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Scary times ahead? Perhaps, if you take credence in what Rep. Ron
Paul, R-Texas, says.
Paul, who had a strong grassroots
following during the 2008 presidential election, explained on Glenn
Beck's Sept. 30 radio program that perilous times lie ahead due to
the Federal Reserve's loose monetary policy. Host Glenn Beck asked
if voices on the left, including the left-wing media, were right -
would there be violence and is this an effort to pin it on the
conservative movement.
Beck began by asking how an Israeli
strike against Iran might trigger problems with the American
financial system.
"What happens when Israel strikes Iran or
Iran has the earth rays and we know that they now have a nuclear
weapon, what happens to our financial system at that point?" Beck
asked.
The
former GOP presidential candidate Paul maintained China would become
the world's financial heavyweight and they were already making
preparations to be the world's top dog.
"I think the Chinese take over," Paul said. "If there's a
real panic and oil shoots up to a couple of hundred bucks, the
Chinese will dump their dollars. Chinese are maneuvering for this.
The more we threaten Iran, the stronger the Chinese influence gets
because they're using the dollars that they have earned from us and
saved, they have a trillion, and they are starting to buy up assets
in Iran and build plants and get involved in their energy. So the
whole thing is backfiring on us. We're getting ready to put tougher
sanctions on the Iranians and that will make things that much worse.
It won't help the dissidents in Iran. It's going to cost us a lot of
money, and there will be a bombing and that will be a big, big
event. I think it will crash the dollar is what I think it would
do."
And what does the country look like after the dollar
crashes? Not good the Texas congressman said.
"We think it
was bad with the financial crisis," Paul said. "When you have a
dollar crisis, the whole thing quits functioning. The checks bounce
and literally the federal government's checks bounce if you have -
if inflation goes up."
But the situation deteriorates even
more Paul - with states leaving the union.
"I think we're
going to have a de facto 10th Amendment, secession," Paul said
"People are just going to ignore the federal government because they
won't - and there's, you know, a total loss of credibility."
Beck alluded to media charges and warnings from others that there
would be violence and contended the right is being set up to take
the fall for it.
"Congressman Paul, the media and even [Rep.]
Patrick Kennedy said this, we heard this from two people, Muammar
Gaddafi and I believe the other one was Ahmadinejad that both spoke
last week and they - we're hearing it all the time that there's
going to be violence here in America, that people are targeting,"
Beck said. "Basically everyone is going to blame this on the right,
any kind of violence."
There would be violence, but not
before a dollar crisis happens as some Democratic politicians and
media personalities have warned, but afterward Paul said.
"I
think that there will be violence," he explained. "I hope we don't
have to go through, you know, a very violent period of time, but
that's what happens too often when the government runs out of money
and runs out of wealth, the people argue over, you know, a shrinking
pie and, of course, the people who have to produce are sick and
tired of producing."
http://newsbusters.org/blogs/jeff-po...isis-triggered
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