Ron Paul was the guy we needed 25 years ago to PREVENT the catastrophe we now face. His be fiscally responsible sales pitch is nice in hindsight, but under the circumstances most know even if only in their hearts that we cannot repay but a small percentage of our debts.
The fact is that even in bankruptcy, there are worse and even worse outcomes. We need to start looking at mitigating damage, not spouting about how we should not print more money etc…
I have always liked Ron Paul, but his close the barn doors approach is not going to work and he is not the right man for the job.