7 responses to “Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!”

  1. Fred the Protectionist

    Ron Paul questioned Treasury Secretary Tim Geithner today on the Federal Reserve’s price fixing activities and the moral hazard generated by a “lender of last resort” that, in…. ”

    Even the rules set down in the hallowed Constitution is a ‘Moral Hazard’. Getting someone to agree that any action you/government can take is a ‘Moral Hazard’ isn’t a victory, it’s an acceptance of a universally excepted concept.

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  2. Fred the Protectionist

    “he stopped short of acknowledging the Federal Reserve’s causative role in the economic crisis.”

    Well that’s cause the Federal Reserve didn’t cause manufacturing plants to shut down from unfair trade practices, destroying tens of millions of high paying jobs; which in turn collapsed all the service industries that are suppose to ‘service’ manufacturing.

    Heck even a tax cheat understands things like this.

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    1. longshotlouie

      Tell everyone how the Fed is so beneficial and has nothing to do with the current crisis, Grandpa.

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    2. Bottomline

      C’mon You can do it Old man. Just give us a good reason why we should support the Feds? FEDhead!

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  3. Bottomline

    OH! So now Geithner is beginning to see reality! YEAH RIGHT! He will continue to make these same stupid mistakes.

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  4. Van Wilder

    Geitner admits it but what is he going to do about it? Nothing, but rest assured he will perpetuate the problem.

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  5. Ryan

    (Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!)

    In a feable attempt to salvage public support, I suppose, Geithner sounds like he’s making a confession more than an admission of making bad decisions that have added to the economic chaos.
    It’s like Geithner saying, “yeah, I know you are right, Dr. Paul, but I want to do the wrong thing anyway, because that’s just how us liberals do things.”.
    Vote Ron Paul in 2012, please! The country you save could be your own!

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