Tag Archives: audit the fed

Polls, Polls, Polls! Tea Parties and Fed Audits

Stacy Summary:   Feel free to answer how you would answer each poll question.  Is the Tea Party the fabled Third Party of which we have been hearing predictions from the likes of Gerald Celente?

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The Paul-Grayson Amendment Passes

Stacy Summary: Grayson sums it up quite well. And, Mish, who is On the Edge today, has a nice summary here.

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Audit the Fed Bill: Attempted Saturday Night Massacre Underway

Stacy Summary:  Morning!

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Barney’s audit promise and more new emergency presidential powers

Stacy Summary:  What say ye?   I note in the ‘emergency control’ over internet story, this paragraph:  “Probably the most controversial language begins in Section 201, which permits the president to “direct the national response to the cyber threat” if necessary for “the national defense and security.” The White House is supposed to engage in “periodic mapping” of private networks deemed to be critical, and those companies “shall share” requested information with the federal government. (“Cyber” is defined as anything having to do with the Internet, telecommunications, computers, or computer networks.)“  So, the emergency powers would extend to personal computers as well as the actual internet?

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Cash for clunkers, pension shortfalls & auditing the Fed

Stacy Summary:  Just 9% of Americans think auditing the Fed is a bad idea.  That suggests Bernanke’s tour is a bust!

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Goldman Rules: Fed issues threat to destabilize markets if Congress gets oversight

Stacy Summary:  Huge tip of the hat to Mike2liverpool for this!!!   Seems the Fed has learned a valuable lesson from Paulson . . . your thoughts!?

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