Ron Paul and George Walker Bush on Social Security

Our Social Security system
is the very definition of a Ponzi, or pyramid scheme.

Congressman Ron Paul
Constitutionalist Libertarian

Some in our country think that Social Security is a trust fund,
in other words there's a pile of money being accumulated…
because you put money in the government saves it for you,
and then when you retire you get it out…

That's just simply not true.

The money, payroll taxes going into Social Security, are spent.

They're spent on benefits and they're spent on government programs.

There is no trust.

We're on the ultimate pay-as-you-go system…

The only thing Social Security has is a pile of IOUs
from one part of government to the next…,
therefore when you have more retirees living longer for greater benefits
with fewer people paying in,
the system inevitably will go into the red.

George W Bush

"In North Carolina Gingrich is at 51% to 14% for Romney"

Ron Paul on Big Government, the Federal Reserve and Counterfeit Money

"We are dealing with a problem in Washington as a budgetary accounting problem
and that’s not it.

It’s a philosophy problem.

We have a government that is so out of control that, I don’t know,
we should call them liars.

Others would.

But they’re always telling you what they’re going to do for you.

Well how are they going to do it?

What do they have?

They produce nothing.

They have to steal it from somebody and give it to somebody else.

If you don’t have enough taxes to pay the bills,
you create this counterfeit machine called the Federal Reserve.

...Oh print the money.

That’s painless.

You don’t have to borrow money.

But the whole thing is, it’s still theft.

It’s counterfeit.

It’s illegal."

Ron Paul