Author Topic: The Fed's worst nightmare... Ron Paul to chair Monetary Policy Subcommittee (Read 4188 times)

Bindare_Dundat · « **on:** November 04, 2010, 08:38:54 PM »

For years, the Federal Reserve had a good friend in their pockets when Congressmen Barney Frank was chairman of the Monetary Policy subcommittee. That is about to change, and taking Barney's place is the one man who would see the Federal Reserve dissolved.

That man is Congressman Ron Paul.

Dr. Paul has been leading the charge to abolish the Fed for a number of years, and has been hampered by Congressman Frank into getting real and truthful information on Fed policies, and in particular, where the TARP money actually went.

In several inquiries, Fed officials have used subterfuge to keep from providing the information on who received TARP monies, how much was actually spent, and what benefits the monies created.

Ron Paul has been instrumental in pushing to abolish the Fed, through both education and attempted legislation.

MB_722 · « **Reply #1 on:** November 04, 2010, 09:15:20 PM »

cool

jsut have to wonder what the agenda is.

Skeletor · « **Reply #2 on:** November 04, 2010, 09:40:17 PM »

It's been a while (many years actually) since we heard some good news like this.

Ron Paul Is About to Totally Revolutionize the House Monetary Policy Panel

Odds are you haven’t heard of the monetary policy subcommittee. Officially known as the House Subcommittee for Domestic Monetary Policy and Technology, it’s a subdivision of the House Financial Services Committee that has mostly occupied itself with pressing questions of issuing commemorative coins and whether or not to eliminate the penny.

That’s about to change. Ron Paul, the Republican Congressman from Texas, is the ranking member of the monetary policy subcommittee, and when the next Congress takes over he’ll likely be the chairman of the subcommittee.

And Congressman Paul has some big plans.

“I will approach that committee like no one has ever approached it because we’re living in times like no one has ever seen,” Paul said in an interview with NetNet Thursday.

Paul said his first priority will be to open up the books of the Federal Reserve to the American people.

“We need to create transparency there. To see what it is they are buying and lending, and who it is they are dealing with,” Paul said.

Paul mentioned that he hoped to use subcommittee hearings to educate the public about the causes of business cycles—which he believes are mainly attributable to monetary manipulation by central bankers.

Monetary reform is also on the agenda. Paul is a noted advocate of the gold standard.

“We will have to have monetary reform,” Paul said. “I think those on the other side of this issue are already planning. They are going to try to replace a bad system with an equally bad system.”

http://www.cnbc.com/id/40013227

Bindare_Dundat · « **Reply #3 on:** November 04, 2010, 09:46:51 PM »

thanks for the vid

GigantorX · « **Reply #4 on:** November 05, 2010, 05:09:15 AM »

This is a positive.

I don't want to get ahead of myself and get all starry eyed over the appointment but..................I'm giddy over this.

Now for some early morning hyperbole: Ron Paul as the head of this committee is more change than the Dems have done in 4 years.

The Showstoppa · « **Reply #5 on:** November 05, 2010, 05:14:03 AM »

Hell yeah! Pauls views on economics are unquestionably spot-on.......go get em Ron !!!

Soul Crusher · « **Reply #6 on:** November 05, 2010, 06:29:46 AM »

Great move.

Between Ron Paul, Rand, Rubio, Toomey, Bachmann on the ascendancy, etc - things are starting to move in the right direction.

whork25 · « **Reply #7 on:** November 05, 2010, 06:32:06 AM »

Agreed.

Ron Paul all the way. Id prefer him over any democrat or neocon any day.

We need more old school conservatives like him

24KT · « **Reply #8 on:** November 05, 2010, 07:34:28 AM »

That would be a very positive thing. I just hope Ron Paul does more than merely speak and raise awareness, he should also come with some teeth, and not be afraid to bite.

loco · « **Reply #9 on:** November 05, 2010, 07:49:37 AM »

This is awesome news!

Quote from: 24KT on November 05, 2010, 07:34:28 AM

That would be a very positive thing. I just hope Ron Paul does more than merely speak and raise awareness, he should also come with some teeth, and not be afraid to bite.

Now, why would you come in here and say something like that bout Ron Paul? Ron Paul has proved time and time again, throughout his entire life, that he practices what he preaches and that he doesn't just "merely speak and raise awareness". His actions speak louder than his words.

Ron Paul:

He served as a flight surgeon in the U.S. Air Force during the 1960s

He refused on principle to accept Medicare when he practiced medicine. He took care of Medicare patients for free.

He has never voted to raise taxes.
He has never voted for an unbalanced budget.
He has never voted for a federal restriction on gun ownership.
He has never voted to raise congressional pay.
He has never taken a government-paid junket.
He has never voted to increase the power of the executive branch.

He voted against the Patriot Act.
He voted against regulating the Internet.
He voted against the Iraq war.

He does not participate in the lucrative congressional pension program.
He returns a portion of his annual congressional office budget to the U.S. treasury every year.

Congressman Paul introduces numerous pieces of substantive legislation each year, probably more than any single member of Congress.

24KT · « **Reply #10 on:** November 05, 2010, 01:49:32 PM »

Quote from: loco on November 05, 2010, 07:49:37 AM

This is awesome news!

Now, why would you come in here and say something like that bout Ron Paul? Ron Paul has proved time and time again, throughout his entire life, that he practices what he preaches and that he doesn't just "merely speak and raise awareness". His actions speak louder than his words.

I'm not implying Ron Paul is not a man of consistency or integrity.

I say this because of his recent Presidential bid. Maybe it was just me, but part way through it, I got the impression that he just gave up and was enjoying the notoriety he was getting instead of pressing forward. It's like he founded the Tea Party movement, then either gave it away or let it get away to those with an agenda that might not be his. That's just the impression I have. I'm not ready to write him off just yet... not anywhere close to doing that, I just hope he sinks his teeth in and takes the bite I know he's quite capable of taking.

BM OUT · « **Reply #11 on:** November 05, 2010, 02:18:53 PM »

Quote from: 24KT on November 05, 2010, 01:49:32 PM

I'm not implying Ron Paul is not a man of consistency or integrity.

I say this because of his recent Presidential bid. Maybe it was just me, but part way through it, I got the impression that he just gave up and was enjoying the notoriety he was getting instead of pressing forward. It's like he founded the Tea Party movement, then either gave it away or let it get away to those with an agenda that might not be his. That's just the impression I have. I'm not ready to write him off just yet... not anywhere close to doing that, I just hope he sinks his teeth in and takes the bite I know he's quite capable of taking.

I agree,but I also thought he was SHOCKED that he got as much press and support as he did.He got into the race simply to make his points and I think was overwhelmed there was an audience and actual supporters[especially young supporters]who came out to every event to hear his message.

Bindare_Dundat · « **Reply #12 on:** November 05, 2010, 02:29:59 PM »

Quote from: 24KT on November 05, 2010, 01:49:32 PM

I'm not implying Ron Paul is not a man of consistency or integrity.

I say this because of his recent Presidential bid. Maybe it was just me, but part way through it, I got the impression that he just gave up and was enjoying the notoriety he was getting instead of pressing forward. It's like he founded the Tea Party movement, then either gave it away or let it get away to those with an agenda that might not be his. That's just the impression I have. I'm not ready to write him off just yet... not anywhere close to doing that, I just hope he sinks his teeth in and takes the bite I know he's quite capable of taking.

Youre kidding right? He was laughed at, mocked and ignored by the media at every turn but kept going. He stayed in to the end when even Huckabee withdrew before him. You made a bigger deal about his suits and his appearance at that time. How much more did you expect him to do?

Soul Crusher · « **Reply #13 on:** November 05, 2010, 02:32:00 PM »

Quote from: Bindare_Dundat on November 05, 2010, 02:29:59 PM

Youre kidding right? He was laughed at, mocked and ignored by the media at every turn but kept going. He stayed in to the end when even Huckabee withdrew before him. You made a bigger deal about his suits and his appearance at that time. How much more did you expect him to do?

Bindare- check out this Gem: Mind you - Kanjorski just lost his seat to Barletta, which i was thrilled about.

Bindare_Dundat · « **Reply #14 on:** November 05, 2010, 02:34:32 PM »

I remeber that interview. He owned that fool.

Soul Crusher · « **Reply #15 on:** November 05, 2010, 02:36:25 PM »

Quote from: Bindare_Dundat on November 05, 2010, 02:34:32 PM

I remeber that interview. He owned that fool.

Listening to it again makes me even happier Kanjorski got defeated to Barletta.

Bindare_Dundat · « **Reply #16 on:** November 05, 2010, 02:41:02 PM »

Quote from: 333386 on November 05, 2010, 02:36:25 PM

Listening to it again makes me even happier Kanjorski got defeated to Barletta.

The guys face is priceless, you can tell he doesnt have a fucking clue as to what is going on.

24KT · « **Reply #17 on:** November 05, 2010, 09:35:49 PM »

Quote from: BILLY MIMNAUGH on November 05, 2010, 02:18:53 PM

I agree,but I also thought he was SHOCKED that he got as much press and support as he did.He got into the race simply to make his points and I think was overwhelmed there was an audience and actual supporters[especially young supporters]who came out to every event to hear his message.

Exactly! But once it was evident that he wasn't going to get the Republican nod, the king abdicated his throne and started to wax nostalgic.

Bindare_Dundat · « **Reply #18 on:** November 06, 2010, 09:21:54 AM »

Bindare_Dundat · « **Reply #19 on:** November 06, 2010, 11:22:02 AM »

Soul Crusher · « **Reply #20 on:** November 06, 2010, 02:22:29 PM »

Ron Paul Is About to Totally Revolutionize the House Monetary Policy Panel
CNBC ^ | 11-5-10
Posted on Saturday, November 06, 2010 3:44:58 PM by My Favorite Headache

Odds are you haven’t heard of the monetary policy subcommittee. Officially known as the House Subcommittee for Domestic Monetary Policy and Technology, it’s a subdivision of the House Financial Services Committee that has mostly occupied itself with pressing questions of issuing commemorative coins and whether or not to eliminate the penny.

Getty Images Ron Paul (R-Texas)

That’s about to change. Ron Paul, the Republican Congressman from Texas, is the ranking member of the monetary policy subcommittee, and when the next Congress takes over he’ll likely be the chairman of the subcommittee.

And Congressman Paul has some big plans.

“I will approach that committee like no one has ever approached it because we’re living in times like no one has ever seen,” Paul said in an interview with NetNet Thursday.

Paul said his first priority will be to open up the books of the Federal Reserve to the American people.

“We need to create transparency there. To see what it is they are buying and lending, and who it is they are dealing with,” Paul said.

Paul mentioned that he hoped to use subcommittee hearings to educate the public about the causes of business cycles—which he believes are mainly attributable to monetary manipulation by central bankers.

Monetary reform is also on the agenda. Paul is a noted advocate of the gold standard.

“We will have to have monetary reform,” Paul said. “I think those on the other side of this issue are already planning. They are going to try to replace a bad system with an equally bad system.”

________________________ ________________________ _______

I so hope they let him loose on this.

Deicide · « **Reply #21 on:** November 06, 2010, 02:44:59 PM »

Funny how Fox and that dude in particular used to take pot shots at R.Paul....how the winds change. Who knows why Fox 'changed' its tune?

Deicide · « **Reply #22 on:** November 06, 2010, 02:47:07 PM »

Quote from: 24KT on November 05, 2010, 01:49:32 PM

I'm not implying Ron Paul is not a man of consistency or integrity.

I say this because of his recent Presidential bid. Maybe it was just me, but part way through it, I got the impression that he just gave up and was enjoying the notoriety he was getting instead of pressing forward. It's like he founded the Tea Party movement, then either gave it away or let it get away to those with an agenda that might not be his. That's just the impression I have. I'm not ready to write him off just yet... not anywhere close to doing that, I just hope he sinks his teeth in and takes the bite I know he's quite capable of taking.

The Original Tea Party was highjacked...the one today does not resemble the one Ron Paul inspired.

Soul Crusher · « **Reply #23 on:** November 06, 2010, 02:53:00 PM »

Quote from: Deicide on November 06, 2010, 02:47:07 PM

The Original Tea Party was highjacked...the one today does not resemble the one Ron Paul inspired.

And guess what Decide - if the original Tea party stayed as it would - Pelosi would still be Speaker of the House, no rand paul, no rubio, no johnson in WI, no bozman in AR, no Toomey in PA, Bachmann would be in the back of the pack, and ron paul would not get this spot.

One step at a damn time.

Deicide · « **Reply #24 on:** November 06, 2010, 03:02:55 PM »

Quote from: 333386 on November 06, 2010, 02:53:00 PM

And guess what Decide - if the original Tea party stayed as it would - Pelosi would still be Speaker of the House, no rand paul, no rubio, no johnson in WI, no bozman in AR, no Toomey in PA, Bachmann would be in the back of the pack, and ron paul would not get this spot.

One step at a damn time.

You're basically saying the only way progress could be made was for it to be highjacked by mainstream politicians? Perhaps. It still has nothing to do with Ron Paul's ideals as all those politicians are just lying dirtbags taking advantage of a movement that they see as politically advantageous to support.