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[bacasper]

Once again, telling it like it is.

Ron Paul: Obama�s �goal� is economic collapse

By David Edwards and Stephen Webster

Published: June 23, 2009
Updated 1 day ago

Ron Paul, the popular Republican Congressman from Texas, is ripping into the president and Congress for what he sees as their �goal� with round after round of stimulus: complete economic collapse.

�From their spending habits, an economic collapse seems to be the goal of Congress and this administration,� he said in his June 22, 2009, weekly address.

He added that Democrats who voted for the president�s war funding request, which gave an additional $106 billion to military operations in Afghanistan and Iraq � among other, unrelated items � were actually voting in favor of the wars, not just authorization of the president�s agenda.

He called it an affront to everyone who believed a vote for Obama was a vote for a peace candidate.

The president�s insistence on including an additional $108 billion in asset exchange with the International Monetary Fund is merely �buying global oppression,� he said.

Paul added that, �this [bill sent] $660 million to Gaza, $555 million to Israel, $310 million to Egypt, $300 million to Jordan and $420 million to Mexico; and some $889 million will be sent to the United Nations for so-called peace keeping missions.�

In other words, the latest U.S. war funding was an �International bailout,� he said.

The legislation�s provisions for the IMF included 100 billion dollars for the New Arrangements to Borrow (NAB), a credit instrument providing the multilateral institution with additional resources to deal with exceptional risks to the stability of the international monetary system.

They also include an expansion of the nation�s special drawing rights by five billion SDRs, adding roughly eight billion dollars to the IMF�s financial firepower.

The 100 billion dollars for the NAB acts as a credit line for the IMF in case member countries need emergency loans that exceed the institution�s resources. As such, the money is not considered an immediate budget expense.

Sen. Jim DeMint (R-SC) had proposed to strip out the IMF funds, but his measure was defeated in May by a vote of 64-30.

�Not only does sending money to the IMF hurt citizens here, evidence shows that it even hurts those it pretends to help,� Paul said. �Along with IMF loans come IMF required policy changes called �structural adjustment programs,� which amount to forced Keynesianism. This is the very fantasy-infused economic model that brought our own country to its knees.�

This audio is from Congressman Ron Paul�s weekly address, released June 22, 2009.

at link

[visitorq]

I think it's intentional too -- it has to be. They're just trying to milk the dollar for every last bit of its worth, pumping it into the military (maybe preparing for an expanded war for all we know) and go out with a controlled bang. In any case, they're prepared for it.

[RJjr]

I don't think they actually want the economy to collapse. They just want to loot as much as possible before the thing implodes. They're abusing their positions of authority.

It would be like firemen called to put out a blaze at a mansion in Anytown, USA. Instead of putting out the fire, the firemen see gold bars laying in an open safe and diamond jewelry laying on the dresser. They go nuts, lay down their water hoses, and stuff their pockets full of the valuables as the fire builds into an inferno. The firemen aren't wanting the house to burn and collapse. They're just too busy looting to care. Screw the homeowner. The firemen can go live big in Switzerland, the Cayman Islands, or Israel now. The homeowner in Anytown, USA will just have to move on with his life and find a way to rebuild.

[bacasper]

^I like your analogy.

[Tiger Beer]

Well, regardless if McCain or Obama were in, the country is spiraling towards economic collapse. Personally I think McCain would have taken us there even faster with his intense military spending in overdrive that he wanted to do.

Obama was always a confusing one. The Republicans and Conservatives CONSTANTLY tell us how military the Dems will withdraw us from everything and we'll be defenseless, however all of Obama and Dems messages were the exact opposite to those propoganda campaigns.

So, basically, Obama/Dems are just doing the military thing as they said they would be doing all along anyways.

If someone DIDN'T want to do the military thing, RON PAUL and a few other DEMS like KUCINICH were the ONLY few talking about it.

To vote in Obama, and than assume he was somehow turn into a Kucinich/Ron Paul when it came to the military, was probably throwing away your vote.

ANYWAYS...yeah, economic collapse is written down regardless if McCain or Obama got in, but I think Obama in the presidency will make it a bit ligher of one, whereas with a McCain, I think a brutal no-care, no-interest, no-policy to even consider helping people through it would have occurred.

[visitorq]

[bacasper]

[bucheon bum]

[lithium]

[bacasper]

[Tiger Beer]

[RJjr]

[princess]

Of course. The new world order and all it stands for has been in the makings for years. But so many people are fooled. They actually think things will get better. Afraid not...