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Rep. Ron Paul (R-Texas) made "absolutely bizarre" allegations about the Federal Reserve's involvement in Iraqi weapons deals and the Watergate scandal, chairman Ben Bernanke said Wednesday.

When Ron Paul brandished a Silver Circle “Rebel Round” in Ben Bernanke’s face during a House Financial Services Committee hearing it was an unprecedented marketing win for us.

We produce the Rebel Rounds both as a replica of the coins minted by the Rebels in the Silver Circle movie and as an investment or barter currency for those real world Rebels who understand the economics of fiat paper. But we could never have predicted the boom in sales that immediately followed Ron Paul’s indirect endorsement.

Here's a little irony in the House GOP sweep: The next chairman of the monetary policy subcommittee -- overseeing the Federal Reserve?

None other than Ron Paul (R-Texas), who'd just as soon abolish the Fed.

Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination of appointment calendars and congressional disclosure forms. The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials.

Congressman Ron Paul (R-Texas) confronts Fed Chairman Ben Bernanke on monetary policy, and says that Fed policy has not helped to stabilize the economy over the last 30 years or so. Paul asks how the Fed can manage monetary policy if it doesn't have a definition for a dollar. And, he adds, gold is the true long-term measurement of value.

November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery.

In a July 13, 2011 exchange between Rep. Ron Paul and Fed Chairman Ben Bernake, Dr. Paul asks whether or not Bernanke believes gold is money. After a short pause, Bernanke answers "no," claiming that central banks only hold gold because of tradition.

House Financial Services chairman-elect Spencer Bachus, an Alabama Republican, has chosen Paul to lead the panel’s domestic monetary policy subcommittee when Republicans take the House majority next month, the committee chairman said today.

Our financial rulers were so intoxicated with the fumes of their own omnipotence that they failed abjectly as regulators, as public servants and, most certainly, as gods.