Ron Paul: Mitt Romney and Barack Obama Represent Same 'One-Party System

Former presidential candidate Ron Paul (R-TX) says he is still not ready to endorse Republican nominee Mitt Romney because-- in some ways-- he and President Obama represent the same "one-party system."

When asked by CNBC's Jackie DeAngelis if he was "ready to endorse Mitt Romney," the Libertarian offered a clear "no" before launching into a description of how the nominees are similar, and represent a continuation of the status quo.

He explained:

"I look at it that there are people who are very, very powerful that are able to make sure their interests are protected-- whether it's the people who run the Federal Reserve and bail out banks, and bail out European banks... Right now, they have their two guys there-- believe me.
"Why does Obama not attack Romney for not being the Goldman Sachs candidate? It's because they both are within the establishment where they need the Federal Reserve and the lender of last resort to make sure that you can take all the risk in the world, but don't sweat it, because government will be there, and the Fed will be there, and they're going to get bailed out. "

Here is video of the interview:

Paul continued: “I’ve been in this business a long time and believe me there is essentially no difference from one administration to another no matter what the platforms...The foreign policy stays the same, the monetary policy stays the same, there’s no proposal for any real cuts and both parties support it.”

After criticizing the economic policies of both candidates, Paul said Barack Obama and Mitt Romney "know how to play the game" but represent a false choice.

This marks a somewhat stronger condemnation than in the past, when Paul said he wouldn't "fully" endorse Mitt Romney.

The staunch Libertarian concluded: "They represent a one-party system. Somebody said 'why don't we get a third party?' and another one said, I think correctly so, 'Why don't we get a second party?'"