Ron Paul, the economy, real estate, deficit and more
Saturday, July 26th, 2008Ron Paul, the economy">economy, real estate, deficit and more
http://www.mortgagenewsdaily.com/video/embed.asp?id=1734
You should watch this vide with Ron Paul commenting on the economy, the deficit, and where things are headed.
They start off talking about what Europe things about us. Ron talks about saving hundreds of billions every year. Less inflation, saving on the deficit. He feels Obama is talking about expanding the war. He thinks Europe is inflating faster than we are. He talks a lot about how prices are going up around the world. He thinks the government needs to control inflation. He doesn’t see purchasing power increasing soon. He wants to fulfill benefits to those that are entitled. He feels the dollar is going down in purchasing power. Their is talk about printing more money. $300 billion bought by the government in these securities. Ron Paul feels too much spending running up the deficit. They breifly talk about bailing out Fannie and Freddie. He says we won’t let GM fail. He feels we are going to keep continuing to bail out. Ron Paul feels anyone that needs to be rescued will be, Ford or GM or whoever. Ron Paul makes a good argument about how the government is insolvent, but they can raise taxes and print money, and how they have that power.
http://www.mortgagenewsdaily.com/video/embed.asp?id=1734

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