As ECN reported, National Inflation Association was accused by Peter Schiff of perpetrating a pump and dump stock scam on its members. Several weeks ago Schiff alleged there was a National Inflation Association Scam when he received in his inbox a letter from NIA promoting the penny stock Mega Precious Metals (MGP). Now George Hemminger […]
Archives for June 2011
Ron Paul Questions Federal Reserve Lawyers
[sc name=”adsense-336×280-top”] Congressman Ron Paul, Chairman of the House Financial Services subcommittee on Domestic Monetary Policy, had an interesting exchange with two Fed lawyers at a June 1st hearing entitled “Federal Reserve Lending Disclosure: FOIA, Dodd-Frank, and the Data Dump.” The congressman criticized the Fed’s use of the term “independence” as a front for what […]