A Clearer Perspective

The Fed worked overnight this weekend to exactly what it’s not supposed to do: get its hands dirty to bail out the private sector.The New York Times reported yesterday that in hopes of avoiding a “systemic meltdown in financial markets” the Fed had swooped in to offer a $30 billion credit line to “engineer the takeover” of firm Bear Stearns and at the same time announced an open-ended (so no limits on the amount) lending program for Wall Street’s biggest investment firms.

You see his name strung out on banners on freeway overpasses, riding along on bumper stickers and popping out on signs around campus.He is Ron Paul … the grassroots, pro-constitution, anti-war, fiscally conservative candidate so loved by his supporters and yet so ignored by the mainstream.

Ron Paul is what’s happening out on the margins while the mainstream candidates are standing on their soapboxes offering the same rhetoric that every kind of political candidate has every said. The campaign he’s running is a subtle, yet enlightened call for revolution.