Ron Paul to Congress: Stop Stealing from the American People

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.

  • 99butcher99

    this analogy has nothing to do with reality. Neither does Ron Paul. He has some good ideas but most of his stuff is totally nuts.
    The recession continues because of Republican idiots like this.
    If Ron Paul is correct and defaulting on the debt has no affect on markets or economy what happens. Nothing. However if Ron Paul and the teabaggers are wrong and the entire world economy collapses then what? How will you justify to your starving families your big mistake.

    Like or Dislike: Thumb up 0 Thumb down 8

  • chico280

    As someone who donates to the R.Paul campaign, I feel it is important to get his message out. How can we do that if we can’t even hear what the guy is saying? I currently have my volume cranked on my laptop, and cannot hear it. . And this is not the first one i’ve seen with bad sound quality. Get it together please!.

    Like or Dislike: Thumb up 0 Thumb down 0

  • chico280

    Please re-upload wih decent sound!

    Like or Dislike: Thumb up 2 Thumb down 0

    • Bruce B

      I’ve noticed audio problems with many of Dr. Paul’s videos. Sabotage?

      Like or Dislike: Thumb up 2 Thumb down 0

  • noorgard1

    Ask for a one time sales tax instead of an ongoing property tax; so that people could own their own homes

    Like or Dislike: Thumb up 1 Thumb down 0

  • rondygal

    I say default and let’s start rebuilding. It is coming anyway, might as well do it and hae that part behind us. That way we won’t owe the amount between then and now. I don’t kn9ow how we are ever going to repay what we owe as it is, but let’s stop adding to it. Things are going to be bad either way

    Like or Dislike: Thumb up 1 Thumb down 0

  • standforchange08

    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.

    Like or Dislike: Thumb up 0 Thumb down 0

  • Razlo5000

    sounds like he is reading

    Like or Dislike: Thumb up 1 Thumb down 0

  • jn696

    I cant’ hear anything…

    Like or Dislike: Thumb up 0 Thumb down 0

  • doogleandalix

    the view count for Ron Paul youtube videos always seems to hover at around 302 , even if there are 4800 thumbs up: )

    Like or Dislike: Thumb up 0 Thumb down 0

  • LucifersArgument

    Great analogy by the good doctor.

    Like or Dislike: Thumb up 2 Thumb down 0

  • LucifersArgument

    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.

    Like or Dislike: Thumb up 7 Thumb down 1

  • Stevie68000

    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

    Like or Dislike: Thumb up 0 Thumb down 14

  • liberty49855

    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!!!!!

    Like or Dislike: Thumb up 8 Thumb down 0

  • theIneluctable1

    it is very hard to hear this

    Like or Dislike: Thumb up 0 Thumb down 0

  • XulChris

    Volume is too low.

    Like or Dislike: Thumb up 1 Thumb down 0

  • brownspottedbanana

    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.

    Like or Dislike: Thumb up 2 Thumb down 1

  • RevolutionNewsDotUS2

    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

    Like or Dislike: Thumb up 7 Thumb down 1

  • avionicswirenut

    The country is broke…How are they going to pay for Obama care much less the current debt ???? The real depression looms……

    Like or Dislike: Thumb up 6 Thumb down 1

  • Twichard

    Hope nobody minds, just trying to help out.

    Like or Dislike: Thumb up 0 Thumb down 0

  • Twichard

    It’s at bit.ly / pAH2L9

    Like or Dislike: Thumb up 0 Thumb down 0