Ron Paul Responds To Perry Fed Smackdown
Congressman Ron Paul has shared his thoughts on comments Rick Perry made regarding the Federal Reserve yesterday, which were afforded hours of airtime by the establishment media and were even addressed by the White House.
Perry said he would consider it “treasonous” should Fed Chairman Ben Bernanke pursue another round of quantitative easing before the 2012 election.
“Those are pretty strong words,” Congressman Paul told CNBC’s Larry Kudlow.
“But the founders felt pretty strongly about counterfeiting.” Paul added. “I wouldn’t call it treasonous, but I would call what our Federal Reserve does morally equivalent to counterfeiting because they create money out of thin air and they give us our problems.”
The Congressman showed great class, as ever, in not rushing to attack his political opponents, instead focusing on his own campaign and his long standing concerns over monetary policy.
“To me the fascinating thing is that the Governor comes into the race, he gets a lot of attention and on the first day out they are asking him about the Federal Reserve. This hasn’t been done, maybe ever.” Paul said.
“The fact that he didn’t come out and say ‘lay off the Fed, the Fed is my friend’, means there is a turning on this whole issue of monetary policy.” Paul added.
The Congressman left it to his supporters and CNBC viewers to read between the lines when it came to his opinion of Rick Perry.
Describing the Texas Governor as “politically astute”, Paul smiled and noted “He came out for secession too when he had a tea party candidate running against him. So no, he’s pretty good, but I have no idea what his monetary policy issues are, what his real principles are.”
As his supporters know, Ron Paul has railed against the Fed and its grip on US monetary policy for over thirty years. Paul exposes the unconstitutional actions of the Fed on an almost daily basis. Within the past few years Paul’s views have resonated with an increasingly awakening cross section of American voters.
It is telling that the majority of Paul’s opponents in the upcoming election have all attempted to mimic the Congressman’s connection with those voters. Anti-Fed sentiment has become a mainstream political viewpoint, and as the Congressman points out, monetary policy is, for the first time ever, front and centre in the Presidential debates.
Article written by Steve Watson
Aug 17, 2011