So THAT’S Why Congressman William Clay Behaved Like Such a Liar and a Buffoon at Ron Paul’s Fed Hearing

He’s  literally bought and paid for by the banksters, as Robert Wenzel’s research shows in his LRC article today.  Here’s who bankrolls this jackass’s political career:

National Association of Realtors (Probably the greatest beneficiary of Fed inflation)

National Auto Dealers Association (Another beneficiary of Fed inflation)

Bank of America

Jones Financial Companies

Republic Finance

National Association of Insurance and Financial Advisors

Berkshire Hathaway

Independent Community Bankers of America

Columbia Capital Management

Commerce Bankshares

Checksmart Financial

HSBC Holdings

Congressman William Clay denounced Republicans  in his opening statement for warning that the Fed’s issuance of additional trillions in currency might reduce the value of the dollar. Clay adamantly denied such a possibility, contrary to the belief not only of Republicans in Congress but also of everyone who has seriously studied economics over the past several hundred years.

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7:05 am on February 11, 2011