The Tonka Report

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Archive for August 26th, 2009

Senator Edward Kennedy’s 1969 Chappaquiddick Speech – Spin On!!

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Ted Kennedy: 1969

Written by Steven John Hibbs

August 26, 2009 at 9:12 pm


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Mind Blowing Speech By Robert Welch In 1958 Predicting Insiders To Takeover And Destroy America – They’re Doing A Damn Good Job!!

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John Birch Society Speech By Robert Welch

Tim Geithner: Auditing The Fed Is A “Line We Don’t Want To Cross”

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James Corbett / The Corbett Report – August 26, 2009

In an interview released today by Digg and the Wall Street Journal, Treasury Secretary Timothy Geithner was pressured about the growing popular movement to Audit the Fed spearheaded by Texas Congressman Ron Paul. A visibly uncomfortable Geithner attempts to dismiss the question by stating “I’m sure people understand that you want to keep politics out of monetary policy.” When Geithner is again pressed on the issue, he makes the stunning assertion that conducting an audit of the Federal Reserve—something never before done in its 96 year history—is a “line that we don’t want to cross,” proclaiming that such a move would be “problematic for the country.” Watch the interview in the player below:

Geithner’s response that auditing the Fed would give politicians dangerous control over American monetary policy is mistaken at best and a deliberate lie at worst. Allowing the public to know what happened to their $24 trillion in bailout money does not give undue control of monetary policy to the people’s elected representatives. Instead, such an audit would finally allow the public to see how their money has been spent in the midst of the largest spending binge in the history of the world’s economy, hardly an unreasonable demand given the well-documented revolving door between the Treasury and Goldman Sachs, the main recipient of bailout funds. Ultimately, the Treasury Secretary is left spewing the absurdity that “I think even the sponsor of that bill recognizes how important it is to us to have the Fed independent of politics,” which can only be said to be true insofar as Ron Paul—the sponsor of House Resolution (HR) 1207— wants to abolish the Federal Reserve system altogether.

Link to entire article below…