After a Democrat filibuster of Rand Paul’s “Audit the Fed” bill – reintroduced in January along with 8 co-sponsors and passed by 53 Senators including Bernie Sanders, the Senator from Kentucky believes he may find a friend in President Trump, who has previously endorsed the idea. Opponents to the audit, also known as establishment shills, suggest that transparency might lead to scrutiny. You don’t say? On Tucker Carlson Tonight, Paul explained how the Fed hurts people:
The reason I want oversight is people get hurt in the downturn,” Paul said. “So in 2008, when the housing market went bust, I blamed that on the Federal Reserve. We’re right in the middle of another boom. Anybody seen the stock market lately? It is a boom, just like the real estate boom of 2008, and it will come to an end. I wish I knew exactly when, so I could give your viewers some investment advice, but it will end. There will be a correction.” –RealClearPolitics
Given the Trump’s rollback of Dodd-Frank, which included provisions to audit dark money emergency lending facilities (yet harmed small businesses and community banks) – Auditing the Fed is perhaps more important than ever.
Just as interesting: Carlson, a patriot, brought up another issue which Rand Paul and many others feel strongly about; rumors of Neoconservative Never-Trumper Elliott Abrams imminent appointment as second in command at the State Department. As Paul writes in a Rare op-ed yesterday:
Crack the door to admit Elliott Abrams and the neocons will scurry in by the hundreds.
Neoconservative interventionists have had us at perpetual war for 25 years. While President Trump has repeatedly stated his belief that the Iraq War was a mistake, the neocons (all of them Never-Trumpers) continue to maintain that the Iraq and Libyan Wars were brilliant ideas. These are the same people who think we must blow up half the Middle East, then rebuild it and police it for decades.
As Think Progress writes of Abrams:
Abrams was one of the defendants in the Iran-Contra Affair, and he pled guilty to two misdemeanor counts of withholding information from Congress. He was appointed Special Assistant to the President and Senior Director on the National Security Council for Near East and North African Affairs during Bush’s first term, where he served as Bush’s chief advisor on the Middle East.
That’s about as swampy as it gets, and contrary to just about everything Trump campaigned on.
Paul had the following to say on Tucker about Abrams:
Someone who was a never-Trumper should never be in a Trump state department – for goodness sakes!
President Trump has been different than many. He said that Nation building hasn’t worked. When he said that, Elliot Abrams said “He’s absolutely wrong, Nation building is exactly what we need to do.”
Regime change, Iraq War; Elliot Abrams was one of the key architects of the Iraq War. We don’t need people with a failed policy back in. Donald Trump represents something new and different, and is I think, a welcome relief from the Neocons.
Tucker: “I’m baffled by it, to be honest.”
If you enjoy the content at iBankCoin, please follow us on Twitter
Iraq is such a catch 22. If we leave it will turn in an Islamic Caliphate. Time for fresh ideas.
The most exciting thing in politics is Senator Cottons’ Immigration bill. It cuts immigration in half and ends extended-family chain migration which is a disaster. Contact your Reps, let’s get it done.
https://www.senate.gov/
Fuck that dude. Give the President a chance. Bitching and whining about every little thing is the opposition. Just like the traitor MSM.
“That dude” being the Republicans suddenly horrified the President is not turning shit into gold overnight. Obviously.
We all know how Trump feels about revenge. So why appoint a dickhead who’s talked shit the entire election? Its bullshit and #2 position at the State dept. isn’t a little thing.
The rest of the team – we’ll have to see how it all plays out, but Abrams is as close to an enemy as you can get.
Don’t be so baffled. He fits right in with Tillerson, a major globalist.
Tillerson is an oil man. The idea that big oil and/or Goldman alumni is synonymous with global shills is a misnomer.
Zero. What do i know. Nothing. Just see mortars coming from all sides and America just wants a fucking job. Make it about whatever and those tax cuts and 0care things people really care about go nowhere. But like said. Republican swamp creatures suddenly finding religion seems rich after all these years. Could be wrong just like the idea of time given. Has been 3 weeks.
Rand Paul is a massive baby. He gets too much air time.
Iran-Contra occurred because of the lawyer/politicians of DC meddling in affairs they knew nothing about. Reagan got results, end of story.
And Reagan knew one thing, stay out of the mid-east, keep the foot print light.
Reagan, the only non-war president of modern times, although the dems painted him as a war hawk but failed. “Oh” they said, “he’s got his thumb on the nuclear button, he going to kill us all, hating on the Russians and all that”. Funny, he went to the meeting with the Russian President wearing a summer suit in -20 weather. Meanwhile, Gorbachev shows up wearing a heavy overcoat and hat. Optics.
On the other hand W and 0bama couldn’t help but romp around, causing immigrants.
Nation Building and Arab Spring.
29 minutes into this video is the moment. Great set up after about 25 minutes.
https://www.youtube.com/watch?v=jA4XxUEb_EE
I’m not against auditing the Fed but Rand Paul is talking bad pseudo-economics out his ass. People being vocal about issues they know little about is infuriating. I wouldn’t want the retards in Congress politicizing monetary policy. Sounds scary.
t.c., Paul gets “too much air time”? ….he has been boycotted by most of MSM since forever. The Fed is the facilitator of all the wars and debt and your comment is idiocy as are most of the comments here.
Paul is your champion and Trump, if he is not a neocon shill, will need and applaud the efforts of folks like Paul in order to keep the warmongers from prevailing.
Anyway, thank you Zeropoint for TRYING to educate your readers …keep plugging.
Might be not much of a stretch to say monetary policy is politicized already… it is in response to spending by Congress.
One by one, the Trump administration is co-opted by zionists. He needs insiders to get anything done and most insiders are zionists. Raw deal.
ferd. Everyone in these hallowed halls knows zeropointnow is a first class patriot. Good job trying to buy a pack of cigs with fucking gold dust. Save the girl then help the dude.
Someone should really tell Rand Paul that the fed gets audited:
https://www.federalreserve.gov/faqs/about_12784.htm
Short of mic’ing every conversation in the fed, I don’t see how his audit would find something not already publicly available.
I like the Rand. He is the best of the Republicans. And couldn’t agree more with him about these neo-cons infiltrating the Trump admin.
Ferd, I like Paul. He is a first class, well meaning, nice guy, but I think he comes across as a baby in the way he advocates and argues. More importantly he is a cuckold through and though, and I don’t see any hint of that changing about him. We’ve got the country on fire from 7 different angles and Paul is still bitching about the fed – he’s playing 1d checkers
The fed is not a side issue. Printing money and suppressing interest rates steals from the wholesome, honest person saving to take care of their own shit …it steals from the future; and it transfers money to the already asset-rich. The already asset-rich are the globalist elite that y’all bitch about. They are the people running the show and they likely view your fires from seven different angles as a side show.
Trump wants a friendly fed to finance his spending plans. Will there be a deal cut …one that we will not hear anything about? More spending? More wars? More concentration of wealth? …will we settle for just some infrastucture improvements …instead of Obama phones?
Just curious.. what defines the global elite in your views? Wealthy people? How wealthy?
Business owners? Corp executives? Bankers? What is the goal of a Fed audit?
Trump’s proposed massive spending on infrastructure will require huge deficits which will worsen the issues cited above. Right?
Hey ferd, the West is being overrun, that’s what matters. Honestly, I like Rand and if the world was Sesame Street, he would the right man for the job. He was easily my favourite pres candidate this time around.
Rand Paul intends to file a bill that, among other things, would make legal price-fixing and collusion in the medical industry.
http://market-ticker.org/akcs-www?post=231812
“While President Trump has repeatedly stated his belief that the Iraq War was a mistake” but thinks war with Iran is good…..go figure.