The Conservative Cave
Current Events => Economics => Topic started by: cavegal on November 12, 2010, 03:53:22 PM
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http://money.cnn.com/2010/11/12/news/economy/Bernanke_Paul/index.htm
NEW YORK (CNNMoney.com) -- Ben Bernanke has had his hands full since his first day on the job as Federal Reserve chairman nearly five years ago. It's about to get even tougher.
His harshest critic on Capitol Hill, Rep. Ron Paul of Texas, is about to become one of his overseers.
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Good Lord, who the hell is responsible for giving this man a microphone.
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Dr. Nutz becomes Chief Nut?
The squirrels on the Hill are gonna love that one.....
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I do not agree with everything Dr. Paul says, but this is definitely a good way of keeping Bernanke in check. His job is about to become hell.
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I do not agree with everything Dr. Paul says, but this is definitely a good way of keeping Bernanke in check. His job is about to become hell.
I do not agree with about 75 percent of what the squeaky little nutjob says, from his foreign policy to his wanting to flush the economy into a generation-long depression.
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I do not agree with about 75 percent of what the squeaky little nutjob says, from his foreign policy to his wanting to flush the economy into a generation-long depression.
What do you mean by that?
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What do you mean by that?
While the end results I might agree with (end the Fed, severely curtail entitlement spending, etc.,) the methods in which he wants to accomplish these things are 1--unconstitutional (read: he can't just "shut down the IRS" as he's stated), 2--would throw such a shock to the system it would be akin to taking a car going 100 mph down the freeway and throwing it immediately into reverse. Sure, you're stopped, but you're not going anywhere with that stream of parts behind you either.
Don't even get me started with his foreign policy. Oh, did I also mention the guy comes across as a ****ing hypocrite? Mmmmmm...good shrimp.
Finally, there's that whole anti-Semite/racist bit. Don't tell me he didn't know what was being put in his newsletters, etc. His newsletter, his responsibility. Oh, and when he doesn't return campaign donations from the head of Stormfront, that should tell you something right there.
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I do not agree with everything Dr. Paul says, but this is definitely a good way of keeping Bernanke in check. His job is about to become hell.
I honestly don't know how you think this will do anything more than provide Dr. Ron with a soapbox to shout his lunacy from. This is keeping no one in "check."
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:popcorn:
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Good Lord, who the hell is responsible for giving this man a microphone.
The voters in Texas Congressional District 14.
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Well QE2 isn't being received as the savior of the world as many thought it would be.
Hopefully he gets his audit of our Central Bank.