Ron Paul has long opposed the concept of central banking and whenever the chairmen of the Federal Reserve System, the central bank of the United States, have had to testify before House congressional committees, Ron Paul has been a thorn in the sides of the Fed Heads. Ron Paul’s tête-à-têtes with former Fed Head Alan Greenspan became legendary.
Now, Ron Paul is going head to head (pun intended) with Ben Bernanke, Greenspan’s successor. With Ron Paul being the ranking member of the Domestic and International Monetary Policy, Trade and Technology subcommittee, before which Fed Heads are required to testify twice annually, Greenspan’s appearances become scheduled debates between the world’s biggest advocate of paper money and the Congress’ most knowledgeable critic of paper money.
With Greenspan, however, the confrontations were mostly reported by the print media and the public benefited little by sparse—and usually condescending—coverage of Ron Paul’s calling the Fed Head on the carpet. The media’s ridiculing of Ron Paul’s questions was based on this: why should the world’s most brilliant economist have to answer policy questions from a doctor from rural Texas? With Bernanke, however, things have changed.
Not fair and more balanced coverage, we don’t get that. Things are different because of technological advances. Ron Paul’s challenges to Bernanke are videoed and put on Youtube for the entire world to see. Take a look at the February 27 hearings. About five minutes.
If you have not set up your computer to view Youtube types of videos, install the necessary software, which is free. Youtube, and other sites, provide the means to break the Establishment’s control of what we see, hear and learn. Ron Paul’s taking Ben Bernanke to task is an excellent example.