Most on the Committee lack the understanding that Ron Paul has of the devastating effects of the Fed’s actions and most of those that do have some understanding unlike Ron Paul, are too afraid to really challenge this errand boy of the international bankers to effect the necessary changes.
“I have over the years obviously been critical about what goes on in monetary policy, but it hasn’t been so much the chairman of the Federal Reserve, whether it was Paul Volcker or Alan Greenspan or the current chairman, it’s always been the system,” Paul said. “I think they have a job that they can’t do because it’s an unmanageable job, it’s a fallacy, it’s a flawed system, and therefore we shouldn’t expect good results.
“Whose responsibility is it under the Constitution to manage monetary policy?” Paul asked.
“Congress has the authority and it’s delegated to the Federal Reserve. That’s a policy decision that you’ve made,” Bernanke replied.
http://www.veteransnewsnow.com/2012/07/18/ron-pauls-historic-moments-as-chairman-against-the-fed/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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