Ron Paul To Oversee Federal Reserve?

Okay, I'm quick to point out when the newly empowered GOP strays from its avowed principles; I've been talking about it ever since election day earlier this month. So now that I see them doing something that I think is a GOOD idea, I want to acknowledge that, as well.

As you know, the majority party in each House of Congress picks the heads of committees and hands out committee assignments. Now that the GOP won the House back, they're deciding who will head each committee. Ron Paul is being considered to be the Chairman of the Financial Services subcommittee. They oversee the Federal Reserve.
http://tinyurl.com/27q6mx4

Paul is poised to take over the Financial Services subcommittee that oversees the Federal Reserve in the next Congress. With the power of that pulpit, Paul said he hopes to shine a light on the Fed’s policies, which he has long criticized as opaque and secretive, and make the case that the bank’s monetary policies harm the U.S. economy.

Paul’s elevation to the lead spot on the subcommittee is no sure thing, since the GOP leadership has yet to decide the chairmanships. But as ranking member of the Domestic Monetary Policy and Technology Subcommittee, Paul is the most likely choice for the gavel.

Ladies and gentlemen, this would be an EXCELLENT move by the Republicans.


Dr. Paul has been an outspoken critic of the Federal Reserve for decades, and is highly critical of what they do and how they do it. Who better to oversee their operations?

So if the GOP actually follows through and appoints Paul to the oversee the Federal Reserve, then they get two big thumbs-up from me.