Alan Grayson and Eliot Spitzer on Paul/Grayson amendment enabling the Federal Reserve audit.

Grayson may be a maniac when it comes to distribution of wealth or understanding what makes actual health care reform, but damn, he got this spot right and ad hominem attacks should not be used to discredit or undermine noble action. 

"Capitalism requires rewarding success and punishing failure.... So far we have seen plenty of reward for success on Wall Street but no punishment for failure, not when the Fed is handing out blank checks"

Eliot Spitzer then chimes in and basically vocalizes what so many of us have been saying and thinking all along.  Greenspan got it wrong, got it wrong many times and Bernanke is continuing the failed policies. 

"They have been wrong, other than when Paul Volcker was there, understand that Alan Greenspan got it fundamentally wrong over and over again. That's why they don't want us to see what they've been doing. The bailouts have been wrong, the macro policies have been wrong, until we put this on the table, we can't correct it."



Please see the post on the Paul/Grayson amendment and who voted against it, because it is really up to you to ensure that these people never serve for public office again.

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