News and Politics | July 29, 2008 | 6 comments

Ron Paul warns of major economic event

bansheewail
Texas Congressman Ron Paul made a short appearance on the nationally syndicated Alex Jones show yesterday and elaborated on his recent warning of an imminent major event that could send liberty into hibernation. Referring to his statement before the House last week in which he warned of "chaos about to be unleashed" on the economic and political system, the Congressman told listeners: "Most of the thoughts going through my mind concerned the relationship of foreign policy and how it's draining and bankrupting us and the critical problems that we have in the financial sector today." "I dwell on the dollar because hundreds of billions of dollars have been allotted to bail out the housing program, that puts weight on the dollar, and the dollar is going down so we can expect a lot of inflation and a weak economy and I think we're seeing the beginning of a major economic event." Paul continued. "If you don't save the dollar, everybody is going to suffer a lot more than anyone ever dreamed of, I mean you can keep trying to prop up the system and reinflate the bubble, and try to care of everybody receiving welfare checks, but what happens when the money doesn't buy anything?" (Article continues below)
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6 comments // Ron Paul warns of major economic event // Video

  • twodee
    • 0
      twodee  
    • I am not a Ron Paul fan but he sure has this right. Some say there is an Oct. 7th "event." but that is too freaky to think about... (Government waving arm) move along... go back to what you were doing... nothing to see here...

    • 3 years ago
  • ihateyou
    • 0
      ihateyou  
    • This has been building up for some time and the stupid iraq war has just escalated all our problems. I think they wanted it too happen tho, so they can get their nwo.
      i dont blame them i blame the majority of the american people. We just sit back and let them F*CK us up the ass, but hey at least they give us a tax break on the bottle of lube

    • 3 years ago
  • Premitive1
  • cleansouth
  • bansheewail
    • 0
      bansheewail  
    • Check this out brothers and sisters> We could be in for a hard fall. If China calls in our debt,.......
      and if Venezuela cuts off our oil.....
      and if OPEC drops the dollar peg ans starts valuing barrels of oil in Euros instead of the all mighty dollar,.......

      WE ARE ROYALY F-ED!

    • 3 years ago
  • ivxx
    • 0
      ivxx  
    • bansheewail:

      Or we "start" a north american union and change are currentcy to the amero and tell China that this new country doesn't own them the debits of the old country

    • 3 years ago
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