Senator Rand Paul said Wednesday that he wants presidential candidate Mitt Romney to come out publicly in support of Ron Paul‘sAudit the Fed bill. His father’s bill recently passed by a voice vote in the House oversight committee, and will come up for a full vote in the House next month. Senator Paul said that if Governor Romney were to do that, he believes it would be one way to bring some of Ron Paul’s supporters into the Mitt Romney camp. It is significant that the vote on this bill, and presumably Mitt Romney’s support for it, would come before what is expected to be a contentious Republican national convention.
Reigning in the Federal Reserve is the signature issue for Dr. Paul’s campaign, and the one issue that separates Ron Paul supporters from much of the rest of the Republican Party. When voters gain an appreciation for the damage that is done to the free enterprise system by the often covert actions of the Federal Reserve, many of them become Ron Paul supporters and they never go back. If Governor Romney were to say he agreed with Dr. Paul on this issue, and he was willing to put his political reputation on the line – in a real sense validating Dr. Paul and his supporters, it might create some “softening” toward Governor Romney.
This would be especially significant because many of Paul’s ardent supporters believe Mitt Romney is too cozy with the investment banks and other crony capitalist enterprises that are the chief benefactors of enabling from the Federal Reserve. If Romney comes out in favor of Audit the Fed, he would be siding with the American people and the middle class against the socialist, crony capitalists. If Romney were to do this now it might also help inoculate him from the criticism being levied at him by the Obama campaign and their friends in the corporate media that he is himself a rich benefactor of the central banking system, and a financial insider who would cater to the elites in the corporate and banking sectors instead of helping middle income people.