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Originally Posted by Whirlaway
Romney is not my guy; but if he wins (which I think he will), he will be very serious about controlling our debt and the size (and intrusiveness) of our government....here is what Rush said; and Rush knows............
RUSH: Folks, I must be honest with you. I hear this all the time from people about Romney, and I know him and I’ve talked to him. He came here and he sat down and he told me what his plan was, and it sounded like anything you and I would say. He even said to me, “If I accomplish everything I want to do, I may only be a one-term president.” I said, “What do you mean?” “Because I am gonna so fix this. It’s gonna be dramatic. We’ve gotta reverse this. We gotta stop this. Our children’s future is at stake here, and I’m gonna stop the direction that we’re headed, and if they throw me out after four years, fine and dandy.” And from right here in this studio he left to go to a huge fundraiser here in Palm Beach. First traffic jam I have ever been in since I lived here trying to get home. (interruption) No, I don’t go to fundraisers. Of course I wasn’t invited. I don’t go to those things.
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That sounds encouraging. I hope Romney really trys to reign in spending. This country is running out of time. The interest rates can't stay low forever. When we start rolling over the debt at much higher rates it's going to explode the deficit. We're paying roughly three hundred billion in interest on the debt per year and that's at approximately two percent interest. If we get Carter era rates, it's going to be game over. The higher the rate, the higher the deficit, the higher the deficit, the higher the rate, etc; it's a death spiral.