by Ron Paul
Imagine you had a pesky neighbor who somehow took out a mortgage on his house in your name and by some legal trickery you were obligated to pay for it. Imagine watching this neighbor throw drunken parties, buy expensive cars, add more rooms to the house, and hire dozens of people to wait on him hand and foot. Imagine that he also managed to take out several credit cards in your name. One by one, he would max them out and then use your good name and credit to obtain another credit card, then another and then another. Each time, this neighbor would claim that he needed the new credit card to pay interest on the other maxed out credit cards. If he defaulted on those cards, your credit score would be hurt and when you wanted to buy something for yourself, it would be more difficult to get a loan and the interest you paid would be higher. Imagine that you mulled this over, and time after time, said nothing as he filled out more credit applications so he would not have to default on the other debt taken out in your name. Meanwhile, another shiny new Mercedes appears in his driveway. At what point do you think you might get tired of this game? And, even though you are left with no really good options, do you think you might eventually tell him to go ahead and default, just stop spending your money!
This analogy demonstrates the position we are in with our government and the debt ceiling. The government has run up a huge debt in the name of the American people, who are sick and tired of being on the hook for it. There are no really good options left. Defaulting on a portion of the debt may not be without costs, but it is better than handing the government yet another credit card.
The government is using the usual scare tactics to strong-arm the people into going along with more spending. Remember the rhetoric surrounding the big bailout of October 2008? We were told, not that this would be calamitous for the banks, but for the people, who would continue to experience massive job losses and foreclosures. We were told that the economy would sink into a deep recession if this money was not handed out to too-big-to-fail corporate cronies. So, after much hand-wringing, leaders from both parties, against unprecedented public outcry, agreed to shower money on the banks and increase the debt. The banks learned nothing, except that Washington will come to their rescue, no matter what. The people, however, continued to lose their jobs and houses anyway, and here we are, still in a deep recession.
When you read the above example, your first reaction might have been to dismiss the neighbor’s debt as illegitimate and in no way your responsibility or your problem. You would be right. No fair-minded legal system would hold you responsible for such a debt, and would instead cart your thieving neighbor off to jail. Yet Congress can impose liabilities on you, your children, and grandchildren without your consent, and even without your knowledge. This is another example of government holding itself above the law. Much like the TSA claims the right to molest us, yet arrested a woman who turned the tables last week, stealing somehow becomes legitimate when the government does it.
We supposedly live in a nation of laws. For once, government needs to heed the law regarding the debt ceiling.
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If Ron Paul would stop the Tort Reform in Texas, then he would be doing something. In texas if you die on operating table, they have capped the malpractice tab. Americans are sick and tired of being guinea pigs and dying threw medications, blotched surgeries, etc.
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sounds like he is reading
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I cant’ hear anything…
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the view count for Ron Paul youtube videos always seems to hover at around 302 , even if there are 4800 thumbs up: )
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Great analogy by the good doctor.
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The reason Dr. Paul has the support of young people like me overseas (UK) is that he accurately described Freedom as a young and new ideal. I, unlike many my age, can see with clarity the brain washing perpetrated by the medium. Dr. Paul not only inspires me by his outstandingly diligent fight against corporatism but also by the fact that he is accomplished in every other aspect of his life be it family life, academia, philosophy, faith and so on. A Beacon of the human race. He holds the torch.
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Real enemy of Greece, Europe & America : Jew
Goldman Sachs CEO, Lyold Blankfein is Jew
IMF Deputy CEO, John Lisky is Jew
Ex IMF CEO, Dominic Strauss is Jew
World Bank CEO, Robert Zoellick is Jew
Ex World Bank CEO, James Woolfesen is Jew
Fed Chairman, Ben Bernanke is Jew
Ex Fed Chairman, Alan Greenspan is Jew
Obama Treasury Secretary, Timothy Geithner is Jew
George Bush Treasury Secretary, Hank Paulson is Jew
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Amen! We cannot allow our children to inherit our debts due to OUR inability to control OUR politicians. We are all responsible for letting it go this far. We all need to be part of the solution. Thank you Ron Paul for showing us the way. It is up to us to get it done! Fight for your future! Fight for your children’s future! Fight for AMERICA! She has never needed her citizens so much!!!! WAKE UP AND FIGHT!!!!!
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it is very hard to hear this
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Volume is too low.
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can you beleive all those other fucks supporting that tool romney? and bachman? and obama? and cain?
get the fuck outta here.
hopefully whoever is reading this loves liberty and votes ron.
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Top 16 Reasons to Impeach & Prosecute Barack Obama
(Bush, Rummy, Cheney, Kissinger, Clinton etc)
1.Assassinating Americans 2. Bypassing Congress 3. Domestic Spying 4. Drug War 5. Gun Running 6. Illegal Searches 7. Illegal Wiretaps 8. Illegal Wars 9. Kidnapping 10. Life in Prison even after acquittal 11. Obstruction of Justice 12. Raising Debt 13. Torture 14. Treason 15. Using DU on Civilians & US Troops 16. War Crimes
It’s NOT about the Left or the Right!
Ron Paul 2012!
—RevolutionNews.US
»crosslinked«
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The country is broke…How are they going to pay for Obama care much less the current debt ???? The real depression looms……
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Hope nobody minds, just trying to help out.
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It’s at bit.ly / pAH2L9
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I posted a video response to this one which has louder audio.
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go paul!!
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Real Americans tell the TRUTH!
Real Americans treat the world with respect.
Real Americans value the Constitution.
Real Americans value Human rights.
Real Americans value the environment.
Real Americans believe in equality.
Real Americans fight for veteran’s benefits.
Real Americans fight for peace, not for war.
Real Americans want to be respected, not feared.
Real Americans want to lead by example, not by gunpoint.
I am a real American.
I am a patriot. Ron Paul 2012! We the People 2012
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Ron Paul is an Ancap!!!!!
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I <3 Ron Paul
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Ron Paul and the end of america
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I’m going to see you tomorrow Dr Paul!
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that analogy reminded me of Scottsdale Arizona. I’m glad i moved back to Iowa. I’m with you Ron Paul. I am with the Constitution intill the end.
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cant hear a word!
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Ron Paul is a living breathing founding father and hopefully the next President of the USA…We’ve gotta end this phony war on terror & the real wars in the middle east..The money pit,and pyramid scheme of the war on drugs,& the police state that is caused by the DHS,& FEMA…We “everyone” are on the list & are all guilty if we don’t fall in line and baaaah like the sheep they want us to be! RON PAUL 2012
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Please adjust the volume! I can’t hear a thing!
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Hope you are in good health Mr. Paul, you sound a little under the weather. Good luck with the presidential race, I will be voting for you.
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Hey, could you make this louder next time? Thanks as always!
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dose!? bad hell?? are you 12?!
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PROTECT THIS MAN AT ALL COSTS!!!
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Truth, Justice, & The Ron Paul Way.
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And yet no one dose anything about it. We are so totally going to bad hell.
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Ron Paul > everything
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epic!
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