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Discussion in 'Politics' started by KenH, Oct 12, 2007.
Friday, October 12th
Ron Paul Speech on Foreign Policy
On C-SPAN2 at 8:00 p.m. CDT
I actually watched that speech. What really got my attention was the idea of abolishing income tax, the federal reserve, and going back to a gold standard.
He claims he can eliminate INCOME tax and not replace it by changing expenses of keeping troops overseas and the cost of the wars.
Ken, do you think this is possible?
Very simple, fire 95% of the federal work force and spend no money:applause:
Possibly. If the income tax was eliminated totally the federal government would still have as much revenue as it took from the citizens in 2000 is what I have heard. The problem since President Bush took office is that he and the Congressional Republicans(with help from the Democrats) went on a huge spending binge. The Iraq conflict alone is costing over $100 billion per year.
I would like to see the speech. The talking points y'all make contradict Rep. Paul's earlier statements regarding an expanded role of government spending. I would agree with his talking points. Problem is, which Paul do we believe?
Without wars, we still ran a deficit. Tancredo has rightly pointed out that discretionary spending reforms alone will not solve America's fiscal solvency issues.
Here's the audio:
Here's the video:
Thanks Ken. I look forward to enjoying it.