Federal Reserve Chairman Ben Bernanke appeared on 60 Minutes this week, apparently to soothe Americans’ concerns. This of course, is a necessary PR effort at this point. Wonder if that PR firm the Fed hired in 2009 advised Bernanke to make the appearance? Perhaps, although these efforts don’t appear to be working all that well. [...]
Recently there have been some encouraging signs that Congress is finally willing to admit what should have been evident two years ago. Even after a $150 billion bailout, Fannie Mae and Freddie Mac are still bankrupt and should be abolished. Indeed Rep....
Ron Paul speaks to the House about his concern regarding the currency crisis. He reviews the economic situation and the audit the fed bill briefly. He talks about the bailout of Greece and how money is created out of thin air and then transferred to banking 'friends'. He is clearly concerned and continues to educate and inform and encourage an audit of the federal reserve system. 