Thursday, June 18, 2009

Ron Paul against Obama's Financial Plan

Tim Geithner is trying to sell Obama's financial plan . Ron Paul responds by saying " you do not stimulate the economy with the same measures that gave us the trouble this is going in the wrong direction . spending more money borrowing more money and inflating the currency will not solve the problem , they make the assumption that there was the the lack of regulations that created the crisis and yet we had tons of regulators and they failed they do not want to look at the root cause which is easy credit artificially low interest rates inflating currency excessive spending , excessive debt too much taxes ...we are going in the wrong direction...they are digging a bigger hole for us
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