Pro-Liberty News and Opinion | Libertarian Voluntaryist

Ron Paul’s new book End the Fed has just been made available for pre-order at Amazon.com.

One reviewer says: “Everyone must read this book — Congressmen and college students, Democrats and Republicans — all Americans. The Federal Reserve, which serves private banks, has compromised our economy and is undermining our freedom. It can and must be stopped now. Ron Paul shows us how and why we must end the Fed. Read this book!”

From the description: “Most people think of the Fed as an indispensable institution without which the country’s economy could not properly function. But in END THE FED, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional.”

I also recomend Thomas Wodds’ Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse to read while you wait for End the Fed.

According to a recent Rasmussen telephone poll 75% of Americans are in favor of a Federal Reserve Audit. The results show that only 9% oppose the idea and 15% are not sure.

Texas Congressman Ron Paul introduced H.R. 1207, which would allow the Government Accounting Agency to audit the books of the Federal Reserve. The bill now has 282 co-sponsors in House including all Republicans and 101 Democrats. The Senate version of the bill has 20 co-sponsors.

According to Rasmussen Reports:

Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an independent agency to keep it free of politically-motivated interference.

Predictably, Fed Chairman Ben Bernake is opposed to the bill saying on PBS, “I don’t think the American people want Congress running monetary policy.”