Ron Paul Will Be Monetary Chairman

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Ron was pretty much a shoo-in when Paul-friendly Spencer Bachus of Alabama got the full committee chairmanship (which ought to be Ron’s by seniority, btw), but it is good to know that Spence has now told Ron that he will be finally be chairman of the monetary policy subcommittee, after being denied it three times by Republicans like Gingrich. This appointment is happening despite the lobbying against Ron by three big banks. This time, the Republican leadership dare not outrage the Ron Paulian masses. Get ready for some fun! They must be hanging the black crepe at bankster central, the Fed.

See esp. 3:10 ff. (Thanks to Minnesota Chris)

8:36 am on December 9, 2010