Not all of the news out of Washington, D.C., is bad. Despite the Republican flirtation with earmarks, the tax deal that increases the federal deficit and the speedy betrayal of the tea party by new South Dakota Sen. Kristi Noem (she’s already endorsed ethanol subsidies), the indefatigable Ron Paul, sound money champion and author of “End the Fed,” has been named chairman of the House subcommittee for monetary policy.
Note to Paul: I am your biggest fan at WorldNetDaily, but put up or shut up time has now officially arrived. There is no time for meandering lectures on the theoretical advantages of a gold standard or esoteric soliloquies regarding the correct definition of money. The American people just want the facts about their money and where it has gone. They need the facts. And then they need action.