I fear this Democrat Congress getting control of monetary policy.
I see. So if the fed were to be truly fully audited, a complete and thorough rectal exam, if you will, certain frauds will be exposed, so inflammatory in fact, congress would have no choice but to resume control of monetary policy. In this case, if it were done soon, a Democrat Congress would have control of monetary policy.
By golly, I think we agree. Since I share your fear. But not enough to cause me to argue against auditing the fed. Not that you have necessarily , mind you. But your temperament seems, at least to me, to reflect what I would call a genuine anti-audit slant. Again, perhaps that's just me.
Nonetheless, I understand your fear, and it is warranted. However, we cannot, and should not, postpone the audit until a more politically favorable or convenient time.
Audit now!
I see. So if the fed were to be truly fully audited, a complete and thorough rectal exam, if you will, certain frauds will be exposed, so inflammatory in fact, congress would have no choice but to resume control of monetary policy.
No. I think that showing Congress everything the Fed bought, sold and lent would expose no fraud. I do fear that Ron Paul and idiots on the other side of the aisle will say things like, "On July 1st you bought $30 billion of the 10 Year Treasury bonds, we think you should have bought $40 billion".
Audit now!
LOL! Even Ron Paul said he didn't care about what an audit will show.