Presidential Candidate says: US going bankrupt

[dantes76]

Presidential candidate Ron Paul, campaigning in Iowa, says that the US is going bankrupt.
Speaking to a group of supporters at the University of Iowa, the Republican candidate said that:

"As time goes on, our country will realize that we can't afford to pay all the promises we've made


He said that our entitlements programs, the wars in Iraq and Afghanistan and our monetary policy are causing such a drain on the country's finances that in the very near future our trading partners abroad will loose confidence in the dollar and then there will be a very severe financial crisis, possibly worse than the Great Depression of the 30's.

He said that we as a nation have made bad judgements in monetary policy and that it is the monetary policy that creates the economic "boom and bust" cycle.

Dr. Paul, who is by profession an OB-Gyn physician, is also closely associated with Austrian School of Economics. (http://www.mises.org). The Austrian School (so named because it was originally developed in Austria, now centered in Auburn, AL) teaches that government intervention in the economy, no matter how well intentioned, always has detrimental effects in the long run. The teachings of the Austrian School, while seldom practiced here in the US, have been the basis of successful monetary and fiscal reforms in some Latin American countries.

Dr. Paul wants to return to US to a sound, Constitutional monetary system, eliminate the Federal Reserve banking system and reduce the size, power and expense of the Federal government.

http://www.digitaljournal.com/articl...going_bankrupt


Traduzione
http://64.233.179.104/translate_c?u=...&hl=it&ie=UTF8

[fluke81]

prestiamogli padoa schioppa che in un anno ha gia risolto i problemi italiani

[8310]

Non è una novità.....

Originariamente inviato da fluke81

prestiamogli padoa schioppa che in un anno ha gia risolto i problemi italiani

macchè prestito, regaliamoglielo pure Dobbiamo essere riconoscenti agli Americani

[Marci]

Originariamente inviato da 8310

Non è una novità.....



macchè prestito, regaliamoglielo pure Dobbiamo essere riconoscenti agli Americani

si così appena alza le tasse e i prezzi vari lo atomizzano all'istante, i calabraghe siamo solo noi

[Korn]

pagare pagareeeeeeee, btw possono indebitarsi quanto vogliono a loro nessuno gli dirà mai niente

[yukyuk]

Originariamente inviato da dantes76

Dr. Paul, who is by profession an OB-Gyn physician

un ginecologo ???

[Pancho Villa]

Gli Stati Uniti hanno un deficit/PIL al 4/5 % in questi anni di alte spese militari e riduzioni fiscali. Non conosco invece il rapporto debito/PIL.

[franklar]

http://www.brillig.com/debt_clock/

Sono più o meno al livello dell'Italia eh