2016 Postmortem
Related: About this forumDidn't Bernie Want To Audit The Fed?.....
One of the Repugs tonight suggested they do that. I thought Bernie was pushing this. What's the story?
Recursion
(56,582 posts)The Federal Reserve is a convenient punching bag on both ends of the ideological spectrum, largely because the general public doesn't have any idea what it actually is or does, so you'll occasionally see some strange bedfellows.
Edit: Ron, not Rand; this was back in the House.
Luminous Animal
(27,310 posts)Recursion
(56,582 posts)Even if I dislike his motivations, I'm glad he does that, at least.
Gloria
(17,663 posts)By dropping support for his own bill to vote for a watered down version.
Recursion
(56,582 posts)Gloria
(17,663 posts)This was back around 2009, I think...the details are floating around DU somewhere...
Luminous Animal
(27,310 posts)finding out what that audit revealed (hint
it wasn't pretty.)
PoliticAverse
(26,366 posts)in secret loans to banks, corporations and governments.
You can read the audit by the GAO here...
http://www.gao.gov/new.items/d11696.pdf
An article discussing the audit...
http://www.sott.net/article/250592-Audit-of-the-Federal-Reserve-Reveals-16-Trillion-in-Secret-Bailouts
Gloria
(17,663 posts)As I posted before with video, he switched at the last moment to support the watered-down version. Paul did not know until the last moment and put out a video explaining how he felt betrayed...if you search DU you should be able to find it...j