Paul, a professed opponent of the Federal Reserve, argues that the lowering of the interest rate robs the savings of retirees and others looking to live off CDs or other investments.
Interestingly, Bernanke doesn't really answer. Certainly something to think about ...
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Reader Comments (Page 2 of 2)
12-10-2007 @ 5:42PM
dudley gray said...
If anyone doesn't think the Repulic isn't in dire straits consider our idiotic Congress .Ron Paul is focusing attention on what the founders intended
versus where we are today. If one takes a pre 1965 90% silver dime's value in today's value of
$1.30 it is pretty easy to see the effect of inflation.
Also, public ,private debt ,little savings give us no wiggle room. Japanese have 13 trilion in savings.
Check out Senate bill S1959 . A good reason to vote for Ron Paul.
12-15-2007 @ 3:52PM
santa's helper said...
Homeowner, renter etc, this down side market effects everyone, some more than others! Action is needed now for many. Will you wait and see, or.... go to: www.loancomplianceadvisorygroup.com
12-16-2007 @ 9:13PM
Christine Krout said...
Hi Guys, I am a pro-choice democrat and so
I obviously do not agree with Ron Paul's stance on issues that I would have previously considered "deal breakers". Here is the beauty of supporting RP for Prez...you don't have to agree with "him" on anything because he is for no Federal governmental interference on our Personal liberties. He is for personal freedom and not broad generalizing laws...hard not to be for a man like that....RP has my previously pro-choice democratic vote in the Indiana Republican Primary. Go RP!
12-19-2007 @ 2:45AM
NinjaTickets.com -- Comparison shop event tix. said...
Ron Paul is interesting, but I'm not sure we can have a completely lassie faire economy. CAFE, emissions, and safety standards anyone??? Whats his stance on campaign finance reform?
12-19-2007 @ 7:12PM
buydow said...
What Ben should have told Ron Paul is that if the retirees had their money in bonds, they would be better off when interest rates go down.
The face value of bonds have an inverse relationship with interest rates.