Tag Archives: Ron Paul

Another reason Why Ben was on 60:

A new Bloomberg poll shows that the majority of Americans are dissatisfied with the Federal Reserve and say that it should be either reigned in or abolished. Clearly, this is a reflection of the 9.8% unemployment rate.

The electorate has also sent a message to Congress and the Federal Reserve by electing Tea Party members who ran on the points of reducing the size and reach of government. As an example, there is already a movement in Congress to streamline the Fed’s dual mandate.

Ben Bernanke and the other members of the FOMC will need to strengthen their media message … …READ MORE

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Fed Spikes Punch Bowl

Fed Spikes Punch Bowl?

Last night, I tweeted: “How much fun will tom b if we get +150k NFP? Bernanke will hav lots o’ fun appearing b4 House Banking Ron Paul 2 explain QE2.” Well, we got 159k+ and here’s what U.S. Rep. Ron Paul said yesterday:

U.S. REP. RON PAUL, IN LINE TO HEAD HOUSE SUBCOMMITTEE ON MONETARY POLICY, SAYS WILL PUSH TO EXAMINE FEDERAL RESERVE MONETARY POLICY DECISIONS
FEDERAL RESERVE IS ‘WAY TOO INDEPENDENT’, ‘TOTALLY OUT OF CONTROL’ – PAUL
PAUL SAYS SUBCOMMITEE WILL PUSH TO AUDIT U.S. GOLD RESERVES
PAUL SAYS DOES NOT BELIEVE DOLLAR CAN BE … …READ MORE

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Ron Paul Day in the House

As part of the ongoing reconfiguring and reregulating of the American financial system, the House Financial Services Committee today will take up an amendment that seeks to audit Federal Reserve monetary policy. As so many things are backward in Congress, the vote today is actually a vote on a proposal to retain a ban on audits of Fed interest rate decisions. If it is voted down, then the Ron Paul bill to audit monetary policy could see the light of day.

The Paul bill has 300 cosponsors and clearly has struck a nerve in Congress. I’d go back to the … …READ MORE

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