Some Real talk about Don Luskin as Economic Adviser

[kwebb10]

I think something should be brought to attention when it comes to this Don Luskin adviser situation. Sure he is one of the better talking head on CNBC, but he and Peter Schiff (another big CNBC talking head and EuroPac fund manager) do not get along at all.

This is because Peter Schiff goes on TV and champions about how the decline of the dollar is robbing Americans of their wealth. Luskin thinks Schiff is wrong on this and many other topics, many topics that in fact Paul and Schiff agree on quite frequently. Not to mention that Schiff is a huge money manager who sends out letters to his clients recommending that they donate to Paul's current campaign. (This is less important of a reason)

This video is posted by Luskin himself as a reference of why Schiff is wrong about the decline of the U.S. Dollar:
http://www.youtube.com/watch?v=TU5QuUdPmwE

So I'm not sure if Luskin has completely changed positions(which i doubt), but in his blog at www.poorandstupid.com he references some of Paul's positions as good (small government, less spending, etc.) But refers to Paul occasionally as "nutty" and claiming that Paul's concerns over M3 stats from the Fed and inflation as a threat are "conspiracy theories".

So before everyone hails this new guy Luskin as our one stop shop Wall Street endoresement, do some more research and let's make sure that he really believes in what he says, and more importantly, if he believes what Ron Paul and the rest of us believe.

I just wish to bring this to everyones' attention because I believe his difference in economic views from Paul could be quite extensive. Especially since I have seen him pull the "if you don't like the U.S. markets, its because you hate America" stunt on a few Youtube occasions. Food for though...enjoy

 

[ArrestPoliticians]

Ron Paul and Gold bugs like Peter Schiff dont understand the stock market and finance the way that those who buy into that financial black hole like Don Luskin does, so he rounds off the financial perspective nicely.

 

[RonPaulGeorge&Ringo]

Maybe he's a spy in the campaign for the Fed...?

 

[Paul4Prez]

Having top advisers with differing viewpoints is a good thing. A strong and wise leader like Ron Paul can make his own decisions, based on their input.

George Washington had Thomas Jefferson and Alexander Hamilton, polar opposites on most issues, as his top two advisers, giving him probably the strongest Cabinet ever.

 

[Shavenyak]

Having top advisers with differing viewpoints is a good thing. A strong and wise leader like Ron Paul can make his own decisions, based on their input.

George Washington had Thomas Jefferson and Alexander Hamilton, polar opposites on most issues, as his top two advisers, giving him probably the strongest Cabinet ever.

Which is why I think a Kucinich would be a good advisor maybe even running mate for Paul.

 

[stewie3128]

George Washington had Thomas Jefferson and Alexander Hamilton, polar opposites on most issues, as his top two advisers, giving him probably the strongest Cabinet ever.

Lincoln was the same way.

 

[kwebb10]

Good point on the cabinets of past presidents, i guess i overlooked that sort of approach being that it is still the campaign portion of this and not a presidential situation. Let's just hope Bill Kristol isn't his next foreign policy adviser... just kidding

 

[sdczen]

Luskin is a Domestic market guy. If you are trading in US dollars, he's pretty good. However, I think where his philosophy on Monetary policy is what drove Ron Paul to him.

Schiff on the other hand is a global market guy. Very smart & analytical. Schiff has it right on the global markets and why our dollar is falling.

 

[colin1]

Having top advisers with differing viewpoints is a good thing. A strong and wise leader like Ron Paul can make his own decisions, based on their input.

George Washington had Thomas Jefferson and Alexander Hamilton, polar opposites on most issues, as his top two advisers, giving him probably the strongest Cabinet ever.

+1789

Great observation!

 

[FreeTraveler]

Which is why I think a Kucinich would be a good advisor maybe even running mate for Paul.

Please let this SOCIALIST GUN-GRABBER rest in pieces!!! He's gone, thank God, and best forgotten!!!!!

 

[Tim724]

Ron Paul and Gold bugs like Peter Schiff dont understand the stock market and finance the way that those who buy into that financial black hole like Don Luskin does, so he rounds off the financial perspective nicely.

+1

I agree. Though Luskin isn't a full blown Austrian/goldbug, he brings good perspective. Who says every advisor has be in lock step with the president? I would think a good cabinet would not be an echo chamber.

 

[slantedview]

i'd probably rather see schiff be the man, but luskin is fine. no argument from me on choosing luskin. maybe schiff was busy...

 

[Shaun]

You are kidding right?

Which is why I think a Kucinich would be a good advisor maybe even running mate for Paul.

How much more ammunition do you want to give the morons in the MSM?
If you have Dennis running with Ron all you'll hear about is UFO's coming to fix the economy.

This is the problem with RP's ENTIRE campaign, there is nobody in the group that has the first clue about PR and Media. The ONLY thing that is hurting RP is his personal presentation ( to logical, to complex and to intelligent) with not enough Botox, Hair color and emotional appeal to the common man. We have lost the women..

Denis Kucinich is a good man, like Ron, but like Ron he shouldn't be in politics IF he isn't prepared to pay the political game.
Politics is about getting elected not about being right.
The question for RP is does he want to win or does he want to make a point?

Time is short.

 

[Chuang-Tzu]

Denis Kucinich is a good man, like Ron, but like Ron he shouldn't be in politics IF he isn't prepared to pay the political game.
Politics is about getting elected not about being right.
The question for RP is does he want to win or does he want to make a point?

Time is short.

These anti-establishment freedom fighters can't compete on a level playing field as long as this "political game" is allowed to persist. Why not embrace the idea of a coalition working across party lines to dismantle this rotten system?

 

[Hayek]

Bringing conflicting ideas together...WOW, good idea if you want advice about the situation in its entirety.

 

[WilliamC]

Having top advisers with differing viewpoints is a good thing. A strong and wise leader like Ron Paul can make his own decisions, based on their input.

George Washington had Thomas Jefferson and Alexander Hamilton, polar opposites on most issues, as his top two advisers, giving him probably the strongest Cabinet ever.

+1789

 

[Signzit]

ha ha, "The world is going to wake-up to this Con!"

 

[jblosser]

And now we have both of them.

 

[Signzit]

These anti-establishment freedom fighters can't compete on a level playing field as long as this "political game" is allowed to persist. Why not embrace the idea of a coalition working across party lines to dismantle this rotten system?

I like it, bring your folks on over, Ron wants more smart folks.

 

[axiomata]

Heck, I'd take Krugman as an economic adviser. There is nothing wrong with taking advice from all sides of the political spectrum so long as these advisers realize that in the end, they are just advisers. In fact, I'd say such diversity is a very good thing.