Elizabeth Warren

pacna

(1 post)

12. This bill doesn't get rid of the Federal Reserve

Wed Feb 11, 2015, 03:10 PM

Feb 2015

All this bill does is give more congressional oversight and allows the people to see what is happening at the Federal Reserve. If allowing the public to know what government operations are doing through an audit by their representatives is "politicizing monetary policy," then "politicizing" something seems to be pretty similar to "Democracy." Who is the Fed supposed to be accountable to, if not the people? An organization with complete power over monetary policy without public oversight is literally the definition of oligarchy, something I am strongly against.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

13 replies

= new reply since forum marked as read

Highlight:

Sen. Warren Opposes ‘Audit the Fed’ Bill [View all] n2doc Feb 2015 OP

Sellout! Cayenne Feb 2015 #1

Who is a sellout? You think a Rand Paul or a Ted Cruz should be meddling in the Fed? djean111 Feb 2015 #3

So what? Fed still needs an audit Cayenne Feb 2015 #5

You want to re-read the OP, I think, particularly the part that says MADem Feb 2015 #13

She is right. The GOP just wants to politicize it. djean111 Feb 2015 #2

Here is a hint "those decisions are already made for BASE greedy reasons and have dangerous Vincardog Feb 2015 #4

Elizabeth Warren is wrong here. She's not completely transitioned Demeter Feb 2015 #6

So you agree with Rand Paul here? really? RiverLover Feb 2015 #7

So it is better to let a corporation decide policy and rates for us? Cayenne Feb 2015 #8

You have it backwards, congress IS controlled by banksters RiverLover Feb 2015 #9

“Congress shouldn’t be telling the Fed what to do with monetary policy.” Cayenne Feb 2015 #10

You really need to do your homework davidpdx Feb 2015 #11

This bill doesn't get rid of the Federal Reserve pacna Feb 2015 #12