Archive for credit

You are browsing the archives of credit.

Ron Paul: Common sense tells us that we can’t live on credit

In Thursday’s interview with Steve Gill, Ron Paul explains that common sense tells us that we can’t live on credit, how savers are being cheated, and why there should be more accountability in government spending.

Show: Steve Gill Mornings
Host: Steve Gill
Date: 3/12/2009
Transcript:
Steve Gill: We have Congressman Ron Paul with us, and Congressman, I’m going to give [...]

Ron Paul: Credit Is Not Capital

YouTube Channel: Financial Services Republicans
Date: 2/25/2009
Transcript:
Ron Paul: Today the Chairman of the Federal Reserve Board was before the Financial Services Committee. I did get a chance to ask him a question or two and I made the point that we can’t continue to work on the assumption that credit comes out of thin air, that [...]

A Nation on the Verge of Bankruptcy

by Ron Paul
It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases have been placed in “must pass” legislation as a means to guarantee that Republicans as well as Democrats would vote for them when [...]