sailingaway
06-29-2011, 07:01 PM
h xxp://www.newsmax.com/InsideCover/ron-paul-debt-ceiling/2011/06/29/id/401947
He only said to walk away from the interest to the fed since there was no value in the money the fed 'loaned' when it created money out of thin air. He seemed to call that a kind of bankruptcy (he actually just agreed with the word chosen by the announcer). This is an attempt to make it look like Ron would walk away from rightful obligations, which isn't true, he would just walk away from giving something for nothing.
The WHO radio interview is when this came up, and it is on the forums. I just thought people should know because this spin is all over the web with saturation such as Rand was hit with after Maddow. It will sink into the blogasphere and never die, at this point, so you might want to know what he was really saying.
He only said to walk away from the interest to the fed since there was no value in the money the fed 'loaned' when it created money out of thin air. He seemed to call that a kind of bankruptcy (he actually just agreed with the word chosen by the announcer). This is an attempt to make it look like Ron would walk away from rightful obligations, which isn't true, he would just walk away from giving something for nothing.
The WHO radio interview is when this came up, and it is on the forums. I just thought people should know because this spin is all over the web with saturation such as Rand was hit with after Maddow. It will sink into the blogasphere and never die, at this point, so you might want to know what he was really saying.