Transcript
Judge Napolitano: While Republicans in the House and Senate go back and forth over whether they will support Speaker Boehner’s plan to raise the debt ceiling, there’s one member of the House of Representatives who could not be clearer on the subject: no increase in the debt ceiling, no way, no how. Here to explain is Texas Republican Congressman and presidential candidate, Ron Paul. Congressman Ron Paul, as always it’s a pleasure, welcome back to Freedom Watch.
Ron Paul: Thank you, Judge, good to be with you.
Judge Napolitano: What are the chances that the sound-money, small-government attitude (that you represent so well, that so many millions of Americans send people to the House of Representatives to put into effect) will prevail, and the debt ceiling will not go up? Or, is it a hopeless case, is it going to go up no matter what the logical arguments against it may be?
Ron Paul: I think it’s going to go up because everybody will be scared into it. I think all the talk here in these last several days is mostly politics and it’s sort of like the CR Resolution being passed at the last minute. So it’s who’s going to get blamed and when, and who’s going to get the credit. But I think it will go up, I don’t think in the long term it makes a whole lot of difference because the country has to default because we can’t pay this debt; it’s just a matter of how we pay it. I think this is political grandstanding, but I think at the last minute the debt level will be increased.
Judge Napolitano: Give us the argument in a nutshell about why you, Ron Paul, and many other Tea Party endorsed and small-government colleagues of yours oppose any increase in the debt ceiling, no matter what promises accompany those increases?
Ron Paul: Well, mine will be a little bit different than others, but basically I think many would agree that we have to stop the spending. If we don’t increase the level, then we have to get our house in order. For me it’s a little bit different, because I think the default is coming and I’m looking at how you default. Governments in countries that get this far in debt, never pay their bills, and you can default by not sending the checks out, and that’s what they’re afraid they’ll have to pursue if they don’t get a debt level increase. That’s why I say they will, because all countries keep sending the check out. The real default and the real danger, if we continue to do this, is the default through the devaluation of the currency, and that’s translated into paying for it through higher prices. I think that’s going to be chaotic because we just can’t keep up. I think it will force us to have a change in foreign policy and spending policies here at home. But I think you have to go through a rough time in order to get the people convinced. Some of the kind of things you’re seeing in Greece right now, I’m afraid we’ll have to face up to this. But the default is going to come, but I do believe very sincerely they’re not going to opt for defaulting by not sending the checks out and paying the interest on the debt. That’s not going to happen, I’m very certain that there will be no default on our debt and financing our debt.
Judge Napolitano: Isn’t this a golden opportunity, rare in American political history, to shrink the government back into the confines of the Constitution, to force it to live within its means, and isn’t this an easy thing to do? The Republicans run the House, all they have to do is say, “No” and the argument is over, the borrowing is over, the government starts obeying the laws of economics and the Constitution for the first time in over a hundred years.
Ron Paul: It would be nice to think that, but politics works differently and, you know, when there is any life left into the entitlement system, it’s going to stay alive and it gets louder and angrier and you know there are maybe more people getting checks than those people are producing. So those of us who would like to stop don’t have quite as many allies. So I think it’s going to get a lot worse before they wake up. They’re not functioning very well, and people are realizing how bad it is. But I don’t think we’re going to clean up our act until government no longer functions, and then we’ll have to say what kind of a monetary system do we want, what kind of a foreign policy do we have to have, and what kind of a Department of Homeland Security do we want. But that’s not on the verge of happening and hopefully will come soon, but I believe it will come within the next year or two and we’ll be forced into doing it, which you wished by common sense that we would do it right now. Unfortunately, I can’t tell you they’re going to do it.
Judge Napolitano: Before I let you go, we have about a half a minute left. You’re not only a member of Congress, you’re also running for the Republican presidential nomination. When you make the arguments to the voters in Iowa or New Hampshire or wherever else you’ve being going, like you just made to our viewers, how do they respond to this?
Ron Paul: Very favorably, and more so than before. I always thought, “Well, my supporters come out”. But now the crowds are larger and they’re looking different, so this message is being listened to, but out of necessity if nothing else. So yes, there’s a bigger audience and we have to keep working on it because we can win this, we must win it, because we’re not going to have much left if we don’t win.
Judge Napolitano: Congressman Ron Paul, thanks very much for joining us.
Ron Paul: Thank you, Judge.
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Read Jerky! There will be plenty of money left over for the elderly and the poor if we bring the troops home and stop all these bullshit industrial military wars, get rid of the CIA, Homeland security, the federal reserve,the dept of education, department of agriculture just too name a few, we’ll have far more tax revenue with a strong economy with people working…CUT THIS FUCKEN PORK FAT!! Ron Paul 2012!! The r3VOLution Baby!! If your not part of the solution then your part of the problem!
»crosslinked«
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Read Jerky! There will be plenty of money left over for the elderly and the poor if we bring the troops home and stop all these bullshit industrial military wars, get rid of the CIA, Homeland security, the federal reserve,the dept of education, department of agriculture just too name a few, we’ll have far more tax revenue with a strong economy with people working…CUT THIS FUCKEN PORK FAT!! Ron Paul 2012!! The r3VOLution Baby!! If your not part of the solution then your part of the problem!
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same 2 top comments how orignal
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THE TITLE ALONE WOULD SAVE YOU RE CoUNTRY
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Just the title gets a LIKE
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338 likes, and 3 dislikes. The numbers never lie!
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Ron Paul is not saying suddenly end entitlements, he is saying that they should be phased out. The ones on it now and the ones paying for it already, will still have it if they want, but young people who have not yet begun to pay for it, will not get it.
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Real enemy of Greece, Europe & America – Jew !
Goldman Sachs CEO, Lyold Blankfein is Jew
Deustche Bank CEO, Yosef Ackermann is Jew
IMF Deputy CEO, John Lisky is Jew
Ex IMF CEO, Dominic Strauss is Jew
World Bank CEO, Robert Zoellick 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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We did? it took a couple of years to withdraw all the troops….besides, thats not going to solve the budget problem…its the huge spending we do, the military at least provides jobs in which our servicemembers pay into the system and support the local economies which also creates jobs which expands people payingt taxes who also support the local economy and create other jobs…its a chain reaction affect…just like JFK described in 1962.
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1) No 1 should be on welfare for more than 4 yrs(enough time to get a college degree)
2) If you are on welfare you cannot have children(you get kicked off if you get pregnant, and no free abortion)
3) It’s a 1 time only deal
4) children born to “illegal aliens” can’t get on welfare or any government assistance until they turn 18(and their parents must be deported)
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JUST COME HOME GROW HEMP problem solved!
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STOP SPENDING TRILLIONS IN KILLING INNOCENT PEOPLE AROUND THE WORLD AND MAKING THEM OUR ENEMIES AND THERE IS PLENTY OF MONEY FOR SOCIAL SECURITY, MEDICARE, JOB CREATION, TAX CUTS, ETC…
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i ll admit, i dont know too much about r paul’s position on “entitlements” but is he trying to end them entirely? why wouldn’t he then address the problem of emergency room costs, costs which are a massive portion of healthcare costs? in fact, no one with the exception of obama, im a member of the green party so i dont endorse him, has even addressed this issue. it s a fact that millions of people are econ. and educ. disadvantaged and entitlement programs are their safety net. life &death 4 them
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Ron Paul for British Prime Minister please!!!!
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Is there a way the rest of the world can diplomatically ask Obama to step aside and let Ron Paul run the country.
More harm in Obama, Bernanke, etc short changing the world and inflating their debt away at the detriment to 99.9% of the population. Or going down in one last blazing war.If this was the path a north african leader was taking I’m sure NATO would step in and say let Ron Paul run the ship and they can pay their bill and stop ripping off the world for oil and cheap Chinese Shit.
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Fight the media and get the word out. Write Ron Paul 2012 on every bill in your wallet or purse.
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“In 2011: Federal Govt will spend about $126,000 per second” What the hell do people not get about that?? Ron Paul is the only one with the BALLS to tell it like it is…to bad the Republican party can’t all do the same.
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Sweet.
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Canada votes for Ron Paul. Let’s give the world a break.
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ron pauls good but what is he supposed to do with 14trillion debt?
its like putting a faithful dog i a room full of bears.
america needs a reset button
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Dude Paul is hands down my favorite but Fox news does not advertise him properly because he is not a conservative politician. He prioritize the constitution over conservative politics. Paul is not a liberal or a conservative he is based on constitution regardless if it defends liberalvor conservative values.
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Respond to this video… youtube updates views every hour or so for popular vids
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I support Ron Paul for President 2012! ★ Join the Revolution! ★
Restore America now!
Champion of the Constitution, Defender of Freedom, Taxpayer’s Best Friend
Spread the word!! R[EVOL]UTION!
Ron Paul is a man of the people for the people!
Look Ron Paul up, register as Republican for the primaries and vote, and get him on the ticket for 2012!!
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de ja view-count. Just like last election cycle. only 301 views…..! come on youtube – you are better than this – get on the right side of history and let us see the true figures!. The people want Ron Paul and the entire world needs him as the next President – Even those who haven’t heard of him yet.
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End the Fed
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the only way to win this is to take back the money making from the bank and put back in the hands of the people
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Come on Ron you know all we have to do is print US silver backed currency to the toon of 1.2 tillion then no default no barrowing and no debt or interest on it a win win.
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preach it brother paul
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Let’s sell California, Alaska, Hawaii and Florida
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he better win so all yall go vote
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Regardless if he wins, EVERYONE HERE POST THIS AND ANYTHING ELSE OF RON PAUL TO FACEBOOK, MYSPACE, AND EMAIL. The solution starts with each of us one by one playing our small part. We will force his name everywhere.
Ron Paul 2012
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it makes so much sense that noone will listen.
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If all Americans were to add a hydro converter to their car or truck would cut consumption and dependency to foreign currencies. We have to pay to play the oil game but not simple water. In an emergency you can always piss in your tank!
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Pay to import, is what I see is the only solution to this mess. If the MARTS had to first pay import taxes, than again to cross the state line and again to sell in each state they would think 3 times over before out-sourcing our jobs. Keep the factories in state as they used to be as transporting was too expensive and cheaper for mom and pop small factories. Again THINK WATER NOT WAR for oil and drugs… so cheap to add a converter to your current engine no mater what you use… save up 50%…
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If you were to cut all tax shelters from all making over $10 million a year, the shelters we pay for in the end to fill the void, and make sure they pay their share than not one person would have to pay taxes at all. To free MOM and POP or in state goods from taxation while putting the taxes on out of state and out of country taxes in place of current rules. This would bring back MOM and POP and employment to America again.
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