posted on Oct, 15 2009 @ 07:11 PM
Ron Paul hit the nail on the head.
The fed is meant to stabilize interest rates, keep unemployment down, and allow the dollar to keep its value, which in other words means fight
As he also stated, interest rates are up and down ALL over, unemployment is at 16% and higher (according to him), and just look at the value of the
In other words, the fed HAS FAILED.
So why are we allowing a failed organization to keep running, especially under this shroud of secrecy? On top of that, they claim interest rates
would rise and it is hinted that ultimately the economy would be hurt if they are audited.
In other words, they are already hurting the economy, and if they are audited (or in my terms, FIXED), the fed will end up hurting the economy even
It seems to me as if they want to hold on to their power regardless of how good of a job they are doing.
Currently watching the full 2 hour plus
video.2 Hour C-SPAN