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By Stephen Lendman, Host of Progressive Radio News Hour
In Washington, the more things change, the more they stay the same, or usually get worse. It's true each election cycle, and when Congress enacts "reform," watch out.
Exhibit A:
Obamacare: legislation that rations care and enriches corporate providers.
Exhibit B:
Financial reform, shaping up to be more business as usual, masquerading as change, and leaving what's needed unaddressed and papered over.
What Real Reform Looks Like - Abolish or Nationalize the Fed
For many years, Ron Paul waged a lonely struggle to abolish the Fed, trying and failing in the 106th, 107th, 108th, and 110th Congresses. Numerous times he explained what he said on the House floor on September 10, 2002, namely:
"Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary cycle. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people," a 1913 dollar (when the Fed was created) today worth about a nickel and continues to erode.