To: Toddsterpatriot
Then Ben said, of course we can't mess with the Fed's independence in regards to monetary policy. Ron said, well of course that's the only thing that matters. What an assclown. Ron that is. LOL! Since the Constitution gives Congress the sole right to mint money, I do think that Ron Paul has a point here.
And if the Fed stays independent, what information they give to Congress will be only what information they choose to give to Congress. They'll no more allow themselves to be honestly audited than has Freddy Mae and Fanny Mae.
38 posted on
05/05/2009 10:15:36 AM PDT by
slowhandluke
(It's hard work to be cynical enough in this age)
To: slowhandluke
And if the Fed stays independent, what information they give to Congress will be only what information they choose to give to Congress. Congress set up the Fed to be independent. If they no longer want it to be independent, all they need to do is pass another law. But Congressmen shouldn't whine that the Fed is doing what the Congress created them to do.
They'll no more allow themselves to be honestly audited
They are audited. Regularly.
39 posted on
05/05/2009 10:19:59 AM PDT by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
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