Monday, November 23, 2009

Former Fed Bureaucrat Kroszner- Deer In The Headlights - Tells Us Exactly Why The Fed Should Be Audited Via His Inability To Answer A Basic Question

"The mass of men serve the state thus, not as men mainly, but as machines, with their bodies. They are the standing army, and the militia, jailers, constables, posse comitatus, etc. In most cases there is no free exercise whatever of the judgement or of the moral sense; but they put themselves on a level with wood and earth and stones; and wooden men can perhaps be manufactured that will serve the purpose as well. Such command no more respect than men of straw or a lump of dirt. They have the same sort of worth only as horses and dogs. Yet such as these even are commonly esteemed good citizens. Others--as most legislators, politicians, lawyers, ministers, and office-holders--serve the state chiefly with their heads; and, as the rarely make any moral distinctions, they are as likely to serve the devil, without intending it, as God. A very few--as heroes, patriots, martyrs, reformers in the great sense, and men--serve the state with their consciences also, and so necessarily resist it for the most part; and they are commonly treated as enemies by it." -- Henry David Thoreau

Randall Kroszner is a poster child as to why transparency, accountability and a free flow of ideas are demanded to maintain a free society. Mr. Kroszner is a typical bureaucrat. He defends the status quo with great vigor yet cannot provide a reasoned analysis why. I'll tell you the reason why. It's the exact same reasons Thoreau cited more than one hundred and fifty years ago. That Kroszner cannot answer the most basic question as to why the Fed should not be audited is indeed all the validation a free society needs to audit the Federal Reserve.

Kroszner continues to brainwash students as a teacher. Brainwash them into believing the Federal Reserve is independent, that the Congress granted the Federal Reserve powers for virtuous reasons rather than under the duress of undue banking lobbyists, and that a rule of law is somehow better served when a free society has no idea what that rule of law is and when decisions about our future, our savings and our society are made without our knowledge. Kroszner is an elitist who obviously does not believe in the Constitution or democracy. He defends neither. Instead he defends a failed ideology and bureaucracy with no accountability to the American people.

The fact is our Constitution granted monetary authority to the Congress so the American people would have direct control over our finances. Not outsources to private crooks and central banking idiots.

If the American people knew what was going in our government, in the Federal Reserve and in this crisis, and we encouraged fresh ideas from society, we would rapidly find answers to deal with our problems. Problems created by bureaucrats like Kroszner. The free flow of ideas, of invention, of creativity are not only what drive a vibrant economy, they are mandatory for a properly functioning democratic government. We've already seen what bureaucrats like Kroszner are capable of, ie trashing our society, let's embrace democratic ideals to solve our problems. Let's take back our democracy and our government. Obviously through peaceful methods.

posted by TimingLogic at 12:22 PM