House passes Audit the Fed bill. (user search)
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  House passes Audit the Fed bill. (search mode)
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Author Topic: House passes Audit the Fed bill.  (Read 2221 times)
Torie
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« on: July 25, 2012, 07:50:47 PM »
« edited: July 25, 2012, 07:54:47 PM by Torie »

Just what is supposed to be "audited?" Is some money missing?  Rigging LIBOR?  Defeating the market in setting LIBOR interest rates? Really?  Even God does not have that much power. Normally when government entities do battle with the market in trying to adjust currency exchange rates or whatever, they get fleeced via something close to arbitrage as their hat is handed to them, and folks enrich themselves off institutional stupidity. It is the ultimate aphrodisiac for arbitrageurs.
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