Bernanke says Fed can take on supercop role

Bernanke says Fed can take on supercop role

So the Fed which some of our politicians seem to not want audited wants to police financial institutions. Are we still stuck on stupid our what?

You deposit your hard earned money in the bank. You decide that you would like a statement and your balance. Your bank decides that you can not get a statement or your balance. You now want to give the bank more of your business by letting them manage your other financial matters. If that makes since sure let them police the financial institutions but, it does not so why is this even a subject.

HR 1207: Why Should The Federal Reserve Be Audited?

All there is to say really is that there are enough quotes in this blog to give you a clue what is going on. Why would you not want to audit the Federal Reserve? Most businesses are audited at some point? Truth be told the Federal Reserve should not even exist. A private company controlling a countries monetary supply makes zero sense as their obligation is always to it's owners and shareholders.