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.
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/
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