Wednesday, September 19, 2012

End the Fed, this Saturday

-Tom Woods
Demonstrations will take place around the country.
(post)(Daily Paul)
RON PAUL NEWS

Ron Paul To Expose Fed Interest Rate Distortions

-Lew Rockwell
Here's the official press release:
Congressman Ron Paul, Chairman of the Domestic Monetary Policy and Technology Subcommittee, announced today that the subcommittee will hold a hearing to examine the effects of the Federal Reserve’s interest rate policy on the American people.
“The Federal Reserve is relentless in pursuing a policy of zero interest rates, as manifest by their decision last week to do another round of quantitative easing and keep the federal funds rate at zero for another three years.  The Fed is intent on ignoring that their policy of low interest rates in the past brought us the financial crisis of 2008 and their zero interest rate policy of today is prolonging the agony while sowing the seeds for a much larger crash in future,” stated Chairman Paul.  “Their manipulation of interest rates — essentially price setting — can only ever have destructive effects on the American economy.  Artificially low interest rates continue to cause malinvestment and misallocation of resources throughout the economy. Savers and investors suffer from negative real interest rates, while the federal government takes advantage of the Fed’s zero interest rate policy to run up gargantuan fiscal deficits.  These problems cannot and will not be remedied until the Fed stops manipulating the price of money.”
The hearing, entitled “The Price of Money: Consequences of the Federal Reserve’s Zero Interest Rate Policy,” will be held on Friday, September 21st, at 9:30 a.m. in room 2128 of the Rayburn House Office Building.
Witnesses scheduled to testify:
  • James Grant, Editor, Grant’s Interest Rate Observer
  • Lewis E. Lehrman, Senior Partner, L.E. Lehrman & Co.
(post)(Daily Paul)
RON PAUL NEWS

Lew Rockwell - Wednesday Edition

Why 3 Kennedys Were Assassinated
Don Miller talks to Lew Rockwell about the real nature of the American regime.

Prepare for 1 of 2 Catastrophes
Or possibly more. Article by Gary North.

What To Expect, When You're Expecting War
And what to do about it. Article by Paul Rosenberg.

Don't Join the Military
Laurence Vance on why not, and the propaganda otherwise.

'Christian Patriotism'?
It's idiocracy. Article by Will Grigg.

Blasphemy and Empire
Why our secular elites just don't get it. Article by Justin Raimondo.

4 Unfortunate Things
That well-intended drivers do to their cars. Article by Eric Peters.

Another Day In America
Criminals rewarded, heroes jailed, dollar destroyed. Article by Jim Karger.

No Hope for Peace?
Because men love war, and women love warriors? Article by Fred Reed.

Normal May Not Be Good Enough
Blood checks are cheap, preventive medicine, if you look carefully at the numbers, says Margaret Durst.

We've Passed the Point of No Return
The Fed is winning its war on savers, the dollar, and the American middle-class.

How to Shop, Cook, and Dine-Out Primally
After you've eliminated the government diet, here's the next step, says Mark Sisson.


RON PAUL NEWS

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