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Hi. I'm Rick. I write, advise, and invest.

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A nice, cathartic, Andy Rooney-esque rant

Those college kids who go on about Ron Paul and try and sound knowing about the Federal Reserve without having the slightest idea what it is, or why it came into existence. And how they don’t realize that the whole point was to take politics out of our money supply, and how good ‘ole Ron is basically totally trying to undo exactly that in a complete and utter way, being exactly the meddling politician big government freak that he claims to not want to be and the fed was exactly designed to thwart. And how they have no idea what the inflation rate actually is, or any clue whatsoever how a $14 Trillion economy with a government debt of  $12 Trillion, projected to rise to $15 Trillion is supposed to go onto the gold standard when all the gold on the planet that mankind has ever mined totals to about $15 Trillion BUT DON’T LET THE DETAILS STOP YOU. Because presumably somehow the government could get its hands on all of it, for free, to guarantee its debts. Or maybe we’re supposed to magically pay it all down to zero and THEN go onto the gold standard? Okay, deal. Let’s pay it down and then we can have that debate.  

I wish I lived in Iowa and one of them could come to my door, tattoos covered for their uber-square conservative freakshow hero, and we could actually have that debate. 

Oh and then we have this

By virtually all accounts, the 2012 presidential race was to hinge on a restless electorate’s overriding worry, the troubled American economy.

But in three dozen interviews across Iowa and New Hampshire over the past few days, voters readily acknowledged that their decisions would be driven as much by personal chemistry and biography as by political positions and policy.

They were hard-pressed to recall details of the candidates’ plans to reduce taxes, create jobs and shrink the government.

Stay home, don’t vote. 

We really do get the government we deserve, not the one we need, don’t we? I feel so bad for Obama. I think I’d pretty much hate Americans by now if I were him. He has the patience of a saint. 

  1. emmawelles reblogged this from rickwebb and added:
    UGH now you’ve gone and ruined my day. Depressing.
  2. rickwebb posted this