The historic first hearing of Chairman Ron Paul’s monetary committee, to expose the Federal Reserve as the prime creator of unemployment and so much human suffering, will take place at: 10:00AM on Wednesday, February 9, 2011, in Room 2128 of the Rayburn House Office Building, which is the main hearing room of the Financial Services Committee. Rayburn is across the street from the US Capitol at at Independence Ave. and South Capitol St., Washington, DC 20003. The witnesses include the eloquent Austro-free-market stars Thomas DiLorenzo of Loyola University Maryland and Richard Vedder of Ohio University. This great event is open to the public.
The Fed itself, and at least three big banks, lobbied against Ron’s chairmanship. Republicans who share their fear of the truth worked with Paul Ryan, chairman of the “Budget” Committee, to schedule hearings with Bernanke at the exact same time as Ron’s this Wednesday, to try to diminish the significance of Ron’s. Ryan, btw, is the fair-haired boy of the Republican leadership who gave the boring response to Obama’s boring State of the Empire Sermon. Like the Republican leadership, Ryan talks about cutting spending, but that is only a ruse. He is a big-government neocon, and so naturally supported TARP, Bush’s prescription drug welfare, his wars, and the empire in general.
I don’t believe this insider trick will work against Ron, because his support comes not from the regime or the Republican leadership, but from the grassroots. I think the Paulians will pack Ron’s hearings, and not only to show their support for him against the power elite. These hearings will have huge significance in the fight against the Fed, the fractional-reserve banksters, and other destroyers of our prosperity and freedom. It will also be a huge amount of fun!
10:35 am on February 6, 2011
