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To: SoConPubbie
You missed one in your diatribe, both have called for an audit of the Fed.

The Fed gets audited every year by the GAO, the Fed OIG, and private auditing firms: Link. How many more audits do you want?

18 posted on 02/09/2015 12:37:44 PM PST by DoodleDawg
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To: DoodleDawg
The GAO can’t review most of the Fed’s monetary policy actions or decisions, including discount window lending (direct loans to financial institutions), open-market operations and any other transactions made under the direction of the Federal Open Market Committee. It also can’t look into the Fed’s transactions with foreign governments, foreign central banks and other international financing organizations. (The GAO in 1993 produced this report on its limitations. The Federal Banking Agency Audit Act of 1978 put other parts of the central bank’s operations under GAO purview, as they had been for a decade until 1933.)
20 posted on 02/09/2015 12:51:19 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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