Auditing the Fed is harassment

Charles is a shill for the power structure in this country. The Federal reserve which is accountable to no one pretty much does as it please. It prints money and gives Billions to Wall Street each month under its quantitative easing policies. Many on both the Right and Left want this entity audited for transparency purposes. Rand Paul is introducing a bill in the Senate to audit the Federal reserve. This prompts Charles to call it the “Libertarian Harassment Act.”

Audit the Fed

I don’t get how doing an audit is harrasment.

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95 Comments on “Auditing the Fed is harassment”

  1. Speranza says:

    He is one confused fat oaf!

  2. Because Srsly? says:

    No, Chunk. Harassment is your stalking of Pam Geller.

  3. dwells38 says:

    “I don’t get how doing an audit is harrasment.”

    Yeah Chunk doesn’t either. But he’s sure Rand Paul isn’t in his tribe.

  4. rightymouse says:

    An audit is not harrassment. It’s due diligence/transparency. Something Obama promised along with that silly woman Pelosi.

    • Arachne says:

      Precisely. We receive audit letter requests on a semi-annual basis for all corporate clients, where we provide details regarding any litigation they are involved in.

      Fatass hasn’t got the slightest idea what “audit” means.

  5. Voltaire's Crack says:

    The author of the linked article belongs to the Roosevelt Institute.

    The Roosevelt Institute is a progressive non-profit organization devoted to carrying forward the legacy and values of Franklin and Eleanor Roosevelt by developing progressive ideas and bold leadership in the service of restoring America’s health and security. It has offices located in New York, New York, Hyde Park, New York, and Washington, D.C..

    I read the full article that Charles linked to but for which he had no analysis of his own to add.

    There is really no solid argument provided against Paul’s provisions. The author waves his hands and claims that the Fed is already as transparent to the level desired by Paul, so “why bother”.

    If they are already that transparent, the obvious argument is “why object”?

    Of course, if Charles would only have added some commentary, he could have opened my eyes. But alas, nary a lolwut or even a Federal Broserve were offered.

    • rightymouse says:

      I’m surprised he didn’t pontificate & share his great knowledge of economics with the dimwits at the bog. Killgore could have helped out too. 🙄

    • dwells38 says:

      Yes he also made the argument that the Fed should be left to use whatever instruments they can “legally” use and evidently not have to disclose them. But the Fed should be held to specific goals such as low unemployment. He says Congress always focuses on the former and not the latter. So if they do anyway, why not save everyone time and skip the 20 questions and just have the Fed disclose all instruments used to reach any given goal? My guess is that those tactics, when reveaed can be used to further demonstrate that they are mostly helping big banks and crushing main street.

      Chunky’s take on it is Rand Paul is bad crazy and Sarah Palin’s stupid.

      • rightymouse says:

        I think that what it all boils down to is that any criticism of the current government/administration totally unnerves Charles. He can’t bear the thought of our black/white Prez hurt by unkind words. It makes him want his blankie too!

    • Voltaire's Crack says:

      I remember some discussions of monetary policy from years ago over at the swamp.

      Without even mentioning the gold standard, criticisms of the Fed forcing liquidity and distorting markets through artificially low interest rates were rebutted with eloquent counterarguments such as ‘Luap Nor’ and ‘I skeerd of Iluminati’.

      • St. Pancake says:

        Well dumb ass is in for a rude awakening if he thinks it’s just ‘Luap Nor’ and ‘I skeerd of Iluminati You can’t keep printing money and ‘borrowing from yourself’ (buying your own debt) without eventuall inflation.

  6. icekoldebassman says:

    Charles worships at the altar of Thomas Hobbes and does not even know it. Phuque him and the Cheetos he rode in on.

  7. Minnow says:

    That guy Barry is prolific… I say… PROLIFIC…. in his ability to cut and paste. Never have I seen a more insightful, profound and thorough cutter and paster. It just makes me humble to think that I walk the same planet with a man so adept, so forward thinking so “out there” as this man Barry….

    Surf’s up Barry!

  8. Minnow says:

    I mean, you’d almost think that Barry hisself had these thoughts that he cuts, pastes and then puts his name on. You’d almost think that HE spent the time to sit down and cogitate (no Barry, not the thing where you zip down your zipper… something else) to come up with these articles.

    But our man Barry can do all of this cutting and pasting AND MORE without expending one ounce of brain power beyond “cut”, and “paste” and “Charles Johnson”.

    Our man Barry.

    Hahahahahahahahahahahahahahahahaha

    • dwells38 says:

      His secret is not to rush it. Notice he only puts up a carefully cut and pasted article once every 16 to 21 hours. You can’t rush perfection.

  9. iSpeakJive says:

    Every large bank in the country is occupied by a swarm of regulators whom the banks even have to give office space to, that “audit” every move they make. They are constricted and controlled now after the financial crisis to the point of paralysis.
    The Fed can do whatever it wants, unimpeded.
    How the fuck Chuck reconciles these two data points is… Oh, wait, he doesn’t. Never mind.

  10. dwells38 says:

    If they don’t audit the Fed ima riot all up in here.

  11. Octopus says:

    Fatass just had to try and join up with one of the stupidest twit-parties around…and go them one better, by being the stupidest yahoo today. 😆

    • Pakimon says:

      #GOPDontCare what an obese, washed-up, Cheetos eating, brown note emitting, ponytailed blogger has to say about anything. 😆

  12. Octopus says:

    I wish somebody would take a dump in Chunky’s mouth. Might improve his breath.

  13. Zeus Crankypants says:

    I’m baaaaaccckkkk… Prague, Germany and London are just a memory.

    For my photo retrospective of Nazi hunting in Germany, I need someone with some photoshop skills to cut a image out of a full photo.

    I will use my simple photo editing skills to use that cut out image to build my photo album for DOD.

    Email me…

    newton@acrossthebow.com

  14. Doppel B. DeMilyo says:

    rightymouse :
    I’m surprised he didn’t pontificate & share his great knowledge of economics with the dimwits at the bog. Killgore could have helped out too.

    He really does think he’s an authority on everything.

    I’m waiting for him to debate eye surgery with Dr Rand Paul.

    • dwells38 says:

      After that he’ll challenge Dr. Ben Carson to a neurosurgery lobectomy-off. He has an advantage here having lobotomized himself in late ’08.

      Then it’s off to the Louis Gohmert legal challenge. Chuck’s confident he has this one in the bag since Gohmert has a southern accent and therefore is a moronic racist hick.

  15. Pakimon says:

    TRANSLATION: Gus better not show up in my front yard lugging a trash bag filled with his “belongings” and asking if he could use my dishwasher again.

    • dwells38 says:

      Ha! The dude’s a Democrat.

      • OLT's Trolling Again says:

        Read the comments. The Dems are patting themselves on the back for criticizing him, and bitching about “conservatives”.

        It takes an amount of brain damage to be a committed Lib.

      • Abu penis penis penis lol says:

        You stood in there and took his wingnut jabs over and over, all while he said Y.O.U. retreated from discourse.
        Fuck libs!

  16. Octopus says:

    The state of Hawaii is overrun by substance abuse issues, particularly meth and crack, but everything else, too. Most of these homeless are drug addicts, or victims of domestic abuse and domestic squalor spurred by drug addiction, Letting them turn the streets and beaches of the island nation into tent camps is Chunky’s idea of paradise. 😆

    • dwells38 says:

      Yes and the situation is exacerbated further by the usual culprits in tropical tourist paradises in regards to homeless. Namely high property values, lack of job oppurtunities, locals/natives with no marketable skills, the clime allows people to survive outside. They have the largest homeless tent city in the nation. You can commisserate all day and theorize on solutions but the fact is when they’re pissing on doorsteps and sleeping on every public bench and stealing shopping carts to go dumpster diving you have to at least let them know they aren’t welcome just any old where they please pushing a pile of garbage. Chunky of course would welcome homeless people loitering on his street and would gladly offer these noble victims his yard as a toilet. That’s just how he rolls as a courageous champion of the poor class warrior.

  17. Octopus says:

    😆

    “Black” was not up there.

  18. Octopus says:

    Liberalism working GREAT in South Africa!

    http://moonbattery.com/?p=38987

    • dwells38 says:

      You know after beating that guy in such a continuously torturous way it’s nice to know they had the decency to finally finish him off…..by BURNING him alive in a bonfire in the middle of the street consisting of the broken wood pieces they had beaten him with! Nice culture you got there S. Africa after you got rid of all those lousy crackas I see you’ve really embraced human dignity.

  19. HaikuMan says:

    Auditing the Fed?
    No, no; audits should be saved
    for the Tea Party!

    / -Chuck

  20. icekoldebassman says:

    Must. Share. This.
    [please forgive the length]

    Get Used to This Headline: ‘Obama Approval Hits Record Low’

    Breaking this morning: the Obama presidency. Also, a new poll:

    President Obama’s job approval rating has plunged to the lowest of his presidency, according to a new CBS News poll released Wednesday, and Americans’ approval of the Affordable Care Act has dropped it’s lowest since CBS News started polling on the law.

    Thirty-seven percent now approve of the job Mr. Obama is doing as president, down from 46 percent in October — a nine point drop in just a month. Mr. Obama’s disapproval rating is 57 percent — the highest level for this president in CBS News Polls.

    Republicans are nearly unanimous in their disapproval of the law, and now more than two-thirds of independents agree. Almost six in ten Democrats continue to support the law, but their support has dropped 16 points from last month — from 74 percent in October to 58 percent today.

    More than a month after the health care exchanges opened, just one in 10 Americans think the sign-up for the exchanges has been going well. Instead, more than two-thirds think it’s not going well — including seven in 10 of those who have looked up information on the exchanges themselves.

    And just a third of Americans are confident that the federal government’s healthcare website — HealthCare.gov — will be fixed by the December 1st deadline set by the Obama administration.

    That one-third of Americans also believed it when they were told the word ‘gullible’ is not in the dictionary. On a related note:

    “The 30th of November is not a magic go, no-go date. It is a work of constant improvement,” Sebelius told the Associated Press Tuesday. “We have some very specific things we know we need to complete by the 30th and that punch list is getting knocked out every week.”

    An Optimistic Vision of Our Near Future

    “We are going to have to obviously remarket and rebrand [Obamacare], and that will be challenging in this political environment.”

    — President Obama, speaking about Obamacare, at the Wall Street Journal’s CEO Summit yesterday.

    Obama may or may not be stupid, but he sure as heck has a blind spot when it comes to evaluating problems. The problem with Obamacare is not the program’s branding. The problem with Obamacare is Obamacare — how it’s structured, what it requires Americans to do, what it requires insurers to do, the false promises used to sell it, and most important, the administration’s utter inability to do any of the basic tasks that it promised — like have the payment system built, never mind up and running, six weeks after the exchanges launch:

    A crucial system for making payments to insurers from the federal Obamacare marketplace, HealthCare.gov, has yet to be built, a senior government IT official admitted Tuesday.

    The official, Henry Chao, visibly stunned Rep. Cory Gardner (R-Colo.) when he said under questioning that a significant fraction of that online insurance marketplace has yet to be constructed.

    “We still need to build the payments system to make the payments [to insurance companies] in January,” Chao said during testimony. That so-called financial management tool was originally supposed to be part of HealthCare.gov when it launched Oct. 1, but officials later suspended its launch as part of their effort to get the consumer interface part of the site ready.

    Chao on Tuesday said other areas that need to be built include “the back-office systems, the accounting systems.”

    “This means that insurers, who are already dealing with dramatically lower enrollment numbers on HealthCare.gov than they were expecting, are not going to get paid while the government gets its act together, and the software in place to makes those payments happen,” CNBC’s Dan Mangan explains.

    “That’s like setting up an online bank without setting up a way to make deposits,” an industry source told CNBC.

    A cynic would argue Obama’s obsessed with the “branding” because that’s the only part he really understands. We know he has conditioned his staff to avoid telling him bad news — doesn’t need the drama. He’s telling us now that the process of buying insurance is more complicated than he and his team thought, raising the question of how well they understood the entire issue throughout this process. He’s clearly not interested in digging into the details of the problem; he told us that even a week after the troubled launch, he believed it was just routine “glitches.”

    The fact that we’re learning this from Chao, now, suggests that the situation is still basically the same now as it was October 1: No one in the White House really knows the status of Healthcare.gov and its repairs and implementation. They’re flying blind, making optimistic promises and hoping for the best.

    The audacity of hope, you might say.

    Allow me to lay out a scenario that some will find excessively optimistic, and some will find excessively pessimistic.

    Everyone in America is now required to buy health insurance or pay a fine equal to one percent of their income, and that process they’re supposed to use to shop for and buy insurance doesn’t have a billing system. The cries to delay the individual mandate will grow deafening, but Obama will insist on full-speed-ahead.

    Next year, those who have had their plans canceled will be angry, those who are paying higher premiums will be angry, those who are paying the fine will be angry, the insurers sure as heck will be angry, and those who did manage to buy through the site will be angry once they see their premiums, copays, and deductibles.

    And then, in fall 2014, the employer mandate kicks in, and an as-yet-unknown percentage of employers decide that it’s cheaper to pay the penalty than pay the cost of insurance for their employees. Millions more Americans are suddenly informed that their plans are canceled. Meanwhile, premiums for 2015 are higher, because insurers are dealing with the consequences of the older, sicker pool of workers who signed up in 2014.

    Obama and his team will keep insisting that the health-care system is improving, contradicting the personal experience of millions of Americans.

    The 2014 midterms turn into a bloodbath for Democrats. Obama spends the final two years of his presidency vetoing efforts to repeal the whole damn thing.

    Here’s where I really turn into an optimist: The catastrophic failure of Obamacare will cause Americans to drastically reevaluate President Obama himself, and the criteria they used to evaluate him as a potential president in 2008 and 2012. Maybe charisma, nice speeches, a beautiful family, and perfect pant creases aren’t enough. You’re not supposed to go from being an obscure state senator to president of the United States in a four-year span. The next president can’t get the job based upon potential. We need a proven problem-solver.

    In the coming years, a solid majority of Americans outside of committed liberals will begin to acknowledge the hard truth that Barack Obama has been a failure as a president. It isn’t merely that his signature reform was sold with lies and managed to exacerbate the problems of the health-care system instead of solving them. What else will be Obama’s legacy? This terrific economy we’re enjoying? The out-of-control domestic-surveillance programs at the NSA? Partisan abuses of the IRS? The national debt more than doubling under Obama’s presidency? The partisan fury in Washington? Eight years of ignoring the ticking time bomb of entitlements as the Baby Boomers begin to retire?

    This isn’t even touching on foreign policy. Yes, President Obama authorized the bin Laden mission and got U.S. troops out of Iraq, but the Middle East is a bloody mess, Israel feels besieged and abandoned, our allies are alienated by our NSA activities, we’re spent enormous amounts of blood and treasure in Afghanistan for inconclusive results, Russia is on the march, and we appear to be desperately trying to get a deal with the Iranians that the French think will allow Tehran to pursue a nuclear program. He has no warm relationships with any other world leader.

    We on the right argued that America made the wrong call in 2008. Barack Obama is naïve in his view of the world. He did not and does not understand what causes businesses to hire people. He has way too much faith in government spending’s ability to create jobs, and is ultimately comfortable with the practices of crony capitalism. He never foresees the failures of the federal bureaucracy and rarely is upset about them for long. Scandals like Fast & Furious, the IRS abuses, and Benghazi percolate under him and congressional demands for accountability are dismissed as partisan witch hunts. His cabinet is a collection of egomaniacs and tired pols who are incapable of instituting a culture of responsibility for taxpayer dollars. He is ultimately incurious about the world and has resisted reevaluating his approaches. He wings it at the worst times, instituting ‘red lines’, then hastily retreats from his commitments.

    • Author is Jim Geraghty writing for National Review.

      • rightymouse says:

        Major uptwinkles!!!! Obama had no idea what he was doing when he was elected & still doesn’t have a clue. He’s driven by Marxist ideology & his own massive ego.

      • Because 1-800-MILYO says:

        Obama drove the Oldsmobile of the Demo party off the bridge of Obamacare and into the Chappaquiddick of fail. He and Reid and Pelosi will make it to shore, but there’s a whole Oldsmobile full of donkeys who’ve brayed their last he-haw.

      • The schadenfreude, it is delicious, yes?

      • Arachne says:

        The significance of this in many ways cannot be understated. The media did everything they could to bash George Bush so that he had a poor approval rating. Despite propping up Prezdint Putz, he’s still sinking – he’s done this completely to himself – this is not press manipulation – this is the country seeing this asshole for what he truly is – a lying sack of crap. Recent poll shows if there was a do-over to the 2012 election – Romney would win instead and by the same margin Obama did. And THIS was an MSM type poll that was overly laden with Democrats.

    • Pakimon says:

      The best part is that this poll is from the Choomster Bandwagon System.

      Of course they had to point out that “Dubya” was at 35% approval rating at this time in his presidency.

      Can’t have The Unicorn Messiah with a lower approval number than the evil “Chimpy Bushhitler”.

      It would be unseemly and offend democrat sensibilities. 🙄

      On the other hand, their poll also says that President Choomy has a 57% disapproval rating.

      “Dubya” had a 57% disapproval rating as well at this time in his presidency.

      Go figure… 😆

  21. Pakimon says:

    Chunky of course would welcome homeless people loitering on his street and would gladly offer these noble victims his yard as a toilet.

    Chunky says they aren’t using his yard as a toilet.

    They’re merely deploying the “Organic Land Mine Home Defense System™” pioneered by Gus_802. 😆

  22. Because Science!!! says:

  23. Because Um... Shirt? says:

  24. Because says:

  25. Juan Epstein says:

    What’s up with that 5 term democrat smashing carts?

  26. dwells38 says:

    This was a very enjoyable interview: http://hotair.com/archives/2013/11/20/video-bush-does-the-tonight-show/

    The Bushes look great.

  27. OLT's We Are All Still Screwed, However says:

    icekoldebassman :
    The schadenfreude, it is delicious, yes?

    It goes well with the Progressive Whine.

  28. Because says:

    • OLT's Not REALLY Hard, Though says:

      If my loved ones were Democrats, we *would* talk about health insurance.

      Well, I would mostly just laugh and throw cranberries.

    • rightymouse says:

      I would never talk to any of my moonbat relatives about health care during the holidays. My mental health is important to me. 🙂

      • OLT's Let Him Throw Harder says:

        Just throw cranberries and laugh. I swear it works. Get hubby to help.

      • OLT's Merry Christmas, Uncle Joe says:

        I also think sitting in a corner and swilling beer while growling at the smaller kids makes for a low-stress holiday. At least that’s how my Dad’s middle brother used to cope.

      • Because says:

        If it’s possible to make a potato gun, it should be possible to make a cranberry gun. Maybe 3/8″ sweat copper and a little WD40 pot and an ignitor from an old bbq, and

        HOO HAA! Shoot the liberal turkey!

      • Because says:

        Chestnuts make good artillery, too.

      • Because says:

        Did I ever mention how you can make a slingshot out of the turkey’s skeleton and a rubber band?

      • rightymouse says:

        It’s going to be bad enough with my SIL who will likely be 3 sheets to the wind & talking non-stop about how miserable her life is and how she wants to become a millionaire with Amway & we’re all a-holes for not buying stuff from her.

      • OLT's Because Gambling On Next Shot says:

        A cranberry catapult would do wonders to change the subject.

      • iSpeakJive says:

        Nothing beats mashed potatoes slung off the tip of a spoon. P-choown. Splat.

    • Doppel milyo says:

      oh trust me, I will be Laughing in the faces of all the moonbats that supported Obama

  29. rightymouse says:

    And you’re out tweeting “how awful, but” excuses for the trashy jerk.

    • Doppel milyo says:

      interesting use of the term ” lynch mob” there Charles

      Charles do you know what lynch mobs did? They string up black people from trees. they MURDER people

      Charles, Bashir thinks people who abuse terms like Lynch mob deserve to have somebody take a shit in their mouth and get pissed in the eye.

      just so you know, you pseudointellectual douchebag

      • dwells38 says:

        Now don’t confuse him with words he can’t pronounce because he’ll be tempted to use them to try and sound smart later if he ever gets on TV again (actually there’s no way he will). He thinks pseudointellectual douchebag is pronounced pisswaydough intellectual dooshay bag.

  30. Abu penis penis penis lol says:

    rightymouse :It’s going to be bad enough with my SIL who will likely be 3 sheets to the wind & talking non-stop about how miserable her life is and how she wants to become a millionaire with Amway & we’re all a-holes for not buying stuff from her.

    OMG, what a visual. Uptwinkles for dealing with that!

  31. Minnow says:

    My two (D) sisters are the two biggest lushes I know. They are obnoxious and rude when they drink and I have disowned them both a couple of times. (I always “try again” only to find they are worse than they had been previously.) Screw them. Life is too short.

    One of them has a big photo of Obama on her dining room wall.

    As we say…. “Oh brother.”

    • gizbot7 says:

      Minnow :
      One of them has a big photo of Obama on her dining room wall.
      As we say…. “Oh brother.”

      I hope you don’t have to eat in the same room as that. *shudder*

      Abu Lime Cutter :
      My only SIL drinks Coronas (lots) and wouldn’t know a (D) from a (R).

      Mine wouldn’t either except for abortion and Obama. 🙄

  32. Because I dunno, splain it all to me, master says:

  33. Octopus says:

    This is fairly classic…