One thing is for certain both parties keep the gravy train welfare coming to private companies and alike that supply the needless unconstitutional invasions and occupation of countries around the globe.
The American empire – indeed, the entire colossus that is our bloated federal government – could not exist a single day without enslaving the American people to the demon of debt. The obvious beneficiaries are those collecting the interest on that debt – the big financial institutions that buy and sell US government securities. They finance the wars, they profit from government spending, and this is the essence of the real issue of “crony capitalism” some of the lesser Republican presidential candidates babble about without understanding or acknowledging that it isn’t just Solyndra. That’s small change compared to the massive theft being pulled off by the Federal Reserve as it inflates away our savings and enriches the few.
How do we pay for our overseas empire? The same way we pay for our burgeoning welfare state: by monetizing the debt, i.e. degrading the currency by creating “money” out of thin air, and inflating the bubble until it bursts again. This has been Paul’s issue from the beginning, and it’s a powerful one: it has substantially shaped the political discourse, with the other candidates forced to jump on board the anti-Fed bandwagon.
This is the Ron Paul Effect...Here is a conservative populist who is challenging their power, and in the very redoubt of neoconservative orthodoxy, the GOP! They who have always lived in fear of the rest of the country – in fear of the day those peasants with pitchforks gather in the streets below and yank them out of their Manhattan towers – are seeing in Paul their worst nightmare come true.-Ron Paul and the Future of American Foreign Policy