Wednesday, June 13, 2012

How an Obama Victory Could Help the Liberty Movement

As Ron Paul's 2012 Presidential bid is drawing to a close, his supporters are struggling with the disappointment of defeat coupled with his son Rand's endorsement of Mitt Romney. It's been difficult and confusing for those who have invested their time, sweat, and money; but there are many reasons to be optimistic.

Ron Paul will send hundreds of delegates to Tampa for the Republican National Convention. They will have considerable power to shape the Republican Party platform, and they will make plenty of noise. Liberty minded citizens have taken over many state and local Republican Party committees and leadership positions, establishment politicians like Richard Lugar are being picked off, and the Liberty message has become a regular part of political discourse in America.

Granted, this Revolution may not be exactly what they've been hoping for, but it is a Revolution nonetheless. Ron Paul and his supporters have changed the political landscape dramatically, and for many years to come. However, this is no time for them to rest on their laurels. In order to be fully successful, the Liberty movement must recognize current reality, regroup, and redouble its efforts; and as hard as it may be to stomach, an Obama victory in November may provide the best opportunity to realize that success.

This theory is based on the very likely scenario that our economy will either not improve, continue on its downward path, or take a dive that will make the last crash look like a pimple on a penguin. Given the unsustainable debt, the European financial crisis, and the fact that neither production nor savings are showing any significant signs of improvement, this is not just speculation.

According to Peter Schiff, “It's a 100 percent chance.” That's a pretty bold prediction, but Schiff has made some pretty bold predictions in the past, and has been spot on! He correctly predicted every major economic event in recent history, including the dot-com bubble, the housing bubble and crash, and the 2008 financial crash.1

Schiff is not alone in thinking that 2013 or 2014 will see the next big economic turndown. Investor Jim Rogers, who also warned us of the last crash, agrees. “If you are not worried about 2013, please get worried.” 2

Now here's the rub. Whoever is the next President will take the blame for the crash in the eyes of the media and the general public. More importantly, the perceived economic philosophy of that President will be blamed. Regardless of reality, either capitalism will be seen as the culprit; or socialism will be seen as the culprit.

There will be no perceived nuances about the cause of the crash. Crisis produces extremes. Self preservation in the face of crisis causes people to circle the wagons, joining with people and ideas with which they agree. This effect will only be amplified by people's natural tendency, even under normal circumstances, to seek information that they agree with.3 To make matters worse, the very structure of the Internet, especially social networking sites, keeps contrary ideas in the background.

The Internet is building a bubble of "yes men" around you. For instance, everyone's favorite social networking site, Facebook, is filtering your friends according to how much you agree with them. It's not some crazy conspiracy theory, it's a computer algorithm.4

So let me repeat (in bold). The perceived economic philosophy of the President who presides over the crash will be blamed for the crash.

If Romney presides over the next crash, capitalism will be the villain. The drumbeat will be loud and clear for MORE government, more regulation, more stimulus, more money printing, and more debt. It will be a major blow to the Liberty movement and to Freedom itself, and increased statism will be the inevitable result.

On the other hand, if Obama presides over the next crash, socialism will be blamed, and the reaction will be against statism. The message of reduced governmental spending, regulation, and debt will be legitimized and amplified; and those who have been beating the Liberty drum will be in a position to put their ideas into action with increased public support.

The already increased influence and infiltration of Ron Paul supporters into Federal, state, and local governments, as well as the GOP party apparatus, will provide a springboard for their vision of a peaceful, free, and prosperous society.

Other factors could play into the Paulista's hands as well. A war with Iran, revelations from a Fed audit, increased drone surveillance, attacks on Internet freedom, and the European financial crisis are just a few examples of wild cards that could showcase the benefits of a Paulean philosophy.

So should Ron Paul supporters vote for Obama? The answer to that question resides in the image to the left. Should Ron Paul supporters vote for Romney? The answer is a resounding “No!” The Liberty movement has nothing to gain, and everything to lose with a Romney Presidency.

I realize that the thought of a second Obama term will be a hard thing for Paul supporters to stomach, but I suggest that they write in Ron Paul or vote for Gary Johnson, hope for an Obama victory in November, keep a bucket nearby, and continue working to further the cause of Liberty.


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