RP might be a great Treasury Secretary. But not a CinC.
I highly doubt that this so called “Conservative” Political Action group is really conservative.
Just because one can appropriate the use of the word does not mean one meets the definition of the word ( How many communist parties use the word “democratic” for instance?).
Mitt Romney gets 23% of the straw poll? What a joke !!
I’d say a significant number of those in attendance are RINO’s masquerading as conservatives.
Fixed it.
RP has insane monetary ideas. He wants to take us back to the wild year to year inflation/deflation swings and defationary depressions every 20 years that we saw when we were on the gold standard. No Thanks.
Plus RP goes around making people think the Federal Reserve isn't audited at all, when independently audited financial statements for all components of the FED are there on the web for all to see.
2009 Combined Federal Reserve banks - Independent Auditor Report on Page 3
2009 Federal Reserve Board financial statements - Independent Auditor Statement Page 2
Financial Statements of the Federal Reserve Banks (Combined and Individual banks)
Annual Report - Federal Reserve Board 2010 Budget Review.
There is only one thing that is not subject to audit. And it was congress who made it that way. That’s the policy decisions. Of course interest rate policy is announced as soon as the Board of Governors meet. Which pretty much just leaves the Open Market Committee meetings.
They’re the ones that stabilize exchange rates, and shore up the system when a part becomes shaky. You don’t want those decisions public while the FED is actually trying to implement the plan, because people like Soros will work against them. But the money is all accounted for.