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« Dylan Ratigan & Stephen A. Smith: 'Captured Politicians Need To Go To Jail' | Main | Where Will The Jobs Of The Future Come From (2 Minutes With Ratigan & Warren Buffett, Video) »
Wednesday
Jul292009

Ron Paul's Plan To Fix The Economy

(Originally posted last week, but it was quickly buried and not seen by many readers.)

Really, there are no words for an interview this good (TechTicker Clip 6:10).  Best one of Dr. Ron Paul I've ever seen.

Watch

Description and video rom TechTicker:

Long a proponent of small government and a staunch opponent of the Federal Reserve system, Paul's main point is that increased spending and higher deficits are not the solution to our problems, but their cause.

"You can take care of people, but never with a deficit, never by expanding the spending," the Texas Republican says in this exclusive video interview, taped in the Capitol Hill Rotunda in Washington D.C. "The more we do to interfere with the correction - the longer it lasts."

Had he been elected, Paul said he would be doing "a lot less" than President Obama and blames Keynesian economics - which advocates increased government borrowing and spending during times of duress -- for our nation's current ills.

While admitting a transition to what he views an "ideal society" won't be quick or simple, Paul's economic prescription includes:

  • Allowing bankruptcies to occur vs. rewarding failure with bailouts.
  • Stop inflation by dismantling the Fed and returning to the gold standard.
  • Encourage savings and liquidate debt.
  • Deregulate.
  • Give tax credits to those who take care of themselves, or the doctors who provide their care.
  • Cut government spending, especially on international endeavors. "We spend hundreds of billions of maintaining our empire around the world. Let's bring that money home," he says.

 

Please help by emailing this video to a few friends.  Promoting much greater awareness is the only way we're ever going to stop the heist.  Sending just 2 emails can make a tremendous difference.  Thank you!

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Reader Comments (10)

Yes, indeed...the cows are airbourne and hurtling downward, asses over horns...thank God for periods of complete detachment wherein I can tramp along behind Wellingtons like Dr. Paul as he strolls through the carnage of our economic Waterloo...watching the bankers loot the corpses...and be at a point beyond care. Things will not change until the damned cows stop and think...have a 2001: A Space Odyssey...Kubrick moment.. and get angry, really angry, Bastille-storming angry and make Wall Street and the City and the philosophical foundation of greed upon which they rest a thing of the past...a Carthage with no stone standing.
Jul 29, 2009 at 7:15 PM | Unregistered CommenterJess
It's like navigating waters filled with U-Boats and depth charges..........Hard to make it out with your sanity and reason. Might as well join the party and spend it like it's all free but that party is restricted to club members only. The masses are NOT members.
Jul 29, 2009 at 7:15 PM | Unregistered CommenterAin't Bullshittin'
Damn. That's poetry, AB.
Jul 29, 2009 at 7:16 PM | Unregistered CommenterJames H
"...and get angry, really angry, Bastille-storming angry and make Wall Street and the City and the philosophical foundation of greed upon which they rest a thing of the past...a Carthage with no stone standing. "

I'm with you all the way, Jess. Where do I sign up?
Jul 29, 2009 at 7:16 PM | Unregistered CommenterJames H
Ron Paul is THE man!
Jul 30, 2009 at 12:28 PM | Unregistered CommenterSell Short
Hey Daily Bail,

Been away for a few days, but the site looks great -- lots of interesting developments of late on the anti-bailout front. The anti-Bernanke campaign could be effective, especially if the MSM picks up on it.

Also, while I'm at it, I notice that my comment above lists my email address along with my name. I don't know why that happened, but would you mind terribly if it were taken down?

Many thanks.
Jul 30, 2009 at 1:49 PM | Unregistered CommenterJames H
Fixed it James....I had transferred the previous comments from this story when it was originally published and got it slightly wrong.
Jul 31, 2009 at 7:14 AM | Registered CommenterDailyBail
Thanks, DB.
Jul 31, 2009 at 8:00 AM | Unregistered CommenterJames H
Video doesnt play
Aug 1, 2009 at 9:43 AM | Unregistered CommenterFred
Simple question here for the GAO: Is the Federal Reserve a global Ponzi scheme to commit American taxpayers to overwhelming national debt?
Sep 28, 2009 at 1:33 PM | Unregistered CommenterWinston

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