Ron Paul to Lead Panel Overseeing Central Bank

Go Ron Paul!
At least we know he'll ask tough questions.

Yes! Like, "How come the Treasury is issuing $1 bills, and not $1 coins?"

maybe he'll finally get rid of the penny.

A majority of Americans are dissatisfied with the nation’s independent central bank, saying the U.S. Federal Reserve should either be brought under tighter political control or abolished outright, a poll shows.

The Bloomberg National Poll underlines the extent to which the central bank’s standing has suffered as it has come under fire in Congress, first from Democrats for regulatory lapses before the financial crisis and then from Republicans for failing to revive an economy in which the jobless rate hovers near 10 percent. Voters from both parties have criticized the Fed’s $3.3 trillion in aid to the financial system.

http://www.bloomberg.com/news/2010-12-09/more-than-half-of-americans-want-fed-reined-in-or-abolished.html

http://3.bp.blogspot.com/_nSTO-vZpSgc/TOi3Io4OIVI/AAAAAAAAJy4/2493F1ZqnWs/s1600/sunday%2Bfunnies%2B2010-11-14Dual%2BMandate.png

gimme a tube.

The $1 coins must be made of real 100% gold, or they're worthless.

Well the dollar gold coin would weigh about .02 grams, which perhaps would be as easy to use at the store as the flakes in a peppermint schnapps bottle. Go paul.

The Ron Paul article confirms that the end of empire is near. Caligula in 2012.

Ron Paul overseeing the Fed and Sarah Palin as a Presidential candidate. The democrats are really going to have to struggle to keep up with the insanity now. Although I'm still counting on Maxine Waters coming through.

Maxine is a good candidate, though there's got to be some more to the Charlie Rangel angle.

But really. Sarah Palin. Ron Paul. The Witch Woman from Delaware. Bachman from - wherever she's from.

These people are nuts. I just heard a Republican senator-elect on CNBC trying to explain how resuming the Bush tax cuts doesn't increase the deficit, but lengthening unemployment benefits does, so that has to be offset by spending elsewhere.

It's truly crazy. Nowhere in the world where the central bank is under political control has it worked - politicians pump up the money supply right before elections, then everything crashes, then they start the whole cycle over again.

Ask Great Britain.

Barney Frank is nuts. Alan Grayson is insane. Joe Biden is on edge. Liberals have their same share of questionable characters.

Liberals might have a few eccentric characters, but not any of the ones you mentioned, and not nearly in the number that conservatives have ... the GOP of today is really like the doctors abandoned the loony bin and the patients have set up their own administration and caretakers.

And the GOP peons, like you, have allowed it to happen. You (collectively) need to find your inner Barry Goldwater.

Or Nixon. He was evil, but not stupid. He also (a) dallied with communists; (b) imposed wage & price controls; and (c) left Vietnam (albeit after bombing it, Cambodia and Laos senseless). If Obama did those things today, he'd be impeached. The rightward shift in the American political discourse -- which was already to the right of the most of the world -- over the last two decades is just stunning and evidenced by people who routinely call Obama a Marxist or socialist (or worse).

Barney Frank is not nuts - he is, in fact, brilliant. Alan Grayson ... entertaining. Joe Biden: competent, if chatty.

But nobody beats Sarah Palin and the Witch Woman from Delaware.

MidtownerEast, agreed, but I'd call it 30 years of shift from a balanced center to a right-wing "center", and I wouldn't even say Nixon was evil so much as an angry little man who wasn't very good at managing around him: the CIA, the media, the changing culture of the US and the world. Ultimately, though, yes (for better and mostly worse) he opened trade with China and I believe signed quite a lot of other centrist legislation.