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Friday
Jul222011

Ron Paul Asks Congress: 'If Debt Is The Problem, Why Would We Want $2.4 Trillion More Of The Same?' (VIDEO)

Video - Ron Paul from the House floor - July 19, 2011

Listen to the first few minutes of this one.

"When a country is indebted to the degree that we’re indebted, the country always defaults. We will default because the debt is unsustainable."

"If we don’t understand this, this default will not be because we don't send out the checks. We will send out the checks. It will be defaulted on because people will get their money back, or they will get their Social Security checks and it won't buy anything."

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Iowa, this is your chance...

New York Times bestselling author Thomas Woods makes the case for voting for Congressman Ron Paul in the Iowa Straw Poll on August 13.

Woods holds a bachelor's degree in history from Harvard, and a Ph.D. from Columbia University. He is the author of 11 books.

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Reader Comments (7)

Because Congress is addicted to debt just as a crackhead is addicted to crack. And both will lie, cheat, steal, and whore themselves to get what they need...
Jul 22, 2011 at 12:31 AM | Unregistered CommenterS. Gompers
That about sums it up gomp...well said...
Jul 22, 2011 at 1:57 AM | Registered CommenterDailyBail
NYU Professor Catches 20% Of His Students Cheating, And He's The One Who Pays For It

http://www.businessinsider.com/nyu-professor-class-cheating-2011-7#ixzz1SoL1gLJi
Jul 22, 2011 at 1:57 AM | Registered CommenterDailyBail
Jul 22, 2011 at 1:58 AM | Registered CommenterDailyBail
Jul 22, 2011 at 2:06 AM | Registered CommenterDailyBail
Why would anyone talk to congress? Ron White: "You can't fix stupid".
Put me in an asylum I'm ROFLMAO!!!
Jul 22, 2011 at 3:10 AM | Unregistered CommenterTR
I may not think that Ron Paul is the best candidate for president at this time...or even that he should be in the race. However, I sure would like to see him comfirmed as the head of the FED (Federal Reserve) in a conservative Republican administration. Rep. Paul would either initiate a comprehensive audit aimed at major reforms, or even better, he would propose that it be eliminated completely. But back to his main point: The current debt is very, very bad; $2.4 trillion more debt will be disasterous!

"There is nothing more insidious that a country can do to its citizens than debase its currency." – Paul Ryan, 2/9/11
“Even after economic and financial conditions return to normal, the federal budget will remain on an unsustainable path...unless the Congress enacts significant changes in fiscal programs.” – Ben Bernanke, 2/9/11
Jul 22, 2011 at 5:32 PM | Unregistered CommenterRadman

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