Ron Paul: Angry Mobs in Europe a Sign of Things to Come

During an interview with Fox News' Lou Dobbs, Texas Congressman Ron Paul, who gained momentum by finishing second in the Iowa straw poll, had words of caution for lawmakers Thursday when he asserted that the American public's "anger" over fiscal reform is growing, and that there are likely to be angry mobs "in the streets" in the U.S. like there were in Europe.

Using a recent victory by Wisconsin Governor Scott Walker -- who Dobbs claimed saved school districts and local communities hundreds of millions of dollars -- to segue in to the topic of fiscal prudence, the Fox host claimed Walker "is prevailing on every quarter here."

Paul praised Walker for his success in reducing spending in Wisconsin, but noted he was afraid that as lawmakers continue the necessary work of cutting entitlements and exercising fiscal restraint, the American people will grow increasingly hostile and could accuse such states of being "heartless."

"I see the anger building and I see the problems getting worse too," Paul stated. "I think there’s going to be an inflation tax to hit us and I am just afraid there will be people in the streets like they've been in other countries when they don’t get what they want."

Paul added that he thinks "we're in for some more problems" and therefore, "it will be difficult to satisfy anyone at all."

The widespread riots in the U.K., which occurred earlier in the month, were reportedly caused by people who believed they were being shortchanged on government entitlements and who blamed the rich, and perhaps to an extent conservatism, for their lack financial success.

Do you think Paul is correct in his assertion that cuts, especially in entitlement programs, will enrage a certain portion of society so much that they would take to the streets and riot like was recently done in the U.K.?

Watch Paul's interview below:

(h/t: Real Clear Politics)