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Nov. 11, 2015 - InfoWars Special Reports
18:10
Rand Paul Highlights From Fox Business GOP Debate
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Does it matter at all that the gap between the rich and everyone else is widening?
Absolutely, and I think that we ought to look where income inequality seems to be the worst.
It seems to be worst in cities run by Democrats, governors of...
States run by Democrats, and countries currently run by Democrats.
So the thing is, let's look for root causes.
But I would also lay some blame at the feet of the Federal Reserve.
I think the Federal Reserve has made this problem worse.
By artificially keeping interest rates below the market rate, average ordinary citizens have a tough time earning interest, have a tough time making money.
They're actually talking now about negative interest.
The money as it's created, through quantitative easing or other means, tends to start out in the big banks in New York.
And because we're now paying interest for them to keep the money there, much of that money has not filtered out into the economy.
Just lost the feed there.
We also find that as the Federal Reserve destroys the value of the currency...
Don't talk about the Fed, Rand.
Yeah, exactly.
If you make $20,000 a year and you have three or four kids and you're trying to get...
That's what's going on.
They're like, oh, hit the button.
The red button, that's when you use it.
The value of the dollar shrinks...
Those money bags jumped in there.
...the worst.
So really, we need to re-examine whether we want a Federal Reserve that's involved so much in determining interest rates.
We also need to look at root causes as to what caused the housing boom and the housing collapse.
But the bottom line is, if you want less income inequality, move to a city with a Republican mayor or a state with a Republican governor.
Thank you so much.
Well, of course, the dollar shrunk.
It shrank 99 percent over the first 100 years that the Fed was in there.
There's not too much further they can go.
I guess we can start going into it.
So far, they're handling the debate very well.
Yeah.
Letting people talk.
They're getting some issues out there for once.
Well, they all were very worried about getting some bad press.
They went to a break really fast.
Let's go to a quick break, and we'll be right back.
Including me in the tax debate.
I think what's important about the tax debate is that we have to ask the question, where is money best spent?
In the private sector and the government sector?
I want a government really, really small.
So small you can barely see it.
So I want lower taxes and much more money in the private sector.
Tell us where you're going to cut the government.
My tax plan, however, is the only tax plan among any of the candidates on the stage that is part of a balanced budget plan.
I've put forward three plans that actually balance the budget over a five-year period.
Each of these plans have details on exactly where we'd cut.
The question came up earlier, where would you cut?
Nobody likes to say where they would cut.
I've put pencil to paper and done three budgets that actually balance.
I'm also in favor of a plan called the penny plan where we just cut 1% across the board and the budget actually balances in less than five years.
So I think what's extraordinary about my tax plan is it is in the context of balancing the budget.
What's also extraordinary about my tax plan is it gets rid of the payroll tax.
Democrats demagogue this issue to death.
And when they do, they say, oh, a millionaire would get a bigger tax cut than someone making $10,000.
That's proportionality, as Ben's trying to explain to folks.
But the thing is, is if we get rid of the payroll tax, everybody's going to get a tax cut.
And this is something that I think the public at large will support and could win an election.
The payroll tax is most regressive, if you want to use the language of the progressives, because it taxes people that make $100,000 or so less, 15%, and the people who make above that don't pay that.
And there would be two remaining deductions, home mortgage and charity.
Thank you, Senator.
Thank you.
We don't want to go against the realtor lobby.
Well, so many homeowners, I mean, that's all they understand.
That's right.
That's right.
Very important.
You're going to lose if you come after the home mortgage deduction.
Right.
People want their taxes.
They want to be taxed so they can have that home mortgage deduction.
Right.
All right.
Let's see what Marco Rubio is telling us.
He's telling us about kids going to college.
We all want kids to go to college, don't we?
Actually, I don't want my kids going to college.
No, especially not now.
Yeah, it's just all socialism propaganda.
We have to decide what is conservative and what isn't conservative.
Is it fiscally conservative to have a trillion-dollar expenditure?
We're not talking about giving people back their tax money.
He's talking about giving people money they didn't pay.
It's a welfare transfer payment.
So here's what we have.
See, that's why Rubio is exactly like Clinton, even on this, even on college.
...new welfare program that's a refundable tax credit. Add that to Marco's plan for a trillion dollars in new military spending, and you get something that looks to me not very conservative.
Thank you.
He is one of the only fiscal conservatives on stage.
He nailed it.
Excuse me, I get to respond.
Very quickly, Senator.
No, I get my 60 seconds to respond.
He's talking about my tax plan.
So let me begin with this.
I actually believe, first of all, this is their money.
They do pay.
It is refundable, not just against the taxes they pay to the government, but also on their federal income tax.
It's refundable against the payroll tax.
Everyone pays payroll tax.
This is their money.
This is not our money.
And here's what I don't understand.
If you invest that money in a piece of equipment...
And we're going to dole it out to them if they meet certain conditions that we specify.
Don't take it from me.
Yeah, but what if you don't have kids?
Or what if, like me, I already...
Yeah, exactly.
...for school.
I mean, that doesn't help me.
And yes, I do want to rebuild the American military.
I know that Rand is a committed isolationist.
I'm not.
I believe the world is a stronger and a better place.
Yeah.
He's a warmonger.
He wants to go to war everywhere.
And he's being applauded.
How is it conservative to add a trillion dollar expenditure for the federal government that you're not paying for?
How is it conservative to add a trillion dollars in military expenditures?
You cannot be a conservative if you're going to keep promoting new programs that you're not going to pay for.
Yes, exactly.
Exactly.
He's going to pay for it.
He's going to import workers with his H-1B visa program.
For Microsoft and the big corporations.
...beheading people and crucifying Christians.
That we funded.
Yeah.
We created it.
Where did that come from?
Yeah.
Yeah, we've got to go.
More war.
And let's import them to Europe and other places and bring them in without vetting them.
Doesn't it take $4 billion worth of bombs to knock down a $20 shed?
Yeah, it's like $4 billion for a couple jets.
It's like $40,000 for a bomb.
And all to take out like a $10 tin shed out in the middle of the coast province in Afghanistan.
Nine times out of ten, your intelligence is bad.
You're going to have a whole lot of collateral damage.
More than likely, your actual target.
That you're trying to intend to hit is not even going to be there anyways because you're going based off of local nationals on the ground there who already hate America's guts due to the fact that we've been bombing them for so long so they give you bad intel and then nothing happens and then you get bad news and it looks bad and it's just all horrible.
Rand Paul is having a great night tonight.
He is nailing Rubio as a big government Republican, and that's precisely what he is.
He is in favor of war everywhere.
Why do you think he won the Paul Singer primary, a billionaire who is pro-Israel, pro-gay marriage?
He looks like he's going to win the Sheldon Adelson primary, another Zionist billionaire.
And when I call him a Zionist, I'm using the terms that they, I'm not being anti-Semitic, no, they put Israel first.
Paul Singer and Sheldon Adelson put Israel first, and they support Marco Rubio, who supports war throughout the Middle East, as well as open borders, as well as the TPP, the globalism.
I mean, he is down the line, a globalist politician, very slick.
Very polished, and he got eviscerated by Rand Paul in that exchange right there.
Isn't that part of the problem, when I say Senator, that if this deal is not ratified by the U.S., by the Senate, then it would actually give China an opportunity to grow its economic leadership, which it's been seeking to do.
And if the U.S. is unable to pay part of this trade deal with these countries in Asia, China will take the lead.
There is an argument that China doesn't like the deal.
They're like, we're going to skip that break.
Skip the network break.
Skip the network break.
I think we've sort of missed the point a little bit here.
There is an important point though about how we discuss these trade treaties, but I do agree with Mr. Trump on we should negotiate from a position of strength and we also should negotiate using the full force and the constitutional power that was given to us.
I think it's a mistake that we give up power to the presidency on these trade deals.
We give up the power to filibuster, and I'm kind of fond of that power.
We gave up the power to amend.
And I think one of the big problems we have in our country is over the last century, really, so much power has gravitated to the executive branch.
Really, Congress is kind of a bystander.
We don't write the rules.
We don't make the laws.
Well, the question that that guy from Fox Business just said...
That is a total lie.
The one senator, and only one senator, unfortunately not Rand Paul has really studied this agreement to know what it is.
Senator Sessions has, and he pointed out that any nation can be added by this multinational committee that is above the country's.
Once this deal is done, they can amend the deal endlessly, and they can add whoever they wish in a moment, and that would be China.
Let's go back to Rand Paul is talking about the insanity being offered by the rest of the GOP field.
You're asking for a no-fly zone in which Russia already flies.
To have a no-fly zone of Iraq, realize that means you are saying we are going to shoot down Russian planes.
Yes, yes.
If you're ready for that, be ready to send your sons and daughters to another war in Iraq.
I don't want to see that happen.
Send them to die.
Understand that you're not going to see a test missile fired off the coast of L.A. You're going to see it heading into L.A., okay?
Remember when Mark Dice did that video and he asked people, You know, launch missiles against Russia or something like that.
And a lot of Americans are saying, oh yeah, yeah.
And people in Russia said, are you crazy?
Are you crazy?
I mean, America is crazy.
These people, except for Rand Paul, are crazy.
I'd like to finish my response, basically.
You know, if I may respond...
This is an important question.
This is an incredibly important question.
Oh, Kasich keeps trying to butt in.
The question goes to be...
Kasich talked about Ronald Reagan.
...to be our commander-in-chief.
But wait, Ronald Reagan!
...to be our commander-in-chief who says something that we never did throughout the entire Cold War, to discontinue having conversations with the Russians.
I'm not happy about them flying over there, but I'm not naive enough to say, well, Iraq has them flying over their airspace.
We're just going to announce that we're shooting them down.
That is naive to the point of...
of being something you might hear in junior high, but it's scary. - But if you're not going to respond in a no-fly zone strategy, what would yours be? - The first thing I would do is I wouldn't arm our enemies.
I wouldn't arm ISIS.
- Yes, yes, yes. - Most of the people who want the no-fly zone also favored arming the allies of Al-Qaeda, which became ISIS.
That was the dumbest, most foolhardy notion, and most of the people up here supported it.
Hillary Clinton admitted that they created them.
Some of them still do.
Yes.
That's how ISIS grew.
We pushed back Assad.
And a no-fly zone is to make us the air force of al-Qaeda, as he's pointed out.
So the first thing you do is don't arm your enemies.
Well, the guy might just say it.
Thank you.
He has nothing to say over this.
Let's hear Rubio on this one.
I've never met Vladimir Putin, but I know enough about him to know he's a gangster.
He's basically an organized crime figure that runs a country, controls a $2 trillion economy, and is using it to build up his military.
What the hell is Obama?
I was just going to say, like, look at us!
It's a communist gangster.
Oh, my gosh.
...anywhere in the world, whether it's in Ukraine or Georgia before that or now in the Middle East, is because he is trusting a weakness.
His calculation in the Middle East is that he's seen what this president has done, which is nothing.
The president has no strategy.
Our allies in the region do not trust us.
For goodness sake, there's only one pro-American free enterprise.
We do have a strategy.
We were the aggressors.
It's the state of Israel.
We created the color revolution.
The prime minister of Israel with less respect than what he gives the Ayatollah in Iran.
Sucking up to Israel.
There you go.
Paul Singer.
Are you happy?
How about Sheldon?
Sheldon, you like that?
For purposes of edging the Americans out as the most important geopolitical power broker in the region.
And we do have a vested interest.
And here's why.
Because all those radical terrorist groups that, by the way, are not just in Syria and in Iraq.
ISIS is now in Libya.
They are a significant presence in Libya and in Afghanistan and a growing presence in Pakistan.
Soon they'll be in Turkey.
They are coming for us.
They recruit Americans using social media.
And they don't hate us simply because we support them.
Charter schools are being funded with our tax dollars.
Half a billion dollars a year at Islamic charter schools.
There we go.
It is not going away on its own.
Wow.
Yay, war.
Go team.
At the same time, energy production in America has boomed.
Is it possible to continue this boom and move toward energy self-sufficiency while at the same time pursuing a meaningful climate change program?
Globalism.
He believes in man-made global climate change.
Wrong answer.
Thanks for playing.
Including the Clean Power Act.
Well, I do think man may have a role in our climate.
I think nature also has a role.
The planet's 4.5 billion years old.
We've been through geologic age after geologic age.
Something called the sun, I've heard about.
We've had times when the temperature's been warmer.
We've had times when the temperature's been colder.
We've had times when the carbon in the atmosphere has been higher.
Racist.
Racist.
So I think before, we need to look before we leave.
We need a good trigger warning.
We need to go to a...
He wants a balanced solution.
But really, we do need to balance both keeping the environment clean.
We will have some rules for that.
We've got to balance that with the economy.
He's devastated my state.
I say the president's not only destroying Kentucky, he's destroying the Democrat Party down there because nobody wants to associate with him.
So what we really need is somebody that understands that we do need energy of all forms.
And that means we will have solar and wind and hydro, but we will still have coal and we still want natural gas.
Families who are making themselves self-sustainable and then suing them and telling them that they have to get back on the grid or taxing them because their cars are too efficient.
Like they pushed everyone toward this green agenda and then they were like, whoa, that's working too well.
Roll it back.
Roll it back.
We want all of the above.
We want to free up the energy sector and let people produce, let them drill, let them explore.
Thank you, sir.
Well, that's a really, really weak answer.
I'm really disappointed that he would talk about man-made climate change and avoid the elephant in the room, which is global governance being sold to us on the basis of that.
Yes, they're going to have the closing statements.
Let's get Rand Paul's closing statement right now.
...and the history of mankind.
But we also borrow a million dollars a minute.
And the question I have for all Americans is think about it.
Can you be a fiscal conservative if you don't conserve all of the money?
If you're a profligate spender and you spend money in an unlimited fashion for the military, is that a conservative notion?
We have to be conservative with all spending, domestic spending and welfare spending.
I'm the only fiscal conservative on the stage.
Thank you, Senator.
Thank you, Senator. Senator.
Thank you, Senator. Senator.
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