Ron Paul advierte .

RON PAUL ADVIERTE

Ron Paul warns that if the country continues along the course it is on, we will witness a three stage slide into social and political chaos, beginning with the current financial crisis, a coming dollar crisis, and culminating in mass unrest.

“We are rapidly moving toward a dangerous time in our history. Society as we know it is vulnerable to political and social unrest. This impending crisis comes as a consequence of our flawed foreign and domestic economic policies, a silly notion of money, ignorance about central banking, ignoring the onerous power and mischief of out of control intelligence agencies, our unsustainable welfare state and a willingness to sacrifice privacy and civil liberties in an attempt to achieve safety and security from an inept government.”

The Congressman elegantly lays out the intricacies of the financial crisis and its history, specifically pointing the finger of blame at the Fed and in particular Ben Bernanke, referring to the crisis as Bernanke’s “very risky experiment with the health of our country and the wealth of our economy.”

“The worldwide financial system built on a foundation of paper has received the shockwaves of an impending collapse. The wild speculation in the derivatives market, the stock market bubble, the insurmountable debt, public and private, and the massive malinvestments have been shattered.”

Paul points out that doubling the money supply can hardly be a solution to a problem stemming from the creation of excess credit.
“It wouldn’t make much sense for a doctor taking care of a very sick patient from severe infection, to deliberately give the patient another infection – yet that is what the PhD doctors are doing to our very sick economy.”
“The only solution so far offered has been to print more money faster, keep interest rates low, at practically 0%, and remove all stops for controlling deficits. These are the very policies that caused the disequalibrium, and doing more of the same, but only faster, can hardly help our economy.” Paul comments.

“When it is revealed that the insider friends of the Fed and Congress get billions of dollars in bailout at the expense of the middle class, it’s no wonder the people are taking to the streets and directing their hostilities towards both Republicans and Democrats in Washington.”

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