Ron Paul Strikes Gold

This is good news! I am hoping it passes and becomes law.

meh, ron paul has a few good ideas and one of them *(that i agree with actually) is finally being implemented.

skip skip skip to my loo (i don't really know what else there is to say)

IIRC this article is fairly old. Saw it on slate a while back. haven't heard a word since then. I wonder if it already died.

I wouldn't say really powerful. Folks still think he's nuts. The republicans were the ones that most disliked this bill. The only reason they like it now is that while they know it's dumb, they might have a chance to wipe some of their stink o the Obama administration. If they find some ugly crap it can't be Bush's fault even though he caused it because he never did the audit. If they further screw the economy with bad news so much the better.

Ron Paul is the most conservative politician out there. If he works on his public speaking, facial expressions, and body language, he might have a shot in 2012.

@wiltonelder on twitter says "74 democrats join ron paul to push to audit the fed, bring accountability for obama admin. with hr 1207"

This actually seems a bit dangerous without having a solution in place should the Fed not pass an inspection. It could mean further panic and loss of faith in the economy, which is all it really thrives on. The illusory aspect of our economy should be addressed, but they really ought to tread carefully in doing so.

I agree with some of the posters here. Why would we want to audit the Fed and discover something shocking that could potentially shake faith our economy any further?

It's the same reason why, when my car is making funny sounds and overheating, that I ignore it. If I brought it to a mechanic, they might discover a problem. Then I wouldn't view my vehicle as perfect any longer. No thank you! I prefer to drive it until smoke starts comes out from under the hood and the engine seizes.

Hope this goes all the way. And once the Reserve is exposed with all it's secrets let's not stop there.
Throw 50-75% of the politicians in Washington out with the dishwater. Haste le vista, baby!
That would decrease the deficit immensely. Oh, throw their relatives that got jobs through nepatism out and the apartments with the 'on call sweethearts', too.
We could empty out whole buildings in Washington. Think of the money we'd save on AC and other utilities not to mention: office equiptment and supplies, salaries for 'administrative assistants'; well you get the picture!

A room full of monkeys banging on typewriters would eventually produce Shakespeare. Ron Paul is a dangerous lunatic, and certainly not a "powerful" enemy of the President. There's a line of people behind him tripping over their own feet, their heads are so far up his ass.

Really? You are all afraid of finding out that the Fed is doing something it shouldn't?

Isn't that kind of the point of this bill?

We need to find out what they are really doing behind those closed doors.
If we find something misplaced then they should be punished for it as they should have been along time ago.

All in all, I want the Federal Reserve completely and utterly abolished.
The economy is in shambles and everyones faith is shaken as it is.

An economy run solely upon faith from the people is no economy at all.

I agree with TheEmpireGuy mostly. However the playing feild currently established with market baskets and the cpi is pretty good because it equates different currencies fairly. The only "problem" is that people trust us to much. People put their egg's in the safest basket and the last time s*&^ really hit the fan, and the time before that, we were left in the best shape. The value of any currency is based upon trust and trust is determined by a belief in justice. I would like to leave this post as un-biased as possible so i have one point to make. Is it "just" to take half of one mans money and non of anothers? Or is it "JUST" to (if your going to take money at all) to that the same % from everyone?