The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC. Ron Paul has been anticipating problems since 1971. Politically, it is impossible to cut spending.
Federal Reserve has the "bizarre" power to create money out of thin air and bailout their friends while letting others fail. Grandpa: one has to ask themselves how so many elected "representatives" refuse to see the big picture and choose to ignore the impact their selfish and ignorant actions have on our grandchildren!
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