Wednesday, May 12, 2010

Ron Paul On The Failure Of The Senate To Pass Audit Amendment

Only 37 Senators were willing to vote Yes to the Vitter amendment to audit the Federal Reserve. (see how your Senator voted)

We cannot continue to let the Fed operate in such secrecy.

and as for the soaring price of gold (and silver)...
Holding gold is protection or insurance against government's proclivity to debase its currency. The purchasing power of gold goes up not because it's a so-called good investment; it goes up in value only because the paper currency goes down in value. In our current situation, that means the dollar.