Posts

Showing posts from October 30, 2009

Ending the Federal Reserve via Federal Reserve Transparency Act of 2009 (HR 1207)

Recently there have been a flurry of economic reports and activity suggesting that the next months and years ahead will be arduous.  As an amateur student of the economy there is one persistent underlying theme that can be found as the central issue of virtually every debacle today.  Whether it be a seemingly benign issue like cash for clunkers, to continuing escalation in Iraq and Afghanistan to the crippling housing crisis it can all be explained in one form or another by monetary policy. While I am no fan of Ron Paul due to his inexplicably strange following and tendency to over simplify and even skew issues, he has been championing a most noble and righteous cause for many decades now.  What Paul understands and many do not is the inherent power structure of Congress and individuals who will do anything to retain this power.  There is a way however, in fact there are two ways to actually end the Fed and you can read my recent articles pertaining to the economy to understand why t