Ron Paul Answers Your Questions, Part Two
Posted November 20th, 2008 by LatinsforPaul
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Q: What is the first thing the country should do about its monetary policy?
A: We should immediately audit the Federal Reserve. I am the ranking member of the Monetary Policy subcommittee in the U.S. Congress, yet I can get more information about the internal workings of the C.I.A. than I can about our central bank. This secrecy is fundamentally wrong, and I believe that people from all over the ideological political spectrum can agree on that.
Bloomberg News this month has gone to court compel the Fed to disclose securities the central bank is accepting on behalf of American taxpayers as collateral for trillions of dollars of loans to banks. Expanding transparency is critical and could be done very quickly.
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Thanks for the post Ron Paul
Thanks for the post
Ron Paul stands firm once again
There was an interesting comment afterwords with a quote from Thomas Jefferson.Here's the full context of it.
"It would be a dangerous delusion were a confidence in the men of our choice to silence our fears for the safety of our rights... Confidence is everywhere the parent of despotism. Free government is founded in jealousy, and not in confidence. It is jealousy and not confidence which prescribes limited constitutions, to bind down those whom we are obliged to trust with power... Our Constitution has accordingly fixed the limits to which, and no further, our confidence may go... In questions of power, then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution." --Thomas Jefferson: Draft Kentucky Resolutions, 1798
"What country can preserve its liberties if its rulers are not
warned from time to time that their people preserve the spirit
of resistance?" --Thomas Jefferson
True, but disappointing
Q: Will you run for a leadership position in the House Republican caucus?
A: I have no plans to do so. I don’t cut deals and trade votes, which is exactly what a role like that requires.
He saved the best for last
"There are dozens, hundreds of things we could have done better, but we all worked hard and did our best. And I know we built something that will only get stronger in the years to come."
So true.