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Financial Services Committee
Ron Paul: Fiat Money Experiment Will End Badly
209 ResponsesTranscript Chairman: At this time, Mr. Paul is recognized for three minutes; your thorn in the flesh. Ron Paul: Thank you, Mr. Chairman, and welcome, Chairman Bernanke. You know, I guess over the past 30 or 40 years, I have criticized the Fed on occasion, but the Congress deserves some criticism, too. The Federal Reserve [...]
Ron Paul Asks Ben Bernanke: How Do You Define a Dollar?
258 ResponsesRon Paul confronts Fed Chairman Ben Bernanke on monetary policy, and says that Fed policy has not helped to stabilize the economy over the last 30 years or so. Paul asks how the Fed can manage monetary policy if it doesn’t have a definition for a dollar. And, he adds, gold is the true long-term [...]
Ron Paul: Transparency and Accountability for the Federal Reserve!
95 ResponsesTransparency and Accountability for the Federal Reserve by Ron Paul Last week, the 112th Congress was sworn in. I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to ensure the Fed provides the [...]
Ron Paul at the Financial Services Committee Hearing
1 ResponseDate: 11/4/2009 Venue: Financial Services Committee Hearing Transcript: Ron Paul: I thank you, Mr. Chairman. Earlier this year, Secretary Geithner had an interview and he said that the main source of our problem with this economic crisis was that we kept interest rates too low too long. And I certainly agree with him on that. [...]
Ron Paul: Credit Is Not Capital
76 ResponsesYouTube Channel: Financial Services Republicans Date: 2/25/2009 Transcript: Ron Paul: Today the Chairman of the Federal Reserve Board was before the Financial Services Committee. I did get a chance to ask him a question or two and I made the point that we can’t continue to work on the assumption that credit comes out of [...]
Central Economic Planning Doesn’t Work
62 ResponsesHere is Ron Paul’s opening statement at the House Financial Services Committee hearing on January 13, 2009 dealing with the TARP funds. Ron Paul: “This continued debate that has gone on about our rescue programs that we have been devising is confirmation, I believe, that there’s very little understanding as to how we got into [...]
