If the Fed is audited, what might we find that they are doing which would be bad?

You can't answer the question.

(Auditing the Fed has nothing to do with "monetary science." The question I asked you is directly related to "monetary science.")

 

And the DOD. Huge black accounting hole.

 

Ah yes, the Dept. of Offense

 

A genuine audit would reveal a fractional reserve banking system designed to keep every single US citizen in debt forever.

 

Classic Dr. Righteousness. Spend 10 posts claiming he never said she said she supports corruption in government, because he didn't say "she said" that she said that.

Yet another prime example of his idea of good faith debating. To go along with these:

http://www.politicalforum.com/polit...d-budget-amendment-now-13.html#post1062177233

http://www.politicalforum.com/curre...-speech-very-deep-true-23.html#post1061984479

and many others.

Adding yet another great example why discussing anything with him is a collossal waste of time.

 

i don't jump through hoops, especially your ridiculous guessing games

if there something you want to know about a particular model, just ask

you're playing games, if you have a real question, just ask it

but if you're expecting me to prove theorems mathematically, you're way off track

so you think 100% reserve requirements would work?

the last real full-reserve bank, failed about 200 years ago

 

1) What is a "genuine audit"

2) How would it show that? Because you saw a video on the internet?

 

Why would I "quote to her posts where she says she supports corruption in government" when I never claimed she says she supports corruption in government?

Classic Iriemon. Dodge the issue at hand and spend 10 posts setting up a red herring.

Yet another prime example of his idea of good faith debating.

The only thing those threads prove is that you ad hominem, and then run away and hide when you're proven wrong.

Adding yet another great example why discussing anything with you is a collossal waste of time.

 

I didn't ask you to prove any theorems.

You should know which model I am referring to: FRB/US.

The answers to the two questions I asked contain a combined 5 words. Not that difficult. For the second question, the general method will suffice.

I am still waiting.

 

What a joke, I didn't claim it wasn't.

I've already proven that the Fed is not fully audited. So you're a lunatic for blatantly ignoring what's written in the US Code.

Find it yourself.

 

whores,strippers,drugs,gambling,vacations,cars,houses,thousands of rounds of golf,tickets to major sporting events,hundreds of thousands in expensive groceries,parties for every event you can think of,private bribes to other world leaders, etc. etc. etc. ALL PAID FOR BY OUR HARD EARNED TAX DOLLARS !!!!!!!!!!!!!!

 

Because you claimed she supported corruption in government. The fact that you now concede you have no evidence that she ever said such a thing proves that your claim is based on nothing more than your own baseless, bull(*)(*)(*)(*) accusation.

Which is what I said it sounded like in my first post. And I was spot on.

 

who says? let's see a link

try holding your breath

your definition of fully is wishy-washy at best

and of course you didn't prove anything

it doesn't exist

 

www.federalreserve.gov/pubs/feds/1996/199642/199642pap.pdf

 

ok, i looked it over, what's the question, now?

 

Whatever conspiracy leads you to claim over and over their is a internal audit of the FED, which your own sources say does not occur.

 

I think investigating potential crime and putting criminals behind bars is a fine place to begin.

You can mentally tinker with a broken system if you like.

 

David Duke and Malcolm X told me while all three of us were exhuming Hitler's body for necrophiliac purposes, of course.

I think that answers the quality of your questions succinctly enough.

 

You mean the GAO report you cited and the audited financial statements you didn't bother to read?

Sure they do. I cited the language for you.

- - - Updated - - -

I was wondering the same thing.

 

Bad does not mean illegal. The fed has been in bed with both parties for years to make sure they will never face prison time. Even if they were audited, laws are worked to protect them.

 

Maybe in the incoherent world you apparently inhabit.

- - - Updated - - -

You mean the Fed has never been audited? How interesting. Where did you hear that?

 

i think anyone that breaks the law should have to answer for it

there's always room for improvement, but

no system is immune to all breakdowns, that's humanity

what system is it that you think is superior to the one we're using?

don't forget to consider that we produce more than any other country on earth

the idea is to be non-partisan, promote maximum employment, stable prices and moderate long-term interest rates

 

What is the mathematical term that describes those equations and how were they determined (which econometric method was used)?

 

I never said they have never been audited. I said that they are protected by politicians from anything happening to over over it.

 

If you are not saying they've never been audited, then your statement: "Even if they were audited ..." doesn't make sense. A rational person would not say "even if they were audited" if they are audited.