The Fraud of the Federal Reserve
Federal Reserve Chairman, Ben Bernanke, in his article published in The Washington Post today, is extolling the virtues of "redesigning" the federal reserve system so that it is more responsive and able to avoid the kind of almost meltdown of the financial system we experienced a year ago. His position is essentially a lie and is based on the interests of the Federal Reserve, the U.S. financial market as well as the global financial markets. The recent success of Representative Ron Paul in getting congressional approval to audit the Fed, no doubt has Barnanke and others in the financial markets gravely concerned. When speaking to this issue here is what he had to say; "I am concerned, however, that a number of the legislative proposals being circulated would significantly reduce the capacity of the Federal Reserve to perform its core functions. Notably, some leading proposals in the Senate would strip the...