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House Passes Bill to Audit the Fed

George Washington's picture




 

I have just received confirmation from a very credible Congressional
source that the bill to audit the Federal Reserve is included in the
House financial reform legislation which passed today. My source says:

The Fed audit provision which passed the Financial Services Committee a few weeks ago is part of the bill. This
is a real milestone, as it means that the full House of Representatives
has passed a bill that mandates a complete audit of the Fed.

 

The effort to audit the Fed - supported by 79% of the American people - is gaining traction.

Call your Senator and demand that the Senate approve the bill to audit the Fed.

 

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Mon, 02/01/2010 - 07:17 | 213092 Anonymous
Anonymous's picture

I guess that people should sit relaxed, just because the writing services would help to write the classification essay of perfect quality.

Sun, 12/13/2009 - 23:50 | 162765 Anonymous
Anonymous's picture

The government will roll out the Roswell aliens before they allow anyone to audit the Fed.

Sun, 12/13/2009 - 13:19 | 162013 Ned Zeppelin
Ned Zeppelin's picture

Madness:

please - this is child's play.  In the murky twilight of holiday distractions, the bill will go to conference, Fed portion disembowled Braveheart style, after pretend battle and hard fought compromise, passed in name only. Then they will credibly be able to say "reform delivered, party's over, go away." If anything, "reform" will be rendered even more irrelevant and useless in the process.  Paul knows this.

add to that the $2 trillion raising of the debt ceiling buried in a bill to fund the troops,  and u have completed a well timed Xmas present to our elitist rulers.  Merry Christmas.

Sun, 12/13/2009 - 10:24 | 161867 AnonymousMonetarist
AnonymousMonetarist's picture

Yes Virginia there is no collateral.

Sun, 12/13/2009 - 04:41 | 161812 Fat Bob
Fat Bob's picture

This is nearly as HuGE as my Phat AsS, but we're only 1/3 of the way there and we all lnow where Oslama stands on it

Sun, 12/13/2009 - 01:32 | 161741 HooFlungPoo
HooFlungPoo's picture

Nothing of much truth will come of any audit.  It has been talked about for enough time for the rats to run around eating up all the poo they can find and shitting out roses.  At least there is some response to popular demand and some rousing of the masses. Still...

Something stinks...HooFlungPoo

Sun, 12/13/2009 - 14:08 | 162078 dark pools of soros
dark pools of soros's picture

didnt they destroy building 7 for just this purpose??

Sun, 12/13/2009 - 01:13 | 161720 Anonymous
Anonymous's picture

Hurray for Dr. Paul! But I wonder if they are ever going to stop the looting and start the prosecuting?! I heard that back in the 1980's literally a thousand banking crooks went to jail. Ok now we've had two: Stanford and Madoff. What about the other 998?

Sun, 12/13/2009 - 00:20 | 161697 Anonymous
Anonymous's picture

They will probably resurect Arthur Anderson to do the audits. Nothing matters until it matters but when it matters it really matters.

Sun, 12/13/2009 - 14:06 | 162077 dark pools of soros
dark pools of soros's picture

+100.8

 

the .8 is to assure skeptics how accurate we are

Sat, 12/12/2009 - 14:28 | 161273 Ripped Chunk
Ripped Chunk's picture

When will the audit be???  The problem with auditing a secretive entity like the Fed is that they will have months to hide the really bad scary stuff.

Sat, 12/12/2009 - 12:21 | 161167 10044
10044's picture

it WILL pass in the senate, becuase it is in conjunction with all the crap socialist welfare Democrats want to keep the poor shut up by giving them worthless toilet paper ( Federal Reserve Notes)

nonetheless, CONGRATS TO US FIGHTERS ALL FOR SEEING THIS BILL PASSED.

Sat, 12/12/2009 - 11:12 | 161129 Anonymous
Anonymous's picture

VOTE any senator that does not support the strong wishes of the people OUT! Stop the theft and corruption!

Pull your money from all big banks and send a message to these crooks! We must act collectively, because our government is captured by Wall Street.

Its the only power we have left.

Sat, 12/12/2009 - 11:10 | 161127 Anonymous
Anonymous's picture

I was an Obama supporter, but after reading the Taibbi article, I am so disgusted. Obama is doing the exact opposite of what he promised the Amerian people!

LET THE BANKS FALL---We dont care!

LET THESE CRIMINALS PAY for their actions--stop dumping it on the American people and trashing our dollar and hard earned savings.

You will all be voted out as soon as we can do it.

Sat, 12/12/2009 - 09:46 | 161089 Anonymous
Anonymous's picture

but the Fed has a secret weapon called the Media

To Wit; this clip from NBC Nightly News with Brian Williams

http://www.eyeblast.tv/public/eyeblast.swf?v=GdaGqGprVr&c1=0x8CA2B9&c2=0...

Sat, 12/12/2009 - 07:50 | 161067 Anonymous
Anonymous's picture

Is it just me, or did the tide just shift a little? As Matt Taibbi mentions in his video regarding his latest article - his article was almost ruined when a few members of the House actually did some stuff. You can tell in his article that he quickly added the last page.

So, the Congressional critters are getting ready for the holidays and some "Christmas Tree Bills" perhaps?

Sat, 12/12/2009 - 07:31 | 161062 Anonymous
Anonymous's picture

Enjoy the $rally while it lasts, welcome the Y -shaped recovery

Sat, 12/12/2009 - 03:13 | 161015 Anonymous
Anonymous's picture

.

FUCK YOU I WON'T DO WHAT YOU TELL ME!!!!

http://www.youtube.com/watch?v=8de2W3rtZsA

.

Sat, 12/12/2009 - 02:34 | 161007 Anonymous
Anonymous's picture

barbara's down
Thank you for contacting me to request my support for S.604, the Federal Reserve Sunshine Act of 2009.

I hope you will be happy to know that because I share your support for this measure, I have signed on as a cosponsor.

Because California is such a large and diverse state, it is especially important to know the concerns of my constituents. Please be assured that your opinions have been recorded, and that I will certainly do all I can to move this issue forward in the coming months.

For additional information about my activities in the U.S. Senate, please visit my website, http://boxer.senate.gov. From this site, you can access statements and press releases that I have issued about current events and pending legislation, request copies of legislation and government reports, and receive detailed information about the many services that I am privileged to provide for my constituents. You may also wish to visit http://thomas.loc.gov to track current and past legislation.

Again, thank you for taking the time to share your thoughts with me.

Barbara Boxer
United States Senator

Sat, 12/12/2009 - 02:07 | 161000 Anonymous
Anonymous's picture

This is priceless! SNL skit of Obama vs. Hu Jintao

http://www.nbc.com/saturday-night-live/video/clips/china-cold-open/11784...

Sat, 12/12/2009 - 01:00 | 160984 Dburn
Dburn's picture

It will die in the Senate. No chance at all this will pass. Anything that would reveal what has been going on for the last year is DOA. The Senate is even more crooked than the house if that is possible. I guess less members mean much more money to split. I hate this shit. The Dems have shown little enthusiasm and the GOP just doesn't want to do anything that could possibly make Obama look like he's doing something. They don't have they have never had the capacity to separate politics for the good of the country. The Dems are also looking more like them. They are more like a shiv in the back instead of straight forward back alley beating. 


No chance that the limousine liberals are going to let this through. Total Opposite of the House.

Sat, 12/12/2009 - 11:06 | 161124 Anonymous
Anonymous's picture

I have heard any audit won't get approved for years. The FED knows if they are fully-audited, their criminality will be exposed for all to see, and the whole corrupt house of manipulated cards comes down.

I would love to see it happen, because the longer we allow them to cloak their corruption in secrecy, the longer we are ROBBED.

CALL YOUR SENATORS---Demand they vote for this audit or they will be voted OUT!

Sat, 12/12/2009 - 00:08 | 160950 awgee
awgee's picture

Good first step.

Fri, 12/11/2009 - 23:52 | 160940 zhandax
zhandax's picture

Its the DC way.  The easiest way to bury something the people want is to hide it in the stinkiest pile of horeshit around.

Fri, 12/11/2009 - 23:02 | 160902 Anonymous
Anonymous's picture

the senate will be an uphill battle....even if a miracle occurred and it passed, i can assure you that rockefeller waterboy barry soetoro will veto it....

Fri, 12/11/2009 - 22:08 | 160856 Anonymous
Anonymous's picture

What does it say though, that Dr. Paul voted against a bill which had his own legislation as an amendment?

What new devilry this way comes?

Fri, 12/11/2009 - 21:25 | 160819 colonial
colonial's picture

The House financial services package is a lousy bill.  The audit the fed provision will not survive the Senate. 

If there were any real interest in the "audit the fed" movement, it would require extensive hearings.  Beyond simply auditing the Fed, the larger issue is to broach the subject of Fed oversight as this concept is broader and indicative of legitimate interest. 

Sat, 12/12/2009 - 08:08 | 161071 moneymutt
moneymutt's picture

While I share your cynicism, I do not think the realistically tough odds of getting this thru the Senate and conference committee intact should stop us from trying, working it...and you never know, some damning info or scandal could happen between now and final Senate action on bill that forces their hand. A pup can hope.

If you look at history in this country, there have been times when populist pressure overcame horrible corruption and concentrated power/wealth and the tireless efforts of those in the face such strong parasites have left our country much better off than it would have been. Remains to be seen if now is one of those times.

I do think we should be realistically guarded and prepared about the difficulties, but we should not stop pushing.

Two years ago, who would have thought Ron Paul would have gotten this far on this issue. While his previous efforts were largely ineffective at the time, they were not wasted.

Sat, 12/12/2009 - 01:03 | 160985 Dburn
Dburn's picture

I agree Colonial. The vote would have had to been veto proof too.

As long as Geithner and Summers are in there , this would never survive a veto pen.
This was a feel good vote. The bill itself sucks too. I understand why Paul was forced into voting against it. No regulation of deritives. Virtually no corrective actions for what started all this.

Fri, 12/11/2009 - 20:51 | 160769 Cistercian
Cistercian's picture

 I contacted one of my Senators.Maybe you too have heard of Kay Hagan.I got a canned extra smarmy/patronizing response.She is firmly in the enemy camp.A totally worthless captured joke.

Sat, 12/12/2009 - 11:07 | 161126 Anonymous
Anonymous's picture

The bitch will be VOTED OUT ASAP. She will be reminded who she works for.

Sun, 12/13/2009 - 00:22 | 161698 earnyermoney
earnyermoney's picture

not till 2014. She was interviewed by local radio in Raleigh on Friday and she said she had failed to "take a position" on S. 604. Absolute lie, she's taken a position, on her back ...

Sun, 12/13/2009 - 12:40 | 161963 Ned Zeppelin
Ned Zeppelin's picture

Actually she is on all fours canine-style for full access to all apertures . . .

Fri, 12/11/2009 - 23:01 | 160901 Anonymous
Anonymous's picture

she's a cheap whore....and that's stating the
case politely.

Sat, 12/12/2009 - 11:48 | 161149 percolator
percolator's picture

Please do not insult whores by associating them with corrupt politicians.

Sun, 12/13/2009 - 21:33 | 162643 tomdub_1024
tomdub_1024's picture

+1...

Sat, 12/12/2009 - 06:57 | 161058 Andrei Vyshinsky
Andrei Vyshinsky's picture

There isn't one there that isn't a whore, sir. We've a government of whores. They are trash, absolute trash, all fifty states worth. And they are likely to put a stop to any serious attempt to put the breaks on their personal scams.

One day the people will have something quite decisive to say to these eels with the "botox and the shiney white teeth", as someone above put it, and it won't be through a legislative proposal. But don't count on the Fed being audited any time soon. They'd call out the military to suppress something like that.

Fri, 12/11/2009 - 20:49 | 160766 Anonymous
Anonymous's picture

Do you think that we will get real numbers from the audit?

Or will the Fed adjust them first?

Fri, 12/11/2009 - 20:49 | 160764 Anonymous
Anonymous's picture

The Federal Reserve is an anti-democratic anachronism that needs to be reined in.

The Feds ability to harness full faith and credit of the U.S. government is a priviledge, not the right of the few self-appointed pompous asses that continually talk down to the American people.

If they truly new anything helpful and of substance we would not be in the mess we are in.

They are only trying to cover their sorry butts.

Let's work hard on getting legislation passed to bring the light of day to the dark crevasses of this ongoing financial trickery.

Fri, 12/11/2009 - 20:28 | 160739 Anonymous
Anonymous's picture

Bernie Sanders will champion it of course!

Fri, 12/11/2009 - 19:56 | 160718 George Washington
George Washington's picture

I just added this to the post:

 My source says:

The Fed audit provision which passed the Financial Services Committee a few weeks ago is part of the bill. This is a real milestone, as it means that the full House of Representatives has passed a bill that mandates a complete audit of the Fed.

 

 

Fri, 12/11/2009 - 20:51 | 160771 Cursive
Cursive's picture

Let's enjoy this little victory this weekend and then get back to it on Monday!

Fri, 12/11/2009 - 20:51 | 160770 El Hosel
El Hosel's picture

"the full House of Representatives has passed a bill that mandates a complete audit of the Fed."

 

Mandates complete audit. He said. 

Fri, 12/11/2009 - 19:55 | 160717 Chopshop
Chopshop's picture

CONGRATULATIONS !!! 

 

which foot do you have left now ??

must be the left cause retail sure as $#!+ ain't right on this one.

all joking aside: what does it look like from that side of the Rubicon ??

Fri, 12/11/2009 - 19:53 | 160714 damage
damage's picture

But did they water it down?

Fri, 12/11/2009 - 20:04 | 160728 Atoyota
Atoyota's picture

precisely my question

Fri, 12/11/2009 - 20:35 | 160752 ghostfaceinvestah
ghostfaceinvestah's picture

nope, it was as Ron Paul wrote it.

Fri, 12/11/2009 - 19:33 | 160698 nicholsong
nicholsong's picture

Hurrah and Huzzah! 

But it's just round 1.

"There's something afoot in the wind!"

Fri, 12/11/2009 - 19:32 | 160696 Cursive
Cursive's picture

Will do.  I was on the phone with Vitter's office this afternoon telling them that I wanted him to oppose the reconfirmation of Mr. Bernanke on Dec. 17th.  His office personnel stated that she didn't know how Sen. Vitter proposed to vote.  Anyone who hasn't called their senators and representatives should do so, and repeatedly if possible.

Fri, 12/11/2009 - 19:31 | 160695 Rainman
Rainman's picture

Who in the Senate will champion this bill ??

I suspect it ain't gonna' be Reid, Boxer or Feinstein...!! Banksters definetely don't want this done. It's a guided missle pointed right at THEM !!  

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