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What Tom DeLay says he -- his state coming a little more than a decade ago would -- it was just an up and coming out.
And somewhere between I think Germany and Italy has an emerging economic threat to the US -- no one paid much attention even then.
But then rising Republican went on to become house majority leader did it was and guess what -- still -- -- -- Tom what do you make now than grabbing as I said the silver in terms of economic powers whether the -- Israel is you know my guest has pointed out.
There are some suspicious elements to it it is what it is perception quickly becomes reality eyes of the world.
This is a country -- out too -- when -- I I think this is very terrifying news I gotta tell you.
Yeah I you made him or disagree and economists can always disagree with the numbers coming out.
But their economy is growing anywhere from 810% for years -- is going about two to 3% India's growing.
And I anywhere from eight to 12% -- year and you have to ask yourself why.
If you go -- over -- in China -- I have it's -- yeah they have a command political system but the bad they can't stop.
The free market system that's going on in their underground economy and now and it is visible.
Outs outside because they they have savings and have production and and we are competing.
As a service economy that is in debt and and depending on consumption.
And now as Peter Schiff who wrote the book.
Crash proof and has stated group who predicted our economic disaster.
Has said watch for that and manipulation of the currency.
And -- China to say that they're going from the dollar to the Euro is eighth is a sign.
That they that they reserve currency is changing from the dollar.
To the Euro of that which you need not they're not saying do you think it can -- elsewhere to reduce.
Mixing I don't know what this mean when you're gonna learn is they have to get -- dollar is starting to collapsing got that guy hey yeah I think it has a daughter -- An analysis the dollar collapses so why do we any.
It's like a week after months of why don't we kept out of I -- I understand their -- -- -- apparently -- -- -- on our debt.
But it's as if we're afraid to -- -- That.
We shouldn't be kowtow to them what we need drastic cuts united size of government.
We need to stop this act.
Crazy out there -- -- increasing of our debt that is forcing them to go from the dollar to it to the Euro and most importantly.
Get let us become competitive again back creating a savings production economy that that depends upon.
And and and depends upon.
-- less government interference so that we can compete again get the labor unions out of it we've priced ourselves out of the market.
And that and no one seems to a -- Most of our news other than you could move though talks about building a mosque in New York today instead of the first real sign that our dollars about to collapse.
You know I can't be less interested -- that story by the way.
On the old motion position I was in a you don't -- that one -- that interests -- -- and and -- they -- -- analysts.
It's that we realize that sits that we have -- it will -- the Donald Trump about this shortly but.
They're in the position they're in because we'd -- a lot a lot of the stuff that they make effective honest and and and we as the buyers are somehow on the defense and that.
Kind of seems weird and well but I'm Donald Trump -- we ought to goes into a trade war he doesn't talk about over liberation over taxation big government big debt.
That is collapsing our daughters and a dollars a week will be.
We have got to return to -- productive society in manufacturing things in the only way we can do that.
If he was the play yard though I have an otherwise it will lonely widow and I'm definitely -- -- as we can't compete with that country that they isn't Denny's on him.
-- -- At what I understand that but we also can't compete.
When we're overtaxed our corporations are over -- in their taxes are going up again.
In January largest tax increase in the history of the country different the president is -- regulating like every agency every office in the federal government.
Are writing regulations as we speak.
It -- and the debt.
Is is uncontrollable and right now and -- do you expect.
You know Nancy -- sort of got you here is saying as much of problems that they got right now.
There's a lot worse we view and that the same kind of mess that -- experiencing now.
It is a far cry from what was the situation that.
This -- yields of this the whole investigation and you.
And that Don and and you were solid and dragged through the -- for the better part of 67 years.
I got that -- ever charged.
Well Nancy Pelosi that's -- promise to drain the swamp she is the swamp.
Chief I mean -- she you are an attacking me over eleven year period -- go down the floor and offer motion privilege -- emotional privileged.
This -- in my reputation and try to create this culture.
-- have been exonerated did you like to ray Donovan member it would with with the Ronald Reagan had a I get my good name back after exonerated language when he so much counts against them.
How do you -- on my mind.
Eventually we'll get my good name back -- like Winston Churchill's.
-- -- -- man that we had dies in a minute wars and that's only once in politics many times.
You know you're right about the best thing ever did through that a whole nonsense -- The first -- and that they snapped -- you know a smile on like a charm.
That was the way to him and I think I was when I am absolutely absolutely always been good to me and he's given me the strength to do that now.
You -- you know my friend good seeing you Tom DeLay -- a former house the.
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