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Fed Audit Debate In Process At House Financial Services Committee

Tyler Durden's picture




Catch every minute of the House Financial Services Committee deciding the fate of the Federal Reserve live now at the following link.




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Thu, 11/19/2009 - 14:57 | Link to Comment Astute Investor
Astute Investor's picture

How much to buy you Mr. Watt?

Thu, 11/19/2009 - 15:01 | Link to Comment Deficient Market
Deficient Market's picture

I'll chip in too! If we make a pool and have every unemployed American donate just ten cents, I'll bet that it will add up to more than the sum that Mr Watt is selling his country for.

Thu, 11/19/2009 - 15:11 | Link to Comment Hephasteus
Hephasteus's picture

These jackasses at congress are barely millionaires. All them put together wouldn't make a good goldman bonus.

Thu, 11/19/2009 - 15:04 | Link to Comment John McCloy
John McCloy's picture

This is a very impotant meeting.
Citizens needs a true Fed Audit

Thu, 11/19/2009 - 15:04 | Link to Comment John McCloy
John McCloy's picture

This is a very impotant meeting.
Citizens needs a true Fed Audit

Thu, 11/19/2009 - 15:13 | Link to Comment Lux Fiat
Lux Fiat's picture

Remember what happened in the past when Wall St. didn't get it's way quickly (or had it's interests seriously threatened)?  That's partly the lense that I view last fall's meltdown through.  Could it be time to look out below?

Thu, 11/19/2009 - 15:12 | Link to Comment Andrei Vyshinsky
Andrei Vyshinsky's picture

It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.... Josef Stalin

Ron Paul would seem not to grasp the above principle. At 70 + years of age, he really ought to start to try.

Thu, 11/19/2009 - 15:13 | Link to Comment D.O.D.
D.O.D.'s picture

Certainly you realize that it's all in how you cast your vote.  I'm sure Stalin realized that too.

Thu, 11/19/2009 - 15:35 | Link to Comment Andrei Vyshinsky
Andrei Vyshinsky's picture

Well, one thing's clear, that if Stalin had ever invited a fool like Paul to one of his evening dinners at the Kremlin together with selected members of the Politboro, initially he would have given him free reign to express himself in the dinner conversation. He might even have showcased Paul while doing so. Deceived into the impression that his viewpoint was being tolerated, Paul would have been lured into a false sence of security. Only then would Stalin have moved against him, arresting and interrogating him and eventually seeing to his trial and execution. Something similar awaits Paul's legislation, already gutted into meaninglessness at this point. As to Paul himself, he is entertainment to the ruling clique.

Thu, 11/19/2009 - 15:41 | Link to Comment D.O.D.
D.O.D.'s picture

touche'

And it's very likely had Spock not saved Kirks' life on Vulcan, Scotty would have made it to be Admiral. 

Thu, 11/19/2009 - 15:41 | Link to Comment cougar_w
cougar_w's picture

And whoever planted the warfarin in Stalin's evening meal was voting, too. And in that moment undid 30 years of opinion making and propaganda in one fatal stroke. Pun intended.

Thu, 11/19/2009 - 16:08 | Link to Comment Andrei Vyshinsky
Andrei Vyshinsky's picture

And a most awful pun it is, comrade cougar-w. :-)

The drug story is, at best, apocryphal. There we're claimants to be sure, Beria, I believe, but these would now seem to be 99.9% puff. And Beria was shot, of course.

Thu, 11/19/2009 - 15:18 | Link to Comment Anonymous
Thu, 11/19/2009 - 15:19 | Link to Comment Anonymous
Thu, 11/19/2009 - 15:31 | Link to Comment MsCreant
MsCreant's picture

"just"

?

Thu, 11/19/2009 - 15:47 | Link to Comment D.O.D.
D.O.D.'s picture

+1

A Barney Frank classic from '05 -

"What housing bubble?"

http://www.youtube.com/watch?v=iW5qKYfqALE

Thu, 11/19/2009 - 15:48 | Link to Comment Hephasteus
Hephasteus's picture

I think he mean's bought, took to a picnic spoiled gave everyone samonella and should have been thrown out years ago. But he may be a bit behind on current events.

Thu, 11/19/2009 - 15:23 | Link to Comment Anonymous
Thu, 11/19/2009 - 15:32 | Link to Comment SWRichmond
SWRichmond's picture

Grayson was awesome.

Thu, 11/19/2009 - 15:34 | Link to Comment AnonymousMonetarist
AnonymousMonetarist's picture

Will admit there was a time that I thought Paul was a nutjob.

That time has long passed. 

Thu, 11/19/2009 - 15:34 | Link to Comment AR
AR's picture

TYLER / Not-with-standing how this vote turns out, you and your staff should be complimented on your efforts in bringing this to the attention of the public.  Good work my friend...

Thu, 11/19/2009 - 15:38 | Link to Comment faustian bargain
faustian bargain's picture

Frank: "blah blah politics blah blah partisan blah blah not my fault blah..."

Thu, 11/19/2009 - 15:41 | Link to Comment ReallySparky
ReallySparky's picture

Good Grief, Barney is a freak.

Thu, 11/19/2009 - 15:45 | Link to Comment cougar_w
cougar_w's picture

Look -- do not look away -- and know true fear.

Thu, 11/19/2009 - 15:43 | Link to Comment faustian bargain
faustian bargain's picture

Frank is chipping away at the bill up until the end.

Thu, 11/19/2009 - 15:43 | Link to Comment Jim_Rockford
Jim_Rockford's picture

Thank you Barney Frank for making me realize that this is a totally partisan issue.  Jesus, can that idiot complete one sentence without uttering "Repubwican" or "Democwat"?

Thu, 11/19/2009 - 15:48 | Link to Comment cougar_w
cougar_w's picture

It's called "identity politics" and works at the macro level, thusly:

There is no "us" there is only "we" and we know who we are. And the rest of you suck.

Thu, 11/19/2009 - 15:51 | Link to Comment Anonymous
Thu, 11/19/2009 - 15:55 | Link to Comment Jim_Rockford
Jim_Rockford's picture

Be wary of Grayson .... he's not as smart as you think I am....  http://www.clickorlando.com/news/20007006/detail.html

Thu, 11/19/2009 - 15:55 | Link to Comment Screwball
Screwball's picture

Thanks for the link ZH, this has been highly entertaining.

Thu, 11/19/2009 - 16:09 | Link to Comment faustian bargain
faustian bargain's picture

what are the odds we'll get a vote at 4pm? just curious if this is a mere formality, or if there's more politics in store.

 

Also what was the procedural answer, I missed it - which thing is being voted on first?

Thu, 11/19/2009 - 16:11 | Link to Comment Anonymous
Thu, 11/19/2009 - 17:08 | Link to Comment faustian bargain
faustian bargain's picture

i think so...waiting for them to come back on line.

Thu, 11/19/2009 - 16:30 | Link to Comment koaj
koaj's picture

i would watch, but hearing Bawney speak makes me homocidal

hey assholes in Newton MA, vote this peckerhead out!

Thu, 11/19/2009 - 17:09 | Link to Comment Anonymous
Thu, 11/19/2009 - 17:09 | Link to Comment Anonymous
Thu, 11/19/2009 - 17:28 | Link to Comment Anonymous
Thu, 11/19/2009 - 18:21 | Link to Comment faustian bargain
faustian bargain's picture

cool, thanks for the link.

Thu, 11/19/2009 - 18:42 | Link to Comment Anonymous
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