President Trump has begun a major tour of Asia, where he is expected to meet with the leaders of China, South Korea, and Russia. At a time when the US military has announced that the only way to rid North Korea of its nuclear program is a full ground invasion, what will Trump tell his counterparts?
President Trump is great at stirring up controversies, and throwing red meat to the media. He's great at keeping the left in a permanent state of hyperventilation. He's great at rallying his supporters. But when it comes to actual policies, the status quo has been maintained across the board. The warfare is safe. The welfare is safe. Even the Federal Reserve is safe under Trump.
By Robert Wenzel
So much for President Donald Trump ending the Fed or even auditing it.
The President has just nominated Jerome "Jay" Powell to head the Federal Reserve following the expiration of Janet Yellen's term on February 3, 2016.
Powell has operated his entire career inside the top levels of the establishment.
In 1979, Powell moved to New York City and became a clerk to Judge Ellsworth Van Graafeiland of the United States Court of Appeals for the Second Circuit. From 1981 to 1983, he was a lawyer with Davis Polk & Wardwell, and from 1983 to 1984, he worked at the firm of Werbel & McMillen.
Most noteworthy for those who have supported Ron Paul's Audit the Fed bill, on February 9, 2015, at the Catholic University of America, Columbus School of Law in Washington, D.C., Powell devoted an entire speech to attacking the bill.
I am concerned about several troubling proposals that would subject monetary policy to undue political pressure and place new limits on the Fed's ability to respond to future crises. My remarks will address three such proposals. The first goes by the somewhat misleading name of "Audit the Fed," and would subject the Federal Reserve's conduct of monetary policy to unlimited congressional policy audits
With this Trump nomination, the establishment remains fully in control and it is clear the Fed will continue to do whatever it can to keep Ron Paul's thoughts and ideas on monetary policy outside the halls of Congress
Reprinted with the author's permission from EconomicPolicyJournal.com
You ask...Ron Paul answers. Thanks for participating in another great edition of #AskRonPaul
Yesterday's tragic attack in New York where eight innocent people were killed serves as a reminder that even with the surveillance state in place we are not any safer. How much does our interventionist foreign policy, which results in many more innocents killed overseas, contribute to hatred of America and a desire to harm Americans? Is there a connection?
By Liberty Report Staff
Thomas Jefferson once said: “I hope our wisdom will grow with our power, and teach us, that the less we use our power, the greater will it be.”
Boy, it didn't turn out that way at all.
In testimony, Secretary of State Rex Tillerson revealed that the U.S. is not leaving Iraq, even if the Iraqis specifically request the U.S. to withdraw and remove permission for the U.S. to be there.
Jason Ditz at Antiwar.com reports:
Testifying to the Senate Foreign Relations Committee, Secretary of State Rex Tillerson revealed that the US presence in Iraq is so permanent at this point that even if Iraq specifically requests the US withdraw and removes permission for them to be there, the US will remain.