Market Overview

Ron Paul Calls the Fed a Crackhead

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No, he actually said that.

The Street:

The Federal Reserve is like a drug addict, according to presidential candidate and Congressman Ron Paul, notorious for his hatred of the Fed and love of gold.

In a recent interview with TheStreet, Dr. Paul likened the Fed to a drug addict unable to stop printing money as no one wanted to go through the pain of withdrawl [sic]. The libertarian Congressman, however, believes that Congress will raise the debt ceiling before August 2nd despite that fact that the U.S. is more than $14 trillion in debt, with $275 billion of interest payments due in 2011 alone, according to TreasuryDirect.gov.

Duh, I've said that a bazillion times.

Trust him, he's a doctor.



The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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