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Socialist Mel Watt (D-NC) Defends the Fed
Rep. Mel Watt (D-N.C.), a member of the far-left Congressional Progressive Caucus, defended the totally out-of-control Federal Reserve Board saying an audit of it would “substantially castrate the Fed so it cannot do what it was set up to do.”
I thought socialists hated the Fed, viewing it as a key instrument of capitalist oppression.
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Matthew Vadum, matthewvadum.blogspot.com, is an investigative reporter.
His new book Subversion Inc. can be bought at Amazon.com (US), Amazon.ca (Canada)
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