Breaking: Ron Paul To Hold Hearings Tuesday to Reform or Abolish the Fed!Submitted by Smaulgld.com on Fri, 05/04/2012 - 11:42
Perhaps this is why Ron Paul Might Catch on Next week!
Reform or Abolish the Fed?
Official press release:
Subcommittee to Examine Proposals to Reform or Abolish Federal Reserve
WASHINGTON - The Financial Services Subcommittee on Domestic Monetary Policy and Technology, chaired by Rep. Ron Paul, will hold a hearing on Tuesday to examine six legislative proposals that either reform or abolish the Federal Reserve System.
“More and more people are beginning to understand just how destructive the Federal Reserve's monetary policy has been. I hope that this hearing will kick start a serious discussion on the need to rein in the Fed,” said Chairman Paul. “100 years is far too long for Congress to have taken a hands-off approach. The Fed continues to reward Wall Street banks while destroying the dollar’s purchasing power and driving up the cost of living for average Americans. This reckless behavior must come to an end."