The Ron Paul Aftermath

Among Republicans, the Ron Paul campaign inspired the most remarkable grassroots campaign activity in 2008.  In the past, such campaigns have had a significant impact on the political landscape, signaling the emergence of a new movement, a maturing constituency, a campaigning innovation or a future political star.  

In the case of Ron Paul, though, I'm not sure any of this will obtain.  There are a few reasons for this.

 

  • No Coherent Coalition:  The Ron Paul campaign attracted a grab-bag of different agendas, from hardcore libertarians to alienated Republicans to Buchananite nationalists/cultural conservatives to anti-war liberals.   This is not a coalition that stays together. 

 

  • The Protest Vote: that coalition was not brought together by a candidate with whom they agreed broadly.  It was brought together because, wherever he stood on other issues, Ron Paul pushed 1 or 2 passion buttons for each group.  Ron Paul was a protest vote.  However, protest voters tend to be bee-sting voters: they vote once, but then fall away.

 

  • Independent Innovation: The tremendous fundraising and mobilizing success Paul's campaign experienced largely occurred independently.  The campaign was actually taken by surprise to a great extent.  To their credit, they embraced it.  However, while the idea of distributed activism is a valuable concept for other campaign's to understand and use, the actual grassroots energy is not something that a campaign apparatus can reproduce.  That is a perfect storm product, requiring a unique candidate and good timing.

 

  • Candidate Flaws: Ron Paul was always a far worse candidate than his supporters wanted him to be.  In theory, he was a Republican who actively supported constitutionally limited government.  In practice, he was also partly a crank (North American Union, Gold Standard) who talked about smaller government, but had no real "here to there" plan for accomplishing it, and at least tacitly tolerated racism being put out under his name. 

But hey, he raised a lot of money and got a lot of support, right?  Well, sure.  And perhaps that's all he was really after in the first place. I had heard very early on that Ron Paul wasn't running for President to win, but to build his email list and bank account. Better to do that by running for President than letting Lew Rockwell ghostwrite racist tracts, I suppose.   But, as Jim Henley writes, Ron Paul didn't just fail to win, he failed to have an important impact.

Paul failed to win any states, to move the GOP debate in his direction, to accrue significant delegates or to leverage his fund-raising into a third-party run. And word is he’s staying quiet about endorsing an independent because he doesn’t want the Congressional GOP leadership to strip him of committee assignments come the fall. Paul accomplished the one thing he’s always been good at: using political appeals to get people to send money. I don’t feel freer.

The one potential exception to this is the largely under-the-radar effort by many Ron Paul supporters to join and take over local GOP organizations.  Whether the Right-of-center elements of the Paul coalition will be successful remains to be seen - bee sting voters might also be bee sting activists - but it looks now like this is the only area where the Paul campaign might possibly have a lasting impact on the Right. 

 

3.5
Your rating: None Average: 3.5 (4 votes)

Comments

One issue I have taken from Ron Paul

I agree. Although I can easily see why Ron Paul advocates going back to the gold standard -- he is right in his reasoning -- allowing the President the power to print money, is simply allowing the government to tax us without our consent. Who in their right minds would give a blank check to a bunch of politicians?

We have either got to go back on the gold standard or establish far more checks and balances in this area or our liberty will not be secure.

Any suggestions?

ex animo

davidfarrar

Excellent Analysis, Jon

I'm a little biased, however I think the major fly in this ointment was/is Paul's opposition to the Iraq war, which stemmed/stems from Paul's isolationist tendancies. While almost everyone - me included - wants it to be over, we don't want to "just leave." We want it won, finished with victory. Making that his centerpiece was a blunder. Any of Paul's good points were washed away with that consuming focus.

Currency

The debate over a gold standard will go no where until we endure another serious economic crisis (i.e. Great Depression). Few see the connection between inflation and fiat currency.

With the rise of the internet I would have thought we'd be moving to more curreny competition either between different countries or private firms. That hasn't happen yet, but it could be in the future.

For what it's worth the President doesn't print money. That's left to the Federal Reserve. For all its faults I don't think a serious argument can be made that the Fed is a lacky of the President.

I discussed this with a financial expert

To go back to a gold standard, or any combination of precious metals, there is already in circulation, more money than could be backed.  In other words, any attempt to put the genie back into the bottle now, would devalue each and every dollar in your wallet today by about 75%.

Are you sure?

Somebody must authorize the Federal Reserve when and how much money to print. Every time they print more money than the supply and demand, we get taxed?

As the poster has kindly pointed out below, the dollar bill in my pocket is really only worth 25 cents now.

In any case, I see this situation as a disservice to our country We need to address this ability of the government to tax us without the consent of the governed. It means sovereignty does not lie with the people, but with the government. It means we are not a democracy, nor a constitutional republic, but a totalitarian state.

ex animo

davidfarrar

Fed ... ECB

The FOMC's decisions on interest rates is the primary government control over the money supply.  The POTUS has no control over this process other than nominating members of the Fed Board. 

The Fed has a dual mandate from Congress to control inflation and maintain a growing economy.  The European Central Bank has a singular mandate, to control inflation.  Changing the mandate of the Federal Reserve to match the ECB's would minimize rate of change between the USDollar and the Euro, which is our main competitive reserve currency.  That would go a long way toward stabilizing the dollar without upending our whole monetary system.

Someone is printing money..

..at an irresponsible rate, a rate that is devaluing the dollar and taking money out of my pocket without my consent. Am I the only one here who can see that we have given the governing class a blank check and they are using it instead of directly coming to the people with a request to raise taxes to support their run-away spending?

Good God, Almighty, no wonder gas prices are shooting through th roof.

ex animo

davidfarrar

do I smell something burning?

david, what I don't get is how so many voters are falling for the tax "cuts" that aren't really tax cuts. You can't cut taxes without a concomitant cut in spending. If you have the former without the latter, all you're doing is deferring taxes...not cutting them. So the government has allowed us to defer the tax burden to our children, as my parents' tax burden has been passed down to me. yippee!

Perhaps it's just me, but the words hell and handbasket come to mind.

 

You are absolutely correct, Lisa

The only solution I  see is first, get some sort of control over the government's ability to print money  AND cut taxes.

Are you with us, McCain?

ex animo

davidfarrar

Forget McCain. Can you run?

Forget McCain.

Can you run?

Inflation = Bad, but..

Yes, yes, a thousand times yes - Inflation is a bad thing.  But gold bugs lose credibility when every darned thing under the sun is blamed on fiat currency.  In the Presidential Debates, when Ron Paul was asked about health care inflation he talked about the gold standard!  The problem being that health care costs are increasing at a much faster rate than can ever be accounted for by inflation from monetary policy. 

Oil prices are only partly a monetary problem. Oil faces real supply and demand dynamics, and so it has increased in value relative to non-dollar currencies, and also with respect to gold

When all prices go up, that is inflation.  When the prices of a few things go up much more than the prices of everything else, that is a market reaction to scarcity and value, not a monetary phenomenon.

I agree.

The gold standard isn't the answer to all of our present inflationary problems.  The way I see it, printing to much money is. This is really the issue I think Ron Paul was trying to address. Let's face it, somebody is really screwing up here and we, the people, as the true sovereigns of this country, can't seem to hold anybody accountable.

Let me take your other issues. Oil. Oil, I believe is really a result of oil being sold in dollars and are basically responding to the over-printing of money by the Feds. Any short term lowering will be accomplished for political reasons. I am sure the price will go down around election time, just as it did during the last election.

I am beginning to suspect that oil prices are solely a monetary problem due to the fact that as prices have risen, supply has not. To me, in my totally unlearned state, that tells me we are dealing with a monetary issue, not a supply issue.

Health care is strictly the result of giving the private-health care industry a monopoly in providing health care. I take for my example, the steep rise in health care prices soon after the government's Public Health Service was abandoned in the late 70's. At the time we all complained about the Public Health Service, but I am beginning to think now, even as a fiscal conservative, the only real way to curve health care costs is to break the private-health care monopoly. All I see from our present political leaders is different ways to raise yet still more money to feed the monopoly, and as we all know, providing more money to feed the beast, simply makes the beast bigger.

ex animo

davidfarrar

Let's party like its 1913

The horse of "hard currency" left the barn almost a century ago. The other major nations all use central banks issuing currency the same way the Fed does. Let's focus on stuff that is here, now and tangible to ---jeex--don't get upset--working families.

You forgot one thing

In your excellent analysis you neglected to mention the fact that Ron Paul is a Jittery Meerkat.

Looking Ahead

I think that the Ron Paul Revolution is vital in looking ahead to the future of the Republican Party.  I strongly believe that a committment to limited government needs to remain the standard of the GOP and that requires true conservatives to find allies in the fight against the right-wing liberal Mike Huckabee.  The Ron Paul Revolution may not be able to change the party on their own, but I believe that if they settle down with a more reasonable candidate that can receive the backing of the Club for Growth the party will be in a good position to revitalize itself in the future.  I particularly would look forward to 2010, where I think the Republican Party can be well positioned to take the Governor's Mansion in New York, Massachusetts, Illinois, and Michigan to show conservatism in government like we did in the 1990s.

"Ron Paul Republicans"

You neglected to address the numerous "Ron Paul Republicans" running for various federal, state, and local offices.
http://paulcongress.com/

Here in Massachusetts where the Republican Party can barely get any candidates on the ballot, we have a "Ron Paul Republican" challenging Ed Markey in MA-7.  http://www.johncunninghamforcongress.com/

 The debate over a gold

 The debate over a gold standard will go no where until we endure another serious economic crisis (i.e. Great Depression). Few see the connection between inflation and fiat currency.

That would be ironic.  The Great Depression was worsened by inflexible currency issues.  In fact, countries who abandoned the gold standard were able to recover much more quickly. 

Certainly, a gold standard could prevent inflation (well, in theory, anyway; in practice, it would be ditched quickly), but a gold standard would produce deflation.  In our current economy, that kind of currency inflexibility would be catastrophic. 

I don't know.

The Ron Paul campaign attracted a grab-bag of different agendas, from hardcore libertarians to alienated Republicans to Buchananite nationalists/cultural conservatives to anti-war liberals

 

It's varied, but not any more varied than the makeup of the GOP or Democratic Party. How much do the Teamsters and the academic left have in common?