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According to the Washington Independent, the amended version of Audit the Fed passed the Senate 96 to 0, which would lead one to believe that the libertarian activism and tea party protests around the country are finally getting some where. But consider this: Another version that was closer to the original -- that is to say, it would've created a regular audit rather than a one-time audit, lost miserabley 37 to 62. I
This leads me to believe that this is just status quo politicking. Why?
Answer me this...
Why would a senator vote to audit the Fed for this year, but not be concerned about next year nor the year after that nor the year after that. Only thirty-seven senators thought that it might be prudent to keep on looking into what the Fed is up to later?
I don't care whether you are for or against auditing the Fed but it makes no sense at all to conduct a spot audit and never audit again. What this spells to me is that this is only political expediency that is on display here.
The more things stay the same the less they change...
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Comment by Mark Frazier on May 14, 2010 at 12:41pm In a matter of days this site will be up and majorly running! I look for it to become one hell of a nexus for Libertarian expatriates. Let's get on the band wagon!
Created by Gary Dale Cearley Feb 11, 2010 at 11:58pm. Last updated by Gary Dale Cearley Feb 12, 2010.
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Created by Gary Dale Cearley Sep 27, 2009 at 8:55pm. Last updated by Gary Dale Cearley Oct 10, 2009.
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