More Lies about Open Government

Wow. Bernanke says, in essence, that the program won’t work if the banks involved have to admit their involvement. No scrutiny please.
After all, people might see how hopelessly furking corrupt they are. (This video is over two weeks old, by the way.)

Have you heard about H.R. 1207? It’s a bill introduced in congress by Ron Paul (who I do have some issues with but this isn’t one of them) – it proposes an audit of the Federal Reserve by 2010. And why the hell not? The full text is located here. The bill was co-sponsored by these people. Of course, the only ‘news’ agency covering this seems to be WingNutDaily, which doesn’t lend a vast amount of credibility. In any case, the bill (also called the Federal Reserve Transparency Act of 2009) has been sent to the House committee on Financial Services – with any luck Barney Frank won’t take umbrage at this affront to democratic hegemony and dismiss it out of turn.

Bernard: But surely the citizens of a democracy have a right to know.
Sir Humphrey Appleby: No. They have a right to be ignorant. Knowledge only means complicity in guilt; ignorance has a certain dignity.
Yes Minister, episode one: “Open Government”

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~ by Auntie Ranty on March 23, 2009.

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