Welcome to PatsFans.com

Ron paul Rebuffed on Fed Audit

Discussion in 'Political Discussion' started by IcyPatriot, Jul 9, 2009.

  1. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    39,692
    Likes Received:
    761
    Ratings:
    +2,016 / 42 / -31

    #24 Jersey

    Okay ... where to begin on this ... lots of links to the topic as the Senate rebuffs the idea. So i picked this article ... pro-business and anti Ron because it was from actual testimony ... if you care to read it.

    Don't Pass Ron Paul's "Audit The Fed" Bill

    A few lines over the rule ... perhaps Patters will ignore this one time.;)
     
    Last edited: Jul 9, 2009
  2. maverick4

    maverick4 Banned

    Joined:
    Jan 17, 2005
    Messages:
    7,662
    Likes Received:
    17
    Ratings:
    +17 / 0 / -0

    The federal government is like Enron, Worldcom, and Madoff... without any auditing.
     
  3. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    39,692
    Likes Received:
    761
    Ratings:
    +2,016 / 42 / -31

    #24 Jersey


    not really ... with all our debt we are being audited ... by China, Japan and the Middle East. This is why we are printing more money ... we are a smaller percentage of their basket.
     
  4. maverick4

    maverick4 Banned

    Joined:
    Jan 17, 2005
    Messages:
    7,662
    Likes Received:
    17
    Ratings:
    +17 / 0 / -0

    The Fed stopped publishing a lot of regular public data, like 4 years ago?

    They don't want anyone to know how much money they've flooded into the system.
     
  5. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

    Joined:
    Feb 5, 2008
    Messages:
    2,257
    Likes Received:
    7
    Ratings:
    +7 / 0 / -0

    Right off the bat, I'm gonna say the Fed needs to be Audited.

    However, do I feel any better letting a congress that seem incapable of doing anything worthwhile for our country be the person to wrangle them in?

    I seriously have lost all faith in elected politicians to do anything remotely worthwhile and anything that actually resonates with the american people that I feel this will just be another layer of government policy that government doesn't know how to handle properly.

    With all that said, I can not support an unelected group of power brokers to be in charge of the single most important facet of our country, without rules, without transparency, and with no accountability other than to private, unaccountable people.
     
  6. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

    Joined:
    Feb 5, 2008
    Messages:
    2,257
    Likes Received:
    7
    Ratings:
    +7 / 0 / -0

    Last edited: Jul 10, 2009
  7. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    39,692
    Likes Received:
    761
    Ratings:
    +2,016 / 42 / -31

    #24 Jersey


    Way cool mcgraw ... good article (commentary). ;)
     
  8. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

    Joined:
    Feb 5, 2008
    Messages:
    2,257
    Likes Received:
    7
    Ratings:
    +7 / 0 / -0

    Thanks!!! I really enjoyed writing it and researching it, I'm really digging taking my energy for ranting on a message board and turning it into something like a liberty journal... something I can write down my thoughts and observations. Glad you enjoyed it.
     
  9. NEPatriot

    NEPatriot Banned

    Joined:
    Dec 14, 2004
    Messages:
    7,836
    Likes Received:
    11
    Ratings:
    +11 / 0 / -0

    WRAPUP 1-Kohn warns Congress on meddling in Fed's affairs | Markets | Markets News | Reuters

     
  10. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

    Joined:
    Feb 5, 2008
    Messages:
    2,257
    Likes Received:
    7
    Ratings:
    +7 / 0 / -0

    Because cheap credit is working so well? And no one fear inflation right now...

    The market needs a correction, plain and simple, it's going to happen the hard way, or the easy way. The easy was is to let a free market set interest rates, and the hard way is to burst the deficit through the roof desperatly trying to hold on to circa 2000 living expectations.
     

Share This Page

unset ($sidebar_block_show); ?>