Ben Bernanke,  Ron Paul

Ron Paul: Absolutely Bizarre

February 24, 2010 /

Congressman Ron Paul, R- Texas questioning Federal Reserve Chairman Ben Bernanke. Note around 3:20 or so when Bernanke calls Paul’s specific allegations “absolutely bizarre.”

I thought we got rid of the KOOK, Ron Paul, after the 2008 Presidential election. I guess the young folks at CPAC did not get the message when they voted for Ron Paul for the 2012 GOP Presidential nod. Maybe they should have seen today’s display in the Congress before casting those ballots.

Make no mistake Ron Paul is NOT a serious politician and is as nutty as a fruitcake.

Plus, there is an interesting piece today minimizing Ron Paul’s import to the future of the conservative movement.

Does that mean we need Paul?

“Congressman Paul is committed to bringing the conservative movement back to its traditional platform of limited government, balanced budgets and a foreign policy of nonintervention,” claims Jesse Benton, Paul’s spokesman.

If only it stopped there. Paul isn’t a traditional conservative. His obsession with long-decided monetary policy and isolationism are not his only half-baked crusades. Paul’s newsletters of the ’80s and ’90s were filled with anti-Semitic and racist rants, proving his slumming in the ugliest corners of conspiracyland today is no mistake.

Perhaps the greatest tragedy of Paul is that thousands of intellectually curious young people will have read his silly books, including End the Fed, as serious manifestoes. Though you wouldn’t know it by listening to Paul or reading his words, libertarians do have genuine ideas that conservatives might embrace.

I discussed those silly newsletters that Ron Paul either wrote or edited (published under his name but not edited, who knows?) many months ago. But, there is more than just the newsletters and it all points to out of the mainstream political extremism, racism and anti-Semitism.

Again, I thought we put Ron Paul and his nutsoid rants to bed in 2008.

Time for him to go now…….actually, it is embarassing……

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8 Comments

  • SSt

    February 24, 2010 at 7:59 pm

    Professor Bob Auerbach of the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin (and an economist at the House Financial Services Committee for eleven years assisting in oversight of the Federal Reserve) brought these issues to light in a book published by a university press:

    In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including:

    * Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring–for 17 years–it had no transcripts of its meetings;
    * Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation;
    * Allowing 5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank–the result of faulty bank examination practices by the Fed;
    * Stonewalling Congressional investigations and misleading the Washington Post about the6,300 found on the Watergate burglars.

    Auerbach provides documentation of these and other abuses at the Fed
    http://www.utexas.edu/utpress/books/auedec.html

    “Police who searched the room the Watergate burglars used found $4,200 in $100 dollar bills, all numbered in sequence. Proxmire asked the Federal Reserve Board where the money came from. As he explained in a letter to the late Rep. Wright Patman (D-Tex.), chairman of the House Banking Committee: “I got the biggest run-around in years. They ducked, misled, lied, and gave me the idiot treatment.” – Milwaukee Sentinal

    http://news.google.com/newspapers?nid=1368&dat=19820616&id=6dUVAAAAIBAJ&sjid=GxIEAAAAIBAJ&pg=6977,2777644

  • Alex

    February 24, 2010 at 8:33 pm

    The author writes, “I thought we got rid of the KOOK, Ron Paul, after the 2008 Presidential election.”

    Actually, it was only after the election was over that the media decided to start paying attention to Ron Paul. People had laughed when he predicted the recession, and said the dollar was in trouble, and then, as soon as the banking crisis hit, the media realised it should start paying some attention to the man.

    The author also writes, “Make no mistake Ron Paul is NOT a serious politician and is as nutty as a fruitcake.”

    The actual problem with Ron Paul is that he’s not radical enough. Unlike me, Paul thinks the government should not be abolished. Unlike me, he actually thinks it’s possible for a non-corrupt government to exist. Unlike me, he still believes in the Constitution. Unlike me, Ron Paul has not embraced anarchism.

    Finally, I have never seen any valid evidence that Ron Paul is in any way racist or anti-Semitic. In fact, I would argue that Obama and Bush are more anti-Semitic than Paul. Why? Because both Obama and Bush support giving U.S. tax-dollars to an vast organisation that openly violates the natural, inalienable rights of the people–mainly Jewish people–who unfortunately live under it’s oppressive rule. Five guesses as to what that organisation calls itself.

    Sincerely,
    Alex

  • Basil

    February 24, 2010 at 8:51 pm

    [Putting on my tin foil hat]

    RON PAUL!!!1!!!11!!! HE’S THE MOSTEST BESTEST PERSONEST PERSON WHO WILL BE OUR NEXTest BESTEST PRESIDENT!!!1!!!

    RON PAUL!!11!!11!!!!eleventy!!!

    [Removing tin foil hat]