Author Topic: Audit the Fed debate  (Read 1718 times)

Blakenzy

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Audit the Fed debate
« on: July 25, 2012, 10:25:27 AM »
Congresspeople in a back and forth on H.R.459: Federal Reserve Transparency Act of 2011.
http://www.youtube.com/watch?v=CTeaZ2lntD8   50 min. video

Barney Frank "knows" it's never going to pass... interesting to see people argue in favor of keeping a shroud of secrecy and unaccountability around the one institution that makes or breaks our livelihood... no need to know how or where 16 Trillion went. Whatever you do, do not scrutinize the high financial priesthood and certainly don't peak inside the Holy of Holies lest fire and destruction fall upon us all!!!
"Knowledge will forever govern ignorance, and a people who mean to be their own governors, must arm themselves with the power knowledge gives. A popular government without popular information or the means of acquiring it, is but a prologue to a farce or a tragedy or perhaps both"

S. Williamson

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Re: Audit the Fed debate
« Reply #1 on: July 25, 2012, 12:23:45 PM »
If found guilty of anything, who would be the authority to dispense punishment?  ???
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Tallpine

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Re: Audit the Fed debate
« Reply #2 on: July 25, 2012, 05:30:46 PM »
Well, at least those who voted against it will be on record when The End comes  ;)

 [ar15]
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

TechMan

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Re: Audit the Fed debate
« Reply #3 on: July 26, 2012, 10:05:16 AM »
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Hawkmoon - Never underestimate another person's capacity for stupidity. Any time you think someone can't possibly be that dumb ... they'll prove you wrong.

Bacon and Eggs - A day's work for a chicken; A lifetime commitment for a pig.
Stupidity will always be its own reward.
Bad decisions make good stories.

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Viking - The problem with the modern world is that there aren't really any predators eating stupid people.

longeyes

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Re: Audit the Fed debate
« Reply #4 on: July 26, 2012, 01:00:52 PM »
There is always one rock that can't be turned over.
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

AZRedhawk44

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Re: Audit the Fed debate
« Reply #5 on: July 26, 2012, 01:16:39 PM »
Here's how this plays out:


1. Senate won't approve.
2. Repubs will use as fodder to replace Dems that didn't approve it.
3. House will re-pass.
4. Senate will re-pass.
5. POTUS will not sign, either Romney or Obama.


This will turn into a non-functional polarizing perennial issue to distract us deliberately, along with abhorshins, flag burning, 2A, "official language," and illegal immigration.  SuperPACs will grow up around it and lobbyists will get lifelong careers out of batting this issue around the halls of Congress.
"But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist."
--Lysander Spooner

I reject your authoritah!

longeyes

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Re: Audit the Fed debate
« Reply #6 on: July 27, 2012, 11:51:25 AM »
The Fed is the house skimming the take at the casino.  You really think that is going to stop?
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

Blakenzy

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Re: Audit the Fed debate
« Reply #7 on: July 27, 2012, 06:03:58 PM »
Well, it ought to be front and center in the public debate because it is an issue that molds every aspect of your life. Financial sovereignty is probably the most important foundation of a free Republic, and we clearly do not have it. Its significance far outweighs any other issue we so frequently bicker about.

I for one do not believe it will be nearly as divisive or polarizing as other "social" issues if people are shown how far departed the actions of the Federal Reserve are from any public control or accountability, and how far reaching into every nook and cranny of our lives those actions delve. Liberal or Conservative, you live by the same coin controlled by the unexplainable actions of the same kleptocratic figures.

"Knowledge will forever govern ignorance, and a people who mean to be their own governors, must arm themselves with the power knowledge gives. A popular government without popular information or the means of acquiring it, is but a prologue to a farce or a tragedy or perhaps both"