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And this is what I heard:

Presidential candidate Ron Paul says [telephone interview] the U.S. is in "great danger" of a Gulf of Tonkin style provocation while also warning that a major collapse of the American economy is on the horizon.
"How much danger are we in of some new Gulf of Tonkin provocation?"

RON PAUL: I think we are in great danger of it; we're in danger in many ways. The attack on our civil liberties here at home, the foreign policy that's in shambles, and our obligations overseas and commitment which endangers our troops and our national defense. So, everyday, we're in worse shape and right now there's an orchestrated effort to blame the Iranians for everything that's gone wrong in Iraq.
And we're quite concerned, many of us, that the attack will be on Iran, and that will confuse things and jeopardize so many more of our troops. So, I would say we're in a much greater danger than we've been even four or five years ago whether it's overseas or even by terrorists here at home because I just think the policies are seriously flawed

I agree. What did he say? He said:

1. I think we are in great danger of it [some new Gulf of Tonkin provocation];
2. We're in danger in many ways [what are some of those ways, they are]:
a) the attack on our civil liberties here at home,
b) the foreign policy that's in shambles,
c) our obligations overseas and commitment which endangers our troops and our national defense.
d) everyday, we're in worse shape
e) right now there's an orchestrated effort to blame the Iranians for everything that's gone wrong in Iraq.
f) and we're quite concerned, many of us, that the attack will be on Iran, and that will confuse things and jeopardize so many more of our troops.
g) so, I would say we're in a much greater danger than we've been even four or five years ago whether it's overseas or even by terrorists here at home because I just think the policies are seriously flawed

Once, again, I agree.