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Ron and Rand Paul Introduce Audit the Fed Legislation
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Ron and Rand Paul Introduce Audit the Fed Legislation

With longtime Federal Reserve critic Rep. Ron Paul (R-TX) the chairman of the House Subcommittee on Domestic Monetary Policy and Sen. Rand Paul (R-KY) willing to lead the fight in the Senate, this is our best opportunity to pass a real Audit of the Fed. On Wednesday, the father and son duo introduced companion legislation, H.R. 459 and S.202, in both congressional chambers to require a full and thorough audit of the Federal Reserve.

01/27/2011
Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee
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Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee

The movement to audit the Fed won a huge victory last night. Representative Ron Paul (R-TX) who has been a leading critic of the Federal Reserve for decades will lead the Monetary Policy Subcommittee. In other words, the author of the book “End the Fed” will be overseeing the central bank. Look out Fed chairman Ben Bernanke.

12/09/2010
FreedomWorks Hosts Monetary Policy Panel
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FreedomWorks Hosts Monetary Policy Panel

Today FreedomWorks co-hosted a discussion panel with the Atlas Foundation on Capitol Hill entitled “Sound Money and America’s Global Economic Leadership”. The panel featured Dr. Judy Shelton of Atlas Foundation, Atlas Foundation President Alex Chafuen, Professor Lawrence White of George Mason University, Congressman Mike Pence (R-IN) and Congressman Paul Ryan (R-WI).

12/07/2010
Join Us For a Panel Discussion on Sound Money
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Join Us For a Panel Discussion on Sound Money

On Tuesday, December 7, 2010 from 11:30 am to 12:30 pm, FreedomWorks Foundation and Atlas Economic Research are co-sponsoring a panel discussion themed "Sound Money and America's Global Economic Leadership."

12/06/2010
The Fed Printing More Money Will Make Things Worse
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The Fed Printing More Money Will Make Things Worse

Today, Chairman Ben Bernanke gave a big speech on the Federal Reserve’s next move in Boston. During his speech, Bernanke announced yet another round of “quantitative easing”. In plain English, this means that the Fed will fire up their printing presses to create more money. This likely won’t end well.

10/15/2010
The Federal Reserve's Increased Efforts to Hide Bailout Records
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The Federal Reserve's Increased Efforts to Hide Bailout Records

On Friday, Federal Reserve chairman Ben Bernanke gave a speech claiming that the economy is finally headed on the right track. He stated at the Federal Reserve Bank of Kansas City’s annual economic symposium that "despite this recent slowing, however, it is reasonable to expect some pickup in growth in 2011 and in subsequent years."

08/30/2010
Government Promises: Not Worth the Paper They're Printed On
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Government Promises: Not Worth the Paper They're Printed On

Back in June, the Washington Times reported on what seemed then to be a straightforward exchange between Rep. Paul Ryan (R-WI) and Federal Reserve Chairman Ben Bernanke:

08/11/2009
A Save Face Testimony?
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A Save Face Testimony?

As lawmakers continue to question all involved in the 2008 deal that brought securities firm Merrill Lynch under the command of Bank of America Corp., questions arise as to the legality of the Federal Reserve's role in the negotiations.

06/25/2009
National Debt Threatens U.S. Credit Rating
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National Debt Threatens U.S. Credit Rating

Stanford economics professor and creator of the Taylor Rule, John Taylor, had an interesting article in the Financial Times on Tuesday.  He explores options for government to find a way out of its monstrous debt and what effects those options might have on the United States' credit rating and tax burden.  He writes,  

05/28/2009
Fed Open to Spending Even More
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Fed Open to Spending Even More

Beyond the $1.75 trillion in mortgage related assets and treasury securities the Federal Reserve already has committed to buying, the board said in its April meeting that it was not ruling out buying even more private assets.  Further intervention in the market to purchase more private assets will only prolong the recessionary pain we're feeling now.  The Fed should never have purchased any of their assets and the sooner it discloses what it has bought and how much it's lost, the better for the economy.  Those privileged banks should face market tests of profit and loss rather than receiving bailouts for bad decisions from the Federal Reserve.

05/20/2009

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