Thread: High-stakes duel between Rep. Paul and Bernanke intensifies

High-stakes duel between Rep. Paul and Bernanke intensifies

Rep. Alan Grayson (D-Fla.), a prominent Paul ally on the bill, has provided a huge boost to the effort with his firebrand strain of liberal politics.

Grayson has publicly slammed the Fed, going so far as calling its top lobbyist a “K Street whore� before apologizing. Paul himself said the full force of “lobbyists for the Fed� is stacked against him.

Man these people need not apologize for telling the truth.



Ben on the run. Well he is in for an audit, and this is going to show the world how tyrants behave. Old Ben ain't going down without a fight, hell he threatened to tank the economy if this goes through. Lucky for us I guess that there ain't much to tank.

Finally!! We may be able to show how American taxpayer dollars have been used to bailout foreign banks. As well as, a host of other criminal acts.

[quote name='splansing' date='10 December 2009 - 08:50 AM' timestamp='1260463847' post='76849']

I will be very interested to watch this play out. The Fed is long over-due for a thorough re-working, spring cleaning, what-have-you.

[/quote]

It is past time that we end the fed. This is step one in a long process. Have faith, it is coming.

[quote name='The_Bear' date='10 December 2009 - 10:18 AM' timestamp='1260469100' post='76925']

I was wondering if you could explain how the Federal Reserve is the cause of the fall of America?

[/quote]

The board is acting up, I answered this then got an error. I will give you a short version.



they set interest rates, now they're about zero, that devalues the dollar.



they print money, lend it to the treasury, you pay that loan, the dollar is debt.



they manipulate currencies with secretive international currency swaps, this alone should shut them down.



They set the rules for the banks, allowing fractional reserve banking, nasty stuff, and creates huge amounts of derivitives.





That should be enough for this discussion.

[quote name='The_Bear' date='10 December 2009 - 01:18 PM' timestamp='1260469100' post='76925']

I was wondering if you could explain how the Federal Reserve is the cause of the fall of America?

[/quote]



They control the money supply and not the people.

[quote name='anonnymous' date='10 December 2009 - 01:45 PM' timestamp='1260481545' post='77094']

They control the money supply and not the people.

[/quote]

Actually by controlling the supply, they control your life.