Ron Paul: Janet Yellen ‘might even end up being Ben Bernanke on steroids’
There was a lot of glee by the markets over President Obama’s nomination of current Federal Reserve Vice Chair, Dr. Janet Yellen, to fill the shoes of outgoing Ben Bernanke, likely because they know that More...
Rand Paul takes aim at the Fed
Like father, like son. Senator Rand Paul (R-KY) sounds every bit as adverse to the policies of the Federal Reserve as his father, former Texas Congressman and long time critic of the US Central Bank, Ron Paul. donkeyhotey More...
Janet Yellen nominated to head the Fed, anti-Fed crusader, Ron Paul responds
President Barack Obama announced yesterday his nominee to take the place of Ben Bernanke and head the US central bank, the Federal Reserve. Mr. Obama, not to the surprise of many, nominated Dr. Janet Yellen, the More...
Ron Paul says ‘None of the Above’ for next Fed chair
During the closing of the inaugural episode of the Ron Paul Channel Monday, former Texas Congressman Dr. Ron Paul said the next Federal Reserve chairman should be “NOTA”, of none of the above. Image/Video More...
The Fed to continue bond-buying program, Ron Paul responds ‘I am disappointed, but not surprised’
The Federal Open Market Committee (FOMC) met for a two-day meeting in March, and according to the Fed press statement, little has changed. They report economic activity growth as moderate, labor markets have More...
Krugman is a Keynesian ‘crank’ wanting to empower the inflation fairy
Lest anyone think that Paul Krugman is an economist, his latest column bemoaning the lack of hardcore inflation presents every reason as to why he is a crank, although a famous crank. Yes, the Inflation Fairy More...
CNBC commentator, Larry Kudlow says Kevin Warsh ‘is my man to replace Bernanke’
Economist and host of CNBC’s The Kudlow Report, Larry Kudlow spoke on who he’d like to see replace Fed chair Ben Bernanke, who is speculated to retire next year on Monday’s show. “After More...
Is Paul Krugman Really a Martyr?
Paul Krugman operates with numerous themes, although for the most part they revolve around his belief that (1) the U.S. economy is in a “liquidity trap,” and (2) government must spend, borrow, raise More...
Ron Paul continues to critique Fed Chair Ben Bernanke after retirement
US Federal Reserve Chairman Ben Bernanke testified before the Congress for the past two days, first in front of the Committee on Banking, Housing, and Urban Affairs, U.S. Senate and today with the Committee More...
Paul Krugman and His Zombie History
Murray Rothbard liked to say that economist often tended to specialize in the area where their knowledge was the worst, and given Paul Krugman’s butchery of the historical record, I’d say Rothbard had More...
President Obama named TIME Magazine’s Person of the Year
President Barack Obama has been named Time magazine’s “Person of the Year” for 2012, announced Wednesday. “We are in the midst of historic cultural and demographic changes, and Obama is both the symbol More...
Federal Reserve announced QE3, spending billions on mortgages
While the Federal Reserve lowered its forecast for growth slightly this year, the central bank sees the economy improving somewhat in 2013. Photo/donkeyhotey donkeyhotey.wordpress.com The 19 members of the Federal More...
Ben Bernanke says Fed can do more, setting up another stimulus
Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic recovery that remains “far from satisfactory.” He More...
South Carolina State Senator says Bernanke is a ‘traitor, dictator, rotting Republic’
South Carolina State Sen. Tom Davis (R-South Carolina) at Sunday’s Ron Paul rally, PaulFest, on the eve of the Republican National Convention said of the Federal Reserve Chairman that “he’s hollowing More...
Bernanke warns of recessions, asks Congress to act adding that the Fed is ready to help
Federal Reserve Chairman Ben Bernanke didn’t paint a pretty picture of the US economy on Tuesday, warning that Congress needs to act to avert a budget crisis. Official portrait of Federal Reserve Chairman More...
Massive federal spending, face it, is ‘ludicrous and cruel’
In his April 8th column, Paul Krugman takes his cue from the Democratic National Committee and writes yet another one of his partisan screeds on the Republicans’ federal budget proposals, calling it “ludicrous More...
Ben Bernanke may nod to weaker outlook, but omit important details
Federal Reserve Chairman Ben Bernanke will have to address a number of pressing issues in a speech on Friday as investors search for more clarity on how close the U.S. central bank might be to another asset-buying More...
