Ron Paul: "We Will Default Because The Debt Is Unsustainable" | RealClearPolitics
video is in the link.
"When a country is indebted to the degree that were indebted, the country always defaults. We will default because the debt is unsustainable," Rep. Ron Paul (R-TX) said on the House floor today.
"If we dont understand this, this default will not be because we don't send out the checks. We will send out the checks. It will be defaulted on because people will get their money back, or they will get their Social Security checks and it won't buy anything."
video is in the link.