John Loeffler calls Ron Paul isolationist.Submitted by tomaO2 on Thu, 06/30/2011 - 02:41
John Loeffler, the partner of Jim Puplava, called Ron Paul isolationist on the podcast last weekend. I learned about Ron Paul by listening to this program, so I was dismayed to hear that Jim didn't think Ron was electable enough to vote for this time around, although he didn't make any commitments ( I guess he felt he threw his vote away last election?). However, then John started talking about how, while Ron was good on the economy, he was bad on the oversees.
Happens around the 1hour and 28 minute mark of the 6-25-2011 broadcast. I'll transcribe it as best I can.
John: "His geopolitics tends to be much more isolationist and whereas I think his monetary policy is good, as far as international geopolitics, when you get a huge amount of your energy from offshore you don't have the luxury of being isolationist. So, I'm not sure whether that's realistic or not, you know, and that's probably a subject for another day."
Bleh. I'd agree with that last bit anyway. I am really dissapointed in John. He should know better. They talk all the time about a coming crisis. He should know that what's NOT realistic is to maintain the empire and the endless wars.
Oh right, it's called the Financial Sense Newshour.