20 December, 2010

I’m Starting to Agree With Ron Paul

Let’s get rid of the Federal Reserve.

The latest Obamanation from the Feds occurred in Oklahoma.

Federal Reserve examiners come every four years to make sure banks are complying with a long list of regulations. The examiners came to Perkins last week. And the team from Kansas City deemed a Bible verse of the day, crosses on the teller’s counter and buttons that say "Merry Christmas, God With Us." were inappropriate. The Bible verse of the day on the bank's Internet site also had to be taken down.


Specifically, the feds believed, the symbols violated the discouragement clause of Regulation B of the bank regulations. According to the clause, "...the use of words, symbols, models and other forms of communication ... express, imply or suggest a discriminatory preference or policy of exclusion."

The bank is a private enterprise. This is not about putting a nativity scene in front of the state capitol building. This is about the federal government using its authority to limit what private enterprises can say and do. This is a clear First Amendment issue as well as a personal liberty one in general.

This isn’t something government needs to be involved in. And shows once more that our current administration doesn’t understand capitalism and the free market at all. If people are offended by what the bank is doing, they are free to choose another bank or complain to the bank management about it. If enough people do so, the bank will realize that it’s losing money on the issue and change its practices. That’s how things work in a free society.

Each time that I think my disgust with Washington has reached its zenith, something like this happens and I realize that there’s still a long way to go before this government stops finding ways to sicken me.

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