Congressman Ron Paul was back on CNN this morning talking again about the criminal bailout. The talking heads were trying to get Dr. Paul to shift on his positions given that the crooks on Capitol Hill "tweaked it [the bailout plan] and decided to buy stakes in some U.S. banks."
I guess Dr. Paul did move a little from statements he made the last time he was on CNN - he emphatically said the bill is worse now than in its previous incarnation.
http://www.cnn.com/2008/POLITICS/10/17/ron.paul.qa/
Ron Paul is no doubt a brilliant economic mind. However, it doesn't take anywhere near brilliance to see the catastrophic pitfalls in what is going on here. Dr. Paul was able to sum up the whole mess with extremely succinct points. For example, he pointed out that the bailout is asking [though I would say enforcing via economic martial law] the poor to get the rich off of the hook. He explained that all of their "tweaks" have turned a $700-billion donation to the robber barrons into what will ultimatly cost Americans $5 trillion. The $5 trillion figure has been out there for a while now, of course nowhere to be found on the cable news shows or in the New York Times.
http://www.infowars.com/?p=4813
Perhaps the most obvious problem with this crookery is that paying for it will result in $6 loaves of bread and $10 gallons of milk. The money has to come from somewhere. Well, Dr. Paul laid that out, too.
He also repeated one of his favorite and truest lines, "If creating more money was the solution, nobody would ever have to work."
"This is going to cause a great deal of harm. It's like a drug addict taking a strong fix, and he feels better for a day or two, but believe me, we're going to kill the patient, Paul said. "And the patient here is the dollar system and our entire world economy. I would say let's get off this addiction."
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