Congressman Ron Paul speaks to the $3.5 Trillion dollar budget and that it will not doubt become larger. He also gives some insight into the current G20 Summit in London.
Legislative Assistant Paul-Martin Foss specializes in economic and monetary issues. He sits down with Congressman Ron Paul to discuss the budget and the G20 meetings.
Congressman Paul spoke of Budget Supplementals… here is the definition from WhiteHouse.gov
Occasionally there is need to modify the President’s budget to recognize special circumstances that could not be foreseen when the President’s budget was transmitted to Congress. Changes can only be requested by the President and these changes are called supplementals (for the current year) and amendments (for the next, or budget year). In addition, appropriations acts occasionally provide funds contingent upon the President taking further action to make them available (usually termed a “release”).
Ron Paul notes the budget does not include all of Obama’s war expenditures and also there may be more in the form of TARP stll to come. These will be added as “budget supplementals”.
He then speaks of the G20 and how their outcome might be more in the form of “Globalized Regulation”. This because of what the G20 views as “too much capitalization and too much freedom” in the markets. What all this means is “More World Government, more UN, more IMF, more WTO”.
Also, Ron Paul comments that behind the scenes they must be discussing the failed “dollar policy”. Which will lead to a global currency. It is also, interesting to note that he suggests we already have what would make a good Global Currency. Gold and Congressman Paul mentions that this is what should be the standard.
Once again Congressman Paul is making a stand for Liberty and calling attention to the fact that the US Government is eroding our sovereignty and pushing quickly towards a “World Government” with a “Global Currency”. Which I believe illustrates that there is no real difference between the current administration and the prior administration.
We like to put on our DNC and GOP hats with no thoughtful intellectually honest consideration. Have we really looked at either platform under the light of the Obama or Bush administration’s actions. Try something different… follow the money and have enough emotional courage to admit… you may have been “duped”.
Just who are Bush, Obama, Paulson, Geithner, Bernanke and Brown? Do you know how they are ALL connected?
Related posts:
3.5 Trillion Budget – Google News
