Nice short interview by Dylan Ratigan (who escaped the vortex of CNBC) of Ron Paul. Looks like the Fed audit bill is really gaining steam - if you are for transparency you should be behind this bill. Obviously Tim Geithner is against transparency [Aug 26, 2009: Geithner - Auditing the Fed is a Line We Don't Want to Cross] And the Federal Reserve doesn't want transparency - as expected they filed an appeal to disclosing what exactly it is doing, and whom it is doing it with after a successful Freedom of Information Act suit. [Aug 25, 2009: Court Orders Federal Reserve to Disclose Emergency Loan Details]
p.s. if you are not familiar with Ratigan, an excellent opinion piece he wrote here from a few weeks ago. Like us, he actually wants the country run for the majority rather than the small elite. So it appears Ratigan is also shall be tarred and feather as a socialist ;)
The American people have been taken hostage to a broken system.
It is a system that remains in place to this day.
A system where bank lobbyists have been spending in record numbers to make sure it stays that way.
A system that corrupts the most basic principles of competition and fair play, principles upon which this country was built.
It is a system that so far has forced the taxpayer to provide the banks with the use of $14 trillion from the Federal Reserve, much of the $7 trillion outstanding at the US Treasury and $2.3 trillion at the FDIC.
And most stunningly -- it is a system that no one in our government has yet made any effort to fundamentally change.