According to the Obama administration, August 2 is the date we can expect the economic apocalypse.
Rep. Ron Paul | All Articles
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Rep. Ron Paul
Rep. Ron Paul represents Texas’s 14th Congressional District and is a Republican candidate for president.
There is no issue more serious than war. Wars result in the loss of life and property. Wars are also expensive and an enormous economic burden.
It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate.
Last week marked the one year anniversary of the American Reinvestment and Recovery Act, or the stimulus bill, passing into law. While the debate over its success has been focused on whether or not it is stimulating the economy and on various questionable uses of funds, in my estimation this legislation is accomplishing exactly what it was intended to accomplish – grow the government.