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

You're constantly whining about the government having to pay the Fed for printing our money. So find a fact for once.

The Fed buys and sells Treasuries when they want to change the money supply. So how much interest did the Fed earn last year on their Treasury holdings? You know, because we have to pay taxes to pay interest on those bonds.

61 posted on 04/03/2011 9:16:35 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

You have got me mixed up with lots of other folk who despise the FED and talk about it in that way.

AND YOU HAVEN’T ANSWERED MY QUESTION.

Do you have no defense about the FASCIST ROOTS of the FED?

Can’t have a debate with someone who can’t even remember what I have and haven’t posted.


62 posted on 04/03/2011 9:24:37 AM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: TruthConquers
You have got me mixed up with lots of other folk who despise the FED and talk about it in that way.

You never whine about our taxes going to pay the Fed?

63 posted on 04/03/2011 9:26:59 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

POINT to the post in this thread where I have done so.

AND YOU HAVE STILL NOT ASWERED MY QUESTION.

“AND YOU HAVEN’T ANSWERED MY QUESTION.

Do you have no defense about the FASCIST ROOTS of the FED?

Can’t have a debate with someone who can’t even remember what I have and haven’t posted.”

HERE is one of my earlier posts from this thread YOU responded to:
“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.”


64 posted on 04/03/2011 9:38:09 AM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: TruthConquers
POINT to the post in this thread where I have done so.

You've never done it on any thread?

65 posted on 04/03/2011 9:40:36 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

Truly, your reading comprehension skills are patheic.

Still no answer to my question about the FASCIST ROOTS of the FED.


66 posted on 04/03/2011 9:42:45 AM PDT by TruthConquers (.Delendae sunt publicae scholae)
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