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View Full Version : Tom DeLay screwed over Ron Paul (twice) to protect the Fed




Chieftain1776
09-24-2009, 08:53 AM
http://blogs.cqpolitics.com/notepad/2009/09/did-delay-dance-on-ron-pauls-h.html


Long before he danced with the stars, then-House Majority Leader Tom DeLay two-stepped all over fellow Texas Rep. Ron Paul’s hopes of overseeing the Federal Reserve, according to an account provided by House Financial Services Committee Chairman Barney Frank .

In a broader interview with my colleagues Phil Mattingly and Benton Ives, Frank offered this assessment of how DeLay and other GOP leaders tiptoed around giving Paul — who wants to abolish the Fed — the gavel of the subcommittee with jurisdiction over it:

“In 2003, Ron Paul was in line to be chairman of the Domestic Monetary Policy Subcommittee of this committee. Specifically and solely to frustrate Ron from being the chairman, they merged the Subcommittee on Domestic Monetary Policy with the Subcommittee on International Monetary Policy. Ron Paul then complained to Tom DeLay, and Tom DeLay told [then-Chairman Mike] Oxley [R-Ohio] ‘Don’t change it’ … [T]wo years later, even though they merged the two subcommittees in the progression, Ron was then again ready to be chairman, this time of the combined one. [Then-Rep. Deborah] Pryce [R-Ohio] was dragooned to come back and assert a subcommittee chairmanship … Ron at that point said to me, ‘I guess I have to wait for you to be chairman for me to have any authority around here.’ The Republican Party was a staunch defender of the Fed against Ron Paul.”

Paul and Frank share an interest in auditing the Fed, though neither Frank nor any other member of the House has signed onto Paul’s bill to repeal the Federal Reserve Act.

The general outlines of Frank’s account — though not DeLay’s hand — were confirmed by Republican sources. Paul said he didn’t recall DeLay’s involvement, but he acknowledged Republican leaders didn’t want him to have the subcommittee chairmanship.

“They just got rid of one” subcommittee, Paul said of the first time he was passed over. “They wouldn’t have enjoyed me being chairman.”

But Paul has a defender in the current top Republican on the Financial Services Committee, Rep. Spencer Bachus of Alabama, who appointed him to the leading spot on the subcommittee with Republicans in the minority.

“There are people who said ‘Is this the best thing to do?’ I felt like it was,” Bachus said. “I’m glad I appointed him. I have no regret.”

Update: Here's the video (@3:10) of Barney Frank describing how GOP leaders abolished oversight subcommittees rather than allow Ron Paul to chair them.

YouTube - Barney Frank discusses H.R. 1207: The Federal Reserve Transparency Act of 2009 (http://www.youtube.com/watch?v=pTsB_jkaIvg)

haaaylee
09-24-2009, 12:25 PM
So he has that spot on the subcommittee now?

Chieftain1776
09-24-2009, 12:39 PM
So he has that spot on the subcommittee now?

Yeah it looks like it and he'll chair it should a GOP congress take over.

lx43
09-24-2009, 12:48 PM
I hope Delay breaks a leg in that show dancing with the stars.

Chieftain1776
09-24-2009, 12:53 PM
I hope Delay breaks a leg in that show dancing with the stars.

I hope he sees the inside of a slammer...scumbag

HOLLYWOOD
09-24-2009, 12:59 PM
Anybody have the that video of the meeting in which Bwaney Fwank explains this story to the audience about this very situation?

Tom Delay is pure scum and should be dancing in a Orange jumpsuit.

Chieftain1776
09-24-2009, 01:10 PM
Anybody have the that video of the meeting in which Bwaney Fwank explains this story to the audience about this very situation?

Tom Delay is pure scum and should be dancing in a Orange jumpsuit.

Added in OP.

Bradley in DC
09-24-2009, 01:13 PM
I can't comment on the details (well, I could, but I don't actually know anything), but the general story is true (not sure about DeLay's role). More broadly, I think DeLay was/is fond of Dr. Paul, and I worked closely with his staffers the entire time.

That said, DeLay had a role/responsibility to raise money for GOP candidates, and I'm sure that would have outweighed everything else (we saw that time and again). It wouldn't be hard to imagine that those who give generously to politicians wouldn't have wanted Dr. Paul chairing the monetary policy subcmte.

Liberty Rebellion
09-24-2009, 01:14 PM
I hope Delay breaks a leg in that show dancing with the stars.

He looked like quite the ass-clown on that show w/o even breaking a leg:

http://www.thedailyshow.com/watch/tue-september-22-2009/moral-kombat

Bradley in DC
09-24-2009, 01:17 PM
So he has that spot on the subcommittee now?

World of difference between chairman and ranking member.