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The Federal Reserve: Massive Government’s Best Friend

 
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The Federal Reserve: Massive Government’s Best Friend

By Michael Clayton We are slowly learning that this shutdown is anything but a catastrophe, but many Americans are still asking themselves, “How did we get in this position?” They are learning this week that the shutdown of a part of government functions does not mean the end of the world. However, many citizens are […]


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Insider Trading at The Federal Reserve and Investment Giants?

It certainly seems that way. A new report from Reuters shows that the Pacific Investment Management Co. (Pimco) made a killing off mortgage-backed securities at the same time the firm was under contract with the Federal Reserve to implement and manage its unprecedented mortgage-backed security purchases. Based on Pimco’s asset purchases between 2008-2012, it appears that the […]


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Ron Paul: The Federal Reserve Has Lost Control of Interest Rates

SPRINGFIELD, Virginia- Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to the Federal Open Market Committee’s decision to continue its failed bond buying program: “Chairman Bernanke and the government falsely believe they can single-handedly control interest rates. Yes, there can be some manipulation, but markets are much more powerful. “The […]


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Ron Paul: Bernanke Grossly Misleading American People

SPRINGFIELD, Virginia- Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to Federal Reserve Chairman Ben Bernanke’s testimony before the Joint Economic Committee: “Today Chairman Bernanke testified that our nation’s long term economic outlook has improved and that consumer inflation is a modest one percent. Chairman Bernanke is grossly misleading the […]


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More States Pursuing Hard Money

By: David Heacock A couple weeks ago, we saw Texas propose an initiative to move their gold from the Federal Reserve in New York City to a newly founded state bullion depository. Consideration of such a policy shows that the actions of the Fed have caused some legislatures to work to gain independence from the […]


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