Insights from Ron Paul, now retired. The more I listen to this, the more I think his supporters stayed on the couch last Tuesday disillusioned & disenfranchised.
Here's a transcript of one important part:
"If you look at the numbers and the way pure democracy works, pure democracy is
dangerous. The majority dictates against the minority. Right now the majority
are receiving a check. That is why people were sort of surprised with these
conditions that the president could get reelected. That is a bad sign in that
there are more on the receiving end. People do not want anything cut. They want
all the bailouts to come. They want the Fed to keep printing money. They do not
believe we of gone off the cliff or are close to going off the cliff. They think
we can patch it over, that we can somehow come up with a magic solution. You
cannot have a budgetary solution if you do not change what the role of
government should be. As long as you think we have to please the world and run
this welfare state, all we will argue about is who will get the loot."
What happens when Santa's bag of goodies runs out of the loot?