Rand Paul campaigns in Sioux Center

July 02, 2015

REPUBLICAN PRESIDENTIAL CANDIDATE RAND PAUL IS WARNING A STOCK MARKET CRASH MAY BE AHEAD BECAUSE THE FEDERAL RESERVE HAS KEPT INTEREST RATES FROM FLUCTUATING. “PEOPLE SAY, ‘OH, WE CAN JUST DO THAT FOREVER,'” PAUL SAID. “I DON’T THINK SO. I THINK THERE’LL BE A DAY OF RECKONING.” PAUL IS IN THE MIDST OF A TWO-DAY CAMPAIGN SWING THROUGH THE STATE, ON WEDNESDAY HE HOSTED FOUR MEET AND GREETS IN COUNCIL BLUFFS, SIOUX CITY, SIOUX CENTER AND OKOBOJI. PAUL SAYS “GREED” PROBABLY DIDN’T CAUSE THE HOUSING CRISIS IN 2007. HE ARGUES KEEPING INTEREST RATES “CLOSE TO ZERO” MAY HAVE BEEN THE CULPRIT. “RIGHT NOW WE’RE STILL KEEPING INTEREST RATES AT ZERO AND THE BOOM ISN’T IN HOUSING THIS TIME, BUT IT MAY WELL BE A BOOM IN THE STOCK MARKET,” PAUL SAID. “WHAT HAPPENS WHEN PEOPLE COME TO THE REALIZATION THAT WE’VE MAYBE OVERINFLATED THE STOCK MARKET AGAIN?” PAUL, A FIRST-TERM SENATOR FROM KENTUCKY, SAYS GOVERNMENT SHOULDN’T BE TRYING TO “MANIPULATE THE MARKETPLACE” BY CLAMPING DOWN ON INTEREST RATES. PAUL COMMENTED ON HIS PROPOSALS FOR A FLAT TAX AND REPLACING FICA WITH A BUSINESS TAX. HE ALSO COMMENTED ON ANOTHER PRIORITY OF HIS: PROTECTING THE 4TH, 5TH AND 6TH AMENDMENTS OF THE CONSTITUTION. PAUL ALSO CALLED ON THE NEED FOR A STRONG MILITARY, AND COMMENTED ON INSTABILITY IN THE MIDDLE EAST, USING LIBYA AS AN EXAMPLE. HE SAYS THAT COUNTRY WAS ACTUALLY BETTER OFF WITH MOAMMAR GHADAFFI AS ITS LEADER, SAYING GHADAFFI ATLEAST KEPT RADICALS AT BAY. PAUL JOKED WITH THE CROWD IN SIOUX CITY THAT THERE WERE “55” REPUBLICANS RUNNING FOR THE PARTY’S PRESIDENTIAL NOMINATION AND PAUL ARGUED HE WAS BEST POSITIONED IN THAT CROWDED FIELD TO CHALLENGE LIKELY DEMOCRATIC NOMINEE HILLARY CLINTON. “IF WE WANT TO WIN AS A PARTY, WE’VE GOT TO FIGURE OUT HOW TO WIN IOWA — NOT JUST THE PRIMARY. WE’VE GOT TO FIGURE OUT HOW TO WIN THE GENERAL ELECTION,” PAUL SAID. “WE LOST IOWA TWICE TO PRESIDENT OBAMA. WE LOST NEW HAMPSHIRE TWICE…COLORADO’S ANOTHER, PENNSYLVANIA, OHIO. THESE ARE FIVE STATES ALL WON BY PRESIDENT OBAMA AND REPUBLICANS HAVE TROUBLE WINNING. RIGHT NOW I’M THE ONLY REPUBLICAN WHO BEATS HILLARY CLINTON IN ALL FIVE OF THOSE STATES.” TODAY PAUL WILL START HIS DAY IN DUBUQUE, THEN MAKE STOPS IN CEDAR RAPIDS, BROOKLYN AND DES MOINES.

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