14 April 2009

ron paul: barack obama is "preaching inflation...economic fascism"

texas congressman ron paul in his reply to barky o's speech on the economy, said that obama's policies are going to destroy the dollar. "this is going to be a bad deal and not help at all...[the president] was very explicit by saying that government shouldnt cut taxes and spending -- he wants to massively increase this spending, therefore, he's going to prolong [the recession]".

"everything he talks about is re inflating the bubble and buying up bad assets.... the depression was prolonged because of the intervention of hoover and roosevelt."

congressman paul says that it all is leading to socialism and economic fascism where the government and business are partners and when businesses get in trouble they love it because businesses get all the benefit's and the little guys are stuck paying for the bailouts.