Wednesday, December 3, 2008

Congressman Ron Paul: ‘End the Fed’ Now

Ron Paul was interviewed by for this excellent article, where he again calls for the end of the counterfeiting Federal Reserve (hat tip to C4L:

Rep. Ron Paul (R- Texas) has launched a campaign to eliminate the Federal Reserve System and return the nation to a gold or silver standard.

The former Republican presidential candidate, who has introduced legislation to abolish the Federal Reserve Board, claims the Fed is unconstitutional.

His bill, H.R. 2755, would also require that U.S. currency be backed by gold or silver.

“They (the Federal Reserve Banks) are the official counterfeiters,” Paul told “The Constitution says only gold and silver can be used as legal tender. Printing paper money or creating money with a computer is not permissible, and economically it’s a disaster.”

Read the rest

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