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Paul pans McCain and Obama for backing bailout

October 17th, 2008, 5:38 am · 5 Comments · posted by Dena Bunis, Washington Bureau Chief

Rep. Ron Paul

Rep. Ron Paul

Former Republican presidential hopeful and Republican congressman Ron Paul says when it comes to the bailout; John McCain and Barack Obama are virtually interchangeable. And both are wrong.

Speaking on CNN this morning, Paul said both presidential candidates voted for what he said will long term be a disaster for the economy.

“In time we’re all going to suffer and pay for this,’’ said Paul, R-Texas. “You’re asking the poor people to bail out the rich. Economically it’s a disaster. It’s like a drug addict taking a strong fix. It feels better for a day or two but believe me we’re going to kill the patient.’’

Now Paul did have one good thing to say about each candidate.

“I do think John McCain has a better approach to the medical problem,’’ Paul said, referring to the GOP candidate’s free market approach to health insurance.

“And Obama has a better approach in trying to save some money by coming home from Iraq,’’ said Paul, who was the only Republican primary candidate who opposed the war.

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Posted in: McCainObamaPresidential electionmeltdown
 
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 5 Comments

  • lisa lou says:

    You should not have dropped out. You could have beat McCain.

  • thefloyd says:

    The only thing Confederate Paul can beat is sand.

  • Dan says:

    Ron Paul is a scholar of the Austrian School (economics). He is a Medical Doctor and an expert in economics. Ron Paul is just what this country needs but unfortunately the corrupt players at the RNC and DNC weren’t about to let an honest man into the game. The mainsream media was only to happy to go along and effectively exclude him. Ron Paul actually honors his Oath of Office and believes in the Constitution and the Rule of Law, which is a rarity amongst the criminals in Washington DC

  • Republicans are TRAITORS says:

    The only person that could have saved our nation. Fiscally responsible, knowledge of currency, banking and markets, character and respect for the Constitution.

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