Ron Paul: Don’t Believe “Anti-Audit” Propaganda From Federal Reserve
“THE FEDERAL RESERVE HAS OPERATED IN SECRECY – TO THE BENEFIT OF THE ELITES AND THE DETRYou must Subscribe or log in to read the rest of this content.
“THE FEDERAL RESERVE HAS OPERATED IN SECRECY – TO THE BENEFIT OF THE ELITES AND THE DETRYou must Subscribe or log in to read the rest of this content.
12 comments
I see we have another “blind squirrel finds the nut” article from Ol’Ronbo.
That depends: is the “nut” in question Ronbo’s spawn, Rand?
Here is a good argument against Rand’s “audit” bill: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/11/16/heres-whats-wrong-with-rand-pauls-audit-the-fed-bill/
Absorb Milton Friedman: “Any system which gives so much power and so much discretion to a few men, [so] that mistakes ?? excusable or not ?? can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic ?? this is the key political argument against an independent central bank. . .To paraphrase Clemenceau: money is much too serious a matter to be left to the Central Bankers.”
Milton Friedman, what a good guy.
You are as ancient and senile as your picture depicts!! Way past your bedtime grampy!
We’re that it was true.
Supporters of auditing the Federal Reserve rightfully so point to the central bank’s wild schemes amid the economic crisis to create trillions of dollars out of thin air in order to bailout: big banks, big US corporations, cronies, foreign corporations, and even banks owned by hostile foreign powers. Even more of a reason to audit the Fed is to bring visibility and a check on its blatant and well-documented manipulation of markets, its distortion of interest rates leading to widespread malinvestment, its outlandish expansion of the currency supply, the steady erosion of the value of the U.S. dollar, the enabling of exploding government deficits, and much more…
In regards to all those calling Ron Paul a blind squirrel for investing in gold:
DJIA Yr. 2000 approx. $12 thousand. DJIA today approx $18 thousand.
Gold Yr. 2000 approx $285. Gold today approx $1,300.
Yes gold went down recently, but really! How many years do you think Ron Paul has been going long in gold? How do you compare over 400% appreciation for 15 years and say he missed out on that 50% appreciation he could have had with stocks?
The Gold problem is currently not under world market pressures to “float” to the world price, as it was then.
The tresury and the fed and the current administration have been and are in collusion to manipulate the world market price of Gold. Admin/treasury/fed “loan” Gold to the IMF for bailout of EuroTrash economies like Greece and Spain, then the IMF “gets paid” back in green backs or Gold or whatever the stupid administration allows … and which ever is required to clamp down US inflation.
Yes, there is a serious need to audit the fed reserve taxpayer owned Gold.
And another thing. In the basement of the twin towers (remember 9/11/2001?) … is where a huge amount of taxpayer owned Gold was stashed … No one in Gruberment has ever said what happened to all of that NY Fed controlled Gold.
Big Ben and Tiny Timmy know …
Didn’t Dr. Paul sit down with former FED Chairman Ben Bernanke for breakfast once? Yea why sit down with the enemy? Oh wait Paul is a fraud.
That’s kind’ve a silly comment. Almost every modern president has sat with opposing “enemy” leaders. FDR sat with Stalin, Clinton met North Korean Officials, Obama sat with Putin, does that make these Presidents now enemies? Just a preposterous comment.
So why did Dr. Paul have breakfast with Ben Bernanke if he wanted to oppose the FED? Didn’t his son accept his successor by confirming her?