Ron Paul: US must repudiate philosophy of “government intervention, socialism, paper money and welfare dependancy” to get back on its feet
Texas Republican Congressman Ron Paul joins us from his desk to talk about the the Senate version of the “stimulus download crime movie package” (really just a plain ol’ pork-filled spending package), “born-again budget conservatives” in the Republican Party, and how the US can get back on its feet:
UPDATE: The top story on CNN.com “GOP senators ‘caved in’ on stimulus, Paul says”:
Paul, a Republican representative from Texas who sought the GOP nomination for president, said that although some people call Obama’s plan to jumpstart the economy a “stimulus package,” he thinks it is a “pure spending package.”
The message came on a video posted on YouTube download comedy movie.
Paul praised his fellow House Republicans for unanimously voting against the plan but expressed disappointment that three Senate Republicans “caved in and went with the Democrats.”
He didn’t mention the GOP senators by name but was referring to Sens. Susan Collins and Olympia Snowe, both of Maine, and Sen. Arlen Specter of Pennsylvania.
In the video, Paul said he wondered whether Republican opposition to the spending is too little, too late.
“It is like they’re born-again budget conservatives,” Paul said. “Where were we in the past eight years, when we could have done something? And you see our last eight years that has set this situation up. So we can’t blame the Democrats for the conditions we have.
“We have to blame both parties and presidents of the last several decades to have generated this huge government.”
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