Liberty MavenRon Paul Puts Ben Bernanke On Notice
May 5th, 2009 12:58 pm | by Marc Gallagher | Published in Activism, Big Government, congress, Federal Reserve, Ron Paul | 5 Responses
Today Ron Paul took the oppportunity during his questioning of Ben Bernanke’s Joint Economic Committee testimony to put him and the Fed on notice. Today Ron Paul’s H.R. 1207 is up to 124 official cosponsors, so Paul has some serious backing when it comes to the “transparency” issue.
Bernanke’s response was interesting given the recent failed FOIA requests by both Fox News and Bloomberg at having a full public accounting of where the money went. Bernanke is blowing smoke as usual. I worry that if H.R. 1207 passes that it won’t amount to much “real” transparency, but I’ve also stated that we have to start somewhere.
Watch Ron Paul take on Bernanke below.
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May 5th, 2009 at 5:25 pm (#)
Ron Paul…..greatest current American hero. Bernanke…..person you'd most love to waterboard. Thank you.
May 6th, 2009 at 6:17 pm (#)
Why doesn't his nametag say Dr. Paul?
May 6th, 2009 at 11:08 pm (#)
Well done Mr. Paul.
You're my hero.
May 7th, 2009 at 2:36 am (#)
The independence that Bernanke will fight to protect was granted to the Fed by Congress and therefore it is at Congress's discretion to take it back. Bernanke's goals of full employment and price stability (meaning inflation not deflation to the Fed) were assigned by Humphrey-Hawkins in 1946, the second worst piece of legislation on the subject right after the Federal Reserve Act of 1913 itself. We as Americans should have no problem divorcing ourselves from the naive thoughts of our ancestors. In 1913 and 1946 women couldn't vote and african-americans were segregated. It was right to reject those dumb ideas of our forefathers and it's right to reject the Federal Reserve too.
May 9th, 2009 at 2:04 pm (#)
We need more freedom fighters like Ron Paul.