Ron Paul: “I just left the House floor and I voted against the so-called stimulus package. Obviously, it’s not going to stimulate anything other than the growth of big government. It looks like it will not be difficult to pass, and the Democrats have the vote. One thing I could say about the Republicans, they have stuck together and they’ve given some good speeches. To me it’s just a shame they didn’t start talking like this and voting like this about eight years ago, they would be a lot better off. But anyway, they’re doing the right thing right now, they are opposing it and to me that’s very good.
But you know, one thing in this particular bill that nobody seems to be talking about is the increase in the national debt. The increase in the national debt by $789 billion – almost $1 trillion, and now the national debt limit is over $12 trillion. But this day and age, people are just passive spending this money and hardly even thinking about it. They deal with trillions like they used to deal with billions, so it means a lot of trouble down the road.
You know, the process of this legislation was a little bit more annoying than most of the things that we do here. This bill turned out to be over a thousand pages. My staff had no chance to read any of it until 12:30 last night. Which means that somebody would have to stay up all night reading it, which would’ve been impossible because there was no complete version, no printed version, there were only 4 hard copies, 5 hard copies available to the House. I couldn’t even have gotten a copy of it if I had wanted to.
And it’s still, some of the bill is still in handwriting. So this to me is just atrocious way to legislate. And, another part of the process that annoys me at knowing is that I know many of you have heard about what was in the bill, and I could get more information from the news than I could from my staff or from the staff of the committees. But what happens is, conservative staffers who know a little bit about a bill will leak a large portion of the bill to certain groups, the same way with the liberal democrats. There are only about 20 people in the whole Senate and the Congress who really deal and know anything that is going on, but outsiders actually get an opportunity to look at this before we get it.
So, it is an atrocious way to legislate, but I guess that’s appropriate, they’re doing atrocious legislating, and what they’re doing is to me atrocious: running up the debt like this, printing the money, and just placing this burden on the American people but quite frankly, this can not be helpful to the economy. Long term, this is doing exactly what they’ve been doing for many, many decades and the reason we’re in this mess. Someday though I think the American people will wake up out of necessity, because the bankruptcy of the country is at our doorstep and the destruction of the dollar is the thing that will finally wake us up.”