The banking industry and Federal reserves biggest nightmare is having Ron Paul become the next House chairman of Monetary Policy. The fear has become so acute that wall street bankers are working behind the scenes with establishment Republicans to keep him out of this leadership position. In an article from Bloomberg Business week on Thursday, Fed friendly Republicans are plotting ways to keep Congressman Paul from following through with his reform agendas. For the economy and America, the last fiscal hope we have is that Ron Paul receives the position as Chair of House Monetary Policy, otherwise, the banking system, Fed, and currency will continue to decline and America's hope of a future will be dissolved. Read the story
Will Republicans get their wish Will Republicans get their wish and stop Ron Paul from obtaining the House Chair position the Democrats so desperately want him to achieve? Only time will tell. Either way, the govenment's economic situation needs some serious readjusting.
For the economy and America, the last fiscal hope I think that Ron Paul receives the position as Chair of House Monetary Policy, otherwise, the banking system, Fed, and currency will continue to decline and America's hope of a future will be dissolved
Those haters in the republican and democratic party always try to block poor old Ron. I hope he can do what he thinks is right without too much impediment from the establishment politicians.
In 2006, Arlen Specter made an impassioned plea to hold the Senate Judiciary chair, only to later show that he intended to hinder conservative nominees to the Supreme Court. John Boehner is quickly showing himself to be a paid-for politician, who may use his upcoming House Speakership to keep the reforms of Congress that the last election mandated from happening.