Rand: no more funny money

Published on 22 January 2010 by David Adams in General News

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Rand Paul appreciates and supports the strong leadership of Sen. Jim Bunning and Sen. Jim DeMint in blocking so far the renomination of Federal Reserve Chairman Ben Bernanke.

Both senators have solidly opposed the failed monetary policy and continued operation under a shroud of secrecy imposed by Bernanke. Others are starting to join them just as the case for real reform couldn’t be much stronger.

As a businessman and taxpayer activist, Rand has long been making this case.

“We can now say ‘for years we’ve been warning you that this housing bubble is coming,’” Rand said. “Unfortunately, now some people still want to make the Federal Reserve stronger. The Federal Reserve caused this boom-and-bust cycle and now people want to give them more power to regulate the economy.”

Rand supports free market capitalism rather than more Washington D.C. bureaucratic control.

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