To all of you that hate the FED!

United States
May 5, 2010 9:46pm CST
Here is a video about members of all parties, and many political groups from across the board that are fighting to open the books on the FED, and have the GAO to investigate the FED. Now there are other groups from both sides of the isle attacking this bill, trying to keep the system the same it has been. The FED has lent $2 Trillion since 2008, and no one knows where this money went, nor the terms of these loans. What do you think? http://www.cnbc.com/id/15840232?video=1486363879&play=1
1 person likes this
2 responses
@laglen (19782)
• United States
6 May 10
I think it is great that this is truly a bi-partisan effort. But I do wonder one thing, where is Rep Paul, he has been pushing this since at the vary least 2007. But to reiterate, I think it is great!
1 person likes this
• United States
9 May 10
I agree. The big fear I have with Ron Paul is that the GOP will give him the 2012 ticket to run against Obama. But, he will have to pull a McCain and change all of what he believes in, and stand for. They will make him give all of this getting the truth out about what the government does, and all of the conspiracies that are going on. The office of president of the United States is very hard to turn down, and I am sure that Paul realizes that he isn't getting any younger. I just hope that he can fend them off, and come to his senses seeing how he is the most open politicians out there.
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@laglen (19782)
• United States
9 May 10
I understand your point and fears. But I have full faith in Rep Paul. He will now bow to them. This is why they actually stopped caucuses when they were leaning toward him in 2008. He says he most likely won't run and I don't blame him. But its his brutal honesty that endears him to me.
1 person likes this
• United States
10 May 10
I won't worry about it Greatdebater....the GOP can't change Ron Paul..as much as it would like to. LOL. That is what I like about him. He stands up for what he believes in and calls all sides (even his own) out on their BS. He has been standing all against the GOP BS and preasure for a long time. He won't back down or start playing by their crooked rules period. He has made that point very clear. Which why they did not support him in his last presidential run and it will shock the heck out me if htey support him if he runs again. But I do hope he does run. We need someone in the White House with his kind of common sense.
1 person likes this
• United States
6 May 10
I have been a BIG supporter of HR1207 (audit the fed bill written by Ron Paul) for a long time now. It is common sense. We need to know what they are doing and how the money is being spent. Why the White House and a lot of other politicans are fighting this I don't know. I would think they would ALL want to know how and where the money went. The fact that they a lot don't want it...makes me think something is wrong and they are hiding something.
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• United States
9 May 10
LIL, this isn't a partisan subject, there are people on both sides of this that are fighting to keep what the FED does in the dark. It wouldn't surprise me one bit to see the president come out and use national defense as a reason for people not to know what the FED is doing. The FED MAY have been used to do some illegal things in the past by other presidents, Ron Paul accused them of using Watergate money to fund the Saddam war machine under George H.W. Bush, I am sure he wouldn't want the truth to come out (it would be nice to hear Bush's reason why he FORCED the US department of Agriculture to send Saddam over a Billion dollars before the first Iraq war). Like much of our government, we will only know a fraction of what really goes on. For better or worse.
• United States
10 May 10
YOu are right that there is a lot of support and people fighting against it on both sides. HR1207 has tons of co-signers...from both sides of the isle....but Pelosi refuses to call it up for a vote. For better or worse we have a right to know what the fed is doing and why. I don't care who it makes look bad. The american public has a right to know.
1 person likes this