Ron Paul: "The U.S. Government Must Admit It Is Bankrupt"

Tyler Durden's picture

Any time you bring the two Pauls together in an interview, and start discussing items such as the debt ceiling, government spending, and monetary policy you know the results will be good. Sure enough, in this rare ABC interview with father and son, the sparks fly, and among the topic touched is the most popular story on Zero Hedge from yesterday, namely President Obama fabulous hypocrisy, who after bashing the debt ceiling as a senator 4 years ago, has bet the outcome of his entire economic policy on maxing out every single credit card available to him. Paul's response: "we have to face the fact that we are bankrupt and we can't pay our bills." Not exactly the kind of thing one wants to hear if one's name is Hu Jintao. That said you know the Paul-led interrogation of Bernanke will be something else, even if it is ultimately totally fruitless.


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Michael's picture

It doesn't matter anymore. The complete and total economic collapse of the USA is a mathematical certainty now. It might have mattered 2 years ago, but we weren't smart enough to get Dr. Paul in the Whitehouse back then.

Shameful's picture

The final point of no return was 2001.  Our fate was sealed then, there has been no way out since then.  Even then it would have been damn near impossible to turn the ship of state.

Cheesy Bastard's picture

If only there was a way to get the people who are alive 100 years from now to pay for all this...

Shameful's picture

I've often wondered why the state can mortgage the children and yet a private citizenship cannot sell a child into debt slavery.  Why cannot a parent take their child into a car dealership and sign them up for debt slavery for a car?

Both the left and right scream of "Think of the children".  I must assume they are thinking of the children and how to sell them into bondage.

dbach's picture

lmao hilarious +1 000 000

gmrpeabody's picture

They're thinking of children alright. THEIR children. They don't give damn about yours!

Cheesy Bastard's picture

It is the same reason that the government can do to your kid in a public airport what would get a pedophile arrested.  

Dr. Porkchop's picture


That's what really exposes that TSA shit as a total sham. We really have to take little Sally six year old and feel her up for explosives? Give me a fucking break.

Shameful's picture

Give it time.  There will be stories about children taken from their parents and sexually molested by the TSA during the screenings in private rooms.  Give it time.

There is nothing the Americans will not put up with.  Amazing what a few chemicals, and a little TV will do to the character of a nation.

JLee2027's picture

Well you're wrong there. Matter of time before the powder keg blows up.

Shameful's picture

Ah you say that and I am not convinced.  If I were the oligarchy I would stage a terror attack to rally the masses.  Say a nuke attack from everyone's favorite scapegoat, probably in Chicago or Dallas.  Gets the heartland thing going.  That would distract them quite well and they would put up with a lot more "security" to stop another nuke strike.  After all TSA seems quite reasonable if there is a nuke fear no?

The oligarchs have had a lot of time on their hands and think tanks working on this issue.  At best the Americans descend on each other left vs right which the oligarchs walk away with the money.  There is a reason a lot of big boys own a lot of foreign property or have remote compounds, they are planning on not getting caught up in any possible violence.

I will state I am not supporting either action, and I find both a nuke attack on Americans killing each other odious and a great tragedy.  I'm simply trying to look at what I would do if I was in the oligarchs shoe's and possessed no ethics or morality.

RSDallas's picture

Hey leave Dallas out of this will ya!  Send them to Fargo.

YHC-FTSE's picture


You're really on the ball today.

Bartanist's picture

Been saying for a while the ONLY way Richie Daly would give up being mayor of Chicago was if he was threatened and/or told what was going to happen in Chicago. And that is why the son of the Irgun terrorist, who was Obama's handler, will be the next Chicago mayor.

Making Bill Daly the Obama Chief of Staff is just another part of the payoff.

Who can make all sorts of irrational things happen in Chicago and misdirect the police, fire department, aldermen and the people? The mayor of course.

If there is a city that is a target, my bet would be placed on Chicago.

Shameful's picture

Hmm, to be honest I hadn't even factored all that in. I made my possible target list a year ago and Dallas and Chicago came out on top for different reasons. Food for thought. Particularly since I estimated it would be a small nuke, cause damage and rads but not destroy the town. To bring in fear of the "suit case nuke". With Rahm at the helm he could exasperate the chaos.

Also if any gov employee sees this. I in no way have any knowledge of any plot or plan to use any nuclear device in this nation, or any affiliation with any group other then my damn school and place of employment. I'm just some dumb college kid who does a lot with game theory and analyzing possible situations, for 'fun'.

barkster's picture

kinda fits in with the feds a couple of years ago asking local law enforcement in suburban chicago counties where they could bury 400k bodies...

chumbawamba's picture

I'm gonna need more ammunition.

I am Chumbawamba.

Dr. Sandi's picture

Put 'em right next to Jimmy Hoffa. Nobody will ever find them.

Mr Poopra's picture

You are in fact more correct than you think.  The nuke option was on the table and was actually removed by, let's say, "higher" sources.  Chicago was the city i was told.  Where did you get this information?

Dustnshadow's picture

I'm sad realizing the people of the Land of the Free are writing disclaimers like this.


jeff montanye's picture

the kid makes a lot of sense though.  rahm's first loyalty is to israel and a small device on say the south side, not anywhere near north shore mind you, would be far better for israel than the continued waning of american passion for the beleaguered little zionist entity.  what it would do for the continuing police state of the union would be gravy.

ReeferMac's picture


The irony of writing a disclaimer to a completely farcical anonymous internet posting apparently was missed by everyone else.

Too many Jews living in Chico, they'll never hit it. middle-of-fucking-nowhere-nebraska, that's my bet. Maybe something closer to the coast, down in the SE Seaboard, so the radiation doesn't fuckup those Orange groves in Florida (gotta have fresh-squeezed).

Atlanta sounds nice, nothing 'desireable' living there... Maybe clean the town up at the same time?

'Course, I didn't mean to offend any of our Zionist rulers with that statement, so please don't come after me, just a whimsical bit of fiction, is all... LOL!

chumbawamba's picture

Do you realize many people who died in the WTC were Jewish?

A few martyrs are always factored into the equation.  As long as its not one of Them.

I am Chumbawamba.

RockyRacoon's picture

Year to date statistics on Airport screening from the Department of Homeland Security:

Terrorist Plots  Discovered               0

Transvestites                                 133

Hernias                                        1,485

Hemorrhoid  Cases                     3,172

Enlarged  Prostates                    8,249

Breast  Implants                        59,350

Natural  Blondes                                3

Dr. Sandi's picture

har har har!

No, I'm smiling when I say that.

But not actually ROFL or LMAO. But, LOL sort of.

Actually HHHOL.

Shameful's picture

Hmm you know I wonder if I'm allowed to ask for a female to grope me next time I fly. Smile, make a little small talk "Be gentle this is my first time", "So do you do this a lot". Wonder if there are any rules about wearing underwear. If they are going to stick their hands down my pants they should feel nuts.

Irwin Fletcher's picture

They wear groping gloves. I've thought about that too, but next time I've decided to request the more modest, 'could I not be groped by a flaming homosexual?' That happened to me this summer before groping became the new normal, and I about lost my cookies.

creviceCaress's picture

i got underwear...some bacon grease in key spots, BUT...not too much, you want 'em to feel it just enuff to get a little slide....something they're not used to.  then of course the aroma will get a nice reaction.  i advise walking around like this for a coupla days beforehand...justa get used to it, of course....heh,heh...i mean,whats to say some people don't get a sexual fulfillment from experiencing their bodies in news ways?  no law on that one?

barkster's picture

reid will rush that law through this week.

Dr. Porkchop's picture

Maybe pop a Viagra beforehand too.

SwingForce's picture

Breast Implants, never an odd number H.m.m.m.m....

Overpowered By Funk's picture

What, no cukes wrapped in aluminium foil?

MayIMommaDogFace2theBananaPatch's picture

Nine times out of ten it's an electric razor, but every once in a while -- it's a dildo. Of course it's company policy never to, imply ownership in the event of a dildo... always use the indefinite article a dildo, never your dildo.

Problem Is's picture

If it was Stephanopoulos... The security guy would say:

"Never your dildo...but... You're a dildo..."

jeff montanye's picture

again, a smear on an honorable and beloved appliance (more, even, than the douche bag).  what have dildos ever done to deserve such an odious comparison?

velobabe's picture

no matching carpets to the drapes, uh?

Hook Line and Sphincter's picture

I was the tranny with the hernia and enlarged prostate. This messed up their stats a bit.

velobabe's picture

my friend jessica just traveled to europe from the USofA. only to find out later she could of refused the Xray for a feel up grope. she said she also had to have an Xray in Amsterdam. what is up with Amsterdam

Shameful's picture

Which is that all property including the bodies and minds of it's citizens belong to the state.  The rhetoric of freedom has replaced freedom.  The masses content with creature comforts did not notice the change.  Now slowly but surly the creature comforts will be removed even as the rhetoric is increased.  We will have new freedoms, such as the freedom to report on one's neighbor for crimes against the state, like hoarding.

Quite funny that after so many years of the cold war we are in the midst of recreating own new soviet.  My personal fear is that this new soviet will take a Mao or Stalinist bent.  After all we have public overlords openly praising Mao.  Look at your neighbors and those around you, how many of them would rat you out for personal gain?  "We are all in it together"

Racer's picture

Take one free frog, place in water, add heat slowly gradually warming.

tenderising process is best produced over a very slow flame, only when final wound salt added is high heat applied to finally kill off the human in frogs clothing

Calmyourself's picture

 "The rhetoric of freedom has replaced freedom"

At some point rhetoric of this nature has a price attached.

I applaud the thought and turn of phrase, well done!

Bananamerican's picture

"The rhetoric of freedom has replaced freedom."

there it is.

Financial Noose's picture

Aldous Huxley many years ago said, and I paraphrase, the more capitalists interact with communists, the more the communists will become capitalists, and the more the capitalists will become communists.

The dude was way ahead of his time.


chumbawamba's picture

Man, I was just making the BNW juxtaposition myself.  Soma anyone?

I am Chumbawamba.

Guy Fawkes Mulder's picture

Capitalists = communists = oligarchs and oligopolists.

Huxley was aware of oligarchy.

Bastiat's picture

A Modest Proposal - Jonathan Swift

JLee2027's picture

Your quandary is answered simply by the old saying "The road to hell is paved with good intentions". Many of today's intentions though, to continue and even expand this farce, are not so good.

I do not know if collapse is a mathematical certainly. I do know that the sooner it happens, the better off we will be...I prefer to avoid the need for  violent revolt.

BUY PHYSICAL SILVER and drain the swap.