In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve.
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. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.
"Rarely has a single book not only challenged, but decisively changed my mind."
- Arlo Guthrie
"Everyone must read this book -- Congressmen and college students, Democrats and Republicans - all Americans."
- Vince Vaughn
Ronald Ernest "Ron" Paul (born August 20, 1935) is an American medical doctor and Republican U.S. Congressman for the 14th congressional district of Texas, which encompasses the area south and southwest of the Greater Houston region, including Galveston. Paul serves on the House Foreign Affairs Committee, the Joint Economic Committee, the Committee on Financial Services and is Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy where he has been an outspoken critic of current American foreign policy and monetary policy.
A native of Pittsburgh, Pennsylvania, Paul is a graduate of Gettysburg College and the Duke University School of Medicine, where he earned his medical degree. Paul served as a flight surgeon in the United States Air Force from 1963 until 1968, during the Vietnam War. He worked as an obstetrician and gynecologist in the 1960s and 1970s, delivering more than 4,000 babies, before entering politics in 1976.
Paul is the founder of the advocacy group Campaign for Liberty and his ideas have been expressed in numerous published articles and books, including Liberty Defined: 50 Essential Issues That Affect Our Freedom (2011), End The Fed (2009), The Revolution: A Manifesto (2008), Pillars of Prosperity (2008), A Foreign Policy of Freedom: Peace, Commerce, and Honest Friendship (2007), and The Case for Gold (1982). According to a 1998 study published in the American Journal of Political Science, Paul had the most conservative voting record of any member of Congress since 1937. His son Rand Paul was elected to the United States Senate for Kentucky in 2011, making the elder Paul the first Representative in history to serve alongside a son or daughter in the Senate. Paul has been called the "intellectual godfather" of the Tea Party movement. He has gained prominence for his libertarian positions on many political issues, often clashing with both Republican and Democratic Party leaders. Paul has run for President of the United States twice before, first in 1988 as the nominee of the Libertarian Party and again in 2008 as a candidate for the Republican nomination. On May 13, 2011, he formally announced he would run again in 2012 for the Republican presidential nomination. A 2010 scientific poll conducted by Rasmussen Reports among likely voters found Ron Paul and Barack Obama to be statistically tied in a hypothetical 2012 presidential election contest.
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