Democrats are scared of Trump.

[Tsing Tao]

When you see the word "mook", you mean?

The word mook is enough to derail all the other info?

 

[Ricter]

Like I said before, just let the man keep talking...

Fox News CEO Demands Donald Trump Apologize For New Megyn Kelly Attacks
"Trump's surprise and unprovoked attack on Megyn Kelly during her show last night is as unacceptable as it is disturbing."

 

[Tsing Tao]

The transparency act which I would have supported had the Watt amendment passed, was introduced six years ago.
Since then, I have vehemently opposed all of Paul's proposed legislation along those same lines without the protection for independence of Fed Monetary policy. Thankfully there is no chance any of this crazy legislation will become law and no chance that Rand Paul will become President. .

http://www.slate.com/blogs/moneybox..._to_audit_the_fed_if_he_succeeds_it_will.html

Right - and so the cycle of boom and bust, and banker influence/ownership and paid politicians, and printing to fund wars, etc, will continue.

Definition of Insanity.

 

[Ricter]

The word mook is enough to derail all the other info?

With the word included, who cares?

 

[Tsing Tao]

With the word included, who cares?

Only those who use it as an excuse not to address the issue, I guess.

 

[piezoe]

Right - and so the cycle of boom and bust, and banker influence/ownership and paid politicians, and printing to fund wars, etc, will continue.

Definition of Insanity.

I would say it will continue in your mind at least as long as there is a you tube and a zero hedge..

 

[Ricter]

If they're not, then why is it so wrong to provide a full audit?

What information is not currently public?

 

[Ricter]

Only those who use it as an excuse not to address the issue, I guess.

It's not an excuse. Not everything posted on the internet is equally worthy of respect. The presence of the word "mook" is like perfume on a resume--into the trash it goes.

 

[Tsing Tao]

I would say it will continue in your mind at least as long as there is a you tube and a zero hedge..

Good thing the market crash yesterday was only on youtube and zerohedge. The rest of the world escaped it! Whew!

 

[Tsing Tao]

What information is not currently public?

Right from the Slate article that Piezoe posted, there's a good example:

Sure, you can go online and see every asset on the Fed’s balance sheet, including its serial tracking number. But, Paul says, that doesn’t tell readers “who they bought them from or whether they were bought at fair market price or whether they were bought at a haircut and whether or not there were any conflicts of interests in the buying and selling.”​

Additionally, I'd like to know why the Fed fought so hard and for so long to release the names of banks that borrowed from the discount window during the crisis, and why - when they finally were ordered by the court to turn over the info - they still held back information.

Further, I'd like to know why the Fed continues to ignore investigations into leaks of information, and why anyone who asks a question on it (like good ol' Pedro) gets dismissed.

These are just some examples. It's a shadowy organization that hides information under the pretense that "it's fully transparent and everything is there for you to see" yet fights tooth and nail to keep things hidden on request. If there were nothing to hide, why all the fighting to do so?

To pretend that the Fed is independent in it's monetary policy setting is downright hilarious. Banks "advise" the Fed what to do, and it does it. End of story. The Fed has never (that I can recall) done something against the bank's "recommendation". Perhaps back in Volcker's day.