Campaign For Liberty — An Answer to Bernanke | by Ron Paul

Campaign For Liberty — An Answer to Bernanke | by Ron Paul: "Today's dollar is now worth four cents compared to the dollar entrusted to the Federal Reserve in 1913.

Ninety-six years should have been plenty of time for the Fed to come up with a plan for preventing economic crises."

"The Fed has clearly failed on its mandate to maintain full employment and price stability. It's time to find out what's going on. Instead of assuming responsibility for the Fed's role in the crisis, Bernanke brags about 'arresting' the crisis. I would suggest to Mr. Bernanke that it's too early to brag.

Bernanke decries any effort to gain transparency of the Fed's actions to find out just who gets bailed out and who is left to fail. Instead, he proposes giving even more power to the Fed to regulate the entire financial system. What he does not recognize, or does not want to admit, is that he is talking about symptoms and ignoring the source of the crisis -- the Federal Reserve itself. "