That is what Dave Weigel over at Slate is saying,
Sometimes all you need is the headline. Ron Paul is slated to run this subcommittee, giving him some actual power and a megaphone on the issue dearest to his heart.
This is a must watch interview from Fox News today if you want to understand Ron Paul’s thinking on monetary policy. He confirms it is highly likely he will get the Chair. He also half jokes how he and his Senator-elect son will introduce a bill to “end the Fed” on the first day of the new Congress. Not that is will become law, but a sign of the fireworks sure to come. Imagine the grief and abuse Bernanke will take from the new Congress if crude tops $100? Go to 2 minutes….