Ron Paul questions Fed Vice Chair on Transparency

July 9th, 2009 3:49 pm  |  by  |  Published in Big Government, congress, Economics, Federal Reserve, government spending, inflation, Money  |  6 Responses

Ron Paul questioned Vice Chairman of the Federal Reserve Board of Governors today in a hearing on Fed independence on Capitol Hill today.

It’s now their “official” opinion that auditing the Federal Reserve completely will inhibit their ability to do their job, which apparently is to print money endlessly forcing a hidden tax on every person who trades in U.S. dollars.

Watch the exchange below.

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Just more subterfuge in the fight to audit the Fed. Call your Senators and Congress folk about HR1207 and S604!

Responses

  1. Ron Paul questions Metzger and Gailbrath on Fed Transparency :: Liberty Maven says:

    July 9th, 2009 at 5:19 pm (#)

    [...] addendum the the previous video posted earlier where Ron Paul asked Fed Vice Chair questions during a Federal Reserve hearing here is the second [...]

  2. LibertarianMike says:

    July 9th, 2009 at 9:26 pm (#)

    Simply, Congress is Constitutly incharge and has to do nothing more than declare this good and rightful intrustment back and Senate that' s it that's all Art.#1 Sec.#8 1st. ammendment is the all and with unitement please gather and aquire this right to issue the U.S dollar ,Our dollar not the fed res. dollar with a ponzie system sceme. Without interest and debt wich is in violation of constitutional Law. (states no private, no individual or entity shall control this. Congress & Senate can

  3. LibertarianMike says:

    July 9th, 2009 at 9:28 pm (#)

    Simply, Congress is Constitutly incharge and has to do nothing more than declare this good and rightful intrustment back and Senate that' s it that's all Art.#1 Sec.#8 1st. ammendment is the all and with unitement please gather and aquire this right to issue the U.S dollar ,Our dollar not the fed res. dollar with a ponzie system sceme. Without interest and debt wich is in violation of constitutional Law. (states no private, no individual or entity shall control this. Congress & Senate can than issue Our dollar throw the treasury at any time for any reason.No inflation No deflation No recessions……

  4. LibertarianMike says:

    July 9th, 2009 at 9:29 pm (#)

    Simply, Congress is Constitutly incharge and has to do nothing more than declare this good and rightful intrustment back and Senate that' s it that's all Art.#1 Sec.#8 1st. ammendment is the all and with unitement please gather and aquire this right to issue the U.S dollar ,Our dollar not the fed res. dollar with a ponzie system sceme. Without interest and debt wich is in violation of constitutional Law. (states no private, no individual or entity shall control this. Congress & Senate can than issue Our dollar throw the treasury at any time for any reason.No inflation No deflation No recessions……Daniel L.

  5. Dman says:

    July 10th, 2009 at 2:29 am (#)

    I really like this quote from Donald Kohn. Donald Kohn, vice-chairman of the Fed, argued at the House financial services subcommittee hearing that any sense of political interference would negatively affect markets. “Any substantial erosion of the Federal Reserve’s monetary independence likely would lead to higher long-term interest rates as investors begin to fear future inflation,” he said. This sums it up for me… These banks have control. They don't have to answer to anyone… Oh. Lyndon Johnson, Mr. President what did you do to us American's… :(((

  6. Ron Paul questions Metzger and Gailbrath on Fed Transparency « Ancavge says:

    July 10th, 2009 at 5:44 pm (#)

    [...] addendum the the previous video posted earlier where Ron Paul asked Fed Vice Chair questions during a Federal Reserve hearing here is the second [...]