Saturday, February 21, 2009

Ron Paul: Legalize It, Tax It

Ron Paul goes after the "drug war" via Real Time with Bill Maher.

Speaking live from Clute, Texas, the libertarian-leaning Republican did what few other members of Congress will and openly called for the United States' War on Drugs to be abolished.

"What about when FDR came to office in '33," asked Maher. "One of the first things he did was repeal prohibition. He said we can't afford this anymore. Well, we have prohibition in this country. ... When he was making radical changes he said look, we're serious now. We're going to make serious changes and people like liquor."

"Well, in this country, people like pot," said Maher to a wave of cheers and applause. "If we ended that prohibition, that would be a giant pooling of money."
Another reason I wish Ron Paul wasn't crazy on so many other levels. When he's not talking about the IRS or the Fed, he makes a lot of sense.

3 comments:

  1. "When he's not talking about the IRS or the Fed, he makes a lot of sense."

    - I'm not sure why you said what he says about the IRS and the Fed doesn't make sense. He's been validated as of late with the economic crises. He, along with Peter Schiff, were about the only people in the media who were saying this was about to happen while Krugman and all the other "experts" were blindsided by it.

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  2. Paul's ability to predict the downturn of the economy, along with economists like Krugman and Stiglitz, in no way validates (or even relates to, as justification for) his suggestion that we abolish the IRS (idiocy) or that the Fed is unconstitutional (not true, and also not representative of what the Fed is capable of or the positive -- while flawed -- influence it has on economic stability in a financial economy). These ideas are perpetuated and subscribed to only by the likes of the Paul supporters in Idaho stashing gold and printing their own money.

    Even a broken clock... etc.

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  3. A - you need to reread Krugman because he was warning about employment levels and crap like that long ago. Bush never produced a healthy recovery and inflated assets were not the bases of real wealth.

    B - Peter Schiff sure can bloviate but he can't even run his own portfolio: http://globaleconomicanalysis.blogspot.com/2009/01/peter-schiff-was-wrong.htmll

    As a liberal I think we should also abolish the IRS and have a flat tax with something like the first 50,000 dollars of income be tax free. Our tax system is a joke and we should be spending time tackling energy independence or going to the moon again or getting baseball players to stop using steroids or anything else besides playing with spreadsheets trying to avoid taxes. Our intelligence is being wasted on this idiotic tax system.

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