From Bloomberg News: It is one of the great moments in history, when the most vocal critic of the Federal Reserve Bank, Texas Congressman Ron Paul, has been put in charge of the Congressional committee that oversees the Fed.
Dr. Paul (an M.D.) has written a book entitled, End the Fed and is riding the crest of a growing wave of public sentiment that feels the Fed should be abolished or drastically curtailed. The fireworks in the 112th Congress will likely precede the 4th of July this year. Full article.