Ron Paul calls out Bernanke

This is glorious. Bernanke wrote an op-ed in the Washington Post this past weeekend expressing his concern that “some leading proposals in the Senate would strip the Fed of all its bank regulatory powers.” Still as ignorant as can be, Bernanke believes “the Fed played a major part in arresting the crisis, and we should be seeking to preserve, not degrade, the institution’s ability to foster financial stability and to promote economic recovery without inflation.”

Dr. Paul called Bernanke’s warning a “hoax.”  “This is a predictable result of setting up the Federal Reserve in the first place. Finally, the bubble burst and the big financial crisis is here, and they can’t inflate their way out of it,” says Dr. Paul.

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