Tuesday, April 1, 2008

Ron Paul vs. The “Market Stability Regulator” « Freedom * Prosperity * Peace

The hot issue in American politics is the economy. It stems, of course, from the housing boom of the early 2000’s, that inevitably became today’s housing bust. People are angry. They want action. Many of them are calling for tighter regulations and increased oversight of lenders as well as the larger financial sector. Well, the Bush administration has devised a plan. According to this plan, the Federal Reserve would become the great overseer of the financial sector. In fact, the Fed would assume the role of “market stability regulator.”Ron Paul vs. The “Market Stability Regulator” « Freedom * Prosperity * Peace

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