Ron Paul: 'Krugman's Magic Money Tree Will Bankrupt The U.S.'

From The Daily Bail
January 29, 2013 - 12:28pm

It's all politics aboard the U.S.S. Ponzi. 'Bernanke's fiat money is NOT wealth.' --- Transcript The Coming Debt Limit Drama: Government Wins, We Lose Last week President Obama bluntly warned Congress that he will not negotiate when it comes to raising the statutory debt limit.  If Republicans attempt to use a debt ceiling vote to win concessions on spending from the White House, Mr. Obama threatens simply to raise the limit by executive order or other unilateral action.  This is business as usual in Washington.  Democrats literally do not believe we have a deficit and debt problem, and reliably propose greater borrowing and spending.  Republicans talk a good game when it comes to government debt, but have no credibility to argue against deficits or abuses of executive power.  Brinksmanship ensues, and ugly compromises are reached at the 11th hour.&nbs...

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