Ron Paul: The Fed Will Self Destruct When It Destroys the Dollar

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by Ron Paul: Americans
Deserve a Transparent Fed

Ron Paul’s quest to bring down the Federal Reserve continues.
In a CNBC interview this morning he reiterated again his firm position
against the activities of the Federal Reserve being conducted in
secret. Paul believes there are many questions which Fed legitimately
needs to answer on its activities. He thinks the public should have
the right to know how, when, and to whom the nation’s central
bank lends its money.

According to
Paul, whose basic premise in his fight against the Fed is Einstein’s
“Don’t expect the people who caused a problem to solve
it,” 75% of people want to see the Fed audited. “The Fed
will self destruct when it destroys the dollar”, Paul said.

Last week a
key House panel approved the Paul-Grayson Amendment by an overwhelming
43-26, giving watchdogs new authority to audit the Federal Reserve.
Paul insists that accusation that proposal would politicize Fed
is wrong.

the Ron Paul File

25, 2009

Dr. Ron
Paul is a Republican member of Congress from Texas.

© 2009 Wall
Street Pit

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