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 …

Continue reading

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 …

Continue reading

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 …

Continue reading

Ron Paul Responds to Ben Bernanke’s “Bizarre” Comments

Statement 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 …

Continue reading

Ron Paul: Open the Federal Reserve’s Secret Archives!

Ron Paul launched his sharpest attack yet on the Federal Reserve, challenging Chairman Ben Bernanke to open up the Fed’s secret archives so that Congress and the public can find out what the enigmatic institution has been up to in recent decades. Location: House Financial Services Committee Event: Hearing on …

Continue reading