AYFKM?: Romney Not Focused On The Federal Reserve

If there was ever any doubt in your mind as to whether Mitt Romney is the aristocracy’s pick to replace Obama, try this on for size.

Mitt Romney: “I’m Not Going To Focus On The Fed”

“I think Ben Bernanke is a student of monetary policy; he’s doing as good a job as he thinks he can do,” Romney said when Kudlow asked what kind of job Bernanke is doing. “I’m not going to spend my time going after Ben Bernanke. I’m not going to spend my time focusing on the Federal Reserve.”

We already know why auditing and abolishing the Fed is so important; but what does this say about Romney? Too power-hungry or too dangerously stupid to serve? Has he not been paying attention?

From Matt Taibbi of Rolling Stone:

The Real Housewives of Wall Street

Now, following an act of Congress that has forced the Fed to open its books from the bailout era, this unofficial budget is for the first time becoming at least partially a matter of public record. Staffers in the Senate and the House, whose queries about Fed spending have been rebuffed for nearly a century, are now poring over 21,000 transactions and discovering a host of outrages and lunacies in the “other” budget. It is as though someone sat down and made a list of every individual on earth who actually did not need emergency financial assistance from the United States government, and then handed them the keys to the public treasure. The Fed sent billions in bailout aid to banks in places like Mexico, Bahrain and Bavaria, billions more to a spate of Japanese car companies, more than $2 trillion in loans each to Citigroup and Morgan Stanley, and billions more to a string of lesser millionaires and billionaires with Cayman Islands addresses. “Our jaws are literally dropping as we’re reading this,” says Warren Gunnels, an aide to Sen. Bernie Sanders of Vermont. “Every one of these transactions is outrageous.”

(H/T The Economic Collapse)

Here is what you can do.

Ron Paul Debate Day Money Bomb, 5.5.2011 (Click to link)

The first nationally televised Republican presidential debate in the 2012 election cycle will be held on May 5, 2011 on Fox News. Because of this, it is imperative to showcase Ron Paul as the leading frontrunner in the race. On May 5, 2011, we will hold an online money bomb in support of Ron Paul for President 2012. A money bomb is a 24-hour fundraising event aimed at dramatically increasing funds for a specific candidate. In November 2007, Ron Paul raised more than $4.2 million in a single day. In December 2007, Ron Paul raised the most money in the history of American politics in a single day, raising more than $6 million; a record that still holds strong to this very day.

Please invite your friends, and tell them that it is essential that we all donate to Ron Paul on May 5, 2011, in preparation for the first nationally televised Republican presidential debate for 2012.

Ron Paul’s run in 2008:

Moderator: If you were president, would you work to phase out the IRS?

Ron Paul: Immediately. And you can only do that if you change our ideas about what the role of government ought to be. If you think that government has to take care of us from cradle to grave, and if you think our government should police the world, and spend hundreds of billions of dollars on a foreign policy that we cannot manage; you can’t get rid of the IRS, but if you want to lower taxes and if you want the government to quit printing the money to come up with the shortfall causing all the inflation, you have to change policy.

By Logistics Monster


  • red lemur -

    of course not !why would you seek to solve the problem where it exists!
    when you could aqua farm baby otters for breast milk? yup it them damn otters thats why our economy is fucked has nothing to do with the fed yup thats it !wasf!

  • I’ll never forget that interview a few years back when Twitt Romney was asked what his favorite book was, and he launched into this bizarre answer about how he doesn’t endorse L. Ron Hubbard’s religion, but just as a work, Battlefield Earth is his favorite book. Then he went on to claim it was written before Hubbard even started Scientology.

    Now the 1,100 page piece of schlock Battlefield Earth was actually one of Hubbard’s last books and came out in 1983, 30 years after Hubbard created Scientology. They found out later that it made the NYT’s best seller list only because Scientologists were instructed to buy multiple copies, in some cases hundreds of copies each. Some on-staff Scientologists, that’s all they did for weeks, go around to stores buying individual copies (and requesting they be ordered if sold out) of Battlefield Earth. But many a non-Scientologist reviewer couldn’t even get through it. It truly is that bad.


    1) If the book came out 30 years after Scientology was started, what made The Twitt think it was from BEFORE Scientology was started?

    2) Then just when did The Twitt read it?

    3) What was it about the plot, of the evil psychlos turning Earth into a prison planet that the Twitt liked so much? Specifically, what does he actually like so much that made it his FAVORITE book!

    The Twitt is a disaster on legs.

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