~ Newsleader.com: "Ron Paul's fruitless effort to end the Fed"Submitted by barracuda_trader on Fri, 07/20/2012 - 10:34
Ron Paul ran for president three times, served nearly a quarter-century in Congress, spawned a national movement and saw his son elected to the Senate.
But in his singular objective — to “End the Fed,” as the title of his book put it — the libertarian obstetrician from Texas failed. He didn’t even make a dent in it. In a valedictory Wednesday before Federal Reserve Chairman Ben Bernanke and his colleagues on the House Financial Services Committee, Paul raised the white flag.