Tuesday, July 28, 2009

Sen. Bernie Sanders slams the WaPo and the Fed

The socialist-democratic Senator Bernie Sanders (Populist - VT) slammed the WaPo for their nonsense claim that the Federal Reserve should not be questioned.

The Fed has expanded its balance sheet by more than $1 trillion in taxpayer dollars in response to the financial crisis. Who received this money? Is it being used primarily to help ordinary Americans or just the wealthy and well-connected? What conflicts of interest exist between members of the Fed and Wall Street bankers? This is all information that the American people deserve to know.

The Fed isn't answering these questions. That is why an independent audit of the Fed is gaining such bipartisan support...

Absolute power corrupts absolutely. The American people have a right to know what is being done with their hard-earned taxpayer dollars. This money does not belong to the Fed; it belongs to the American people.

And President Transparency remains silent while Rome burns.

Go get'em Bernie!

Tim White

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