Editor's Note - A brilliant blast from the past that we guarantee none of you saw the first time around. Except that is for Dr. Galbraith himself, who posted this Daily Bail story on the website for the Univ. of Texas LBJ School, where he serves as Chairman.
Video - Dr. Galbraith and Dr. Paul Discuss the Constitutionality of the Federal Reserve - July 26, 2009
Extraordinary discussion from today's hearings. Skip immediately to the 3 minute mark. We've always known Galbraith to be a calm, calculated truth-teller, and he doesn't disappoint here, even looking slightly possessed in this clip. His answer doesn't come until at least the 4:15 mark. He practically tells Paul that it's in their interest and within the original charter, for Congress to change the funding agreement for the Fed. Watch his expressionless body as he emasculates the Fed with serene precision and then utters the most beautiful phrase of all:
- "And it seems to me that it would be the appropriate decision for Congress to make."
And then he repeats himself because that's what professional Fed killers do.
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More from Galbraith at the same hearing....
Video: Opening statement from Dr. Galbraith -- July 9, 2009
Outstanding remarks...couldn't agree more.
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