The Superman Behind ‘Endorse Liberty’ Super PAC

Elections, libertarianism, Media, Ron Paul

“The four Republican candidates raised $21 million combined. The super PACs supporting them raised $22 million.” [Via PBS]

Ron Paul has “raised over $2 million. His super PAC raised over $2 million.”… the guy who is backing him is interesting. His name is Thiel. “He was an early investor in Facebook. He was actually portrayed in the movie ‘Social Network’ as the angel investor in that movie.”

Thiel’s a 44-year-old guy, worth lots of money. And he’s given something close to three-quarters of all of the money that has gone in to Endorse Liberty. And he is a very devout libertarian, very much a hands-off, government-hands-off-business kind of a guy.

No wonder mainstream media mumble about the identity of Ron Paul’s mysterious, magnificent backer. Peter Thiel is the quintessential Randian hero. READ more about him here.

Thiel has, naturally, arrived at one of the central themes of “Into the Cannibal’s Pot.” To quote Theil: “I no longer believe that freedom and democracy are compatible. … While I don’t think any class of people should be disenfranchised, I have little hope that voting will make things better.”

It’s a shame he walked back the anti-franchise statement.

Romney & Santorum’s Synophobia

China, Debt, Elections, Propaganda, Republicans, Russia, Trade

“China was America’s second-largest trading partner behind only Canada,” reports The New Republic. “It accounted for 13.6 percent of all trade. In other words, billions upon billions of dollars are at stake,” if Romney acts on his bellicosity, as he promised to.

The Republican presidential hopeful sounds more like a card-carrying union member than a former CEO when he outlines his White House agenda for China, urging tariffs and downplaying the threat of a trade war. He extended his tough talk recently to the pages of The Wall Street Journal in a piece epitomizing the protectionist rhetoric he’s deployed for much of his presidential campaign.
“Unless China changes its ways, on day one of my presidency I will designate it a currency manipulator and take appropriate counteraction,” Romney wrote. “A trade war with China is the last thing I want, but I cannot tolerate our current trade surrender.”

Here’s another pesky details TNR omits conveniently: China is also our largest creditor.

Just to keep purchasing greenbacks, China is inflating its own money supply. Moreover, inflation in China and the attendant price hikes — brought about because of the debased dollar — could threaten the stability of a country that has “moved more people out of poverty in the shortest amount of time in the history of the planet.”

We owe them!

Sen. Rick Santorum is even crazier when it comes to our Chinese enablers:

“You know, Mitt,” said Santorum during The Washington Post/Bloomberg Republican presidential debate, “I don’t want to go to a trade war. I want to beat China. I want to go to war with China and make America the most attractive place in the world to do business.”

Newt is almost as nutty on this front as his two rivals, adding Russia to America’s enemy equation, and threatening cyberwar against Moscow and Beijing. Maybe cyber-warfare is Gingrich’s idea of a preemptive strike.

Military Men Respect a Man of Peace

Foreign Policy, Liberty, Military, Ron Paul

I would not have known this had I not tuned to RT for my news: “Veterans for Ron Paul 2012 “marched from the Washington Monument to the White House in an effort to show their support for the presidential candidate, a veteran congressman from Texas. The Presidents’ Day march is meant to send the message that Ron Paul is the choice of the nation’s armed forces, said group founders Nathan Cox and Adam Kokesh on the Facebook event page.”

Bless these men and women (you’ll tear-up; I did).

My, My America Has Lots of Unemployed Engineers

Economy, Education, IMMIGRATION, Labor, Outsourcing, Technology, The State

Government has skewed the job market royally. In anticipation of the windfall from Obamacare, an enormous, probably artificial, expansion of the health-care sector is underway. This could explain the fact that biomedical engineers are so sought after; the specialty is among the best career choices for 2012. Computer software engineers are also in demand.

High unemployed and contracting wages in a well-educated population should make it much more viable to do in America engineering work that was previously done offshore.

Alas, there is another state-orchestrated central plan that impedes the employment of “25,000 unemployed U.S.-born individuals with engineering degrees who have a Master’s or PhD and another 68,000 with advanced degrees not in the labor force. There were also 489,000 U.S.-born individuals with graduate degrees who were working, but not as engineers.” (The Center for Immigration Studies)

• “In 2010, there were 25,000 unemployed U.S.-born individuals with engineering degrees who have a Master’s or PhD and another 68,000 with advanced degrees not in the labor force. There were also 489,000 U.S.-born individuals with graduate degrees who were working, but not as engineers.

• There are 101,000 U.S.-born individuals with an engineering degree who are unemployed.

• There are an additional 244,000 U.S.-born individuals under age 65 who have a degree in engineering but who are not in the labor market. This means they are not working nor are they looking for work, and are therefore not counted as unemployed.

• In addition to those unemployed and out of the labor force, there are an additional 1.47 million U.S.-born individuals who report they have an engineering degree and have a job, but do not work as engineers.

• Relatively low pay and perhaps a strong bias on the part of some employers to hire foreign workers seems to have pushed many American engineers out their profession.

• There are many different types of engineering degrees. But unemployment, non-work, or working outside of your field is common for Americans with many different types of engineering degrees. (Detailed employment figures for specific types of engineers are provided” at The Center for Immigration Studies.)