John Ransom

The crisis in this country isn’t really economic.

It’s a crisis of confidence in our political leaders on both the Left and the Right. 

After a decade of elections predicated on change, policies have essentially stayed the same: Central banks have enabled central governments to fuel deficit spending in pursuit of consolidating central control of society.

Perhaps the spending priorities change depending on which side of the aisle you inhabit, but one thing is certain: both Democrats and Republicans have complicity in creating the fiscal crisis that now faces the country.

Unless Republicans offer a real alternative to the big government vision and become something other than “Democrat Lite,” expect no real change in Washington.  

That’s why Tea Party types are closely watching Louisiana’s jungle primary in the new 3rd Congressional district.   

The new district pits Tea Party freshman Jeff Landry against establishment Republican Rep. Charles Boustany.

Boustany and Landry lead the field in the five-way contest to be decided on November 6th. Boustany has the cash advantage, but that’s about where his advantages end- if he wants the conservative vote.

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Because his record is hard for conservatives to defend, although liberals would love it.

Boustany is a poster child for much of what’s wrong with the Republican Party today.

He voted for the bank bailout.

He voted for Cash for Clunkers.

He voted for 4 debt ceiling increases that were signed into law.

He voted for over $3 billion in green energy scams.

And he voted to fund Planned Parenthood.

This congress, Boustany has voted for $5.2 trillion more in spending and debt than Landry.

Not content to just make mistakes by admission, he also made a major error of omission.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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