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Ron Paul: There’s Anger… There’s Going To Be Riots In The Streets
The Daily Reckoning ^ | 5-7-2010 | Rocky Vega

Posted on 05/07/2010 3:07:51 PM PDT by blam

Ron Paul: There’s Anger… There’s Going To Be Riots In The Streets

By Rocky Vega

05/07/10 Stockholm, Sweden – Rep. Ron Paul (R-TX) was on Fox News yesterday, discussing Greece and describing how the financial crisis has become a currency crisis… which is much worse. He sees an attack on the dollar in terms of gold, and has no doubt that the currency crisis is a worldwide problem.

Referring to whether or not Greece-like riots could take place in the US he says:

“Absolutely, there’s going to be anger. There’s going to be riots in the streets as well. But this is all a consequence of the fact of why and how government could spend like this. It’s because they don’t have sound money.

“When we run up deficits, we tax, but never enough. We can’t tax, it would ruin the economy. Then we borrow, and we get away with that for a long time. But, we rely on printing presses from the Federal Reserve to create money and that’s where the problem is [...] we can’t have fake money, this is counterfeit.”

[snip]

(Excerpt) Read more at dailyreckoning.com ...


TOPICS: News/Current Events; US: Texas
KEYWORDS: 2kooky4congress; currency; debt; finance; greece; kookpaul; ronpaul; texas
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1 posted on 05/07/2010 3:07:51 PM PDT by blam
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To: blam

RP nails it again. When will people wake up?


2 posted on 05/07/2010 3:10:37 PM PDT by screaminsunshine (S)
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To: blam

Riots in the streets are nothing new here. They have been, and will be, by anarchists and leftists.


3 posted on 05/07/2010 3:11:50 PM PDT by Tolsti2
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To: blam

For those who are going to jump in and talk about how right Ron Paul is:

Please email me so I can provide you with my mailing address. I will happily take your “fake money” off your hands.


4 posted on 05/07/2010 3:11:52 PM PDT by Artemis Webb (DeMint 2012----Remember May 20th is "Everybody Draw Mohammed Day")
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To: screaminsunshine

90% of people will never wake up. They don’t about anything except for the next 5 minutes.


5 posted on 05/07/2010 3:12:41 PM PDT by FightThePower! (Fight the powers that be!)
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To: blam

RP is right about that (to the headline).


6 posted on 05/07/2010 3:12:46 PM PDT by svcw (Habakkuk 2:3)
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To: FightThePower!

True just look at the so called Conservative Republicans rolling over.


7 posted on 05/07/2010 3:13:44 PM PDT by screaminsunshine (S)
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To: blam

Ron Paul has it right. Similar comments by Gerald Celente


8 posted on 05/07/2010 3:15:20 PM PDT by cowtowney
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To: screaminsunshine

“Conservative” Republicans only add to the problem by putting the USA further and further into debt.


9 posted on 05/07/2010 3:16:15 PM PDT by FightThePower! (Fight the powers that be!)
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To: Artemis Webb

Do you want the Zimbabwe or Iraq paper first?


10 posted on 05/07/2010 3:17:20 PM PDT by LearnsFromMistakes (Tag line deleted...don't want to incite violence...)
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To: blam

That’s what I figure!


11 posted on 05/07/2010 3:17:55 PM PDT by SWAMPSNIPER (The Second Amendment, A Matter Of Fact, Not A Matter Of Opinion)
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To: LearnsFromMistakes
"Do you want the Zimbabwe or Iraq paper first?"

I want Ron Paul's U.S. dollars and anybody on this thread who agrees with him. If his money is, as he says, "counterfeit" and "fake money" why would he or anybody here want it? If you are keeping it then you must believe in it's worth and therefore disagree with Ron Paul. It's as simple as that.

12 posted on 05/07/2010 3:21:04 PM PDT by Artemis Webb (DeMint 2012----Remember May 20th is "Everybody Draw Mohammed Day")
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To: blam

>> He sees an attack on the dollar in terms of gold

No big deal, that.

I’ll worry when there’s a quote unquote attack on the dollar in terms of the things I care about and actually BUY. Like food.

Ain’t happening yet. Not saying never, but it ain’t happening yet.


13 posted on 05/07/2010 3:21:21 PM PDT by Nervous Tick (Eat more spinach! Make Green Jobs for America!)
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To: Artemis Webb
Of course I could just chalk it all up to Ron Paul being a nut:


14 posted on 05/07/2010 3:22:31 PM PDT by Artemis Webb (DeMint 2012----Remember May 20th is "Everybody Draw Mohammed Day")
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To: screaminsunshine
“Absolutely, there’s going to be anger”

The anger is here and it's not because of a financial crisis. It's because our beloved country is being systematically destroyed by the scum in DC.

15 posted on 05/07/2010 3:24:24 PM PDT by alice_in_bubbaland (Professional Politicians are a Threat to the Republic! Remove them on 11-3-10!)
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To: blam

Ron Paul is ALWAYS saying crap like that

...even if he is right this time.


16 posted on 05/07/2010 3:25:32 PM PDT by BobL
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To: Nervous Tick
ahem
17 posted on 05/07/2010 3:27:14 PM PDT by IllumiNaughtyByNature (3V3Ry71N' 084M4 D03z 83N3f17Z MU5l1mz. c01NC1d3nc3?)
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Comment #18 Removed by Moderator

To: blam
He has a point. With the oscene size of our national dept, the biggest reason the dollar retains its value is that most of the world's economies would lose in a very big way if the dollar were to collapse.

Since the dollar is not backed by anything physical it is worth what people consider it to be worth. Since wealthy people and nations around the world would suffer greatly if the dollar were to drop in value too much, it holds its value. It still fluctuates, but it doesn't collapse.

However, that only holds true as long as the world feels they need us. The more debt we build up the more precarious our position becomes, and it is unlikely we will no we have pushed things too far until it collapses.

Our national debt is already at absurd levels, so it's hard to say what might be the breaking point. Most of our politicians appear to believe that there is no breaking point.

19 posted on 05/07/2010 3:28:33 PM PDT by untrained skeptic
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To: blam

Poor Ron Paul. He charges forward while most of the rest of us stand back and laugh at him.


20 posted on 05/07/2010 3:29:11 PM PDT by righttackle44 (Is Obama an Irish, Italian or Japanese name?)
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