Rolling Stones writer, turned financial system truth-sayer, Matt Taibbi put it this way [1]:There are about 1800 financial lobbyists wandering DC these days — I was physically bumping into these guys in DC this week in the halls of Hart and Dirksen — while the leading reform groups (like Americans for Financial Reform) have few if any. (AFR, as far as I understand, has no paid lobbyists and just a few dozen volunteers).
With the "Audit the Fed" legislation going to conference committee, where a one-time audit could be converted into a more routine process, now is a good time to support Americans for Financial Reform.
Sources:
1. Matt Taibbi blog post, "Balance in the Washington Post," May 8, 2010.
1 comment:
The lack of coverge in corporate news outlets of efforts to audit the Fed are sadly typical.
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