The government is going to tax you (directly or through inflation) so they can pay for a propaganda machine in order to keep Congress from trying to figure out what exactly it is that the Federal Reserve has been doing with our money. I guess lobbyists are only bad if they originate from industry. If they come from government, then this is only "public relations management." More on this story is reported by Bloomberg:
The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said.No doubt, this is intended to shut down HR 1207, the Federal Reserve Transparency Bill of 2009. As Lew Rockwell says, the banksters are getting scared of Ron Paul.
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