PO Box 130
West Shokan, NY 12494
June 26, 2011
Michele Bachmann
103 Cannon HOB
Washington, DC 20515
Dear Ms. Bachmann:
Please take a position concerning the Federal Reserve Bank and the legal tender law.
I recently gave a small contribution to your campaign and to Ron Paul's and Gary Johnson's. I am not certain that I will vote for a Republican in November 2012, though. One reason I contributed to you is the legacy media's bias against you.
In order for me to continue to support your candidacy I will need to know where you stand on the Federal Reserve Bank. You need to be specific. Stephen Moore's recent Wall Street Journal article* about you was unconvincing. Moore indicates that you would appoint a different Fed chairman than Bernanke, not that you would eliminate the post altogether. I appreciate your opposition to TARP. But the headline referred to Ludwig von Mises while the authors whom you admire include Art Laffer and Milton Friedman. Milton Friedman's monetarism and Art Laffer's supply-side economics depend on big government. Perhaps you might base your position on Hayek's essay "Denationalisation of Money."
I await your position on the Fed, which is the decisive one concerning big government, for the Fed is a necessary and sufficient condition for big government.
Sincerely,
Mitchell Langbert, Ph.D.
*http://online.wsj.com/article/SB10001424052702304259304576375491103635726.html?KEYWORDS=bachmann
