The president took to Twitter this morning to make a claim that doesn’t hold any water about the economy and the media. At a time when a serious recession inches closer and closer, political posturing should take a back seat. The Federal Reserve is the culprit. It creates the bubbles and the unavoidable busts.

The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org