Friday, December 10, 2010

Fed feels earthquake? Ron Paul to have oversight

Fed feels earthquake? Ron Paul to have oversight: "Rep. Ron Paul, R-Texas, a longtime advocate for plans to end the Federal Reserve's control of U.S. monetary policy, will assume the chairmanship of the Domestic Monetary Policy Subcommittee of the House Committee on Financial Services when the 112th Congress begins in January, WND has confirmed.

Michael Steel, press secretary for Minority Leader John Boehner, R-Ohio, had told WND that Boehner had no intention of blocking Paul from being subcommittee chairman.

Then today, Rep. Spencer Bachus, R-Alabama, the chairman-elect of the House Financial Committee, formally appointed Paul to head the monetary policy subcommittee.

The Federal Reserve might have been feeling an earthquake right about that time."

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