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Ron Paul: Federal Reserve is why Americans are protesting on Wall St.

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Joshua Altman
The Hill
October 6, 2011

Rep. Ron Paul (R-Texas) said Wednesday that when Americans find out what the Federal Reserve is up to it is “no wonder they are up on Wall Street raising Cain because they know the system is biased against the average person.”

Speaking at the National Press Club, the presidential hopeful said, “The Federal Reserve is bigger and spends more money than the Congress does” with approximately fifteen trillion dollars worth of transactions.

Herman Cain, another challenger for the Republican nomination, said that he believed the ongoing Occupy Wall Street protests were “orchestrated” to help President Obama, and denounced the protesters during an interview published by the Wall Street Journal.

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This article was posted: Thursday, October 6, 2011 at 2:58 am

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