Ron Paul: "Mr. Speaker, The Big Guns Have Lined Up Against HR 1207; What Are They So Afraid Of?" (House Floor Clip)

Five minute clip from the House floor, July 21.  Paul takes on Bernanke.  He makes an excellent point that the Fed's monetary policy is already politicized by White House influence, so Bernanke's claim of Federal reserve independence is bogus.

That said, I'll repeat myself.  I do not think it's a good idea for Congress to get involved with interest rate decisions.  The reasons are pretty obvious.  Let's get an audit of the books, learn a little something about Maiden Lane, the Bank of America $118 billion ring-fence and the Citigroup $300 billion asset guarantee.  For starters.

Seventy-five percent of Americans now support an audit of the Fed.  Click here to quickly contact your Senators and tell them to get moving on the Fed audit.  You can do a lot with 60 seconds and 5 clicks of your mouse.

This is an outstanding clip.

Watch

Comments

[Sonic Ninja Kitty]

Sing it, Dr. Paul, sing it!

[V as in...]

That man is a hero. He is risking his life for us folks! Unfortunately, I think he needs the U.S. Military behind him on this one and the 20 years guys in the military with the most say so are only going to protect their pensions, not our constitution or our country.

God Bless The United States of America

[DailyBail]

I'm looking forward to seeing how his son might do in the Kentucky elections in 2010.

[Sell Short]

Ron Paul is the future!!

[DailyBail]

@sonic

It's terrific to see that you are such a fan of Dr. Ron Paul. His message is an absolute winner. Very few people disagree with his views, even his more controversial belief that we should bring all of our troops home, for example.