Among the facts that the Federal Reserve would rather you didn’t know is that at the height of the financial turmoil in 2008, when average Americans were just beginning to suffer, the institution was passing out sweetheart deals to protect the powerful and well-connected. Among the beneficiaries were foreign banks, Wall Street giants and even [...]
Date: 04/18/2011 by Ron Paul Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in Washington, how it was spent, or how [...]
by Ron Paul Last week I was both surprised and pleased when the Supreme Court upheld lower court decisions requiring the Federal Reserve Bank to comply with requests for information made by Bloomberg under the Freedom of Information Act (“FOIA”). Bloomberg simply wanted to know who received loans from the Fed’s discount window in the [...]
Date: 03/21/2011 Ron Paul to Fed: Turn Off the Printing Presses! by Ron Paul Last week, the subcommittee which I chair held a hearing on monetary policy and rising prices. Whether we consider food, gasoline, or clothing, the cost of living is increasing significantly. True inflation is defined as an increase in the money supply. [...]
Travel to three cities in Iowa, a visit to New Hampshire and the new use of a private plane are the activities of a man possibly on the campaign trail. Back in DC, Ron Paul is eclipsing Ben Bernanke as the Fed is unable to keep its inflation a secret any longer, and Ron is [...]
Ron Paul appears on Freedom Watch to talk about the economy and the Middle East. Date: 03/02/2011
Ron Paul confronts Fed Chairman Ben Bernanke on monetary policy, and says that Fed policy has not helped to stabilize the economy over the last 30 years or so. Paul asks how the Fed can manage monetary policy if it doesn’t have a definition for a dollar. And, he adds, gold is the true long-term [...]
Ron Paul explains why he challenges Fed head Ben Bernanke’s monetary policy. Date: 03/02/2011
Central Economic Planning at its Worst by Ron Paul Last week, the Financial Crisis Inquiry Commission (FCIC) presented its results to the Financial Services Committee. As with most other politically-appointed commissions, the results of the FCIC’s investigation were easy to predict. Established by the same congress that gave us national healthcare and with a majority [...]
Ron Paul’s new bill (HR 459) to audit the Federal Reserve now has 79 co-sponsors, and the numbers keep growing! This is history in the making, and victory is within reach. Imagine what will happen if HR 459, The Federal Reserve Transparency Act, comes up for vote in Congress! It has real potential to pass [...]
Deception at the Fed by Ron Paul For the past three decades, the Federal Reserve has been given a dual mandate: keeping prices stable and maximizing employment. This policy relies not only on the fatal conceit of believing in the wisdom of supposed experts, but also on numerical chicanery. Rather than understanding inflation in the [...]
Ron Paul’s new bill (HR 459) to audit the Federal Reserve now has 71 co-sponsors, and the numbers keep growing! This is history in the making, and victory is within reach. Imagine what will happen if HR 459, The Federal Reserve Transparency Act, comes up for vote in Congress! It has real potential to pass [...]
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