0 votes

Wash. Post: Bernanke's Latest Headache Is Ron Paul

Ron Paul to chair monetary policy subcommittee overseeing Fed
By Felicia Sonmez
Posted at 4:34 PM ET, 12/9/2010


On Wednesday, a group of about 30 tea party-aligned groups wrote a letter urging Bachus and House Speaker-designate John Boehner (R-Ohio) to support Paul's bid for subcommittee chairman. The letter was in response to reports that GOP leaders were mulling ways to block Paul from becoming chairman over concerns that his views are too radical.

In the letter, the groups warned that the "implied message" of blocking Paul would be "one of indifference towards the concerns of those who helped put the Republican Party back in the majority."

Paul has been a harsh critic of the Federal Reserve and has pushed for measures that would audit the central bank or abolish it altogether. The subcommittee also has jurisdiction over "precious metals," and Paul has advocated a return to the gold standard.


Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

From what I can see, Boehner

From what I can see, Boehner is going to be a problem. He will attempt to continue the Neocon agenda and thwart all attempts to repeal the un-American legislation that the Congress has passed, or to oppose the Administration.

Personally, I think that the best strategy is to try to undermine and oust him. He is not on our side.

The good doctor is a smart man...

I think it is HE that has something up his sleeve, not the neocons. Everyone thinks he's going to jump in and push for fed knowledge and fed audits, using subpoenas and what-not. I think he'll quietly authorize the use of gold and silver as competing currencies to essentially sidestep the whole process! That would throw all of Wall St. for a loop. ...especially with JPM so short on silver!


I certainly hope Dr. Paul brings a can of lysol with him when he takes the chairmans seat.
No telling where its been.

"OH NO! He has a SON?" Neoconservatives and Liberals EVERYWHERE!

Rand Paul 2016

Was it this committe that

Was it this committe that conveniently wrapped up the matter with the minting of silver coins just days before ron paul became the chairman of that committee? i.e. some law or policy was changed that allowed a committee to decide how much silver would be minted. Im sure ron paul would not have approved of the change. Looks like the committee may have cleaned up the house before the company from out of town arrived.

SteveMT's picture

Big Bump for Ron Paul

I actually feel a little bit sorry for helicopter Ben...just a little though.

I can only wonder why???

I can only wonder why???

SteveMT's picture

He is about to get his tail whooped,.....

maybe even a little jail time.

Like I said, just a little sorry, or how about the tiniest little bit sorry simple because I think(?), don't know for sure, that he is a human being.

He and his bosses are criminals of...

... the highest order.

Power-hungry sociopaths that a regular human being cannot even conceive their evil designs.

They make me sick.

Their day will come, but it won't be while here on earth.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a rEVOLution before tomorrow morning." - Henry Ford