Comments on: Ron Paul’s Fed audit idea: Are there any economists in favor?

By: dvictr

dvictr — Wed, 26 Aug 2009 16:23:09 +0000

pwn3d!

By: Daniel J Swanson

Daniel J Swanson — Mon, 17 Aug 2009 08:14:07 +0000

There are many economists that are not in favor of auditing the Federal Reserve. These same economists are could also cannot pass simple tests on physics and thermodynamics. Due to this, they unfortunately cannot understand that our current economy has become unstable due to energy and resource issues. If we want to keep this project that we can the United States going, we eventually will have to issues US dollars without debt, as debt based monetary system becomes increasingly unstable. Learn more by watching the “Crash Course” by Chris Martenson PhD/MBA. http://www.chrismartenson.com

By: Dan Phillips

Dan Phillips — Tue, 11 Aug 2009 13:42:37 +0000

chris chriscz and debbie -you are hateful people who dont understand tolerance. i was typing fast i was in a hurry and i didnt have time to do a spell chekc so give me a break. i have a right to free speach just like you do. i’m not hateful or bigoted to you like you people are to me. your only hirting your cause by acting like tha to me. you still havent provedt o me that those ‘economists’ really know what there talking about. as i said before and james said if they agree with paul tehen that makesme suspicous. im not going to beleive everything i read on interenet like you do. i actually have to reserch things unlike you and ive read enough about paul and his bill and ill tell you it wont work.

By: Curtis

Curtis — Mon, 10 Aug 2009 20:20:11 +0000

Peter Schiff, is an economist. President of Euro-Pacific Capital. He is an extremely well known economist that runs a successful investment firm. He supports HR1207.

By: Dave Williams

Dave Williams — Sun, 09 Aug 2009 17:55:58 +0000

Thomas Woods, Mises InstituteRoderick T. Long, Auburn UniversityHans-Hermann Hoppe, UNLVState University College – BuffaloThomas DiLorenzo, Loyola UJeffrey Herbener, Grove City CollegePeter G. Klein, University of Missouri

By: freedom of health

freedom of health — Sun, 09 Aug 2009 17:38:59 +0000

I looked at your other blog entries, but on each one, I only saw a couple of comments. However, this thread currently has 102, and I think you probably know why.It is because you have written a series of hit pieces full of falsehoods on a very popular piece of legislation, HR 1207, The Federal Reserve Transparency Act of 2009.Now, in your current hit piece, you pretend to be the expert on experts, and declare that you cannot find any experts that support the bill.With your self aggrandizing expert eyes, you blatantly ignore not only the founding fathers, but the scores of economists who have come out for an audit on the news and in print.Now that we, the people, have provided you with hundreds of references to economists and geniuses, alive and dead who would support HR 1207, will you write a follow up to publish their views and support?Will you tell how Jefferson said that “the central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution?”I dare you.Unfortunately, I suspect you’ll issue and misspell a follow up article that ignores the evidence and declares all of the experts we’ve listed in these comments, along with our founding fathers, as “self-taugt.”You are yet to fulfill your quota in “shilling” for the bank, but we won’t stop commenting and representing the truth.Bring it on.Thanks at least for posting Ron Paul’s speech.

By: Lawrence H. White

Lawrence H. White — Sun, 09 Aug 2009 15:48:31 +0000

I favor auditing the Fed when it strays, as it dramatically has, from holding a portfolio of only Treasury paper and loans to commercial banks. The independence of monetary policy is not compromised by auditing the Fed’s fiscal/bailout actions.I’m a professional academic economist, Ph.D. from UCLA. Job history: New York University, University of Georgia, University of Missouri – St. Louis. In the fall I’ll be professor of economics at George Mason University.–Lawrence H. White

By: Idaho

Idaho — Sun, 09 Aug 2009 05:04:04 +0000

What about people who live within their means, never spend more than they can afford, balance their checkbooks, save for a rainy day, and pay back debts promptly?Not “economist” enough for you, or too common-sense?End the Fed.Monetary policy by an exclusive club of private bankers done in secrecy?How can any person with more than a dozen brain cells see logic in this?Absolute insanity.

By: Landon

Landon — Sat, 08 Aug 2009 22:00:59 +0000

It’s so incredibly obvious if you look at the bill that it won’t interfere with present monetary policy decisions. It’s just auditing their practices with taxpayer money. Every American should be behind this – why would you NOT audit the Fed?? I get audited for my paltry income, why should the Fed be exempt from an audit of trillions of dollars? This is the only worthwhile bill that should pass through Congress – instead we get all the sunshine and rainbow ‘anti-pain’ bills that just make things worse.

By: Greg

Greg — Sat, 08 Aug 2009 05:07:01 +0000

I would love to see this bill pass. Everyone is talking about transparency in Washington, well, this is one way to do it. We give them billions and trillions of dollars of our hard earned money every year and no one can seem to explain where it is going?! Try doing that with you expense account at work and see how well that goes over. Just as we are required to submit taxes to the IRS every April, we the people should be able to audit our government as well. I work as a tax preparer and bookkeeper and also serve on a few town boards int he town that I live in and I can safely say that if we ever tried that here in New England, we would be hung up by our jibblies and hung out to dry. The Fed should be responsible just like every American to follow the law. Why should they be so special!