Another Phony: Liberal Hero Elizabeth Warren Opposes Fed Audit

Liberals and progressives are the type that come to mind when considering P.T. Barnum’s famous quote that there is "a sucker born every minute" and they never stop trying to live up to being chumps. In 2008 they bought into the Barack Obama snake oil and after having ample evidence that it was a defective product, came back to buy another batch in 2012. The O-Bots are still living in a constant state of denial about the reality that their illustrious leader is one of history’s greatest bullshit artists and are still waiting for Obama to be Obama. But he is doing exactly that and the great marketing  to sell all of that “hopey changey stuff” was always bogus which is why Advertising Age magazine named Obama as their 2008 Marketer of the Year.

The “new” Obama with the so-called left is Massachusetts Senator Elizabeth Warren who advertises herself to be an opponent of too big to fail Wall Street gambling houses – except when she isn’t. Ms. Warren is just another phony and a Trojan Horse for the establishment designed to stick it to liberals only with a sugar coating. She has always been a devious flip-flopper, word-parser and deep cover agent for the elite and now her true nature is on full display. Warren has come out in opposition to efforts to conduct an audit on the grand temple of the moneychangers that is the Federal Reserve.

As reported by the Wall Street Journal “Sen. Warren Opposes ‘Audit the Fed’ Bill”:

A critical question for Sen. Rand Paul’s effort to expand oversight of the Federal Reserve’s interest-rate decisions is whether he could win support from the central bank’s leftist critics in Congress.

But one of the Senate’s most prominent liberal Democrats says she’s not on board.

Sen. Elizabeth Warren (D., Mass.), a member of the Banking Committee and an outspoken critic of the Fed’s oversight of big banks, said she does not support Mr. Paul’s proposed legislation, which she said could have “dangerous” implications for monetary policy.

“I strongly support and continue to press for greater congressional oversight of the Fed’s regulatory and supervisory responsibilities, and I believe the Fed’s balance sheet should be regularly audited – which the law already requires,” Ms. Warren said in an emailed statement. “But I oppose the current version of this bill because it promotes congressional meddling in the Fed’s monetary policy decisions, which risks politicizing those decisions and may have dangerous implications for financial stability and the health of the global economy.”

It’s not surprising at all that another prominent Democrat turns out to be a complete fraud but liberals should have seen this coming when she exaggerated her Native American heritage back when she was worming her way into power. But they are still waiting for Obama to be Obama, the Michael Jordan of politics just studying the defense of the Detroit Pistons Bad Boys before he will explode in a whirling dervish of sheer will, breaking down the opposition and winning the championship. Or the black Spock who is playing ten dimensional chess while all of his opponents are still playing checkers. Got news for the libs, it ain’t going to happen and your puppy love crush on Elizabeth Warren is just going to break your bleeding hearts once again.

By openly throwing in with the Fed the woman has now outed herself as just one more member of the controlled opposition that protects a system gone to rot.

Will New GOP Senate Leader Mitch McConnell Really Allow Fed Audit?

The news that Harry Reid - who was just ousted as Senate Majority Leader - was injured during an “exercise accident” is a perfect metaphor for the Democratic party being hit by a truck in the November mid-terms. The former Nevada Gaming Commissioner turned politician suffered multiple injuries including “broken ribs” and “facial bones” when a piece of gym equipment broke and the pathetic little twerp fell hard. Unfortunately for America, Reid’s injuries were not sufficiently serious to keep him from returning to the Senate for the opening of the new session of Congress this week. However, word is out that Reid will no longer be the obstacle blocking a long overdue audit of the temple of the money changers that is the Federal Reserve.

As libertarian financial blog Zero Hedge reports in a post entitled "Audit The Fed" Bill Gains Momentum, Yellen Starts Damage Control”:

After years of being blocked by Democratic leader Harry Reid, The Washington Times reports, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve's decision-making. Ron Paul's flagship legislative efforts have been picked up by his son and now has the backing of the leader of the new Republican majority, Sen. Mitch McConnell, whose office says the legislation will earn a floor vote. While the bill is not a sure thing, it appears to have The Fed worried as Reuters reports, Yellen and other Fed officials are lobbying Capitol Hill to drop the audit push.

So it is finally time for the incoming Senate Majority Leader Mitch McConnell to show whether he is sincere in doing the will of the American people after the mandate that voters just delivered to Republicans. Whether McConnell has the principles or the stones to take on the banking parasite that has been sucking the life out of America remains to be seen but there is at least a tiny sliver of hope. The story cited by the Zero Hedge piece from the Washington Times reports that the auditing of the Federal Reserve:

Has the backing of the leader of the new Republican majority, Sen. Mitch McConnell, Kentucky Republican, whose office says the legislation will earn a floor vote.

But the Washington Times story -“Congress poised in 2015 to order audit of Federal Reserve long sought by Ron Paul” also reports:

But despite overwhelming support in the House, where the legislation has twice passed, the bill is not a sure thing in the Senate, and the Fed itself is pushing back. Chairwoman Janet L. Yellen said earlier this month the Fed remains opposed to stricter oversight of its monetary policy decisions, and Reuters reported she and other Fed officials are lobbying Capitol Hill to drop the audit push.

The grandmotherly Obama appointee Yellen has not yet won the coveted prize of Time Magazine’s Person of the Year as did Chairman “Helicopter” Ben Bernanke but the wagons are being circled and the woman’s power should not be underestimated. The absolute last thing that the power elite in this country will allow is for even a shred of transparency be imposed upon their long-running racket of creating money out of nothing and inflicting crushing debt slavery upon the serfs. Hordes of the best arm-twisters of the banking and speculative trading lobbies will be descending on D.C. like a plague of locusts this coming week and that bodes ill for any serious audit of the Fed and the institution’s protection of Wall Street casinos.

So now it is up to Mitch McConnell to stand up and do more than simply allow a “floor vote” on scrutinizing the moneychangers. Such a vote would be doomed to failure once the graft machine has successfully bought off enough Senators to derail the audit but it would provide cover for McConnell. He can then claim that he honored the will of the people before he gets down to business in cutting deals with Emperor Barack Obama to further destroy what remains of the American middle class by pushing through the TPP.