Thursday, April 30, 2009
Stalking The Fed
King Banaian of SCSU Scholars just posted a very informative post regarding H.R. 1207, a bill that would instruct the General Accounting Office to audit the Federal Reserve. As an economist, he argues against it. You can find out why by clicking here.
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The way we finance our national debt is unsustainable: It is madness! There is a better way. Check out www.sons4liberty.blogspot.com
The way we finance our national debt is not entirely caused by the Fed. It is caused by wreckless spending by politicans in Congress. We need a Balanced Budget Amendment with teeth - moreso than Congressional tinkering with the Fed - aka Barney Frank, Chris Dodd, Henry Waxman and "oversight."
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