Tuesday, December 21, 2010

Ron Paul & Federal Reserve Oversight


Congressman Ron Paul is now 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.

Ron Paul:

1. “Since the announcement that I will chair the congressional subcommittee that oversees the Federal Reserve, the media response has been overwhelming."

2. "The groundswell of opposition to Fed actions among ordinary citizens is…in the tremendous interest shown by the financial press."

3. "The demand for transparency is growing whether the political and financial establishment likes it or not."

4. "The Fed is losing its vaunted status as an institution that is somehow above politics and public scrutiny." 

5. "Fed transparency will be the cornerstone of my efforts as Subcommittee Chairman.”

But I hope Dr. Paul doesn't die soon from some mysterious cause of death - or 'the worse case of suicide' we've ever seen - as Americans are finally able to try to learn where and how their money has been spent and continues to be spent in the future.

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