Congress wants to establish a Consumer Financial Protection Agency (CFPA) that will regulate everything from credit cards to mortgages.
House Democrats want the CFPA to be an independent agency, but Republicans are opposed. As a result, Senators Chris Dodd and Bob Corker are thinking of making it an arm of . . . the Federal Reserve!
Both…
Are US Taxpayers Bailing Out Greece?(0)
In his latest column, Representative Ron Paul, sponsor of the Audit the Fed bill, asked the question, “Are US Taxpayers Bailing Out Greece?” We’ve edited that column as today’s Downsizer-Dispatch. You can read the full, original statement at his website.
Here are the highlights …
The Greek government is the latest to come close to default on…
Floor Statement on Assassinations of Americans(0)
Congressman Paul speaks on the floor about assassinations of Americans by their own government.
Government Stimulus, One Year Later(0)
Last week marked the one year anniversary of the American Reinvestment and Recovery Act, or the stimulus bill, passing into law. While the debate over its success has been focused on whether or not it is stimulating the economy and on various questionable uses of funds, in my estimation this legislation is accomplishing exactly what…
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