Texas Congressman Ron Paul made a short appearance on the nationally
syndicated Alex Jones show yesterday and elaborated on his recent
warning of an imminent major event that could send liberty into
hibernation.
Referring to his statement
before the House last week in which he warned of
"chaos about to be unleashed" on the economic and political
system, the Congressman told listeners:
"Most of the thoughts going through my mind
concerned the relationship of foreign policy and how it's draining
and bankrupting us and the critical problems that we have in the
financial sector today."
"I dwell on the dollar because hundreds of
billions of dollars have been allotted to bail out the housing
program, that puts weight on the dollar, and the dollar is going
down so we can expect a lot of inflation and a weak economy and
I think we're seeing the beginning of a major economic event."
Paul continued.
"If you don't save the dollar, everybody is
going to suffer a lot more than anyone ever dreamed of, I mean
you can keep trying to prop up the system and reinflate the bubble,
and try to care of everybody receiving welfare checks, but what
happens when the money doesn't buy anything?"
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The Congressman also warned of hidden items within
the recent housing bill, which he has dubbed "the
mother of all bailouts":
"Inside that bill they decided that they are
going to start fingerprinting anybody who works within the mortgage
business as a supposed solution to our problems. Also in that
bill they have a new law that says that every single credit card
transaction will be reported to the IRS, and they raised the national
debt by $800 million dollars." Paul commented.
The Congressman also commented on his frightening
experience earlier this week when a plane he was a passenger on
suddenly depressurized and was forced to make an emergency landing
in New Orleans.
In addition he revealed details of the rally he's
hosting in Minneapolis in September to coincide with the RNC,
which has now moved
to a bigger venue and blossomed into a three-day
Campaign for Liberty mini-convention.