vzn

vzn
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software engr born 1970. coding from young age. "digital brain" but with lots of feelings too. writing here mainly to publicize a few key issues, let off some steam, & for the feedback. plz write me comments, very much appreciated!! even on old posts!! helps me gauge reader interest/ reaction & steer direction of new posts. oh, and IMs often make my day & I usually reply. and long IM conversations are my favorite.

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MAY 6, 2010 10:22PM

fed audit tipping point close? or too good to be true?

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hi all. I should just let the links do the talking. it seems too good to be true... senate is close to an agreement on auditing the fed, with Reid supporting it, even as bernanke says it will make the sky cave in [as usual]. months go by and nothing happens, and then it all happens in a flash.

to me the audit should be unconditional, but the fed may yet figure out how to keep the GAO out of "FOMC" or "federal open market committee" operations. call me cynical, its probably another loophole big enough to drive an embezzlement thru, but whats a few zillion between friends?

and the word is that the obama administration is steadfastly opposed!! rahm emmanuel is said to be working against it, and there are complaints about it. it feels a little like a setup for a big Veto. which would be stunning if it came about, and a very big game of "chicken" that obama would be playing with the mass public of the US....

oh yeah, and the fed has hired expensive lobbyists to work against the bill/audit. hmmm, thats strange-- fed in charge of the US currency and liabilities, adding them at the stroke of Bernanke's pen, and then hiring fervent lobbyists to tell congress to Back Off. whats wrong with this picture? not much I guess, its just "business as usual" for the last century....

sometimes I like to imagine that doomsday 2012 will not be the end of the world, but maybe the end of the Fed?? or at least, the mass public slumber/hallucination/deception....? a boy can always dream....

anyway, this is the closest the american political structure has ever gotten to taking the Red pill, and it has the potential to be a momentous occasion-- or not....

these are links Ive collected over many months.. hope you'll hit on a few or more.. at the minimum at least read the titles....

and dont forget to Question Authority.....

Bernanke Says Audit Measure Threatens Independence (Update1)
http://www.businessweek.com/news/2010-05-06/bernanke-says-audit-measure-threatens-independence-update1-.html

Fed Audit Amendment Deal Struck In Senate
http://www.huffingtonpost.com/2010/05/06/fed-audit-amendment-deal_n_566661.html

Fed Transparency: Dorgan, Grassley Push Amendment To Disclose Spending 
http://www.huffingtonpost.com/2010/05/05/fed-transparency-dorgan-g_n_564790.html

Rahm Working With Fed To Beat Back Audit
http://www.huffingtonpost.com/2010/05/03/rahm-working-with-fed-to_n_561505.html

Fed Privately Lobbying Against Audit, Documents Show
http://www.huffingtonpost.com/2010/05/04/fed-privately-lobbying-ag_n_562330.html

Why Is There Even a Question About Auditing the Fed After it Failed So Badly?
http://seminal.firedoglake.com/diary/45068

Audit the Fed: What Did They Do With Our Money?
http://tpmcafe.talkingpointsmemo.com/2010/05/01/audit_the_fed_what_did_they_do_with_our_money/

audit the Fed NOW!!
http://www.chooseliberty.org/auditfed_us.aspx?pid=us02

The trillion-dollar fraud
Why is the Fed so opposed to being audited, and what does it have to hide?
http://www.salon.com/news/opinion/feature/2010/05/01/trillion_dollar_fraud/Keeping
the Fed Honest -- Why is the Federal Reserve so afraid of openness and accountability?
http://www.slate.com/id/2253236/

Reid Backs Breaking Up Banks, Auditing Fed
http://www.huffingtonpost.com/2010/05/06/reid-backs-breaking-up-ba_n_566192.html

Who Got Our $1,000,000,000,000? Rep. Alan Grayson
http://www.huffingtonpost.com/rep-alan-grayson/who-got-our-1000000000000_b_560964.html

Audit the Fed: Bernanke and the Bankers Are Running Scared
http://www.infowars.com/audit-the-fed-bernanke-and-the-bankers-are-running-scared/

The trouble with the Fed's secret bailout
http://www.salon.com/news/federal_reserve/index.html?story=/opinion/feature/2010/04/01/secret_fed_bailout_open2010

The Fed's Trillion-Dollar Shadow
http://www.huffingtonpost.com/rj-eskow/the-trillion-dollar-shado_b_518019.html 

Is Bernanke Hiding A Smoking Gun?
http://www.huffingtonpost.com/2010/01/26/is-bernanke-hiding-a-smok_n_437509.html

Stop the Federal Reserve From Shredding Its Records
http://www.huffingtonpost.com/robert-auerbach/stop-the-federal-reserve_b_385328.html 

Fed E-Mails On AIG Show Disdain For Transparency
http://www.huffingtonpost.com/2010/01/25/fed-e-mails-on-aig-show-d_n_435431.html

Economists Opposing Fed Audit Have Undisclosed Fed Ties
http://www.huffingtonpost.com/2009/11/18/economists-opposing-fed-a_n_362287.html

Ron Paul Strikes Gold -- Why the oft-marginalized congressman is the greatest threat to Obama’s regulatory plan.
http://www.thebigmoney.com/articles/mothers-milk/2009/07/02/ron-paul-strikes-gold

Audit The Fed Effort Under Threat In House
http://www.huffingtonpost.com/2009/11/17/audit-the-fed-effort-unde_n_361389.html

6 Congress Members Demand Fed Audit in Response to AIG Payments to Bankers
http://www.huffingtonpost.com/2009/11/18/economists-opposing-fed-a_n_362287.html

Plan for Congressional Audits of Fed Dies in Senate
http://online.wsj.com/article/SB10001424052748704370704575228164133105390.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

We Must End Fed Secrecy by Rep. Bernie Sanders
http://www.huffingtonpost.com/rep-bernie-sanders/we-must-end-fed-secrecy_b_568263.html

save the economy!! audit the fed!! slice the parasite(s)!! [by vzn]
http://open.salon.com/blog/vzn/2009/11/09/save_the_economy_audit_the_fed_slice_the_parasites

 

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I had no idea that the Fed hired and utilized lobbyists to persuade Congressmen on the Hill. That's disgusting and should not be allowed.

These guys are all scum. I hate them all so very, very much.