One Former Presidential Candidate Speaks Out On Obama's Stimulus Plan
One Former Presidential Candidate Speaks Out On Obama's Stimulus Plan Save Email Print
Posted: 2:37 PM Jan 7, 2009
Last Updated: 2:37 PM Jan 7, 2009

A | A | A

President-Elect Barack Obama is hoping Congress will take quick action on his proposed stimulus plan.

The plan could cost taxpayers upwards of 775 billion dollars.

One former presidential candidate says it's what got Americans into this mess in the first place.

"Well, I think it's just more of the same. It's more spending and more debt. I don't think it will solve the problem. It's turning the spending responsibilities over to government rather than individuals, and that's not the way you make an economy work", said Ron Paul.

On Tuesday, Obama warned of the likelihood of "trillion-dollar deficits for years to come." He's set to give a major speech on the economy Thursday.

More Stories
Mysterious Tremors Detected On San Andreas Fault

More Than 300 Injured By Earthquake In China

Mining Accident In Greenville, Injuries Reported

Woman Sues, Says New York School Used Her As 'Plaything'

Panel Backs Aid To Groups That Perform Abortions

Banks Cut Fed Borrowing, Sign Credit Stress Easing

Former Georgetown Detective Settles Lawsuit

Federal Judge Wants To Limit Pretrial Publicity

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
By posting this comment I have read and agree to the Terms of Use and Privacy Policy:
You must agree to the Terms of Service to continue.
Read Comments
Comments are posted from viewers like you and do not always reflect the views of this station.
Posted by: Spence Location: Seattle on Jan 8, 2009 at 10:51 PM
Amen, brother.

Posted by: kwazimota Location: mississippi on Jan 8, 2009 at 08:57 PM
ron paul dont lie.lies mix me up.he says the truth.we might be needin our kentucky brothers.this is our country too.im to poor to take stealing lightly.thank you

Posted by: Jack on Jan 8, 2009 at 12:06 AM
Could someone please tell me if I have this wrong? The government goes to the privately owned Federal Reserve, they print the 700 billion out of thin air, the fed takes it's cut of the money, loans it to the government, government spends it and makes everyone think it has to pay taxes to pay it back. Who or what exactly is getting paid back? It was printed out of thin air which just devalued the existing money, which in reality is a tax. We are in this mess because the majority of Americans are utterly ignorant. The other 5% supported Ron Paul.

Poll Question
Do you think the leaders of some of the fastest developing countries should have more say in world affairs?

Yes
No



Suggest An Online Poll