Ron Paul on the financial bailout

Ron Paul blasting the bailout. He raises great points around the potential outcomes.

Ron Paul takes the purest view of letting the banks go under. The problem with that is the impact to the average person who needs to get a loan and can’t because of the lack of monies in the system that are available for loans. However, his concerns are justified. We are between a rock and a hard place. It will be interesting to see how the bailout will effect the value of the US dollar. The US dollar has been stablizing recently from its steady drop over the past year. This bailout could send it into a tailspin if the US taxpayer takes it on the nose with this bailout…

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