Rand Paul spoke at RNC on theme "you did build that!"

[GALTGULCH8]

www.randpacusa.com/video11.aspx

Considered by many Ron Paul supporters to be a sell out to the principles of freedom because he was willing to endorse Mitt Romney for president.

Remains to be seen what he is able to accomplish as a Senator and possibly to run for president in 2016.

[syrakusos]

Listening to it now... At 3:45 mins in, he says that the engine of capitalism is the individual and that the individual is mightier than any collective. That did not get the applause, cheers, and whistles garnered by his direct attacks on the President. The mild response underscores a deeper problem within the Republican Party, which, after all, is a collective.

Still going at 11:00 minutes in, Paul attacks the President, as above on health care, now about the debt. But it was Congress, not the President, that created the budget. The Republicans in Congress (both House and Senate), even when not a majority, were never a splinter group. The current round of spending began with President Bush's policies, granted, again, that the President does not make the budget, which were capped by the Wall Street Bailouts, all of that in the lap of Congress. This convention, though, it about the presidency, not the house and senate, so the Republican who were responsible for everything Rand Paul attributed to President Obama could applaud (occasionally, and not very long)

Well... all in all... it seemed like a tepid response to a fair-to-middlin' speech.

2016 is quite a ways off... I would expect Paul Ryan and Rand Paul, for instance. Nice symmetries in that.

[GALTGULCH8]

By now anyone who watches any television at all has seen Bill Clinton in the ad in which he verbalizes his support for the president. What troubles me is that it has never become public that it was Bill Clinton who, as president in 1994, put teeth in the effort by the congress to get bankers to loan money to people who couldn't get mortgage loans because they didn't have the money for a down payment nor the income to afford monthly payments.

Clinton knew that the Community Reinvestment Act of 1977 could only threaten to give unsatisfactory grades to banks which didn't loan money to those who were denied mortgages by bankers. What Clinton did was order the heads of ten departments including the Federal Reserve, to threaten to bring discrimination in lending lawsuits against defiant bankers. The Fed made sure there was plenty of paper currency available to the bankers to have to loan out.

So it is evident that Clinton played a crucial role in what became the devastating sub prime mortgage crisis, yet he has gotten away with it whereas he should be held responsible for the intervention which was so costly to so many across the country.

Government intervention in the marketplace should also be shown for the evil that it is.

Ron Paul was asked what his advise would be to those of his supporters who are disappointed with the way their effort to at least get him nominated from the floor of the convention with the resultant fifteen minutes of time to speak to the delegates and to the country. He simply advised that they continue to "study." In that regard he did recommend Ayn Rand's Atlas Shrugged in his The Revolution: A Manifesto.

I believe his supporters realize after the way the RNC treated them so badly that their only recourse is to enlighten the people so that their movement will grow enough for them to be successful in future elections.