Tuesday, August 4, 2009

75% Favor Auditing The Fed Wednesday, July 29, 2009

People forget that it is part of the Constitution of the USA that the coining of money is reserved to the Congress and that by this the economy is subject to the people of the USA so there is some accountability. Right now the Federal Reserve has very little over sight or accountability. It is a private agency that a majority of our debt is owed to. Here is a recent survey about a House bill #1207 to audit the Federal Reserve:

http://www.rasmussenreports.com/public_content/business/general_business/july_2009/75_favor_auditing_the_fed

So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 75% of Americans favor auditing the Federal Reserve and making the results available to the public.

Just nine percent (9%) of adults think that’s a bad idea and oppose it. Fifteen percent (15%) aren’t sure.
Over half the members of the House now support a bill giving the Government Accounting Office, Congress’ investigative agency, the authorization to audit the books of the Federal Reserve Board.

Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an independent agency to keep it free of politically-motivated interference.

Fed Chairman Ben Bernanke in a town forum filmed on Sunday which is airing this week on PBS stations said he is strongly opposed to the audit legislation. “I don’t think the American people want Congress running monetary policy,” he said. Howard Rich addressed this issue in a recent commentary and concluded it was important to locate the “trillions of dollars” the Fed has spent over the last year-and-a-half.

The new survey finds that an overwhelming majority of Americans in every demographic category – including age, gender, political affiliation, race and income – disagree with Bernanke and favor auditing the Fed to make its secretive deliberations public.

PETA kills animals

I thought people might be interested in some of the hypocritical nature of PETA the animal rights organization.
http://www.petakillsanimals.com/
PETA's Dirty Secret

Hypocrisy is the mother of all credibility problems, and People for the Ethical Treatment of Animals (PETA) has it in spades. While loudly complaining about the "unethical" treatment of animals by restaurant owners, grocers, farmers, scientists, anglers, and countless other Americans, the group has its own dirty little secret.

PETA kills animals. By the thousands.

From July 1998 through December 2008, People for the Ethical Treatment of Animals (PETA) killed over 21,000 dogs, cats, and other "companion animals." That's more than five defenseless creatures every day. PETA has a walk-in freezer to store the dead bodies, and contracts with a Virginia Beach company to cremate them.

Not counting the pets PETA spayed and neutered, the group put to death over 90 percent of the animals it took in during the last five years. And its angel-of-death pattern shows no sign of changing.