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You know placing real unemployment really real we consider -- -- there is a Republican presidential -- -- Texas congressman Ron.
All positive congress are more reminders today the pickle we're ran the -- swooning.
And the larger concerns what's going on agrees gonna happen -- inflation's gonna happen there lower business confidence here well -- -- and it's gonna.
-- exactly what you're saying you're describing it rather well is gonna continue end.
In the many -- free market economists have predicted we'd have a yes severe prices and 08 have also predicted that this would last a long time.
We did do the right things and we're not doing the right things were doing all the wrong things so we're gonna perpetuate our problems.
And we tried to papered over you can do that in the short term and get out of a mild recession but.
Older mentally when you just pay for everything that is borrow and spend an imprint of money.
-- up with higher prices which is a tax and that's what we're looking forward to especially next year.
I'm -- -- -- -- pressing a little bit congressmen and you have votes on the floor and understand a little late because of that sort of wanted to write to some of the questions of where you can Vernon.
I governor Rick Perry of Texas here who might or might not enter the race he certainly it's -- Like he's gonna enter the race up.
But I I'm wondering from your vantage point what that says if he does that there's frustration with the field.
Which includes use our -- -- -- -- -- Yeah I think he would dilute the establishment vote he certainly has an appeal he's seven governor -- large state in our states doing.
Better than a lot of states so I would say he has some positives there.
But he doesn't identify with the people who are disenchanted with -- status quo he's -- -- you know with.
You know the previous administration.
-- And very much the status quo way and I I think some of the early polls have -- a little bit of that already.
So he he's going to dilute the vote but he'll say it dilute the establishment vote.
But the people who are sick and tired or what they're getting in Washington they want some.
Significant changes and looking this from a free market.
I don't think -- -- going to be that attractive to that group of people.
Think of Michelle Bachmann.
-- that -- -- I guess prosperity was very deformed but to announce that she's in Norris.
Oh well it looks like it was very positive for -- -- politically speaking it she probably did it pretty Smart thing.
-- -- it on any level -- congressmen and you're not a vindictive fellow but out.
A lot of the ideas -- -- years ago before a lot of these guys.
-- and the kind of good congresswoman.
They get to Verizon and you get buzzed.
Well I don't I don't feel quite that way because -- when I travel all the difference is night and day compared to four years ago I got a satisfaction.
Out of the fact that you know the other candidates now say a few things that sort.
Acknowledge what I've been doing and saying before used to be boos and hisses and now they'll say well you know -- sort -- agree with Ron Paul -- that's -- I get a little bit of satisfaction.
I mean that should come back adamant say hey idiot I said this -- -- laughed at me back man.
And but you're not attempt against the -- I don't know I don't think so I think the policy -- -- idiotic and I think.
The policy -- -- reflection of many many decades of bad -- training -- bad teaching.
So I try to direct my attention there even though I get emotional time -- -- in a personal way back.
I try to avoid and I don't think that'll change things I think -- change people's ideas.
An understanding on economic policy that's what really counts in the people have to understand why you're doing it.
Then we can have the real change that we need.
Congressman your your your buddy but I guess Federal Reserve.
What sort of putting the -- on on you and your colleagues by extension.
To move quickly on raising this debt ceiling because -- implications I'm paraphrasing your serve but would be devastated.
What did you think of that did that change the equation out it.
He's put -- you don't you -- Yeah -- I heard that that I have I think that he's being -- receding on that because.
What what what what does he admit to what does he know his own mind.
Would happen if we don't get our house in order we don't quit spending.
That alternative to many of us is much much worse than dealing with the fact that you know enough is enough we have to start cutting spending and we have to change our policies.
So -- -- describes it there could be problems if we don't immediately raise -- debt limit.
But the alternative is so much worse he never talks about that it was sort of like that way they talked about bailing out Wall Street and the banks.
-- you know three years ago.
And they said it would be catastrophic well it's big catastrophic for the people who lost their jobs in the recession that we have is approaching a depression.
But he did it did it help the banking industry we got the ball I have all those bad assets and -- -- saying he's hardly don't want to be pointing fingers and such.
Now I there's no way because you know he he's made our livelihood and they sincerely believes that we just disagree with -- mean.
He and I he and I am completely -- and understanding of what caused the depression and why it was prolonged.
And but I I became president you wouldn't reappointment -- in this.
No but I don't emphasize that he is the problem as much as keynesian economics in this -- system I wanna.
I want to repeal the Federal Reserve back -- you know and really have sound money and have market rates of interest.
Not dictated rates of interest by anybody at the Federal Reserve our reconnaissance it's always a pleasure thank you -- -- Thank you all right --
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