Ron Paul to Ben Bernanke: Price Fixing Doesn’t Work, So Why Does The Fed Do It?

At today’s House Financial Services Committee hearing Ron Paul criticized the Federal Reserve’s policy of hiding information about troubled banks from the public. The Congressman then asked Ben Bernanke about the Fed’s balance sheet and inquired as to why the …

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Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!

Ron 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 …

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