1. QUOTE from:
    Ron Paul's Battle for Financial Sanity
    View quote in context »
    Dr. Paul does not regard Greenspan as the smartest of the Fed Chairmen he met. "I had the most interaction with [Paul] Volcker. He was more personable and smarter than the others, including the more recent board chairmen Alan Greenspan and Ben Bernanke" (p.48). For Bernanke, it is clear that Dr. Paul has a deep distaste. Full Article at The Market Oracle
    I had the most interaction with [Paul] Volcker. He was more personable and smarter than the others, including the more recent board chairmen Alan Greenspan and Ben Bernanke
    SOURCE: The Market Oracle 2 months ago
All quotes from:
Ron Paul's Battle for Financial Sanity
  1. So when Bernanke quickly refuses to give us information about the trillions of dollars of credit that he recently passed out in the bailout process because that would be ‘counterproductive,’ he is really saying, ‘It’s none of your business.’
    SOURCE: The Market Oracle 2 months ago
  2. I had the pleasure of hearing Hayek lecture in Washington, around 1980. Following that meeting, we had a private dinner together and spent several hours visiting.
    SOURCE: The Market Oracle 2 months ago
  3. I discovered the writings of economists such as Ludwig von Mises, F.A. Hayek, Murray N. Rothbard, and Hans F. Sennholz. I gradually found the answers I had been searching for. Even for the experts, it literally took centuries to fully understand the nature of money and the business cycle.
    SOURCE: The Market Oracle 2 months ago
  4. You are not authorized to carry out this operation
    SOURCE: The Market Oracle 2 months ago
  5. in the absence of the gold standard, there is no way to protect savings from confiscation through inflation. . . The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists’ tirades against gold...
    SOURCE: The Market Oracle 2 months ago
  6. I [Greenspan] think that you will find. . .that the most effective central banks in this fiat money period tend to be successful largely because we tend to replicate that which would have probably have occurred under a commodity standard in general.
    SOURCE: The Market Oracle 2 months ago

Recent Photos From The Wire

  1. TOKYO - DECEMBER 06: Ryo Ishikawa of Japan poses after securing the 2009 top prizewinner after the final round of Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan. Ishikawa became the youngest prizewinner at the age of eighteen.
  2. Visitors look at a poster of a tidal wave hitting a village during the Green Festival to promote awareness on global warming, in Jakarta December 6, 2009. In the Danish capital Copenhagen, delegates from 190 nations were gathering for the start of a December 7-18 meeting, the biggest U.N. climate talks in history aimed at working out a new pact to curb global warming, replacing the 1997 Kyoto Protocol.
  3. TOKYO - DECEMBER 06: Shigeki Maruyama of Japan reacts after sinking the winning putt on the 18th hole during a playoff of the final round of the Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan.
  4. A North Korean military guard post (bottom L) and a village in Kaepoong county on the north side of the demilitarized zone (DMZ) separating the two Koreas are seen in this picture taken from south of the DMZ in Paju, about 50 km (31 miles) north of Seoul December 6, 2009. Paranoid and reclusive North Korea will try to defend what groups and governments see as a systemic abuse of human rights in the country when it faces unprecedented questioning at the United Nations on Monday.
  5. TOKYO - DECEMBER 06: Shigeki Maruyama of Japan plays an approach shot on the 18th hole during a playoff of the final round of the Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan.
  6. TOKYO - DECEMBER 06: Ryo Ishikawa of Japan plays an approach shot during the final round of Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan.
  7. TOKYO - DECEMBER 06: Shigeki Maruyama reacts after sinking the winning putt on the 18th hole during a playoff of the final round of the Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan.
  8. Visitors stands in front of a poster portraying a forest fire during the Green Festival to promote awareness about global warming, in Jakarta December 6, 2009. In the Danish capital Copenhagen, delegates from 190 nations were gathering for the start of a December 7-18 meeting, the biggest U.N. climate talks in history aimed at working out a new pact to curb global warming, replacing the 1997 Kyoto Protocol.
  9. TOKYO - DECEMBER 06: Brendan Jones of Australia chips onto the green during the final round of Nippon Series JT Cup at Tokyo Yomiuri Country Club on December 6, 2009 in Tokyo, Japan.
  10. Hong Kong's Ng Sum Chun and Lam Wai Yi (R) compete in the Latin American dance Samba event during the East Asian Games in Hong Kong December 6, 2009.
  11. LMFAO performs at KIIS FM's Jingle Ball 2009 in Los Angeles December 5, 2009.
  12. A labourer drinks water as smokes rise from a chimney of a brick factory at Togga village on the outskirts of the northern Indian city of Chandigarh December 6, 2009. India set a goal on Thursday for slowing the growth of its greenhouse gas emissions, the last major economy to offer a climate target four days before the start of U.N. talks on combating global warming.
  13. New recruits of the Indian paramilitary Border Security Force take an oath during the passing out parade ceremony in Humhama, on the outskirts of Srinagar, India, Sunday, Dec. 6, 2009. 665 recruits formally inducted into the BSF, will join Indian soldiers fighting separatist Islamic guerrillas in Kashmir to help end an insurgency that started in 1989.
  14. New recruits of the Indian paramilitary Border Security Force march during the passing out parade ceremony in Humhama, on the outskirts of Srinagar, India, Sunday, Dec. 6, 2009. 665 recruits formally inducted into the BSF, will join Indian soldiers fighting separatist Islamic guerrillas in Kashmir to help end an insurgency that started in 1989.
  15. A new recruit of the Indian paramilitary Border Security Force shouts an order during the passing out parade ceremony in Humhama, on the outskirts of Srinagar, India, Sunday, Dec. 6, 2009. The 665 recruits formally inducted into the BSF, will join Indian soldiers fighting separatist Islamic guerrillas in Kashmir to help end an insurgency that started in 1989.
  16. New recruits of the Indian paramilitary Border Security Force look on during the passing out parade ceremony in Humhama, on the outskirts of Srinagar, India, Sunday, Dec. 6, 2009. 665 recruits formally inducted into the BSF, will join Indian soldiers fighting separatist Islamic guerrillas in Kashmir to help end an insurgency that started in 1989.
  17. Wong Mew Choo of Malaysia poses during the prize presentation after winning her final match against Juliane Schenk of Germany at the Badminton World Super Series Masters Finals in Johor Bahru, southern Malaysia, Sunday, Dec. 6, 2009. Wong won 21-15, 21-7.
  18. Wong Mew Choo of Malaysia, right, is congratulated by her coach Misbun Sidek following her winning against Juliane Schenk of Germany during their final match at the Badminton World Super Series Masters Finals in Johor Bahru, southern Malaysia, Sunday, Dec. 6, 2009. Wong won 21-15, 21-7.