Dr. Paul blames Federal Reserve for economy’s woes
January 22nd, 2008
KENNER, La. — 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.
The libertarian-minded Paul was the only candidate to visit Louisiana on the eve of the state’s Republican caucuses on Tuesday. The caucuses are an intermediary step in picking a favorite candidate. A presidential primary will take place on Feb. 9 and a state convention will convene on Feb. 16.
