Bob Corker on Auditing the Fed

[legion]

YouTube - Bob Corker: anti Tea Party, pro big government (http://www.youtube.com/watch?v=P7mH2euK_d4)

Please spread this to any Tennesseans you know.

[Mandrik]

What a giant turd. I want 44 seconds of my life back.

[South Park Fan]

Fuck him.

[Imperial]

So both Tennessee senators are against a fed audit?

Interesting...

[Kotin]

I am sure everyone here is aware that when they say it would be a catastrophe to get into the FED's business, it is true.. and out of the mouth of bernanke it is a threat that echoes Nicholas Biddle.


if we move forward against the Federal Reserve Cartel, things could get so very bad before they are ousted..

to think any of our douchebag public officials have the steadfastness of Jackson.. ugh.

[HOLLYWOOD]

anyone do a complete background check on their associations with the; banks, campaign contributions, and lobbyist?


A. Lamar Alexander (http://en.wikipedia.org/wiki/Lamar_Alexander) http://upload.wikimedia.org/wikipedia/commons/thumb/f/f6/Lamar_Alexander_official_portrait.jpg/100px-Lamar_Alexander_official_portrait.jpg (http://en.wikipedia.org/wiki/File:Lamar_Alexander_official_portrait.jpg) Republican January 3 (http://en.wikipedia.org/wiki/January_3), 2003 (http://en.wikipedia.org/wiki/2003) Incumbent United States Secretary of Education (http://en.wikipedia.org/wiki/United_States_Secretary_of_Education) <=== RINO NEOCON

Before the Iraq War (http://en.wikipedia.org/wiki/Iraq_War) began, Alexander supported sending troops to Iraq and expressed his agreement with President Bush that Iraq must be dealt with immediately.A year after the war began, Alexander stated that the Iraq War had provided "lessons" to the nation, but went on to say that American troops should not be withdrawn, saying "It would be even worse if we left before the job was done. In 2007, Alexander touted implementing the Iraq Study Group (http://en.wikipedia.org/wiki/Iraq_Study_Group) recommendations, noting that he believes Bush will be viewed as a Truman (http://en.wikipedia.org/wiki/Harry_Truman)-esque figure if he implements the Group's recommendations. Alexander has, however, opposed most efforts in the Senate to bring an end to the Iraq War or reduce the number of troops in Iraq, voting, for example, against an amendment to a bill that would have required that soldiers be given minimum periods of rest before being redeployed to Iraq.
Majority of campaign donations from Finance, Insurance, & Real Estate.
**Robert P. Corker (http://en.wikipedia.org/wiki/Bob_Corker) http://upload.wikimedia.org/wikipedia/commons/thumb/9/97/Bob_Corker%2C_official_Senate_photo%2C_09-21-07.jpg/100px-Bob_Corker%2C_official_Senate_photo%2C_09-21-07.jpg (http://en.wikipedia.org/wiki/File:Bob_Corker,_official_Senate_photo,_09-21-07.jpg) Republican January 3 (http://en.wikipedia.org/wiki/January_3), 2007 (http://en.wikipedia.org/wiki/2007) Incumbent Mayor of Chattanooga (http://en.wikipedia.org/wiki/List_of_Mayors_of_Chattanooga,_Tennessee)

Note a true republican intergerring in free markets: Tennessee Republican Senator] Bob Corker was a happy man." ... ""I cannot think of a more exciting day, even more so than Election Night, for me," the Republican senator from Tennessee said in a conference call that day (http://www.knoxnews.com/news/2008/jul/16/et-hoping-to-cash-in-on-chattanoogas-vw-plant/). The reason for his elation was the announcement that [German automaker] Volkswagen, lured by $500 million worth of incentives from the state government (corporate Welfare_, had agreed to build a $1 billion plant near Chattanooga, Tenn.

http://www.opensecrets.org/politicians/contrib.php?cycle=2010&cid=N00027441&type=I

On senate Banking committee

Senator Corker's 2008 Financial Disclosure: ALL 150 Pages of his ASSETS!
http://www.legistorm.com/showPdf/ls_disclosure-member-2008-annual-report-814.pdf

Most important note is Corker's 90 day extension in filing his 2009 disclosure by Dianne FeinStein which is due mid-AUG 2009. I'm curious to see what the hack sold and moved around with the financial turmoil going on. I betcha I can find Fiscal dirt on this Clown.

What a hypocrite: http://www.bobcorkerforsenate.com/News/Default.aspx?Article=93

http://www.chattanoogan.com/articles/article_78144.asp
Corker sells all his properties for millions at height of the market

2010 Campaign donations:

Retired: $837,234
Real Estate: $810,952
Securities & Investment: $579,952
Lawyers/Law Firms: $578,850
Health Professionals: $497,139
Leadership PACs: $492,775
Misc Finance: $464,071
General Contractors" $386,450
Misc Business: $307,698
Commercial BanksL $280,125

[satchelmcqueen]

both of these guys are slime. they suck at their jobs. most of my family live in tennessee and they hate these guys.

[Feelgood]

I can not believe what I just saw! I mean that was just incredibly unbelievable...

IMO very worthy on an email bomb...

[Matt Collins]

Please spread this to any Tennesseans you know.

When was this recorded!? :confused::confused::confused::confused::confused: :confused:

[BudhaStalin]

This guy was a total kiss-ass. Bernanke even looked irritated there.

[Matt Collins]

What Alexander and Corker really mean is that they don't want to politicize monetary policy. Opening up the Fed to debate, in their minds, would allow Congress to politicize monetary policy. One of the stated reasons the Federal Reserve was created was so that monetary policy would be in an independent 3rd party away from the momentary and fickle whims of Congress. Perhaps a good idea, except that it's unconstitutional because the Constitution does not grant Congress the authority to delegate that power to an external entity, especially one that is non-governmental.

[Matt Collins]

TN's other Senator, Lamar Alexander, has said essentially the exact same thing:

http://www.campaignforliberty.com/blog.php?view=20324
http://www.campaignforliberty.com/blog.php?view=20417

[anaconda]

The New World Order is alive and well in Tennessee. What a whore Corker is.

[Matt Collins]

Here is my blog about it:
http://www.campaignforliberty.com/blog.php?view=22396

[james1906]

This guy was a total kiss-ass. Bernanke even looked irritated there.

I think Bernanke was thinking that this guy wanted to suck him off.

[HOLLYWOOD]

This whole Corker Properties Ltd )Chattanooga), the timing of all the property sales, the VW plant being built in Chattanooga, the $500 Million in corporate Welfare to VW, and Corker being the mayor of Chattanooga... there's something very corrupt about all of this.

Someone should investigate the SlimeBall.

[eduardo89]

I think Bernanke was thinking that this guy wanted to suck him off.

haha that went through my mind too

[Imperial]

[Lamar Alexander has a] Majority of campaign donations from Finance, Insurance, & Real Estate

So does Jim Demint along those same lines if I remember right...

[Crowish]

Letter I got a few days ago from my Senator

Dear Mrs. XX;

Thank you for contacting my office regarding S. 604, the Federal Reserve Sunshine Act. Your input is important to me, and I appreciate the time you took to share your thoughts.

Like you, I understand the importance of having strong federal monetary policy with appropriate oversight measures, particularly during these difficult economic times. S. 604 would require the Comptroller General of the Government Accounting Office (GAO) to audit portions of the Federal Reserve that are currently exempt from audit. Due to the Federal Reserve's active role in trying to diffuse systemic economic risks, I believe access to certain Federal Reserve records is important to ensure appropriate oversight. As a member of the Senate Banking, Housing, and Urban Affairs Committee, I look forward to working with my colleagues to provide better transparency of federal expenditures.

Thank you again for your letter. I hope you will continue to share your thoughts with me as I serve you in the United States Senate.


Sincerely,

Bob Corker
United States Senator

[mczerone]

What Alexander and Corker really mean is that they don't want to politicize monetary policy. Opening up the Fed to debate, in their minds, would allow Congress to politicize monetary policy. One of the stated reasons the Federal Reserve was created was so that monetary policy would be in an independent 3rd party away from the momentary and fickle whims of Congress. Perhaps a good idea, except that it's unconstitutional because the Constitution does not grant Congress the authority to delegate that power to an external entity, especially one that is non-governmental.

And inherently flawed, since Bernanke is clearly a political figure already, making deals with the White House and Foreign Banks.

This complaint by Corker is just a marketing ploy, crafted to tug at heart strings and paint the audit as some disruption by a string-pulling agency and disseminated to party-men and talking heads.

Listen around, you'll hear the same crap from 1000s of these tools.

[itshappening]

A disaster?? HAHAHA

[johnrocks]

Just when I thought Republicans had gotten a reality check on their ignorant ways, someone bitchslaps me back into reality, this guy needs to wake the hell up!

[Matt Collins]

According to Justin McCord, the TN Campaign for Liberty Interim State Coordinator, the staffer in Sen Corker's office handling the S604/HR1207/Audit The Fed issue is Hallie Williams.


You can reach her at: hallie_williams@corker.senate.gov

[legion]

Letter I got a few days ago from my Senator

Dear Mrs. XX;

Thank you for contacting my office regarding S. 604, the Federal Reserve Sunshine Act. Your input is important to me, and I appreciate the time you took to share your thoughts.

Like you, I understand the importance of having strong federal monetary policy with appropriate oversight measures, particularly during these difficult economic times. S. 604 would require the Comptroller General of the Government Accounting Office (GAO) to audit portions of the Federal Reserve that are currently exempt from audit. Due to the Federal Reserve's active role in trying to diffuse systemic economic risks, I believe access to certain Federal Reserve records is important to ensure appropriate oversight. As a member of the Senate Banking, Housing, and Urban Affairs Committee, I look forward to working with my colleagues to provide better transparency of federal expenditures.

Thank you again for your letter. I hope you will continue to share your thoughts with me as I serve you in the United States Senate.


Sincerely,

Bob Corker
United States Senator

Very sneaky wording used in this letter.

Can anyone tell me why republicans from the home state of Andrew Jackson are opposed to this legislation?

I don't believe in any of the conspiracy theories about the Fed, but I do believe the bank should be transparent. There's absolutely no reason for the Fed to maintain secrecy. Its unreasonable and provide huge opportunities for traders to exploit insider information to make money from macro-scale economic moves. There simply aren't any reasonable arguments for secrecy.

[Barney]

This guy was a total kiss-ass. Bernanke even looked irritated there.

The kind of look that the vampires gave to "familiars" in the movie Blade. They get no respect from either side.