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Old 08-01-2011, 05:19 PM  
dyna mo
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Quote:
Originally Posted by DJ The Kid View Post
The truth, according to Rep. Ron Paul (R, Texas), is that there are actually no cuts at all in the new plan. ?The ?cuts? being discussed are illusory, and are not cuts from current amounts being spent, but cuts in projected spending increases,? wrote Ron Paul. With only 2% of cuts taking place before the next presidential election, according to Zerohedge, the truth is that Washington is about to pass ?a bigger budget than ever? despite heavy rhetoric, said Ron Paul, who put it like this:

- Ron Paul

On the flip side is liberal economist Paul Krugman, who in his New York Times opinion column called the deal ?a disaster.? Krugman notes that the economics of the plan are completely flawed given that cutting spending in a weak economy will lead to further weakness. Indeed, it will actually worsen the budget situation, making the economy weaker and reducing revenues.

http://blogs.forbes.com/afontevecchi...ng-deal-sucks/

good ole ron paul talking out of both sides of his shister career politician flip-flopping ass mouth

Quote:
U.S. Rep. Ron Paul (R-Texas) was one of only four House Republicans to break rank from the party and request earmarks despite a Republican Conference earmark moratorium. Paul sent 41 earmark requests totaling $157,093,544 for the 2011 Fiscal Year. His largest single request was $19,500,000 for a naval training ship at the Texas Maritime Academy in Galveston, followed by a $18,126,000 to provide maintenance on the Matagorda Ship Channel.

For Fiscal Year 2010, Paul requested 54 total earmarks, adding up to $398,460,640 in pork that the former presidential candidate sought to bring home to his district. These requests were made prior to the House Republican Conference?s voluntary ban on filing earmarks.
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