Ron Paul on Cavuto: Federal Reserve's $200 Billion Injection
BackEven Cavuto realizes Ron Paul is a true fiscal conservative.
Channel: News & Politics
Uploaded: March 11, 2008 at 6:22 pm
Author: OptionsMonster
Length: 00:04:38
Rating: 4.93
Views: 50263
Tags: Ron Paul Iran Iraq Fed Federal Reserve Admiral Fallon Spitzer Sound Money Fiat Libertarian Fox News
Video Comments:
HurricaneHeidi (October 31, 2008 at 1:05 am)
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RonPaulisInsane (October 19, 2008 at 3:46 pm)
Ron Paul is not a true fiscal conservative. Ron Paul complains about debt even though he caused our deficit by voting for Bush's tax cuts.
Federal government spending has decreased as a % GDP because it hasn't kept up with the growing economy.
As a result, fed spending fell from 23.5% GDP in 1983 to 20.5% GDP in 2004. We even had a budget surplus in the late 1990s.
Bush's tax cuts decreased government revenue from 20.9% GDP in 2000 to 16.3% GDP in 2004. This wiped out the surplus.
Federal government spending has decreased as a % GDP because it hasn't kept up with the growing economy.
As a result, fed spending fell from 23.5% GDP in 1983 to 20.5% GDP in 2004. We even had a budget surplus in the late 1990s.
Bush's tax cuts decreased government revenue from 20.9% GDP in 2000 to 16.3% GDP in 2004. This wiped out the surplus.
Lucky14970 (November 7, 2008 at 10:04 pm)
Texans in my district know that I support every tax cut bill in Congress, as my voting record shows. I supported President Bush by voting to lower tax rates for all taxpayers, and I also voted to end the unfair marriage penalty. I will vote to end the destructive estate tax, which is the third plank in the President's tax cut plan. Rest assured that I will support his plan in its entirety. I applaud the President for following through on his campaign promise to reduce taxes on American families.
Lucky14970 (November 7, 2008 at 10:04 pm)
-Ron Paul
Lucky14970 (November 7, 2008 at 10:06 pm)
"Federal taxes are far too high, and the federal government is far too large," Paul continued. "My commitment to voters is simple: I follow the Constitution and I fight to make government smaller. This commitment compels me to vote for all tax cuts and against all spending increases. Although my own legislation would reduce taxes more drastically, I always will support the President's tax-cutting efforts as a positive step in the right direction." -Ron Paul
Get off his dick, retard :)
Get off his dick, retard :)
RonPaulisInsane (November 8, 2008 at 12:54 am)
*My commitment is simple. I will stop trying to balance the budget and I will vote for huge irresponsible tax cuts.
This will turn our budget surpluses into massive deficits overnight.
I will then complain the government is broke because I am insane!*
This will turn our budget surpluses into massive deficits overnight.
I will then complain the government is broke because I am insane!*
Lucky14970 (November 8, 2008 at 1:00 am)
Too bad there is something called checks and balances which of course our current president went above and beyond with the US public having little to say or do about it. If you actually educated yourself on the fiscal plans of Ron Paul then maybe you should speak. Thanks for your time :)
herbs814 (November 20, 2008 at 3:57 pm)
The tax cuts did not cause the deficit. Tax revenues in dollar terms increased as a result of businesses and consumers keeping more of their hard-earned income. Of course receipts as a percent of GDP would fall with lower tax rates. What these statistics hide is that GDP grew substantially, producing millions of new jobs. The cause of the deficit was a profilgate Congress that continued to seek to buy votes with tax dollars. Government always finds a use for all the money it receives and borrows
RonPaulisInsane (November 21, 2008 at 12:33 am)
The tax cuts reduced gov revenues by 4% GDP. Spending only increased 1.5% GDP over that period.
The tax cuts were almost three times greater than changes in spending.
We have learned over the last 20 years that tax cuts DO NOT increase revenues. Our economy has grown at a slow steady average annual rate of 2% for years under very different tax systems.
The tax cuts were almost three times greater than changes in spending.
We have learned over the last 20 years that tax cuts DO NOT increase revenues. Our economy has grown at a slow steady average annual rate of 2% for years under very different tax systems.
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Pattern that put the banking Mafia in Charge: Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act; Sarbanes-Oxley Act of July 2002; lifting of leveraging rules; TARP; elimination of the Uptict Rules; FED now rules commodity market = electronic counterfeiting of commodities (ending of 5th Amnd constitution of title):
Counterfeiting of securities is the new drug!