Ron Paul

CNBC’s Regan Worries 'Freshman Congressmen from Timbuktu' to Have Too Much Policy Influence if Fed Audit Bill Passed

It's an issue that libertarian Rep. Ron Paul, R-Texas, and Sen. Bernie Sanders (I-Vt.), a self-proclaimed socialist agree on: Congress should have the authority to call for the Federal Reserve to be audited.

But it is also something that some in the financial media are reluctant to support, especially judging from the tone of CNBC "The Call" co-host Trish Regan and comments CNBC senior economics reporter Steve Liesman. On the Nov. 20 broadcast of "The Call," CME Group reporter Rick Santelli made the case that Federal Reserve should be audited. He cited opposition to the Fed audit proposal from Sen. Judd Gregg, R-N.H., which was based on Congress' inability to be fiscally responsible.

"He said, ‘You know, there independence is important to protect the soundness of the dollar,'" Santelli said. "Has he read any papers lately or looked at any charts? Come on. Amen, amen that this process is happening. They're not taking away their independence to make a decision on interest rates. We need to know where the money is going. I remember when Ben Bernanke faced committees of elected officials and said, ‘We can't audit the Fed because then you might look unfavorably on some of the counterparties we deal with. That's like finding paraphernalia under your kids bed and then not asking where he got it."

Maddow’s Hypocrisy: Fox Not a 'Normal News Channel' Due to Tea Party Promo; MSNBC Promoted Health Care Rallies Weeks Earlier

Big shock here - MSNBC's Rachel Maddow agrees with the White House, which is the Fox News Channel is not really a news organization.

Sarcasm aside, on her Oct. 23 MSNBC program, Maddow attempted to justify the Obama administration's tack over recent months with Fox News. She laid out a series of events over the past few days that indicated an escalation of the feud between Fox News and the White House, specifically an effort to exclude Fox News from the White House pool.

"Well yesterday the White House said that Fox would not be among the networks invited to interview Ken Feinberg in one of these round-robin pool interviews and the other networks came to Fox's defense," Maddow reported. "They said they would bow out of interviewing Mr. Feinberg's themselves unless Fox was included, so Fox was included."

Additional Video Below Fold

Media Correct on Violence? Ron Paul Warns of Ill-Effects from Dollar Crisis Triggered by Israeli Strike on Iran

Scary times ahead? Perhaps, if you take credence in what Rep. Ron Paul, R-Texas, says.

Paul, who had a strong grassroots following during the 2008 presidential election, explained on Glenn Beck's Sept. 30 radio program that perilous times lie ahead due to the Federal Reserve's loose monetary policy. Host Glenn Beck asked if voices on the left, including the left-wing media, were right - would there be violence and is this an effort to pin it on the conservative movement. 

Beck began by asking how an Israeli strike against Iran might trigger problems with the American financial system.

MSNBC's David Shuster Badgers Ron Paul: 'Even You' Won't Slam Rush

"1600 Pennsylvania Avenue" host David Shuster on Tuesday repeatedly pestered Texas Congressman Ron Paul to publicly attack Rush Limbaugh and seemed frustrated when "even" the outspoken representative wouldn't give him what he wanted. After wondering "why it's so difficult" for Republicans to disagree with the talk show host's assertion that he wants Barack Obama's policies to fail, Shuster repeated the same question over and over. He complained, "How can we have that argument [about other issues], when even you, Ron Paul, are not willing to take this opportunity to say when Rush Limbaugh says that every Republican wants President Obama to fail, Rush Limbaugh is wrong?"

He continued, "How can we have the next conversation if you're not willing to have that first one?" Paul, refusing to allow Shuster to guide the debate, snapped back, "Because you want to control the semantics and the definitions." He added, "And, you know, in the media you like to personalize and then have a fight going on and that's the way politics works." The conversation didn't seem to be going the way Shuster had intended. Later, he derided, "It just seems, congressman, like so many Republicans are terrified of Rush Limbaugh. We're just trying to explore that."

Bill Maher's Recovery Plan: Legalize Pot and Execute 'Two Random Rich, Greedy Pigs' at the Super Bowl

On the 2009 debut of his HBO show Real Time on Friday night, Bill Maher proposed his new solution for the economic crisis: legalize marijuana. In an interview with Rep. Ron Paul, he lectured: "When FDR came into office in '33, one of the first things he did was repeal Prohibition. He said we can’t afford this any more."

Paul was puzzled, so Maher continued: "When he was making radical changes, he said ‘look, we’re serious now. We’re gonna get serious, and people like liquor." Well, in this country, people love pot...[applause]...and if we ended that Prohibition, it’d be a giant boon of money."

He had an utterly straight face, no smirk. Paul denounced all the drug laws to such effect that Maher went back to joking. "Amen, stoner," he said to Paul.

Maher ended his show with another stirring solution to the financial crisis: executing two random rich guys to set an example: "If we killed two random, rich greedy pigs; blew them up at halftime at next year’s Super Bowl. Or left them hanging on the big board at the New York Stock Exchange, you know, as a warning, with their balls in their mouths, I think it would really make everyone else sit up and take notice."

NewsBusted 147

Topics in this episode: Hillary Clinton gains back some much-needed momentum and also complains it's harder to run for president as a female than as a minority male. Barack Obama on the Sermon on the Mount, Ron Paul finally moves to drop his campaign for president and more!

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Shuster Says: Huckabee Next President

See Update at foot: Could it be Jeb?

Bona fide prediction, or devious three-dimensional-chess-move-cum- double-bank-shot-jujitsu gambit designed to sow chaos in Republican ranks? Hard to say, but one thing is undeniable: MSNBC correspondent David Shuster has predicted that Mike Huckabee will be the next President of the United States.

The surprising prognosis came at the end of an interesting pundits roundtable [presumably recorded over the weekend] that took the place of Morning Joe's regular live programming this Christmas Eve morning. Wrapping things up, host Joe Scarborough went around the horn, soliciting predictions from his guests.

View video here.

Whoopi and Joy Spar Over Huckabee Christmas Ad

"The View"co-hosts discussed the Mike Huckabee Christmas ad when Joy Behar moved to quote Ron Paul, ideologically libertarian, whom Behar calls "a very staunch Republican," who quoted Sinclair Lewis: "When Fascism comes to the country, it will be wrapped in the flag, carrying a cross."When they played the advertisement, Behar moaned "we don’t have to listen to him do we?"

Whoopi Goldberg, who previously defended Georgia Governor Perdue for holding a prayer service, defended Huckabee’s ad claiming "if he wasn’t a Christian, I don’t think people would be as freaked out by it." Whoopi also defended those who wish to proclaim Merry Christmas.

KEYS: Do you think it matters? Well, well, do you think it matters?

Joy and Whoopi Grill Ron Paul Over Abortion

Congressman and presidential candidate Ron Paul’s December 4 appearance on "The View" did not lead to the predictable agreement between Joy Behar and Whoopi Goldberg on Iraq, but a very strong disagreement over abortion. Whoopi Goldberg, who previously boasted about marching in a NARAL rally with Katie Couric, alluded to her confrontation with Elisabeth Hasselbeck asserted without doubt that "nobody makes this decision lightly."

Co-host Joy Behar occupied most of the segment attacking Paul’s abortion position. Though Behar admitted she believes killing a child immediately before birth is "murder" she asked "what about the first month?" and about the "mental state" or "health" line that many partial birth abortion apologists use.

The NewsBusters Weekly Recap: November 10 to 16

The Oil Prices That Stole Christmas

On Tuesday, "Good Morning America" reporter Bianna Golodryga hyperventilated about high gas prices and highlighted a man who alleged that the cost of fuel is keeping him from going to church and that it could ruin Christmas. Golodryga piled on, suggesting that some Americans would be forced to eat "cheaper foods" such as pasta and peanut butter instead of fruits and vegetables.

The Media's Favorite Billionaire

Only a few days later, Golodryga, who covers business and economic issues for GMA, proved her journalistic independence by gushing over liberal billionaire Warren Buffet, or "Robin Hood," as she called him. While Golodryga lobbied for holding on to the death tax (or, as she called it, the estate tax), co-host Diane Sawyer rhapsodized over how Buffet is battling "on behalf of fairness in taxes." (The leftist billionaire has claimed recently that he pays less taxes, percentage-wise, than his receptionist.)

CBS’s Schieffer: Limited Government Is ‘Anti’ Government

In an interview with obscure Republican presidential candidate Ron Paul on Sunday’s "Face the Nation," host Bob Schieffer asked the Texas Congressman: "What is it that you see that the government ought to do besides deliver the mail?" This followed Schieffer’s description of Paul’s limited government philosophy:

Well, let me -- I want to just get your take on what you think the government ought to do. You've already said your anti-war. We know you're anti-abortion. You're anti-drug administration. You're anti-Medicare. I wrote all this down. Let's see. You're anti-income tax. You want to do away with that. You're anti-United Nations. You're anti-World Bank. You're anti-International Monetary Fund. And there must be some other things that you're against.

Chris Matthews Advances 'No Blood For Oil' Agenda in GOP Debate

Chris Matthews couldn't help himself during the GOP debate in Michigan, as he returned to his "No blood for oil," rant, when he essentially asked Republican candidates if they thought the U.S. would have invaded Iraq if it didn't need the oil. On CNBC's live coverage of Tuesday's Republican debate the "Hardball" host asked Ron Paul the following:

"Congressman Paul would you, would we have gone to war in Iraq if we weren't so dependent on Middle East oil?"

Matthews then repeated that same question to Sam Brownback:

"Do you believe that, Senator Brownback, that we would've gone to war in Iraq if we weren't so dependent on Middle East oil?"