Rand Paul forces prepping for battle against Obama’s new Fed chair (VIDEO)

by Austin Petersen

 The Next Phase In The War On The Fed

WASHINGTON, D.C. – Senator Rand Paul (R-KY) is preparing to do battle with President Barack Obama over the next Federal Reserve chair appointee Janet Yellen.

The Paul campaign released a video in conjunction with the Campaign for Liberty stating that they would oppose the nomination of Yellen for chair of the Fed.

Senator Paul wrote a column in Time Magazine about why he fully intends to “grill” Yellen. Paul is a firm advocate for an audit of the U.S. money supply along with further transparency of the Federal Reserve’s business practices. Paul believes the Fed is fundamentally flawed, with their recent waves of quantitative easing having a “questionable” impact on our economy.

From Time:

“I would like to hope that Yellen might be able to bring some sobriety to the Fed, but her performance to date mostly suggests that we will see more of the same policies. I look forward to an in-depth discussion in debating her nomination, but my ultimate decision will rest on her potential effectiveness in reforming that historically irresponsible institution.

More of the same simply will not do. It cannot do. I encourage every member of Congress to join me in supporting a thorough audit of the Federal Reserve. It is time for more transparency in virtually every part of our government—and the Fed is the most logical place to start.”

Vice President of Policy for the non-profit Paul-affiliated Campaign for Liberty Norm Singleton wrote, “The Senate fight over Barack Obama‘s Fed chair nominee is just around the corner. And Senator Rand Paul has vowed to block the nomination until Harry Reid (D-NV) brings ‘Audit the Fed’ to the floor for a vote. This will be the fight of our lives — but this is our moment!”

Campaign For Liberty is the political organization that grew out of the two recent presidential campaigns of Texas Congressman Ron Paul.

Austin Petersen is a homegrown Missourian with a lifelong passion for liberty. He grew up on a horse farm in Peculiar, Missouri and went on to attend Missouri State University, graduating with a degree in the Fine Arts. After developing a career in media in both New York City and Washington, D.C., he returned to Kansas City, MO, the city he now calls home. In 2016, Petersen appeared on the national stage as a candidate for president of the United States. He took second place in the crowded Libertarian primary behind Governor Gary Johnson and ahead of cyber security maverick John McAfee. During his campaign, Petersen earned many high-profile conservative endorsements, including Mary Matalin, Erick Erickson and Leon Wolf of RedState.com. Petersen also brings decades of professional experience in a wide variety of fields, from content production and media to business and political activism. He is the owner and chief executive of Stonegait LLC, a consulting firm specializing in photo and video services. He was also the director of production at FreedomWorks and an associate producer for Judge Andrew Napolitano’s show “Freedom Watch” on the Fox Business Network. Additionally, Petersen has a national following as a commentator and professional pundit. He is the founder of The Libertarian Republic, a powerful online news source for the public that receives an average of 1 million unique visits monthly and whose podcast, The Freedom Report, receives an average of one million monthly downloads. He is also a frequent contributor on television, appearing on Fox News, Fox Business, CNN, MSNBC and on dozens of local radio shows.

3 comments

hyraxx October 25, 2013 at 3:54 am

Auditing the Fed is a waste of taxpayer dollars.

Inconsistencies October 25, 2013 at 3:54 pm

So they should just be allowed to keep working in secret from the people and even the government?

hyraxx October 26, 2013 at 7:55 pm

I’m not talking about that part, actually going through the vaults and counting the gold.

Leave a Comment