Posted on 12/30/2018 10:11:53 AM PST by MNDude
So then why demand an audit? You'll only belive it if it says what you already believe anyway.
You’re a conspiracy nut and impervious to evidence that contradicts your imagination.
Nonsense.
A conscientiously run enterprise welcomes audits. At least the outcome - the process can be a real PITA.
By the way, the Fed welcomes audits.
I had a feeling you couldn't name an acceptable auditor.
The audit wouldn’t be for my benefit—I think this should be more than obvious.
At question is the behavior of the Federal Reserve ever since its founding.
The “conspiracy” label doesn’t work anymore. One of the reasons for this is the content of emails revealed by Wikileaks.
The Federal Reserve is reaping what it has sown. Not complicated. Inevitable.
The Federal Reserve only welcomes audits by parties they approve beforehand. This behavior alone indicts them.
An acceptable party to do the auditing would be any with the necessary skills, a real moral conscience and an ideologically neutral position regarding the Federal Reserve.
And one more thing—an auditor with adequate physical protection against retaliation by the Federal Reserve.
Right. And I guess you're going to be the one to judge their skills, conscience and ideology.
After the fact, of course.
Google 'no true Scotsman fallacy'.
Yeah it does. You’re either a troll trying to make conservatives look like conspiracy kooks or you’re one yourself.
Of course not.
In the world there is that which is good, and that which is other than good.
Confusion between the two is easily avoided.
American patriots believe in doing business openly.
The behavior of secretive institutions runs contrary to what patriots believe.
Those who steal from this country are the enemy of American patriots. Very dangerous ground. Hence their secrets.
The very word “secrecy” is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.
President John F. Kennedy
Waldorf-Astoria Hotel, New York City
April 27, 1961
Ok, then why is a private company allowed to determine interest rates?
Why would their chairman be chosen by POTUS?
What other private company allows that?
The very word “secrecy” is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.
President John F. Kennedy
Waldorf-Astoria Hotel, New York City
April 27, 1961
This recent bill in congress might be a very good test of whether or not it’s still possible to hold them accountable to the people:
H.R.24 - To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.
Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2019)
https://www.congress.gov/bill/116th-congress/house-bill/24?q=%7B%22search%22%3A%5B%225404%22%5D%7D
That would be very nice. PS: whatever happened to breaking ties with Syria over the murder in their embassy or balancing the budget etc ad nauseum
Thank you for the post.
Looks good.
Unfortunately, in this case that means having politicians, many with a very short term perspective, setting or trying to set interest rates.
Terrifying idea.
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