Saturday, October 13, 2012

Ron Paul Won't Endorse Romney, Sees "Essentially No Difference"

Ron Paul Won't Endorse Romney, Sees "Essentially No Difference" - JackKenny, New American:

October 12 - "Ron Paul, the maverick Texas congressman who has twice run for the Republican presidential nomination, won't endorse the nominee of his party.... Paul ... made it definitive in an interview October 12 on the CNBC program Futures Now.

"'No,' he said, plainly and unequivocally, when asked about an endorsement. Neither the GOP challenger nor President Obama will change the course of fiscal and monetary policy that is leading to what has been called the 'fiscal cliff,' Paul said, because both are captive of special interests. And neither will act to stop the Federal Reserve from papering over the growing chasm of debt by inflating the money supply in a policy called 'quantitative easing.'

"'Both [are] within the establishment where they need the Federal Reserve as lender of last resort to make sure that you can take all the risk in the world,' Paul said, describing the 'Fed' as an essential prop of what is essentially a 'one-party system' in which both Republicans and Democrats refuse to cut federal spending.

"'I've been in this business a long time,' said the 12-term congressman, 'and believe me, there is essentially no difference from one administration to another, no matter what the platforms [say]. The foreign policy stays the same, the monetary policy stays the same, there's no proposal for any real cuts and both parties support it.'"

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