*promote

Self promoting this video and sending it back into the queue for one more try; last queued Friday, September 18th, 2009 5:42pm PDT - promote requested by original submitter blankfist.

Great discussion. More people need to hear it! *quality

Boosting this quality contribution up in the Hot Listing - declared quality by EndAll.

Ron Paul is pretty much dead on every time I hear him speak. We need more politicians that are willing to stand up and go against grain like him. The folks that are currently running things are exactly the same as the last folks no matter if there is a D or R after their names.

He didn't say welfare hurts the poor, he said inflation hurts them (ie- running a deficit to pay for welfare). Perhaps his view on welfare is a little more complex, but that's what I took from this particular video.

I do agree with him on "easy credit". Using credit to invest in means to increase income is generally a positive thing, but many people use credit cards to buy stuff simply because they want it. That new HDTV or sound system might be nice, but it's unhealth to pay for it with debt. They may have sudden expenses or lose their job, but that debt still grows exponentially.

I hate the term "Welfare State" as if its the poor people's fault for being poor. The vast majority (at least 90%) of "welfare" is going to CORPORATE WELFARE that should be gotten rid of.

>> ^Ariane:
I hate the term "Welfare State" as if its the poor people's fault for being poor. The vast majority (at least 90%) of "welfare" is going to CORPORATE WELFARE that should be gotten rid of.


I would love to see where that number comes from.

We gave up the opportunity to elect someone who understands the economic issues for a Geaorge Bush "of color". Good job, Obammy; fill the administration with the people who CREATED the problems in the first place.

It also hurts the poor because when people's skills fall below the market rate of minimum wage. So if you have someone who has skills that merit him a 3 dollar wage, you can't hire him at that rate, have to give him 5.25 or whatever it is now. Charity isn't bad, but most smaller business's can't afford to engage in charity for such a lowly position (that difference is about $4200 a year per person employed at that rate vs the min wage rate). The result is that he becomes perpetually unemployable until his skill set increases, which isn't likely given he can't find a job to gain more skills and experience in the market place.

My church has stated up something to counter this by helping the poor and disfranchised find proper employment instead of messing around with mandatory prices of labor. Remember, prices are the method that capitalism sends out messages to buyers and sellers at to what to buy and sell, how much to pay for commodities and capital goods. When you mess with the pay rate, you muddle the messages and start to grind away at the teeth of the price engine.

http://letsgettowork.wordpress.com/

Perhaps you can help others in your area with a similar idea.