Flashback: Walker Stapleton, Gold-Hoarding Teabagger

Walker Stapleton.

Walker Stapleton.

FOX 31's Eli Stokols sets the scene today:

Colorado Treasurer Walker Stapleton, a Republican, announced Thursday that he’s seeking a second term.

Not surprisingly, the entire GOP establishment is lining up behind Stapleton, whose press release touted the support of Attorney General John Suthers, Broncos vice president John Elway, Rockies owner Dick Monfort, his 2010 primary rival J.J. Ament, attorney Norm Brownstein and businessman Larry Mizel.

“Our accomplishments in the Treasurer’s office are not partisan or controversial but examples of common sense solutions for the taxpayers of Colorado,” Stapleton said in a statement…

Treasurer Walker Stapleton's first term in office as Treasurer is coming to a close, and it's proven to be a good deal for him–not least for his sweet arrangement that allows him to collect a six-digit income from his side investment business while drawing his taxpayer-funded salary. Treasurer Stapleton's investment strategy for the state has not been overly controversial to our knowledge, though we do hear complaints from time to time about the rate of return. But there was a time, back in 2010, when Stapleton was singing a very different tune–and while "Tea Party" furor raged, and Stapleton faced a Republican primary opponent, it was sometimes necessary for Stapleton to advocate for fiscal policies both "partisan" and "controversial."

For example, take this recorded debate between Stapleton and opponent J.J. Ament from June of 2010:

In this 2010 debate against Ament, Stapleton warned of a coming "hyperinflationary environment" due to various evil Obama tax-and-spend depredations, a very popular prediction on the right at the time, and recommends Glenn Beck-style that "using gold" as a "hedge against inflation" is "something we need to investigate."

At the time Stapleton said this, the price of gold was extremely high, and anti-government "Tea Party" paranoia sentiment was peaking. But as it turns out, we did not enter any "hyperinflationary environment" after 2010, and the price of gold today is hundreds less than its peak–or for that matter, the price it was during this debate in 2010. That should make any financially literate voter very happy that Stapleton didn't take his own advice.

Now folks, we're not naive, and we honestly doubt that Stapleton meant a word of this nonsense when he offered it in a primary whose terms were dictated by the radical right. This was a season, after all, when most every Republican candidate was compelled to repeat, for lack of a better term, goddamn crazy talk.

But really, somebody should be asked about this–Stapleton, Larry Mizel, somebody. Does every Republican who ran the "Tea Party" gauntlet in 2010 get a pass for the crazy things they were "forced" to endorse?

Let's get some "GOP establishment" types to say so then.

18 Community Comments, Facebook Comments

  1. DavidThi808 says:

    IOKIYAR – ArapaGOP will be on shortly to explain why.

    • ArapaGOP says:

      Explain? There is no explanation needed.

      In 2010, Americans realized that one party rule by Democrats in Washington was destroying the essence of our nation. I believe Stapleton was genuinely concerned about hyperinflation, because as Obama run up trillion dolar deficits with no one to stop him and the economy tanked as a result, that is what we were headed for.

      Fortunately, Republicans enjoyed our greatest victory since the 1940s and stopped Obama's takeover of America in its tracks. We no longer need fear a Peron like meltdown in America under Obama, because Republicans have our one foothold of liberty against one party Democrat oppression in the House.

      Because the GOP was able to stop Obama, Stapleton didn't need to do anything radical.

      • Davie says:

        Everybody get your High Waders on — a sewer line just broke!

        Oh wait, that's just ArapaGOP pumping the usual BS.

        • Curmudgeon says:

          That's the beautiful thing about being ArapaGOP… you don't need a brain, or a spine … you just need a pair of knees to fall to, and a mouth to kiss the ass of ANY Republican, no matter what they do.  

      • Duke Cox says:

        and the economy tanked as a result,

        This, you fucking idiot, is the reason you have no credibility at all.

        You know as well as I do that Obama had practically nothing to do with the economy tanking. Wall Street, the banks, and the insurance companies are almost wholly responsible. Put the blame on the Republican party and its' greedy minions… where it belongs.

      • Duke Cox says:

        This is from "Nation of Change", a great source of information.


        Global poverty is highlighted in our own country and explained well in the Senate-issued Levin–Coburn Report. It states that:

        “The ’07/’08 [financial] crisis [which we are still recovering from] was not a natural disaster, but the result of high risk, complex financial products; undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself to rein in the excesses of Wall Street.”

  2. JeffcoBlue says:

    Wow, that's pretty embarrassing shit for anybody who calls themselves a financial expert.

    Too bad Mizel and crew are already without shame.

  3. gertie97 says:

    The goof forgets that the president–any president–can't spend a nickel the Congress didn't authorize.

    • roccoprahn says:

      Don't rule out the possibility that he literally might not know enough about how the legislation process works to realize that.

      It's important to remember that several republican members of the House of Representatives AND the Senate……………Sen. Barrasso (R-Wy), Rep. Wilson ( R-SC), the idiot Joe Walsh (R-IL) who was replaced by the very competent and passionate Tammy Duckworth, Lamborn (R-Co), Demint, Scott, and Lee (all R-SC, Either Senate or House), Goober Gohmert (HR26-TexASS)………to name just a few, clearly appeared to be ignorant (or lazy, take your pick) as referenced by documented statements that the Debt Ceiling pays debts from PRIOR legislation, has nothing to do with future spending. As insane as it sounds, they seem to not be aware of that……….as elected representatives, no less!

      Owen Hill does and will fall into the same category. He was the numbnuts that State Sen. Hudak had to give a verbal palm to forehead pop to during the contentious gun control legislation. Totally ignorant of Senate procedure………and arrogantly dismissive of it too.

      These modern repubs don't know procedure, actually could care less about it. It's all vitriolic mouthing that rouses the base with them now. Since the every day republican isn't exactly informed on many……..or any in many cases……issues, why get bogged down in accurate statements, hurting thier chances?

      Gertie, dollars to donuts, stapleton thinks the President CAN spend any way, any time he wants. No approval from the Congress needed.

      Are these wingnuts scary, or what? Going a little farther, they have to get elected! Goober nation, alive and well.

  4. Molly Brown says:

    Gawd, stop saying "folks!"

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