Bill to Audit the Fed Close to Passing

Comment by Chris Outwater on September 20, 2009 at 4:54pm

I agree with Dr. Paul on this! I also think that the book, Meltdown by Thomas E. Woods, Jr., should be a good read on this subject. You can download the first chapter for free from his site. I did last night and it was quite interesting reading.
I believe that we are at the beginning stages of another Fed bubble, so I am bullish on equities for now. But I do not understand why we are channeling the taxpayers' money back through the same players and institutions that got us into this crisis. I do not see the change I expected and for which I voted. I do not see bank reform---just stalling and rhetoric.
I hope that enough of the Recovery money somehow finds its way into real technology and infrastructure development that will truly add value to our nation. Paying bonuses to people who are packaging deals and moving money around in new and mysterious ways will not get us very far.

Comment by Steven Vincent (test) on September 20, 2009 at 5:26pm

Agree with your comment. If we get another bubble the collapse next time will truly be horrific. I do think that we will see a big technology (including Green Technology) revolution that will create new industries, productivity and efficiencies in the national and global economies. If we don't then we are in BIG trouble. Also see Ron Paul's brand new book, END THE FED. (GOOGLE IT).

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