November 2 Election Fallout: Ron Paul in Charge of Federal Reserve Oversite

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by the Left Coast Rebel

This is for all of you "big-L" libertarians that think that there is no difference between the parties and the November 2 House cleaning means nothing to the future of the nation:

(Washington Examiner) And now, after Nov. 2, you’ll find that Ron Paul is actually in charge of Federal Reserve oversight:

Paul is the ranking member of the Subcommittee on Domestic Monetary Policy and Technology on the Financial Services , which oversees the Federal Reserve, the U.S. Mint and American involvement with international development groups like the World Bank. Unless someone bumps him, he's next in line for the subcommittee gavel.

The Federal Reserve has enjoyed casual oversight while Congressman Barney Frank served as chairman of the Monetary Policy subcommittee. That is about to change.

Ron Paul has spent his tenure in politics pushing vehemently for a Federal Reserve audit. Paul has been particularly forceful in asking that the Fed reveal where the government is actually spending TARP funds.


God bless Ron Paul and Godspeed with his efforts to audit the "Dirty Fed" as my San Diego econo-buddy W.C. Varones would say.

Updated: Video of Ron Paul on Fox Business discussing possible cooperative "End the Fed" work between him and Senator-elect Rand Paul:

4 comments:

  1. YES!!!! That is the best news all week! Bye bye barney! ( yes with a little "b")

    ReplyDelete
  2. Classical Fail, A Look At The Fall Out From The Midterm Elections. Falling From Great Heights – A Cautionary Tale Of Son Worshiping.

    Icarus Syndrome.

    http://youhavetobethistalltogoonthisride.blogspot.com/2010/11/falling-from-great-heights-cautionary.html

    ReplyDelete
  3. Cya Bawnee Fwank...I'd love to see Ron Paul exploit the TARP!

    ReplyDelete

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