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Monthly Archives: April 2011
By Kevin Brett
Statements in response to Ben Bernanke’s Press Conference on April 27, 2011:
“Mr. Bernanke continues to ignore his culpability for the inflation all Americans suffer due to the Fed’s relentless monetary expansion. Rising Prices are the direct result of Fed devaluation of our dollar. Yet, rather than addressing the Fed’s loose dollar policy, Mr. Bernanke continues to assure us that inflation is not a problem.”
-Ron Paul, U.S. Congressman (TX-14) (via Congressional office)
“Do the opposite of whatever he [Bernanke] said as he is one of the best contrarian indicators in history.”
-Jim Rogers, International Investor and Financial Commentator (via Email)
“Bernanke referred to the “dual” mandate that the Fed has: stable currency and low unemployment. Of course, in the current situation, the Fed is sacrificing monetary stability in the hope that inflation will create jobs. In fact, monetary uncertainty makes investors more wary of taking risks that would create real jobs. Proof? All we need to do is to chart the prices of gold and oil during the hour Bernanke spoke. Both went up predicting a lower dollar and more inflation.”
-Howard Segermark, Economic Counsel to Former U.S. Senator Jesse Helms (via Email)
“To me, as the Fed Chairman spoke, the dollar was getting crushed, gold surged to a new high, so how do you call that a success? That’s like saying that the Titanic had a successful crossing because a few of the passengers happened to make it to New York. It was a disaster!”
-Peter Schiff, President of EuroPacific Capital and Financial Commentator (via Yahoo)
“My basic point would be to not trust the people running the Federal Reserve. They are either serial liars or grossly incompetent. I do not rule out a combination of both. I first made this point near the height of the housing bubble regarding Greenspan. I have made similar charges against Bernanke and the Board of Governors in 2010 regarding what they were saying at the height of the housing bubble.”
-Mark Thornton, Senior Resident Fellow, Ludwig von Mises Institute (via Email)
Please visit DebateDay.com and pledge to support Ron Paul’s Debate Day Moneybomb on May 5, 2011. You may also RSVP on Facebook at http Download HD version: www.megaupload.com The first nationally televised Republican presidential debate in the 2012 election cycle will be held on May 5, 2011. Because of this, it is imperative to showcase Ron Paul as the leading frontrunner in the race. On May 5, 2011, we will hold an online money bomb in support of Ron Paul for President 2012. A money bomb is a 24-hour fundraising event aimed at dramatically increasing funds for a specific candidate. In November 2007, Ron Paul raised more than $4.2 million in a single day. In December 2007, Ron Paul raised the most money in the history of American politics in a single day, raising more than $6 million; a record that still holds strong to this very day. Please invite your friends, and tell them that it is essential that we all donate to Ron Paul on May 5, 2011, in preperation for the first nationally televised Republican presidential debate for 2012. The money bomb will be held on Ron Paul’s official campaign website, which you can find at RonPaul2012.com.
By Matt Hawes
Thanks to your support, Congressman Paul’s latest book, Liberty Defined, will debut at #3 on The New York Times Book Review May 8 list of print hardcover best sellers!
This is an incredible showing for this important new work, and it demonstrates the strength of support for the ideas and message of liberty.
But there’s still two more slots to go! Help Liberty Defined get to #1 by purchasing your copy today if you have not yet done so. Or get one for a friend!
www.NewWaveSlave.com 4-27-2011 Ron Paul had a powerful interview regarding his thoughts on the press conference of Ben Bernanke & the Federal Reserve. Ron Paul is considered to be a probable candidate for President in 2012 and he pulls no punches in this clip. Ron Paul says several times that not only do we need transparency from the Federal Reserve, but it needs to end completely. He makes his case in a clear an concise manner regarding Helicopter Ben monetizing the debt and devaluing the dollar in order to ease the pain of the Federal debt in real terms. Ron Paul also discusses gold as the only real currency and how the Fed and fiat currency allows the Gov’t to spend recklessly and intervene in wars around the world. I sincerely believe this is the time for Ron Paul and his Libertarian message. Take a listen and share with your friends. Ron Paul 2012!
By Tim Shoemaker
For the first time in the history of the Federal Reserve, the Chairman, Ben Bernanke, will be holding a press conference following an FOMC meeting at 2:15 PM (EST). The video below should work for the press conference when it’s time.
Just look at how far we’ve come in our efforts to open up the Fed to transparency. At CPAC 2009, when Campaign for Liberty announced it was making Audit the Fed our number one legislative priority, most Americans didn’t even know what the Fed was. Now, more than 74% of Americans want a full and thorough audit of the Federal Reserve System!
Make no mistake, the Federal Reserve didn’t just decide to start holding press conferences because they just realized we’re now in the 21st Century and that “sort of technology” is available. This is a direct result of the pressure thousands of dedicated activists from around the country put on their representatives, forcing Congress to adopt even the limited audit they did in the 111th Congress.
Again, C4L is just as committed to pushing through a full and thorough audit of the Fed to reveal exactly what the Fed has done to our monetary system. Please sign our petition today in support of H.R 459 and S. 202. Afterward, please contact your representatives and senators to urge them to sign on as a cosponsor for Audit the Fed!
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