Paul backers at GOP confab push through platform to dump Fed
Associated Press
June 14, 2008
Ron Paul supporters at the Idaho Republican Convention in Sandpoint succeeded in adding a plank to the state party platform to dissolve the U.S. Federal Reserve.
The state's dominant political party is now calling for returning to a system where the U.S. currency is backed by gold and silver.
After the measure passed, Rick Martin, a Paul stalwart from Twin Falls county, screamed "Freedom."
Susan Kenney, a Paul supporter from Ada County said "the Federal Reserve has been inflating our currency and weakening our dollar for several decades" and predicted dire consequences for the U.S. economy if the move isn't made.
Foes of the dumping the Federal Reserve said while the current system isn't perfect, it's helped preserve U.S. economic stability.
SOURCE:
http://www.theolympian.com/northwest/story/478894.html
Associated Press
June 14, 2008
Ron Paul supporters at the Idaho Republican Convention in Sandpoint succeeded in adding a plank to the state party platform to dissolve the U.S. Federal Reserve.
The state's dominant political party is now calling for returning to a system where the U.S. currency is backed by gold and silver.
After the measure passed, Rick Martin, a Paul stalwart from Twin Falls county, screamed "Freedom."
Susan Kenney, a Paul supporter from Ada County said "the Federal Reserve has been inflating our currency and weakening our dollar for several decades" and predicted dire consequences for the U.S. economy if the move isn't made.
Foes of the dumping the Federal Reserve said while the current system isn't perfect, it's helped preserve U.S. economic stability.
SOURCE:
http://www.theolympian.com/northwest/story/478894.html
