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tritsofme

(17,376 posts)

29. The Fed returned $77 billion to taxpayers last year.

Reply to Ruby the Liberal (Reply #19)

Thu Jul 26, 2012, 12:28 AM

Jul 2012

http://www.nytimes.com/2012/01/11/business/economy/fed-returns-77-billion-in-profits-to-treasury.html

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Harry Reid wisely dumps Ron Paul's ridiculous Audit the Fed bill [View all] banned from Kos Jul 2012 OP

And we all know what the Fed does, anyway MannyGoldstein Jul 2012 #1

You're mistaken. But I have learned that trying to explain the Fed to bank griefers banned from Kos Jul 2012 #3

Good point. I really am pretty stupid. MannyGoldstein Jul 2012 #10

The Fed LOANS to bankers so technically you are correct when you say banned from Kos Jul 2012 #11

Does it loan against garbage assets, 100 cents on MannyGoldstein Jul 2012 #22

How have the taxpayers profited so far? n/t R. Daneel Olivaw Jul 2012 #26

Ah the Fed. And only you understand. A private company that has the power to use our treasury to rhett o rick Jul 2012 #31

Oh, I don't think they limit themselves to mere human possibility.. Fumesucker Jul 2012 #8

Way to compeletely ignore history! NashvilleLefty Jul 2012 #59

That was Volcker's fed MannyGoldstein Jul 2012 #60

So, they've been audited already? Baggers still fighting the 16th Amendment? freshwest Jul 2012 #2

Here is a pdf of their latest audit - if you need a sleeping aid it works well banned from Kos Jul 2012 #5

I downloaded it. I hope it puts me under. I get tired of the gotcha's from people about this who freshwest Jul 2012 #7

Read this from Bernie Sanders... PoliticAverse Jul 2012 #14

Thank you /nt think Jul 2012 #17

I have read it. Is this the same bill? freshwest Jul 2012 #21

That was from a previous full GAO audit done due Sanders adding text to a bill PoliticAverse Jul 2012 #23

Okay, yeah, that was news to me when I read that there. Kinda took the wind outta the sails... freshwest Jul 2012 #25

So Bernie referes to the audit as the "First" top to bottom audit of the Federal Reserve.... midnight Jul 2012 #34

Not COMPLETELY audited... liberallibral Jul 2012 #18

That would bring the foreign aspect into it.. And there goes Romney borrowing money abroad... Making freshwest Jul 2012 #24

Welcome to DU!!! gopiscrap Jul 2012 #36

Thanks! liberallibral Jul 2012 #41

This message was self-deleted by its author Paulie Jul 2012 #39

Really? Deadunikorns Jul 2012 #62

EDIT: Typo, should have been 16th, not 18th Amendment freshwest Jul 2012 #63

Hmm... this should be good BumRushDaShow Jul 2012 #4

Meanwhile, STILL no job bill... GoCubsGo Jul 2012 #6

Sounds good to me. Wonder if his cultists feel betrayed since grandpa decided to not speak in Tampa? freshwest Jul 2012 #9

I'll take your word for it. I'd rather move into the business of auditing corporations. nt Comrade_McKenzie Jul 2012 #12

If the GAO truly audits the fed annually why would people object to this bill, PoliticAverse Jul 2012 #13

Post removed Post removed Jul 2012 #15

Except that was 1995, 17 years ago. Why change his mind now? freshwest Jul 2012 #20

Over 5000 comments on the EmeraldCityGrl Jul 2012 #16

By all means - lets not EVER let the public know what they did with taxpayer money Ruby the Liberal Jul 2012 #19

The Fed returned $77 billion to taxpayers last year. tritsofme Jul 2012 #29

Ron Paul is always whining about the FED... Blanks Jul 2012 #27

There are Paulbots who are just enthralled over his Fed position Kennah Jul 2012 #35

How about Bernie Sanders and Alan Grayson, are they 'always whining also'? sabrina 1 Jul 2012 #37

It isn't that the FED shouldn't have oversight... Blanks Jul 2012 #40

Forget about Ron Paul. I asked about Sanders and Grayson. And this bill passed sabrina 1 Jul 2012 #45

The thread title has Ron Paul in it. Blanks Jul 2012 #47

Of course the OP only mentioned Ron Paul. sabrina 1 Jul 2012 #48

I wasn't aware that you were the research hall monitor. Blanks Jul 2012 #52

Put it this way, I have never met anyone on DU who does not know who Bernie Sanders is sabrina 1 Jul 2012 #54

Just because I don't accept your homework assignments... Blanks Jul 2012 #58

We understand your dislike of Paul, but was this a bad bill? nm rhett o rick Jul 2012 #50

I'll admit I don't know anything about the bill. Blanks Jul 2012 #53

What are they hiding? The Senate Dems are to close to the big banks to regulate them properly. limpyhobbler Jul 2012 #28

Given the maturity and wisdom with which Congress has addressed fiscal and budgetary questions, Nye Bevan Jul 2012 #30

I think the GOP would be happy with the Pres Obama appointees. nm rhett o rick Jul 2012 #32

So you are saying that no one should oversee the Fed? Bullshit. Just because Ron Paul said rhett o rick Jul 2012 #33

Why do you think he left out all the other people who said it? sabrina 1 Jul 2012 #55

Hi Sabrina. I hate to think why. nm rhett o rick Jul 2012 #61

Logic is irrelevant to many. Bonobo Jul 2012 #65

Of course he does. Every fucking day woo me with science Jul 2012 #38

Harry Reid Ian62 Jul 2012 #42

The Libertarians are always spewing anti-Semitic paranoid tin-foil BS about the Fed. Odin2005 Jul 2012 #43

The Federal Reserve Ian62 Jul 2012 #44

That's like saying NASA is privately owned. Odin2005 Jul 2012 #46

Bernie Sanders and Grayson are tin foil CTs now too? sabrina 1 Jul 2012 #49

Bernie got his piece of the "audit" in Dodd Frank where they revealed all the banned from Kos Jul 2012 #51

The Paulbots are against any central bank. Odin2005 Jul 2012 #56

'fun posters'. You mean not easily manipulated so more of a challenge, than say, sabrina 1 Jul 2012 #57

They should handle the Fed the same way they handle any other issue... hughee99 Jul 2012 #64