How much do you know about the Federal Reserve? This video is a great primer:
Did you catch the latter part of that video? Harry Reid—a long-time proponent of auditing the Federal Reserve—now suddenly won’t let the recent bill that passed the House to even come to a vote in the Senate. Why not? Does he have a suddenly-expanded bank account in the Cayman Islands—something as a little incentive for his recent change of heart? After all, when you dole out $16 trillion dollars in bailing out old friends and fraternity brothers, what’s a little more to keep that sort of thing hidden?
I think a good, sturdy audit of the folks controlling our (government-mandated) money supply would be enlightening. I’d like to know, for instance, the Fed’s role in the Libor scandal—a scandal in the range of many times the total in bail-out money recently doled out. Hey—maybe a little hush-money my way for an off-shore bank account so I can enjoy some rum and cigars with Mr. Reid?
But then again, maybe I’d sooner find myself swimming with the fishes.