Ron Paul blames Federal Reserve for weakening economy

Ron Paul blames Federal Reserve for weakening economy

"Ron Paul, a long-shot Republican presidential contender and Texas congressman, said Monday that the Federal Reserve is to blame for the country's weakening economy. Paul highlighted his economic remedies — abolishing the federal income tax and returning to the gold standard, among them — on a three-city tour of Louisiana. (...)

Paul, on his Web site Monday, said the economic policies of his opponents are based on ill-advised "print-and-spend" theories. He added that he would cure the economic crisis by ending the "hyper-expensive, hyper-dangerous empire all around the globe." (...)

He would also like to abolish the Education Department, Energy Department and Internal Revenue Service. He is against abortion and gun control. (...)"