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Ron Paul: Election shows U.S. 'far gone'

beretta304

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Rep. Ron Paul, whose maverick presidential bids shook the GOP, said in the wake of this week's elections that the country has already veered over the fiscal cliff and he sees no chance of righting ship in a country where too many people are dependent on government.

"We're so far gone. We're over the cliff," the Texas Republican told Bloomberg Television's "In the Loop" program. "We cannot get enough people in Congress in the next 5-10 years who will do wise things." The video can be seen at Ron Paul: We're Broke and Already Over Fiscal Cliff: Video - Bloomberg.

Mr. Paul, who is retiring after 12 terms in the House, said voters on Tuesday rejected Mitt Romney because he had opposed the government bailout of General Motors and Chrysler.

"The people in the Midwest voted against him: 'Oh, we have to be taken care of!' So that vote was sort of like what we are laughing at in Greece," Mr. Paul said.

"People do not want anything cut," he said. "They want all the bailouts to come. They want the Fed to keep printing the money. And they don't believe that we've gone off the cliff or are close to going off the cliff. They think we can patch it over, that we can somehow come up with some magic solution. But you can't have a budgetary solution if you don't change what the role of government should be. As long as you think we have to police the world and run this welfare state, all we are going to argue about is who will get the loot."



Read more: Ron Paul: Election shows U.S. 'far gone' - Washington Times Ron Paul: Election shows U.S. 'far gone' - Washington Times
 

TakeAStepBack

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That crazy old man is so crazy! Budgetary solutions and the role of government! Ha!

We have money printers, keynesian voodoo economists, narcissists and moonbats running shit. We dont need no stinking budgetary solutions or a redefining of the role of govt. We need MORE govt. Lots more. I'm talkin about 100 of trillion in debt. We need more M1 and M2. We need to police the damned world until we find the last boogeyman.

That dude is crazy!
 

waltky

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Its make or break for fiscal cliff - but watch `em kick the can down the road again...
:eusa_eh:
With 'fiscal cliff' looming, Congress facing compromise or confrontation
Thu November 8, 2012 - Congress faces an end-of-the-year deadline or "fiscal cliff"; Massive spending cuts are scheduled to kick in and tax breaks begin to expire; Both parties agree Tuesday's vote was a mandate to compromise, avoid the fiscal cliff; But party leaders continue to sharply disagree over the key issue of top tax rates
A day after an election that both parties agreed was a mandate to find compromise and avoid the so-called fiscal cliff, Democratic and Republican congressional leaders also continued to sharply disagree over the key issue of whether top tax rates should be raised to help resolve the looming crisis. Republicans said higher rates would damage the economy, while Democrats said it was the only equitable way to tackle the debt.

Congress faces an end-of-the-year deadline before massive spending cuts kick in and tax breaks begin to expire, including the Bush-era tax cuts at the end of December. The fiscal cliff also includes so-called sequestration -- automatic across-the-board spending cuts set to trigger at the beginning of 2013 if Capitol Hill fails to create a deficit-reduction plan.

In a formal speech on Capitol Hill Wednesday, House Speaker John Boehner sounded conciliatory even as he made it clear higher tax rates would be unacceptable to Republicans who control the House. "For the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue, under the right conditions," Boehner said.

The speaker then insisted the revenue come from "a growing economy, energized by a simpler, cleaner, fair tax code, with fewer loopholes and lower rates for all," and not from higher rates on higher earners. As part of a broader compromise, Boehner said that tax reform must be coupled with "concrete steps to put our country's entitlement programs on a sounder financial footing."

MORE

See also:

Stocks Tumble on Eurozone, Fiscal Cliff Worries
11/08/12 --- The major U.S. equity averages reversed early gains Thursday as fresh worries about the eurozone and fiscal cliff overshadowed upbeat domestic labor market and trade data.
Concerns about Greece's stability were back following a Bloomberg report that the European Union won't decide on whether to provide the next round of bailout funds for the country until sometime next week. At last check, the Dow Jones Industrial Average was down more than 47 points, or 0.37%, at 12,885.

The blue-chip index, which began the session up 5.85% in 2012, suffered a steep loss on Wednesday, falling more than 2% to close below 13,000 for the first time since early August, in the wake of President Barack Obama's defeat of Mitt Romney in the presidential election.

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GeoLaureate8

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Ron Paul being right as always. But nobody listens. Shame.




.
.
 

WillowTree

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Rep. Ron Paul, whose maverick presidential bids shook the GOP, said in the wake of this week's elections that the country has already veered over the fiscal cliff and he sees no chance of righting ship in a country where too many people are dependent on government.

"We're so far gone. We're over the cliff," the Texas Republican told Bloomberg Television's "In the Loop" program. "We cannot get enough people in Congress in the next 5-10 years who will do wise things." The video can be seen at Ron Paul: We're Broke and Already Over Fiscal Cliff: Video - Bloomberg.

Mr. Paul, who is retiring after 12 terms in the House, said voters on Tuesday rejected Mitt Romney because he had opposed the government bailout of General Motors and Chrysler.

"The people in the Midwest voted against him: 'Oh, we have to be taken care of!' So that vote was sort of like what we are laughing at in Greece," Mr. Paul said.

"People do not want anything cut," he said. "They want all the bailouts to come. They want the Fed to keep printing the money. And they don't believe that we've gone off the cliff or are close to going off the cliff. They think we can patch it over, that we can somehow come up with some magic solution. But you can't have a budgetary solution if you don't change what the role of government should be. As long as you think we have to police the world and run this welfare state, all we are going to argue about is who will get the loot."



Read more: Ron Paul: Election shows U.S. 'far gone' - Washington Times Ron Paul: Election shows U.S. 'far gone' - Washington Times

He has in part his rabid supporters to thank for that.
 

WillowTree

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Ron Paul being right as always. But nobody listens. Shame.




.
.

He was defeated fairly and squarely and his supporters voted obama to punish the Republican party. So he has the likes of you to thank for the outcome of this election.
 

DiamondDave

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Ron Paul being right as always. But nobody listens. Shame.




.
.

On domestic and fiscal policy.. oh hell yeah, he is right a lot... Now would I take a lot of his advice on foreign policy? Oh hell no.. and that is why he was really not embraced... but I think our persons in leadership would be very wise to take his advice on the reduction of government and government spending

Won't happen though
 

TakeAStepBack

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Ah, poor willow. Just teeth nashing at everyone because her favorite GOP/RNC cheated, changed rules adn in turn, even after Romney clearly won, they had to kick our candidate in the back along with his supporters out the door. Then has the nerve to say that supporters that wrote Paul in or voted Johnson ws punishing the corrupt and cheating GOP.

Blame yourself and your party for your failures. It's the mature thing to do.
 

Avatar4321

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We're now no better than Greece,

We will soon find out as even Obama will have to choose between cuts and the same old shit by 2016.

We will be worse than Greece.
 

TakeAStepBack

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:lmao:

You guys make it sound like Romney was actually going to save us from the fiscal cliff. His/Ryan's budget, remind us again when it balanced?

2030, or was it 2040? :rolleyes:
 

rightwinger

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This coming from a man who wants to return the US to the Gold Standard?

:lol:
 

DiamondDave

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This coming from a man who wants to return the US to the Gold Standard?

:lol:

Coming from a supporter of the print more money, tax more to get money, borrow more money, and still spend over that amount on entitlements, handouts, and inane government projects, standard
 

TakeAStepBack

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He's also the man that predicted the real estate bubble burst long before anyone else saw the writing on the wall.

But retards-r-us wouldn't have a clue about economics. Just look at rightwinger. Probably thinks the gold standard is the star he gets for spelling his name right in class.
 

Kevin_Kennedy

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Rep. Ron Paul, whose maverick presidential bids shook the GOP, said in the wake of this week's elections that the country has already veered over the fiscal cliff and he sees no chance of righting ship in a country where too many people are dependent on government.

"We're so far gone. We're over the cliff," the Texas Republican told Bloomberg Television's "In the Loop" program. "We cannot get enough people in Congress in the next 5-10 years who will do wise things." The video can be seen at Ron Paul: We're Broke and Already Over Fiscal Cliff: Video - Bloomberg.

Mr. Paul, who is retiring after 12 terms in the House, said voters on Tuesday rejected Mitt Romney because he had opposed the government bailout of General Motors and Chrysler.

"The people in the Midwest voted against him: 'Oh, we have to be taken care of!' So that vote was sort of like what we are laughing at in Greece," Mr. Paul said.

"People do not want anything cut," he said. "They want all the bailouts to come. They want the Fed to keep printing the money. And they don't believe that we've gone off the cliff or are close to going off the cliff. They think we can patch it over, that we can somehow come up with some magic solution. But you can't have a budgetary solution if you don't change what the role of government should be. As long as you think we have to police the world and run this welfare state, all we are going to argue about is who will get the loot."



Read more: Ron Paul: Election shows U.S. 'far gone' - Washington Times Ron Paul: Election shows U.S. 'far gone' - Washington Times

He has in part his rabid supporters to thank for that.

We didn't go over the cliff in 48 hours.
 

Kevin_Kennedy

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