Today, the campaign for 2012 Republican presidential candidate Ron Paul remarked on the recent jobs report. See comments from Ron Paul 2012 Campaign Manager John Tate below. John Tate: “At an alarming 9.1 percent, the July national unemployment rate confirms the suspicions of many Americans both employed and unemployed. People realize that our nation can [...]
Deception at the Fed by Ron Paul For the past three decades, the Federal Reserve has been given a dual mandate: keeping prices stable and maximizing employment. This policy relies not only on the fatal conceit of believing in the wisdom of supposed experts, but also on numerical chicanery. Rather than understanding inflation in the [...]
Ron Paul discusses the potential merger between NYSE & Deutsche Boerse, the Federal Reserve and his subcommittee’s role. Date: 02/10/2011
Ron Paul appeared on Fox & Friends to talk about jobs, the Fed and the PATRIOT Act. Date: 02/09/2011 Transcript Gretchen Carlson: President Obama wants to raise taxes on businesses in order to bail out states that can no longer pay unemployment benefits. Wasn’t the stimulus, some are asking, wasn’t the stimulus money supposed to [...]
Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced today the Subcommittee will meet for a hearing to examine the impact of Federal Reserve policies on job creation and the unemployment rate. The hearing will be held on Wednesday, February 9th at 10 am in room 2128 Rayburn. Subcommittee Chairman Paul said, “I’m very [...]
A pervasive bunker mentality has set in at the Federal Reserve: the secretive institution is desperately lashing out at its critics – including its foremost opponent, Congressman Ron Paul. But Americans have woken up and will not allow the sinister bank to barricade itself behind the deceptive veil of supposed “independence”. Date: 01/24/2011 Transcript Ron [...]
In response to the media’s outrage at Republican efforts to strip the Federal Reserve of its mandate to keep unemployment low, Ron Paul derided the Fed as an “atrocious organization” and said it should stop pretending it can deal with unemployment. All it can do is print money – and it doesn’t do any good! [...]
Successful Economic Policies? For Whom? by Ron Paul Last week, in the wake of another uptick in the official unemployment rate, the administration continued to claim that their economic policies were working, just not fast enough. This administration inherited an unemployment rate of 7.7% and promised a peak of no higher than 8% if their [...]
Ron Paul tells the Joint Economic Committee that the people can handle the truth about unemployment and inflation numbers. Real unemployment is at 22% and real inflation is at 6% according to the original method of measuring the CPI. Date: 07/14/2010 Event: Joint Economic Committee Hearing Transcript Ron Paul: I thank the Madam Chairman, and [...]
One year after the launch of Obama’s stimulus package it has become painfully obvious that the stimulus’s declared goals have all failed: Unemployment has grown to 10%, the economy is worse off, and tax hikes are on the way. Only one thing was stimulated: big government – it is much bigger and more destructive now. [...]
Why the Fed Likes Independence by Ron Paul Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant details of agreements with banks to bail out Goldman Sachs. Apparently he felt at the [...]
Channel: Fox Business Host: Neil Cavuto Date: 12/9/2009 Transcript Neil Cavuto: Congressman Republican Ron Paul likens it to a spending bench that has got to stop, but won’t. Congressman, I’m just wondering – they’re just speeding it up, right? They’re actually revving it up. Ron Paul: It’s unbelievable, you know. I’ve conditioned myself, I’ve lived [...]
Senators Obama and McCain have completed a series of “debates” and the election is fast approaching. The buzzword of the campaigns has been “change”. Obama wants to enact change to help the middle class, McCain wants to change the Republican party back into what it once was, and both candidates vow to change the greed [...]
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