Ron Paul BLASTS Obama's fear-mongering on the debt ceiling

From Ron Paul on LewRockwell.com:

... The government is using the usual scare tactics to strong-arm the people into going along with more spending. Remember the rhetoric surrounding the big bailout of October 2008? We were told, not that this would be calamitous for the banks, but for the people, who would continue to experience massive job losses and foreclosures. We were told the economy would sink into a deep recession if this money was not handed out to too-big-to-fail corporate cronies.
So after much hand-wringing, leaders from both parties – against unprecedented public outcry – agreed to shower money on the banks and increase the debt. The banks learned nothing, except that Washington will come to their rescue, no matter what. The people, however, continued to lose their jobs and houses anyway. And here we are, still in a deep recession.
When you read the above example, your first reaction might have been to...
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Awesome visualization of Obama's proposed budget cuts

By The Daily Crux:

The American public is constantly bombarded by enormous figures about how much the government is spending on this or that or how large the deficit has become... but most folks have trouble understanding just how much money these numbers represent.
So today, we're passing along a short clip that illustrates the federal budget crisis so clearly even a five-year old could understand.
It's a simple video, but it puts the government's recent budget battles in perspective like nothing else we've seen.
Click here to watch the video...
http://www.economicpolicyjournal.com/2011/02/visual-analogy-to-obamas-100-million.html

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