I know our friend, David, will jump all over this posting! David Stockman endorses Ron Paul on several issues including the budget and foreign policy. Dr. Paul has stuck to his views for years and one must appreciate someone who does not waffle as it is so rare in politics. I, however, would think that a third party run by Paul only would siphon off votes from the Republican Party candidate. What do you think?
Former Michigan Congressman and former Reagan official David Stockman is a vocal critic of President Obama's Keynesian policies but he's also not very pleased with his GOP cohorts running for the White House.
As he details in the accompanying interview with Aaron Task, Stockman believes the Republicans are off base in their refusal to even discuss the notion of higher taxes at a time when the government faces an insurmountable debt burden. "I think it's absurd. It is willful ignorance of the facts of life."
At the Iowa GOP debates last week all candidates in attendance said they would reject any debt reduction compromise featuring a 10 to 1 ratio of spending cuts to tax increases. An incredulous Stockman's reaction: "that means the Republican party is checked out of reality."
Out of all the current contenders Stockman favors Texas Congressman Ron Paul. "If I were to pick any candidate who's saying the right things on the core issues of foreign policy and the need to end this credit card imperialism, and the need to get the central bank back into the narrow slot it should be in," Stockman believes Paul's "a lot closer than anyone else."
Does Paul have a shot to win?
Stockman isn't so sure but does think he could make a real difference if he runs as a third party candidate.
I wonder whether Stockman has forgotten that Ron Paul was in the Libertarian Party as a presidential candidate before he came into the Republican party. His views are too libertarian for the average Republican, especially on wars, religion, homosexuality, drugs, and the Federal Reserve banking system. Nevertheless, he won the poll on this blog and nearly beat Bachmann in Iowa. It's too late for him, but perhaps he has blazed the trail for Rand or some other libertarians to follow in hopes of someday replacing the Tea Party from the inside rather than as a third party.
ReplyDelete--David