|Rand would have supported Ron Paul, because he is the only candidate whose political outlook is premised on the principle of individual rights. No other candidate advocates authentically limiting government by slashing spending (paraphrasing Dr. Paul) to roughly 25% of today's obscene levels. No other candidate talks about phasing out social security and Medicare. No other candidate defends free enterprise, without apology or whitewashing; or understands, as does Dr. Paul, the benevolent harmony of interests made possible under a regime of individual responsibility and free markets. |
No other candidate grasps that the Federal Reserve System exists as a coercive commercial banking cartel, for the single purpose of monetary depreciation through fractional reserve monetary inflating. Only Dr. Paul understands that monetary inflation, which is impossible on a free market, is an insidious and hidden process of unjust wealth transfer from Joe Sixpack to Wall Street Hedge Fund mavens. Only Ron Paul understands that the Fed's monetary inflation creates destructive artificial booms and debilitating busts, and promotes capital consumption and financial socialism.
No other candidate defends free trade based on the individual's right to buy whatever he wants at the lowest price she can find, and based on classic insights from economics about the Law of Comparative Advantage. Republicrats hate free trade because in their confusion they imagine, like their merchantilist forerunners, that cheap imports threaten the livelihoods of their political clients and supposedly create lower wages. They believe that "free trade agreements" should promote exports while restraining--as much as possible--imports. They want such agreements to coercively institutionalzie labor and environmental regulations across international borders. Only Dr. Paul grasps that the mutuality of interests promoted by free trade is a powerful inducement to peace among nations.
Finally, only Ron Paul understands that today's neo-conservatives are Big State pseudo-conservatives who share common philosophical moorings with their Big State bretheren on the left. Neo-conservatives--inclduing every Republican candidate running for President other than Dr. Paul--are friendly to Big State power. They have zero sympathy for abolishing illicit Big State activities, such as medical liscensing regulations, the income tax, the Federal Reserve System, labor, health, environmental and business regulations, the War on Drugs, and much much more.
Neo-conservatives--as well as their intellectual sidekicks on the left--are drunk with the idea that power and efficacy flow from the barrel of a gun, or the threat of a terrible nuclear strike. Although they disagree, from time to time, with their pals on the Left about which non-defensive wars Americans must be herded into supporting, they all consistently support military adventuring for the broad purpose of international social reconstruction. Ron Paul is the only candidate to oppose such military hegemony on the basis of principle: both Constitutional and ethical.