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Economy
See other Economy Articles

Title: Ron Paul Wants a Spot on Federal Reserve Board of Governors
Source: Newsmax
URL Source: http://www.newsmax.com/Politics/ron ... -liberty/2016/12/18/id/764560/
Published: Dec 19, 2016
Author: Solange Reyner
Post Date: 2016-12-19 18:18:13 by Hondo68
Keywords: None
Views: 2683
Comments: 12

Image: Ron Paul Wants a Spot on Federal Reserve Board of Governors

Former Congressman Ron Paul. (Photo by Pete Marovich/Getty Images)

Ron Paul's group, "Campaign for Liberty," is trying to get him a spot on the U.S. Federal Reserve's Board of Governors, a senior politics editor with the Huffington Post reports.

Paul, a former GOP member of Congress from Texas, earlier this week criticized the Federal Reserve, saying it was manipulating the economy.

"We do not work on a free-market principle, we do not have sound money, it's all manipulated," he told Maria Bartiromo on Fox Business Network.

"Prices are going to go up and the money's going to be so bent according to political reasons and not because of business decisions, so we want the government out of it, we want people to save money, create capital, but capital cannot come from the Federal Reserve working with a computer, that's the fallacy and that's why zero rates of interest didn't work because they weren't realistic."

The Board of Governors oversees the work of the Federal Reserve Banks and plays a major role in crafting U.S. monetary policy. There are seven members, all appointed by the president of the United States.

Paul established "Campaign for Liberty," his nonprofit political organization, during his presidential run in 2008 with the purpose of spreading his idea that the government should be limited in its role.

Paul also has run for president as a Republican and as a Libertarian.


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Begin Trace Mode for Comment # 2.

#1. To: hondo68 (#0)

The Fed won't have him because Ron Paul believes that to make a policy decision, you don't lie to the American People.

buckeroo  posted on  2016-12-19   20:59:35 ET  Reply   Untrace   Trace   Private Reply  


#2. To: buckeroo (#1)

The Fed won't have him because Ron Paul believes that to make a policy decision, you don't lie to the American People.

Like when he loads up spending in his district. Votes for it in committee. Makes sure it is there. Knows it is in must pass legislation. Then votes against it and grandstands. That is a lie.

A K A Stone  posted on  2016-12-19   21:48:20 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 2.

#3. To: A K A Stone, tax theft (#2)

votes against it and grandstands

He's returning the money that was stolen from the people in his district, by the D&R Crime Syndicate.

The stolen property has been returned to the owners.

Hondo68  posted on  2016-12-19 22:01:07 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 2.

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