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Tuesday, August 2, 2011

Rep Ron Paul talks debt deal

Rep Ron Paul talks debt deal

Presidential Candidate and Lake Jackson Congressman Ron Paul -- He says it doesn't matter what happens this week, default is coming. We talk about the ongoing debt crisis in Washington with Presidential Candidate and Lake Jackson Congressman Ron Paul.

Rep. Ron Paul (R-TX) explains why default by inflation is worse than default by not raising the debt ceiling. Rep. Paul also talks about how the devaluing of the U.S. has led to record prices in gold bullion. "Default is coming. The only argument that's going on now is how to default, not send the checks out or just print the money. In all countries our size, they always print the money," Paul said.

1 comment:

  1. "When I was in England, I experimented with marijuana a time or two, and I didn't like it, and I didn't inhale, and I never tried again."
    - Bill Clinton, U.S. President quote on Marijuana
    http://bit.ly/npVRyD

    ReplyDelete

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