Dennis Kucinich finally shows the world why the Left is also against the Federal Reserve, gains support of Tea Party activist?
I have always mused and wondered out loud about the peculiar alliance between the likes of Ron Paul - a small government sound money advocate and people like Alan Grayson and Bernie Sanders who are admitted socialists. What is it about these two completely polarizing political viewpoints that brought them together to fight the Fed? In fact, I was utterly shocked that some libertarians mourned the defeat of Alan Grayson this past November citing his defeat as a loss in the battle against the Federal Reserve. At the time my speculation was rather simple. Socialists resent the Federal Reserve just as much as we do, however for entirely different reasons. We resent the Fed for several basic reasons. The Federal Reserve is a monopoly and controls the supply of money. It centrally plans interest rates and has a flawed mandate to create full employment which is an illogical desire - because employment should always be liquid. Finally the Federal Reserve has a mandate of steady infl