Rick Perry challenged the Federal Reserve and the backlash was loud and sustained. But I wonder how many people even understand the Federal Reserve. The following article gives an excellent short history.
http://news.goldseek.com/GoldSeek/1095269452.php
The bottom line is that in 1913 near total control of our national banking policy was given over to people we don’t know, we don’t elect, and who can’t be removed from power. To make things worse, the fed refuses to disclose to congress what they do and why they do it. The purpose of the Federal Reserve was to stabilize our banking system. Apparently only the few, the proud, the cultured banking elite could be trusted with this great responsibility. But if that is the justification, how does one explain the near total banking collapse that led to the great depression? How does one explain the near meltdown of the international financial markets in 2008? If nothing else, we should consider firing the directors of the Federal Reserve for incompetence.
Rick Perry has taken on two issues that were avoided by everyone else. He is the first major politician to publicly state that he does not believe in global warming. Everyone else, including George Bush, danced around the issue. Rick Perry is right on. The so-called science behind the global warming alarmists will not hold up to scrutiny. It is not just wrong, it is embarrassingly wrong. He has now taken on the Federal Reserve. It is about time. At a minimum, there needs to be far more oversight of this non-public super-secret society that has such enormous power to regulate our lives. By calling out the reserves, Perry has shown himself to be exactly the kind of leadership we need. Let’s see if anyone else rises up to the challenge.
TDM
This is no different from any other operation the “Government” has taken over. Why are we surprised? Hopefully Obamacare will be the next immediate failure if it even gets off the ground God forbid!
Rick Perry was orginally a Democrat and he supported Al Gore in …..1988. A lot of people believed in global warming, until they did a little research and found out it was based on really bad science. He also supported Guiliani, although he disagreed with him on a lot of social issues. From all accounts Perry himself is a true blue conservative.
By the way, in 1988 Al Gore was considered a conservative and was voting for strong pro-life legislation and was writing pro-life letters to consitutents. He only switched over to pro-choice when that became a requirement if one wanted to gain favor in the Democratic Party. Gore was always pro environment, but he didn’t really go off the deep end until much later.
TDM