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Ron Paul in Congress
Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!
7 ResponsesRon 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 cooperation with the government, picks up the pieces and bails out insolvent banks and companies. Geithner agreed that we need to deal with the problem of moral [...]
The Bizarre Art of Central Banking
56 ResponsesRon Paul teaches Ben Bernanke a lesson on Austrian free-market economics, but the Chairman is not listening. Instead, he tries to defend his actions by asserting that “central banking is an art” that requires guesswork. Location: House Financial Service Committee Date: 03/17/2010 Transcript Ron Paul: I have a question for Chairman Bernanke. During the early [...]
Regulations Won’t Help as Long as There’s a “Lender of Last Resort”
19 ResponsesRon Paul attacks the Federal Reserve’s price fixing activities in his opening statement at the House Financial Services Committee hearing on bank supervision and monetary policy. Location: House Financial Service Committee Date: 03/17/2010 Transcript Ron Paul: This is an important day because this is the day that FOMC met and the markets were hanging in [...]
Action Alert: Audit the Fed!
43 ResponsesThe 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 value of the dollar. For [...]
Ron Paul: End the War in Afghanistan NOW!
37 ResponsesRon Paul spoke on the House floor today in support of Dennis Kucinich’s H. Con Res 248 which would end the war in Afghanistan and bring U.S. Armed Forces home within 30 days. Location: Congress Date: 03/10/2010 Original cosponsors of Dennis Kucinich’s bill include Representatives John Conyers, Jr. (D-MI); Ron Paul (R-TX); José Serrano (D-NY); [...]
Ron Paul to Congress: Don’t “Stir the Pot” with Armenian Genocide Resolution
22 ResponsesRon Paul spoke out in opposition to a resolution in the House Foreign Affairs Committee that would recognize as “genocide” the mass killing of Armenians by Ottoman Empire forces during World War I. The Congressman argued that America should remain neutral on the subject and let the involved countries work it out themselves. He then [...]
Ron Paul Returns Over $100,000 to Treasury
15 ResponsesWashington, D.C. – Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year. “Since my first year in Congress representing the 14th district I have [...]
Ron Paul Responds to Ben Bernanke’s “Bizarre” Comments
25 ResponsesStatement of Congressman Ron Paul United States House of Representatives Statement for the Record February 25, 2010 Madame Speaker, I would like to enter into the record the following letter from Professor Robert D. Auerbach, a professor at the LBJ School of Public Affairs at the University of Texas. This letter provides additional information regarding [...]
Ron Paul Questions Hillary Clinton on $1 Billion London “Fortress”
16 ResponsesAt today’s House Foreign Affairs Committee hearing, Ron Paul asked Hillary Clinton how she can justify spending $1 billion to build a “fortress” in London while Americans are hurting economically. Location: House Foreign Affairs Committee Date: 02/25/2010 Ron Paul: Welcome, Madam Secretary. I have a question about the cost of our foreign operations. We are [...]
