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Ron Paul: Election shows U.S. 'far gone'

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By Stephen Dinan - The Washington Times

Rep. Ron Paul, whose maverick presidential bids shook the GOP, said in the wake of this week's elections that the country has already veered over the fiscal cliff and he sees no chance of righting ship in a country where too many people are dependent on government.

"We're so far gone. We're over the cliff," the Texas Republican told Bloomberg Television's "In the Loop" program. "We cannot get enough people in Congress in the next 5-10 years who will do wise things."

The video can be seen at Ron Paul: We're Broke and Already Over Fiscal Cliff: Video - Bloomberg.

Mr. Paul, who is retiring after 12 terms in the House, said voters on Tuesday rejected Mitt Romney because he had opposed the government bailout of General Motors and Chrysler.

"The people in the Midwest voted against him: 'Oh, we have to be taken care of!' So that vote was sort of like what we are laughing at in Greece," Mr. Paul said.

"People do not want anything cut," he said. "They want all the bailouts to come. They want the Fed to keep printing the money. And they don't believe that we've gone off the cliff or are close to going off the cliff.

They think we can patch it over, that we can somehow come up with some magic solution. But you can't have a budgetary solution if you don't change what the role of government should be. As long as you think we have to police the world and run this welfare state, all we are going to argue about is who will get the loot."


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Ron Paul: Election shows U.S. 'far gone' - Washington Times

Ron Paul: We’re Already Over The Cliff

November 9, 2012 by Sam Rolley

UPI FILE

The United States is already over the fiscal cliff and there is no hope of current political leaders or those elected within the next decade of being able to undo the financial damage that has befallen the Nation.

That’s what Representative and former Presidential hopeful Ron Paul had to say during an interview on Bloomberg Television when he was asked if he believed Congress could work out the issue associated with the looming financial calamity.

“We’re so far gone,” Paul said. “We’re over the cliff. We cannot get enough people in Congress in the next 5-10 years who will do the wise things. We have to prepare for having already fallen off the fiscal cliff.”

The problem, he said, is that too many politicians argue over what must be protected in the budget rather than focusing on necessary cuts. Paul also believes that the re-election of President Barack Obama is a bad sign that the American public is too welcoming to big-government spending.

“That is why people were sort of surprised with these conditions that the president could get re-elected,” he said. “That is a bad sign in that there are more on the receiving end. People do not want anything cut. They want all the bailouts to come. They want the Fed to keep printing money. They do not believe we have gone off the cliff or are close to going off the cliff.”

Ron Paul: We