Russia Does What U.S. Mainstream Media Refused to Do: Covers Ron Paul

February 25th, 2009 7:34 pm  |  by George Dewey  |  Published in Banking, Big Government, Commentary, Constitution, Debt, Economics, Federal Reserve, Free Market, History, Politics, Ron Paul, Socialism, government spending  |  0

“Russia Today” ran a piece this morning asking the question which many Americans are asking themselves, “Is Obama heading in the right direction?” I think most Liberty Maven readers will agree that he’s actually headed in The Left direction, fast tracking us towards Socialism, or worse.

“It’s the wrong kind of stimulus. I think it’s the most foolish trend we’ve been involved in throughout our whole history,” Ron Paul said.

What continues to floor me to this day, and which this piece does an excellent job of covering, is how diametrically opposed other policy makers are to Ron Paul:

Former U.S. Ambassador to the UN, John Bolton, and Congressman and former Presidential Candidate Ron Paul don’t seem to agree on anything when asked to judge the recent statements by the new resident of the White House.

“To say that this is in any way comparable to the Great Depression is a huge exaggeration,” John Bolton said.

“I think it’s bad, I think he’s probably right on that, but I don’t think he has the full understanding of why it’s that bad,” Ron Paul said.

Commenting on the possible Wall Street meltdown, the two politicians also expressed opposite opinions.

“I don’t think that’s at all likely. I think what is likely to happen is just as the U.S. led the fall into recession it will likely lead the recovery out. Economists predict recovery toward the end of this year, or beginning of next year,” John Bolton said.

“I think it’s melted down pretty well already. And the melting down will continue unless we change our ways. We can expect this problem not to last for a year or two but for a decade or two,” Ron Paul warned.

Unfortunately, Ron Paul’s prediction will probably be accurate, and the “pooh pooh” assessments of John Bolton and others like him will once again prove to be way off the mark.  I’m glad to see that the Mainstream Media in Russia gave Ron Paul some coverage, as his own country’s Mainstream Media did not.

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Response

You must be logged in to post a comment.