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Former Rep. Ron Paul, (R-Texas), on what needs to change in Washington’s political climate.
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Its financial political crisis as a consequence of excessive debt funded liabilities spending.
-- -- gross discrepancy and wealth distribution.
Going from the middle class to the rich.
No good has ever come from granting monopoly power to the state he -- aggression against the people to -- Overture -- human behavior.
Such power when left unchecked.
Becomes the -- of -- -- tyranny.
Don't look now but Paul the apostle has just wandered into the desert not the biblical -- -- political fall but you'd have a very hard time.
Distinguishing between the two since Ron Paul's supporters also darn near religious fervor for their enlightened leader and why not.
As a former Texas congressman and presidential candidate singlehandedly galvanize the nation to think that libertarian isn't.
Is it a crazy science in Washington it's about basic math.
Money and money out.
A lot more money going out the coming in a bad combination of before anyone anyone and I've covered every one.
Ron poll -- First bemoaning its disastrous consequences.
Yet even before that guy Ross Perot he joins me now on the phone for his first interview nowadays.
Former congressman.
Welcome -- very good to have you.
Very Israel might do it again at the risk of sounding smarmy and disingenuous congressman.
Provide I think you are among the smartest.
Sharpest.
And most pressing public officials I have ever had -- -- speaking to.
Now I know against the domestic characters you've work that might not sound like a compliment but it is.
And I wonder with a voice like yours gone.
Who'll watch his detail who'll watch is all the money going out of Washington.
Well I think they'll -- many may have saved by giving any good at all there should be quite a few and I think there are hard time seeing them to there's -- bad budget deal.
Well often you'd see fifteen people voting against the speaker of the well could Wellington and an and that means you know lead to -- we got a 102 spontaneous phone calls in the congressional office that meant -- -- 2000 people who early thinking about it is -- perfect couple congressman who are frustrated with the justice right now.
W there where a lot more congressman -- -- witness stand up and -- so.
Though it is there and I you know I try to be the optimistic.
But I don't find -- optimism in Washington and as you point out that so often.
Is that I get some encouragement you know from the college campuses.
-- therefore I'm not a pessimist because I think.
They're willing to listen there idealistic.
And they know what they're inheriting.
So therefore I think did we we can pull out of this.
But not with the current crop of politicians in Washington attitudes have to change and that's -- I work on changing people's opinions.
And I think to some degree -- had a little bit of.
-- -- I think you have congress what I found it's -- covering this last presidential race alleges that.
-- respected people's intelligence in the proof was.
During the primary caucus process.
Your.
Comments on each election night were electrifying only you.
Could get.
Standing.
Cheers and whoops from college kids.
And you were talking about money supply in the Federal Reserve professor and I've been trying my entire career to do that congressman.
And I -- the benefit of a -- you didn't -- So they hope springs eternal that this sticks in this managers and and gets people galvanized -- you might -- approximate.
I look at -- public opinion polls -- people say.
Lead the spending alone zap the rich leave my Medicare alone leave my Medicaid allegedly -- security -- Obviously -- defense alone just just -- the -- And I'm beginning to wonder whether we've gone from.
A country where supposedly the Arab big government was over two maybe -- big government is back.
Well it never layout that don't I don't think -- later there's talk of it.
But you know I think the attack on the rich and people have pointed out quite frequently.
They had if you if you tax the rich kid unity and took -- their money equally finances government for a very short period time right there in my farewell speech I made this point there's so many.
Who advocate you know taxing the reality it.
Distorted in VNV.
Is driven by destroying the people who are successful not really helping the people it doesn't it doesn't help obviously the people they take you take the money from.
But it doesn't help the people who taking yeah I mean -- he could create.
-- -- more vibrant economy doesn't increase our economic activity no but it these is too often people are driven.
By end the and they just can't stand -- expensive people.
Making making money but that's what happens -- free market and it's a major.
No I don't think we've given that -- I was have more time but there's a free market itself.
Is what's being sacrificed in.
Oh I think so and of course I've been argued that this sacrifice the long ago I remember getting really criticized.
By somebody.
Who was criticizing capitalism and how terrible this Kaplan who -- and -- came back.
But we don't have capitalism we don't have -- -- markets we don't have we have fixed interest rates we have intervention we have overplaying overspending -- -- that's not what happened -- the free market free market is designed quite differently.
So I'd resent the fact when they blamed the problem that we -- we've just had all these extremist believing in laissez Faire capitalism and that's why we have this meant.
They are wrong on that I'm trying to change people's minds regarding that issue.
We'll keep data young man and Ron Paul I wanna thank you list and you're here headed -- Tony you know -- When he leaves -- in and you should have been your co anchor I immediately -- -- back.
No I don't believe in any co anchor who would make me look -- Congressman thank you very much where every -- someday I will I will -- at all.
