Thursday, December 9, 2010

Look Out Ben Bernanke, Ron Paul Is Gunning for You!

http://www.theatlantic.com/politics/archive/2010/12/look-out-ben-bernanke-ron-paul-is-gunning-for-you/67779/
Last week, I wrote a column about what I think is one of the more intriguing storylines for the new Congress: the possibility that Rep. Ron Paul (R-Texas)--strident libertarian, devotee of Austrian economics, author of End the Fed--might finally assume the chairmanship of the House subcommittee that oversees the Fed. Twice before he's been denied this spot because the GOP leadership worried he was too much of a rabble-rouser and too independent-minded to control. But given the broad animus toward the Fed--a new Bloomberg poll shows that half of all Americans want it reined in or abolished--especially among the ascendant Tea Party wing of the Republican caucus, denying Paul for a third time would have provoked an uproar.

Well, word has just come down from the Financial Service Committee that Paul got the job.

No comments:

Post a Comment