Ron Paul: "Obama 'Goal' Is Economic Collapse"

NEWSMAX-----

Wednesday, June 24, 2009 3:08 PM

By: Rick Pedraza

U.S. Rep. Ron Paul, R-Texas, says he was dismayed that Congress passed the war supplemental appropriations bill so easily last week.

“An economic collapse seems to be the goal of Congress and this administration,” Paul said during his weekly radio address Monday.

“Washington spends with impunity, domestically bailing and nationalizing basically everything they can get their hands on,” Paul said.

Mocking the idea that Obama was a “peace candidate,” Paul pointed out that his administration will be sending another $106 billion it doesn't have "to continue the bloodshed in Afghanistan and Iraq without a hint of a plan to bring American troops home."

Paul noted that many of his congressional colleagues who previously voted with him in opposition to every war supplemental request under the Bush administration seem to have changed their tune. He maintains that a vote to fund the war is a vote in favor of the war.

“Congress exercises its constitutional prerogatives through the power of the purse,” Paul said. “As long as Congress continues to enable these dangerous interventions abroad, there is no end in sight: that is until we face total economic collapse.”

Paul noted that, as Americans struggle through the worst economic downturn since the Great Depression, the foreign aid and International Monetary Fund appropriations in the spending bill passed last week can be called an international bailout:

The emergency supplemental appropriations bill sends:

# $660 million to Gaza

# $555 million to Israel

# $310 million to Egypt

# $300 million to Jordan

# $420 million to Mexico

# $889 million to the United Nations for so-called “peace-keeping” missions

# $1 billion overseas to address the global financial crisis outside U.S. borders

# $8 billion to address a potential pandemic flu, which he said could result in mandatory vaccinations “for no discernible reason other than to enrich the pharmaceutical companies.”

Perhaps most outrageous, Paul said, is the $108 billion loan guarantee to the IMF.

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