Ron Paul: Stimulus Package will turn Recession into Depression

[JeRmZ]

Article here ...

http://www.infowars.com/ron-paul-sti...-a-depression/

“We got into this mess by spending too much, borrowing too much and inflating too much. Government was too big and we had too many regulations. We had rejected the market economy for decades, we have rejected the notion of sound money for decades, and we got into a mess this way. So what is the proposal? Spend more money, borrow more money, print more money, regulate more, it makes no sense whatsoever.” Paul asserted.

Brilliant!!! Unfortunately due to mainstream media controlling who is selected as president, guys like Paul will never have a chance!!!

It's time we put some regulation on the Federal Reserve .....

what say you!

[OnePimpTiger]

Amen and amen! The main reason we're in this problem is because the Fed took us off the gold standard and the value of the dollar tanked. Now, instead of returning to the gold standard to increase the value of the dollar, the Fed wants to print more money, which will only make it worth less. Think about it, it's not rocket science: If each dollar is worth less, it takes more of them to buy things...if the dollar is worth more, it takes fewer of them to buy things.

This is my favorite quote from the article:

“It’s because the government is spending it. If the people were spending it it would be fine, but the government never does anything productive. They have to take money from productive individuals and spend it in non productive ways, so it’s just digging a bigger hole, getting us into bigger debt, and that is the problem.” Paul said.

This is what I've been saying for years. Everyone knows the government is the most inefficient and ineffective orginization in the country, so why do we ask them to handle the most important financial problems? Take the money and the power out of the government's hands, let the free market work it's magic, and we will recover much faster than letting the government put it's clumsy, ignorant, corrupted hands into things.

I made a mistake by not voting for Paul this year because I didn't think he had a chance. I won't make that mistake next time...even if it's a wasted vote, I'm tired of picking between two idiots who have no clue what is best for the country.

[JeRmZ]

Well I voted for Paul ... even though I knew he had no chance. It made me feel better about my selection if nothing else.

Now if only like you said we could take the power from the money hungry grubbers that we call our government ... unfortunately their are people behind the people that would NEVER let that happen!! Sad but true!!!

[cubsarelife]

Paul was a fantastic candidate... and I could not agree more with that quote

[daniel3417]

Paul is a Libertarian with an R beside his name. Those who support him ought to have voted for Bob Barr. There would be no "stimulus package" with Barr or Paul.

[streicher187]

NEWS flash thanks to the last 8 years it's pretty close to a depression just look around

[daniel3417]

NEWS flash thanks to the last 8 years it's pretty close to a depression just look around

Obama's $1 trillion package is the issue. Not the year 2003.

[OnePimpTiger]

The two main problems with the economy is the Fed took us off the gold standard, which liberals are not fighting any more than conservatives are, and the housing crash, which was caused by legislation promoted by Clinton and fought hard for by Democrats.

[daniel3417]

Weren't we taken off the gold standard in 1975?

[Rockman]

Weren't we taken off the gold standard in 1975?

I believe we went off it during WWI. Then we went back on it a few years later, and then Nixon I think it was finally axed it.

I could be wrong but I think that's a brief modern history of gold standard in the U.S.