Tag Archives: CPAC

Populism Run Amok

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

First published in The Hill.

Andrew Jackson was our nation’s first populist president.

He ran against the moneyed Eastern Establishment and abolished the Second Bank of the United States.

Jackson also was the only president to pay off our national debt. Soon after erasing the debt and squashing the national bank, an early version of the Federal Reserve, the American economy went into a severe depression.We have never paid off our national debt again. Continue reading →

Realistic Honesty

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

Mitt Romney will address CPAC later today.

For those who don’t know, CPAC is an annual meeting of young and old conservatives. The young guys are usually college students or recent graduates who are looking for honest work and are passionate about their conservative beliefs.   The old guys are folks who have made their living at conservative politics and use CPAC to confirm their worth or to sell their wares.

Ever since George Bush left the White House, CPAC has endorsed Ron Paul to be the standard bearer for the party. So that gives you a sense of CPAC’s grounding reality.

Romney is addressing CPAC because if he didn’t, it would have been a big story about how he has dissed conservatives once again. That’s not a great story for the former Massachusetts governor, so he is going to preach to a choir that usually sings a different song from the one he is preaching. Continue reading →