[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Mom Arrested, Charged with Felony for Putting Recorder in 9-year-old's Backpack to Catch Her Bully

Trump ‘frightened by black people’

Judge Protects Former House Speaker and Admitted Child Rapist, Telling His Victim He Can’t Sue

Joe Barton apologizes after nude photo circulates on social media

How CBS News Aided the JFK Cover-up

6 Card Games Every Man Should Know

When Good-Faith Medicine Raises ‘Red Flags’

FBI Admits: Trump Dossier Filled With Nothing But Rumors

Type of alcohol determines whether you become merry or maudlin

Mysterious Marijuana-Related Illness Popping Up In Emergency Rooms

Wes Goodman: Anti-LGBT Republican politician 'caught having sex with man in his office' facing 30 sexual misconduct accusations

A Man Is About To Launch Himself In His Homemade Rocket To Prove The Earth Is Flat

Wrecked And Retching: Obscure Vomiting Illness Linked To Long-Term Pot Use

Family Calls 911 for Help, Cops Show Up, Beat Handcuffed Mentally Ill Man Instead

Police are using DNA mugshots to arrest innocent people

Confederate Flag Over NC Fire Department: ‘We’re Not Going To Take Down The Flag’

Thanksgiving for JFK

Police: Adults gave baby with broken leg marijuana; failed to seek treatment

Meet 'Oumuamua! The 1st Interstellar Visitor Ever Seen Gets a Name

Steve Martin's 'King Tut' Sketch Is Racist, Liberal Arts Students Say

Fake News Is Only the Beginning. The FCC Votes to Let Monopolies Decide What Local News You See

No, you’re not being paranoid. Sites really ARE watching your every move

JFK Files: The CIA Planned To Murder American Citizens In Miami And Blame It On Cuba During Operation Mongoose

Video So Gruesome, Cop Sentenced to 5 Years For Shooting Into Car of Teens, 16 Times

Study Debunks Feminism: Women Still Attracted to “Toxic Masculinity”

Student radio hosts yanked from air, suspended after using the word ‘tranny’

Cowboys, Truckers and Us

PV Police Chief's Gun Missing (Realizes he left it in the Library Bathroom, 4 days later)

General says he'd deny 'illegal' order for nuke strike

Happy Thanksgiving 2017!

Vegas Massacre Cover-Up: PR Firm Hired by Mandalay Bay Exposed Pushing Disinformation on Conspiracy Theories

20,000 DWI Cases May Be Thrown Out After Cop Arrested for Tampering With Breathalyzers

Country music legend Mel Tillis dead at 85

Helter skelter: The history of Charles Manson and rock 'n' roll

Grant Cardone was at Mandalay Hotel and he doesn't believe the official story

How a government-sanctioned scam in Newburgh Heights has taken thousands of dollars from drivers

The Cops Were Chasing a Shoplifter. They Ended Up Destroying an Innocent Man's Home.

Amtrak train smashes car in New Hampshire after GPS directed driver onto tracks

Cooking Hamburgers With Thermite

Making Charcoal the Easy Way

Homemade Gunpowder, For Science!

100% TWO ACTUAL SHOOTERS ON VIDEO IN VEGAS - According to Joe

Study reveals how a very low calorie diet can reverse type 2 diabetes

Trump’s overseas trips reap goodwill and trade agreements

Harvard University hosts anal sex workshop (Anal University)

AC/DC co-founder Malcolm Young dies aged 64

Apple's first vice president of diversity stepping down after six months in the job, report says

NY Times Reporter Calls For Censorship of Creepy Videos Of Joe Biden Inappropriately Touching Kids

Al Franken accuser says disgusting USO tour grope photo was an 'in your face' parting shot after nearly two weeks of being 'belittled and humiliated' by future senator

Alabama G.O.P. Says It Stands Behind Roy Moore


Status: Not Logged In; Sign In

politics and politicians
See other politics and politicians Articles

Title: Fed Foe Ron Paul Breakfasts With Bernanke at Central Bank
Source: Wall Street Journal
URL Source: http://blogs.wsj.com/washwire/2012/ ... with-bernanke-at-central-bank/
Published: May 9, 2012
Author: Kristina Peterson
Post Date: 2012-05-10 09:30:19 by lucysmom
Keywords: None
Views: 2895
Comments: 10

Republican presidential hopeful Rep. Ron Paul certainly wants to end the Federal Reserve. But he also has to eat breakfast.

One day after chairing a hearing on proposals to abolish or overhaul the central bank, the Texan congressman sat down for the first meal of the day Wednesday with Federal Reserve Chairman Ben Bernanke, the lawmaker confirmed in a brief interview at the Capitol. The decision to meet for breakfast at the Fed was “mutual,” said Mr. Paul, who last year introduced a bill to eliminate the central bank.

The Fed chief and lawmaker had “sort of an open discussion,” Mr. Paul said, while declining to provide any details of the conversation. “It was off the record,” he said. The Fed declined to comment on the meeting.

Wednesday’s visit to the Fed’s Washington headquarters was not the first for Mr. Paul, who has said previously he dined at the central bank with former Fed Chairman Paul Volcker.

Nor is it unusual for Mr. Bernanke to play host to lawmakers, including those proposing to refashion the Fed. The Fed chief had breakfast in February with Rep. Kevin Brady (R., Texas) who earlier this year introduced a bill that would narrow the Fed’s mandate to focus solely on price stability. Currently, the central bank has a dual mandate that also requires it to strive for maximum employment.

Still, Wednesday’s breakfast brought together two figures who publicly agree on very little. A longtime critic of paper currency and fan of the gold standard, Mr. Paul’s fiery Fed-bashing has enthused his campaign trail supporters, who often start rallies with loud chants of “end the Fed!” Mr. Bernanke, meanwhile, dedicated a significant chunk of his first lecture at George Washington University in March to enumerating the flaws associated with a system in which the dollar is valued at a fixed price per unit of gold.

So did Wednesday’s meeting overturn any deep-set beliefs?

“He’s for the gold standard now,” joked Mr. Paul.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: lucysmom (#0) (Edited)

Paul's been 'welcomed' to the Club.

He's a player now.

Goes right with his '5 State win' and his seat at the GOP Convention.

Paul could be the next Sec Treasury....at least.

As opposed to when CNBC (99 000 viewrs;) would cut away from the House Committee with Bernanke the moment Paul began to speak.

Welcome to the Club, Paul....;}

mcgowanjm  posted on  2012-05-10   10:06:39 ET  Reply   Trace   Private Reply  


#2. To: mcgowanjm (#1)

Paul could be the next Sec Treasury....at least.

Wouldn't that be a hoot!

Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady

lucysmom  posted on  2012-05-10   10:14:13 ET  Reply   Trace   Private Reply  


#3. To: lucysmom (#2)

;}

mcgowanjm  posted on  2012-05-10   10:45:15 ET  Reply   Trace   Private Reply  


#4. To: mcgowanjm (#1)

The difference between Ron Paul visiting the Fed Chairman is that he just ate breakfast with him. If it had been Obama or Romney,they would have blown him.

"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011

Stay Hungry...Stay Foolish --Steve Jobs

Steve Jobs,life-long Dim,and major Barry Soetoro supporter.

sneakypete  posted on  2012-05-10   11:15:08 ET  Reply   Trace   Private Reply  


#5. To: sneakypete (#4)

The difference between Ron Paul visiting the Fed Chairman is that he just ate breakfast with him. If it had been Obama or Romney,they would have blown him.

'would have' the wrong tense....;}

And speaking of blowing....

#775. To: A K A Stone (#0)

SURPRISE

[After Hours: 37.95-2.79 (-6.85%) 6:49P EST]

http://www.barchart.com/cache/ab...a5e3a6d9cd42d51d7cd9a.png

JPMorgan has $2 billion trading loss, reputation hit

What reputation was that? It called Geithner and the US treasury cut a check.

mcgowanjm  posted on  2012-05-10   19:11:57 ET  Reply   Trace   Private Reply  


#6. To: All (#5)

Thu, 05/10/2012 - 19:06 | 2415304 lolmao500 lolmao500's picture

Bruno Iksil will be first when this is all over... only to be surpassed by Bernanke and ECB chairman when the US and Europe ponzi schemes collapse. And whoever destroys the derivatives market will win as the biggest rogue trader in history for centuries to come.

mcgowanjm  posted on  2012-05-10   19:19:42 ET  Reply   Trace   Private Reply  


#7. To: All (#6)

Thu, 05/10/2012 - 18:58 | 2415265 HarryM HarryM's picture

No sleep for the Fedsters tonight - tomorrow they will unleash the Kraken

mcgowanjm  posted on  2012-05-10   19:21:53 ET  Reply   Trace   Private Reply  


#8. To: mcgowanjm (#6)

Bruno Iksil

Who is he and who is he connected to?

"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011

Stay Hungry...Stay Foolish --Steve Jobs

Steve Jobs,life-long Dim,and major Barry Soetoro supporter.

sneakypete  posted on  2012-05-10   19:28:02 ET  Reply   Trace   Private Reply  


#9. To: mcgowanjm (#7)

No sleep for the Fedsters tonight - tomorrow they will unleash the Kraken

Ahhh,I remember the good old days,when they just released the hounds.

"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011

Stay Hungry...Stay Foolish --Steve Jobs

Steve Jobs,life-long Dim,and major Barry Soetoro supporter.

sneakypete  posted on  2012-05-10   19:36:46 ET  Reply   Trace   Private Reply  


#10. To: sneakypete (#9)

Ahhh,I remember the good old days,when they just released the hounds.

Either Go Galactic, or go Home....;}

Thu, 05/10/2012 - 19:16 | 2415345 slaughterer slaughterer's picture

I want to know what trading unit took the $2billion away from JPM. We are going to see some "surprise profits" from somebody next quarter! Who was smart enough to steal this money away from JPM?

And here's what the Mere Mortals are about to find out.

In a Ponzi, you don't go looking for the money. Cause the money's been vaporized.

mcgowanjm  posted on  2012-05-10   20:20:22 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com