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Congressman Watt Guts Bill to Audit the Fed
Ron Paul tells Bloomberg that Congressman Watt has just more or less killed the bill to audit the fed:
Representative
Ron Paul, the Texas Republican who has called for an end to the Federal
Reserve, said legislation he introduced to audit monetary policy has
been “gutted” while moving toward a possible vote in the
Democratic-controlled House.
The bill, with 308 co-sponsors,
has been stripped of provisions that would remove Fed exemptions from
audits of transactions with foreign central banks, monetary policy
deliberations, transactions made under the direction of the Federal
Open Market Committee and communications between the Board, the reserve
banks and staff, Paul said today.
“There’s nothing
left, it’s been gutted,” he said in a telephone interview. “This is not
a partisan issue. People all over the country want to know what the Fed
is up to, and this legislation was supposed to help them do that.”..
Paul,
a member of the House Financial Services Committee, said Mel Watt, a
Democrat from North Carolina, has eliminated “just about everything”
while preparing the legislation for formal consideration. Watt is
chairman of the panel’s domestic monetary policy and technology
subcommittee.
Contact Congressman Watt and tell him what you think.
»
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Sad. This guy does not need gold neck chains or a gold Cadallac to be a pimp. Voting against the people's interest in favor of the super-rich bankers says it all.
There is only one question that remains;
How much will the Dems lose by in the next election?
What interests me is that Ron Paul just never quits. He must have known that something of this sort would happen. There is NO WAY that his Audit the Fed initiative would be allowed to reach a vote as written. Yet he keeps trying, again and again and again. Quite remarkable.
http://www.opensecrets.org/politicians/summary.php?cycle=2008&type=I&cid...
well let's see. ron paul introduces a bill that he knows(and admitted as such) would go nowhere fast. so this makes him look good in the eyes of those that want answers. then along comes a democrat named watt who guts the bill so nothing will ever be done. so now the republican insinuates that it is the democrats who are doing this. on and on it goes. the game continues. meanwhile back at the ranch, ron paul's son who lives in Tennessee is going to run for office using his family name. how nice that is. why would anyone with any true grit want anything to do with this government? why? i am sorry but i am highly suspicious of this game that is being played. i am afraid that ron paul is nothing more than some guy who plays his part as the cavary that is coming to the rescue but the problem is that we just need some more of those ron paul money bombs to get this going for 2012. i said it before and i will say it again. no redress in the congress, no remedy in the courts.....this country is dead in so many ways, yet the lips of those who are in washington continue to move, like anything they are doing matters at this point. i grow weary of these chains.
Mel had a lot of Ultra short and ultra Dow buy and sell transactions last year, how convenient. I have never seen a Rep with such an active trading record. Opensecrets.org.
demsco:
I just looked at your web site...very nice...thanks for explaining what goes on up there in DC:
Opensecrets.org
http://pfds.opensecrets.org/N00002328_2008.pdf or Images 2008
http://www.opensecrets.org/pfds/candlook.php?CID=N00002328
"Paul said he intends to introduce an amendment to the bill when it comes to the House floor for a vote restoring the legislation’s original language."
Use zip 27501
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
Salisbury, NC 28145 is one place that happens to be in the 12th District, which is the only location from which Congressman Watt will receive emails. Perhaps someone on this list lives in that happy location.
Until someone finds a way to get this message to the avg Joe on the street, it's a moot point. All the blogs in the world cannot counter the blatant disinformation of the MSM. I have personally tried to relay the message time and again, face-to-face. The results??....as Jack once said, " you can't handle the truth"...and as I say, " the sheep don't WANT to know the truth".
when i first "woke up" i used to go around talking to all that would listen about what is going on. i was told that i needed to be committed. i was told that i was crazy. even my own family more or less blew me off. such is the life of a true patriot. in the words of the great american man of letters...Samuel Langhorne Clemens, aka mark twain..
"In the beginning of a change the PATRIOT is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot" (1904)
yes you are right. the sheep sleep and are bought off with a few trinkets and are happy in their chains. hell man, take a look at them now being herded to the medical centers to take flu shots they don't need. the sheep are an embarrassment to thinking americans everywhere and to many people's around the world. well i better shut up now. they passed the hate crime law this week, so we sure can't display any thought patterns that might be construed as anti government...oh my....
It is not relevant to audit the Fed if Congress can assure Bernanke that he will not be confirmed and, he can start clearing out his desk. Bernanke will freak and make arrangements to disclose what Paul wants to know.
The next Fed Chairman will disclose, making it tough for Bernanke to keep his stand.
Right now there is no way of telling if Bernanke has committed any felonies by giving money to certain persons. Unless one can audit, or get a judgement to force disclosure, then criminal activity within the federal reserve system is a tolerable activity.
No one has told Bernanke that we care what he did, we just want to know what he did and why.
Richard Nixon claimed executive priviledge to hide a crime, and lost. Bernanke will lose this battle. But remember, this is not about Bernanke- he takes orders. No one but his kids care a rat's butt about him. This is about who got the money. Who got the money and is not a foreign central bank, not a bank holding company, not a qualifier for any money.
Lets see, North Carolina. Hmmmm, Charlotte is in North Carolina. Hmmmm, Wachovia (now part of Wells Fargo) and Bank of America are homed in Charlotte...
Hmmm, yeah I could see where a congressman from North Carolina who would not be a congressman from North Carolina without being in the hip pocket of these banks, would not want the skulldugery of the Fed to see the light of day. It isn't political like Ron Paul said. It isn't Democrat or Republican. It just comes down to who you represent and Congressman Watt is a patriot of the banks. He represents America...Bank of America that is.
Yep? Well we know who's bitch Watt is.
It is time to start pounding the ground in his area.
someone should ask the Oracle what his position is on the audit the fed issue is
-1
We can think for ourselves thank you.
The Oracle's a she anyhow.
I dare not share the thoughts going through my head because I'd probably have a knock on my door in a day or two
This is what is bad about these virtual spaces. You are pissed there, I am pissed here...
The net enables and constrains. We stay isolated, venting here, not where it matters.
Where is CD? Another mechanism of cognitive dissonance, once you are aware, you blow your load on the net and feel like you have affected some kind of change?
Uhh yeah, right!
Gordon, get your sweet ass out here and talk to us about credit card default again. Chumba, remind us what pussies we are for taking it. We all need to bitch slap each other out of the matrix. Miles, surely you got some ideas.
Smack!
Smack!
MsCreant, I do as I am sure you appreciate. The question is do you really want to know? While you come to terms with what your decision means in its fullness know that by simply being who and what you are you are doing far more than just dropping a load on the nets. Like CD and many others, I am with you Sis. BTW, there is a whole lot to being a mentor that I find interesting. Someday I hope that I can join the ranks of those that teach, rather than simply educate as I am sure you are ready to join other ranks yourself.
ATB
BTW, I love it when you get this way. Smack Smack indeed. Such efforts to light the fires may well lead me to call you The Torch MsCreant.
"MsCreant, I do as I am sure you appreciate. The question is do you really want to know?"
Yes. I don't say much lightly. When I am full of shit, I can usually own it latter. It is one of my better qualities.
Yeah, I want to know.
I think it is cool having a soldier, ex DOJ dude around (notice I did NOT put ex in front of the soldier part).
Are you really ready to lose it all? Your son? Family? Associates & friends? Career? Home, bank accounts & retirement? Everything but yourself, your ethos and your desire to stand? I ask you these questions as someone that made the journey on a step by step basis on survival mode. You situation may well be different in some respects. Although I can fully appreciate if it isn't. I am being a brother and making sure you are as sure as one can be. Take some time. Look at things through this very different light for a time and be sure because one thing the Matrix has right is that once you decide, there is no turning back dear friend. Unless of course, you go rogue and initiate a tragedy for everything you are saying you stand for...... Most especially yourself.
Take care, tuck in your son and take a pause for the cause.
I come up agaist this wall every day. The reason I do what I do is for my son and hubby. When my son looks set up, then it will be a lot easier to make some more hardcore decisions. Meanwhile I always have feelers out for ideas to fight the machine.
And as I say all that, I am the thing I want to fight. Fight when it is safe? Fight when it is conveinient? Cling to the idea that there is a chance that things will work out without invoking Shiva and Kali to reign down on this mess?
So yeah, I'm at that point, and have yet to reach out and not just hold the pill, but swallow. I may not know specifics, but I know damn well what is on the other side of the rabbit hole.
Your story, are you writing it? Do you have a manuscript? Would reading it be a red pill?
Then do what you know must be done MsCreant. You have to look for what is your pathway and then follow it with total abandon, trusting to something larger than yourself. I can tell you that the more "things" that are important to you the more opportunities there are for others to manipulate you. So, my advice of being ready to lose it all is most important. I suggest a sit down with those closest to you and go over all of the essentials, what ifs, communications, alternate living and transportation, no notice flight bag w/essentials, legal guidance on your pathway. The whole package. Otherwise you and those that love you may well suffer the same fate those that loved me suffered and I would not wish that upon anyone. In other words there is only so much that can be done prior to jumping into a passel of wild weasels. Plan accordingly.
My first effort was locked up in an archive vault. Hence one of the reasons I am on the street with three pension checks and primary custody of my two younger kids even as a 100%er. It covers a few sigma 6 events as a participant and observer. Hence my occasional use of the acronym J.A.F.O., (Just Another Fucking Observer. Yes, at a major moment of truth that effected millions I just followed orders). I suppose my entire life is a case study in how sigma 6 events are either very ordinary or my life has been extraordinary.
I put this quote to CD earlier at the Roubini thread, but I think it applies here as well.
"I discovered later, and I'm still discovering right up to this moment, that is it only by living completely in this world that one learns to have faith. By this-worldliness I mean living unreservedly in life's duties, problems, successes and failures, experiences and perplexities. In so doing we throw ourselves completely into the arms of God, taking seriously, not our own sufferings, but those of God in the world. That, I think, is faith." - Dietrich Bonhoeffer
If there is anything I can do, advice I can provide or you just have a desire to have a cup of coffee and shoot the proverbial shit you know I am close and I have yet to refuse a 911 can from anyone or a 411 call from family. Take care Sis. Remember, when we feel compelled by a calling often times it leads to our death or demise. You have to hold on with the skin of your teeth without knowing if you are doing right or wrong or if there will be vindication on the other side.
All The Very Best On Your Quest.
http://www.youtube.com/watch?v=oCqsG1t7RoU
Oh ya, I can relate to your calls as someone who had the experiences on the Res's at the four corners and numerous other experiences along those planes, all over the globe including the opportunity to be buried overnight.
Good Sunday morning MsCreant. It is Sunday in the South, and most of the bible belt is in church--your statement here has epic value just like any great sermon--may it effect all of us! AMEN
You got a little hell and brimstone of your own today! Even as we bitch and point out who and where the bastards are, even as we own our own culpability, we gotta stay positive and support each other. You remain positive (but not myopic) yet realistic in the face of all this. I enjoy tracking where you have been once you have gone through a thread. You are medicine.
Peace sister.
Vote like you mean it, damnit! The penultimate stand of freedom in a supposedly free society is to exercise you vote. Spread information, debate and tell people how to vote if they want to stop the madness.
I'm planning on running for Rep. in either 2010 or 12. My platform will be anti-bailout, anti-fraud, anti-fed, anti-patriot act, anti-most things that the government has done recently for that matter. Shortly...pro constitution, pro-peace, and other things I need to clear up.
If you think you can change things non-violently without voting and participating in the democratic process as it is now, then you are kidding yourself. The solution here is a public one, even if many people prefer the private world. The funds for a sucessful political campaign are in the millions, and it is a prerequisite, no matter how correct the ideas are, but I think it is possible.
Good wishes on this. Please keep us posted. It would be an education for us all to track your progress. Maybe even hopeful. Or a source of dispair. But certainly a brave experiment.
Godspeed.
Everything we consume that we do not produce ourselves
feeds the monster. Don't allow the phuckers to steal the fruits of your labor.
Smack!
Thank you sir, may I have another!!
You are so spot on.In my deeper contemplations of the matrix I have wondered if some sites exist only to provide a place for cathartic release, as well as tipping off the Power where the real troublemakers are.
I do actually go off on the elected scum, and actively try to unseat them with somewhat better candidates.Talk about an uphill battle.In the case of the scum bankers from planet felony, if people move all their money to other banks it would help.But I cannot help feeling like things are so bad that we need to do more.A lot more.
I am sure that sentiment puts me on a list......
Cistercian, the first step on that journey is the decision to risk everything in order to stand and doing so. The next steps involve dusting yourself off, again and again after taking a beating and doing it all over again. I hope that you are able to enjoy the fruits of your labor of love and belief.
All The Best
Thank Mr. President.Sometimes their probes are more obvious than others....I think most Americans would freak out if they had any idea how pervasive the mil/intel presence is, both here and in the physical world.Of course, it is supposed to be for our own good.But such enormous power has a very corrosive quality.It seamlessly transforms into controlling the people, which is very dangerous.This control, which in this space is primarily via meme construct and meme co opting is insidious.It is a real war, and they are using very powerful AI, and refining them over time.
At this point is seems reasonable for us to eliminate their spending, using whatever method we can to do it.Since financial collapse seems imminent, now might be a good time to aggressively pursue this.
Good points in that post.
Where is CD? Right here MsCreant, on your flank, by your side, asking the tough questions not of our leaders and the powers-that-be but of ourselves.
I posted here yesterday (see above) asking us all at what point will we do something about this. When will we stop acting like battered wives in denial, bargaining with the batterer, conceding on every point if only he promises not to hit me any more.
No one wants to see themselves as helpless so we lie to ourselves about all the wonderful ideas we have and the things we will do when the bad guys are defeated. We talk the talk but we aren't ready to walk the walk that we all fear will endanger ourselves and our livelihood.
We think to ourselves "There must be a way to take down these bastards without my hands getting dirty for I have too much to lose." We peek out of the fox holes we've dug and scan the field for the saviour, the hero who will charge bravely forward and slay the dragon so that we may remain safe and intact.
We all practice confirmation bias, seeking out information that confirms our belief system while we avoid the information that tells us the job will only get done if we all shoulder the wheel, that we're doomed if we wait for Neo to come to our rescue and free us from the Matrix. If only this or that would change, if only some law were passed, if only the SEC would do its job, if only they would clamp down on the banks. The list is endless.
Of course, our participation as posters and readers of Zero Hedge is part of that desire for confirmation bias. We feel that Tyler, Marla and crew are the freedom fighters finally entering the battle on our side. Finally we had a brave and sturdy soul who will do our fighting for us, who has clout and a voice, who seems to be making a difference.
Don't get me wrong, I applaud everything that ZH is and does. But if by acting as ZH does, we allow ourselves to be lulled back into the false belief that progress is being made and thus we can lay down our weapons, we have lost before we have even begun to fight. Let's not kids ourselves, we really do want someone else to do the dirty work for us, to go into harms way so that we can enjoys the fruits of their labor. I don't wish to be hurt and it would be a lie to say otherwise. But let's at least admit this about ourselves rather than recite soothing platitudes as excuses.
We are all aware of the games people play but of course we're too smart, too aware of ourselves to fall for that trap. It's those other guys and gals who are in denial, not me. I can see clearly for miles and miles while everyone else (except for that small group who agrees with me) are simply sheep waiting to be sheered and then slaughtered. I'm the exceptional one here. If only those (other) idiots would get their shit together, we could fix these problems.
Why do we still practice the charade of elections? Why hasn't the powers that be brought the hammer down on our heads? I'll tell you why. It's not needed. We stay in our corral, we clean up after ourselves, we feed and clothe ourselves and even police and punish ourselves when we stray too far from doctrine. We are so far into denial that we allow ourselves to be divided along whatever lines you wish to discuss, thus effectively emasculating ourselves and handing power to those we say we want removed.
We still believe that we are basically free, that we control our destiny, that if we get really pissed off, we can change things at any time. We are addicted to our own false belief that we are free. Our addiction is to the dual drugs of nationalism/exceptionalism and freedom. As long as we can convince ourselves that we can stop at any time, we never will take the steps needed to rid ourselves of the drugs that paralyze us into inaction.
Like I said in my earlier post above, at what point will we reach the point of no return? When will we stop bargaining with the batterer and fight back? The powers-that-be are the 1% who hold 90% of the wealth. I personally think it's not the 1% we are frightened of but the next 20% that support the 1% in power.
The political leaders at the federal, state and local levels, the military and the military industrial complex, the courts, police, national guard, the corporations that control our jobs, food and housing. Even the traders and investors on this blog have vested interests that might very well be damaged if we take down the powers that be.
We all complain about the self dealing and blatant conflicts of interest that so many leaders flaunt. Time to look at our own conflcits of interest, our own hidden agendas, our own enabling behaviours. We have been deep captured by the "system" and until we recognize this fact, we aren't going anywhere.
Like I said in my earlier post above, at what point will we reach the point of no return? When will we stop bargaining with the batterer and fight back? The powers-that-be are the 1% who hold 90% of the wealth. I personally think it's not the 1% we are frightened of but the next 20% that support the 1% in power.
Beautifully put, CD. I too have seen the problem and . . . it is us.
After a life time of conditioning that others are the problem, the vast majority do not have the courage to understand their own complicity. It's so much easier being the victim than a co-conspirator. Understanding this requires a complete reordering of your world view and few are willing to do the heavy lifting.
hallelujah....your sermon brings to mind krishnamurti:
"When the mind revolts within the pattern of society, such a revolt is like a mutiny in a prison, and it is merely another form of ambition. But when the mind understands this whole destructive process of the present society and steps out of it, then its action is not ambitious. Such action may create a new culture, a better social order, a different world, but the mind is not concerned with that creation. Its only concern is to discover what is true; and it is the movement of truth that creates a new world, not the mind which is in revolt against society."
(ed. note: "and steps out of it" is not the same as 'dropping out' & becoming a recluse. k was highly critical of such)
nice intro of his thoughts here for those interested:
http://www.youtube.com/watch?v=6mmv8t8aY2w
The Austro-Hungarian Empire was at one time multi-cultural, respected and solvent.
CD - Perhaps that is my "issue". I have spent my entire life doing the dirty work, making them wield their blade until it chips and shatters. I join you in hope & skepticism that there are very many around that will carry the fight forward from where I no longer can. Like I said in my 1,000 pound man analogy, WE are the codependents who have and continue to perpetuate this most unhealthy situation.
I can attest as only Miles Kendig can that once you realize that the very thin branch you thought you were clinging to is no longer there more often than not, you do not do the coyote. In fact support almost always seems to appear as if my some sort of magic.... Folks have to trust in something greater than themselves, be willing to lose it all including relationships and stand.
Hear-Hear Miles Kendig!!!
Please read this MK, i think Peggy Noonan is saying something important here, and it relates to what you are saying...
http://online.wsj.com/article/SB10001424052748703363704574503631430926354.html
agrotera, the beauty and the tragedy is that we can all relate to what being a slumdog is all about in some small way. It is how we move from that understanding that will or will not move the rudder.
Peace
BTW, one of the misses in Peggy's otherwise excellent attempt at the subject matter is that there are a number of people in government, just as in the private sector that are awake. I rather suspect that the ratio is a bit higher in uniform which makes for an interesting aspect in all of this. Unfortunately enough of them are either fearful of what they might lose or they are apathetic. These two traits are the essential building blocks of... if not outright slavery... then some sort of sick indentured servitude. A codependency that the monster cannot satisfy at either end. It is the process of the narrowing of this "dissatisfaction gap" that I think Peggy is taking note of. This dissatisfaction gap is approaching critical mass. The fact remains that the power behind societies nominees fully appreciate this fact which is why we are witnessing a clinging to and concentration of power through various means. Most notably through turning over what remains of real power to central banks and eviscerating the concepts of the rule of law and responsible self governance.
Enough for now.
I hope that she will see what you have written here MK and maybe she will join in the discussions here--her concern seems genuine.
Dear Marla and Tyler, please consider posting Ms. Noonan's op ed ...
agrotera, Peggy's concern most likely is quite genuine. The fact remains that many of the themes concerning the "myth of the nation" that she now questions are the very same themes she rode up to her current perch. The operative condition for more than 100 years has been that whenever someone gets tired of running on the treadmill there is always another slumdog to take their place. This is one of the key features that feed the cycle of codependency of the 1,000 pound men that I see as foundational to the situation we find ourselves mired in currently.
BTW, I would rather suspect that she is a lurker, taking the pulse of this segment of the populace..... There is no doubt that many of the themes that find their way to ZH have done so not only to take a temp check, but to provide one more acid test in a particularly challenging environment. She does have a some key elements there. Hence the reason why we getting pumped for "patriotism" if we do not chase the dragon of leadership class provided hopium.
i am really struck by your characterization of "codependency on 1000 pound men" --it is most excellent. And with codependency, awareness is a good start. And certainly, the zeitgeist of our nation is changing, with a greater awareness of our codependency, but is still is only a weak recognition. Someone said to me the other day that they really sense the massive fraud and corruption that seems to be in operation between Washington and Wallstreet, but then they said, "but why don't we hear more about it in Forbes or the WSJ". Like any paranoid, one can always find support for whatever their scheme is, so many of us can be written off as nutso, crazy, and sadly for us as a nation, without broad support from some of the MSM, our nation wont be cured of this codependence, and those of us who act as town criers are often written off.
MK, thank you for your wonderful insight which is a great gift to all of us! Your words are the perfect antidote to the trance-like state created by codependency!
agrotera, CD said it very well above and in some of his other recent observations. Here is the 1,000 pound man quote in context....
http://georgewashington2.blogspot.com/2009/10/too-big-to-fail-and-1000-p...
Thank you so very much for your kind observations. Again, engagement is like a journey. It begins with, is filled with and finishes with individual discreet steps. Each one is important to the creation of the whole tapestry that we find our lives and actions a part of.
All The Best