With regards to the author’s question as to whether or not Ron Paul will denounce this, he will obviously be completely against it. He doesn’t support the existence of the Federal Reserve. He is certainly not going to agree to increase its powers or any kind of bureaucracy.

With regards to being a lone opponent, we can only hope that is not the case. But I fear how this will play out in Congress. Sounds like a march on Washington to me!!!!

With regards to whether or not this will make the Fed a government agency, of course it won’t. Most of the population assume that because it has the name Federal in it and that it has the ability to raise or lower interest rates and control other vital aspects of our economy, that it is part of the government. They do not want to be part of the government, as that destroys their entire position. It puts them under public scrutiny. It brings them actually into the U.S., subject to U.S. laws and accountability and… of course… regulation. Why would they want to do this, when they can exist outside of the U.S., controlling and regulating the U.S., but have no regulations on them?

We have to do everything we can to illuminate these realities and motivate the general public to see that justice needs to be done.

After the Fed causes the .com and housing bubbles, the Bush administration wants to give them more powers. Guess who’s pulling Bush’s strings.

The government has no oversight on the Fed. The Fed’s existence is a violation of the Constitution. The way the Fed was created was a violation of the Constitution. No one in the Federal government has the legal Constitutional right to regulate anything, let alone award regulatory powers to a private entity.