Ron Paul on CNBC
Posted by Matt Hawes on 11/23/09
On Monday, Congressman Paul appeared on CNBC to respond to critics of Audit the Fed and to discuss the true causes of the economic crisis, the failure of the Fed to keep the dollar stable, and the need to know who is receiving our money.
VIDEO (13:19): http://www.campaignforliberty.com/blog.php?view=29200
SOURCE and COMMENTS: http://www.campaignforliberty.com/blog.php?view=29200
Fed rage boils over on Capitol Hill
Ben Bernanke will win confirmation to a second term as head of the central bank. But it won't be pretty. The movement in Congress to rein the Fed in is gaining steam.
By Jennifer Liberto, CNNMoney.com senior writer
Last Updated: November 23, 2009: 12:48 PM ET
WASHINGTON (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke has a tough road ahead.
Very tough.
Bernanke, whose four-year term expires in January, is certain to face a contentious Senate banking panel at his confirmation hearing, set for Dec. 3. He is also defending against the sharpest attack on Federal Reserve powers ever.
The latest blow came last week, when a House panel overwhelmingly agreed to tack on to must-pass regulatory reform a proposal to dig into the Fed's books, despite attempts by Rep. Barney Frank, D-Mass., to make it less intrusive.
CONTINUES and VIDEO:
http://money.cnn.com/2009/11/23/news..._confirmation/