Monday, May 03, 2010

President Transparency defends his title!

As I just mentioned, Alan Greenspan loves secrecy and opposes transparency. But even more interesting than Greenspan, Bernie Sanders has basically said that President Transparency has unleashed his top gun - Rahm Emanuel - to actively oppose transparency and oppose good government by opposing an Audit of the Fed. The HuffPost's Ryan Grim continues his fantastic reporting on the meltdown:

The White House, Federal Reserve and Wall Street lobbyists are kicking up their opposition to an amendment to audit the Fed as a Senate vote approaches, Sen. Bernie Sanders (I-Vt.), the lead sponsor of the measure, said on Monday...

Sanders said that Greenspan's comments are all the more reason for an audit. "I think it just adds a lot of weight to what we are trying to do," Sanders said. "It just points to the fact that if there was more transparency then it in fact would have allowed the debate to take place about the subprime mortgage [sic] unfolding crisis at that point. It may have prevented the horrendous recession that we're in now and the near collapse of the financial institutions."

Go Bernie! Give'em hell!

President Transparency and his cronies all need to go. Problem is... the GOP doesn't exactly offer many good alternatives. Heck... in the past month or so, Boehner and McConnell have both been called out for their attempts at garnering Wall Street financial support for Republican campaigns. So they don't offer any sort of real alternative... not in a party sense anyway... only option for a return to good government is to look at the particular candidates, such as Senator Bernie Sanders and Congressman Ron Paul.

Tim White

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