Deja-vu, Ron Paul Style … Is this an April Fools joke? The Federal Reserve gets more powers to be the “market stability regulator”? Polar Opposite to Ron Paul’s Proposal to Abolish the Fed
Ron Paul made the following statement in regards to the Department of Homeland Security (DHS), but it can probably be applied to the proposed overhaul that among other things INCREASES the power of the Federal Reserve to fix our economic problems for us.
Only in Washington would anyone call the creation of an additional layer of bureaucracy on top of already bloated bureaucracies “streamlining.” Only in Washington would anyone believe that a bigger, more centralized federal government means more efficiency. -Ron Paul
OK, this is an April Fool’s joke, right? Is anyone else having some Deja Vu here or expect anything to come out of this except more liberty stealing BIG GOVERNMENT? Let me get this straight, the Fed gets more powers to be the “market stability regulator”? This does not inspire a lot of confidence given the government’s past track record of improving our lives and bringing stability.