Paul: Fed On The Defensive
November 4, 2011 by Sam Rolley
GOP Presidential hopeful Ron Paul, speaking on MSNBC’s “Morning Joe” on Thursday, said that his message against the Federal Reserve’s constant manipulation of the United States’ monetary system is beginning to resonate with the American public.
“Just think of the success with the Federal Reserve. Bernanke has to go before the people at press conferences. I mean, they’re on the defensive now,” he said. “Sixty-five percent of the American people say ‘we need to know how they’re passing out this credit.’ Fifteen trillion dollars worth of credit, they’re bigger than the Congress — $5 trillion went to foreigners.”
Paul said that voters are coming his way because times have changed. He cited dramatic differences in the way the country operates now and how it did four years ago.
When asked why Herman Cain was leading in the polls, Paul said that media coverage has everything to do with a candidate’s popularity. Paul called the media’s ignorance of his own campaign a product of his revolutionary ideas.
“I’m attacking the status quo like never before,” he said. “I mean the whole entitlement system, and I think there’s a whole lot of support out there for what I’m talking about and they realize that and they’re not going to give me a boost because I’m challenging the whole banking system, the military industrial complex, the welfare state, our foreign policy. I want to go back to following strictly the Constitution.”
Paul also said that if the United States doesn’t change its foreign policy, the country is “doomed” because the United States is following the same path that the Soviet Union did.