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Ron Paul Scolds Bernanke For Skipping Congressional Financial Hearings

January 15, 2009
Steve Watson

Texas Congressman Ron Paul has slammed Federal Reserve Chairman Ben Bernanke for his decision to skip Congressional Financial Services hearings in favor of secretive meetings with European central bankers.

The hearings, which took place yesterday, incorporated discussions on the TARP funds, the additional $350 billion being requested by the Treasury from Congress.

“At the very last minute, the chairman of the Federal Reserve Board, Bernanke has cancelled, as well as Sheila Bear, who is the chairwoman of the FDIC, she will not show up either.” Paul told viewers of his video blog on the Campaign for Liberty website.

“But here I find out that they have a much more important meeting,” the Congressman added with a degree of irony.

“They are going to Basel Switzerland to attend the meeting at the Bank of International Settlements, with other international bankers.” Paul explained.

For the rest of the story …..

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