July 18, 2007 9:02 AM Subscribe
Presidential candidate Ron Paul (previously) introduced H.R.2755 on June 15, 2007, a bill "To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes." None of the major news sources have thus far reported it (CNN, BBC, Reuters, Fox, ABC, NBC, CBS, AP) which presumably means it's not newsworthy, perhaps because it doesn't have the slightest chance of passing. Nonetheless, it doesn't mean it's a bad idea. But then, that's the problem with many of his positions such as abolishing the IRS, personal income taxes, and ending the War On Drugs. When asked why he wants to be president, he said, "I want to restore the original intent of the constitution, which maximizes individual liberty and restrains the government from doing the things they shouldn't be doing." And as was said on The Colbert Report, he was one of the few who voted against the Patriot Act and the Iraq war. LOL!
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