Ron Paul Warns U.S. Could Become Like Middle EastSubmitted by legalizeliberty on Mon, 05/16/2011 - 19:38
America could see the kind of violent uprisings that have cost countless lives and convulsed societies in the Middle East if the nation does not stop rolling up massive deficits and devaluing its currency, Texas congressman and Republican presidential candidate warned in a front-page interview published in the New Hampshire Sunday News.
Paul, who declared his candidacy for President in New Hampshire last Friday, said he and other advocates of limited, constitutional government are often wrongly accused of not caring about people. "Our critics say we're going to throw people out on the street," he said, "but what's going on in Washington now is going to throw a lot of people out on the street." By running up massive deficits and printing more money to cover the national debt, the government is leading the nation toward an economic collapse, he warned.
"What happens if you pass that money that has no value, and then Social Security checks bounce?" Paul asked. Violent uprisings could result, as the promised benefits in the large network of government programs are no longer provided. "I think it's very possible," he said. "I think people are going to get very angry."