Rep. Ron Paul (R-TX) comments on yesterday’s FOMC meeting that resulted in a continued pledge by the central bank to keep interest rates low for “an extended period”.

At about the three minute mark, there’s a brief discussion of the Fed’s alleged involvement with Saddam Hussein and Watergate that Fed chief Ben Bernanke termed “bizarre” and then they go on to talk about the new financial market regulation bill that, not surprisingly, Paul doesn’t think too much of as it give even more power to the Fed.