Tuesday, October 18, 2011

Rand Paul Grills Geithner

Rand Paul got to question Treasury Secretary Geithner at a hearing today. Senator Paul does a great job of working in some Austrian Theory on interest rates and grilling Geithner on why interest rates are not left up to the markets. Too bad he only had 5 minutes.

4 comments:

  1. Rand is arguing for less tax loopholes. I have to say "yuck". There's a lot to like about Rand, but he's not his Dad.

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  2. Would you comment on the Fed's supposed lack of control of long rates?

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  3. I knew it would come down to Geithner saying that low interest rates were a consequence of a savings glut. Too bad Rand Paul didn't counter it.

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  4. Best thing would be to ask Geithner to "prove it".

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