Friday, December 3, 2010

« THE FRAUDULENT RESERVE: Ron Paul Says Fed Policy 'Is Out of Control' - Bloomberg Interview (Dec. 1) »

This is pretty brilliant. Try to set aside a few minutes.

Video - Ron Paul discusses the Bernanke bailout disclosures - Dec. 1, 2010

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And this is absolute nonsense. Does Lacker think we're not paying attention. The Fed has fought transparency in the courts and in Congress every step of the way, as detailed below.

Fed’s Lacker Says Data Release Is ‘Good Step’ to Transparency

Dec. 1 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said the central bank’s release of documents today is a “good step” for transparency and shows how policy makers are accountable to U.S. taxpayers.

http://www.businessweek.com/news/2010-12-01/fed-s-lacker-says-data-release-is-good-step-to-transparency.html

Jeffrey doesn't mention that the Fed had to be sued into submission.

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Bloomberg Sues Fed to Force Disclosure of Collateral

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKr.oY2YKc2g

Background on lawsuit that forced the disclosure...

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Back during the crisis, Paul screamed 'No Bailout'...

Video - Paul takes his case against Paulson and Ben Ber-Nank to the House floor

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