Kucinich bill seeks to end the Federal Reserve | The Raw Story

A bill put forward by Congressman Dennis Kucinich (D-OH) would do what libertarians and conservatives have long wished for: effectively end the Federal Reserve.

The National Emergency Employment Defense (NEED) Act of 2011 would place the Federal Reserve, a private, qusai-governmental institution that controls the nation’s monetary policy, under control of the U.S. Treasury. It would also implement new rules for the financial industry, in hopes of ending the worst abuses that created the 2008 financial collapse and the ensuing recession.

Listening to Kucinich speak about the Fed, one gets the sense that he’s moved even closer to the position typically championed by his polar opposite in the House, arch-conservative Congressman Ron Paul (R-TX), currently a candidate for the Republican nomination to the presidency.

Click link for full article…..

via Kucinich bill seeks to end the Federal Reserve | The Raw Story.

Advertisements
This entry was posted in Federal Reserve, Government, Politics and tagged , , , , , , , . Bookmark the permalink.

One Response to Kucinich bill seeks to end the Federal Reserve | The Raw Story

  1. Pingback: Kucinich Amendment to Stop Election Corruption | 2012: What's the 'real' truth?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s