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View Full Version : Populism Advanced Audit the Fed Bill Further Than Anyone Could've Imagined-POLITICO




bobbyw24
12-15-2009, 07:06 AM
President Barack Obama’s ratings are steadily declining. His once-impressive poll numbers are sinking faster than a stone in the ocean. Even his allies on the Hill are starting to question his leadership decisions.


The president’s political advisers are, at this moment, probably trying to come up with a strategy to help him get his momentum back. They are looking at the issue set and seeing a populist wave that has engulfed the country and Congress, and they are probably intrigued by the possibilities.


And make no mistake: Populism is ruling the roost in the national legislature. Wall Street titans are routinely hauled before committees and asked to explain themselves. Legislation to bring greater transparency to the Federal Reserve, authored by libertarian populist Rep. Ron Paul (R-Texas), has advanced further than anyone could have imagined.

http://www.politico.com/news/stories/1209/30575.html

purplechoe
12-15-2009, 07:17 AM
Legislation to bring greater transparency to the Federal Reserve, authored by libertarian populist Rep. Ron Paul (R-Texas), has advanced further than anyone could have imagined.

Thank you Ron Paul!

NYgs23
12-15-2009, 01:31 PM
Too bad they had to link it with, "Wall Street titans are routinely hauled before committees and asked to explain themselves." Of course, some (not all) "Wall Street titans" engaged in shenanigans for which they should explain themselves--just not to their bosses on the Hill.