Ron Paul: President Obama's Goal is "Economic Collapse"

From InsideCatholic.com
By Brian Saint-Paul

Congressman Ron Paul says that with the passage of the Administration's bulked-up war supplemental last week, President Obama's goal seems to be "an economic collapse." His comments came during a weekly recorded address to his constituency, and were typically blunt.

As Americans struggle through the worst economic downturn since the Great Depression, this emergency supplemental appropriations bill sends $660 million to Gaza, $555 million to Israel, $310 million to Egypt, $300 million to Jordan, and $420 million to Mexico. Some $889 million will be sent to the United Nations for so-called "peacekeeping" missions. Almost one billion dollars will be sent overseas to address the global financial crisis outside our borders. Nearly $8 billion will be spent to address a "potential pandemic flu" which could result in mandatory vaccinations for no discernable reason other than to enrich the Pharmaceutical companies that make the vaccine.

Nor was he happy with the bill's $108 billion loan guarantee to the International Monetary Fund.

Not only does sending American taxpayer money to the IMF hurt citizens here, evidence shows that it even hurts those it pretends to help. Along with IMF loans comes IMF required policy changes, called Structural Adjustment Programs, which amount to forced Keynesianism. This is the very fantasy-infused economic model that has brought our own country to its knees, and IMF loans act as the Trojan Horse to inflict it on others.

Listen to the audio or read the complete transcript here.