Saturday, Nov 15th
Last update09:32:45 AM GMT
Congressional Glance
U.S. Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.
"I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control."
It started with a fingerprint of a 25-year-old college professor who opposed the Vietnam War and ended with a search for his remains, 32 years later, in a wooded area near Eveleth, Minn.
The FBI's files on Paul and Sheila Wellstone, many of which are being made public for the first time, shed new light on the extent of the relationship between the FBI and the political activist who would go on to become a U.S. senator from Minnesota.
For the third time in less than two years, a bipartisan group of senators has raised alarms bells over problems with reconstruction efforts in Afghanistan.
Specifically, the four senators — Democrat Claire McCaskill of Missouri and Republicans Susan Collins of Maine, Tom Coburn of Oklahoma and Charles Grassley of Iowa — are upset about oversight of the reconstruction effort in Afghanistan and wonder why President Barack Obama has been slow to do something about it.
Rep. Anthony Weiner clashed with a senior official from Goldline International Inc. in a politically charged hearing Thursday in which the New York Democrat charged that the Santa Monica, Calif.-based precious metal dealer ‘grossly overcharges’ for their gold coins.
Weiner, who has conducted an investigation into Goldline and gold-sellers, formally unveiled legislation he has drafted that would regulate gold-selling companies including Goldline to disclose to consumers the reasonable resale value of precious metals -- particularly gold coins -- they are selling. He argues that Goldline’s average markup was 90% above the melt value of their coins, with the largest markup on any coin being 208% above the melt value.
“Thank you, thank you!” Luz Maria Villanueva’s voice was choked with emotion at a rally on her front lawn organized by Congressman Bob Filner (D-San Diego). Nearly 100 people turned out at 5:30 a.m. for a candlelight vigil to protest Union Bank’s announced plan to have the Sheriff’s department take Villanueva’s Bonita home. She has pleaded for a reprieve at least until her young son, who has cancer, completes chemotherapy treatments.
Ron Paul has some surprising news for the Tea Party:
You’re being taken for a ride.
At least this is what many libertarians like Ron Paul believe when they see someone like Glenn Beck or Sarah Palin trying to lead the Tea Party at the “restoring honor” rally this weekend. In fact, Ron Paul believes, if you’re looking for real freedom, you should really go back to the core of the constitution and the bill of rights, which Beck and Palin do not fully endorse when you really look at their beliefs. Whether it be Palin’s support for starting more wars or Beck’s beliefs on paying the private Federal Reserve MORE interest on our money by means of a VAT tax.
Ron Paul believes in neither of the above.
Here was Ron Paul’s message to the Tea Party via The New York Times just the other day:
President Barack Obama has stubbornly taken a "look forward, not backwards" philosophy to possible criminal acts during the Bush administration. But Republicans are sending signals that they will not take such an approach if they are able to win back the U.S. House of Reprsentatives in the November elections.
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