Originally Posted by
kfahmi
I wonder if Mr. Paul realizes that, if this were to happen:
1. Many millions of Americans would see their retirements vanish. It's not like our debt is simply to 'the Chinese.' T-bills, savings bonds...all owned by good ol' 'Muricans that Mr. Paul claims to represent, would suddenly be worthless.
2. Our credit rating would plunge to that of Rwanda's. We'd essentially not be able to borrow any money for the foreseeable future, resulting in a massive economic collapse in this country, which in turn would plunge the world into a depression that would make the Great Depression seem like a cakewalk.
It truly amazes me that people possessed of so few brain cells can be elected to an office such as Mr. Paul's.
Look at the value of a dollar in 1914 vs. 2014, the government has/is devaluing your retirement everyday. Ron Paul's main stance on the dollar is it should be backed by something of value, thereby limiting the governments ability to steal your wealth. Also, Ron Paul doesn't represent any Americans nor is he in any office, he is retired.