Sunday, July 19, 2009

Approve plan for audit of Federal Reserve

In the name of transparency and openness a full audit of the Federal Reserve should be available. 

 

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Currently, there are bills in the House - HR1207 - and the Senate - S604 - that call for a full and complete audit of the Federal Reserve. The legislation would legally obligate the bank to tell Congress exactly how much money has been given out - in the trillions - to whom it has been given and on what terms.

This letter is a call to action for Dick Durbin to cosponsor S 604.

Click on the following for more of the story:   Approve plan for audit of Federal Reserve

BLOGS across Illinois talk of Representative Franks’ (Crystal Lake) $1.3 million for 2010 Run for Governor

Just so you know Helen Lindow is Jack’s aunt.

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Jack Franks (D) “a player” for Gov? Check the D-2’s »

By mcpundit on Jul 18, 2009 in Illinois Governor | 2 Comments

What’s that old saying, “Perception, is  9/10th’s of reality?  Getting momentum for a race for Governor, is a lot about being perceived as being a “player”.  . . which means being able to raise lots of money.

Capital Fax calls Rep.  Jack Franks,  (D), who is considering a run for Illinois Governor, a “player”, because he has just reported raising a little over $1.3 million in the first 6 months; indicating just a part of that $1.3 million was a $150,000 loan to himself.

That seemed an impressive amount of money raised in 6 months.

However, if you look at the D-2’s; here’s where over $1 million of the $1.3 million came from.

$150,000  Loaned to himself

$250,000 Contributed to Jack Franks from his father

$450,000 Contributed to Jack Franks from his mother

$200,000 Contributed to Jack Franks from his wife

Makes one a bit curious to see what the relationship is to the other two contributors listed; Real Estate Broker Steven Kling, who contributed $100,000, and Helen Lindow, owner, Lindow’s Appliance, who contributed $50,000.

Rep. Jack Frank’s father, Herbert H. Franks, is a trial lawyer.  One might call him, “a player”.

Ah, perception