Bernanke’s “nightmare scenario” inches closer
Posted by 5etester on July 25, 2012
The House has at long last passed the Ron Paul Audit the Fed bill. Hallelujah! Will Harry Reid play ball? We’ll see. Fed Chair Bernanke is not excited.
Fed Chairman Ben Bernanke doesn’t like the prospect of such a broad audit, calling it a “nightmare scenario” last week and saying it will lead to politicians second-guessing his decisions
One can only hope. Here is the article from the Washington Times – http://www.washingtontimes.com/news/2012/jul/25/house-passes-ron-pauls-audit-fed-bill/
4 Responses to “Bernanke’s “nightmare scenario” inches closer”
Sorry, the comment form is closed at this time.
Conservatives on Fire said
I will be very surprised if Harry lets this go to a vote. My guess is too many of our boys and girls in Washington are afraid of the Fed and what they might learn. They think banking is some how some mysterious world where normal folks could never understand and they could accidently cause serious financial problems if they interfered. Of course, that is exactly what the bankers want people to think. The Fed exist to protect bankers from their own foolishness and from the public (us).
5etester said
Of course you’re right. Reid will block any vote even though he once sang a different tune – http://www.iamthegrandchild.com/2012/07/25/flashback-harry-reid-supports-the-audit-the-fed/
Saturday Night Links: The Victorian Era Space Illustration Edition | motorcitytimes.com said
[...] ChrisWY: Catholic-owned firm wins a round in the fight over Obamacare WWTFT: Let’s Just Ban Everything Smaller Than a Softball TheCL: SkyNet! The Eye: Trump Card Spellchek: Bernanke’s “nightmare scenario” inches closer [...]
Teeing it up: A Round at the LINKs (Crying over spilt milk edition) | SENTRY JOURNAL said
[...] Spellchek: Bernanke’s “nightmare scenario” inches closer [...]