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Author Topic: ...Ron Paul Tries to Drive Stake into Heart of Federal Reserve  (Read 1383 times)
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WhiskeyGirl
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« on: December 21, 2009, 01:59:22 PM »

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Evidently this writer isn’t bothered by the interference of the Federal Reserve in the auto industry, bailing them out by taking actions beyond what they’ve been mandated to do. And that includes AIG as well, which is beyond the authority of the Federal Reserve to take action on.

...the Obama Administration obviously had a hand in dealing out the money via the Federal Reserve to its favored businesses...The Fed being independent is an illusion, and any argument attempting to make it look like they are immediately goes up in smoke, as I said, simply from the actions taken on behalf of the Obama Administration by the Fed toward its favored industries and businesses.

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Let’s just look at the comment, “Trust in the Fed.” Trust in the Fed? If this writer hasn’t figured out yet that the Fed is no longer trusted, they don’t even belong writing anything about them. There is no trust in the Fed, that’s why a full audit needs to be undertaken on a consistent basis in order to dig out the dirt and what they have to hide concerning their secretive actions.

You don’t even have to have a general understanding of economics to know the Federal Reserve is a disaster and can’t be trusted.

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This is the same U.S. dollar that has lost about 95 percent of its value since the Federal Reserve was brought into being. But somehow now we’re going to start losing confidence in a dollar based on the idea the GAO will audit the Fed?

http://www.americanbankingnews.com/2009/12/21/washington-post-goes-hysterical-as-ron-paul-tries-to-drive-stake-into-heart-of-federal-reserve/
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WhiskeyGirl
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« Reply #1 on: December 21, 2009, 02:03:36 PM »

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Holding AIG Accountable    [Eli Lehrer]

Writing in the New York Times, former New York governor Eliot Spitzer and two co-authors argue that AIG should open its corporate e-mail serves to public scrutiny. They’re right. More than a year after AIG became a taxpayer ward, nobody has a clear picture of why and how the company collapsed.


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The only problem with this proposal is that it doesn’t go far enough. While opening AIG’s e-mails to public scrutiny would clear up many still-unanswered questions — How did regulators miss the problems? Did anyone engage in deliberate fraud? — doing so wouldn’t settle every important issue.

The only problem with this proposal is that it doesn’t go far enough. While opening AIG’s e-mails to public scrutiny would clear up many still-unanswered questions — How did regulators miss the problems? Did anyone engage in deliberate fraud? — doing so wouldn’t settle every important issue.

http://corner.nationalreview.com/post/?q=N2VjMjBjMjI1ZGI5OTk0Y2M4M2U1MzAyNjgzMGUyODc=
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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