New Book Releases for August 2011 - End the Fed is a book by Presidential Candidate Ron Paul of Texas. New Book Releases for August 2011 debuted at number six on the New York Times Best Seller list, #1 at Amazon.com and advocates the abolition of the United States Federal Reserve Bank. New Book Releases for August 2011
New Book Releases for August 2011 At first glance, abolishing the Federal Reserve and returning to the gold standard seems a quaintly eccentric idea, but Texas congressman Paul presents a plan to eliminate our country's central bank, and return to a private banking system, that's both serious and plausible. The questionable aspects involve Paul's predicted results: not only will ending the Fed eliminate inflation (the government cannot print more money than it has gold reserves), but also business booms and busts, wars, income inequality, trade imbalances and the growth of government. New Book Releases for August 2011 Further, and perhaps most important, it would "disempower the secretive cartel of powerful money managers who exercise disproportionate influence over the conduct of public policy." Paul tends to gloss over those periods in history, including the Panic of 1907, in which private banking and the gold standard were law: "the bad reputation of nineteenth century American banking... is largely the result of... propaganda agitating for the creation of the Fed." With respect to "secretive cartels, " Paul takes up the interesting question of whether J.P. Morgan is in fact preferable to Ben Bernanke. An engaging response to big-government solutions for the financial crisis, this knowledgeable and opinionated look at U.S. economics, from a firebrand public servant, should provoke much thought. New Book Releases for August 2011
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New Book Releases for August 2011 Ron Paul has never taken a government junket, does not participate in the lucrative Congressional Pension Program, returns a portion of his annual Congressional Office Budget every year, never voted to raise taxes, never voted for an unbalanced budget, never voted to raise Congressional Pay, never voted to increase Executive Branch Power, will Reinstate The Constitution and Save The Republic, END the unconstitutional FED, phase out the unconstitutional IRS, limit Big Government in your private affairs, voted against regulating the Internet, voted against the Iraq War and warned us against going forward with an undeclared war, voted against the un-patriotic so called Patriot Act, supports a non-interventionist foreign policy yet a strong military, end the inflation tax, He is a true Constitutional-Classical Liberal-Paleo-Conservative.
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