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House Financial Services committee Introduction of the Monetary Freedom and Accountability Act February 13, 2002 2002 Ron Paul 8:27 Securities and Exchange Commission Chairman Harvey L. Pitt, well aware of the seriousness of these problems, recently testified before the House Financial Services Committee that “it is my hope there are not other Enrons out there, but I’m not willing to rely on hope.” House Financial Services committee Defense Production Reauthorization Act 15 October 2003 2003 Ron Paul 107:1 Mr. PAUL. Mr. Speaker, no one questions the need for the Federal Government to obtain the necessary resources to fill its constitutional role of providing for the common defense. However, the federal government must fulfill this duty in a manner that does not conflict in any way with the Constitution or endanger republican government. The Defense Production Reauthorization Act (DPA), which gives almost unchecked power to the executive to interfere in the economy in the name of “national security,” fails both of these standards. In fact, when I inquired at the sole hearing the House Financial Services Committee held on this issue as to which section of the Constitution authorized such sweeping grants of power to the Executive, I was greeted by silence from the “expert” witnesses! House Financial Services committee Federal Reserve Inflation Punishes Saving 21 July 2003 Texas Straight Talk 21 July 2003 verse 2 ... Cached During testimony before the House Financial Services committee last week, Federal Reserve Chairman Alan Greenspan indicated that he is prepared to maintain low interest rates for “as long as it takes” to energize the listless economy. Unfortunately, this will only prolong the painful economic consequences of his own easy money, easy credit policies. House Financial Services committee Greenspan's Black Magic 23 February 2004 Texas Straight Talk 23 February 2004 verse 2 ... Cached In testimony before the House Financial Services Committee last week, Federal Reserve Chairman Alan Greenspan painted a rosy picture of the U.S. economy. In his eyes, the Fed’s aggressive expansion of the money supply and suppression of interest rates have strengthened the financial condition of American households and industries. If this is true, however, our nation’s "prosperity" is merely a temporary illusion based on smoke and mirrors. True wealth cannot be created simply by printing money; families and businesses cannot prosper by getting deeper in debt. House Financial Services committee Zero Down for the American Dream 21 June 2004 Texas Straight Talk 21 June 2004 verse 2 ... Cached The House Financial Services committee on which I serve often passes legislation that wastes taxpayer dollars, harms the economy, and egregiously violates the Constitution. The “Zero Downpayment Act” recently passed by the committee is a striking example of a bill that does all three. House Financial Services committee The Maestro Changes his Tune 21 February 2005 Texas Straight Talk 21 February 2005 verse 5 ... Cached I had an opportunity to ask him about his change of heart when he appeared before the House Financial Services committee last week. Although Mr. Greenspan is a master of evasion, he was surprisingly forthright in his responses to me. In short, he claimed he was wrong about his predictions of calamity for the fiat U.S. dollar, that the Federal Reserve does a good job of essentially mimicking a gold standard, and that inflation is well under control. He even made the preposterous assertion that the Fed does not facilitate government expansion and deficit spending. In other words, he utterly repudiated the arguments he made 40 years ago. Yet this begs the question: If he was so wrong in the past, why should we listen to him now? Texas Straight Talk from 20 December 1996 to 23 June 2008 (573 editions) are included in this Concordance. Texas Straight Talk after 23 June 2008 is in blog form on Rep. Pauls Congressional website and is not included in this Concordance. Remember, not everything in the concordance is Ron Pauls words. Some things he quoted, and he added some newspaper and magazine articles to the Congressional Record. Check the original speech to see. |