Congressman speaks on martial law, auditing the Fed and running for president in 2012
Thursday, August 6, 2009
Texas Congressman Ron Paul, founder of the advocacy group Campaign for Liberty, spoke on a number of issues yesterday including the growing opposition to socialized healthcare, the threat of martial law, his ongoing effort to audit the Federal Reserve and the prospect of running for president in 2012. Below are the highlights of the Congressman’s comments followed by video of the full interview.
Ron Paul on the future of the economy and false optimism:
“There is a limit to how long they can fool the people, if you’ve been out of work and you don’t have enough money to feed your kids, and you listen to this you just don’t buy into this stuff. I’ve always argued that the people are always ten to fifteen years ahead of Congress.”
“There will be a time when the psychology changes, when it turns into a rout, and that’s what they can’t control. But I don’t think there will be a bank holiday, that will help cause panic… they’re not going to close the banks, they’re going to keep the presses running. They don’t default by not paying the bills… if they can inflate by 50% they’ve just defaulted on half of the debt.”
Click on photo to see rest of summary in print and view video if desired.