Wednesday, February 09, 2011 1:49 PM

Ron Paul slams Fed’s bond-buying program; Political Pressure on Fed Mounts

MarketWatch reports Paul slams Fed’s bond-buying program http://www.marketwatch.com/story/rep-ro ... _news_stmp

Outspoken Federal Reserve critic Rep. Ron Paul, R-Texas, slammed the central bank’s latest $600 billion bond-buying program on Wednesday, saying it and near-zero interest rates haven’t led to job creation in the United States.

“Over $4 trillion in bailout facilities and outright debt monetization, combined with interest rates near zero for over two years, have not and will not contribute to increased employment,â€