This page has been archived and commenting is disabled.

It's NOT Too Late To Call Your Senator And Demand a Thorough Fed Audit

George Washington's picture




 

Washington’s
Blog

Even though a deal was supposedly reached
yesterday for a watered-down version of a Fed audit, a source on the
Hill tells me:

Do not be deceived that this Senate
‘deal’ is done, though. The amendment has not passed, and I have heard
rumors that Geithner and Bernanke are still fighting this compromise
quietly behind the scenes. If it does pass, Fed transparency reformers
will be in a very strong position going into the conference committee,
which will merge the Senate and House bills.

In
addition, Ron Paul is urging
everyone to call your Senator and urge that they vote in favor of a full audit of the
Federal Reserve.

Indeed, Senator Sanders - who introduced the
weakened version of the bill yesterday - himself says
:

I support the legislation passed by the
House of Representatives under the leadership of Congressmen Ron Paul
and Alan Grayson.... My goal, as I conveyed to Congressmen Paul and
Grayson when we talked on Friday, is to do everything that I can to
pass this amendment in the Senate, and then to work with them for the
strongest possible language in the final bill.

We
can support Sanders, Paul and Grayson' effort to include strong
language in the final bill by pressuring the Senate for a full audit.
Indeed, if we don't keep the pressure on, Bernanke and Geithner will
make sure that the legislation is gutted entirely.

You can find your Senator's phone number here.

For background, see this and this.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 05/08/2010 - 20:12 | 338487 JimboJammer
JimboJammer's picture

Heaven  Help  Washington  D. C.  if  the  military  ever  shoots  guns

at   "  We  the  People "  ...  

Sat, 05/08/2010 - 19:00 | 338431 htp
htp's picture

The system is beyond repair at this point.

It's not a case where the issue at hand is murky and legitimate arguments can be made either way. It's crystal clear what the right thing is to do. If your political representatives need daily pressure from constituents to make a single moral decision, you know you are fighting a losing battle.

George Washington of all people should know asking freedom from your masters is futile.

Sat, 05/08/2010 - 16:48 | 338292 BigSkyBear
BigSkyBear's picture

RP once said to me on the election trail

 

"Americans don't understerstand...We have few choices:

 

A bad year or two or a bad decade..or worse...a lost Generation."

 

 

 

Whoops - too late.

 

Obamavision...someone turn it off please.

Sat, 05/08/2010 - 18:38 | 338392 DosZap
DosZap's picture

Is that like Telemundo!!!!!!!!!!!!!...or, how California died?.

Sat, 05/08/2010 - 15:49 | 338251 dumpster
dumpster's picture

never to late to call

just dont expect an answer lol

Sat, 05/08/2010 - 15:41 | 338245 pezhead
pezhead's picture

Unfortunately, I voted for Senator Hagan (D-NC) - I keep trying to rescind my vote - and they keep forwarding me to the DMV. I even received a letter from her:

"Dear Friend,
Thank you for your message expressing support for the Federal Reserve Sunshine Act. I appreciate hearing your thoughts on this important issue.
...blah blah blah...
As the Federal Reserve Sunshine Act is currently written, I am opposed to the legislation. Under common usage of the term audit -- an examination of accounts and records -- there is already a 100 percent audit of the Federal Reserve...The immediate and broad disclosure that S. 604 would require could disrupt the financial markets, and jeopardize our country's international finance relationships.
...blah blah blah...
Because of this, I do not believe the benefits of legislation like the Federal Reserve Sunshine Act outweigh the costs.
Again, thank you for contacting my office. It is truly an honor to represent North Carolina in the United States Senate, and I hope you will not hesitate to contact me in the future should you have any further questions or concerns

Sat, 05/08/2010 - 14:53 | 338191 JimboJammer
JimboJammer's picture

Thank  You  Geroge  Washington  ,,,,,   Like  the  Marines  say; " never  give  up  "   this  article  shows  that  one  man  can  make  a  differnce..

It  is  not  too  late  to  turn  this  around ,,,  We  owe  it  to  the  men  and  women  at  Arlington  Cemetary  to  clean  up  Washington  D.C.

Kick  out  the  ones  taking  bribes ....  from  the  President  on down.. !

Sat, 05/08/2010 - 12:27 | 337986 dumpster
dumpster's picture

its not a matter of if .. but when  .. the fat lady has sung .

 

the house of cards is on its last joker

Sat, 05/08/2010 - 11:25 | 337929 BlackBeard
BlackBeard's picture

Popular satellite radio/youtube news show naming names of corporatist senators.  Good to see other media outlets (albeit small) get the word out:

 

http://www.youtube.com/watch?v=d8-JXhzXdSU&playnext_from=TL&videos=6QrAduSFPRk&feature=sub

Sat, 05/08/2010 - 00:30 | 337688 Barry Freed
Barry Freed's picture

I would have preferred to see Sanders leave his amendment identical to the Paul/Grayson amendment to force Senators to publicly announce where they stand on FED transparency. 

Watering down the bill allows corrupt senators the fig leaf of legitimacy because they can voted for "reform" while not stepping on the toes of their Wall Street masters.

Sat, 05/08/2010 - 01:11 | 337712 i.knoknot
i.knoknot's picture

without "1 issue - 1 vote" it's impossible to know what your representative actually represents.

while i don't give up, i don't have a lot of hope for the system, only the general goodness people.

Sat, 05/08/2010 - 00:15 | 337680 anarkst
anarkst's picture

I know that here in California, my Senator represents my interests along with my nineteen million closest friends. 

Representative government is kind of a joke.

Sat, 05/08/2010 - 00:09 | 337675 dumpster
dumpster's picture

the fat lady has sung

calling a senator is futile.. we are way past that

  recourse now is to get some gold and silver . prepare for the derivatives monster to devour all currencies .

the hand wringing is on the wall the politicians are helpless, hapless and ignorant 

the euro currencies next USA , then the cando Swiss currencies .

new york , California , debt is crushing the life out of the Keynesian clap trap system .

Hope in one hand a load of manure in the other

 

 

 

Sat, 05/08/2010 - 18:35 | 338383 DosZap
DosZap's picture

dumpster,

I blame the Swiss for allowing themsleves to be strong armed.(the last bastion).

Since there has been a Switzerland, privacy (Big Brother), was at bay........

Now, no more.I agree with your assessment however, and after this weekend, I am as ready as I can get............

Sat, 05/08/2010 - 12:00 | 337952 Hulk
Hulk's picture

Time will be best spent this weekend at your favorite coin dealer. Stocking up the pantry not a bad idea either. Monday is going to be the most interesting day we have had in a year and a half.Magazines inserted and safeties, if ya got em, off...

Fri, 05/07/2010 - 21:28 | 337547 Cistercian
Cistercian's picture

 I live in NC.The only recourse I have is to use the ballot box...since both of my senators are completely owned by the banks.

 Despicable tools....

Sat, 05/08/2010 - 00:16 | 337681 earnyermoney
earnyermoney's picture

Call Burr's office to remind  him of his co-sponsor of S. 604. That is the original bill Senator Sanders introduced but died in Dodds comitee. Hagan is a lost cause. She's collecting favors for her former employer BofA.

Fri, 05/07/2010 - 22:04 | 337571 dumpster
dumpster's picture

and the ballot box owned by who  lol

Fri, 05/07/2010 - 21:25 | 337541 Nikki
Nikki's picture

I'd like to see an unemployed outsourced sap caddying for one of these banksters break a club and shove the shaft through their neck. Crazy, I know, Marla. How are we doing on prosecuting the GS, wamu, mozillo etc crowd so far ?. Zilch. Fucking Feds can't even see a RICO crime after all that testimony...

Fri, 05/07/2010 - 19:59 | 337469 Zé Cacetudo
Zé Cacetudo's picture

IMO it's not even worth the stamp, or the phone call, or the photons to send the e-mail. I contacted all 3 of my reps via phone & e-mail back in October 2009 when HR.1207 and S.604 (the original "audit the fed" bills) were up for discussion.

I heard nothing back from one senator (Boxer), the other (Feinstein) said, in effect, "thanks for your letter but I disagree," and the rep (Pelosi) said "Please be assured that I will keep your comments in mind should this bill come before the full House of Representatives."

So, in my opinion/experience, it's a total waste of time. These people have their staffers to acknowledge your existence - if you're lucky enough to get one on the phone - and they take their orders from those who provide the honorariums.

Sat, 05/08/2010 - 18:30 | 338374 DosZap
DosZap's picture

If you sent it, kudo's, however, to THOSE two.............you are correct, you wasted your time.

They are eyebrow deep in the system.........

Sat, 05/08/2010 - 13:18 | 338041 seventree
seventree's picture

I suspect any carefully worded letter I send would end up being quickly scanned by a junior staffer assigned to "crank mail" duty, who would then add 1 to the "for" or "against" column of whatever issue they imagined I was talking about.

Fri, 05/07/2010 - 20:17 | 337480 anony
anony's picture

I'm a bit of a masochist, so I'll do it. I do do it. Mostly to just piss them off, that I simply won't stop demanding it.

But I have no illusions. Like the illusion that CONgress would ever allow itself or the people to look at and open its nostrils to the smell the putrid stench emanating from the steaming cesspool that is the FED's assets and liabilities.

It's never a waste of time to continue the tradition of breaking with tradition. 

AT all costs the hallucination that is the global financial chaos, error, and fascistic deviation must be kept under a narrative cloak of that fictitious capital that has in turn been leveraged a trillion to one.

It is best to wallow in a cauldron of disinformation. A trillion people will be born, live and die and never have to witness the deplorable massacre of the children's future.

I have to go reset my biological clock.  

Fri, 05/07/2010 - 19:40 | 337433 dumpster
dumpster's picture

a person could call 5 times a day . every day. with the same results

some live in this world of make believe

what gets these peoples attention is a brown paper sack ,  full of the folding green .

the idea that this corruption has been going on so long. and they the politicians just make matters worse on purpose,

what will a friggen phone call do.

one phone call from their bankroll person gets some attention

most likely these politicians have seen the horsehead in the bed. ,, and are walking to the tune of their masters

Fri, 05/07/2010 - 19:39 | 337430 pigpen
pigpen's picture

The Senate had been set to vote on the Fed amendment late Thursday but Republicans requested a delay until at least Tuesday.

Senate Majority Whip Dick Durbin (D-Ill.) said Republicans wanted to make sure Sen. Bob Bennett (R-Utah), who has been campaigning in his state ahead of a nominating convention Saturday, wouldn't miss the vote. But a Republican leadership aide disputed Durbin, saying Sen. David Vitter (R-La.) wanted time to draw up an alternative to the new Sanders amendment, which some in the GOP viewed as "gutted."

The original Fed amendment had gained broad support in the Senate - and a version is included in the House legislation. But if it had survived the Senate intact, Obama might have been forced to veto the entire bill.

Fri, 05/07/2010 - 20:40 | 337500 ghostfaceinvestah
ghostfaceinvestah's picture

I would love to see that sad sack of shit veto a financial reform bill because of a Fed audit.  I would throw that in the face of every stupid Hopey support still left out there as plain evidence of what a corrupt criminal he is.

Sat, 05/08/2010 - 00:20 | 337683 earnyermoney
earnyermoney's picture

+13 Trillion

Fri, 05/07/2010 - 19:22 | 337408 Carl Marks
Carl Marks's picture

"Your Senators" are the same spineless ignoramuses who gave Hank Paulson a blank check and immunity from prosecution when he threatened them with tanks in the streets. The FED will threaten financial armageddon, and an end to Congressional pensions and franking privileges

Fri, 05/07/2010 - 19:08 | 337399 Rick64
Rick64's picture

This is the same congress that won't pass a bill that would outlaw them from trading on insider info.

The bill, which has been languishing in the House for four years, would require elected officials "to make their financial transactions public within 90 days of a purchase or sale" and "prohibit lawmakers from trading in financial markets based on nonpublic information they learn on the job," the WSJ reports.

It seems they're above the transparency they've been calling for on Wall Street.

This comes a day after the same newspaper reported several lawmakers profited by betting against the housing and stock market in 2008.  And some did it using derivatives they've recently been railing against.

Fri, 05/07/2010 - 18:47 | 337380 JW n FL
JW n FL's picture

No matter who you call... the fact remains that they (on average) collect 10 times more monies from the lobby's, special interest's and pac's that we the people pay them...

 

Click this link and see who owns your legislator(s)... http://www.opensecrets.org/

 

The really good news is, that your tax dollars are used for bailouts, which in turn the bailout funds are used to lobby against your better interests... I offer...

 

Really? The Banks are using profits to pay for their Lobby? not the 0% Fed Window?

http://www.wired.com/threatlevel/2009/08/bank-lobbyists/

**** "In the first three months of 2009, the financial sector spent $104.7 million to lobby Congress and the administration, down 8% from the same period last year" ****

http://online.wsj.com/article/SB124640640747376775.html

So that I am clear... 2008 was a vintage year for Banks? they made soooooooooooooooooooooo much money on 2008 that in the first 3 months of 2009... they could drop $104.7 MILLION DOLLARS?

http://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

 

THE TIDE IS NOT!!!! TURNING!!!!

 

THE SPIN MACHINE IS ON FULL BLAST!!!!!

 

THE LEGISLATIVE BRANCHES ARE ALL BOUGHT AND PAID FOR WHORES!!!!!!!

 

T.V. air time to keep the masses happy... The air time monies collected from the Lobby are more important than the very fews Votes Lost by those of us who know the truth. Sorry but its true.

 

God Bless us all! and Good Luck to you and yours!

Fri, 05/07/2010 - 18:31 | 337358 toathis
toathis's picture

Glad this audit will not happen, this means our economy can recover and not collapse into a bloody mess!

Fri, 05/07/2010 - 20:01 | 337445 dumpster
dumpster's picture

toathis .. what a piece of crap rational sounds much like a ten year old ,, wanting to have another cookie before being put to bed

they are not audited yet see what happens . or are you blind and deaf

 

the fed is going down along with the world wide money machine

Fri, 05/07/2010 - 18:42 | 337372 Thalamus
Thalamus's picture

It's not if but when...better sooner than later.

Fri, 05/07/2010 - 18:30 | 337357 moneymutt
moneymutt's picture

Thanks george, keep at it, you never know when success will come if you keep at it, but if you give up trying, you know there will be no success.

Fri, 05/07/2010 - 20:44 | 337504 George Washington
George Washington's picture

Yes, exactly ...

Fri, 05/07/2010 - 18:04 | 337309 DosZap
DosZap's picture

Did it two weeks ago Bro...............

Fri, 05/07/2010 - 18:18 | 337339 Rainman
Rainman's picture

Me too. WaPo says the Great One now has done the flip and endorses the Fed audit. That's a sign the fix is on. Rainman feels waterdown.  

Fri, 05/07/2010 - 17:44 | 337268 ZerOhead
ZerOhead's picture

G.W.

I've got to admit that I admire your stick-to-itness in the face of almost insurmountable odds... much like the original G.W. Keep rallying the troops my friend!

Do NOT follow this link or you will be banned from the site!