Ron Paul and Company Vindicated on Fed Audit

[sailingaway]

http://spectator.org/blog/2011/12/02/ron-paul-and-company-vindicate

[Libertea Party]

The publishing of this piece is to AmSpec's and Mr. Lawler's credit. It concludes with a mature and contrite observation that takes a big person to put publicly:


In the meantime, Paul, who had ultimately criticized the audit included in Dodd-Frank as ineffective, reintroduced his original "audit the Fed" measure in the House, where it now has 183 cosponsors, and his son Rand Paul did the same in the Senate. Had the original "audit the Fed" bill been in place prior to Dodd-Frank, voters would have known about all of the loans banks got from the Fed, and the outcome of that legislative battle would have been far different.

As much as we hesitate to second-guess the warnings of experts and veterans, this is an instance in which the outsider critique, previously criticized as unrealistic, reactionary, and mob-like, was in fact underappreciated. With the news that the full extent of the government's aid to troubled banks far exceeded what the public understood it to be at a critical juncture, it's worth reflecting on the prescience of the outsiders' warnings.

The publishing of Jeffrey Lord's trashy smears on the other hand is so far below what level quality this outlet has to offer even without having to abandon it's disagreements with Ron Paul on foreign policy.

[unknown]

Wait, so youre telling me RP was right, AGAIN??? :)

[1000-points-of-fright]

That last paragraph is simply astounding coming from a supposed journalist.

[GunnyFreedom]

That last paragraph is simply astounding coming from a supposed journalist.

I agree. Journalism is supposed to be about presenting facts and arguments, not about determining which facts and arguments are in or out of the mainstream and therefore get hilighted or shuttered.

[1000-points-of-fright]

I agree. Journalism is supposed to be about presenting facts and arguments, not about determining which facts and arguments are in or out of the mainstream and therefore get hilighted or shuttered.

Not only that but.... "As much as we hesitate to second-guess the warnings of experts and veterans"? Seriously? IT'S THEIR JOB TO SECOND-GUESS EVERYONE!

[GunnyFreedom]

Not only that but.... "As much as we hesitate to second-guess the warnings of experts and veterans"? Seriously? IT'S THEIR JOB TO SECOND-GUESS EVERYONE!

Aye