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View Full Version : NASDAQ writes article about Ron Paul and the Fed




Knightskye
03-17-2010, 06:22 PM
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003171454dowjonesdjonline000 659&title=repron-paul-says-us-federal-reserve-has-too-much-power


By Luca Di Leo, Of DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- Launching his latest attack on the U.S. Federal Reserve, Rep. Ron Paul (R., Texas) said the Fed has too much power over the economy, something he argued was a "threat to personal liberty."

Paul was speaking ahead of Fed Chairman Ben Bernanke's testimony before the House Financial Services Committee, in which he argued in favor of retaining the central bank's oversight of smaller banks.

A long-time critic of the Fed, Paul blamed the central bank for the high unemployment rate and for favoring Wall Street while "the little guy can't get a loan." His remarks reflect some public anger against the Fed.

As Bernanke began to speak before the committee, a lady sitting behind the Fed chairman holding a sign that read "break up the banks," was asked to leave the room.

-By Luca Di Leo, Dow Jones Newswires

I didn't know they wrote articles, or press releases, or whatever this is.