On Wed, Jun 19, 2013 at 4:29 PM, Jim Devine <[email protected]> wrote:
> > In relation to the Fed, the congressional initiatives haven't been too > bad. There have been a number of bills jointly sponsored by conservative > Republicans like Ron and Rand Paul and supported by progressive Democrats > like Allan Grayson and Bernie Saunders (a de facto Democrat) which have not > sought to abolish the Fed but to make its operations more transparent and > accountable to Congress. What's objectionable about that?< > > I agree with Marv. Further, even if voters are "befuddled," it's their > right to make errors rather than have some folks appointed by the very > rich make mistakes in their name. Popular democratic sovereignty > trumps dictatorship as a matter of principle. > There is a difference between Congressional oversight and day-to-day decision-making by political appointees. By your reasoning, we should not have any expert panels deciding anything, say Medicare reimbursement rates - those should also be decided by political appointees, right? -raghu.
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