Comment

Barney Frank Surrenders to the Paulians

547
Sharmuta8/31/2009 12:50:08 pm PDT

re: #539 Phanatic

That’s the point. The Fed has, since its inception, been a way for the government to increase spending by the simple expedient of debasing the currency.

And you want to allow the government to stick their finger in more? That doesn’t make much sense to me. The issue is government power with money, and I have suggested repeatedly and for quite some time that we pass a balanced budget amendment as the beginning of fiscal congressional reform.

It ain’t the Fed- it’s Congress. Don’t let them punk you.