Ron Paul, The Bad Bank Is The Federal Reserve

February 14th, 2009 10:45 pm  |  by Marc Gallagher  |  Published in Bailouts, Banking, Big Government, Constitution, Debt, Economics, FOX news, Federal Reserve, Free Market, Money, Ron Paul, Taxes, inflation, national debt  |  0

Ron Paul was interviewed on Fox Business Channel earlier today for two segments. He discussed the “plunderous” stimulus package that Congress passed and is now awaiting Obama’s signature. I bet he’d use his left hand to sign it even if he were right-handed just to make a point. We are all lefties now!

Paul has some more choice words here but my favorite has to be his response to the question regarding setting up a “bad bank”.

He said (paraphrased), “We already have a bad bank, it’s called the Federal Reserve.” So true.

The video is not high quaility but it doesn’t need to be when the words ring true. It is in two parts.

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Here is Part 2.

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