PELLA, IOWA -- Representative Ron Paul of Texas was back in a familiar place Monday, campaigning for president before a lunchtime crowd of likely caucus-goers at Pella Christian High School. He has not formally declared his candidacy, but there can be little doubt about his intentions. And who can blame him?If the Republican presidential nomination was awarded based on prescience, Paul would be the clear frontrunner. Long before the financial crisis of 2008, he had been warning about a housing bubble, about the enormous potential cost of taxpayers backstopping Fannie Mae and Freddie Mac, and about the dangers that cheap credit was posing to the economy. Back when people were lionizing Alan Greenspan as the maestro, Paul was the chief critic of the Federal Reserve.
via theatlantic.com
No comments:
Post a Comment