Complete video at: http://fora.tv/2009/06/24/Ron_Paul_Bringing_Transparency_to_the_Federal_Reserve Representative Ron Paul (R-TX) condemns the bailout of GM, arguing that the automaker should have been allowed to go bankrupt and its assets bought up on the open market. ----- The Cato Institute hosts a discussion on increasing the public transparency of the Federal Reserve featuring Rep. Ron Paul (R-TX); with comments by Gilbert Schwartz, Partner, Schwartz & Ballen LLP, Former Associate General Counsel, Federal Reserve; and Bert Ely, President, Ely & Company, Inc. Moderated by Mark Calabria Director, Financial Regulation Studies, Cato Institute. - Cato Institute Ronald Ernest Paul is a Republican United States Congressman from Lake Jackson, Texas, a physician, a bestselling author, and a former 2008 U.S. presidential candidate.
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