Writes Tucker Carlson in The New Republic: “he first thing I learned from driving around Nevada with Ron Paul for a couple of days: People really hate the Federal Reserve. This became clear midway through a speech Paul was giving to a group of Republicans at a community center in Pahrump, a dusty town about 60 miles west of Las Vegas. Pahrump is known for its legal brothels (Heidi Fleiss lives there), but most of the people in the audience looked more like ranchers than swingers. They stood five deep at the back of the room and listened politely as the candidate spoke.
“Until Paul got to the part about the Fed. ‘We need a much better monetary system,’ he said, a system based on “sound money, money that’s backed by something.’ Paul, who is small and delicate and has a high voice, spoke in a near monotone, making no effort to excite the audience. They cheered anyway. Then he said this: ‘The Constitution gives no authority for a central bank.’ The crowd went wild, or as wild as a group of sober Republicans can on a Monday night. They hooted and yelled and stomped their feet. Paul stopped speaking for a moment, his words drowned out. Then he continued on about monetary policy.
“Wow, I thought. The constitutionality of a central bank is not an issue you see on many lists of voter concerns. (How many pollsters would think to ask about it? How many voters would understand the question?) Yet a room full of non-economists had just responded feverishly when Paul brought it up. Hoping for some context, I went outside and found a Paul staffer. He didn’t sound surprised when I told him about the speech. ‘It’s our biggest applause line,’ he said. Read the rest. (Thanks to Eric Garris.)
9:07 am on December 21, 2007
