Jim Meyers
Newsmax.com
U.S. Representative and former presidential candidate Ron Paul tells Newsmax that bailouts of U.S. corporations are “bad morally” — and says current federal economic policies “will literally destroy the dollar.”
He also insists that the use of “counterfeit” paper money instead of a gold-backed currency is “insane,” and declares it is “foolhardy” for Barack Obama [...]
Filed under: finance | Tagged: bailout, chrysler, dollar devaluation, dollar to devalue, financial collapse, Ford, GM, rescue, ron paul, tarp, wall st | Leave a Comment »