Ron Paul the Capitalism is Dead ....24 Mar 2009
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Federal Reserve enabled USA goverment to borrow huge sums of money for Military bases and wars ...
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Really? What are CDS? AIG wrote $2 trillion worth of CDS. Did they have the money to back those bets?
How about Bears? Lehman? Merrill? Citi?
There are $4 quadrillion in derivatives. Tell me, why do we need $4 quadrillion in derivatives to HEDGE the risk of a $50 trillion per year world economy?
Answer: Wall Street greed.
Someone was ALWAYS going to WELCH on their bet if the markets move against them by too much. Heads, I win. Tails, the taxpayer loses and I still got FAT bonuses,
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All he wants, is for the money to go back to the people, and you need specific earmarks to get it back to the people
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Look up the video "Ron Paul- We need more earmarks." Earmarks are only 1% of the money that Congress spends, and if those earmarks are removed then that money goes to the executive branch, where spending goes on behind closed doors. Earmarks allow for the people to see where their money is being spent. It is better for a free government (if you can still call it that) to spend their money in congress, by the people's elected representatives; instead of being spent by one man on who-knows-what.
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Go vote for the most unknown, loser, freak candidate you can find as long as it is not the encumbent. And when they run again, vote them out, too. After a while they will get the picture.
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What makes me wretch and laugh at the same time is how Fox News went out of their way to demonize, criticize, and attempt to destroy Ron Paul's presidental campaign, and now they seem to be falling all over themselves to make him out to be their spokesman. "It's always great to talk to you, congressman." I wonder why that wasn't true about two years back.
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Dr Paul is in the House not the Senate. You are a little mixed up, he didn't ADD anything. An earmark just designates where the money in a bill goes, rather then just handing a blank check to the federal government. Eliminate all earmarks and you eliminate less than 1% of the bill. He voted against the bill, but he was smart enough to know it was going to pass so he added that earmark so his district would get some money too rather then pay taxes and get nothing in return for their district.
I remember when, not too long ago, Fox News marginalized Ron Paul more than the media on the left...
Clowns to the left of me,
Jokers to the right...
"It's the Fed, stupid"
Thx Dr. Paul, once again, for making perfect sense.
tickhound 2 years ago 12
Ron is exactly on the money. The next disaster which is only exacerbated by Obama's policies, is the collapse of the US dollar. When that happens all bets are off and we as a country will enter a new reality. And none of us are going to lke it.
wilsonspaulding 2 years ago 10