Dec 12, 2010

Ron Paul on the Federal Reserve

Today, there is no principled opposition to the corporate bailouts and the Fed’s trillions of dollars of new credit and the takeover of insurance, mortgages, medical care, banks and the auto industry. The arguments have only been over amounts, financial vehicles, and which political group gets to wield the economic power. If there is no moral argument against the economic takeover of America, there will be no resistance to the dictator who rules over our lives with an iron fist.

"The Fed? Ron Paul's Not a Fan," New York Times, December 12, 2010

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