Ron Paul visits Bay City
June 4, 2010 at 1:04 a.m.
BAY CITY - Congressman Ron Paul said Friday the oil drilling companies should be held responsible for the oil spill in the Gulf and they should help those affected by it.
Paul, whose district 14 includes Matagorda County, spoke to a full house at Friday's Bay City Lions Club weekly luncheon. He also discussed the economy, the deficit and nuclear power.
He questioned the oil company's motive for drilling in such deep waters.
"Those being affected by the oil spill, like fishermen and restaurant owners, should be reimbursed under the principal of private property by those who injured the property," the Clute Republican said.
"The ironic thing that may come out of the accident in the Gulf is that they might come to their senses and say, 'if we can't get the oil, then maybe we need more nuclear power for more electricity' and replace it," he said.
He said he is a long-time strong supporter of nuclear power.
"Everyone in this area knows of the importance of nuclear power. We are moving in the right direction," he said.
Matagorda County is home to the South Texas Project, which operates two nuclear reactors. Two more reactors will soon be built.
He also spoke of Washington, D.C. and its ways.
"Washington has not changed that much since the '70s," he said.
The only difference has been that Washington is getting more bureaucratic, bigger and has spent more money, adding to the deficit getting bigger, he said.
"But on the positive side, we live in a very special time because people all around the country are more alarmed and concerned about what's going on around us," he added.
This is a healthy and a good sign in the right direction, he said.
Paul said the good jobs have been sent overseas and overspending has caused the nation to be in a $14 trillion deficit.
He said the nation has resorted to debasing the currency.
"The nation is overspending, using money to help other countries, to keep our military in other countries, instead of bringing the money here," he said.
He said that by overspending, people might lose confidence in the government.
In terms of tax money, Paul said taxpayers pay taxes and the government in turn spends it overseas and not in road or highway construction.
"If I had my way, I would cut overseas spending, foreign aid and all of the wars that are going on right now, and bring the money here where it is needed," he said.
But he said some people say that is un-American they say we are not supporting our troops.
A question and answer session followed his speech.