"Frank seeks compromise on Fed audit bill; Bernanke says he is concerned about political meddling" by Reuters | August 31, 2009
WASHINGTON - US Representative Barney Frank, chairman of the House Financial Services Committee, hopes to craft a compromise bill with lawmakers who want to open Federal Reserve monetary policy decisions to audits.
A bill sponsored by Texas Republican Representative Ron Paul that would allow the Government Accountability Office, a congressional watchdog agency, to audit Fed interest-rate decisions has won the cosponsorship of more than half of the House.
Federal Reserve chairman Ben Bernanke has warned the bill would compromise the US central bank’s policy-making independence and could undermine financial markets and the economy.
Translation: I WILL WRECK YOUR ECONOMY if you persist in examing our theft and control of the world's money supply.
The Financial Times reported that Frank hopes to move forward a compromise measure that would safeguard the Fed’s independence while enhancing transparency and creating checks and balances for the central bank’s use of emergency lending powers.
Steven Adamske, a spokesman for Frank, on Saturday told Reuters that the congressman would work with Paul on a compromise bill. He said compromise language had not been written and provided no details. A spokesman for Paul could not be reached for comment....
I can't speak for Ron Paul and wouldn't want to; however, I HAVE HAD it with COMPROMISE!!!!
YOU GUYS COMPROMISE for a CHANGE!!!!!!!!!!!
I've been ASKED TO COMPROMISE about EVERYTHING for YEARS NOW!!!
Be patient, wait, things take time, and ALL the OTHER HORSE S***!!!!
So the DAYS of COMPROMISE are OVER, a**holes!!!!!!!!!!!!!!!!!!!!!!
Sorry, readers, for the outburst.
Also see:
Memory Hole: Barney and Business
Barney Frank is Bush's Best Friend
Barney Frank Benefited From Bailout Bill
Frank Fiddled With Bailout Funds (And Other Frauds)
Slow Saturday Special: Protecting Politicians
Municipal Bond Milking
Just call him FRANK the FRAUDSTER!!!
You SEE whose interests HE is WORKING FOR, don't you?
Thus the "compromise!"
