With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
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Ronald Reagan and Ron Paul
Ronald Reagan: "Ron Paul is one of the outstanding leaders fighting for a stronger national defense. As a former Air Force officer, he knows well the needs of our armed forces, and he always puts them first. We need to keep him fighting for our country."
Ron Paul in the Air Force
Ron Paul is a proud Air Force veteran. He served as a flight surgeon in the U.S. Air Force from 1963 to 1965 and then in the U.S. Air National Guard from 1965 to 1968. During his military service Ron Paul spent time on the ground in Iran, Pakistan, South Korea, Turkey, Ethiopia and other countries.
Ron Paul is very popular with the military. He receives more donations from active duty military personnel than all other Republican candidates combined.
Ron and Carol: Married for 56 Years
Ron Paul has been married to his wife Carol Wells since 1957. They have five children: Ronald, Lori, Rand, Robert, and Joy. Paul's son Rand is the junior senator from the state of Kentucky.
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I,too, am excited about H.R.1207.Do I think that it has a realstic chance of getting passed in its current form, no.The Fed is the blank check for socialism and those in that movement and who have that agenda will do nothing to harm the goose that lays their golden eggs.Since the majority of the Democratic party are , in my opinion, socialist, they will raise no hand in anger towards the Federal Reserve and they are in control.Sadly.
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I heard Obama say he would like the FED to be in charge of regulating our banking system. Isn’t that what the FED has already been doing for years, controlling our banking and our financial systems?
As HR1207 has gained interest and co-sponsorship (which excites me to no end!), it would appear as if Obama’s way of defeating it is by way of making the FED formally in charge of regulating the banking system rather than auditing the FED and getting rid of this unnecessary corporation.
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Unprecedented times. Catch the latest news articles pertaining to a push for increased Federal Reserve powers at http://economiccrisiswatch.blogspot.com/.
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