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ritholtz.com - 5/19/2009

Ron Paul: Audit the Fed, Then End It

— ritholtz.com — I’ll say this much about Ron Paul: He is intellectually consistent in his staunch opposition to the... incredible money creation that has been going on at the Federal Reserve. While I cannot imagine anyone managing to disband the Central Bank ... (more) Ron Paul: Audit the Fed, Then End It

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hf-implode.com - 5/18/2009

Ron Paul - still fed up with the Fed

— hf-implode.com — "Representative Ron Paul (R-Texas) penned this commentary at Forbes, continuing in his lonely quest to rid the... country of its central bank, to whom the government appears ready to grant broad new powers as the planet's regulator of "systemic risk"." (more) Ron Paul - still fed up with the Fed

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Ron Paul

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Comments vote downundo vote up iehi posted 5/18/2009posted this

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themessthatgreenspanmade.blogspot.com - 5/18/2009

Ron Paul - still fed up with the Fed

— themessthatgreenspanmade.blogspot.com — Representative Ron Paul (R-Texas) penned this commentary at Forbes, continuing in his lonely quest to rid the... country of its central bank, to whom the government appears ready to grant broad new powers as the planet's regulator of "systemic risk". The ... (more) Ron Paul - still fed up with the Fed

Government

Federal Reserve

Ron Paul

Comments vote downundo vote up IEHI Feed: The Hedge Fund Implode-o-Meter found this 5/18/2009found this

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Ron Paul: Audit the Fed, Then End It
The Big Picture — ... foolishness of placing complex monetary policy decisions in the hands of politicians — I couldn’t agree more. No politician or central banker, no matter how brilliant, is smart enough to know more than the market itself. The failure of central economic planning has been witnessed over and over. It is frankly beyond me why we ever agreed to try it again.” Interesting stuff from Dr. Paul  . . . > Source: U.S. Rep. Ron Paul: Audit the Fed and then end it By U.S. Rep. Ron Paul Monday, May 18, ...

Audit the Fed
Bear Mountain Bull — …and then get rid of it. So says Ron Paul : Fundamentally, you cannot defend the Federal Reserve and the free market at the same time. The Fed negates the very foundation of a free market by artificially manipulating the price and supply of money – the lifeblood of the economy. In a free market, interest rates, like the price of any other consumer good, are decentralized and set by the market. The only legitimate, Constitutional role of government in monetary policy is to protect the integrity of the monetary unit and defend against counterfeiters. Instead, Congress has ...

Speak Out - Audit the Fed, Then End It!
Mish's Global Economic Trend Analysis — Now that the love affair with Obama is starting to wear off, it is time to Speak Out! Voters in California have just spoken out against Propositions 1A-1E (see California Voters Immediately Rewarded For Voting Down Propositions 1A Thru 1E) and now it's your turn. It's time to take action on many issues, and the way to do that is to let Congress know how you feel. The first order of business is Ron Paul's Campaign Audit the Fed, Then End It! Audit the Fed, Then End It! I have been very pleased with the progress of ...

Ending the Fed: the rebirth of Jacksonian bankphobia
FT Alphaville — Onetime presidential hopeful and current Republican congressman Ron Paul has an interesting piece of legislation wending its way through the US capitol. HR1206 calls for “a complete audit of the Federal Reserve and removes any significant barriers towards transparency in our monetary system” says Paul’s website . This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats.  Senator Bernie Sanders has introduced a companion bill in the Senate S 604, which will hopefully begin to gain momentum as well.  I am very encouraged to see so many of my ...