Libertarian “Golden” Boy/Bachmann Tebow Complex

Ron Paul’s Golden Portfolio

Ron Paul is well known for his pro-gold policies.  He is a little less well known for his golden portfolio.  While most Americans have been watching their retirements quickly shrink, Ron Paul is doing OK.  He might not be as rich as Mitt Romney, but he could buy Tim Pawlenty.

Is Paul ready for the leftwing media meat grinder?

The question is if this will become an issue for Ron Paul down the road.  Unlike half the GOP field this year, Ron Paul had not been considered a threat so no vetting (as the left calls it) or smear (as the right calls it) has taken place yet.  Still, could Paul’s golden investments and golden ambitions of a gold backed currency be viewed by liberal opponents as a conflict of interest?  Already liberal bloggers are pointing out Paul’s use of earmarks, so more “vetting” may be on the way.

One question that had me scratching my head is why Paul would advocate fixing the debt ceiling deal by having the Fed write off the QE1 and QE2 loans it had printed and made to the Treasury.  Of course, this would make the hundreds of billions involved unrestricted cash and could result in inflation. At the same time he voted (contrary to his son Rand) against Cut, Cap and Balance.  Ron Paul’s constant votes against any appropriations bill that doesn’t adhere strictly to the constitution should be viewed as a principled approach to representing the people who sent him to DC.  But it sure hasn’t hurt his portfolio either, as imperfect but more conservative bills fall to more liberal compromises that can pass without him and others who vote like him.  Paul has bet on instability and it has paid off.

By the way, Paul’s holdings don’t include major stockpiles of gold, but are actually all in gold mining companies.

Should Bachmann Be Third String?

Meanwhile, on the mainstream side of the GOP Michele Bachmann is suddenly finding herself where Pawlenty was just a couple weeks ago: a solid third place.

This made me think of Tim Tebow who was recently put at the Broncos’ third string behind Brady Quinn and Kyle

Tebow was local hero as a Gator

Orton.  I love Tim Tebow.  When he gets the ball and runs, or dumps those short touchdown passes over the defensive line’s heads, we all go nuts here in Florida.  Bronco’s preseason makes Floridians happy because we get to see Tebow.  He was a local champion who got everyone on fire for him, and when he went pro his Broncos’ #15 jersey was the number one seller in the whole NFL.

But Tebow is not a polished player.  His faith endears him to Christian NFL fans.  The excitement he brought to the Gators with his competitive and unpredictable playing style built him a huge fan base.  But his accuracy is off.  He is no Tom Brady or Peyton Manning.  He might fill the stadium, but he is not the quarterback to bring the Broncos to the Superbowl this year.

Can Bachmann be the GOP starter?

So why does he make me think of Michele Bachmann?  Bachmann has a huge fan base.  She became a national sensation as the darling of the TEA Party.  She fills stadiums and is exciting to watch and listen to.  But she is unpolished.  Her accuracy is off.  She’s no Mitt Romney or Rick Perry.

So for now, like Tebow, Bachmann is going to remain third string until she can prove she’s a starter.

25% Chance Rand Paul Will Run?

According to Rand Paul, there is a 50-50 chance that one of the Pauls will run for President in 2012. Will it be him? Only if his father, Ron Paul, decides not to run this year. That makes the chances of a Rand Paul candidacy closer to 25%.

Which Paul do you want to see in 2012?

Rand Paul has been considered a top contender for the 2016 primary, among other freshmen like Marco Rubio. But few expect him, Rubio, or any of the other 2010 Republican first time victors to step into the ring, especially after how much criticism Obama has received for his measly two years of experience. The fact that Obama’s inexperience continues to conspicuously display itself won’t help.

On the other hand, Ron Paul had little shot of winning the Republican primary in 2008. If he chooses not to run in 2012, will Rand run to highlight the same conservative constitutionalist issues his father did? Perhaps, but not all the same issues since Rand is more mainstream on foreign policy. In fact, the differences between the two Pauls could be the difference between a fringe candidate with an obnoxious group of libertarian outcasts and a mainstream candidacy by a conservative/libertarian hybrid who could garner a Republican majority in 2012. He could also scrap up some of the anti-war Democrats his father charmed in 2008.

One thing is for sure, if Rand Paul runs it will be a boon to debate buffs who are excited about the intellectual dialogue that a Newt/Romney debate already promises. Having Rand on the stage will also guarantee that conservative constitutionalist issues are well represented.

%d bloggers like this: