You are here
New York Sun: The Fed's right mind?
From the New York Sun
Friday, February 6, 2015
It looks like the Federal Reserve is starting to worry about Senator Rand Paul's plan to audit the central bank. The way the Hill newspaper, which covers Congress, puts it this week is that the Fed is "lashing out" at Mr. Paul's plan, which, it said, could gain traction now that the Republicans are in control of the Senate as well as the House. It quotes the president of the Dallas Fed, Richard Fisher, as demanding, in an interview, "Who in their right mind would ask the Congress of the United States -- who can't cobble together a fiscal policy -- to assume control of monetary policy?"
Who in their right mind? How about George Washington, James Madison, Alexander Hamilton, and the rest of the rest of the authors of the Constitution. ...
If the Congress is so inept at budgeting, why has the Federal Reserve been buying up the paper it's kiting? The Fed has taken onto its books more than $2 trillion in federal debt. ...
... For the complete commentary:
http://www.nysun.com/editorials/the-feds-right-mind/89032/
Anglo Far-East: Think Outside the Bank
Here's what one of our generationally wealthy clients has to say about AFE:
http://www.afeallocatedcustody.com/research/teleconferences/download-inf...
To get started, please visit:
https://secure.anglofareast.com/
Anglo Far-East: Think Outside the Bank
Join GATA here:
Mining Investment Asia Conference
Resorts World Convention Centre
8 Sentosa Gateway, Sentosa Island
Singapore
Wednesday-Friday, March 18-20, 2015
http://www.mininginvestmentasia.com/
Mines and Money Conference
Hong Kong Convention and Exhibition Centre
1 Expo Drive, Wan Chai
Hong Kong Special Administrative Region, China
Monday-Friday, March 23-27, 2015
http://www.minesandmoney.com/hongkong/
* * *
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
