Liberty Maven

Here is Ron Paul’s quickly delivered opening statement during the Federal Reserve hearing today. Chairman Barney Frank told him he had 2 1/2 minutes, but ended up giving him three.

Paul hammers home the idea that if we use non-government statistics for determining unemployment the rate is around 20% not the already high 9.5% the government would have us believe. He also talks about the skyrocketing debt.

“Net U.S. debt is now 372% of GDP. In the crisis of the 1930′s it peaked at 301%.”

http://www.youtube.com/watch?v=pSRvnXtrmtE