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Monday, September 14, 2009

Ron Paul on "End the Fed"

Congressman Ron Paul discusses his new book "End The Fed," as well as other economic issues and Federal Reserve-related topics.

Did you know that the Federal Reserve is a Privately Owned Company? It is the Central Bank for the United States. When congress votes to print money, i.e. Stimulus Package, it is the Job of the FED to print this money and give it to the United States with Interest (national debt). Created in 1913 by Woodrow Wilson, many would have you believe that this Entity is the reason for our economic booms and busts. They want to give the power back to the Government to print it's own money.

House Bill HR 1207 is gaining support. This would allow the Congress to audit the Fed.

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