July 14th, 2009 1:37 pm | by Marc Gallagher | Published in Activism, Banking, Big Government, Commentary, congress, Economics, Federal Reserve, globalism, Maven Commentary, Money, Ron Paul | 6 Responses
Karl Rove was interviewed this morning on Glenn Beck’s radio show. During the interview he was asked by Beck if he supported the bill to “Audit the Fed”. That bill is Ron Paul’s HR1207, which as of right now has 261 cosponsors. What is interesting is how similar Rove’s response is to Barney Frank’s response when asked the same question.
Neither gives unequivocal support of auditing the Fed. Both say they agree with an audit in principle, but both seem to disagree with a complete audit as HR1207 (and it’s companion bill in the Senate S604) would accomplish. The reasoning they give can be summed up with two words that I (and many others) have attributed to Barack Obama in the past year: political subterfuge. Or if you prefer the layman version: bull shit.
Beck first asks Rove about the dollar as the reserve currency, then brings up the Fed audit bill. Listen below as Rove equivocates all over the place. This is further proof that our two party system is not Democrats vs. Republicans. It is the powerful status quo vs. everyone else. Isn’t it way past time for “everyone else” to stand up against this kind of claptrap?