Rep. Paul introduces bill to cancel $1.6T in debt held by Federal Reserve

[CocoPops]

i'm no economist but it seems like that's what happens when you're dealing in theoretical amounts of dollars

 

[seasider]

He's not all that motivated. At least, he wasn't in 2008.

 

[morph]

JEWS

 

[Triinu]

The grand majority of the federal government's debt is held by American interests.

 

[Phyzixx]

ron paul is one of the few that (a) understanRAB what the fuck is going on and (b) isn't bought and paid for so he's free to speak out against it

 

[Lali Xox]

we don't have any way of dealing with these massive amounts of money

guess we'll just make the rules up as we go lol

 

[Urban Art Balloons]

start here: http://en.wikipedia.org/wiki/Federal_Reserve_System

then read all of the See Also articles.

 

[dyehardxen]

he is definitely delusional. he lives in his own mind.

 

[☮Alyssa☮]

who, bernanke?

 

[Hannah F]

He's a dangerous, delusional, highly motivated retard.

 

[lexiedarnell]

Yea but they don't owe it to themselves, they WILL owe it to people who are collecting SS in the future. (that much I understand).

Many people don't realize that if SS was left alone it would be fine.

 

[Melina Ms. Paparazzi ♡]

He's like 75 and still trying to save this country... That's pretty admirable

 

[Zalak S]

He's the Thomas Jefferson of our time.

 

[jennie j]

And the bill will die a quick death like every other bill he introduces.

 

[Geek]

Most important part right hurr

 

[luv2help]

Won't we get a credit downgrade if we just cancelled debt? oh

 

[WaterGuy]

If you vote against this man, you shouldn't be voting at all.

 

[Jack Nesky]

whos mind do you live in?

 

[Bek=]]

[No message]

 

[karam a]

He won't put in the effort to make to to Noveraber anyway.