Yeah just so back to being Governor of New Mexico . I vetoed a bill that I think the label of the bill was Bringing Competition to the Telecommunicat… - Gary Johnson

I am in the camp that believes that we are on the verge of a monetary collapse given the fact that during the last year up to 70% of the money used to pay our ongoing expenditures were moneys printed up by the Federal Reserve I mean literally out of thin air. Monetary Collapse occurs when we are printing 100% of that money going forward and all of the roll over of treasury is that 15 trillion dollars is out there in existing notes when all of those notes also get rolled over with 100% of that money being printed … that's the monetary collapse. And that’s not something that their going to announce is going to happen two weeks from Thursday that’s just gonna happen literally overnight when we have a complete melt down in the bond market. Which I’m predicting is gonna happen unless we actually balance the federal budget so this is what we are entering into is a real mutual sacrifice on the part of all of us. I would argue let’s have that mutual sacrifice as opposed to all of us having nothing which is what happens during a monetary collapse that our money ends up being worth nothing. That happened in Russia part of that was Afghanistan. We’re not immune to this. We can fix it but we need to do it now and that’s the position that I hold.

When you recognize that half of everything we're spending on law enforcement, the courts, and the prisons is drug related. What are we getting for that? Well, we're arresting one point eight million people a year in this country and we now have two point three million people behind bars in this country. We have the highest incarceration rate of any country in the world and isn't this America; liberty, personal freedom, and responsibility that goes along with that? I think that when it comes to drug policy, we've thrown that notion out the window.

Everything that I did as Governor, and everything that I think needs to occur right now in the Federal Government, needs to be a cost-benefit analysis. What are we spending our money on, and what are we getting for what we're spending? I am of the belief that we are on the verge of a financial collapse. We can not repay fourteen trillion dollars in debt if we're spending one point six trillion dollars more than we're taking in this year and years to come. That is not sustainable... We landed on the moon, we can balance the federal budget. And that means cutting forty-three cents out of every federal dollar that we're currently spending.