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Ron Paul: Fed is finally ‘on the defensive’

By Jonathan Easley - 11/03/11 08:30 AM ET

GOP presidential candidate Rep. Ron Paul (R-Texas) believes his criticisms of the Federal Reserve are finally resonating with voters.

Speaking on MSNBC’s “Morning Joe” on Thursday, Paul argued that the American people might finally be ready to pay attention to the message he's been pushing for years.

“Time has changed — and if it is true that [voters] are coming my way, I tell you what, we have a solid base,” Paul said. “The country has changed, dramatically different compared to four years ago. Think about the success we’ve had with the Federal Reserve. Bernanke has to go out in front of press conferences — they’re on the defensive now.”

“The movement is in our direction — you talk about the failure of the Fed,” he continued. “This is significant. They don’t have any cards left to play, this whole economy has no cards left to play.”

Paul also said that the media and political establishment are dismissing his campaign because they’re afraid of his attacks on the status quo.

He cited the media coverage surrounding rival Herman Cain’s Florida straw poll win versus media coverage for one of his straw poll wins.

“The week where [Cain] really soared and was on the news constantly, he won a straw vote in Florida and it was on the news constantly,” Paul said. “That same week I won the straw vote in California — zero coverage.”

“I’m attacking the status quo like never before,” he said. “I mean the whole entitlement system, and I think there’s a whole lot of support out there for what I’m talking about and they realize that and they’re not going to give me a boost because I’m challenging the whole banking system, the military industrial complex, the welfare state, our foreign policy. I want to go back to following strictly the Constitution.”


Source:
http://thehill.com/video/campaign/191549-ron-paul-fed-is-finally-on-the-defensive

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