Thursday, December 3, 2009

Is Ben Getting The Boot ?

This will be a good debate to watch.

Can the behind the scenes deals keep Ben Bernanke in a job ?

I have been watching Ron Pauls push to audit the fed for some time, and I support it.

It seems to me that if Ben does get put out, an audit will be sure to follow


The BoBo said...

I'm looking for an audit of the fed. I wonder where they got the $25 Billion to purchase the AIG assets so that AIG could pay back the treasury.

If I'm not mistaken - doesn't the fed get their money from our treasury?

Isn't this like just shifting the money from one hand to the other? We need to de-centralize our banking system. It failed two times before in our history - and - it looks like it is going to be a third time.

funny - my verification word is "undie" - how the hell do you do that? ;)

Project Savior said...

While I believe the Fed is important to regulate the economy, these last 30 years show what happens when it is given zero accountability.
I'm all for auditing the Fed and making its head accountable for their decisions, as long as it doesn't go too far and put it under the whims of lobbyists (I mean congress).

lot 2 learn said...

@ BoBo
I hope for an audit as well
Undie ? Cool : )

@ Project S
Accountability is a key factor