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Impartial Analysis Finds Only Ron Paul Would Cut US Debt Burden

Tyler Durden's picture




 

When one puts aside all the histrionics, all the melodrama, all the irrelevant secondary bullshit such as appearance, charisma, ability to tele-evangelize, all the irrelevant policies such as what planet the US should colonize or how women should procreate, and focuses on just one thing: which presidential candidate (not to mention president) will do the right thing for America, which is to make sure that it doesn't collapse under a record debt load, there is just one answer. And it is not even ours: it comes from the impartial Committee for a Responsible Federal Budget Project, aka US Budget Watch ("U.S. Budget Watch neither supports nor opposes any candidate for office. Its reports are intended to promote understanding and discussion of the federal budget and how specific policy proposals would affect the deficit") which today released an analysis on debt sustainability titled "The GOP Candidates and the National Debt." The answer is in the chart below.

That's it. That's all that matters. The rest is noise.

Full report below (pdf)

 

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Thu, 02/23/2012 - 21:12 | 2191357 quebecgold
quebecgold's picture

Let’s play!

Let free the Tyler Durden in you!

Tomorrow(02/24) everyone tweets ‘’Greece Defaults’’ on twitter at exactly 10:03 (ET).

It’s time to see how bad the Algos will react to this storm of tweets.

Respond to this message saying you are IN!

Thu, 02/23/2012 - 21:15 | 2191364 TradingJoe
TradingJoe's picture

Fuck Yeah!

I'M INNNNNNNN!!!

Thu, 02/23/2012 - 22:47 | 2191595 boogerbently
boogerbently's picture

How do we overcome the "voter ignorance" that did in Perot?

That a vote for Paul is a "wasted vote" ???

Thu, 02/23/2012 - 23:05 | 2191637 Dr. Richard Head
Dr. Richard Head's picture

My first eligible vote for President was for the perdue chicken man and whoooshing sound dumbo ears. At least that is what I remember the idiot box...I mean TV told me about him. Those who make sense are made to look nuts on that fucking Alpha wave brainwashing machine. I swear that news anchor is telling me to come talk to her....lulz

Fri, 02/24/2012 - 01:24 | 2191868 redpill
redpill's picture

I'm thankful for all the happy Ron Paul evangelists out there, but for my own part I've lost patience with people, and at this point I simply tell them they either vote for Ron Paul or they are part of the problem.

 

And if you haven't already, go to http://www.americanselect.org/, sign up, and support Ron Paul.  It needs to be made crystal clear to the GOP and everyone else that he WILL be on the ballot in November in some capacity, and they can either take advantage of that by nominating him as their candidate, or suffer the consequences of a three way fractured election.  This country won its independence by the actions of a vocal minority and by god we'll have it back again with one.

Fri, 02/24/2012 - 02:00 | 2191902 Deo vindice
Deo vindice's picture

@redpill

The problem is that the GOP is very likely in bed with the Dems and they would rather 'throw' the election than have Dr. Paul. So while I agree with your sentiment, I don't think the GOP leadership cares what you and millions of concerned Americans think.

Fri, 02/24/2012 - 02:09 | 2191911 redpill
redpill's picture

I'm sure they don't.  But the time will come when they no longer have a choice.  I just hope that's sooner rather than later.  Thus, my advocacy.

Fri, 02/24/2012 - 02:22 | 2191920 Deo vindice
Deo vindice's picture

We can pray.

Fri, 02/24/2012 - 02:36 | 2191925 Max Fischer
Max Fischer's picture

 

 

Can someone please explain what Ron Paul is saying in this clip from last night's debate?

http://www.youtube.com/watch?v=0hn846S8ikI

The pill cannot be blamed for the immorality of society?  

Sex is immoral?  Having pre-marital sex is immoral?  Getting pregnant is immoral?  Getting pregnant outside of marriage is immoral?  i thought "real" libertarians were open-minded about sex and didn't pass moral judgement on those having sex whenever they want and with whomever they want.  

WTF?

This doesn't sound like a libertarian.  It sounds like a conservative Republican hiding behind the facade of a libertarian. Or maybe it's a libertarian pandering to a Republican audience?  I would expect a comment like this from Santorum, not RP.  

Max Fischer, Civis Mundi

Fri, 02/24/2012 - 02:45 | 2191939 Fluffybunny
Fluffybunny's picture

Sure, he's an old dude, he probably doesn't think shagging anyone everywhere is moral. But as a libertarian leaning person he does not want to project his morality on others through government force.

Fri, 02/24/2012 - 14:09 | 2193363 Cathartes Aura
Cathartes Aura's picture

http://en.wikipedia.org/wiki/Sanctity_of_Life_Act

you cuddly little voter you! soo cute.

Fri, 02/24/2012 - 06:14 | 2192131 Temporalist
Temporalist's picture

You are a shit sucking idiot.

Fri, 02/24/2012 - 06:30 | 2192136 Ghordius
Ghordius's picture

I agree with FluffyBunny, IMO he is just making the point that you cannot demonize the pill

but yes, he is a libertarian trying to talk to Republicans into electing him, I'd say this is a fact

Fri, 02/24/2012 - 06:50 | 2192141 purplefrog
purplefrog's picture

Okay, I watched the clip.  Where in the world did you get all this other stuff you were talking about?  Your inferences are bizarre, but then your point is really you just don't like Ron Paul.  Why don't you just say that instead of creating all this blather?

Fri, 02/24/2012 - 07:26 | 2192165 fourchan
fourchan's picture

dont they mean cost cutting? insted of cross cutting?

Sat, 02/25/2012 - 07:21 | 2195351 Baleful Runes 4 U
Baleful Runes 4 U's picture

That's because strictly speaking Paul isn't a Libertarian. The following (Paul's words) are not those of a Libertarian-

"there clearly is no right to privacy nor sodomy found anywhere in the Constitution. There are, however, states’ rights — rights plainly affirmed in the Ninth and Tenth amendments. Under those amendments, the State of Texas has the right to decide for itself how to regulate social matters like sex, using its own local standards. But rather than applying the real Constitution and declining jurisdiction over a properly state matter, the Court decided to apply the imaginary Constitution and impose its vision on the people of Texas."

A Libertarian would say a right to privacy IS found in the Constitution (mainly in the 4th Amendment). This is of course a very truncated version but it will have to suffice. If you think this only applies to homos doing whatever in their homes, think again.  Paul doesn't give a crap if your individual liberties are oppressed on the STATE level, just as long as the feds aren't doing it

"We must be interested in the spirit of our Constitution. We must be interested in the principles of liberty. I therefore urge my colleagues to oppose this amendment. Instead, my colleagues should work to restore the rights of the individual states to ban flag burning, free from unconstitutional interference by the Supreme Court." (RP 2003)

You know many Libertarians who believe free speech ends just because an individual state says so?  Plus, gotta love the doublespeak there (liberty means individual states can tell you what you can and can't say?!).

Anyway, Ive said it before. RP is a fucking fraud. His son voted for war on Iran (sanctions are an act of war), and placed a known neocon operative in RP's campaign.

Let the down arrows commence

Sat, 02/25/2012 - 12:56 | 2195583 dizzyfingers
dizzyfingers's picture

Baleful: the ship USA is sinking!!! What's to be done about that?! Shall we all worry about our own bellybuttons? Do you think any candidate says what he or she really thinks?

Fight organized crime; vote for no one.

 

Sat, 02/25/2012 - 13:25 | 2195712 Baleful Runes 4 U
Baleful Runes 4 U's picture

I don't disagree with what you say.

 

 

 

 

Fri, 02/24/2012 - 01:22 | 2191872 Honey Badger
Honey Badger's picture

I'm bringing my pencil to the voting booth.

Thu, 02/23/2012 - 23:24 | 2191682 BrotherBroGo1
BrotherBroGo1's picture

I am good to go unless CNBC stoogies beat us to the punch...Liesman hates to be the last to the party!!

Thu, 02/23/2012 - 21:18 | 2191370 AndrewJackson
AndrewJackson's picture

The sad thing is that would more than likely move this broken piece of shit market.

Thu, 02/23/2012 - 21:28 | 2191388 navy62802
navy62802's picture

Might even crash the fucker. Now THAT would be epic.

Thu, 02/23/2012 - 22:18 | 2191497 DrunkHarryReid
DrunkHarryReid's picture

In there like swim wear.

Thu, 02/23/2012 - 22:52 | 2191604 LvM
LvM's picture

If I were fond of spreading disinformation I would be in. I am fond of being taken seriously instead.

Thu, 02/23/2012 - 23:08 | 2191646 Dr. Richard Head
Dr. Richard Head's picture

What is disinformation is the talking cocks that try to explain how these markets somehow reflect reality.

Tue, 02/28/2012 - 09:47 | 2203400 LvM
LvM's picture

Yes, that's also disinformation. What's your point?

Fri, 02/24/2012 - 10:52 | 2192532 pyite
pyite's picture

Note that Obama does just as good a job as Ron Paul at slowing down the rate of increase in the national debt with his budget proposal:

http://andrewsullivan.thedailybeast.com/2012/02/chart-of-the-day-7.html

Maybe this image will work:

Of course, because these are the only two sane people in the race, there is no chance in hell of their proposals turning into law any time soon.

 

Thu, 02/23/2012 - 21:13 | 2191360 ultimate warrior
ultimate warrior's picture

Ron Paul because the rest are FAKES!

Fri, 02/24/2012 - 01:01 | 2191850 Zero Debt
Zero Debt's picture

It ain't a pork cut unless you hear a pig scream when the axe falls.

Thu, 02/23/2012 - 21:19 | 2191369 TradingJoe
TradingJoe's picture

We all route for RP but how many of us have sent moola to Mr Paul' s Campain, how come all the Zionist Schmucks have Super Pacs and we can't get him one too?!?! They say only boatload's of money will Winn this "Election" so?! Let's all buy Mr Paul one, eh?!

Thu, 02/23/2012 - 21:37 | 2191415 SuperVillain
SuperVillain's picture

I believe Dr. Paul has 3 super PAC's. Endorse liberty is well funded by the founder of Pay Pal. I'm glad you bring up donating to Dr. Paul and anyone who believes its bullshit to dump all this debt on our kids should as well.

My donations to Ron Paul 2012

Donation amount: $25.00
Transaction date/time: 2011-06-05 19:20:13
Transaction ID: *****5802

Donation amount: $50.00
Transaction date/time: 2011-08-16 10:18:43
Transaction ID: ******5403R

Donation amount: $50.00
Transaction date/time: 2011-08-20 07:09:26
Transaction ID: ******6942L

Donation amount: $100.00
Transaction date/time: 2011-12-06 10:25:33
Transaction ID: *****8417

Donation amount: $250.00
Transaction date/time: 2011-12-16 10:49:53
Transaction ID: *****9093

Donation amount: $500.00
Transaction date/time: 2012-01-13 23:03:37
Transaction ID: *****6121

Donation amount: $50.00
Transaction date/time: 2012-01-24 10:59:57
Transaction ID: *****3898

Donation amount: $100.00
Transaction date/time: 2012-02-03 23:15:49
Transaction ID: *****2394

Donation amount: $100.00
Transaction date/time: 2012-02-14 10:46:29
Transaction ID: *****0591

Donation amount: $100.00
Transaction date/time: 2012-02-20 14:16:09
Transaction ID: *****9455



Thu, 02/23/2012 - 22:58 | 2191624 dolph9
dolph9's picture

Sorry but I'm too jaded at this point to donate to any politician, even Ron Paul.

Bring on the fucking collapse and let's see who's standing.  You can give your fiat to politicians.  I'll be buying gold.

Fri, 02/24/2012 - 00:46 | 2191834 VelvetHog
VelvetHog's picture

Damn, that's 80% of my gross for 2011.  Nice job!

Fri, 02/24/2012 - 11:59 | 2192808 goldfish1
goldfish1's picture

the founder of Pay Pal

Feb 20, 2012  A report filed earlier today showed PayPal co-founder Peter Thiel donated $1.7 million last month to a super PAC supporting one of Romney's GOP rivals, Ron Paul.

Overall, Thiel has donated $2.6 million to Endorse Liberty, created last year to aid the Texas representative.

http://content.usatoday.com/communities/onpolitics/post/2012/02/presiden...

Thu, 02/23/2012 - 21:39 | 2191416 bdc63
bdc63's picture

I've sent money to the Paul campaign ... 3 times so far for this campaign and probably a half dozen times 4 years ago.

He has lots of supporters and donators, but no Daddy Warbucks that I know of.  That's okay - we'll win this the old fashioned way.

Fri, 02/24/2012 - 03:52 | 2192003 Denver768
Denver768's picture

I've donated a bunch, but more importantly am a Colordao precinct delegate for the upcoming county and hopefully state caucus. 

Time to get involved people.  Go out and try to do something. Don't wait any longer.

 

Thu, 02/23/2012 - 21:45 | 2191431 LowProfile
LowProfile's picture

I've done more than donate money, I donated my TIME.  Get out  there and press the flesh!

Fri, 02/24/2012 - 00:03 | 2191769 ihedgemyhedges
ihedgemyhedges's picture

EXCELLENT ADVICE!!  Yet, when I told my wife I wanted to "press the flesh", she said she had a headache..................

Thu, 02/23/2012 - 21:50 | 2191446 Clockwork Orange
Clockwork Orange's picture

Have thrown him plenty - if the establishment won't let him take prez, broker him in as Treasury Secretary.  See how Benjamin S likes that one.

 

Thu, 02/23/2012 - 22:17 | 2191495 azzhatter
azzhatter's picture

I have sent him $700.00 so far and plan to continue

Thu, 02/23/2012 - 21:21 | 2191373 Ponzified Plebe
Ponzified Plebe's picture

This is why RP supporters are considered extremists, you know, nothing is more extreme than common sense in the midst of oceanic levels of willful ignorance and wishful thinking.

Thu, 02/23/2012 - 22:19 | 2191499 Deo vindice
Deo vindice's picture

That is a quotable sentence. Good one!

Fri, 02/24/2012 - 10:03 | 2192361 BeetleBailey
BeetleBailey's picture

Well stated. Paul is the only one that speaks the truth...which is why our fucked up populace won't vote for him.

Too into "liking"...."oh he's nice"...and now with Barry Obangyi, the Kensyian Commie..."he's cool".....

I have given up on this system we have in place...it is totally broken. I hope RP sticks it out.....

I'd hate to see a 3rd party....that would probably clinch it for Obangyi...and this country would slide into the abyss (which it already has an excellent start).

Too many takers now....not enough makers.....and the populace dumb as doorknobs...which is fertile ground for the loser libs and dummy evangelical GOP....

 

 

Thu, 02/23/2012 - 21:22 | 2191375 JPM Hater001
JPM Hater001's picture

Ron Paul- a chicken in ever pot you wanted it in bad enough to make it happen..

Thu, 02/23/2012 - 21:23 | 2191378 vh070
vh070's picture

Giving too much credit to the electorate?

Thu, 02/23/2012 - 21:23 | 2191379 jm
jm's picture

If real estate prices continue to decline, people will continue to be underwater on their biggest liability.  This makes them insolvent. As long as they have cash flow they will pay down debt.  If they have no cashflow they will default.  This creates huge demand for dollars because of paydown and bank loss provisioning.  A bull market in dollars means a bear market for everything else.

ZIRP floods the world with liquidity, but it can't be forced into housing, so the tide that raises all boats is uneven, relatively more going into food and fuel. 

Deficits are the only thing standing in the way of self-reinforcing household balanced sheet deleveraging.  Cut government spending and you likely end up with implosion. 

All the rest is smoke and mirrors.

Thu, 02/23/2012 - 21:29 | 2191390 Tyler Durden
Tyler Durden's picture

But wait, how is crude soaring? Don't we have a deflationary collapse? Or perhaps someone always forgets to factor in central bank response to hyperdeflation which is pushing two buttons: CTRL and P.

But yes, Joe Sixpack will feel much better when his mortgage is $500,000 and his cup of coffee is $852 quadrillion.

Smoke and mirrors maybe, but the item reflected is an exponential chart.

Read Sean Corrigan's Santayana's Curse for a totally different perspective than that indoctrinated by years of flawed propaganda.

Thu, 02/23/2012 - 21:40 | 2191421 jm
jm's picture

ZIRP floods the world with liquidity, but it can't be forced into housing, so the tide that raises all boats is uneven, relatively more going into food and fuel. 

 


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