Congressman Paul is concerned that the actions being taken by Congress, the President and the Federal Reserve will only make things worse, and wants to know at what point Bernanke would change course if it becomes apparent that that is happening.
Of course, that's a hard question for Bernanke to answer, but Ron Paul vs. Bernanke is always fun to watch. For earlier rounds in this ongoing battle, click here and here.











Reader Comments (Page 1 of 1)
3-03-2009 @ 11:43PM
Jeff said...
Rep. Paul at CPAC said he introduced a bill in Congress to audit the Federal Reserve: HR 1207.
If Bernanke doesn't answer, which seems to be his hobby, we could find out whether he's wrong, all by ourselves.
3-04-2009 @ 6:21AM
JCH said...
What if Ron Paul is wrong? If he had his way AIG would be gone. C would be gone. GM and Chrysler would be gone.
Wow. No big deal. The vortex would have left everybody else whole. The auto parts manufacturing companies would have just kept shipping parts, and little fairies would have paid for them.
Ron Paul would lead this country to a disaster. He is a clown act. There is not a single government on the face of the earth that has ever successfully implemented what he calls economics.
With his do-nothing policies, unemployment would now be at 20 to 40%. Could get there anyway if the Republicans don't get their heads out of their butts and stop running against FDR. FDR was almost a century ago your freakin' nitwits.
Every time people say Obama and the Fed are going to fail, the country moves an nth closer to failing. Polls say Americans, those are the people, favor Obama over the Republicans 2 to 1. So what do the Republicans want to do? They want to damage Obama to reduce that margin. No love of country at the moment of national crisis, just a raw hunger for political power. Get the power back, man. Get the power. Screw the country, just get the power back. What a bunch of pathetic scum - the tea-party followers of Sucktelli. Their priority for the nation this morning - prove FDR was wrong. Losers.
Was FDR in the room when AIGFG was selling our country down the river with absolutely no government oversight? Freakin' numbskulls.
3-04-2009 @ 2:55PM
Terry Conspiracy said...
I am a Ron Paul supporter from Canada.
Congressman Paul's voting & speaking history have him being right (in my opinion) most of the time.
His one weakness seems to be his social safety net policy. He does not seem to have one. Unfortunately, a lot of Americans think that this makes him right yet again, & that is wrong.
A strong social safety net should be the first line of defense in a good National security policy, the streets are just not safe without one.
The cost of policing a hungry & desperate population will always outweigh the cost of feeding & caring for that population.
I am looking forward to seeing Dr. Paul address this issue head on someday.
3-04-2009 @ 6:04PM
lac_huron said...
JCH-
Interestingly you point out that Ron Paul's economic policies have never been implemented anywhere?
Read history books...lots of them. THIS country, the USA was founded on the same principles of limited government, free-market capitalism and personal liberty. You are probably living in the country that implemented these policies and you are so brainwashed that you do not realize the ten thousand-pound elephant in the room.
I suggest reading books written by F.A. Hayek and Ron Paul if you'd like to educate yourself. Most Americans are so ignorant regarding economics and finance that I'm not surprised to hear ignorant comments like yours.
Since you're such a fan of the bailouts then why don't you provide some evidence that they worked. Dow
3-04-2009 @ 6:26PM
jen said...
JHC is a speculator...exactly the wallstreet mind-set that put us in this dire condition..
Speculators are gamblers, idiologiest in dreams and visions that becomes as dust and fodder in hand.
3-08-2009 @ 10:18PM
asdasd said...
Your call that beating him down? Soundsl ike Bernanke gave him a good response.