The House voted to audit the Federal Reserve

[Tyler Durden]

Hi all,

Yesterday July 25th, the House of representatives passed a bill 327-98 to audit the Fed.

http://abcnews.go.com/Politics/OTUS/ron-pauls-audit-fed-bill-passes-house/story?id=16855319

just for the record I am not a Ron Paul supporter.

[crusader rabbit]

While I think this is something that is long overdue, I seriously doubt it will make it through the Senate. 

Ron Paul has long heralded his anti-Fed stance, and I think he happens to be right on the money (pun intended). 

Unfortunately, if the sheeple knew what really goes on with the Fed, we'd likely see total economic collapse.  The Senate cannot/will not allow that to happen--if it can be prevented.

Still, it should be an interesting few months as this makes its way through the hallowed halls of gubmint.

Crusader

[tombogan03884]

If by some miracle all the dems get diarrhea on the day of the vote or by some other direct act of God this should pass the Senate BO will veto it.

[twyacht]

If Reid gets demoted to Minority Leader, and Romney wins, and the House remains "R" controlled,....this will come back...

Hell, I'd nominate Ron Paul for Treas. Sec.

[tombogan03884]

Put a Medical Doctor in charge of the Treasury ?
Better than a tax cheat I suppose, but isn't that what the dems did in 08  "?
Put a guy in charge who has absolutely no clue what his job is supposed to be .
Kick out the lawyers, put Paul in as Surgeon general, put soldiers in charge of State, and defense, put a more or less honest banker in charge of treasury and pay them based on performance.
Same old, same old, they get nothing, situation improves they get X% of the improvement, situation gets worse take the same percentage from them.
Put a Cop in charge at justice, not another damned lawyer.

[Sponsor]

[twyacht]

Alright, I agree with that, I figured a pissed off, fed up Libertarian might fit the niche,....

How about Trump/ or even Rand Paul as Treas Sec....He'd do it part time and the Left would never recover from a case of the "runs"......

Perhaps the CEO of Chik-Fil-A would work.

Bernanke has to go,....but I would love to actually put a small business owner in charge of the Fed, have it audited, expose the "quantitative easing" as it was called, exposed, and give a reality slap to the same ol' same ol'...

Methinks Romney doesn't have the belly for such a bold move....but it is still better than 4 more years....

[tombogan03884]

Libertarians have more in common with the communists than with the founders intent.
I think Trump might be a good choice since he knows how the real world works, and seems to really have a beef with the countries we owe,

One thing about Romney, he has always had to work through a hostile legislature,
 if he wins there is the probability of a friendly Rep Senate, as well as House,
 and BO's favorite, the Executive Order.
The stroke of a pen and the force of a law.