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#41
09-04-2007, 01:46 AM
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Re: Ron Paul on Subprime
[ QUOTE ]
man u r lazy. http://sfgate.com/cgi-bin/article.cg...8/MN251738.DTL [ QUOTE ] WHAT HAPPENED TO $1 TRILLION? Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S. [/ QUOTE ] did you get that? oh wait, maybe you want the don himself on video? http://www.youtube.com/watch?v=xU4GdHLUHwU [/ QUOTE ] All of the articles misrepresent what he said. He never "admits that there is $2.3 million missing", as the headlines would like you to believe. He says there are some estimates that transactions cant be accounted for in that amount, without comment on whether thats even possible, much less accurate. 
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#42
09-05-2007, 06:16 AM
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Re: Ron Paul on Subprime
From my understanding about earmarks, is that Ron Paul's constituents write to his office that they want federal funding for certain projects. He just forwards them on to the appropriations committee, since he feels he can't ignore his constituents.
He doesn't pick and choose which ones to submit, and he says this is the fairest way, to just send everything through, and publicly disclose everything (unlike most in Congress). But he obviously doesn't fight to get these projects passed, and in the end, he votes against them in the final bill.
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#43
09-05-2007, 12:50 PM
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Re: Ron Paul on Subprime
[ QUOTE ]
"unelected bureaucrats . . . have no self interested motivations at all, right?" One would expect they'd be less "self interested" than elected politicians who have to justify themselves before their constituency in order to be reelected. I note that in Senator Craig's resignation speech he used the word "Idahoans" quite a few times. He got reelected as many times as he did not because he had less self interested motivations than unelected faceless bureaucrats, but rather because he had more. [/ QUOTE ] If the politicians have to be reelected then perhaps there will be a community of interest with there electorate.
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