Tuesday, May 12, 2009

Bi-Partisan Fed Destruction

So I've been peddling HR 1207, the resolution to audit the Fed (and you can push Pelosi to schedule debate on it here). But I was thinking about the nationalization of the banks and the stress tests, also. Now, I am no fan of the liberal agenda, but the way I see it right now, nationalization of the banks is just a different means to the same ends of returning the power of money creation to the people. I believe it is: if you're a Republican you can get behind Ron Paul, if you're a Democrat you can get behind Obama.

The next question becomes: Is money creation best left to the politicians in Washington? Should states be able to create money? Municipalities? The UN? Yourself? All of the above?

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