Paul Ryan, Republican Vice Presidential Nominee
- Posted by Jeff Carter
- on August 11th, 2012
Paul Ryan is a genuine person. Very down to earth. I have met him a couple of times. Physically, he is tall, around 6’2″ and knows how to light up a room. He’s from Janesville, Wisconsin which is a farming/logistics hub on the interstate highway system. It’s about 2 hours from Chicago. On May 25th of last year, I called for Ryan to be the Presidential nominee, so obviously I like the pick.
Ryan understands economics. He also further understands the differences between viewing an problem in economic terms and in accounting terms. Democrats will castigate him on his Medicare plan or his budgets. However, they are looking at the world through the backward looking accounting that tells you where you have been, not where you are going.
This election isn’t about social issues. I saw a speech at the Chicago Economic Club lunch and Ryan hit it out of the park if you consider yourself “socially liberal and fiscally conservative”. At that lunch Ryan spoke at length about “managed scarcity” and “crony capitalism”.
The big government advocates, all Democrats and some Republicans, believe in centralized programs that will further stratify America. There will be an elite ruling class, and everyone else. Not a lot of income mobility, and most importantly, a massive loss of freedom. A society that is crippled with debt and government programs cannot possibly keep it’s freedom to choose.
This was a bold choice by Romney. It signals a new direction for the entire Republican party-and it’s a good one. Ryan is one of the young guns that can lead us into a future that embraces the values of classical liberalism embodied in the US Constitution. That’s what a lot of people thought they were getting with Obama in 2008. Instead, he fooled them. On the merits of this choice alone, Romney deserves your vote for President.
My check is on it’s way.
This is central bureaucratic planning versus freedom in a nutshell. Tip of the hat to Insty.
Ryan understands the facts, how economics applies to them, and can destroy Obama on an intellectual and factual basis.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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