Why The Federal Reserve Loves Secrecy
Download the column as an MP3 file here (3:53 minutes).
The Real Reasons Behind Fed Secrecy
by Ron Paul
Last week I was very pleased that the Financial Services Committee held a hearing on the Federal Reserve Transparency Act, HR 1207. The bill has 295 cosponsors and there is also strong support for the companion bill in the [...]
HR 1207 Hearing
The House Financial Services Committee’s hearing on HR 1207, the Federal Reserve Transparency Act of 2009, is now over. C-SPAN posted the full 3 hour recording of the hearing here.
Ron Paul: We Need True Competition in Medical Care
Venue: House of Representatives
Date: 9/23/2009
Transcript:
Government has been mismanaging medical care for more than 45 years; for every problem it has created it has responded by exponentially expanding the role of government.
Points to consider:
No one has a right to medical care. If one assumes such a right, it endorses the notion that some individuals have a [...]
HR 1207 Hearing, 9/25/2009 at 9:00 am
After months of knocking on doors and attending rallies and functions to gather signatures on HR 1207 petitions, the House Financial Services Committee will finally hold hearings this Friday, September 25, beginning at 9:00 AM EST. Please check this link for any changes to the schedule, and to watch the live feed from the hearings.
It [...]
Ron Paul: Congress Should Read Bills Before Voting on Them
Is Congress just a decadent caricature of its former self, timidly executing the secret orders of the hidden elite? Sometimes it appears that way, especially when congressmen and women obediently vote on a bill without reading it and without having had the opportunity to do so, as it was made available just hours before. Ron [...]
Fed Audit Will Show What They’re Hiding
In this speech to Congress, Ron Paul refutes Ben Bernanke’s interpretation of HR 1207, the bill to audit the Federal Reserve, and explains why only an audit will protect the public’s interest.
Date: 7/30/2009
Ron Paul: Mr. Speaker, the big guns have lined up against HR 1207, the bill to audit the Federal Reserve. What is it [...]
Ron Paul to Ben Bernanke: The Federal Reserve Is Already Politicized
“What about today? Interest rates are artificially low. Could there be any political pressure to keep interest rates artificially low? Historically, that’s been well known, it’s been documented and written about, how other Federal Reserve chairmen, they were on the verge of reappointment and they know the president, and all of a sudden… so, it’s [...]
Ron Paul’s Opening Statement: The Federal Reserve Created the Crisis
Event: House Financial Services Committee Hearing
Date: July 21, 2009
Transcript
Ron Paul: Thank you, Mr. Chairman. Good morning, Chairman Bernanke. The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide [...]
Ron Paul Questions Jim Carr of the National Community Reinvestment Coalition
Venue: House Financial Services Subcommittee on Domestic Monetary Policy and Technology
Hearing: Regulatory Restructuring: Safeguarding Consumer Protection and the Role of the Federal Reserve
Date: 7/16/2009
Jim Carr’s complete testimony (pdf)
Ron Paul: Thank you, Mr. Chairman. I have a question for Mr. Carr on how optimistic he might be about what we’re trying to do. I tend towards [...]
Ron Paul to Congress: You want to protect consumers? Try honest money.
Venue: House Financial Services Subcommittee on Domestic Monetary Policy and Technology
Hearing: Regulatory Restructuring: Safeguarding Consumer Protection and the Role of the Federal Reserve
Date: 7/16/2009
Ron Paul: Thank you, Mr. Chairman. I want to thank you for holding these hearings because I think they’re very important and the subject, Consumer Protection and the Role of the Federal [...]
Ron Paul Questions Dr. Meltzer and Dr. Galbraith on Federal Reserve Transparency
Dr. Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, Tepper School of Business, Carnegie Mellon University – Testimony
Dr. James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/ Business Relations and Professor of Government, LBJ School of Public Affairs, University of Texas – Testimony (pdf)
Event: Regulatory Restructuring: Balancing the Independence of the [...]
Ron Paul to Fed Vice-Chairman: Your “Independence” is a Code Word for “Secrecy”
Event: Regulatory Restructuring: Balancing the Independence of the Federal Reserve in Monetary Policy with Systemic Risk Regulation
Venue: House Financial Service Committee’s Subcommittee on Domestic Monetary Policy and Technology
Date: 7/9/2009
Mel Watt: My time has expired, and I’ll recognize the gentleman from Texas for five minutes.
Ron Paul: Thank you, Mr. Chairman. Sometimes definition of the words are [...]
