All Posts Tagged With: "Ben Bernanke"

It was enlightening to see the pathetic “editorial” in The Washington Post which attacked the idea the Federal Reserve needs to be reined in, and that an audit of the Fed, as proposed by an amendment introduced by Texas Republican Ron Paul, would be devastating to the ability of the secretive and arrogant organization to [...]

After much consideration, TIME Magazine announced that Federal Reserve Chairman Ben Bernanke has been names its 2009 Person of the Year.  According to TIME managing editor Richard Stengel, Bernanke edged out General Stanley McChyrstal, who heads up the U.S. troops in Afghanistan. While appearing on the TODAY show Wednesday morning, Stengel said Bernanke received the [...]

Evidently reading a script that was probably written by Ben Bernanke himself, a small number of college economists wrote a letter to the Senate Banking Committee and House Financial Services Committee saying the tired, worn out old line that if the Government Accountability Office audits the Federal Reserve, it would cause serious harm to the [...]

Former major league baseball player and hall of famer Jim Bunning, Senator from Kentucky, put Federal Reserve Chairman Ben Bernanke’s feet on the hot coals today, as he laid into him for his performance in his first four-years at the Fed. He also had a few choice words for former Federal Reserve Chairman Alan Greenspan, [...]

Didn’t he say it that way? Actually, yes he did, just using different words. In a Bloomberg Radio interview, Mishkin stated: “It is remarkable the kind of attacks that are occurring on Fed independence.” Think of that in terms of the economic crisis we’re in. It makes you feel good that the Federal Reserve was [...]

In a recent and unusual action, Federal Reserve Chairman Ben Bernanke wrote a column in a newspaper, in this case the online version of the Washington Post, which attempted to undermine the legislation initiated by Ron Paul to at minimum require that the Federal Reserve be fully audited by the Government Accountability Office (GAO). Some [...]

In an excuse to keep interest rates low and allow the U.S. dollar to fall in value, the Federal Reserve issued its latest report saying, among other things, that wholesale prices rose far less than expected, supposedly reinforcing their interest rate policy. Federal Reserve Chairman Ben Bernanke also stated in a speech on Monday that [...]

In what seems to be a political move to build up his political capital after being perceived as too friendly with the major banks, Senate Banking Committee Chairman Christopher Dodd (D., Conn.), has been preparing legislation which would dramatically change how the banking system in the U.S. would be supervised. But opposition has already been [...]

It doesn’t come as a surprise that court documents in the Bank of America (NYSE:BAC) case alleging the institution withheld information from the government about bonuses awarded to executives at Merrill Lynch before they took them over, state in fact that Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry Paulson were made aware [...]

Listening to the financial leaders of the Group of Seven as they head to Istanbul for talks saying there is a need for a strong U.S. dollar, is ludicrous in the face of the practices of the central banks across the globe, and specifically the Federal Reserve and Ben Bernanke who haven’t stopped the printing [...]