"Fed Bashers"

By Matt Hawes

In “Fed Bashers: Washington’s odd couple,” Fortune’s Nina Easton takes a look at the unusual pairing of Congressman Paul and Senator Bernie Sanders, who, despite drastically different philosphical beliefs, are united in pushing Audit the Fed.

On the role government should play in society, the two men are miles apart: Sanders wants more regulation and tighter supervision; Paul wants bankruptcy to serve as the great regulator. Sanders can’t understand Paul’s faith in free markets; Paul doesn’t understand why leftists like Sanders have such trouble with business-created wealth.

But the two men have found common ground in the Fed’s handling of the financial crisis: The events of the past 18 months have reinforced their long-held views that the Federal Reserve, as Paul puts it, “serves the wealthy, not the middle class, not the unemployed.”…

Read the rest.

View the original article at Campaign for Liberty


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