Ron Paul in 2012 State of the Union address

On Energy & Oil: Develop energy independence; no crony handouts like Solyndra

President Obama remains committed to the same old system of debt, deficits, bailouts, and cronyism that created our economic problems. The President speaks of giving us energy independence from unstable nations, yet he refuses to allow the type of development needed to achieve this goal, while at the same time his administration hands out favors to the politically connected--those given to the likes of Solyndra, who fail to produce jobs or energy but succeed in ripping off the taxpayers. Source: Response to 2012 State of the Union speech Jan 24, 2012

On Jobs: Government picking winners and losers kills jobs

In a speech where much of the rhetoric was devoted to job creation, it was strange that Pres. Obama would brag about his job-destroying national health care plan, ObamaCare, and the Dodd-Frank bill, which, contrary to the President's claims, guarantees future taxpayer bailouts of large institutions. Unfortunately, Pres. Obama's 'job creation' policies amount to little more than continuing to allow government bureaucrats to pick winners and losers, which is a recipe for continued economic stagnation. Source: Response to 2012 State of the Union speech Jan 24, 2012

The above quotations are from 2012 State of the Union address to Congress, plus the Republican Response and the Tea Party response: Jan. 24, 2012. Click here for other excerpts from 2012 State of the Union address to Congress, plus the Republican Response and the Tea Party response: Jan. 24, 2012. Click here for other excerpts by Ron Paul. Click here for a profile of Ron Paul.
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Page last updated: Feb 24, 2019