Tag Archive for ron Paul

Quinn Gets It — Ron Paul Is Our Only Hope?

THOSE IN POWER FEAR RON PAUL AND HIS MESSAGE OF LIBERTY, FREEDOM, AND RESPONSIBILITY. THE QUOTES BELOW ARE THE TRUE REFLECTION OF THE MAN AND HIS IDEAS. IDEAS CAN CHANGE THE WORLD. DO YOUR PART TO FIGHT THE MISINFORMATION CAMPAIGN BEING WAGED BY THE CORPORATE MEDIA AND THEIR POLITICAL HACKS BY SENDING THIS LIST OF QUOTES TO EVERYONE IN YOUR EMAIL ADDRESS BOOK.

“Ideas are very important to the shaping of society. In fact, they are more
powerful than bombings or armies or guns. And this is because ideas are capable
of spreading without limit. They are behind all the choices we make. They can
transform the world in a way that governments and armies cannot. Fighting for
liberty with ideas makes more sense to me than fighting with guns or politics or
political power. With ideas, we can make real change that lasts.”
Ron Paul, Liberty Defined: The 50 Urgent Issues That Affect
Our Freedom

“Under the United States Constitution, the federal government has no
authority to hold states “accountable” for their education performance…In the
free society envisioned by the founders, schools are held accountable to
parents, not federal bureaucrats.”
Ron Paul

“I’m convinced that you never have to give up liberties to be safe. I think
you’re less safe when you give up your liberties.”
Ron Paul

“Freedom is not defined by safety. Freedom is defined by the ability of
citizens to live without government interference. Government cannot create a
world without risks, nor would we really wish to live in such a fictional place.
Only a totalitarian society would even claim absolute safety as a worthy ideal,
because it would require total state control over its citizens’ lives. Liberty
has meaning only if we still believe in it when terrible things happen and a
false government security blanket beckons.”
Ron Paul

“Truth is treason in the empire of lies.”
Ron Paul, The Revolution: A Manifesto

 

“Mr. Speaker, I once again find myself compelled to vote against the annual
budget resolution for a very simple reason: it makes government bigger.”
Ron Paul

“The most basic principle to being a free American is the notion that we as
individuals are responsible for our own lives and decisions. We do not have the
right to rob our neighbors to make up for our mistakes, neither does our
neighbor have any right to tell us how to live, so long as we aren’t infringing
on their rights. Freedom to make bad decisions is inherent in the freedom to
make good ones. If we are only free to make good decisions, we are not really
free.”
Ron Paul

“Liberty is lost through complacency and a subservient mindset. When we
accept or even welcome automobile checkpoints, random searches, mandatory
identification cards, and paramilitary police in our streets, we have lost a
vital part of our American heritage. America was born of protest, revolution,
and mistrust of government. Subservient societies neither maintain nor deserve
freedom for long.”
Ron Paul

“Failure of government programs prompts more determined effort, while the
loss of liberty is ignored or rationalized away…whether is it is the war on
poverty, drugs, terrorism…or the current Hitler of the day, an appeal to
patriotism is used to convince the people that a little sacrifice of liberty,
here or there, is a small price to pay…The results, though, are frightening and
will soon become even more so.”
Ron Paul

“When the federal government spends more each year than it collects in tax
revenues, it has three choices: It can raise taxes, print money, or borrow
money. While these actions may benefit politicians, all three options are bad
for average Americans.”
Ron Paul

“A system of capitalism presumes sound money, not fiat money manipulated by a
central bank. Capitalism cherishes voluntary contracts and interest rates that
are determined by savings, not credit creation by a central bank.”
Ron Paul

“Let it not be said that no one cared, that no one objected once it’s
realized that our liberties and wealth are in jeopardy.”
Ron Paul

“The original American patriots were those individuals brave enough to resist
with force the oppressive power of King George…Patriotism is more closely linked
to dissent than it is to conformity and a blind desire for safety and
security.”
Ron Paul

“As many frustrated Americans who have joined the Tea Party realize, we
cannot stand against big government at home while supporting it abroad. We
cannot talk about fiscal responsibility while spending trillions on occupying
and bullying the rest of the world. We cannot talk about the budget deficit and
spiraling domestic spending without looking at the costs of maintaining an
American empire of more than 700 military bases in more than 120 foreign
countries. We cannot pat ourselves on the back for cutting a few thousand
dollars from a nature preserve or an inner-city swimming pool at home while
turning a blind eye to a Pentagon budget that nearly equals those of the rest of
the world combined.”
Ron Paul

“It is no coincidence that the century of total war coincided with the
century of central banking.”
Ron Paul, End the Fed

“A citizen walking through the airport today is bombarded with
1984-style propaganda messages that are designed to make us fear some amorphous
threat and also be suspicious of others. The government designs these messages
to make us feel dependent and heavily lorded over in every aspect of our lives.
These messages are becoming ever more pervasive, hitting us even in grocery
stores when we are shopping.”
Ron Paul, Liberty Defined: The 50 Urgent Issues That
Affect Our Freedom

 

READ MORE JAMES QUINN AT WWW.THEBURNINGPLATFORM.COM

Thoughts on SOTU and POTUS

Sorry for the multiple acronyms in said title but I could not resist… From last night’s speech, many of the “old Obama” themes that won him the election in 2008 came back to roost… Unfortunately, because of my finance background I have to recognize that while some things are better with Obama most things are worse — like the national debt picture which has grown downright gruesome…

A few key lines driving people crazy was the increasing talk about “fairness” — life isn’t fair and no one wants to live in a communist or fascist America. Fairness is a topic that must be relegated to the markets, which currently are rigged (most everyone agrees on this at present).

The real issue with politics today is that no matter what we will be voting for a big government fascist type in 2012 because it will be between Romney and Obama or Gingrich and Obama and all of the above are pretty much exactly the same thing — if you wanted to rig a coin tossing competition just make a coin with both sides having heads and make sure to call out heads while the flip is mid air. The same is true with our potential POTUS candidates…

Conservatives by definition are supposed to be for the environment (HENCE THE TERM CONSERVE), for smaller government, for decreased militarism, for getting big business out of big government, for sound money, for low debt, and for free markets. Both sides of the election are for bigger government, less freedom, more debt, more wars, more fascism (when business influences politics), and for FIAT money…

Ron Paul is the ONLY conservative in the group from an objective point of view, while Obama offers the hope for a better environment. While I am not a fan of any of the candidates aside from Congressman Ron Paul, I would have to choose Obama (status quo) over the “Republican” candidates unless Paul is nominated because I fear that the Republicans are totally out of touch, corrupt, anti-environment, anti-free speech, anti-civil rights, and most of all anti-free markets.

Some of the other points of the SOTU that I liked were the President’s commitment to no new bailouts… This was a significant victory for the average citizen. He definitely sounded like the 2008 Obama that I actually supported, but like Shakespear said, he may be “full of sound and fury signifying nothing.”

12 Investment Ideas Ahead of Paul-Frank

      Here are some interesting investment ideas for investors who believe that Ron Paul and Barney Frank’s Marijuana Bill will pass the House. Personally, I think there are far too many vested interests and lobbyists in Washington for something as obviously pro-American, Democratic, and Libertarian as this bill is to actually pass; but in a desperate attempt to make the nation’s politicians appear human the bill will likely head towards a Hail Mary vote anyways as a Mea Culpa of sorts which everyone can agree on voting against before it ever gains serious attention. While I commend both Ron Paul and Barney Frank for taking a bipartisan and unbelievably patriotic lead on this tremendously important issue, I have to put my investor and odds-making hat on to begin viewing the investment landscape a bit differently now that pot may be made legalized. While the analysts say this will never pass, one day a truly Democratic society as great as ours’ must embrace all cultures and ways of life — is it fair to make a religious, medicinal, spiritual, and healthy endeavor a crime simply because some people don’t understand this substance? 

       What someone else does with their free time is not my concern, and clearly Marijuana has not stopped people like Steve Jobs, Peter Lewis of Progressive, George Soros, Andrew Lahdke, and many other great investors and entrepreneurs from making their marks in American business history. Why should a behavior as harmless as smoking an herb turn someone into a social or economic outcast? At least being Gay, African American, a Single Mom, Hispanic, Asian, or Mentally Handicapped does not stop Americans from finding meaningful employment or carry severe jail time. The Draconian treatment of the use of something much less harmful than alcohol which has proven medicinal qualities seems to me to be highly Un-American, inhumane, close-minded, thick-skulled, and downright mid-evil in its hypocrisy and stupidity. To see the so-called conservatives laughing this out of the Legislature is incredible considering that conservatives are supposed to stand for small government, states rights, free markets, and fiscal restraint. Marijuana prohibition is one of the most economically wasteful and morally corrupt policies in the United States because this “war” simply hands criminal drug organizations illicit profits instead of making the industry similar to that of Tobacco or Alcohol which can be highly regulated and taxed. What is clear to me is that so called conservatives in the legislature are simply either on the payroll of Mexican cartels or are incredibly unintelligent.

As the Christian Science Monitor recently reported,

“No longer can reform advocates be laughed off as a bunch of Cheech and Chongs,” says Tom Angell, media relations director for Law Enforcement Against Prohibition an international organization of criminal justice professionals who claim first-hand awareness of the waste and harms of current drug policies.

“Hopefully having this national debate will help more people to understand that marijuana prohibition harms public safety by giving drug cartels and gangs a huge source of tax-free profits, just like alcohol prohibition did for Al Capone and his colleagues during the 1920s and 30s,” says Mr. Angell.

http://www.csmonitor.com/USA/Politics/2011/0624/Dramatic-change-to-marijuana-laws-What-bill-before-Congress-would-do

VOXX — Trading at just 7.4X earnings, 4.9X EV/EBITDA and for only 43% of book value, we think Audiovoxx is a good investment whether or not the Paul-Frank Bill (not to be confused with Dodd Frank) passes or not. Audiovoxx makes basically all of the components involved in the “Pimp My Ride” shows for automobiles as well as car security, satellite radio, universal remote, and diversified electronics industries. The company has been, well, mildly profitable at best over the past few years but we think an increase in stoners or just a gradual acceptance of their culture would be a bog boost to the company’s top line, which may or may not eventually translate into bottom line growth. We like the stock regardless of the passage of Paul-Frank. 

IMAX — Imax is a name that I have been bearish on in the past, but with the passage of the Paul-Frank Mary Jane reform bill we think this stock could trade, well, much “higher.” IMAX is by no means a cheap stock, but the company has plenty of momentum behind it and we like the theatre and movie industry in general given that we think a recession (or extension of the current depression) is in the cards. With that said, we cannot figure out why studios are handing their content out for free via Netflix, Hulu, and Redbox when there are still thousands of retail locations trying to sell product via Blu Ray and DVD — the format is not the problem, just the pricing (DVD is still a digital diskette, after all, needing only one set top box and we wonder what the studio chiefs and media are smoking — hint it’s probably not the reefer). Stoners are no stranger to job losses and unemployment yet they always find a way to catch the latest flick. If Paul-Frank passes, we think IMAX shorts should be covered immediately. If Dodd-Frank passes, well, we will try to figure out if anyone has actually read the entire bill in question and we also think that it will hurt gold and silver prices while helping small cap value investors to get rid of entitled, bloated managements who earn overinflated salaries and pay packages more often than not. All in all, I am a fan of Barney Frank (and will vote for Ron Paul), but I don’t like bailouts as a rule — whatever happened to “if you break it you buy it.” Right now, if a bank makes a losing trade, we all pay for it.

PEP — Nothing says “munchies” like a can of Pepsi and a bag of Dorito Chips. As much as Wall Streeters claim to be straight laced front row of the class nerds, most of them spent many of their years in high school sucking down Mountain Dews and pulling down hits from the old waterpipe. Then again, if you were in upper management at Lehman you may have had to hit the bong for upward mobility as part of your job description, though we cannot discriminate against those who openly laud the chronic in the fund management industry. Just look at Andrew Lahdke — he certainly hit the nail on the head regarding Wall Street’s prejudicial view of potheads. Pepsi shares are likely fairly valued here, but their brand identity is a siren call to pot heads around the world and legalization will surely only help sales of their products as stoners will have extra money to buy Pepsi products and the gangsters and cartels will be out of power across the globe.

DPZ — Domino’s is a company that I have not followed for some time, though their pizza has improved markedly over the years. I like their core value proposition and think that their model is somewhat recession proof. Again, if weed is legalized I think DPZ will get a boost to earnings as stoners will be paying much less for their addictive activities (the price of pot will plummet) and will be able to go out and buy products from real companies. What skeptics need to grasp is that this is a huge boost to the economy — pot heads won’t have to spend their entire paychecks with the Mexican Mafia if this passes. (not that there is anything wrong with the Mexican Mafia — I have a family that I love, after all, and am certainly not a snitch) DPZ seems reasonable at current prices with a 16.88 PE and a forward PE of only 14.45X. The company has also reduced its debt in recent years and sports an EV/EBITDA of only 10.8X, which is pretty good considering it has been a private equity shop play-thing over the years like a Wendy’s or Burger King.
 
PSUN — Pacific Sunwear has been hit hard in recent months with the stock down some 65% or so from recent highs. The company has been plagued with losses as the “tweenyboppers” have been growing up and are now dressing in Abercrombie and other hideous, more preppy attire. If Paul-Frank passed, I would think PSUN could be a solid turnaround candidate with their surfer oriented lifestyle brand and low price to book value ratio. In fact, I am interested in this stock with or without Ron-Frank because PSUN is trading for a small discount to tangible book value which may give it some pop appeal similar to the run that WTSLA displayed back in 2004 and 2005 — back when Lady Gaga was still in high school and Paris Hilton was still considered to be a lady of virtue. (I know it seems like a million years ago to me too….)

APOL — “Learn how far your mind can take you, at Apollo College”: well, apparently, not far enough. Now that Federal regulators and former students have cracked down on this company and others in the online college space for not delivering on their promise of a better future, we think the stocks could actually rebound a bit if the suits and rules reform dies down. Sure, the idea of going to college in your pajamas is appealing, but as far as getting a job out of the deal, well, that’s another story altogether. If Marijuana is legalized, however, we expect enrollment to grow here as students will inevitably be able to take classes on growing weed online from this purveyor of “higher” education.

KKD — Although Krispy Kreme stock is about as rich as its doughnuts right now, we think the legalization and taxation of the “chronic” would provide a strong revenue and bottom line boost for this company. At 50 times earnings, KKD is certainly not a cheap stock. That said, we would not go short the name until Ron-Frank is officially laughed out of the House of Representatives. Personally, I find it funny that a bunch of States-Rights, supposedly pro-liberty Tea Party members are going to vote down legalizing Marijuana which has saved many a cancer patient from intense pain and is something most of them have smoked in the past. That said, politicians are total hypocrites in general by and large and these spineless so-called libertarian Tea Party Republicans (a group I admire for standing up against Nanny State politics) will likely vote down Paul-Frank even though they will vote for shrimp on treadmills, Dodd-Frank, making gold and silver OTC trading illegal, and sentencing the Liberty Dollar guy to 15 years in prison for making collectors coins.

JACK — One thing I can remember clearly from high school is that stoners love “Jack in the Crack.” It’s as if Jack in the Box was invented for them and by them, and I think any lean toward full on legalization could be a huge boost for these shares in the future. JACK seems reasonably priced at current levels with a 12X forward earnings multiple and an EV/EBITDA of just 8.83X. If Sardir Biglari starts buying the name and shaking the tree, we would become especially bullish given his long term track record of making money for his shareholders. We liked what he did with Steak and Shake (the previous insular management didn’t care for their shareholders one bit) and will be looking to make the same type of moves in the future with our funds group. Jack is very cheap on a price to operating cash flow basis, and if stoners don’t have to fund massive wars and murders in Northern Mexico we feel they will have more money left in their pockets to spend at plaes like Jack in the Box. One thing is certain, we live in a full blown Nanny State so the bill will almost certainly not pass the House. Jack looks to be a good long term investment either way to us, but we would be more bullish on the U.S. stock market in general if weed was made legal.

HOG — Harley Davidson is not a cheap stock or a particularly profitable business right now, but the company does see some incremental benefits from higher gas prices and would stand to gain market share if pot were legalized and more discretionary income was left in the hands of pot smoking Americans. In addition to greater discretionary income, jails and prisons would be freed up of low level stoners and these pot heads would likely hit the road on their new Harleys at some point in the future — a “win win” for the bankrupt states and for the banana republic Feds who have to print more money to fund their profligate spending.

PFE — Visine would take a hit if marijuana was legalized as there would really be no reason to hide those blood shot eyes from authority figures. Additionally, the prescription drug market in general would likely lose a good deal of revenue as Marijuana has several medicinal qualities that could likely compete with the legal drugs handed out by doctors and psychiatrists on a daily basis. Okay, just one more reason that America, home of the free land of the brave, will never let pot be legal during my lifetime — the real drug kinpins in this country get FDA approval before selling their dope. Pfizer seems reasonable at current levels from a free cash flow perspective and even if pot legalization passes, I think the stock could reward investors over time. That said, pot could seriously compete with major pharmaceutical companies so watch these developments closely.
 
CXW — One stock to sell if pot is made legal is Corrections Corporation of America. There is no other offense which lines the pockets of private prison companies more than weed possession – marijuana crimes make up something like 40% of all inmates in prisons across the country. Therefore, if pot were made legal (which it won’t be) look to go short on CXW and GEO.

So there you have it, my trading ideas for the passage of Paul-Frank, which should happen but obviously won’t happen — we are no longer a Democracy as much as a Plutocracy and too much money is made keeping it illegal for change to actually occur in the United States. So, until then, try not to trade under the influence.

So Funny Ron Paul Poll Manipulation Data…

Ron Paul was shown to have the majority of votes of the American public but how funny is it that the television channels won’t show the 79% Ron Paul win on television — the mainstream media says that Mitt Romney was ahead of Ron Paul! What a joke… The real poll numbers show Paul is up like 2-1 on the next best candidate… So funny…

Anyways, Paul is a great leader but I don’t trust any of the politicos anymore… I do trust him more than any other of these clowns… Also in the news is that the TSA is going to grope teenagers at the Santa Fe high school prom! Super awesome that my home town is now police state central — pretty glad I moved!

As for the markets, beware but realize that the S&P 500 is nearing the 200 day and they might try to squeeze shorts soon. That said, I doubt they can do very much to turn this crash around… I think we hit $1100 first. Sad times to be an American, but that’s what happens when the Federal government steals everyone’s money!

Beware everyone, this looks pretty Orwell-esque to me!