Chairman Bernanke... was appointed 3 times to important economic positions by George Bush... whose integrity and intellectual honesty ought to be unquestioned.
The most important, according to the way it is presented here, is what is going on in Europe.
We have had this for 5 years, and we are still in a mess.
That bill has nothing to do with transferring who does monetary policy. It is strictly a transparency bill.
We have had trouble for 5 years. The monetary system, you say this is not the be-all and end-all.
You can't amend the Constitution by just saying we are going to create some secret group of individuals and banks.
Because when the Fed talks about independence, what they are really talking about is secrecy, not transparency.
to quote the chairman, it sometimes isn't.
Congress keeps spending the money. Welfare expands exponentially. Wars never end.
It is the destruction of the currency that destroys the middle class.
Trillions and trillions of dollars being printed out of thin air, and bailing out their friends.