
 |
The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014
Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology
John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain
The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious
April 14, 2014
Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time
Eric Schulzke: First degree: How America really recovered from a murder epidemic
Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships
Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin
Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate
Justin Caba: Eating Watermelon Can Help Control High Blood Pressure
April 11, 2014
Rabbi Hillel Goldberg: Silence is much more than golden
Susan Swann: How to value a child for who he is, not just what he does
Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer
Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You
April 9, 2014
Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?
Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease
April 8, 2014
Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease
Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear
April 4, 2014
Amy Peterson: A life of love: How to build lasting relationships with your children
John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet
John Ericson: Why 50 million Americans will still have spring allergies after taking meds
Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves
April 2, 2014
Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?
Frank Clayton: Get happy: 20 scientifically proven happiness activities
Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene
|
| |
Jewish World Review
July 19, 2012/ 29 Tammuz, 5772
Ron Paul, fed up
By
Dana Milbank
http://www.JewishWorldReview.com |
Ron Paul ran for president three times, served nearly a quarter-century in Congress, spawned a national movement and saw his son elected to the Senate.
But in his singular objective — to “End the Fed,” as the title of his book put it — the libertarian obstetrician from Texas failed. He didn’t even make a dent in it. In a valedictory Wednesday before Federal Reserve Chairman Ben Bernanke and his colleagues on the House Financial Services Committee, Paul raised the white flag. “Policies never change. . . . No matter what the crisis is, we still do more of the same,” he lamented in what probably was his last public appearance with Bernanke before retiring from Congress at the end of the year. “I hoped in the past to try to contribute to the discussion on monetary policy, the business cycle and why it benefits the rich over the poor. And so far, my views have not prevailed, but I’ve appreciated the opportunity.” For the fiery Paul, it was a subdued surrender. His colleagues — Democrats and Republicans alike — used this final hearing to honor Paul for his passionate service, treating him with the cautious affection one might use to address a crazy uncle. “This may be his last committee meeting with the chairman of the Federal Reserve,” Chairman Spencer Bachus (R-Ala.) began. “And his leadership on the committee, especially during these hearings when we’ve had the Federal Reserve chairman appear before us, have certainly made the hearings more interesting and provided several memorable YouTube moments.” Many on the dais laughed, and even Bernanke smiled at the memory. There was, for example, a clip from February in which Paul informed Bernanke that “the record of what you’ve done in the last six years is destroy the value of real money, of paper money.” Paul instead touted the value of an illegal “parallel” currency and invoked the late Austrian economist Friedrich August von Hayek. “Good to see you again, Congressman Paul,” Bernanke replied. Then there was the hearing last July, when Paul hectored the Fed chairman for claiming that gold wasn’t a form of money. On Wednesday, about 80 men in their 20s — Ron Paul acolytes — lined up outside the hearing room for a chance to see more of the same. But Paul faded away with surprising deference. “I have over the years obviously been critical of what goes on on monetary policy, but it hasn’t been so much the chairman of the Federal Reserve — whether it was Paul Volcker or Alan Greenspan or the current chairman,” he explained. “I think they have a job that they can’t do because it’s an unmanageable job.” The one substantial challenge to Bernanke — Paul’s “audit the Fed” bill, which the House is expected to approve next week before it dies in the Senate — was easily dispatched by the Fed chairman, who warned against injecting congressional politics into the staid field of monetary policy. Even Bachus distanced himself from the Paul bill, pointedly noting that it “did not come before the Financial Services Committee, which surprised me.” Paul didn’t really argue with Bernanke; he used his time to deliver mini-lectures. In his first five-minute question period, he outspoke Bernanke eight words to one. Paul then got a second question period, yielded to him by Rep. Walter Jones (R-N.C.) in a development the chairman drolly described as “pleasantly unexpected.” The Paul to Bernanke word ratio this time was 12 to 1. Bernanke, arms folded in front of him, declined to be provoked. “There’s no constitutional reason why Congress couldn’t just take over monetary policy,” he said. “But I’m advising you that it wouldn’t be very good from an economic policy point of view.” Other than making this inarguable assertion — why would it be a good idea to give Congress another duty that it can mishandle? — the Fed chairman listened patiently to Paul, who took off his reading glasses, waved an arm in the air and recited from his greatest hits: Crisis! Printing money! Flawed system! Big government! He led Bernanke on a tour from the Bretton Woods agreement of 1945 to the latest developments in M1 and M2 money supply. But ultimately, the congressman accepted that he would leave town with the Fed still alive and well. “We never change policy. We never challenge anything. We just keep doing the same thing,” he lamented. “Congress keeps spending the money. Welfare expands exponentially. Wars never end.” At this point, the committee chairman cut him off. Paul’s time had expired.
Every weekday JewishWorldReview.com publishes what many in Washington and in the media consider "must reading." Sign up for the daily JWR update. It's free. Just click here.
Comment on Dana Milbank's column by clicking here.
Previously:
• 07/17/12 The rotten results of one-party rule
• 07/11/12 The missing giants of the Senate
• 07/09/12 Representative Gaffe
• 07/02/12 The umpire strikes back
• 06/25/12 Norquist delivers the GOP's marching orders
• 06/19/12 The left, feeling left out
• 06/18/12 Skip the falsehoods, Mr. President, and give us a plan
• 06/15/12 The Wall Street Senate
• 06/13/12 Jeb Bush's heresy
• 06/12/12 Pileup at the White House
• 06/11/12 Obama's fate could be in Europe's hands
• 06/04/12 Welcome to Camp Competitive
• 05/31/12 Digging a racial grave
• 05/30/12 A new conspiracy theory: Is Romney a unicorn?
• 05/29/12 Do Republicans really want to clone one for the Gipper?
• 05/24/12 Obama's protectors are under the microscope
• 05/22/12 Obama's Old World mess: Allies are coming up short at a key moment
• 05/16/12 Where have all the candidates gone?
• 05/15/12 Barack Obama, the first female president
• 05/14/12 Irrationality wins: Voter cure for Congress's failures will likely backfire
• 05/08/12 Obama's marriage mess: His advisers scramble to clean up his 'evolution'
• 05/07/12 Taking out Dick Lugar
• 05/03/12 Gingrich may have ended campaign, but he will remain out of this world
• 05/02/12 Our do-almost-nothing Congress
• 05/01/12 President Obama, campaigner in chief
• 04/25/12 Romney's immigration Etch a Sketch
• 04/23/12 A congressional deal on immigration? Dream on
• 04/19/12 Dems battle back against Republican 'war on women'
• 04/18/12 Debauchery: An American govermental specialty
• 04/17/12 Silent witness
• 04/12/12 Rebuffing Obama's gimmicky 'Buffett Rule'
• 04/11/12 Santorum's Gettysburg surrender
• 04/09/12 The facts vs. Mitt Romney
• 04/06/12 Mitt Romney, talking to the press, keeps the press at a distance
• 04/05/12 From tracking al-Qaeda to tracking the wayward spouse
• 04/04/12 Budget cuts as back-door deregulation
• 03/26/12 My pet Mitt
• 03/22/12 Mitt Romney's latest gaffe may be etched in history
• 03/20/12 Supreme Court conceives of life after death
• 03/15/12 Conservative for Obama: The British PM as campaign prop
• 03/14/12 In Section 60, a silent search for meaning
• 03/13/12 Super Friends, unite
• 03/12/12 It's time to believe: Romney's a winner
• 03/07/12 Settling in to Washington's ways
• 03/06/12 AIPAC beats the drums of war
• 03/05/12 Did Republicans forget the women's vote?
• 02/29/12 Mitt Romney's acceptance speech, in (mostly) his own words
• 02/28/12 Common ground becomes a great divide
• 02/27/12 An expert witness for the GOP gender gap
• 02/21/12 Where Romney shines
• 02/15/12 A Republican death wish?
• 02/14/12Obama's budget games
• 02/13/12 Are GOPers playing right into Obama's hands?
• 02/08/12 Obama pumps the compressor of Joe Hudy's Extreme Marshmallow Cannon
• 02/07/12 Abramoff's atonement
• 02/01/12 Why we in the media just love Newt
• 01/31/12 The end of the road for Newt Gingrich?
• 01/25/12 Gingrich is Obama's best surrogate
• 01/24/12 Tim Pawlenty, Mitt Romney's attack dog
• 01/16/12 Mitt Romney's Al Gore problem
• 01/12/12 Kamikaze Gingrich, on the loose in South Carolina
• 01/11/12 Journalists' campaign trail secrets revealed
• 01/10/12 Mitt Romney's money problem
• 01/09/12 Newtonian exceptionalism
• 01/05/12 Mitt Romney out of control
• 01/04/12 Indecision 2012: In Iowa and the GOP
• 01/03/12 Rick Santorum's curious closing argument
• 12/28/11 A few cracks in my crystal ball
• 12/23/11 A few cracks in my crystal ball
• 12/20/11 Strange brews and views?
• 12/19/11 Cellphone ban would be a distraction
• 12/15/11 Harry Reid, Mitch McConnell and the Malfunction Minuet
• 12/14/11 The presidential auction of 2012
• 12/12/11 Newt's tactics comes back to haunt him
• 12/06/11 Can an anthem save Occupy non-movement?
• 12/05/11 The winner of the GOP campaign: Washington
• 11/30/11 Barney the bully: Congressman Frank's other legacy
• 11/23/11 Jon Kyl's search-and-destroy mission
• 11/21/11 Pay to play, brought to you by Washington
• 11/17/11 Big enough to save the supercommittee?
• 11/16/11 Why Newt Gingrich won't last
• 11/08/11 The 2012 campaign gets seedier
• 11/06/11 A Machiavellian model for Obama
• 11/03/11 The Herman Cain crack-up
• 11/01/11 Cain can --- he will survive
• 10/27/11 Stuntmen of the supercommittee
• 10/26/11 Democrats on the sidelines
• 10/24/11 Rick Perry's birther Parade
• 10/24/11 The birthers eat their own
• 10/19/11 The GOP's middle man
• 10/17/11 The waiting for nothing Congress
• 10/12/11 Sparsely occupied D.C.: Why the movement hasn't caught on
• 10/10/11 Can Obama strike an alliance with Occupy Wall Street?
• 10/06/11 Chris Christie, such a presidential tease
• 10/05/11 Obama and his foot soldiers go toe to toe
• 09/28/11 Cain could deliver
• 09/26/11 Republicans? Mr. Nice Guys?
• 09/22/11 Why Ron Paul is winning the GOP primary
• 09/21/11 I am a job creator who creates no jobs
• 09/20/11 Obama launches a revolution
• 09/19/11 Dems for Romney?
• 09/14/11 ‘Supercommittee’? More than stupor committee
• 09/07/11 Mitt Romney finds his (corporate) voice
• 09/01/11 The infallible Dick Cheney
• 08/31/11 This liberal says Perry is the ultimate conservative candidate
• 08/29/11 Wanted: More bite from Obama the Great Nibbler
• 08/10/11 How Rep. Austin Scott betrayed his Tea Party roots
• 08/09/11 The most powerful man on Earth?
• 08/08/11 The FAA shutdown and the new rules of Washington
• 08/04/11 Lt. Col. Allen West fires a round at the Tea Party
• 08/03/11 Government on autopilot
• 08/02/11 Dems mourn debt deal like death
• 07/27/11 Life imitates sport
• 07/26/11 Obama and Boehner take on Washington
• 07/21/11 Why Americans are angry at Congress
• 07/20/11 The new party of Reagan
• 07/18/11 Rob Portman, the boring Midwesterner who could bring sanity to the debt debate
• 07/13/11 John Boehner's bind
• 07/04/11 Stephen Colbert, Karl Rove and the mockery of campaign finance
• 07/01/11 President Puts Up His Dukes, As He Ought To
• 06/28/11 Rod Blagojevich verdict: All shook up
• 06/27/11 Progressives voice their anger at Obama
• 06/24/11 Mission accomplished, Obama style
• 06/22/11 Jon Huntsman's first step toward oblivion
• 06/21/11 Scott Walker finds making bumper stickers is easier than creating jobs
• 06/20/11 A day of awkwardness with Mitt Romney
• 06/06/11 Hubris and humility: Sarah Palin and Robert Gates on tour
• 06/02/11 The Weiner roast
• 06/01/11 Congress clocks in to clock out
• 05/30/11 Hermanator II: No More Mr. Gadfly
• 05/24/11 How Obama has empowered Netanyahu
• 05/24/11 Pawlenty bends his truth-telling
• 05/20/11 Default deniers say it's all a hoax
• 05/18/11: Gingrich gives voice to moderation
• 05/17/11: Donald Trump and the House of Horrors
• 05/16/11: The medical mystery of Mitt Romney
• 05/12/11: The body impolitic: Schock photos should tempt lawmakers to cover up
• 05/10/11: Muskets in hand, tea party blasts House Republicans
• 05/09/11: The GOP debate: America -- and the party -- needs the grown-ups
• 05/05/11: Mitch Daniels, an alternative to scary
• 05/03/11: Obama's victory lap
• 05/02/11: How the journalist prom got out of control
• 04/28/11: Obama's birther day: Why did he lower himself by appearing in the briefing room?
• 04/27/11: Obama, lost in thought
• 04/24/11: Andrew Breitbart and the rifts on the right
• 04/22/11: Ten Commandments for 2012
• 04/21/11: Obama likes Facebook. Facebook likes Obama.
• 04/18/11: Without Nancy Pelosi, Obama is adrift
• 04/15/11: If progressives ran the world
• 04/14/11: Faith in political apostasy
• 04/13/11: One man's revolution is another's political expediency
• 04/11/11: Shutdown theatrics
• 04/06/11: Paul Ryan's irresponsible budget
• 04/05/11: Robots in Congress? Yes, we replicant!
• 04/04/11: Robert Gibbs, Facebook and the White House corporate placement service
• 04/01/11: Haley Barbour, the fat cats' candidate
• 03/31/11: Republican freshmen in House shut down compromise, and possibly the government
• 03/30/11: Coburn and Durbin, the dynamic duo of the debt crisis
• 03/28/11: The Obama doctrine: A gray area the size of Libya
• 03/24/11: Dems as Weiners
• 03/23/11: Obama's quick trip from tyrant to weakling
• 03/17/11: Who's afraid of Elizabeth Warren?
• 03/15/11: The underwear flap over Bradley Manning
• 03/10/11: In Senate's debt debate, talk isn't cheap
• 03/09/11: With Obama's new Gitmo policy, Administration officials had some 'splainin to do
• 03/02/11: Issa press aide scandal is like bad reality TV
• 02/25/11: Jay Carney: Mouthpiece for an inscrutable White House
• 02/14/11: The Donald trumps the pols at CPAC
• 02/09/11: Arianna Huffington's ideological transformation
© 2011, Washington Post Writers Group
|