On procedural grounds, the Senate blocked a bid to permit the U.S. comptroller general, who heads the investigative arm of Congress known as the Government Accountability Office, to audit the Federal Reserve system and issue a report.
…The audit would have included details about the Fed’s discount window operations, funding facilities, open market operations and agreements with foreign central banks and governments, DeMint said on the Senate floor.
“The Federal Reserve will create and disburse trillions of dollars in response to our current financial crisis,” DeMint said. “Americans across the nation, regardless of their opinion on the bailout, want to know where the money has gone. “Allowing the Fed to operate our nation’s monetary system in almost complete secrecy leads to abuse, inflation and a lower quality of life,” he said.
Share on Facebook 1 1 SHARES One of the most charismatic men of the 2016 campaign, a victim of both circumstance and Donald Trump, Jim Gilmore was never given a chance. But, here is Jim Gilmore being awesome. However, The Hill is reporting that Gilmore is set to exit a stage he was never really on. “My campaign was intended to offer the gubernatorial experience, with | Read More »
Share on Facebook 1 1 SHARES Politicians tell a lot of whoppers, but some are obviously more blatant or galling than others. In John Kasich’s case, he doesn’t think small and goes straight for the top, as part of a smear against his opponents and a lie about himself. Take a look: First, this article from the Wall Street Journal, hilariously titled ““Kasich: I’m a | Read More »