Auditing the Federal Reserve – Ron Paul style Posted on December 1, 2009 by admin Related PostsMy bill will bring 100 percent transparency to our financial markets, prevent future bailouts and, most importantly, protect Main Street.How Paul Volcker will save the worldRon Paul guest hosts on CNBCs Squawk Box for an hour.
I dunno, even if the Fed is already politicized, is this going to make them more or less politicized in the future? I would guess more, and that you might do more harm than good closing the barn door late, especially since the Fed’s “capture” by finance interests is going to be moderated by public discourse and informal monitoring at this point. Audits would generally work against the administration though.
Every bit of public spending should be audited. Period.