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Even the Wall Street Journal Says “Break up the Fed”
Posted By admin On July 29, 2009 @ 12:40 pm In Commentary | Comments Disabled
George Washington Blog 
Wednesday, July 29, 2009
In a sign of the growing movement to end the Fed, the bastion of the economic status quo – the Wall Street Journal – published  an OpEd today entitled “Let’s Break Up the Fed” and subtitled “The Federal Reserve has done a terrible job at financial regulation. Why give it more power?”.
Given that a new Gallup poll  shows that American’s trust in the Fed has plummeted, and that Ron Paul’s bill to audit the Fed has at least 276 co-sponsors  in the House, and 19 co-sponsors in the Senate, even Bernanke’s charm offensive  doesn’t seem to be working very well.
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URLs in this post:
 George Washington Blog: http://www.washingtonsblog.com/2009/07/even-wall-street-journal-says-break-up.html
 published: http://online.wsj.com/article/SB10001424052970203946904574300263148640896.html
 Gallup poll: http://hosted.ap.org/dynamic/stories/U/US_RATING_THE_FED?SITE=CADIU&SECTION=HOME&TEMPLATE=DEFAULT
 276 co-sponsors: http://www.ronpaul.com/2009-07-21/ron-pauls-bill-to-audit-the-federal-reserve-now-has-275-co-sponsors-in-the-house-and-17-co-sponsors-in-the-senate/
 Bernanke’s charm offensive: http://www.washingtonsblog.com/2009/06/federal-reserve-to-hire-ex-enron.html
 Image: http://www.efoodsdirect.com/ammo-food.html?aid=14&adid=5
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