Showing posts with label Federal deficit. Show all posts
Showing posts with label Federal deficit. Show all posts

Tuesday, June 28, 2011

Ron Paul is pro-bankruptcy


Last week, Ron Paul introduced legislation to allow states to regulate their own marijuana industries. He is pro-decriminalization.
Not surprisingly, he's pro-bankruptcy too.
This week, the Texas Congressman and Presidential Candidate said that the US should stop paying it's debts and default.
Yes he did.
He'd settle for not paying the Fed, whom he wants to audit.
"We owe, like, $1.6 trillion because the Federal Reserve bought that debt, so we have to work hard to pay the interest to the Federal Reserve," Paul said. "We don't, I mean, they're nobody; why do we have to pay them off?"
-CNN

Wednesday, April 13, 2011

Biden falls asleep during Obama speech

Today, President Obama promised to slash $4 trillion from the Federal Deficit over the next twelve years. Big news, huh?
Tell that to Vice-President Joe Biden, who couldn't stay awake while his boss was talking about something that is without a doubt the biggest issue confronting the US government.


Economics is indeed boring to most people, but I would like to think that Obama is a slightly better speaker than Ben Stein.