Ron Paul Put In Charge Of Federal Reserve Oversight
from the this-could-get-interesting dept
As things shift around in the House of Representatives following a switch in party leadership, there's usually lots of big talk about change, but the end result is usually more of the same, with a slightly different emphasis, and perhaps different language to play up or minimize what the "other guys" wanted -- even though, in general, the policies are all pretty similar. However, there is one interesting move that's been made: Ron Paul has been put in charge of the Domestic Monetary Policy Subcommittee, which is the group that oversees the Federal Reserve. That's going to be fascinating to watch, since Ron Paul has been a very outspoken critic of the Federal Reserve itself, and has, in the past, introduced legislation to abolish it, as well as to run a full audit of the bank's operations. It's a shame how few people actually understand how the Fed works (and how much of an impact it has on the overall economy), but it might be in for a serious shakeup for the first time in ages.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: federal reserve, ron paul
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onward..
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Holy Crap.
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Re: Holy Crap.
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Re: Holy Crap.
also the Federal reserve is alot like that Federal bank the Thomas Jefferson our greatest president ever abolished
so im with Ron Paul lets cut out the middle man and the cancer down with the fed
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Wrong committee
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Should be fun...
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Quite simply, the Republicans aren't there to make things better, they are there to make things worse, while dumping all the blame on the Obama adminstration. Call it grid lock with a purpose. The only things that will happen will be those things in line with the Republican way of doing things, and even then, they will figure out a way to pin that on the President too if it doesn't work out.
As a bonus for the Republicans, they get to hang Ron Paul out to dry at some point along the line, so he won't get in the way of Princess Sarah getting nominated.
It is incredibly dirty politics, and the next two years will only be worse.
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I hope so, anyway. Maybe I'm an optimist.
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Re: anonymous coward
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It is absolutely perfect if you are a Republican trying to get Palin in the White House in 2012.
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Her poll numbers keep getting worse and last I heard she was around 60% negative. The more people see of her the less they like besides she was too lazy to stay in office for a full term in Alaska.
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Interesting times
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Ron Paul Oversight committee appointment
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Ron Paul Oversight committee appointment
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Talk About Putting The Chickens In Charge Of The Fox-House
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Secret Service
/conspiracy
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I am happy he now has a position where he can effect some measure of change (or one would hope).
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Ron Paul
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