Speaking to a crowd in New York, Congressman Ron Paul (R-TX) said that the United States was now cleaning up a mess that started in 1987.
"We've done everything wrong since 1987 or 1988," Paul, who is running for President of the United States, said. "We spend too much, we tax too much, we borrow too much, we regulate too much, we undermine personal liberty too much, and then we print too much money."
He added that some major corporations and the military-industrial complex would have been liquidated if America had a purely free market economy, but instead they have been propped up by the government. The congressman also called on U.S. troops to be brought home from the Middle East and for U.S. military bases across the globe to be closed down.
Watch video, uploaded to YouTube August 9, 2011, below: