Ron Paul on MSNBC talking about Obama’s New Regulatory Reforms (6/18/09)
Responding to the Obama administration’s new regulatory reform plan, which will officially hand the Federal Reserve complete dictatorial control over the U.S. economy, Congressman Ron Paul told MSNBC that the Fed was now more powerful than Congress.
“That’s like saying, you can take care of a drug addict by just giving him more drugs. And that’s what we do here in Washington. We spend more, we tax more, we print more, we regulate more, we don’t have any belief or confidence or understanding of how the federal reserve created the problem and how the free market ought to work.”
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Responding to the Obama administration’s new regulatory reform plan, which will officially hand the Federal Reserve...
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