Ron Paul on the bail outs

[G-khan]

http://www.youtube.com/watch?v=1sfUKZOHtRs

[MystryBox]

Nice. But the concepts and terms he's using are not understood by the commentator or most of the audience. It takes a lot of background to understand what he's actually saying and what the risks to our system actually are and why its so critical to let the market sort itself out. So given that his words basically fall on deaf ears.

[Lovemonster]

Nice. But the concepts and terms he's using are not understood by the commentator or most of the audience. It takes a lot of background to understand what he's actually saying and what the risks to our system actually are and why its so critical to let the market sort itself out. So given that his words basically fall on deaf ears.

Exactly....this is RPs usual problem.....he needs ot keep it SIMPLE when he has the mic.

[Libertarian_Guard]

Most Americans tuned out :40 seconds into the interview when it was noted along side Dr. Paul that he ran for President as a Libertarian in 1988. Few Americans are interested in understanding Libertarian principals as their mind has associated the word to mean something un-American. Dr. Paul’s knowledge and understanding of real world economics cannot be intertwined with today’s world of debt based finance. He understands full well that we cannot forever mortgage the future, paying interest only on the national debt, without a dime being applied to the principal. This stunt has worked thus far with our accumulated debt on the Iraq war, but it is one hell of a roll of the dice, attempting it again by boosting the national debt from 9.6 trillion to 11.3 trillion.

Dr. Paul certainly calls a spade a spade by stating that we’re moving towards socialism with this ‘bail out.’