0 votes

Ron Paul: Bernanke's defense of the Fed a 'hoax'

Fed Chairman Ben Bernanke's warning that efforts to regulate the board would "impair" the economy are a "hoax," Rep. Ron Paul (R-Texas) said Monday night.

Responding to Bernanke's op-ed in the Washington Post this past weekend, in which the Federal Reserve chairman said that Paul's bill to audit the Fed would harm the U.S. economy, the Texas congressman accused Bernanke of dodging responsibility for his role in causing the recession.

"He claims that they're rescuing, and making things better. But he takes no responsibility for causing all the problems," Paul said during an appearance on the Fox Business Network Monday evening.

"So I think it's a hoax for him to talk about financial stability," the libertarian Republican added. "I mean, how could it get much worse?"


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Thanks for posting something relevant.

Did you read some of the comments? We still have a lot of work to do.

I wanna see Ron Paul debate that fugly Mishkin dude

Follow me on Twitter for breaking news on Ron Paul and the U.S. Economy:


Follow me on Twitter for breaking news from a libertarian perspective


Evict the moneychangers, send them to prison

Just kill the FED and put us all out of it's miserable existence. Mr Bernake you cannot defend the indefensible. Instead of printing greenbacks time to start making license plates. Time to cast the moneychangers out of the temple yet another time, this time don't let the door hit your butt and do not come back !! period.

Just one last kick in the nuts, then a final deathblow

meekandmild's picture


oops, I mean RON PAUL! RON PAUL!

Man, Ron Paul

is on a roll. Hot, hot, hot.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.