A former road patrol Sergeant of mine had a favorite saying, “When the leopard licks your hand, draw your sword.” Never has that saying popped into my mind faster than this morning when I read a News Junkie post highlighting the Senate vote on a one time audit of the Federal Reserve. The current bill, a watered down version of the original, passed 96-0. Though Senator Bernie Sanders from Vermont should be applauded for pushing for greater transparency at the Federal Reserve, something is up.  Instead of permitting the GAO to fully and continually audit Bernanke’s Books, the unanimous vote called for a one-time audit from December 1st, 2007 to the present. HUGE RED FLAG!

Senator Chris Dodd jumping on board should be a huge red flag. When this leopard licks, you know it’s time to pay attention. That he calls this an “historic moment” and claims the bill has already had “an influence on the conduct of the Fed in terms of the transparency issues,” should be a wakeup call to us all. HUGE RED FLAG #2.

This isn’t an audit, it’s an attempt at appeasement, an blatant shot at pacifying those calling for a full and continual inspection and evaluation of the Federal Reserve. This is a shell game. A nice box wrapped with pretty ribbon but the box is empty. We are being hustled. Shocker, I know.

Just how gullible do Chris Dodd, Ben Bernanke and the Obama Administration think we are?

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