Ron Paul: U.S. Government Is Bankrupt; Default Will Come through Inflation

Transcript Anderson Cooper: I spoke to him just a few moments ago. So, Congressman, you’re not willing to support the Boehner Bill at this point, why? Ron Paul: Well, it raises the debt limit, and I’ve made too many promises I wouldn’t raise the debt limit. I’ve never voted for …

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Ron Paul on the Budget Control Act: Mr. Speaker, It’s Time to Tear up the Federal Credit Card!

Ron Paul: This evening Congress is asked to vote for a bill that claims to reduce spending in the future, thereby accepting the fiction that legislation passed today somehow can control Congress in the future. The fate of legislation like Gramm-Rudman-Hollings in 1985 and the 1997 Balanced Budget Act prove …

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Ron Paul’s Debt Solution: Bring the Troops Home, Fire Useless Bureaucrats, Phase Out Entitlements

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 …

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Ron Paul to Congress: If Debt Is the Problem, Why Do You Want More of It?

Transcript Ron Paul: Mr. Speaker, the Congress is concerned about the debt, the people are concerned about the debt, the markets are concerned about the debt, the world is concerned about the debt and what we’re doing here today, because we live with a world fiat dollar standard and so …

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Ron Paul: The U.S. Government Is Defaulting on the American People

by Ron Paul The debt ceiling debate is providing plenty of opportunity for political theater in Washington. Proponents of raising the debt ceiling are throwing around the usual scare tactics and misinformation in order to intimidate opponents into accepting more debt and taxes. It is important to distinguish the truth …

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