Ron Paul

It’s an important week with Congressman Ron Paul’s Audit the Fed bill, H.R. 459, being voted on this Tuesday, July 24, in the U.S. House of Representatives.  This is an exciting move because the bill is being introduced under a “suspension of the rules.”  What this means is supporters must have a two-thirds majority to allow passage.  The [...]

Ron Paul delegates picked up 21 of the 25 unbound seats from the state of Iowa over the weekend.  Paul looks likely to have about 200 delegates on the floor in Tampa for the Republican convention that are able to vote for him and more importantly making a significant, positive contribution to the 2012 Republican [...]

Nobel Prize recipient in economics, Paul Krugman, embraces the idea that more money printing can save the world stating, “Higher expected inflation would aid an economy.”  Barack Obama embraced this philosophy with his 2008 Keynesian  800 billion dollar stimulus package.  The hope was to sacrifice inflation and government debt for the promise of 4 million jobs.  [...]

At the latest Federal Reserve board meeting, the consensus is that the U.S. economy is improving (HUH?) and interest rates will remain at record lows.  Well, that makes sense-banks are loaning money to individuals at low levels too, between 4-5%.  The Federal Reserve must be loaning money to central banks at a similar rate, right?  [...]