"Those lawmakers who advocate 'Ending the Fed' might better turn their considerable talents toward ending the fiscal debacle that has for too long run amuck within their own house. The Fed does not create government debt; fiscal authorities do. Deficits and the unfunded liabilities of Medicare and Social Security are not created by the Federal Reserve; they are the legacy of those who control the purse strings―the Congress, working with the president."
Dick Fisher vs. Ron Paul - Street Sweep: Fortune's Wall Street Blog
Friday, January 14, 2011
Dick Fisher vs. Ron Paul
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