Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
The chairman of the House subcommittee that oversees the Federal Reserve demanded Tuesday that the Fed fully disclose details of billions ” perhaps trillions ” in secret emergency loans it made to almost every major bank in the U.S. and overseas during the financial crisis or face a congressional subpoena for the information.
On Thursday, Congressman Paul was interviewed on Fox Business concerning government spending and waste.
Congressman Ron Paul speaks up during discussion on a motion to instruct conferees on HR 4173, the so-called “Wall Street Reform and Consumer Protection Act of 2009.
Congressman says that stripping reform bill of full Fed audit will only serve to prove his point to the American people
Congressman confident that watered down bill for one time audit passed by Senate can be strengthened in committee
Congressman Ron Paul joins Judge Andrew Napolitano on Freedom Watch to discuss the effort to audit the Fed.
Rep. Alan Grayson: “Has the Federal Reserve Ever Tried to Manipulate the Stock Market?
On Thursday, HR 1207 cosponsor Alan Grayson appeared on MSNBC to discuss Hank Paulson, the bailouts, and the need to audit the Federal Reserve.
The Federal Reserve is unconstitutional, corrupt, stealing wealth, privately held. When will we wake up and end the madness? Fight the Fed – HR1207, HR833.