Paramount Asks Federal Judge To Require California and Other States To Pay $1.88 Billion Bond As Warner Bros. Discovery Is on Hold
By BRADLEY CORTRIGHT
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This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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It is tempting to express disappointment at the watering down the Senate did to Congressman Ron Paul’s vision of how to audit the Federal Reserve. Dr. Paul himself is, in an interview with the Sun this morning, characterizing the Senate’s bill as only “slightly better than nothing.” He is even warning, “It does political harm,” in that it gives the Fed “cover — and people can hide from it.” The bill that cleared the Senate is aimed at finding out merely what the Fed did during the recent bailouts but not what it is doing, say, at the discount window or in the way of loans to other central banks and governments and international financial institutions. It may lead to an auditing merely of procedures and not of numbers. The right move in the House-Senate conference is a pursuit of a wide audit that would open the Fed to daylight.
By BRADLEY CORTRIGHT
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By LUKE FUNK
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By GEORGE WILLIS
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By JOSEPH CURL
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By BRADLEY CORTRIGHT
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By LUKE FUNK
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By DONALD KIRK
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By JENNIFER DOHERTY
|It is tempting to express disappointment at the watering down the Senate did to Congressman Ron Paul’s vision of how to audit the Federal Reserve. Dr. Paul himself is, in an interview with the Sun this morning, characterizing the Senate’s bill as only “slightly better than nothing.” He is even warning, “It does political harm,” in that it gives the Fed “cover — and people can hide from it.” The bill that cleared the Senate is aimed at finding out merely what the Fed did during the recent bailouts but not what it is doing, say, at the discount window or in the way of loans to other central banks and governments and international financial institutions. It may lead to an auditing merely of procedures and not of numbers. The right move in the House-Senate conference is a pursuit of a wide audit that would open the Fed to daylight.
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