
“‘I think the real worry should be the breakdown of the entire system. As far as default goes, we’re always going to pay the interest. That’s just a fake argument. I’m concerned about the continuation of the default by paying off our bills with money that has less value. That’s where the real problem is, and they’re not even talking about it.’ Paul brushed off the implications for thousands of furloughed federal workers, calling the time a ‘paid vacation.’ ‘I don’t know how people can believe this stuff as being serious,’ he said. ‘The government isn’t shut down and the few people who have been let go, half of them have been put back on. And they’re all guaranteed their wages.'”
http://www.cnbc.com/id/101103087
Related posts:
Fed delays Basel III bank capital buffer rules
Fed Williams: QE3 asset purchases may be expanded
Cuba plans to expand public Internet access
Chicago Marathon ups security after Boston bombings
Michael Hastings Last Story Was On CIA Director Brennan; Will Be Published Soon
Paulson, Soros Add Gold as Price Declines Most Since 2008
Big tobacco stubs out e-cigarette competitors
October 2015 Debut of Yangon Stock Exchange Signals Greater Asean Integration
Bloomberg’s Public Housing Fingerprinting Idea Stuns, Infuriates Residents
Mayor Bloomberg Calls Video Cameras For NYPD Officers “A Nightmare”
Fed Accused Of Sending Nude Selfie To Woman Who Needed Help
Democrats Work To Block Regulations, After Flood Of Campaign Cash
Foreign Money Is Pouring Into U.S. Real Estate, and It's Not Just Houses
Marijuana Compound Fights Cancer; Human Trials Next
Pentagon requests more funding for Israel’s ‘Iron Dome’