"Too many charlatans and imbeciles...in...Washington..."

[WhiskeyGirl]

This week Congressman Ron Paul (R-TX) announced that Watt took the knife to his bill to audit the Federal Reserve – The Federal Reserve Transparency Act of 2009 (HR 1207).  According to Paul, Watt as chair of the above mentioned committee cut out, "just about everything" in preparing the bill for a full committee vote.

…The point is why has Congressman Watt gutted a bill that has over 300 cosponsors in the House and the support of a large majority of Americans?

It could be because he is repaying the financial industry which has throughout his career in Congress contributed over $890,000 to his campaigns.  That would be only fair given how much they have helped him maintain power and the privileged perks of members of Congress – great healthcare, great salary, and a great pension plan.

...second in contributions to Watt is organized labor at $873,000.  Big banks and labor unions make strange bedfellows?  You would think their interests are so diametrically opposed that they would not be #1 and #2 in contributions to the same member of Congress...

…Does Watt understand that his support for the banking cartel known as the Federal Reserve System is what actually causes hardship for labor and ordinary Americans in his district?  Does he realize that by gutting HR 1207 he will help to continue the debasement of our currency?  Has it clicked in his head that his support for or at the very least his blind eye toward the reckless monetary policy of the current Fed leadership will be responsible for the future hyperinflation we will experience. Has he considered his own culpability in the coming collapse of the dollar which will usher in an era of even higher unemployment with a drastically reduced standard of living in America?

…In return those special interest groups guarantee his reelection every two years with huge cash contributions to his campaigns.  In the meantime, our national debt is grotesquely high, our manufacturing base continues to move overseas, our financial industry is bankrupt, and the dollar is on the brink of collapse.

…Too many charlatans and imbeciles have been in charge of Washington for far too long.  Unfortunately all good things must come to an end.  The federal gravy train that Congressman Watt and his comrades have built to continually get reelected is about to crash.  When it does they won't understand it, but they should because it will be caused by the fraud they have perpetuated on America.

read more here http://www.nolanchart.com/article7024.html

Harsh words that ring true.  imho

[WhiskeyGirl]

My favorite theory...when the dollar collapses, Washington and the White House will just try and shovel everything under the carpet.  Destroy the evidence...pretend the plundering of the treasury and national bank account didn't happen.

Another case of the rich get richer and the poor get kicked to the curb...