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Read the the entire thread. There are links to Youtube and others that show what is posted, is exactly what was said by Paul. Yep, Paul said it and not out of context.

You're wrong. Watch the YouTube video: http://www.youtube.com/watch?v=BIbmXfteACw. The relevant quote is there, about 5 minutes in, just as you said.

Here's the part that was omitted by the poster of this thread (I transcribed this directly from Ron Paul's statement on the video):

"The President has a responsibility to retaliate against an attack. It was especially true in the early years that if Congress was way off and they had to come by horse and buggy, the President had the responsibility, the moral and legal responsibility, to thwart an attack on the United States, That is still the position I would hold."

He goes on to say that, when war needs to be declared, he disapproves of "Congress reneging their responsibility by transferring their responsibility to the President."

It's all about whether Congress should be taking its Constitutional role in deciding whether the U.S. goes to war or not, or whether such decisions should be left up to the President unilaterally.

And that's all it's about.

I don't see how any conservative can disagree with this position, although you may disagree with his views on the Iraq war specifically.