Ron Paul’s First Interview after Leaving Congress: We Don’t Have Capitalism, We Don’t Have Free Markets

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Transcript

Ron Paul: The financial political crisis is a consequence of excessive debt, unfunded liabilities, spending, bailouts and gross discrepancies in wealth distribution going from the middle class to the rich. No good has ever come from granting monopoly power to the state to use aggression against the people to arbitrarily mould human behavior. Such power, when left unchecked, becomes the seed of an ugly tyranny.

Neil Cavuto: Don’t look now, but Paul the Apostle has just wandered into the desert – not the biblical Paul, but the political Paul. But you’d have a very hard time distinguishing between the two, since Ron Paul supporters also have darn-near religious fervor for their unlikely leader. And why not, the former Texas Congressman and presidential candidate single-handedly galvanized a nation to think that libertarianism isn’t a crazy science. In Washington, it’s about basic math: money in, money out. A lot more money is going out than coming in, which is a bad combination. Before anyone, and I have covered everyone, Ron Paul was first [demurring] its disastrous consequences even before that guy, Ross Perot. He joins me now on the phone for his first interview as a former Congressman.

Welcome, sir, it’s very good to have you.

Ron Paul: Thank you, Neil, it’s nice to be with you again.

Neil Cavuto: At the risk of sounding smarmy and disingenuous, Congressman, I think you are among the smartest, sharpest and most [prissy] of public officials I have ever had the honor of speaking to. Now, I know that might not sound as a complement, but it is. And I wonder, with a voice like yours gone, who watches the tail, who watches all the money going out of Washington?

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