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Thread: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by Kandahar View Post
    Yes, the Fed has done an outstanding job recently. I am truly impressed by Bernanke's performance.
    Really? Why is the USA in a major downturn?



    Military tactics (not strategy) are another area that I agree should not be politicized.

    Military strategy, health care, and energy policy are areas that can at least affect people's day-to-day lives, which makes them at least marginally qualified to offer an opinion on them.
    ....
    So you don't think Fed policy affects people's day-to-day lives? That's interesting...

    .

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by TOJ View Post
    Really? Why is the USA in a major downturn?



    So you don't think Fed policy affects people's day-to-day lives? That's interesting...

    .
    guess you did not hear the announcement. The recession is over
    seriously, they said that

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    Quote Originally Posted by jallman View Post
    How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by Dav View Post
    Most of the time I'd be with you. 99% of what Ron Paul says I perceive as crazy.
    Why do you find it so easy to reflexively label Ron Paul as crazy?

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by Ethereal View Post
    Why do you find it so easy to reflexively label Ron Paul as crazy?
    His stance on issues for me.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by Dav View Post
    Most of the time I'd be with you. 99% of what Ron Paul says I perceive as crazy. However, this audit needs to be done. I don't see any harm that could come out of a simple check-up - after all, if they have nothing to hide, what harm would it do to simply find that out?

    The Fed has simply become too powerful; it needs to be checked.
    The problem as I see it is that with a topic so complicated, the audit won't actually prove anything for any one, and will just provide political ammunition to both sides. It's a waste of time with no good outcome in my opinion.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by SouthernDemocrat View Post
    I can't see where its a good idea to politicize monetary policy. God help us if congress ever gets any control over it.

    I am against a return to the Gold Standard, but if its between that and congress politicizing monetary policy, the Gold Standard would probably be the lesser of the two evils.
    At least the Government couldn't just print more gold, there by decreasing the value of your gold.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by DeeJayH View Post
    guess you did not hear the announcement. The recession is over
    seriously, they said that
    Ya, I saw that too 'oh the recession is over, people are still losing their jobs at almost unprecedented rates but it's an improvement'...

    If the improvement gets much better, everyone will get to enjoy the vibrant jobless ecnomy. Does anyone actually believe this??

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by BmanMcfly View Post
    Ya, I saw that too 'oh the recession is over, people are still losing their jobs at almost unprecedented rates but it's an improvement'...

    If the improvement gets much better, everyone will get to enjoy the vibrant jobless ecnomy. Does anyone actually believe this??
    I thought a recession was defined by a decrease in 2 quarters
    and that the end would be proven by a quarter with increases

    than again, we are talking about the same old dolts that 'did not see this economic collapse coming' so why is it they are still experts people listen too??????????

    Human Taxidermist - - now offering his services for all your loved ones
    Quote Originally Posted by jallman View Post
    How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    Quote Originally Posted by Redress View Post
    The problem as I see it is that with a topic so complicated, the audit won't actually prove anything for any one...
    Monetary policy is complicated, therefore an audit won't prove anything for anyone.

    I'm not sure I follow.

    ...and will just provide political ammunition to both sides. It's a waste of time with no good outcome in my opinion.
    Politicians will argue over monetary policy, therefore an audit is a waste of time.

    Okay, now I'm really confused.

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    Re: Rep. Frank: House will pass Ron Paulís Ďaudit the Fedí bill this year

    You know, the more I think about it, the more I don't think the gold standard was such a bad idea after all.

    I mean, with all this argument over monetary policy, maybe things would just be better if there were no monetary policy....

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