Thursday, July 15, 2010

JAY INSLEE CO-SPONSORS AUDITING THE FED LEGISLATION, THEN VOTES AGAINST IT

Since its birth in 1913, the Federal Reserve Bank has played the key role in causing every economic bubble and bust we've experienced, including the current housing/mortgage meltdown. By forcing interest rates artificially lower than what they would be in a free market, people were enticed to buy homes and make investments that they otherwise wouldn't have dreamed of doing.
The Fed's monopolistic banking cartel is protected from audits and is unaccountable to the American people. What are they hiding? The fact that Jay Inslee (and multiple others) would, 'be favor of auditing the fed before they were against it', (vintage John Kerry) is appalling.

Less Government = More Freedom

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