{"id":1421,"date":"2010-01-25T12:21:01","date_gmt":"2010-01-25T17:21:01","guid":{"rendered":"http:\/\/jimbovard.com\/blog\/?p=1421"},"modified":"2010-01-25T12:25:14","modified_gmt":"2010-01-25T17:25:14","slug":"dump-bernanke-and-audit-the-fed","status":"publish","type":"post","link":"https:\/\/jimbovard.com\/blog\/2010\/01\/25\/dump-bernanke-and-audit-the-fed\/","title":{"rendered":"Dump Bernanke and Audit the Fed"},"content":{"rendered":"<p>How much damage can one man inflict and still be treated like a saint and savior in Washington?<\/p>\n<p>Ben Bernanke&#8217;s career answers that question.   The Establishment media has rallied around the current Fed chairman as if his reign was the triumph of wisdom and goodness &#8211; instead of a debacle of bursting bubbles and ruined lives. <\/p>\n<p>Even though the Federal Reserve is supposedly independent [insert guffaw here] &#8211; Bernanke will not be permitted to continue in his job unless the Senate votes this week to grant him another term. <\/p>\n<p>Sen. Russell Feingold, Sen. Barbara Boxer, and Sen. Byron Dorgan announced last week that they will vote against another term for Bernanke.  Unfortunately, I doubt that most Republican senators will have the courage or  gumption of these Democrats on this vote. <\/p>\n<p>The Senate will be voting on Bernanke while having little or no idea what the Federal Reserve has done in recent years.   That is why Congress must pass Ron Paul&#8217;s legislation to <a href=\"http:\/\/www.ronpaul.com\/on-the-issues\/audit-the-federal-reserve-hr-1207\/\">Audit the Fed.<\/a><\/p>\n<p>These are only first steps, but they would be a giant leap back in the direction of fiscal sanity. The Federal Reserve has been bankrolling the war machine in this country for decades, and a loss for the Fed would make it more difficult to use a charge card for the current or next war. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>How much damage can one man inflict and still be treated like a saint and savior in Washington? Ben Bernanke&#8217;s career answers that question. The Establishment media has rallied around the current Fed chairman as if his reign was the triumph of wisdom and goodness &#8211; instead of a debacle of bursting bubbles and ruined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[659,22,669,38,668,37],"class_list":{"0":"post-1421","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"tag-attention-deficit-democracy","8":"tag-obama","10":"tag-ron-paul"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dump Bernanke and Audit the Fed - James Bovard<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jimbovard.com\/blog\/2010\/01\/25\/dump-bernanke-and-audit-the-fed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dump Bernanke and Audit the Fed - James Bovard\" \/>\n<meta property=\"og:description\" content=\"How much damage can one man inflict and still be treated like a saint and savior in Washington? Ben Bernanke&#8217;s career answers that question. The Establishment media has rallied around the current Fed chairman as if his reign was the triumph of wisdom and goodness &#8211; instead of a debacle of bursting bubbles and ruined [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jimbovard.com\/blog\/2010\/01\/25\/dump-bernanke-and-audit-the-fed\/\" \/>\n<meta property=\"og:site_name\" content=\"James Bovard\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jim.bovard\" \/>\n<meta property=\"article:published_time\" content=\"2010-01-25T17:21:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2010-01-25T17:25:14+00:00\" \/>\n<meta name=\"author\" content=\"Jim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jimbovard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/\"},\"author\":{\"name\":\"Jim\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\"},\"headline\":\"Dump Bernanke and Audit the Fed\",\"datePublished\":\"2010-01-25T17:21:01+00:00\",\"dateModified\":\"2010-01-25T17:25:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/\"},\"wordCount\":228,\"commentCount\":7,\"keywords\":[\"Attention Deficit Democracy\",\"Attention Deficit Democracy\",\"Obama\",\"Obama\",\"Ron Paul\",\"Ron Paul\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/\",\"url\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/\",\"name\":\"Dump Bernanke and Audit the Fed - James Bovard\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#website\"},\"datePublished\":\"2010-01-25T17:21:01+00:00\",\"dateModified\":\"2010-01-25T17:25:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2010\\\/01\\\/25\\\/dump-bernanke-and-audit-the-fed\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dump Bernanke and Audit the Fed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/\",\"name\":\"James Bovard\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\",\"name\":\"Jim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"caption\":\"Jim\"},\"description\":\"Bovard's homepage is at http:\\\/\\\/www.jimbovard.com He can be contacted at jim@jimbovard.com James Bovard is the author of ten books. The Wall Street Journal called Bovard \\\"the roving inspector general of the modern state\\\" and Washington Post columnist George Will called him a \\\"one-man truth squad.\\\" His 1994 book, Lost Rights: The Destruction of American Liberty, received the Free Press Association\u2019s Mencken Award as Book of the Year. His Terrorism &amp; Tyranny won the Lysander Spooner \\\"Best Book on Liberty in 2003\\\" award. He received the Thomas Szasz Award for Civil Liberties work, awarded by the Center for Independent Thought and the Freedom Fund Award from the Firearms Civil Rights Defense Fund of the National Rifle Association. 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