Posts in "scandal"

Dustin Reid's picture
By Dustin Reid at 7:06AM

Bernanke gives Paul the "Idiot Treatment" (Watergate Payoffs)

paulbernanke

From History News Network:

After Ron Paul raised questions about possible past Federal Reserve misdeeds including allegations of involvement in Watergate payoffs, Ben Bernanke answered smugly: "These specific allegations you've made, I think are absolutely bizarre."

The crowd reflexively laughed at Dr. No's perceived looniness and pundits have already depicted his concerns as "wild" and "odd."

Well, it seems that Paul may have been onto something...or at the very least raised legitimate questions that deserve investigation. A few minutes on Google news produced this 1982 story from theMilwaukee Sentinel by Richard Bradee of the paper's Washington Bureau:

"Police who searched the room the Watergate burglars used found $4,200 in $100 dollar bills, all numbered in sequence. Proxmire asked the Federal Reserve Board where the money came from. As he explained in a letter to the late Rep. Wright Patman (D-Tex.), chairman of the House Banking Committee: "I got the biggest run-around in years. They ducked, misled, lied, and gave me the idiot treatment."
Preston Mui's picture
By Preston Mui at 7:29PM

Tracinski: ClimateGate "the scandal of the century."

If you haven't heard, some e-mails recently surfaced revealing that certain climate researchers took active steps to suppress climate research skeptical of global warming:

In another, Jones and Mann discuss how they can pressure an academic journal not to accept the work of climate skeptics with whom they disagree. "Perhaps we should encourage our colleagues in the climate research community to no longer submit to, or cite papers in, this journal," Mann writes.

"I will be emailing the journal to tell them I'm having nothing more to do with it until they rid themselves of this troublesome editor," Jones replies.

Robert Tracinski puts it best:

The damage here goes far beyond the loss of a few billions of taxpayer dollars on bogus scientific research. The real cost of this fraud is the trillions of dollars of wealth that will be destroyed if a fraudulent theory is used to justify legislation that starves the global economy of its cheapest and most abundant sources of energy.

This is the scandal of the century. It needs to be thoroughly investigated-and the culprits need to be brought to justice.