ALERT: Elitist Bankers and Congressional Leadership Are Plotting to Stop Ron Paul

by Robert Wenzel
Economic Policy Journal

Recently by Robert Wenzel: Disappearing Bank Accounts

With Republican control of the House, Ron Paul, as senior member of the House Financial Services subcommittee that oversees monetary policy, is scheduled to become chairman of that subcommittee.

The banking elitists that were thrown billions upon billions by Ben Bernanke and the Federal Reserve sure don't want the real supervision that Ron Paul would bring. And they are plotting.

Write Phil Mattingly and Robert Schmidt at Newsweek:

Officials at several major banks have privately raised concerns with Republican leaders that, by allowing Paul to become a chairman, his radical views would gain legitimacy, according to three bank lobbyists...Five GOP leadership aides, speaking anonymously because a decision isn't final, say incoming House Speaker John Boehner has discussed ways to prevent Paul from becoming chairman or to keep him on a tight leash if he does.

Read the rest of the article

December 4, 2010

©2010 Economic Policy Journal

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