Monthly Archives: January 2013

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January 21, 2013 09:55 AM by Stephanie Gustafson

Kelly Clarkson may not always agree with President Obama, but shes still happy to take part in his second inauguration ceremony! Following a bit of 2012 election drama, theAmerican Idol alum and currentDuets star is putting aside her political differences and honoring Barack Obama with a performance of My Country Tis Of Thee.

She may consider herself a Republican at heart, but Kelly Clarkson is not one to refuse an invite to sing at the 2013 inauguration. While getting ready for the big performance last night, Kelly retweeted pal Ashley Arrisons Instagram picture of the seating at the Capitol, adding the sarcastic quip, At least its not overwhelming.

Kellys used to big audiences, so were sure shell perform well under pressure. But what were really wondering is how the singer will handle the negative feedback from fans and foes alike. Kelly attracted a lot of attention last year when she tweeted her support for then presidential candidate Ron Paul: If he wins the nomination for the Republican party in 2012 hes got my vote. Too bad he probably wont.

Her prediction about Ron Pauls failure to win the nomination proved correct, but what Kelly could not have predicted was how much this tweet would anger even the most devoted of her fans. She later explained the reasoning behind her Ron Paul support toRolling Stone. He doesnt BS around anything. I was like, This dude is refreshing. All I did was tweet what I thought, and people went crazy!

Following the backlash, Kelly Clarkson issued an apology and brief explanation surrounding her political beliefs. I like Ron Paul because he believes in less government and letting the people (all of us) make the decisions and mold our country. That is all. Out of all of the Republican nominees, hes my favorite.

Despite her political stance, Kelly still thinks Barack Obama is a great guy, and is happy to help him celebrate during the 2013 inauguration ceremony!

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Kelly Clarkson Performs For 2013 Inauguration Despite Ron Paul Support

Ron Paul is alot like licorice; not everyone likes him, but the ones who do really like him.

The former Texas congressman built his reputation and loyal following by taking strong positions on a number of controversialissues .

The first is his desire toaudit and eliminate the Federal Reserve. Paul is a free-market capitalist and doesn't believe a centrally controlled, non-elected entity should have the ability to dictate interest rates and change the trajectory of theeconomy .

Paul has also expressed deep concerns about the U.S. dollar, which is not backed by any physicalasset , and has been steadily devaluing against other currencies since 2001 under growing domestic trade deficits.

Finally, Paul is also worried about the possibility of massiveinflation . Although the U.S. Bureau of Labor statistics' Consumer PriceIndex has yet to show any serious signals of inflation, with central banks around the world fully committed to monetary stimulation, thedevaluation of fiatcurrency is a very real consideration for many investors.

But unlike many politicians simply tickling populist fancy, after taking a look at Paul's portfolio, it's obvious the manputs hismoney where his mouth is.

The typical congressional portfolio might have 10% incash , 10% inbonds , 20% inreal estate and 60% instocks orstock funds , according to theWall Street Journal.

But Paul has taken a radically different approach.

His 21% allocation to real estate looks pretty normal. So does his 14% allocation in cash. But where he parts ways with his congressional brethren is the remaining 64% of his portfolio, which is invested in gold- and silver-mining stocks. Adding to hiscontrarian style, his 1% allocation to stocks funds are invested in "short" funds, a bet against future stock gains.

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Revealed: An Inside Look at Ron Paul's Portfolio