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Ron Paul On The Fiscal Cliff: “We Have Passed The Point Of No Return”

December 31, 2012
Tyler Durden
12/29/2012
Source …..

In a little under three minutes, Ron Paul explains to a somewhat nonplussed CNBC anchor just how ridiculous the charade that is occurring in D.C. actually is. This succinct spin-free clip should be required viewing for each and every asset-manager, talking-head, propagandist, and mom-and-pop who are viewing the last-minute idiocy of the ‘fiscal cliff’ debacle with some hope that things will be different this time. “We have passed the point of no return where we can actually get our house back in order,” Paul begins, adding that “they pretend they are fighting up there, but they really aren’t. They are arguing over power, spin, who looks good, who looks bad; all trying to preserve the system where they can spend what they want, take care of their friends and print money when they need it.” With social safety nets available to rich and poor, there is no impetus for change and “the country loses,” but Paul concludes, the markets are starting to say “there is a limit to this.”

Forward to 5:45 for the Ron Paul interview (ignore everything else)

Video …..

One Comment leave one →
  1. December 31, 2012 9:11 am

    When obama collapses the economy; then, we can begin enjoying sharia finance overtly.
    I think we lost the war on terror and nobody bothered to tell us.

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