Monthly Archives: December 2009

YouTube – 12/14/09 Ron Paul: The Fed’s Money Monopoly

Last week, in the name of protecting the little guy from Wall Street, the House passed HR 4173 to increase the little guys false sense of security in the financial system. This mammoth piece of legislation would massively increase government regulation and oversight in the banking industry under the misguided reasoning that more government could have stopped faulty lending practices, when in actuality it caused them. This bill would also greatly increase the powers of the Federal Reserve, which too many in Congress still see as savior rather than perpetrator in this mess.

via YouTube – 12/14/09 Ron Paul: The Fed’s Money Monopoly.