The Federal Reserve is Responsible for the Crisis

The secretive Federal Reserve is responsible for the economic crisis and giving it more power makes no sense whatsoever, Ron Paul said in today’s Bloomberg interview on financial regulatory reform. Channel: Bloomberg Date: 03/11/2010 Transcript Lori Rothman: We are now joined by Texas Congressman Ron Paul. He serves on the …

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Action Alert: Audit the Fed!

The Federal Reserve is the chief culprit behind the economic crisis. Its unlimited power to create money out of thin air brought us the boom and bust cycle and causes one financial bubble after another. By recklessly inflating the money supply the Fed intentionally distorts interest rates and erodes the …

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Barney Frank’s Letter to Ben Bernanke

The Honorable Ben S. Bernanke Chairman Board of Governors of the Federal Reserve System Washington, DC 20551 Dear Mr. Chairman: During your Humphrey-Hawkins testimony before this Committee last week, Representative Ron Paul raised questions about inappropriate political interference with the Federal Reserve System resulting in hidden transfers of resources to …

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Ron Paul: If the Fed didn’t exist there would be no deficits

Ron Paul spoke with Bob Schieffer of CBS News about his primary victory and his allegations against the Federal Reserve. Channel: CBS News Date: 03/03/2010 Transcript Bob Schieffer: First, let’s go to Capitol Hill where Congressman Ron Paul is standing by. Well, it’s been a big couple of weeks for …

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Ron Paul Exposes Bizarre Spending Habits at the Federal Reserve & State Department

Bizarre Spending Habits by Ron Paul Last week I had the opportunity to bring up spending and transparency in two important hearings. On Wednesday I questioned Federal Reserve Chairman Ben Bernanke on some highly questionable uses of funds at the Federal Reserve, and on Thursday I asked Secretary of State …

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