Giethner: HR 1207 a "line we dont want to cross"

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."

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[iloveterriers]

Timothy Geithner is a sociopath. Spread the word. These sociopaths running the government should not be in charge of running anything! They are enemies of humanity.

[fortsmith1]

I think we need to cross the line and kick his ass.

[fredonia81]

Timmy Geithner;  your all bullshit!!

[abcedy123456]

@bugsz1 Dude I could not have said it better my self. You see knowledge is power. Imagine all the people who are ignorant of the facts of history and how they just eat up all the crap that spews out of this LIARS mouth.!

[abcedy123456]

@fortsmith1 YES! Yes we do.

[coolwithjoy1985]

It's funny to see the congress approved FED act 1913 and now asking who provided the authority to lend dollars to foreign central banks!

We are fundamentally wrong since people only talking about "CREDIT"! When are we going to talk about "DEPOSITS". I'm sure Indians/Chinese going to simply override our life style very soon (within next decade), please "SAVE YOUR MONEY" and be simple!

I don't believe FED/SEC/TREASURY/GOVT anymore and invested in agriculture and commodities years back!!

[szol2005]

Timothy Geithner? Oooh, u mean the tax dodging bankster...

Power corrupts!

END THE FED

[bugsz1]

@xMaXiMuSx Agreed, I understand.

[xMaXiMuSx]

@bugsz1

You are missing the big point.. The fed was designed to make sure that when there was a crisis they could use the taxpayers money to bail themselves out while the entire populationion suffered the consequences. For example the 2008 crisis should have been just a few wall street firms going bankrupt but they got bailed and all the toxis assets and the inflation was dumped on everyone else.

[bugsz1]

Tim, dood, someone has to tell ya...Every time you lie, your forehead wrinkles.

[bugsz1]

Uh, wrong again Tim. We went through centuries of financial crisis before the fed? WTF are you talking about Tim? The FED, the last time, was instated in 1913. The crisis was caused because we didn't have a central bank? If you are refering to the depression of the twenties and the great depression, the FED was the cause of both. You can't forget the 70's, the 90's and the current depression. ALL of these happened while the FED was controlling the dollar.

Impeach the traitor Obama.

[MrJosh91189]

holy crap look at Geithners face at 6.30 that's a face i make when i know somethings true so it makes you wonder