The Federal Reserve Hires Enron Lobbyist

You can't make this stuff up folks. A former Enron lobbyist is being hired by the Federal Reserve.

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.

Linda Robertson currently handles government, community and public affairs at Johns Hopkins University in Baltimore, and headed the Washington lobbying office of Enron Corp., the energy trading company that collapsed in 2002 after an accounting scandal. She was also an adviser to all three of the Clinton administration’s Treasury secretaries.

She is going to spruce up the Fed's image.

Right o. Just what we need, another millionaire lobbyist focused on image instead of substance.

Which Treasury Secretaries? Why Larry Summers, Robert Rubin and Lloyd Bentsen

And didn't we get deregulation, beyond belief bad trade deals, focused on squeezing the U.S. middle class out of that time period?

and so, now we have an Enron lobbyist, associated with the same people who brought us the Enron Loophole during the Clinton administration, is going to work for the Federal Reserve?

What is wrong with these people? They honestly believe that all they need to do is find some lobbyist and work on public relations instead of policy and they can continue to rob the country blind.

Well, in fact that has worked well in the past, but I hope America takes this event as an indicator we need reform.

Federal Reserve Transparency Act of 2009

To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

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