Home› A Moving Train

Ron Paul to lead Fed oversight committee...

VINNY GOOMBAVINNY GOOMBA Posts: 1,819
edited December 2010 in A Moving Train
...unless GOP leadership intervenes. Boehner is not a fan of Paul and his efforts to expose the Central Bank.

http://www.businessweek.com/magazine/co ... 613107.htm

This country NEEDS Ron Paul to chair this subcommittee-- It's already been determined that through a watered-down audit of the Fed that it wasn't only US Financial instutions that were bailed out in 2008-- foreign central banks (Bank of England), huge corporations (Harley Davidson), and even individuals (Michael Dell of Dell Computers) received bailout funds-- 21,000 recipients total.

Transparecy of the Fed is long overdue, and this is America's best chance at it.
Post edited by Unknown User on

Comments

  • MotoDCMotoDC Posts: 947
    I'm a fan, but isn't this akin to asking the cat to guard the rat nest? Yeah you want the rats gone, but the cat is hardly the most objective party to manage it. :D
  • VINNY GOOMBAVINNY GOOMBA Posts: 1,819
    MotoDC wrote:
    I'm a fan, but isn't this akin to asking the cat to guard the rat nest? Yeah you want the rats gone, but the cat is hardly the most objective party to manage it. :D

    Accurate analogy if Paul was your average sized house-cat, and the rats were your typical NYC subway rat (about the size of a cat), and there were a couple thousand of them. ;) I love how afraid the establishment is of this one man and his ideas.
  • MotoDCMotoDC Posts: 947
    VINNY GOOMBA wrote:
    MotoDC wrote:
    I'm a fan, but isn't this akin to asking the cat to guard the rat nest? Yeah you want the rats gone, but the cat is hardly the most objective party to manage it. :D

    Accurate analogy if Paul was your average sized house-cat, and the rats were your typical NYC subway rat (about the size of a cat), and there were a couple thousand of them. ;) I love how afraid the establishment is of this one man and his ideas.
    The Fed is the epitome of "establishment", so you certainly can't be surprised that RP doesn't have alot of obvious support. Can't really blame them, either, as the economic upheaval that full disclosure could cause would be epic. I expect, over the long haul, it will be a cathartic kind of pain, but pain nonetheless. It is for that reason that I support his movement but do not relish it.
  • Sludge FactorySludge Factory Posts: 976
    Unfortunately, the one guy who understands monetary policy better than anyone in there always seems to have this chance taken away from him. I'd rather someone who understands things be in there as opposed to someone who doesn't but gets in there just because of Fed influence and connections.
  • jubilairesjljubilairesjl Posts: 498
    He should lead that, but however I think he would be even better as the Speaker of the House.
    Noblesville 6/22/2003 St. Louis 5/4/2010 East Troy 9/4/2011
    Cleveland 5/20/2006 Columbus 5/6/2010 Chicago 7/19/2013
    Cincinnatti 6/24/2006 Noblesville 5/7/2010. Buffalo 10/12/2013
    Lollapalooza 8/5/2007 Mountain View 10/23/2010 Cincinnatti 10/1/2014
    Washington D.C. 6/22/2008 Mountain View 10/24/2010 St. Louis 10/3/2014
    Chicago 8/22/2008(EV Solo) St. Louis 7/1/2011 (EV Solo) St. Paul 10/19/2014
    Kansas City 5/3/2010 East Troy 9/3/2011 Milwaukee 10/20/2014
    Hampton 4/18/2016 Columbia 4/21/2016 Lexington 4/26/2016
    NYC 5/2/2016
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    jubilairesjl wrote:
    He should lead that, but however I think he would be even better as the Speaker of the House.



    :thumbup:
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Sludge Factory wrote:
    Unfortunately, the one guy who understands monetary policy better than anyone in there always seems to have this chance taken away from him. I'd rather someone who understands things be in there as opposed to someone who doesn't but gets in there just because of Fed influence and connections.



    :?: :?: :?:
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    VINNY GOOMBA wrote:
    ...unless GOP leadership intervenes. Boehner is not a fan of Paul and his efforts to expose the Central Bank.

    http://www.businessweek.com/magazine/co ... 613107.htm

    This country NEEDS Ron Paul to chair this subcommittee-- It's already been determined that through a watered-down audit of the Fed that it wasn't only US Financial instutions that were bailed out in 2008-- foreign central banks (Bank of England), huge corporations (Harley Davidson), and even individuals (Michael Dell of Dell Computers) received bailout funds-- 21,000 recipients total.

    Transparecy of the Fed is long overdue, and this is America's best chance at it.



    :thumbup:
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    jubilairesjl wrote:
    He should lead that, but however I think he would be even better as the Speaker of the House.


    Yeah but I'm thinking President. 2012 would be a good year to run.
  • Electric_DeltaElectric_Delta Posts: 977
    unsung wrote:
    jubilairesjl wrote:
    He should lead that, but however I think he would be even better as the Speaker of the House.


    Yeah but I'm thinking President. 2012 would be a good year to run.

    I agree and I would love to see a Constitutionalist candidate in the mix.

    Do you think he would stand a real chance in the current political environment?
    Bristow, VA (5/13/10)
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Electric_Delta wrote:
    unsung wrote:
    jubilairesjl wrote:
    He should lead that, but however I think he would be even better as the Speaker of the House.


    Yeah but I'm thinking President. 2012 would be a good year to run.

    I agree and I would love to see a Constitutionalist candidate in the mix.

    Do you think he would stand a real chance in the current political environment?

    Someone like the Great One Mark Levin?
    I thought Barack Obama was a constitutional professor - wasn't good enough, huh?
  • Electric_DeltaElectric_Delta Posts: 977
    tonifig8 wrote:
    Electric_Delta wrote:
    unsung wrote:
    Yeah but I'm thinking President. 2012 would be a good year to run.

    I agree and I would love to see a Constitutionalist candidate in the mix.

    Do you think he would stand a real chance in the current political environment?

    Someone like the Great One Mark Levin?
    I thought Barack Obama was a constitutional professor - wasn't good enough, huh?

    I guess what I meant was someone who actually values the Constitution.

    A degree doesn't make you a Constitutionalist.
    Bristow, VA (5/13/10)
Sign In or Register to comment.