Ron Paul to Chair Monetary Policy Subcommittee

[MRoCkEd]

Sometimes all you need is a headline. Ron Paul is slated to run this subcommittee, giving him some actual power and a megaphone on the issue dearest to his heart.

 

[nobody's_hero]

Oh, I hope this happens.

It would give Ron a chance to grill the international banksters—with a flame-thrower.

 

[Lucille]

Zerohedge: John Taylor: "November Will See The Flash Point That Begins The Market's Reversal"

John Taylor, who has not made any friends at the administration with his recent comparison of Ben Bernanke to Hitler, has released his latest letter whose purpose is to disabuse what Traxis flip flopper extraordinaire Barton Biggs (or rather is praying, due to his high single digit negative YTD P&L), as well as many others believe, will be a 10% boom in stocks prices following November 3. Wrong. As this whole rally has been liquidity driven, all that will take to reverse it, is for someone to step between the Chairman and his favorite Hewlett Packard. That someone: anti-Fed crusader Ron Paul, who will see this as his last mandate (and chance) to leave a memorable mark on the Fed's modus operandi: "After the Republican victory things will change. The Fed will be hamstrung, as Ron Paul, a conservative standard-bearer and harsh critic of the Fed, will head the sub-committee overseeing its actions. Liquidity expansion or new programs will probably drop sharply under his watch. Paul would argue that the Fed’s unfettered ability to “debase” the currency is about to come to an end" Which is why all those who believe "more of the same" will continue indefinitely, may be wise to hedge their bets.

Also here: "The Fed will be hamstrung, as Ron Paul, a conservative standard-bearer..."

 

[brandon]

This is probably the best thing to come out of this election.

 

[jclay2]

Oh, I hope this happens.

It would give Ron a chance to grill the international banksters—with a flame-thrower.

Already getting excited for the Bernanke/Geithner v RP face off. So much better than Bawney Frank.

 

[LDA]

If only this could have been done 10 years ago. The damage has been done, but maybe we can stop it from getting worse.

 

[WRellim]

Ron Paul to Chair Monetary Policy Subcommittee

And in other news, Congress Republican leadership has decided to disband the "Monetary Policy Subcommittee" and merge it's responsibilities with the "Subcommittee on Environmental Excrement Disposal", which will be chaired by senior Congressman DerpDerpDerp.

Because that is exactly what the did the last time Ron was up for a chair position.

 

[Maximus]

Let's hope the repubs are too distracted by their victory and forget about Paul

 

[Koz]

They will never let him chair a subcommittee.

 

[Fozz]

Sometimes all you need is a headline. Ron Paul is slated to run this subcommittee, giving him some actual power and a megaphone on the issue dearest to his heart.

How exciting......this should make up for my disappointment from the Senate races.....IF TPTB don't try to stop Ron from chairing this committee.

 

[AJ Antimony]

The last two times they snubbed him he was a nobody that had no name recognition outside his district. Now he's a national icon.

I'm not sure they can get away with it this time... grassroots will be too pissed off.

 

[Baptist]

I vote that we spread this like wildfire. Lets get it all over the Internets like it is a done deal. "Ron Paul to chair Monetary Policy Subcommittee." The more attention we bring to it the better IMO. If the party leaders think nobody is watching, they are more likely to screw him over again.

Call into radio shows, get Alex Jones to rant about it and setup a google search #1 linking to a story about, etc.

 

[Pericles]

Audit the FED may be back with a vengence.

 

[Baptist]

bump.

 

[kkassam]

They will never let him chair a subcommittee.

To clarify: this happened.

 

[Baptist]

To clarify: this happened.

Better than nothing. I'm sending that link to Jones and Drudge and everyone.
http://www.slate.com/blogs/blogs/we...monetary-policy-subcommittee.aspx#add-comment

 

[austrobrady]

The Forbes article doesn't say much, but what is notable is the lack of any talk of abolishing the committee like the Republican leadership did twice before:

http://blogs.forbes.com/bruceupbin/2010/11/03/bernanke-and-the-big-ease-we-happy-few/



Does Bernanke appear before the Domestic Monetary Policy Subcommittee or the full HFSC?

 

[Dr.3D]

They will never let him chair a subcommittee.

They better think twice about that. They already saw what happened to the Democrats when they didn't do what their constituents wanted. I believe this is the Republicans last chance to turn back into the party they once were (and are supposed to be) and save themselves from extinction.

 

[Knightskye]

How exciting......this should make up for my disappointment from the Senate races.....IF TPTB don't try to stop Ron from chairing this committee.

This.

 

[BucksforPaul]

Why do I have a huge smile on my face while reading this thread? I swear I cannot stop smiling and hope that he does get to chair this committee. If TPTB do decide to stonewall him then each and every one of them should be voted out of office next election cycle. This should be our number 2 priority only slightly behind getting Dr. Paul elected to the office of POTUS. By the way, how big of a crime is it to aid and facilitate counterfeiters?

Although I am also a little disappointed in some of the senate races, but we have made great in roads into the so called "mainstream" populace in quite a short period of time. Three years ago, how many times did we ever hear the words Libertarian, Austrian Economics, and End the Fed on corporate "media"? Our ideas are gaining ground at an astonishing rate, in relation to time, while the establishment's age old script cannot keep up.

If only this could have been done 10 years ago. The damage has been done, but maybe we can stop it from getting worse.

I agree with you that great damage has already been done to our economy. However, real free market principles would not only stop the economy from getting worse, but also could possibly improve it to its previous highs. We are in far better conditions if compared to Germany and Japan post WWII. Some people may argue that the transition from Keynesian planned economics to Austrian free markets will cause doom and gloom, but in my opinion this can be avoided by simply addressing our $1 trillion+ a year foreign policy.

Peace