All Posts Tagged With: "End the Fed"
Jim Rogers: “The Fed is making our lives miserable … Audit It, Then Abolish It”
Saying the Federal Reserve is the only institution in the world he knows of that isn’t audited, famed investor and author Jim Rogers said in an interview, “It’s incomprehensible to me these people are saying they have no reason to be audited — they must have done something wrong, must have something to hide.” This [...]
Ben Bernanke Fears Ron Paul’s Audit Above All Else
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 [...]
Will Ben Bernanke Remain Chairman of the Federal Reserve?
Not too long ago Federal Reserve Chairman Ben Bernanke was considered to be assured of being nominated for another term as Chairman of institution, but after a dismal performance at the helm of the agency, it’s not necessarily a foregone conclusion he’ll continue on with his duties. While it’s best to eventually eliminate the Federal [...]
Editorial: Bernanke Caves on Obama’s Provision of Adding More Power to the Fed – Is it Real or a Ploy?
Growing pressure on the beleaguered Federal Reserve has Federal Reserve Chairman Ben Bernanke backpedaling on his original desire to see the Federal Reserve invested with even more power concerning oversight of “systemic risk.” Even in the midst of immense pressure and criticism in not recognizing the crisis, along with how they’ve handled it, it’s puzzling [...]
Testimony from Federal Reserve Lawyer Scott Alvarez: Another Reason to Rein in the Federal Reserve
In what I consider an astounding and clear admission from the General Counsel of the Federal Reserve, Scott Alvarez, he admitted if the ongoing push to audit the Federal Reserve becomes a reality, “Foreign central banks and governments likely would be less willing to engage in financial transactions with the Federal Reserve if these transactions [...]
Editorial: Federal Reserve Out of Control – Rejects Another Public Review
The more the Federal Reserve digs in and resists or rejects all attempts at reviews, the more damning the idea becomes that they have something to hide. This time they rejected a request from Treasury Secretary Timothy Geithner for a public review of the structure and governance of the institution. When you consider the sole [...]
Editorial: Will European Banking Regulators Soon Be Running American Banks?
The recent proposal by the Federal Reserve to assign itself powers to continue to interfere in the free markets provides another reason they seriously need to be reined in, and why, as Ron Paul says, we must “End the Fed.” Even with their unprecedented grab for more power, there is a growing opposition to their [...]
Editorial: Entangling Alliances: Another Reason the Federal Reserve Needs to be Abolished
There are many reasons why the Federal Reserve, at minimum, needs to be audited, and eventually, needs to be shut down. One of those reasons is the secret dealings it has with foreign nations’ central banks, which are done completely under the radar of the public, and many cases – government officials. How it works [...]
Nobel Prize-winning Economist Says Government Not Fixing Right Banking Problems
According to Nobel Prize- winning economist Joseph Stiglitz, the problems connected to the banking and financial industry are now worse than they were before the U.S. government intervened to prop up the poorly run banks. In an interview in Paris, Stiglitz said, “In the U.S. and many other countries, the too-big-to-fail banks have become even [...]
Banking Books: “Meltdown” by Thomas E. Woods Jr.
The full title of Wood’s book is ‘Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse.’ If a one-sentence description were to be attached to this book review, it would be that the free market was not the cause of the financial crisis we’re [...]
Editorial: Alan Greenspan Blames Human Nature, Not Himself, for Financial Crisis
Alan Greenspan thought when he stepped down as Chairman of the Federal Reserve that his place and name in economic history had been preserved, as he presumably had overseen the longest uninterrupted period of economic growth in the modern history of America. Now that many people have put a magnifying glass on his performance, that [...]
Review of Murray Rothbard’s “The Case Against the Fed”
Now that for the first time since its creation the highly secretive Federal Reserve is starting to be brought out into the light as to its real purpose and counterproductive practices which harm, rather than help the economy. While everyone should get a copy of Ron Paul’s “End the Fed,” to be available on September [...]
Editorial: Is Focus on Bank CEO Pay a Smokescreen for Federal Reserve?
There are a lot of ignorant and clueless writers who attempt to make it sound like the pay structure of Wall Street CEOs could have been behind the failure of the banking system: fractional reserve banking and the Federal Reserve. Now that most of the big banks took bailout money in America, that assertion has [...]
Ron Paul’s “End the Fed” Movement Gaining Steam
The growing interest in the book soon to be released by Ron Paul named “End the Fed” is unprecedented in monetary history, and reveals the extraordinary times we live in where a chance to change the monetary policy in the United States in a way that cold benefit all of us. What’s unique at this [...]
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