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Ron Paul Liberty Report

The Road To Ruin: U.S. Government Adds $1 Trillion In Debt In 3 Months!

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 22 September 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

It took the U.S. federal government almost 200 years to rack up $1 Trillion in debt. The latest trillion to be added took a mere 3 months! Far too many Americans have come to believe that, instead of protecting individual liberty, the U.S. government can be everything to everyone. Meanwhile, members of government have come to believe that, not only can they perform such an impossible task, but they can perform it for the entire world! This massive delusion is racing towards a massive bankruptcy.

Transcript

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0:00.0

Hello, everybody, and thank you for tuning in to the Liberty Report with us today as Chris Rosini, our co-host, Chris.

0:07.0

Good to see you today.

0:09.0

Great to be with you, Dr. Paul.

0:10.0

Very good. We're going to be talking about debt. Do you think anybody in this country has any concern about that debt?

0:16.0

Well, if they don't have concern yet, we might add some fuel to the fire because we're concerned that we should be concerned.

0:25.0

And it signifies something is out of control that we want to talk about that.

0:30.0

But before we do that, I want to mention a related item indirectly about the debt and what's going on on one incident that happened here in the last day or two.

0:40.0

And that has to do with the F-35.

0:43.0

The F-35 is the biggest boondog I think we've ever had.

0:46.0

And I think the Pentagon now owns 450 of them.

0:51.0

But there's a fascinating story and a weird story about the pilot of one of them had to bail out.

0:59.0

He survived and they talked to him, but there was some confusion.

1:03.0

Then the plane kept flying because it was like on autopilot and it went about 60 miles or so and then it crashed.

1:09.0

But for 24 hours they couldn't find it.

1:12.0

And the planes had a lot of problems.

1:16.0

They've been selling some of them, but it's very, very controversial.

1:19.0

But we still, the DOD has a lot more ordered.

1:23.0

And I kept thinking, you know, these planes are so expensive and they're being sold, I think.

1:29.0

Well, this is part of the military industrial complex.

1:32.0

They lobby for this. Well, where do they get the money paid for it?

1:35.0

Chris, guess what?

1:36.0

I think they get it from the Federal Reserve. I think it's inflationary.

...

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