Round Up: Republican Economics Edition

by JT McGee

The current slate of Republicans are cute.

Cute in the sense that dumb is cute.

I’m not sure if you tuned into the Republican debate on CNBC this week, but if you did, you got a great show. The questions were mostly about finance and economics because CNBC wants to pretend that it’s a finance and economics channel. In reality, it exists for as a “pimp this security this week” channel.

Insert Jim Cramer’s CEO interviews here.

Anyway, so moron #1 is Rick Perry. If you haven’t seen his campaign melt down in a record time of 1:30, I recommend you watch this YouTube video:

Rick Perry has no idea what his economic policy is. It’s because he doesn’t have one. All but one of the candidates on the stage—the “unelectable” and “quixotic” Ron Paul—could care less about making things better. Most just care about getting re-elected…err, elected into a higher office.

Rick Perry turns to Ron Paul, from whom he stole much of his economic plan, for help in which agencies to cut. Ron Paul trolls him, saying only “there’s five.” Ron Paul, the crazy guy that he is supposed to be, is the only real conservative on the stage—which apparently makes him crazy.

I’m glad Ron Paul finally got even with Rick Perry, even so subtly as he did in this most recent debate. Ron Paul won’t be seeking re-election in his Congressional district because of Rick Perry who, as governor of Texas, oversaw recent gerrymandering in such a way that Ron Paul’s district became heavily democratic overnight. There’s been a long feud between Rick Perry and Ron Paul, mostly because Ron Paul calls the guy out on his political positioning—Rick Perry is a Republican, not a republican.

Disclosure: I’m a Ron Paul fan. I like Ron Paul for one reason, and one reason alone—he says what he means and means what he says. You can’t say that for any other official in the Federal government…not one. Well, maybe Justin Amash.

Cool Stuff This Week

Going with the theme of this post, Kevin @ Thousandaire says Herman Cain hates savers. True story.

Kevin has an very introspective post about his understanding of his personal finances in college.

A lesson from FinanceSayWhat? on why you shouldn’t debate Occupy Wall Street on Facebook.

FinancialSamurai gives tips on the best places to meet the right women. I say at the bank…right?

Darwin has a great post on Unemployment by College Major.

Andrea at SoOverDebt should rename her site “Unsent Letters” because this series is absolutely hilarious. Actually, most of her articles are. I totally dig her site.

101 Centavos almost made me spit out my cereal earlier in the week when I caught his post on Juicy 6% bond yields and a picture of Italy.

I like this “PKamp3” fellow (that’s not a pen name!) who aligns a lot to my view of personal finance/finance. He’s got a great post on why mortgages rates are super-low adjusted for inflation.

LaTisha has a cool post on Golden Parachutes. I want one of those! At $20 million, I only need one!

{ 12 comments… read them below or add one }

Eric November 11, 2011 at 14:47

I am not such a Rick Perry fan. We can all see what happened the last time we elected a Texas governor to the White House.


JT McGee November 12, 2011 at 15:05

That’s probably the least logical reason to dislike Rick Perry, but I can’t argue with the idea that he’d make a terrible president.


Jon - Free Money Wisdom November 13, 2011 at 18:22

I agree with your article 100% I truly hope Ron Paul will get in — but it’s hardly likely. Rick Perry would follow his prophet if he was voted in, due to him being a mormon,…and that along with his lack of intelligence is a scary thing altogether.


JT McGee November 13, 2011 at 23:24

I’m not sure I understand the connection between Mormonism and following his prophet. Honestly, I tried to Google the phrase “follow his prophet” and have no idea what that means in context.

Apparently four Republican candidates–Bachmann, Perry, Cain, and Santorum–were all called by God to run for president. I find that kind of funny, really. That’s beyond belief…


LaTisha November 11, 2011 at 15:53

Thanks for the mention!


JT McGee November 12, 2011 at 15:06

Hook me up with a golden parachute worth big bucks and we’ll call it even. 😛


101 Centavos November 12, 2011 at 08:43

Thanks for the mention, JT. I’m a Ronpaulian as well. I hadn’t heard of Rick Perry’s dirty gerrymandering deed, but it’s not a total shocker, I suppose. Politics is a dirty business.

With this current gaggle of Republican mental midgets, I’ve been saying that we’re likely in for another 4 years of Barack Obama.


JT McGee November 12, 2011 at 15:07

Well, Rick Perry didn’t want one honest man in Congress–that’d be too much!

It’s going to be tough for both sides. Obama’s going to have a hard time energizing the electorate that gave him the presidency in 2008. That’s not to say Republicans won’t have the same problem to an equal degree.


PKamp3 November 12, 2011 at 13:26

Thanks for the mention, haha. We’re fighting a war against a war on debt.

Here’s what I was reasoning through… Pretend you’re Perry… Romney shouts out the EPA, helpfully, when you are forgetting about the Department of Energy. Why don’t you just say, “yeah, that’s it!”, even if it isn’t? You get through the awkward moment and if your aides really don’t want to fight a war on the EPA just issue a press release later. People will remember the pause more than the actual things he wants to eliminate.


JT McGee November 12, 2011 at 15:08

Yeah, I think it’s just one of those things that’s easier said than done. He was obviously spooked after realizing he had no idea what his third agency was.


Funancials November 12, 2011 at 17:20

Crossing my fingers for Ron Paul.


RJ Miller November 28, 2011 at 00:30

Ron Paul? Probably the only candidate that actually says what he means according to his own principles and not in an attempt to pander for votes.

I hope he makes more headway and influences others to adopt the same political framework.


Leave a Comment


Previous post:

Next post: