John Boehner, Neo-Cons, and Federal Reserve Apologists – Anybody But Ron Paul To Head Monetary CommitteePosted by Al @ 12:47 pm
Monetary Policy: Fed Critic Ron Paul’s Power Play describes the aspirations of Ron Paul to be elected to the House panel on monetary policy and efforts of the Neo-cons to keep him from it. Ron Paul is probably the greatest Statesman in the U.S. Congress. His foundation in politics is based on sound Constitutional principles. Unfortunately, that doesn’t sit well with moneyed-interest career politicians that are hell bent on rendering Congress irrelevant. Seeing that the voice of government is supposed to originate from the people, this line of Congressional dereliction basically eliminates the peoples ability to effect changes in Washington. As Dr. Paul and other liberty-loving Americans continue to get marginalized by the corrupt GOP machine, it does so at its own peril. This article is just another example of Washington’s obfuscating political dinosaurs trying to play defense for the financial, corporate, and political elite.
Retiring New Hampshire Senator Judd Gregg, one of the Federal Reserve’s most stalwart Republican supporters, showed up for a meeting at the central bank in November bearing a surprising gift: a box of End the Fed books. As he handed out the 2009 best seller by Representative Ron Paul, a longtime Fed critic, Gregg told the gathering it would be worth reading to see what the other side is plotting.
Gregg reveals what many of us have always suspected: The Federal Reserve is not on the side of average Americans. The Federal Reserve is an unaccountable quasi-governmental agency that, while claiming a mandate to produce employment and fight inflationary/deflationary cycles, operates primarily to benefit its members and other moneyed interests around the globe.
…landing the chairmanship of the House Financial Services Committee panel that oversees monetary policy—a job that will give him the power to push legislation reining in the central bank and to haul Fed governors up to Capitol Hill for hearings.
The claim that politicizing the Fed would be detrimental to monetary policy by allowing partisan politics to leech into policy issues is a bogus claim. The people have spoken and want to know how the Fed is actually undermining American citizens’ economic interest for the benefit of of their member banks, large corporations, and other countries’ Central Banks.
The prospect has Wall Street, Fed officials, and even Republican House leaders worried that Paul’s agenda could roil the markets and make a mockery of the U.S. financial system…Officials at several major banks have privately raised concerns with Republican leaders that, by allowing Paul to become a chairman, his radical views would gain legitimacy, according to three bank lobbyists.
What they really mean is they don’t want people to realize how the Fed has gamed the U.S. financial system and show that the banking system in the U.S. is barely solvent and is being propped up to instill consumer confidence. If the people knew the real situation of our corrupt banking system, they would demand changes to allow for more accountability and transparency. They would probably demand a new system of banking or perhaps demand that competing currencies be allowed in the U.S. to take away the monopoly the Fed has on our money supply.
If he gets the subcommittee gavel, Paul says he plans a thorough review of Fed policy.
I think Ron Paul could make more progress on this issue than anyone, but still would have to overcome Fed stonewalling to avail itself for requested data. Remember what roadblocks they have erected regarding numerous FOIA requests they fail to comply with in order to keep their operations’ information secret.
“There has been a politically cozy relationship between Congress and the Federal Reserve,” he says. That includes past efforts to keep him from heading the subcommittee. “Republican leadership, with the Fed’s influence, has been working to keep me away from this for a long time.
Hopefully, as more of the Neo-Con, Fed apologists type political figures get fired and replaced by Statesmen, the roadblocks consistently thrown at Paul will be torn down and Americans will see how corrupt our banking system is.
Five GOP leadership aides, speaking anonymously because a decision isn’t final, say incoming House Speaker John Boehner has discussed ways to prevent Paul from becoming chairman…
There is not much to explain here except that, “the beat goes on”-”same as it ever was” days of Congressional corruption will come to an end. Maybe it will take a couple of extra election cycles to remove these Congressional traitors, but it will get done. These non-Statesman, career politicians all need to go, so keep shining the light on the dark side of the Congressional aisle and eventually the rats will have no where to run but for the exits.
Boehner is your typical country club-minded elitist trash that needs to be thrown to the curb. Please help clean this litter from our Congressional halls.