21 November 2010

Ron Gets Closer to Ending the Fed


This is a bit old, but it's still a sign of positive things on the horizon. Ron Paul in the ranking member of the House Subcommittee for Domestic Monetary Policy and Technology. What does this mean for the rest of us? It means that he can affect changes to the way the Federal Reserve does business.

One of the big pieces of legislation that way making its way through congress, but was perverted by a few congressmen was HR1207.  Currently its sitting in committee. The intent was to allow auditing of the Federal Reserve. Currently, the Fed can refuse audits because it claims that they need to operate in secrecy to avoid pressures from politics. HA! News Flash: The Fed is under the influence of politics.

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