Richard Spencer

September 23, 2009

Well, it kinda sounds like it. At the very least, the lady’s been reading Tom Woods’s Meltdown and/or Ron Paul’s End the Fed:

Former Alaska Gov. Sarah Palin fired a shot at the Federal Reserve in her coming-out speech in Hong Kong today, blaming the central bank for the current crisis and disagreeing with the idea that the Fed should have a greater role in preventing the next crisis. It was an echo of fellow Republican and Texas congressman Ron Paul, who has led the charge in Congress to perform an audit of the Federal Reserve with an eye to eventually eliminating it.

?How can we discuss reform without addressing the government policies at the root of the problems? The root of the collapse? And how can we think that setting up the Fed as the monitor of systemic risk in the financial sector will result in meaningful reform?? she said. ?The words ?fox? and ?henhouse? come to mind. The Fed?s decisions helped create the bubble. Look at the root cause of most asset bubbles, and you?ll see the Fed somewhere in the background.?

Ok, I’m officially supporting Sarah Palin again. I’ve resisted her charms for too long!