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highplainsdem

(48,968 posts)
Thu Jan 19, 2012, 11:15 PM Jan 2012

Why won't Ron Paul release his tax returns?

This is the answer he gave (transcript from New York magazing):

http://nymag.com/daily/intel/2012/01/all-the-candidates-tax-returns.html

"I don’t have any intention of releasing it – but for a different reason. I’d probably be embarrassed to put my financial statements next to (the other candidates') income and I don’t want to be embarrassed because I don’t have a greater income.”


I don't believe him, and I'm more curious about his tax returns now.
11 replies = new reply since forum marked as read
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Why won't Ron Paul release his tax returns? (Original Post) highplainsdem Jan 2012 OP
Very suspicious given that his lower income could be easily be spun as a positive. snagglepuss Jan 2012 #1
For the reason we all know. :) nt Sarah Ibarruri Jan 2012 #2
why he's just a down home average joe like you or me. mucifer Jan 2012 #3
Charitable donations to the KKK? ecstatic Jan 2012 #4
I bet his supporters all buy it. athenasatanjesus Jan 2012 #5
Probably because he knows he isn't gonna win anyway. LOL. phleshdef Jan 2012 #6
Some of his stuff is already on freshstart Jan 2012 #7
Here is a link freshstart Jan 2012 #9
Thanks! Here are some other links, and some perspective on why he has those investments: highplainsdem Jan 2012 #10
Interesting stuff freshstart Jan 2012 #11
I think he knows he isn't going to be president why bother showing his returns. southernyankeebelle Jan 2012 #8

snagglepuss

(12,704 posts)
1. Very suspicious given that his lower income could be easily be spun as a positive.
Thu Jan 19, 2012, 11:17 PM
Jan 2012

Or he might be playing a game - raise suspicions and than relent and show he 'meagre' income and thus make fools of people of rose to the bait.

freshstart

(265 posts)
7. Some of his stuff is already on
Thu Jan 19, 2012, 11:32 PM
Jan 2012

opensecrets.org. I remember looking at it, probably about 2 years ago. From what I recall, he's got several million in gold/mining stock.

highplainsdem

(48,968 posts)
10. Thanks! Here are some other links, and some perspective on why he has those investments:
Fri Jan 20, 2012, 12:57 PM
Jan 2012

First, from the Atlantic:

http://www.theatlanticwire.com/politics/2011/12/ron-paul-invests-64-his-money-gold-and-silver-mining-stock/46516/

And then from Daily Kos:

http://www.dailykos.com/story/2012/01/02/1050827/-The-Real-Meaning-of-Ron-Pauls-Investments

But there's another way that Paul could profit. Remember, Paul wants to put the dollar back on the gold standard. That would mean that the government would have to buy a whole lot of gold to back up the dollar. Gold that it would have to buy from the companies that Paul owns.

So: Paul buys gold mines, makes the government buy the gold, and makes out like a bandit. Not quite so courageous or admirable.

Yes, a gold standard is unlikely, even if Paul becomes president, but if people believe that a gold standard is possible, they'll buy up gold, driving up the price. And given the strange logic of markets, if you think that other people will think this, you should still buy gold. From the companies that Paul owns.

So Paul has set himself up to profit if he can convince some fraction of the population that a gold standard is possible. Is he putting his money where his mouth is, or is he putting his mouth where his money is?

freshstart

(265 posts)
11. Interesting stuff
Fri Jan 20, 2012, 02:04 PM
Jan 2012

I've looked at some of his connections, and they are very shady. The guy that was pushing with Ron Paul for a return to the gold standard in the 80s, Lewis Lehrman, was an investor in George Bush's Arbusto Oil. Ron Paul wrote the book A Case for Gold with Lehrman. Paul had Lehrman before his committee last year. Lehrman has a lot of ties to shady right wing causes like the Moral Majority and funding the contras, as does Nelson Bunker Hunt.

Ron Paul has long had ties with conservative funder Nelson Bunker Hunt. Hunt manipulated silver in the 80s. Notice that they say the Federal Reserve played a role in this.

http://news.google.com/newspapers?id=UR4qAAAAIBAJ&sjid=BogFAAAAIBAJ&pg=1272,6774566&dq=nelson+bunker+hunt+saudi+silver+federal+reserve&hl=en

http://news.google.com/newspapers?id=UtUcAAAAIBAJ&sjid=yF0EAAAAIBAJ&pg=1343,958398&hl=en

There is also Ron Paul's connection to RJ Rushdoony and Gary North, both "Christian Reconstructionists." They believe in "biblical capitalism" and that gold is the only tender to be sanctioned by the bible.

Paul threw his support to the Constitution Party in '08 and their founder Howard Phillips is involved in "reconstructionism."

Considering Ron Paul's ties to people like conspiracy theorist Alex Jones, I think they ignite fear for personal gain.

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