So steps Ron Paul.
I wouldn’t have imagined.
Mr Paul has certainly instigated some lunatic fringe concepts in his time.
That being said, the one clarion call to which he has consistently insisted is an audit upon the Federal Reserve.
And I couldn’t agree more.
After years of blocking him from a leadership position, Mr.Paul’s fellow Republicans have named him chairman of the House subcommittee on domestic monetary policy, which oversees the Federal Reserve as well as the currency and the valuation of the dollar.
Perhaps the so-called “squeeky wheel” does insist upon major greasing?
He is now to lead a federal oversight committee.
Republicans had blocked Mr.Paul from leading the monetary policy panel once before, and banking executives reportedly urged them to do so again.
But Republicans on Capitol Hill increasingly recognize that Mr.Paul has a following — among his supporters from 2008 and within the Tea Party, which helped the Republicans recapture the House majority by picking up Mr.Paul’s longstanding and highly vocal opposition to the federal debt.
Conservatives have to pick up and acknowledge truth wherever and however it exists.
We must administer and utilize the tools we deign when and how we can.
And who can deny that we absolute must know where our money goes and how it is handled?
BZ
Should be some rodeo.
It’s about time they took a hard look at the Fed…
I wish that someone else would sound the alarm about the Fed and its doings.
“Right message, questionable messenger” anyone?
BZ
I have long referred to Ron Paul as ‘Dr. Moonbat’, and in most areas of politics, he IS a loon…
He’s a 9-11 Truther, and that is the definition of insanity, but when it comes to fiscal issues, Paul suddenly morphs into a financial genius…
His plan to audit the Fed has been one of the best ideas to date, but him chairman of the House subcommittee on domestic monetary policy is sheer genius…
Just don’t let him stray outside the box…
The Fed needs to go: it has gotten fiscal policy dead wrong in the 1920’s and in the two decades leading up to our current problems.
It doesn’t matter if it can handle minor recessions from the business cycle perspective. It screws up the major ones caused by government and does the wrong thing each time.
End the Fed.
And all the rest of the intrusions by our government into our economy especially in the lending areas. It was designed not to do anything in those areas, and yet here we are with these government created entities lobbying Congress. It is time for a clean slate on the fiscal side as we can no longer afford these luxuries of social engineering by government agencies.