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Wednesday, February 15th, 2012

Ron Paul: Bailout Bill Would ‘Destroy the Dollar’

Posted on: Sep 29th, 2008 | By Contrarian Profits | Filed under Featured, Financial News

Hank Paulson’s bailout bill is in the dustbin thanks to the 94 Democrats and 133 Republicans in Congress who voted against it.Congressman Ron Paul (Rep.) pretty much summed it up in his speech before the doomed bailout bill.

He put the blame for the current crisis firmly on the shoulders of the “managed economy,” “an inflationary system,” “corporatism” and “a special interest system.”

He also warned that promoting more and more US government intervention would have “disastrous” consequences for the global economy and the US dollar.

See for yourself…

More on this topic (What's this?)
Crunch Time in Greek Bailout Talks
The Chicago Sessions
Read more on 2008 Financial Crisis at Wikinvest

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  1. this was removed from the alex jones site mysteriously. your the first google hit that hasn't "dissapeared". funny how everything he says is based on a true story and its not even getting much press.

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