonymous's picture

Lets see if he can track who does what this time.

Last time, when Paul had a four members team of writers to write in a newsletter under his name, Paul was unable to tell who wrote what.

Four people, a newsletter committing his responsibility and Paul lacked the organizational skills to get everyone responsible of their work.


Fri, 01/07/2011 - 17:18 | 857514 samsara
samsara's picture

Timmy is that you?  Or is it Benny?

(or someone on their Official/Unofficial payroll?)

Fri, 01/07/2011 - 17:42 | 857571's picture

Last time, when Paul had a four members team of writers to write in a newsletter under his name, Paul was unable to tell who wrote what


So you have to go back like 20 years to find one innocent mistake made by the good doctor? Maybe it's just me but that sounds almost like an endorsement.

Sat, 01/08/2011 - 04:14 | 858374 AnAnonymous
AnAnonymous's picture

One innocent mistake?

That is a pretty bold assessment.

In many careers, failing in supervising the work of four subordinates is a career killer, the warrantee you wont find a new job in the sector.

Paul was experienced enough, not a rookie. His mistake was many things save innocent.

Fri, 01/07/2011 - 14:24 | 856832 ConfederateH
ConfederateH's picture

William Black is a Soros supported Huffingtonpost stooge.

Fri, 01/07/2011 - 14:31 | 856865 Bill Lumbergh
Bill Lumbergh's picture

I do not agree with that assessment but enlighten me with your proof.

Fri, 01/07/2011 - 14:32 | 856870 the rookie cynic
the rookie cynic's picture

Please elaborate or I'm forced to label this an ad hominem attack.

Fri, 01/07/2011 - 14:44 | 856923 goldmiddelfinger
goldmiddelfinger's picture

How dare you insult stooges !

Fri, 01/07/2011 - 15:42 | 856946 Problem Is
Problem Is's picture

Confederate: "William Black is a Soros supported Huffingtonpost stooge."

Refute by Counter Example
Black referred close to 1000 Caligula Bush Sr. S&L fraudsters for criminal prosecution... Sorry if that tarnishes your beloved felon Milken...

BTW: Milken financed Keating's take over of Lincoln and stuffed with junk bonds for Goldman like swindling... Hence the massive tax payer losses... How philanthropic of Milken...

Fri, 01/07/2011 - 14:25 | 856838 JS1234
JS1234's picture

And lots and lots of bodyguards.

Fri, 01/07/2011 - 14:30 | 856861 irishgurl4
irishgurl4's picture

8. Armed bodyguards

Fri, 01/07/2011 - 14:19 | 856815 flacon
flacon's picture

Keynesianism Loves the Total State - Mises Institute

Fri, 01/07/2011 - 14:18 | 856816 BanksterSlayer
BanksterSlayer's picture

Arnold Schwarzenegger is Austrian, and available! Also, he Terminates things.

Fri, 01/07/2011 - 18:26 | 857698 Al Gorerhythm
Al Gorerhythm's picture

Looking at his track record in terminating California's debt problem, The Schwarz leaves a lot to be desired.

Fri, 01/07/2011 - 14:24 | 856834 AnAnonymous
AnAnonymous's picture

More fairy tale for economists.

Guy has to be an austrian economist, that is from one school that has not performed in reality. No track records, no data to feed a position, nothing.

Going to be the austrian fantasy land vs all the others'propaganda land. Of course, these sterile 'debates' will only involve people who think they deserve every cent they are going to earn.

At least, they do create their own job as people are used to saying...

Fri, 01/07/2011 - 15:28 | 857117 Problem Is
Problem Is's picture

What is your opinion of ending fractional reserve banking?

Simplified Example:

  1. I do real work of economic production/value earning $10k.
  2. I deposit the $10k in a bank.
  3. The bank uses 10% reserve requirement and lends me a $100k mortgage by electronic entry... Read: Created not earned currency.
  4. Now I have to earn the money in the real economy to pay back the loan.

Corrupt system or counterfeiting?

Fri, 01/07/2011 - 15:37 | 857163 AnAnonymous
AnAnonymous's picture

Simplified example of what?

Fantasy land?

Plus framing with a forced answer.

So I'll state: debt system which allows to consume more and faster.

To play the little game all these economists are going to play: Do you want to be rich in your lifetime or not?

 People like entertainment. The Austrian crowd wants one of their puppets to join the show so they can feel represented and entertained according to their desires. So be it. But resources will be monopolized for this. 

Fri, 01/07/2011 - 16:30 | 857364 akak
akak's picture

It would help you make whatever case you are trying to make if you could write in complete sentences instead of in dangling and disjointed phrases.

It would help even more if those sentences had some semblance of coherent and rational thought behind them, which your rambling sentence fragments clearly do not.

Sat, 01/08/2011 - 04:29 | 858379 AnAnonymous
AnAnonymous's picture

What case?

If you look at the streak of posts, you will see that I followed the same structure.


The guy came with a simplified example. An example of what? What is going on in real life? Or what is going on in fantasy land?

Later, he cornered the issue with a forced set of answers.

So I gave a free answer.

Debt is a way to consume more and faster. Fractional reserve is an improved version of debt that allow more people to benefit from debt.

Fractional reserve brings the same issue as any other type of debt. The main question being when it comes to pay debt: how to pay it effectively.  

Fri, 01/07/2011 - 19:47 | 857845 NotApplicable
NotApplicable's picture

Well, it's obvious you have no understanding of Austrian Economics, or praxeology, as Mises termed it in order to differentiate it from the quackery of Keynes.

Go read Human Action, then get back to us about which part of it fails to describe reality.

Until then, your ignorance is the only thing on display in your posts.

Sat, 01/08/2011 - 04:21 | 858377 AnAnonymous
AnAnonymous's picture

Well, it's obvious you have no understanding of Austrian Economics, or praxeology, as Mises termed it in order to differentiate it from the quackery of Keynes.


Funny how people love to spread this type of stuff.

You know, when Christianity was  introduced in Europe, local religion priests tried to debate the christian scholars. They asked them simple questions, questions to be answered.

The Christians always sidetracked. Claiming that you need to know the religion to understand the answers.

1500 years later, after the conversion of an entire continent, events like the Black Death, the discovery of the new world etc, events that cornered Christians, it was found out that all the simple questions had not answered in  Christianity.

Economics are the same: always calling people to get educated to their ways, even more educated and more... until it is found that they have no answers to the simple questions they were asked at the start. At the moment, it parts people between those who made a living out of economics and people who thought they would acquire knowledge through studying economics.

Sat, 01/08/2011 - 09:48 | 858481 Dismal Scientist
Dismal Scientist's picture

I'm guessing English is not your first language ?

Fri, 01/07/2011 - 14:26 | 856837 Arius
Arius's picture

If i may suggest the first question to the candidate should be if he/she is a ZHholic?

if he/she is not smart/concern enough to be in this blog several times a day, it will be another summers/kudlow in the making...more of the same...

more important for Dr. Paul is to have someone who is passionnate about these issues even if is NOT a PhD...after all you can learn much more on ZH than in "school" 


Fri, 01/07/2011 - 14:27 | 856847 Mae Kadoodie
Mae Kadoodie's picture

Goldmember is up for he job.  He can paint Ben's yoo-hoo gold.

Fri, 01/07/2011 - 14:44 | 856916 slaughterer
slaughterer's picture

GS and JPM already have short-list candidates for this job.   Paul just does not know about their past employer.

Fri, 01/07/2011 - 14:35 | 856877 the rookie cynic
the rookie cynic's picture

Janet Tavakoli.

Fri, 01/07/2011 - 14:40 | 856902 Lord Peter Pipsqueak
Lord Peter Pipsqueak's picture

How about Michael Pento over at Euro Pacific?Eminently qualified,regularly destroys their policies in his bulletins and as an added bonus has fallen out with Erin Burnett on air because he was "rude",translated as not agreeing with her or refusing to accept that US debt will always be bought by foreigners:


Fri, 01/07/2011 - 17:47 | 857595's picture

Pento can't afford a five figure income. This job is for a younger man who's looking to make a name for himself.

Fri, 01/07/2011 - 14:42 | 856904 Die Weiße Rose
Die Weiße Rose's picture

get someone from the JP Morgue or the Goldman Sack to pimp Bang da Hoe,

that way we keep it all in da Cosa Nostra hood ;)

Fri, 01/07/2011 - 14:42 | 856907 Horatio Beanblower
Horatio Beanblower's picture

Bob Murphy must be a shoe-in, no?

Fri, 01/07/2011 - 14:44 | 856919 I_Rowboat
I_Rowboat's picture

  Why don't they look around for someone with an advanced degree in a more respectable field, and one grounded in reality, say engineering or a physical science?  An economics degree makes your credibility immediately suspect, to my mind.  Shit...economics?  You may as well have a "degree" in theology, 18th century literature, or some other nonsensical, non-rational, and useless field.

Fri, 01/07/2011 - 14:53 | 856957 AnAnonymous
AnAnonymous's picture

More of the show. Economists calling other economists...

Remark about religion is welcome as theologists prefer to 'debate' theologists. Help to keep up the show...Theologists will never push too far, so no risk to kill theology. Self-preservation.

 A guy with no data to back his claims, pushing up stupidities like Pareto efficient markets and guys framing issues and manipulating data. An allocation of resources they are certainly eager of declaring economic.

Fri, 01/07/2011 - 15:34 | 857135 Problem Is
Problem Is's picture

"Remark about religion is welcome as theologists prefer to 'debate' theologists."

+1... Funny
The Pope is into gold... Hire him...

Fri, 01/07/2011 - 14:47 | 856935 sbenard
sbenard's picture

I recommend one additional evaluation criteria, which the Bernank and the other arrogant academics and educated imbeciles at the Fed have never had:

Must have held a REAL job at some point in his/her life, working in a private business!

Fri, 01/07/2011 - 14:50 | 856951 Dr. Gonzo
Dr. Gonzo's picture

Professor Antal Fekete?

Fri, 01/07/2011 - 14:55 | 856960 Piranhanoia
Piranhanoia's picture

An Austrian.  Hmm.... that kid, Schickel something down in the foreclosure department.

Fri, 01/07/2011 - 15:02 | 856970 Zé Cacetudo
Zé Cacetudo's picture

This should be good for a few comments:

"The Pasadena Police Department would like to inform the public that buying gold is against the law unless you are licensed by the California Department of Justice," the statement said.


In addition, police added, "Gold buyers are required by law to ask for identification from whoever they buy from and maintain a description of the items they are buying. This information is then reported to law enforcement."


Oh, and while I'm at it, don't go through the TSA body scanners at the airport - they're cancerous:

Fri, 01/07/2011 - 15:09 | 857029 velobabe
velobabe's picture

it isn't against the law, this paper needs to have a retraction. hell that would make buying gold jewelry illegal. WTF!

"The Pasadena Police Department would like to inform the public that buying gold is against the law unless you are licensed by the California Department of Justice," the statement said.

Do NOT follow this link or you will be banned from the site!