Video: Congressman Paul Questions Ben Bernanke at Financial Services Hearing

I lov his "free market economists"..probably makes peoples head explode a they thought that Bernake was a "free market economist"...Forcing him to retreat to Keynes! Love it!!!

This inspires me to make calls for Schiff right now!

Ron Paul continues to work tirelessly on exposing the fraud of the Federal Reserve, and for what? They just passed the FinReg (notice how they always have a cute name for their madness)which gives the Federal Reserve way more authority than they've ever enjoyed. How's that for a poke in the eye? Most Americans don't even know, or care, what just hit us. What's wrong with this picture. Ron Paul had a vast majority of the House supporting his HR 1207, and again, for what? Can't you just hear the laughter behind the closed doors at us? "Go away little peons, we're enjoying our brandy and cigars!". The will of the people just get plowed under again. Until we unify in mass, we'll continue to be shoved aside. That's the ONE thing they can't handle, and they'll do everything possible to avoid. Only one person on the political scene has the moral leadership to ask for the roll as leader (i.e. President), and that's Ron Paul.

Talk about being saved by the bell!

Ben's inflation calculator is broken. John over at shadowstats.com shows a pretty solid 10% per year inflation rate for the last decade.

http://www.shadowstats.com/alternate_data/inflation-charts

The facts haven't changed. Billions of individual actors working to survive and even collect tools and stuff according to their unique motivations. There is no way Keynes or Ben can interfere with markets or individuals in a way that improves everyone's interest. Who gets stiffed and who gets rewarded? What about unintended consequences?

Problem with trying to do a job that cam't be done? There is no risk of failure: failure is a sure thing.

Dr. Paul educates and risks being successful. Worked for me!

Of course Ron is 100% right, but what does it matter? He's but one person and he's not in charge. Ben simply defends his own preconceived notions and is oblivious to anything that could amount to a real "fix" for the economy... gads, it's stomach churning to all of us who know better. Everyone else in government simply clocks out at the end of the day with a warm glass of milk.

*blinks*

Please...for the Love of all things Holy, run for POTUS!!! Put the fed out of business. Repeal obamacare (executive order) and bring the Troops Home once and for all. Make me proud to pay taxes for once instead of the gut wrenching, vile hatred I feel when writing 'Make payable to the irs.'

Ron, as usual, is right on. Hearing Bernanke quote Keynes approvingly and advocate for a central bank should be a stark reminder to us all to keep purchasing gold, silver, and palladium bullion. They won't give up their banking dream until the free market destroys it. In the end, fundamental economic laws will prevail, but during the interim this lunacy has no hope of abating.

I wish he would have countered helecopter bens keyen's quote with:

Yes Ben, Keynes also stated, when asked about the long term implications of his inflationary policies that "in the long run, we'll all be dead". Keynes is dead, we are not, so maybe we should think about retiring his policies as well.

'I'm not opposed to spending, im opposed to government spending'

Loved the fact that he asked Bernanke what i woult take for him to admit he's wrong....

and what was bernanke talking aboud when he said there always has to be some policy part in the interest rate, never heard of free market money ben?

Made me barf in my mouth a little bit.

It's a trick question on Dr. Paul's part, as Bernanke can't ever admit he was wrong, even if he secretly prays nightly to Rothbard before he goes to bed to fix things. Eventually we'll have to exile Bernanke and Greenspan to the moon (if the gallows seem to harsh)

!

his later, off the cuff response to Bernanke's presentation were excellent. I think those should be split off as part of a 2012 video.

Anyone who doesn't link to this vid is making the mistake of leaving a powerful tool in the tool box as you work for the principal of small govt and sound money.

If your toolbox is filled only with red meat issues like tyranny and nullification and the NWO, you are too limited and will not reach the golden geese of change, the 20-40 million who we might successfully invite into supporting Ron Paul.

The reason is Ron wisely points to the future in these eight minutes, and without saying the word "Austrians," (love how he uses "the free marketers" as a description), he is setting up for 2011 when the economy is still weak.

Want Ron Paul or his ilk in power in Washington? Then you need millions of John and Jane Doe's to ask themselves the question, "What if the Austrians are right."