This page has been archived and commenting is disabled.
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.
»
- advertisements -
Saw Hopschotch last night Miles.
"My dog detests the smell of stupidity!"
Remember, Isoble's dog only bites those he dosn't like whereas I only bite those I like.....
MsCreant, one of the best things in the current circumstance is to get them to destroy their own home in their unmitigated rage to get you for speaking truth to power.
Remember, "First they ignore you, then they ridicule you, then they fight you, then you win." - Gandhi
I own everything you posted here. I think the "get into gold" mantra that we will see posted here may not be bad for some of the reasons you list. Folks depend on the "market" for their livelihood and do not feel pissed off enough, yet, to ditch it. If they ditched it, gold/pms would be the place to go.
I am personally:
Out of banking
Out of the markets
Out of debt
Into prepping (gold, garden, guns, grub)
Into sustainability
I have an annuity I would cash out in a second but I cannot get access to it until I lose my job. So my version of the dependency you describe is clinging to the job. I am painfully aware that, in a fractillian kind of way, my job is Ponzi. My university scams the state and the students and their parents. Blogs like this one have made me aware of how/why education costs are so bloated.
God the stories I could tell.
So the truth is, it is about getting healthy and getting real.
Speaking of getting real...Dude. Highschool education. Right. You are a bright, long winded airbag. Don't even try it. Academic. I spots what I gots.
Catch up with you later. This should be a good dialogue.
MsCreant, believe what you want (most people do) but all I have is a high school education supplemented by a large helping of life experience and self reflection. Along with a ridiculous Amazon.com purchase history the NSA still puzzles over.
If all it takes to become an academic is to be a bright, long winded airbag, I want the diploma and tenured paycheck that comes with it. :>)
I stand corrected. You would do fine as an academic. You chose not to. Cool. I think you know I meant no disrespect, but I'll write it out loud to cover the base.
I see my tenured paycheck as something that is appropriately endangered, as the tax base shrinks, so is does the space for what I do. I will use it for positive benefit for myself and others, while I can.
CD - As a GED at 15 guy I have to wonder... Just for you CD...
http://www.youtube.com/watch?v=k4PiVMasO6s
Miles,
Once again I'm either too slow to understand your comment or you're too cryptic. Or both.
Good Will Hunting is one of my all time favorite movies and I identify with Will because I've put roadblock after roadblock in front of me for decades. Will figured it our pretty early in life. I needed a lot longer.
Regardless I'm left trying to prove a negative. I am self educated. If that doesn't fit someone's view or opinion of me, they should examine why they have that view.
I will say this. If someone thinks something about me or my background, it's because of their preconceived notions, not what I've said about myself. I've found people will take at face value something they believe is correct, regardless of how outrageous it is. But if it doesn't fit their worldview, it is immediately challenged. That in my view is a double standard.
You can tell a lot about someone by how they fill in the blanks. Why is what I'm saying so unbelievable? Why does it even matter? Does it invalidate my views and opinions?
No X2. For a better perspective of my present view check my response to your alphabet soup response on Roubini.
I think you are saying that we should go to the gun shop, get rifles and start shooting those bastards. If everyone does it, it may not be a crime.
Only if your hero is Robespierre.
This really pisses me off
There is something fundamentally wrong with the way our government works when one person can kill a bill with over 300 co-sponsers and public support. This makes me sick!
I wonder what the payoff for this is?
It's time. Gordon's right. So is Mountainhawk The solutions are getting less orthodox
more nwo action.....remove your money from these vampire squid bankster marshes....close your credit accounts....
the fed is heavily involved in cia operations and will never ever be audited - a point i made when all of this giddy bullcrap about an audit surfaced....
told you so
having said that, here is a link with ideas on how to get this back on track
http://www.campaignforliberty.com/blog.php?view=27073
Thanks for the link.
Ok Guys....Here it is....
Get rid of the two party by advertising dollars lobbyist
system....to be replaced by the states only....per township....states vote by proxy via township via internet on how to spend tax dollars....
Simplify the tax system....
No personal income or corporate taxes....
10% Consumption tax state....
5% Consumption tax fed....
No other taxes....
Then the US can enter its New Renaissance....
From Congressperson Watt's website in regards to his House Financial Services Committee service:
My service on the Financial Services Committee has been especially important because the 12th Congressional District is home to more banking and financial interests than any congressional district in the United States except the New York district in which Wall Street is located. I use my position on the Committee to listen to and study the interests of financial institutions and the interests of my constituents (their customers and consumers) and to help craft the important legislative balance that must exist between these interests.
How interesting.....
I will write to my congressman who is a Democratic colleague of Watt and is also on the Financial Services Commitee. My critter is a cosponsor of the Paul bill and I will urge him to smackdown this crap by Mr. Watt.
I won't give up but I do hear what GG is saying....in my view, I will be surprised if we get a comprehensive audit of the Fed. In fact, the u.s.a has proven itself time and time again to not take action on domestic matters until a crisis point is reached....kinda like one year ago, we had a financial crisis. Now, one year later, nothing has been fixed, I would argue that it is even worse, yet we pretend to say that recovery is here, hip hip hooray.
talk about phucking stupidity.
bingo......he's bought and paid for.
Writing letters is nice, but not very effective.
This is the youtube generation. Produce a commercial if you can.
This youtube political commercial got 325,000 VIEWS IN 2 WEEKS. Very effective. I think MISTER WATT DESERVES HIS VERY OWN YOUTUBE COMMERCIAL.
http://www.youtube.com/watch?v=e_IAN081P8I
That commercial was produced by one person who believed in a cause.
http://wakingupnow.com/blog/how-to-begin
Not a bad idea...
I'm at a loss on this one : What exactly will an audit of an institution that everyone, with any sense of financial markets knows fully well, knows that the FED is operating in the Red by trillions, has no other choice, this audit is of a supposedly Private Banking cabal , is an arm of the nation, and is only going to damage all already shakey and dis credited institution? I can't believe TPTB didn't see this coming. The whole mess reads like an engineeered gig.
But who knows, maybe they really are that stupid... they bankrupted the most successful nation founded in the last 2000 years . Thats quite an M.O....
Well, that's the idea. We need to kill it. Also, we ABSOLUTELY need to know (and punish) who stole our money. People are literally DYING because of this massive amount of THEFT. We need to know who their murderers were and punish them accordingly. There is no other way.
More like Congressman 40 Watt. Thanks for your very dim contribution to transparency.
More like Congressman 40 Watt. Thanks for your very dim contribution to transparency.
If someone actually though this bill would make it through intact, then they're the most optimistic person(s) ever...
Mel Watt fax: 919-821-4778
During the bailout debate Sept of 08, I tried to e-mail Roskam and the system was jammed. My fax went right thru.
This is typical of how the slimy bastards operate. They're not going to let this one through easily - if at all. I hope I am wrong here but I get the feeling that it just might be too late - the coup has already occurred - there is nothing left to save.
Look again. Inflation will not only eclipse their own fortunes but make their wealth disappear entirely. The common folks can open up Credit Unions owned/operated by themselves, boycott banks, and create a trade without the need of government and central bankers. Don't think it won't happen.
LiquidBrick,
I agree that opening a credit union for the people and by the people makes sense. But as long as the Federal Reserve has total control over the nations money supply, the credit union you open would still use fiat currency controlled by others.
More importantly, your credit union would be subject to the laws and regs of government (on both state and federal level) that clearly has been deep captured and controlled by the financial power brokers.
Make no mistake about it, do not travel down the road of wishful thinking, the powers that be will cause laws to be passed to outlaw competing entities, particulalry those that empower the people to take matters into their own hands.
I'm not saying there is no hope, only that more drastic steps need to be taken. We can't avoid the cancer anymore. It must be cut out. There is no bargaining on this matter. The powers that be are clear in their goals. We must be as well.
Looks smart to me.
I'm wondering if this is why Barney Frank sat his fat ass on the bill for so long--so he could find someone to nerf it before it went to the floor.
Did Watt get paid 30 pieces of silver, or was he rewarded with GS stock?
People were extremely angry in America until "change" was promised and "yes we can" reverberated around the rooms. People allowed themselves to be seduced into thinking, praying, hoping that this time things would be different. So we set aside our anger and belligerence and tried one more time, hoping that this time things would truly be different.
What did we get? How has that worked out?
This time people were angry with the Fed and the banksters. Pitchforks were being sharpened and torches cleaned and fueled. Along came Ron Paul with his audit the Fed bill and majority sponsership in the House and people began to calm down. We began to hope, to pray and maybe even believe that finally headway would be made against the thieves and liars. That we could get a peek inside the Ponzi and begin the dismantling process
And then along comes Congressman Watt. If it wasn't him, it would have been something else. It will always be something else.
Folks, we're being played big time. A year ago the banks claimed they needed free money or the world would end. Less than 12 months later near record bonuses are about to be handed out, have already been handed out. I could go on but you know the drill. When are we going to step out of our denial and come to grips with the reality that's all around us and clear to see for anyone willing to look.
We act like a battered wife who begs her husband to stop beating her and the kids. She wants so desperately for her husband to stop that she'll believe anything he tells her if only he says it with enough sincerity and a few tears.
She feels trapped in her miserable existence with no where to go and no money even if she could/would leave. While it's clear to you and I that she must leave and leave now, she's unwilling to do what obviously must be done.
If only he would change, she thinks, things would be better. You and I know he will never change. But it's so much easier for her to kick the can down the road than to confront the issue head on. Besides, if she does confront him, he might get violent and we don't want that, do we? A raised hand is all it takes to keep her in line. She's learned her lesson well after the first few beat downs.
At what point will we stand up and say no more. How many more banksters and corporate heads will take obscene pay packages before you say enough is enough? How many million more of your fellow citizens will lose their jobs, how many already jobless workers will fall off the unemployment rolls before you say no more?
How long will we continue to hope and pray and plead with the powers that be to change their ways before we recognize that we're simply enabling them to continue to beat the shit out of us and it's time to take a stand? Give me a number, a point in time, an event that is quantifiable. Tell me what you last straw is so we can begin to get ready for the straw to be broken.
America Under the Talmud: Will It Work for US?
http://www.come-and-hear.com/editor/index.html
I would say that this winter after a dismal holiday season and 30% unemployment sets in that will be the beginning. Fuel is on the way up, food prices (and perhaps shortages) are being squeezed and the next wave of foreclosures are about to hit. Either the sheep will be sheered or I hope they have stocked up on bullets, beans and band aids.
From the "Undefeated" Windage and elevation, Mrs. Langsdon, windage and elevation.
Alex Jones has a new film that is quite good... no armidilo hat needed.
http://www.youtube.com/watch?v=VebOTc-7shU
excellent video!!!!!!!!!!
Well said CD.
Is there another way to contact him? Email gets rejected unless you have zip code + 4 in his district.
Look at the reps that vote nay in your state ,call them..4
I live in his district and this just hits a little to close to home.
I will be sending him an email from a very unhappy voter from his district.
All of the co-sponsors of HR 1207 can be found here: http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/
If you live in the district of any of these Congressmen and women, contact them by email/telephone/fax. Tell your colleagues - tell your friends. If enough of us get to the co-sponsors, perhaps we can "un-gut" the Bill.
Use his charlotte zip code-------28208-5214
This is going to get passed around the C4L nationwide along with the Tea Party
Another CRAP sandwich congress person..
that's a trick almost all of them use to discourage extra-constituent contact.
the workaround is their fundraising site, as in: http://www.wattforcongress.com/contactus.html
that will get your email through.
here's my message:
you are a ho for the banking interests who control the fed and the gov. gutting the bill to get us an honest audit of the fed, making it meaningless, is a despicably venal act of a little crook on his knees to the big crooks. you and your fellow special interest sellouts should be prosecuted for willfully aiding and abetting criminal fraud. and more and more people are coming to understand that.
calltoaccount: "you and your fellow special interest sellouts should be prosecuted for willfully aiding and abetting criminal fraud. and more and more people are coming to understand that."
Make that "will be prosecuted". This thing ain't over yet, we haven't lost.
Thanks for the link-around. Here's my message to Watts:
Gone are the days when the weasels in DC could undermine the will of the American people in anonymity. Just so you know, the American public is aware of your treason.
"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", according to Ron Paul.
"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." It's disgusting that you are willing to whore yourself to protect special interests at the expense of our country's sovereignty.
A pox on you & yours.
Unless you convince people in his district to contact him, he doesn't give a shit. You can't vote against him, so you don't exist.
Watt WILL NOT be voted out of office regardless of who contacts him from the district... a black representative in a racially gerrymandered district will not be voted out by a constitutency that is ignorant regarding what the Fed is/should be/and what they're doing.
We Americans just got fucked, proper.
here is another word for this: treason.
thirded
Word.