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Unemployment
Ron Paul: Real Unemployment Is at 22.8%
306 ResponsesRon Paul Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS). For the first time since the administration came to power, the official unemployment number fell below 8%. Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, [...]
9.1% Unemployment Rate Confirms That Obama’s Stimulus & Bernanke’s Money Printing Have Failed
8 ResponsesToday, 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 [...]
The Fed Has Failed: Money Printing Can’t Create Actual Jobs
52 ResponsesDeception 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 on NYSE Deal & Link between Fed and Unemployment
59 ResponsesRon Paul discusses the potential merger between NYSE & Deutsche Boerse, the Federal Reserve and his subcommittee’s role. Date: 02/10/2011
Ron Paul to Fed: Where Are the Jobs?
155 ResponsesRon 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 [...]
Ron Paul Announces Subcommittee Hearing on the Federal Reserve’s Impact on Unemployment
6 ResponsesDomestic 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 [...]
23% Unemployment: The Federal Reserve Rescued the Banks but Not the American People
201 ResponsesA 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 [...]
Ron Paul to Fed: All You Can Do is Print Money – And It Doesn’t Do Any Good!
281 ResponsesIn 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! [...]
Why Big Bankers and Corporations Love Obama
66 ResponsesSuccessful 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 [...]
