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Ron Paul: “The U.S. Government Must Admit It Is Bankrupt”


I’ve often wondered why the state can mortgage the children and yet a private citizenship cannot sell a child into debt slavery. Why cannot a parent take their child into a car dealership and sign them up for debt slavery for a car? Both the left and right scream of “Think of the children”. I must assume they are thinking of the children and how to sell them into bondage.

Any time you bring the two Pauls together in an interview, and start discussing items such as the debt ceiling, government spending, and monetary policy you know the results will be good. Sure enough, in this rare ABC interview with father and son, the sparks fly, and among the topic touched is the most popular story on Zero Hedge from yesterday, namely President Obama fabulous hypocrisy, who after bashing the debt ceiling as a senator 4 years ago, has bet the outcome of his entire economic policy on maxing out every single credit card available to him. Paul’s response: “we have to face the fact that we are bankrupt and we can’t pay our bills.” Not exactly the kind of thing one wants to hear if one’s name is Hu Jintao. That said you know the Paul-led interrogation of Bernanke will be something else, even if it is ultimately totally fruitless.

Ron Paul Wants You! (To Take On The Fed)

For all those with a penchant for crunching manipulated numbers and wish to make a change by taking on the Fed (ironically, making some fiat in the process), this may be your chance: Ron Paul, chairman of the Domestic Monetary Policy subcommittee, and his chief of staff Jeff Diest are seeking to hire a young economist, “thoroughly Austrian, and preferably with an advanced degree. The candidate needs strong knowledge of the Fed and monetary policy generally, and must be an effective writer.  He or she will be responsible for organizing hearings; summarizing data and Fed actions for Dr. Paul; writing statements; dealing with Financial Services committee staff; and various other tasks.” Sorry Joe LaVorgna, despite your ubercreative “weather worker” adjustment, you are on the exclusion list.

More from Lew Rockwell, who disclosed this job opening:

Ron and Jeff want an economist with a “strong personality to match their strong analytical skills.” The Fed and its shills are significant opponents, after all. The “salary will be respectable, a solid 5 figures, though depending on experience.”

Write me if you are that person, or can recommend someone. The preference, btw, is for someone with no Beltway experience. And probably you should be single. But what an opportunity to work hard, do good, and have fun. I will add, from personal experience, that Ron Paul is a great boss, too.

This can be a life-changing experience for the right young person. Imagine an 18th century classified: “Wanted, Economist-Assistant to Thomas Jefferson.” This is the equivalent, although Jefferson was not as principled in office as Ron Paul.

Courtesy of Lew Rockwel, h/t Stefan

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