Former U.S. Congressman from Texas, Ron Paul, is back in the news. Unfortunately, the news he brings is not good for business as usual in Washington.
In an interview with the Washington Examiner, the former presidential candidate for both the Libertarian and Republican parties brought ill-tidings for the Union’s recent positive economic activity, calling it an “illusion.” “It’s a bubble economy in many, many different ways and it’s going to come unglued,” said the former congressman. Additionally, Paul sees political opportunities for Libertarian candidates in the wake of such a fiscal catastrophe, saying:
“The big opening for us is the fact this system is coming apart. We’re on the verge of something like what happened in ’89 when the Soviet system just collapsed.” “I’m just hoping our system comes apart as gracefully.”
When the Soviet Union collapsed, it was preceded by massive spending and inflation of its currency, both of which Ron Paul has been a chief critic of in U.S. policy. If the U.S. is on the verge of a similar collapse, which the massive weight of its debt and foolish deficit spending tend to indicate, it yet remains to be seen what form it will take or …
Read more at the Texian Partisan
(The opinions in this article are the opinions of the author and do not necessarily represent the views of Southern Nation News or SN.O.)