Ron Paul: How Corrupt Dictators Rip Off American Taxpayers

Ron Paul explains how corrupt dictators rip off American taxpayers, suppress their own people and accumulate huge amounts of ill-gotten gains.

Date: 02/07/2011

Transcript

Neil Cavuto: Well, if the military can’t force him to stand down, leave it to Hosni Mubarak to try and just pay them off. Welcome, everybody. I’m Neil Cavuto and Fox, on top of some shady Cairo dealings going down, reports today: President Mubarak’s government just approved 50% pay raises for each and every one of the country’s six million government workers. Apparently the country’s got the dough. Or should I say, Hosni’s got the dough. How about 70 billion bucks of it! That’s how much the guy is said to be worth. Not bad for government work. But he isn’t getting it off of a government salary. He’s getting it off of… well, us!

Now you know where a lot of that foreign aid we’ve been giving him has been going. All the more reason for Texas Congressman Ron Paul to demand, “Time for all of this to start ending!” The Congressman joins me on the phone right now. Congressman, I guess this is all the indication you need to prove your basic point that when you give a lot of money to a suspect government, this is the kind of stuff that happens.

Ron Paul: Yeah, I think we have been proving our point, but it’s a pretty expensive way to learn a lesson. But I’m not even sure we’ve learned our lesson. Next week or next month or so, there will be a new dictator over there, and I don’t think the money will quit. I think they’ll keep sending the money. And then there will be a new group come in and rip us off. The American people should know about this. They should object to it. When we’re prosperous, they don’t seem to mind too much. But now that we’re in trouble, maybe they’ll wake up and say, “60-70 billion dollars to people who rip us off?! Maybe we ought to quit.” But I’m afraid they’re only going to quit when we go totally bankrupt and our monetary system doesn’t work at all.

Neil Cavuto: Well, you know, sadly, Congressman, you were way ahead of this. And I’ve started crunching the numbers here with our staff. It is staggering. Our foreign assistance bill alone is about $32.8 billion — a big chunk of that going to Egypt, of course. But over the years we’ve forgiven a lot of countries’ debt to us. Twenty-some-odd years ago we forgave about $21-28 billion in loans to Egypt, so that’s just piled onto money we’ve given them. But look at all these countries that are getting significant dough from us. Your son, Rand Paul, raised some hackles when he even included, in that sum of money we shouldn’t dole out, Israel. But both of your greater point is that there is no point to this aid. We don’t get much bang for the buck for it. Right?

Ron Paul: No, it is money wasted. But I think there’s a negative: Not only is the money wasted; I don’t think it really secures our friendships, either. I think it secures insecurity and disequilibrium in these areas. I don’t think it brings about stability. Those regions are unstable. And what it does, it incites the people who, finally, when they get fed up, they rebel.

Neil Cavuto: You’re right about that, Congressman. Because when you realize the rogues’ gallery that we have funded… Let’s just go through Mubarak first off and just review how much Egypt has gotten: $60 billion in U.S. aid. And as we continue here, the cast of characters gets even more nefarious. We’re riffling through some of these, if we can move on from Egypt to the Shah of Iran in the past and some of these others.

Ron Paul: Right.

Neil Cavuto: Good investments at the time, we were told, until we realized, “Uh oh. Their people don’t flip over these guys.” How do we get ourselves extracted from this?

Ron Paul: Well, the people don’t pay enough attention, and we don’t have enough political leadership in Washington to care about it. And then they rationalize, and they talk themselves into “This is an investment.” And–somebody the other day, I heard them say, after this issue came up and they were challenging me–they say, “We have to have friends over there, don’t you know? How are we going to have friends if we don’t–“, they didn’t say it, but, “How do we have friends if we don’t keep bribing them?” is more or less what they’re implying. We won’t have friends unless we–

Neil Cavuto: Well, they’re also saying–I’m sorry, Sir, but they’re saying, “If we don’t bribe them, someone else will.” I know I sound like a Mafioso crime family, saying that. But I guess all this does sound like a Mafioso crime family, that if the Corleones don’t do it, the Scalinis will, you know? It sounds weird, but that’s kind of the way we’ve been doing business, right?

Ron Paul: Let them do it! Yeah, but we couldn’t stop the Soviets from doing it, and they finally bankrupted their country. So they weren’t building their empire by doing too much around the world, and they finally go broke. So if somebody else wants to get involved, let them get involved. We’ll just–you know, they don’t have an incentive; the whole region over there, not Egypt necessarily, but the region will always want to sell us oil. So for us to say that we need to have troops in there, and we need to secure the king of Saudi Arabia and their very abusive civil libertarian system, we just don’t need to do it. And I think it backfires on us, and this is the kind of results that we should expect. We shouldn’t be surprised at this–I mean, if they ripped us off to $60-70 billion. But the whole thing is, How do they do it? They don’t just take the check and put it in their bank account. What they do is they take their check, then they have to build a big army, 450,000 troops, to protect the kingdom. Not for national security reasons in Egypt, but they buy weapons. Then they make deals with our weapons manufacturers. That’s how that comes about. They get kickbacks on that. So it’s all under-the-table stuff, but it is the generation of the system that comes about by us pouring in these hundreds of billions of dollars around the world.

Neil Cavuto: That’s right. You know, Congressman, I’ve got to give you credit. You were on this when nobody was. And when we started going through the numbers, man oh man, it was scary. Thank you, Sir.

Ron Paul: Sure thing.

  • Zakikhan588

    Americans do not give out charity. They covert this money into weapons sales and kick back for American politicians. This is why this will continue for a long time to come. How else can you spend on political campaign. No politician will say this in public.

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  • msungs

    The USS Titanic (economy) hit the iceberg (2008 because of the Federal Reserve as “Federal” as Federal Express’ cheap money). Now the ship is sinking. Ben “Bubbles” Bernanke is trying to keep the ship afloat by printing “Owe”bama bucks at breakneck speeds to try to patch up the gaping hole. Most Americans are in a coma either do to ignorance, not caring, sports, American Idol, or being misinformed by the media. Peter Schiff + Ron Paul are yelling to go to the lifeboats. Most won’t listen.

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  • swift562

    Dr. Ron Paul, you are the true American HERO

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  • bitemebig100

    OBAMA !!!! rules,get with it people obama is the greatest president ever !!!

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  • 48Drifter

    Over 44 million Americans on Govt. Assistance and U.S.mafia still stealing from their poor and giving to coorperate interests. Absolutely disgusting. Make no mistake the majority of U.S. Government is no longer of the people, by the people and for the people. They don’t represent me and my family and I’m forced to pay this mob or else. This sucks.

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  • bitemebig100

    ron paul is a nazi ,who the heck would vote for this commi bitch?he’s just trying to find a way to screw over americans & destroy everything president obama has done….OBAMA IN 2012 !!!!

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  • SteveXnycperformance

    christian problem by the public school system.He also introduce the “progressive education” into the school system.There are many good and godly teachers in the public schools.For the past 45 yrs America`s children have been taught rewritten history and…””…Fact that life on Earth has evolved…” The DNA code + gene destruction + natural selection proof Darwinism, scientifically impossible.

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  • SteveXnycperformance

    By 1962 – The Supreme Court cited the “separation” to Outlaw prayer in public schools.(engel v. vitale 370 U.S. 421)In 1963 – Biblical Creation (the foundation for America`s Freedom) was remove/replace in
    public schools with Darwinian Evolution (the foundation for secular Humanism/Humanist (Man becoming god)). John dewey 1859-1952(athiest) – 1st president of American humanist Association-Signer of the original Humanist Manifesto(founded upon evolution).He stated his goal was to solve the

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  • jn969

    ron paul 2012 baby

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  • soulfeltart

    Ron Paul is The Truth under thousands of layers of Compulsive Lies!
    is this not terrorism- a real question to ask
    if it isn’t- it certainly seems we support it- Why?
    3:22-3:45 – is pretty much what bugs the shit outta me
    half is our own fault that we are out of control- wake up and stand tall is all im sayin!
    and have a nice day!

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  • sdfkjllshadflhadfshl

    Mubarak said that foreign aid is nothing more than transferring wealth from the poor people of wealthy nations to the rich people in poor nations.

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  • soulfeltart

    To “wake up” is a beautiful thing- although I have never “been asleep”. Take a second and observe your world- ask yourself what needs to change to end wars, to have an economy that is nearly crash-proof, where we take an honest look and push toward a peaceful, but very Active change on our own “government” and challenge our failing system- then work on wise solutions to fix this mess we’ve become. For this- I have put my faith and trust into Ron Paul- He doesn’t lie- just listen. Lets do this!

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  • 3rdEchel0n

    If I had a Gold coin every time someone said to Ron “Congressman, you were on this when nobody else was”….

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  • TheDigitalWeb

    Remove the “Career Politicians” that have been in office for 10 – 40 years, Install individuals in DC WE KNOW and TRUST, abolish the Fed. Reserve, and allow ONLY the U.S.Treasury to coin money for the U.S., as per the U.S. Constitution. In other words,run the foreign banksters out of the United States. Clean house in Wall Street, and start over.That can’t cause any more suffering or do any more damage than has already been done. Our country and our children’s futures are in peril!

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  • seanthemedicjudoman

    Lol, “you were on this when no one else was.” Everything that Dr. Paul is on is before everyone else!

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  • SUCKITHARD02

    Not one dollar should leave our country if one person is going hungry or does not have a place to live.

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  • josda1000

    Neil Cavuto always conducts a good interview with Dr. Paul. I’m glad he has a more open mind to being persuaded.

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  • GunClingingPalin

    We are paying for Mubarak’s security… 50% pay raise to government employ = Guns against the people. How about Using that money to arm the people so they can protect themselves? Arm Them!

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  • angelablass

    Cavuto, I respect you for YOUR honesty. Thanks for giving me a lil faith back in our mainstream media.

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  • Mattothee

    I like this presenter! clever guy!

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