Ron Paul warns that the US is headed toward collapse and dictatorship

The J-Man has it right. The deficits were created by Bush-era decisions, like the unfunded prescription benefits under Medicare, the unneeded war in Iraq, and the tax cuts for the wealthy. Of course, some of it has come from the bailouts, but nowhere near the level that the other things from the Bush administration.

Daltrey`s Roger wrote:

The J-Man has it right. The deficits were created by Bush-era decisions, like the unfunded prescription benefits under Medicare, the unneeded war in Iraq, and the tax cuts for the wealthy. Of course, some of it has come from the bailouts, but nowhere near the level that the other things from the Bush administration.

It really doesn't matter who the President is or what policy we create. The deficit will continue to rise. This is what Ron Paul is trying to tell us. For every dollar we spend we have to pay it back 150% to the Federal reserve. This becomes and has become a never ending cycle in which we will continue to put ourselves further in debt as long as the Federal Reserve is in our system.

I'll stop here, as I don't want to write a book

Daltrey`s Roger wrote:

The J-Man has it right. The deficits were created by Bush-era decisions, like the unfunded prescription benefits under Medicare, the unneeded war in Iraq, and the tax cuts for the wealthy. Of course, some of it has come from the bailouts, but nowhere near the level that the other things from the Bush administration.

You make it seem like Obama isn't running up trillions in debt. Obama is running up debt at a much faster rate than Bush. Bush never ran a trillion dollar deficit, Obama has done it in 2009 and 2010.

We are genuinely screwed.

Gee, Doc. You make it sound as if you have a simple solution. Please tell us it doesn't have to do with going to the gold standard.

Senior Software Engineer wrote:

All I have to do going forward is figure out how to act like I am hurting and struggling when we get our currency crisis. I don't want the ignorant horde figuring out that I am well off and prepared while they were too busy being stupid. So I will need to act like them a little bit and blend in.

We are tracing your IP address, we are coming for your stash of gold, you can go into your bunker but we will smoke you out.

Someone reads life after the oil crash...

Compare deficit spending vs. GDP with past stimulus binges (the Depression, WW II in particular.) Deficit spending is not the most serious economic problem we're facing. I'm more frightened by the fact that 40% of global growth in GDP came from CHINA, which also holds much of our paper.

And just for the record, Ron Paul's talk of an approaching dictatorship is just crazy talk. I think his sperformance in BRUNO did (another) number on his head. No pun intended.

When are people going to learn that Keynesian ideas don't really work in the real world?

Evidence?

This aint you white boys problem. You think the last civil war was a big deal HA HA!!. Me and my brothers will own ALL real soon. Matter of time you fools.

Widespread wrote:

When are people going to learn that Keynesian ideas don't really work in the real world?

Since it actually works pretty well, quite a long time I would imagine.

Mtn Dew wrote:Obama is running up debt at a much faster rate than Bush. Bush never ran a trillion dollar deficit, Obama has done it in 2009 and 2010.

Which is to be expected considering the economy is in the middle of a downturn. Tax revenues are down.

Both Obama and Bush failed the nation. Even Hillary now wants out of the Administration. I think many in Washington are sensing this is a failed administration.

Anything is a pile of crap. Obama is just speeding up the process.

Do you have any idea what Ron Paul talks about, or are you just so much of an Obama fanatic that you support him without looking into what others have to say? Ron Paul happens to be someone who actually voted against the war in Iraq, and predicted our economic problems during his campaign, unlike any other candidate. Disagree with him or not, at least look into what he has to say, and why your argument that a "textbook Keynesian" is exactly what Ron Paul speaks out against. He truly believes what he talks about, and he's one of the only politicians in washington who can't be bought. That should be enough for you to at least listen before you discredit him. If you disagree, actually know the difference between keynesian economics and ron paul, and think he's an idiot, fine, but that's obviously not the case here.

If any of Ron Paul's ideas were actually implemented the nation's economy would collapse. It's not like the Fed just exists in a vacuum; what do you think would happen if you got rid of it? Similarly, very bad things would happen if we tried to go back to a gold standard.

Here's why he's an idiot. I don't have a problem with his economic arguments--I don't agree with them--but he's entitled to his viewpoint. He's an idiot because he makes the leap from economic hardship to the "black helicopter" stuff. Where does this martial law BS come from, it totally kills any credibility his expertise in economics creates. Our country had far higher unemployment in the Depression--yet we didn't have martial law. We had far higher deficits as a % of GDP during WWII--no outbreaks of hysteria.

Ron Paul is a Jesus Fundamentalist who hates Jews, Asians, Arabs, Blacks, and Mexicans. The dude is a wack job. He even hates his own white race (the Mexicans, Jews and the Arabs are whites too).

My 2 cents on Ron Paul: He is like a smart car, initially it sounds like a good idea but the more you find out the worse it seems. Smart cars, like Ron Paul, have cult followings.

I won't go into the economic argument. Ron Paul has said (I cannot find the quote right now) that the states have the right to regulate speech because the Bill of Rights say "Congress shall pass no law." Most of the Bill of Rights are incorporated to the states though the 14th Amendment.

Ron Paul also said that all international organizations are inherently illegitimate and the US should evict the UN. Regardless of what you think about the UN, international treaties are specifically allow for in the Constitution.

Ron Paul is in the dubious position of never getting elected to where he can shape policy (voting no to everything isn't shaping policy). The plus side is he can say whatever he wants because he cannot be proven wrong.

That said, there is no doubt that Ron Paul believes what he says and stands by it.

I forgot to add that I invested in a lot of lead if you know what I mean.