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Rep. Paul planning hearing on Fed foreign lending
Reuters ^ | 2011-04-02 | Mark Felsenthal

Posted on 04/02/2011 5:27:34 PM PDT by rabscuttle385

WASHINGTON (Reuters) - Persistent Federal Reserve critic Representative Ron Paul plans to hold a hearing on the U.S. central bank's emergency loans to the branches of non-U.S. banks, his spokeswoman said on Saturday.

"I was surprised and deeply disturbed ... to learn the staggering amount of money that went to foreign banks," Paul said in a statement.

"These lending activities provided no benefit to American taxpayers, the American economy, or even directly to American banks," he said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: bailout; bailouts; benbernanke; bernanke; bushlegacy; federalreserve; foreign; idiot; isolationist; lunacy; lunatic; ronpaul; thefed; whathaspauldone
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To: NoLibZone
Do something Paul.

What has he done to stop the fed?

He hasn't. He just talks a lot.

And some of it actually sounds good.

But Ron Paul has demonstrated that he is all talk.

And his worshipers fall all over themselves at the sound of his voice and think that life in the US is being restored by Paul's very utterances.

41 posted on 04/03/2011 7:30:24 AM PDT by Allegra (Hey! Stop looking at my tagline like that.)
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To: Toddsterpatriot

Why Toady, you must be gay.

Nothing better to do on a Saturday night?
NO girlfriend? NO wife? Complete social nerd, eh?

You don’t have the guts or the brains to engage in real debate.


42 posted on 04/03/2011 7:31:01 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: TruthConquers

I thought the cramps were making you irrational, but now I realize that you were always irrational.


43 posted on 04/03/2011 7:32:59 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: apoliticalone

That is accurate.

When you look at the history of implementing public schools in this country, it was done by a small group of people who had sent their children to Germany to get advanced degrees not offered here. Those children became government employees or ran for government offices.

It continues to this very day. A majority of our judges, top government officials, representatives and lawyers, came from only FIVE colleges. FIVE!!!

The created a structure that has kept them in power since the public school movement of the 1850’s.

They have NOT represented the citizens of this country for a very long time.


44 posted on 04/03/2011 7:37:34 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: Toddsterpatriot

Like I said, YOU can’t debate the issues.

Of course the FED is fascist. It was the fascist Dems who passed it into being in 1913. Fascism was cool, then.

Not unlike the fascist Dems passing DeathCare.
That is fascist too. Deciding who lives and dies.

The FED defenders, in my book, are defending fascism.

Toady is a lying FASCIST COMMIE TOADY.


45 posted on 04/03/2011 7:42:29 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: Toddsterpatriot
That may have very well happened. However, until I actually see some accounting sheets on the Feds part I remain highly skeptical.

I don't completely trust the Fed and for sure as hell don't trust Congress so what a conundrum that creates.
46 posted on 04/03/2011 7:44:06 AM PDT by randomhero97 ("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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To: TruthConquers

Sorry that the facts I post conflict with your feelings.


47 posted on 04/03/2011 7:45:00 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

You STILL don’t know HOW to debate, loser.


48 posted on 04/03/2011 7:53:12 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: randomhero97

That is what I keep saying.

Why should we trust the FED?

Why should we trust the Government?

Why should we trust judges?

When the people in power blow off laws they don’t like, and then except US to still follow them, and believe everything else they say,...

I say, I DON’T BELIEVE THEM.


49 posted on 04/03/2011 7:55:53 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: rabscuttle385

If no one is put on trial and convicted, this amounts to nothing but a smoke and morrors show. =.=


50 posted on 04/03/2011 8:01:13 AM PDT by cranked
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To: TruthConquers

Sorry you’re allergic to facts, honey.


51 posted on 04/03/2011 8:03:13 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

Commie fascist losers don’t have facts.


52 posted on 04/03/2011 8:07:13 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: TruthConquers

But enough about you.


53 posted on 04/03/2011 8:09:26 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

Can’t get a clue, fascist commie loving rentboy?

COMMIE FASCIST LOVING FED RENT BOY!!!!!!!!!


54 posted on 04/03/2011 8:12:26 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: TruthConquers

You should probably take 2.

55 posted on 04/03/2011 8:15:53 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot; All

Like I said, YOU can’t debate the issues.

Of course the FED is fascist. It was the fascist Dems who passed it into being in 1913. Fascism was cool, then.

Not unlike the fascist Dems passing DeathCare.
That is fascist too. Deciding who lives and dies.

The FED defenders, in my book, are defending fascism.

Toady is a lying FASCIST COMMIE TOADY.

You posted over 14 posts, and not one had any facts.

Fascist commie loving rentboy Toady.


56 posted on 04/03/2011 8:47:06 AM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: TruthConquers
The Federal Reserve Board on Monday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $78.4 billion of their estimated 2010 net income of $80.9 billion to the U.S. Treasury.

Your turn. How much did the government pay for loans from the Fed?

57 posted on 04/03/2011 8:55:29 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: apoliticalone

nicely stated!


58 posted on 04/03/2011 9:06:09 AM PDT by cdcdawg
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To: rabscuttle385
""These lending activities provided no benefit to American taxpayers, the American economy, or even directly to American banks," he said."

In Washington it is only when money is spent on American citizens that objection gets raised. There is little objection to spending money in the rest of the world for war, nation building, foreign aid, factory building, trade deficits and the like.

59 posted on 04/03/2011 9:12:19 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: Toddsterpatriot

I didn’t say anything about the current state of the FED loans.

And I know from seeing your posts that your questions aren’t asked to elicit debate, but to state your ‘facts’ as gospel, and then you engage in insults.

YOU haven’t touched my assertion that the FED had FASCIST roots.

YOUR turn is/was to answer that. You didn’t even atempt to do so.


60 posted on 04/03/2011 9:12:41 AM PDT by TruthConquers (.Delendae sunt publicae scholae)
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