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View Full Version : Barney Frank trying to kill Fed audit?




itshappening
06-15-2010, 06:23 PM
see

http://www.zerohedge.com/article/barney-frank-once-again-sides-bernanke-announces-proposed-fed-audit-will-be-materially-curbe

sailingaway
06-15-2010, 06:40 PM
He voted for the Mel Watt version in Committee, which is essentially the same as the Bernie Sanders sell out version, so this does not surprise me in the slightest. I also feel sure that is the reason Ron, though ranking opposing member of his subcommittee, was passed over for the conference committee.

I absolutely think we should not be silent about this: http://www.contactingthecongress.org/cgi-bin/newmemberbio.cgi?lang=&member=MA04&site=ctc

Juan McCain
06-15-2010, 07:28 PM
Fed dodges bullet as House drops audit idea
Democrats pull support from Ron Paul proposal investigating rate policy
http://www.msnbc.msn.com/id/37718285/ns/business-us_business/

"House Democrats participating in negotiations over a final financial reform bill signaled a willingness to live with
a narrower Senate audit provision that does not cover monetary policy."

Now we need to make the audit (and taxation) of the Federal Reserve a November campaign issue ?

freshjiva
06-15-2010, 08:31 PM
Now we need to make the audit (and taxation) of the Federal Reserve a November campaign issue ?

I strongly believe monetary policy is the single biggest, most important reformative goal of the entire Liberty movement.

Sound money and free markets. These two hold the key. EVERYTHING revolves around these two things.

Juan McCain
06-15-2010, 09:58 PM
"successful lobbying efforts by both the Fed and the financial sector"

"The dissolution of Paul's wider Fed audit provision comforted investors who had worried that greater political influence
could weaken the central bank's resolve to fight inflation in the future."

http://www.msnbc.msn.com/id/37718285/ns/business-us_business/

greater transparency was hacked by lobbyists into "greater political influence" . . .
and that could weaken those top-secret inflation-fighting strategies ?

Dr.3D
06-15-2010, 10:31 PM
I wish we the "represented" could be the ones they listen to instead of some people who are always in the lobby.

susano
06-15-2010, 10:38 PM
At what point comes the pitforks and rope because I'm sick of this mafia in the District of Corruption. WE WILL NEVER CHANGE THEM.

Abolish the federal gov't along with the Fed.

tasteless
06-15-2010, 10:41 PM
Typical BAWNEY TWANSPAWENCY OF THE FEDEWAL WESERVE MAKES THEM LETH INDEPENDETH FWANK.

sailingaway
06-15-2010, 10:44 PM
[B]Now we need to make the audit (and taxation) of the Federal Reserve a November campaign issue ?

Bingo.

The Dems don't want transparency: Vote GOP.

Those imbeciles.

freedoms-light
06-15-2010, 10:51 PM
The FED is the monetary equivalent of what is happening in the Gulf of Mexico with the oil.

RM918
06-15-2010, 10:53 PM
He already killed it by refusing to let the stand-alone bill out of committee unless attached to the monstrosity of the regulatory bill, to then be watered down.

Dr.3D
06-15-2010, 10:53 PM
Bingo.

The Dems don't want transparency: Vote GOP.

Those imbeciles.

Just as long as they keep people looking at the two party system, they will be happy.

susano
06-15-2010, 10:53 PM
Bingo.

The Dems don't want transparency: Vote GOP.

Those imbeciles.

You mean that GOP that ridiculed Ron Paul? I'm willing to bet that quite a few of them are in the banksters' pockets, too.