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Democrats Oppose Fed Audit, Don’t Want to Give the Impression That They Meddle in Financial Affairs

Carmen55 Wrote: Jul 26, 2012 5:52 PM
Reid call for this back in ninety-five so seventeen years later he is running like a lap dog and saying no how do you spell HYPOCRITE Harry Go back to the GOLD stander to hell with the rest of the World we must take care of America before we can put Our Pants on again lets start all Over Now not in November send all the Socialist the Door and whom ever wants something for nothing. Send them packing.
RyanM Wrote: Jul 26, 2012 6:16 PM
Now this is interesting. Reid also called for tough immigration enforcement during this same period.

You can’t make this stuff up. Democratic leaders are apparently worried that auditing the Federal Reserve will give the financial market a reason to worry about lawmakers wanting to intervene in financial affairs. That ship sailed a long, long time ago. From the Washington Times :

 

Fed Chairman Ben S. Bernanke doesn’t like the prospect of such a broad audit, calling it a “nightmare scenario” last week and saying it would lead to politicians second-guessing his decisions.

 

Opposition in Congress came chiefly from Democratic leaders, who said they doubt the bill ever becomes...