Comments on: More of the same tired arguments against Ron Paul’s Fed Audit Bill

By: Gerry St. Onge

Gerry St. Onge — Fri, 13 Nov 2009 17:53:17 +0000

Great post! This is what we need to do and you guys are on it. We need to identify all efforts to kills these bills ( HR 1207 & S604). Then we need to research the sources of the influence on those that oppose it. This post is the perfect example of doing this. Also, we need to identify all those in congress who actively oppose and research their campaign funding sources and other benefactors – then expose them in public. Unfortunately the so-called major media "journalists" will not do this. It is left to independent groups like Liberty Maven to do it.

Bravo!

By: J unknown

J unknown — Fri, 13 Nov 2009 00:24:56 +0000

ANIL K KASHYAP has used a self defeating argument. He says the Fed should not be audited, but an audit would only produce redundant information. Then what’s the harm Mr. Kashyap?

ANIL K KASHYAP said: The Fed's independence is critical to its credibility." Meaning, If Americans knew what the Fed was really doing, we would see reason to not trust it. Is there harm in Americans receiving redundant information about the Fed, or is there something else, something that motivates the Fed Chairman himself to lobby against the Paul bill?

I see reason to believe that Mr. Kashyap does not want the public to learn what we will learn if the Fed is audited, otherwise why even bother to write the article?

By: J unknown

J unknown — Fri, 13 Nov 2009 00:24:56 +0000

ANIL K KASHYAP has used a self defeating argument. He says the Fed should not be audited, but an audit would only produce redundant information. Then what’s the harm Mr. Kashyap?

I see reason to believe that Mr. Kashyap does not want the public to learn what we will learn if the Fed is audited, otherwise why even bother to write the article?

By: J unknown

J unknown — Fri, 13 Nov 2009 00:24:30 +0000

Good job shooting down that article Mr. Marc Gallagher.

I would have added the following:
From the article by ANIL K KASHYAP
"The Fed produces a report and testifies twice a year before Congress about its monetary policy actions. During this testimony, the Fed is forced to explain what it has done,"

This statement is false. If it were true, there would be NO support for Ron Paul's bill because we would already know where our trillion + went.

By: J unknown

J unknown — Fri, 13 Nov 2009 00:24:30 +0000

Good job shooting down that article Mr. Marc Gallagher.

This statement is false. If it were true, there would be NO support for Ron Paul's bill because we would already know where our trillion + went.

By: Mike Wagner

Mike Wagner — Thu, 12 Nov 2009 21:59:52 +0000

Independence of the Fed is exactly what we do NOT want.
CONGRESS, and ONLY Congress is charged with responsibility for monetary policy. So says the US Constitution, Article 1, Section 8. Nothing in the Constitution authorizes Congress to establish a central bank in the first place. It certainly does not allow Congress to delegate its responsibility to a semi-private, quasi-governmental cartel of banks.
The only answer is to END THE FED!

By: Citizenfitz

Citizenfitz — Thu, 12 Nov 2009 19:35:22 +0000

It seems that We the People are finally beginning to wake up from our long slumber. I wonder though if it's really possible to push Dr. Paul's Transparency Act through Congress. The plutocrats have plenty of money with which to defeat, denature or deflect it.

By: Citizenfitz

Citizenfitz — Thu, 12 Nov 2009 19:35:22 +0000

By: Evil Banker

Evil Banker — Thu, 12 Nov 2009 01:28:16 +0000

The assumption that the Fed isn't, and hasn't ALWAYS been politically influenced is a bullshit argument. Don't fall for it. Who nominates the Board of Governors? Politicians!

By: Evil Banker

Evil Banker — Thu, 12 Nov 2009 01:28:16 +0000

The assumption that the Fed isn't, and hasn't ALWAYS been politically influenced is a bullshit argument. Don't fall for it. Who nominates the Board of Governors? Politicians!

By: brian

brian — Wed, 11 Nov 2009 22:13:14 +0000

"Iceland subsequently experienced a spectacular collapse within a year of Mishkin’s good report."

Priceless! Credibility lost

By: Evil Banker

Evil Banker — Wed, 11 Nov 2009 20:28:16 +0000

The assumption that the Fed isn't, and hasn't ALWAYS been politically influenced is a bullshit argument. Don't fall for it. Who nominates the Board of Governors? Politicians!