Here is Ron Paul’s entire speech, please watch.
Farewell [read more]
|
|||
Here is Ron Paul’s entire speech, please watch. By Ron Paul: “We have spent over $1 billion on a war that this administration has fought not with the consent of Congress but under a NATO flag and authorization from the United Nations. “It is a serious thing for a President to engage us in a war. He is bound by our Constitution to seek authority from the People, through our Congress, prior to engaging in any military action unless that action is to address an imminent threat to our safety and security. The situation in Libya is a civil war contained within that country’s sovereign borders, and it presented no imminent threat to the United States. “And so, our government continues to spend trillions of dollars in overseas foreign wars while we face unsustainable debt, a looming dollar crisis, and our Constitution seems to lose any meaning. These actions will sink our country if we do not reverse course. “Meanwhile, we must beware of any ‘Mission Accomplished’ euphoria. The conflict in Libya is far from over, and there [read more] 11/12/10 By Ron Paul: Last week’s midterm elections have been characterized as a victory for grassroots Americans who are fed up with Washington and the political status quo. In particular, the elections are being touted as a clear indicator that voters demand reductions in federal spending, deficits, and debt. If the new Congress hopes to live up to the expectations of Tea Party voters, however, it faces some daunting choices. For all the talk about pork and waste, the truth is that Congress cannot fix the budget and get our national debt under control by trimming fat and eliminating earmarks for “Bridges to Nowhere.” Real reductions in federal spending can be achieved only by getting to the meat of the federal budget, meaning expenditures in all areas. The annual budget soon will be $5 trillion unless Congress takes serious steps to reduce spending for entitlements, military, and debt service. Yet how many Tea Party candidates who campaigned on a platform of spending cuts talked about Social Security, Medicare, foreign wars, or bond debt?
With regard to entitlements, the 2010 Social Security and Medicare Trustees report tells it all. It paints a stark picture of two entitlement programs that cannot be sustained under even the rosiest scenarios of economic growth. No one, regardless of political stripe, can deny the fundamental problem of unfunded future liabilities in both programs. We should understand that Social Security was intended primarily to prevent old widows from becoming destitute. Life expectancy in 1935 was only about 65, when there were several workers [read more] |
|||
About | Privacy | Terms Of Use | Contact | Links | RSS Feed Copyright © 2024 Independent Journalism RobertBeadles.org - All Rights Reserved |