2009-11-20blogspot.com

" In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter."



Comments:

tvsterling at 21:29 2009-11-20 said:
Finally a chance at real change & accountability. The FED was asleep at the switch & the trainwreck has affected all of the real people of the country. I personally think they have outlived their usefulness. We need to start thinking of the next phase; what to replace them with. How about surveying all government central banking schemes for a start. Some country has a better plan & we might be able to copy or adapt that. What is sure is that this elitist anachronism of another age has failed the country & ruthlessly pursued it's own agenda for too long. It's obvious that Barney Frank only wanted a public spanking of the FED & then back to business as usual; clearly out of touch. Permalink

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