View Full Version : FED Audit - Should we wary of our progressive allies?

Jason T
08-29-2009, 06:23 PM
Here is a clip talking about Bernanke and HR 1207 on The Real News network, a very progressive media organization.

YouTube - Did Bernanke save the world? (http://www.youtube.com/watch?v=42jHe_2WnNI&eurl=http%3A%2F%2Fw)

The man in this clip supports the audit and dislikes the giveaways to big banks, however...

He thinks the problem is that the FED hasn't been making enough inflation, not that they've been making too much. He has no problem with the FED blasting the economy with money, he just thinks that there should be a more 'democratic' process to determine where that money goes.

I'm not sure if there are any/many lawmakers who share his views, but we should be wary of our progressive allies if that's the case. Not only will it make for bad policy, but it would make validate Bernanke's otherwise nonsensical defense.

08-29-2009, 06:29 PM
lolz...I don't have any progressive allies! ;)

08-29-2009, 08:45 PM

it's all fun and games when someone else is picking up the tab.