No matter how much these presidential candidates try to act as if they are among the masses, like the rest of us, we need to remember that they are all millionaire fat cats. If for no other reason than this, people need to recognize that they cannot be trusted to protect the interests of the masses. How can you protect the interests of people with whom you cannot identify?
In this respect, Ron Paul is no different than any other presidential candidate, regardless of his progressive lip service. He, just like the rest of them, directly benefits from the corrupt system he criticizes. Consequently, until Paul decides to cast his riches aside and give all his money and assets to the poor, he should be treated with the same skepticism as any other candidate.
Ron Paul may be the lesser of a few “evils,” but let us not forget that his solutions are far from ideal for the average citizen.
Paul complied with federal law by filing his personal public financial disclosure statement with the Federal Election Commission by the deadline the other day. The Times’ conscientious Dan Morain pored over it.
An Air Force veteran and ob-gyn who often champions the cause of the little guy, Paul disclosed 41 separate financial holdings that have a combined value of between $2.29 million and $5.3 million. The disclosure statements require officeholders and candidates to disclose a range of values for their holdings.
But don’t cry for Paul in St. Paul. He’s got personal investments that are bearish and conservative. He has money in gold mining companies such as Barrick Gold, Vista Gold, Kinross Gold, and Apollo Gold Corps. And he’s still got somewhere around $5 million of the $34.5 million his followers donated to his campaign in the last year or so.
Sources:
Ron Paul, the little guy’s champion, turns out to be a millionaire
Ron Paul’s Long-Term Holdings Outperform The Market And Most Pros
