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Discussion Starter · #1 ·
Oh man, this is the news of the year for me!

Representative Ron Paul, Texas Republican and author of “End the Fed,†will take control of the House subcommittee that oversees the Federal Reserve.
Paul, in an interview last week, said he plans a slate of hearings on U.S. monetary policy and will restart his push for a full audit of the Fed’s functions.
http://www.bloomberg.com/news/2010-12-0 ... panel.html
 

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Yeah, when I heard this a couple weeks ago that he was in the running to oversee the panel, I was really excited.

Is it official yet? Is he officially leading the panel now?
 

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Discussion Starter · #3 ·
EJR914 said:
Yeah, when I heard this a couple weeks ago that he was in the running to oversee the panel, I was really excited.

Is it official yet? Is he officially leading the panel now?
Yes sir!

House Financial Services chairman-elect Spencer Bachus, an Alabama Republican, selected Paul, 75, to lead the panel’s domestic monetary policy subcommittee when their party takes the House majority next month, the committee chairman said today.
 

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:woohoo:

Finally some common sense and principle will be applied to our Central Bank. I feel very comfortable with Ron Paul overseeing the panel.

Its really poetic justice for the Central Bank. After all, Ron Paul wants the Fed finally audited, and eventually wants it ended.

I hope he is able to do something. Our Central Bank certainly needs to be more transparent, and certainly needs someone with a stern hand overseeing them, and our Currency Dictator, Bernanke.
 

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Seriously the best news I have heard in some time. :righton:
 

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Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
 

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I hope all of Bernanke's hair falls out when Ron's done with the Fed.
 

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Thorsen said:
Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
Why? The Fed isn't authorized by the Constitution, and they have drove the dollar into the ground. Why would you want them to stick around?
 

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Discussion Starter · #9 ·
rankhornjp said:
Thorsen said:
Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
Why? The Fed isn't authorized by the Constitution, and they have drove the dollar into the ground. Why would you want them to stick around?
Quite frankly, if an audit is done (and we know Paul will make it public), he won't have to push to end the fed, the people will.
 

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rankhornjp said:
Thorsen said:
Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
Why? The Fed isn't authorized by the Constitution, and they have drove the dollar into the ground. Why would you want them to stick around?
He likes the idea of central, supreme, and unchecked entities.
 

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JiG said:
rankhornjp said:
Thorsen said:
Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
Why? The Fed isn't authorized by the Constitution, and they have drove the dollar into the ground. Why would you want them to stick around?
He likes the idea of central, supreme, and unchecked entities.
Nice, but not quite correct. Unlike others, I appreciate what a fiat currency and a strong federal reserve have done to improve our long term economic position. I would point at the facts, but I have done that numerous times on this board only to be ignored. So instead I will just tell you to continue ignoring the facts as they do not fit with your world view.

See, I can play that game too. :)
 

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Thorsen said:
JiG said:
rankhornjp said:
Thorsen said:
Thumbs up to Paul wanting to audit and make public the assets of the Fed. Thumbs down to his desire to end the Fed.
Why? The Fed isn't authorized by the Constitution, and they have drove the dollar into the ground. Why would you want them to stick around?
He likes the idea of central, supreme, and unchecked entities.
Nice, but not quite correct. Unlike others, I appreciate what a fiat currency and a strong federal reserve have done to improve our long term economic position. I would point at the facts, but I have done that numerous times on this board only to be ignored. So instead I will just tell you to continue ignoring the facts as they do not fit with your world view.

See, I can play that game too. :)
Did you say something? Sorry, I wasn't listening.... to you that is. You're always cherry picking your "facts" to make your own world view then you run around saying others do it. Then when you run out of "facts" to support your view, or have no facts to begin with, you resort to character assassination. I've seen this movie before, it ends the same way. Sorry bro, when you point your finger you have 3 pointing back at you.
 

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I'd like to see how JiG can support his claim of "cherry picking" the facts, when the facts clearly show longer periods of economic growth with shorter periods of economic contraction under a fiat system versus a commodity based currency. Care to educate us all JiG? Or going to stick with one-liners?
 

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Thorsen said:
I'd like to see how JiG can support his claim of "cherry picking" the facts, when the facts clearly show longer periods of economic growth with shorter periods of economic contraction under a fiat system versus a commodity based currency. Care to educate us all JiG? Or going to stick with one-liners?
Why should I bother with you? In your words, you are "dismissive" of me.

If someone wants me to explain, they can ask themselves and I will gladly explain. Otherwise, no. I'm not wasting my time with you. One liners and zingers it is.
 

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JiG said:
Thorsen said:
I'd like to see how JiG can support his claim of "cherry picking" the facts, when the facts clearly show longer periods of economic growth with shorter periods of economic contraction under a fiat system versus a commodity based currency. Care to educate us all JiG? Or going to stick with one-liners?
Why should I bother with you? In your words, you are "dismissive" of me.

If someone wants me to explain, they can ask themselves and I will gladly explain. Otherwise, no. I'm not wasting my time with you. One liners and zingers it is.
I'll play. Could you explain JiG?
I really have no idea what the Fed is for or what they do.
 

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Campeck1911 said:
JiG said:
Thorsen said:
I'd like to see how JiG can support his claim of "cherry picking" the facts, when the facts clearly show longer periods of economic growth with shorter periods of economic contraction under a fiat system versus a commodity based currency. Care to educate us all JiG? Or going to stick with one-liners?
Why should I bother with you? In your words, you are "dismissive" of me.

If someone wants me to explain, they can ask themselves and I will gladly explain. Otherwise, no. I'm not wasting my time with you. One liners and zingers it is.
I'll play. Could you explain JiG?
I really have no idea what the Fed is for or what they do.
I'm not here to play.

Start here if you absolutely know nothing about the Fed: Why the Founders Rejected a Central Bank
 

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Well, whatever you (collective) may think about the Fed, we all know what Ron Paul thinks about it. This should turn out very interesting.
 
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