December 2012
Beginner
593 pages
13h 59m
English
Content preview from From Financial Crisis to Recovery (Collection)Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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3. Outside the Monetary Box
“Well, Congressman, these specific allegations you’ve made I think are absolutely bizarre, and I have absolutely no knowledge of anything remotely like what you just described.”1 Federal Reserve Chairman Ben Bernanke was clearly taken aback by questioning from Texas Congressman Ron Paul. Paul had asked if Bernanke knew whether the Federal Reserve had provided funds to the Watergate burglars and illegally funneled billions of dollars in loans to Iraq’s Saddam Hussein.
The allegations were fantastical, but they came from a U.S. Congressman, who mustered significant support in his subsequent run for the Republican presidential nomination. Much of Paul’s stump speech focused on the Fed, and what he claimed was the central ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.