Ron Paul and Rand Paul to launch new campaign against the Federal Reserve

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Uploaded by on Nov 7, 2010

Reuters' report 'Ron Paul vows renewed Fed audit push next year' demonstrates one significant political gain from the midterms. Grassroots efforts to expose the private Federal Reserve bank, audit its secretive affairs and end its mandate to print money out of thin air helped fuel the Tea Party Movement and now it has, in part, helped Ron Paul in his campaign against the Fed.

Ron Paul, leading critic of the Federal Reserve and author of 'End the Fed,' is poised to head the subcommittee that deals with monetary policy in the Republican majority House. Paul has vowed to use the new position to renew the case against the Fed.

From Reuters: (Reuters) -- Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January. * A d v e r t i s e m e n t * "I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control." Paul is currently the top Republican on the House of Representatives subcommittee that oversees domestic monetary policy, and is likely to head the panel when Republicans take control of the chamber in January.

Reuters reported that Ron Paul would also scrutinize the role of the IMF and the dollar's unsustainable status as the world's reserve currency. He would also examine monetary policy and advocate a return to sound money.

Significantly, Reuters noted the political mandate for Paul's position on the Fed bank issue, demonstrated in the Tea Party movement victories: But grassroots outrage over the bank bailouts and other Fed actions helped propel many Republican candidates to victory in Tuesday's congressional elections — including Paul's son, Rand Paul, who will represent Kentucky in the Senate.

http://www.infowars.com/ron-paul-vows-renewed-fed-audit-push-in-new-position/

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  • STOP

    CUTTING

    RON PAUL

    OFF

    YOU

    DOUCHEBAG

    PUNDIT

  • USA keeps on printing money and I keep on running out of tissue paper....soon enough I'll be using dollars to wipe my ASS! lol

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  • mrsheniah must b a fucking jew .wake up cause american are sleeping

  • hi

    

  • Ron Paul will never be Pres, he is a moonbat! He'spro-Islamists and his understanding of Islam is as that of a 4 yr old kid. Ron Paul votes for muslims & terrorists every single time. He is all for open borders, mass illegal immigration, destroying & dismantling our defense & military. He wants to give terrorist a free pass to civil courts and take the death penalty of the table. This guy has submitted 1000 bills and has passed none of them. He is a wacko!

  • @ZombieApocalyps Fox Business is a legitimate wing of FAUX

  • Ron Paul President, Rand Paul Vice president would make my day.

  • @Griffinltd In a sense it is. The Public becomes so reliant on the government to be taken care of... Although i disagree with Rand on that, I still can respect that view.

  • @ZombieApocalyps i had the same thinking lol

  • What is this? is this really fox? they are actually reporting on this"?

  • Another trillion printed? so thats another 2 trillion debt!! fuck that shit!

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