Wednesday, February 25, 2009

Ask Anyone

You cannot spend your way out of debt. Especially when you added in nearly a trillion dollars to the debt. *coff* Barack *coff*
The problem with this rhetoric is that it is based on a misunderestimation of the historic proportions of what has happened to the U.S. economy since 2006. We are not merely in a transitory slump that can be cured by Keynesian "pump-priming." The collapse of the housing bubble exposed systemic weaknesses in the American financial structure.
Like him or love him, this was over two years ago when Ron Paul gave this speech.

(below the fold)

Thanks to RMS

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