Liberty MavenRon Paul on CNN: The financial system has collapsed
May 27th, 2009 8:57 am | by Marc Gallagher | Published in Bailouts, Banking, Big Government, Debt, Economics, Federal Reserve, Free Market, government spending, inflation, Liberty, Money, Ron Paul | 7 Responses
Ron Paul appeared on CNN American Morning this morning and talked about the contradictory actions the Obama administration is taking to help curb our economic woes. A few of Paul’s quotes from the interview are below.
On Obama: “But he contradicts himself. He wants to spend more money, but he admits we have no money.”
On Washington: “They seem to live in a different world. They’re not living with reality.”
“They are begging and pleading for inflation.”
“The financial system has collapsed. The house of cards has come unglued.”
Watch and listen to more of the hard truth below.
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May 27th, 2009 at 2:41 pm (#)
90% of all economists agree. LOL
May 27th, 2009 at 3:22 pm (#)
I have the solution! Legalize drugs! We could eliminate a ton of wasteful spending that goes into "just say no" type programs, cut-back on federal prison costs, cut the DEA down to a regulatory body, and most importantly, get control over the BILLIONS of dollars being sucked out of our economy by the shadow markets created by our current drug laws!!!!!
May 27th, 2009 at 3:56 pm (#)
The camera kept panning out during critical parts of Paul's message. It was distracting. What was the point of that? I've never seen that happen with any other CNN interview.
May 27th, 2009 at 4:27 pm (#)
hahaha!
May 27th, 2009 at 4:36 pm (#)
supposed smart people bow down to money hording to do dumb things, telling dumb people that they asked for their permission to do these dumb things which the smart dumb acting people convince the actual dumb people that the dumb things are smart things. it's all dumb people toppling over dumb people reaching for a top that isn't and ain't gonna be there after they've been told it isn't there. a dumb centrifugal force in action. keep it movin'! LOL! (sarcastic with tears)
May 28th, 2009 at 2:45 am (#)
It wouldn't surprise me if they did that because they thought most Americans are bored with economics, especially if it isn't cheery. Two talking heads discussing liquidation of national debt gets changed to a reality show quickly. Panning until we're nauseated was probably an attempt to keep us interested.
Some of us are interested in what Congressman Paul has to say without dangling shiny keys in the corner, however.
May 30th, 2009 at 11:01 am (#)
It mentioned …
"90% of all economists agree" .
Were these the guys that, unlike Ron Paul, did not see this financial crisis coming ?