Ron Paul Statement on Federal Open Market Committee Meeting

[sailingaway]

PRINGFIELD, Virginia - Today, Campaign for Liberty Chairman Ron Paul released the following statement on the Federal Open Market Committee’s decision to continue its failed bond-buying program:

“I am disappointed, but not surprised, that the Federal Reserve decided to hand the American people more of the same failed policies that caused and then perpetuated our current financial crisis. Chairman Bernanke may believe there is no inflation, but try telling that to seniors who are on a fixed income, students trying to save for college, and the millions of other Americans who are contending daily with rising prices.

“If the problem was the Fed not printing enough, and Congress not spending enough, why have the trillions of dollars in monetary stimulus only benefited big banks and corporations? Why are Americans paying higher prices each week at the grocery store?

“The truth is the Federal Reserve’s bond-buying program only benefits big bankers and politicians while hurting poor and middle class Americans. We can never hope to be a prosperous nation again until we realize the printing press is not the solution to our problems.

“The American people deserve a full accounting of what the Federal Reserve has been doing to our economy and our money, which is why Campaign for Liberty will continue to lead the fight to Audit the Fed.”

http://www.campaignforliberty.org/n...ent-on-federal-open-market-committee-meeting/

 

[tsai3904]

The American people deserve a full accounting of what the Federal Reserve has been doing to our economy and our money, which is why Campaign for Liberty will continue to lead the fight to Audit the Fed.

This still needs to be a top priority.

Here are the links to the House and Senate bills to see if your Congresssmen are cosponsors:

http://www.ronpaulforums.com/showthread.php?403907-H-R-24-Audit-the-Fed-142-Cosponsors-4-11-Update-5
http://www.ronpaulforums.com/showthread.php?403587-S-209-Audit-the-Fed-23-Cosponsors-2-26-Update-1

 

[sailingaway]

This still needs to be a top priority.

Here are the links to the House and Senate bills to see if your Congresssmen are cosponsors:

http://www.ronpaulforums.com/showthread.php?403907-H-R-24-Audit-the-Fed-142-Cosponsors-4-11-Update-5
http://www.ronpaulforums.com/showthread.php?403587-S-209-Audit-the-Fed-23-Cosponsors-2-26-Update-1

Yeah, we had a twitterbomb set with lots of support and intention to branch out to push this elsewhere, and that was the day of the Boston Marathon. Kinda took the energy out of it.

But it does need to be a priority.

 

[georgiaboy]

Bloomberg every year hosts a "Washington Summit" where they have a day of panelists of all stripes talking about the economy.

I caught some of the replays on CSPAN.org

Here's a clip from a panel including Anthony Scaramucci, hedge fund owner and author, and Harvey Pitt, former SEC Chairman. They have some words for the Fed, as well as Dowd-Frank, etc. Great stuff.
http://www.c-spanvideo.org/clip/4448450. Sorry, not embeddable.

Entire discussion is here, worth the listen: http://www.c-spanvideo.org/program/312451-5