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Wednesday, October 16, 2013

Tax and Spend

Ron Paul on the debt ceiling:
"If your teenage son or daughter maxed out their credit cards, would you give them money to increase their credit limit?

Then why should the American people let Congress increase the Treasury Department's credit limit?

Raising the debt ceiling is not necessary for the government to "pay its bills."

The debt ceiling increase is only necessary so Congress can keep racking up ever-increasing amounts of spending and debt, making it more likely America will face a serious economic crisis dwarfing the collapse of 2008 - complete with massive inflation caused by the Federal Reserve's continuing monetization of federal debt. "
It was all a sham.

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