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Thursday, September 29, 2011

'Ron Paul Slams Ben Bernanke, Federal Reserve'

time to "end the fed".............from the state........

"“The Federal Reserve has maintained artificially low interest rates and pumped trillions of dollars created out of thin air into the economy, yet it remains stagnant,” Paul’s campaign professed. According to the Federal Reserve’s statement, the Central Bank will keep the “target range for the federal funds rate at 0 to 1/4 percent.”

Paul’s campaign slammed this strategy as a step down the wrong path for the economy. “This very strategy of Fed-based stimulus and interest rate manipulation is what pushed our economy to this point to begin with, but Mr. Bernanke, the Obama administration, and proponents of the status quo see absolutely nothing wrong with continuing down this destructive path,” Paul’s campaign added"................READ MORE


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