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View Full Version : WSJ: Ron Paul says ‘I Don’t Think We Need Regulators’




Matt Collins
12-18-2010, 12:02 AM
Rep. Ron Paul (R., Texas), who is taking over a key House panel with oversight over the Federal Reserve, criticizes regulators in a new interview.


Appearing on C-SPAN’s Newsmakers (interviewed for a second time by the Journal’s Sudeep Reddy (http://blogs.wsj.com/economics/2010/12/16/qa-ron-paul-on-his-new-perch-to-fight-the-fed/)), Paul responded to recent comments (http://blogs.wsj.com/washwire/2010/12/15/a-spat-breaks-out-on-house-financial-services-committee/) by incoming House Financial Services Committee Chairman Spencer Bachus (R. Ala.,) on bank regulation. “I don’t think we need regulators. We need law and order. We need people to fulfill their contracts,” Paul said.


The congressman said that the market should play the main role in regulation. “The market is a great regulator, and we’ve lost understanding and confidence that the market is probably a much stricter regulator,” he said.


SOURCE:
http://blogs.wsj.com/economics/2010/12/17/ron-paul-i-dont-think-we-need-regulators/

guitarlifter
12-18-2010, 12:40 AM
Sock it to'em, Dr. Paul! If products and services aren't up to par with the free market, you can be damn sure that any company will have to make changes to meet those market-regulated standards lest they won't be successful.

Sola_Fide
12-18-2010, 12:44 AM
This man is my hero.

Chester Copperpot
12-18-2010, 01:38 AM
This man is my hero.

Aquabuddha is wise and strong.. all hail aquabuddha

Matt Collins
12-18-2010, 02:29 AM
Aquabuddha is wise and strong.. all hail aquabuddha




http://www.youtube.com/watch?v=hRoqapNhDos

Captain America
12-18-2010, 03:02 AM
http://www.youtube.com/watch?v=hRoqapNhDos

Thank You

RichieLibertarian
12-18-2010, 12:00 PM
lol sounds like a horrible arnold impersonation...threw me off when he turned into hulkamania