Pat Buchanan has an article on the Keynesians and Bernanke printing money.
Perry and Ron Paul deserve the nation's gratitude for putting this issue of the unfettered power and the amorality of our unelected Federal Reserve on the political docket.
Meanwhile, we are getting more information about the secret bailouts by the Federal Reserve:
"From late 2007 through mid-2010, Reserve Banks provided more than a trillion dollars… in emergency loans to the financial sector to address strains in credit markets and to avert failures of individual institutions believed to be a threat to the stability of the financial system," the audit report states.
"The scale and nature of this assistance amounted to an unprecedented expansion of the Federal Reserve System’s traditional role as lender-of-last-resort to depository institutions," according to the report.
