Joe Scarborough is stunned by Ron Paul's prophetic warnings of a housing bubble in 2002

Ron Paul appearing on the 5/15/09 edition of Morning Joe is credited by Joe Scarborough for accurately predicting the housing bubble and resulting financial crisis.

Read Ron Paul's complete statement predicting the housing bubble and exactly how it would happen here:
http://www.ronpaul.com/2008-09-26/ron-paul-on-the-housing-bubble-july-2002/

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[Metalchemist13]

@wrjamescom

AMEN

Dr. Ron Paul 2012

[wrjamescom]

@eleganz Yes, and now he is the official front runner in the polls, at least in Iowa. And in Virginia, only Paul and Romney have qualified to be on the ballot. It looks like the race will soon become a contest between McCain 2.0 and Ron Paul. Or between more of the same or real hope and change for a change. :)

[AHVeasman]

On YouTube you can find lots of videos of Republicans saying it's coming and Democrats saying they were doing a Chicken Little. And Democrats were the ones who blocked changes which could have prevented or at least minimized the damage.

But NO! It's all Bush's fault. At least according to the Democrats.

[canebluff]

Joe Scarborough, hat's off to him for reporting this, but he sure missed the followup point by Paul of how the dollar is going to collapse. 

[dtothem2]

Ron Paul needs to BE our President.

[222Miller]

It really is a charade

[pseudoprodigy]

Gold is equal to or greater than paper. -Austrian Economics

[jneil2007]

This seems prophetic but if you understand economics, and that you can't build an economy on borrowing phantom money, you understand. Ron Paul predicting the housing bubble is no different than me predicting that if you pour gasoline over a fire it will get bigger!!! It's our media and our corrupt politicians and their special interest groups that hide these things in plain sight!!!

[SSedmak]

It's easy to not see problems when their career success depends on not seeing the problems.

[wrjamescom]

@97MaroMan Yeah, but the sheep got suckered. They thought Obama was different because he was black, and the media refused to cover anything about him, because he was black. Obviously a black republicrat is just as crooked and sleazy as a white republicrat. No hope and change there...

[HumanAction23]

You wait, in a couple of years, they will play this clip, where RP predicts the collapse of the world's base currency, the dollar. 'Wow, can you believe he say this coming?' Learn economics folks, it will open your eyes. mises institute and lew rockwell

[nole23]

Did Joe say that Greenspan predicted the housing bubble? hhahahahhaha.