The Federal Reserve is to Blame for the Weak Economy

How about that… Fox News finally ran a story about Ron Paul.

And, it's a story on a topic Ron Paul has been talking about for a long time… the Federal Reserve and how the "inflation tax" is destroying our economy. 

Paul highlighted his economic remedies — abolishing the federal income tax and returning to the gold standard, among them — on a three-city tour of Louisiana.

Paul blamed the Federal Reserve for the current economic conditions; stock markets worldwide fell Monday after Wall Street declined last week. On his Web site, he said the Fed has taken the United States “into a terrible crisis.”

Paul told an overflow crowd at a suburban New Orleans hotel Monday that the Fed has allowed the dollar to weaken, which in turn, he said, has hurt the middle class and led to inflation.

“I would enjoy being the next president to get rid of our central bank,” he told supporters. The crowd gave him a raucous welcome, chanting at one point, “Who dat? Who dat say they’re gonna beat Ron Paul?” — a riff on a popular football chant for the New Orleans Saints.

Paul, on his Web site Monday, said the economic policies of his opponents are based on ill-advised “print-and-spend” theories. He added that he would cure the economic crisis by ending the “hyper-expensive, hyper-dangerous empire all around the globe.”

Ron Paul is a 10-term congressman from southeast Texas and is the only candidate that promises true change.  His campaign differs on many points from most of his Republican rivals: He opposes the Iraq war and the death penalty, abortion, and gun control.  He would also like to abolish the Education Department, Energy Department and Internal Revenue Service.