Candidate #4,Congressman Ron Paul: Republican Presidential Hopefuls (Part 3)(A Night with Ron Paul Part B)

Pt 2/6 Ron Paul  4/15/11 CSPAN

Robert Wenzel, Editor & Publisher of the Economy Policy Journal wrote a fine article “On the road with Ron Paul,” May 2, 2011. I will be posting portions of that article the next few days. Here is the second part:

On Thursday, he landed in Reno, Nevada for the speech at the University of Nevada-Reno. He told me that he was excited to see a crowd of between 600 and 700 in attendance for his speech.

He told me the event was organized by the Young Americans for Liberty, and he seemed very excited about the work they are doing across the country. He also pointed out how well organized the Reno event was, which was coordinated by YAL Southwest Regional Director Adam Weinberg.

We then went on to discuss the economy. He told me that he again planned to propose a bill that would specifically call for the auditing of the Treasury holdings of gold at Fort Knox.

He also told me that he may propose a bill that calls for the prevention of the Federal Reserve from buying Treasury securities and other assets. This could be his best idea ever. It would, of course, halt the Federal Reserve’s ability to print money and, thus, halt the price inflation that is caused by Fed increases in the money supply. It would also prevent the Fed from shoveling money to Goldman Sachs, JPMorgan and the like.

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