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Senate Support For "Audit The Fed" At 25 Co-Sponsors

Tyler Durden's picture




With HR 1207 passage now guaranteed in the House, it is time to focus attention on the Senate. As of last count, there were 25 co-sponsors for Sen. Bernie Sanders' S 604 Bill: "The Federal Reserve Sunshine Act of 2009."

Below is the list of the 25 who have so far voiced with two third of the American people. As of now, there are still 75 who are siding on behalf of Wall Street.

The 25 co-sponsors, 19 republicans and 6 democrats:

John Barrasso [R-WY]

Robert Bennett [R-UT]

Samuel Brownback [R-KS]

Richard Burr [R-NC]

Benjamin Cardin [D-MD]

Saxby Chambliss [R-GA]

Thomas Coburn [R-OK]

John Cornyn [R-TX]

Michael Crapo [R-ID]

Jim DeMint [R-SC]

Byron Dorgan [D-ND]

Russell Feingold [D-WI]

Lindsey Graham [R-SC]

Charles Grassley [R-IA]

Thomas Harkin [D-IA]

Orrin Hatch [R-UT]

Kay Hutchison [R-TX]

James Inhofe [R-OK]

John Isakson [R-GA]

Blanche Lincoln [D-AR]

John McCain [R-AZ]

Lisa Murkowski [R-AK]

James Risch [R-ID]

David Vitter [R-LA]

Jim Webb [D-VA]




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Wed, 09/16/2009 - 16:59 | Link to Comment Mos
Mos's picture

List of 75 will be a good place to start when shit hits the fan and the people demand justice.

Wed, 09/16/2009 - 17:17 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

"I would like to know why I did not see the Senator's name on Senator Sanders' list of sponsors to the Federal Reserve Sunshine Act auditing the Fed.  As I'm sure the Senator is well aware, a large majority of Americans are clamoring for visibility into what the Federal Reserve is doing as steward of their currency and I'm sure the Senator is sensitive to the overwhelming desires of his/her constituency, especially as we enter the new election cycle.  As this was surely no more than an oversight the Senator will want to correct, I look forward to checking back and seeing your name properly on the list.  Thank you and have a good day."

 

Blow it up, peeps.  To the ramparts we go.

Wed, 09/16/2009 - 17:25 | Link to Comment Commander Cody
Commander Cody's picture

Thanks for the cut and paste.  Message away.

Wed, 09/16/2009 - 18:12 | Link to Comment Veteran
Veteran's picture

Second.  Although I've emailed those brainless morans (CA) about this several times and have a growing number of form emails in my inbox.  Your message is much less profane than mine

Thu, 09/17/2009 - 08:43 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:09 | Link to Comment E Thomas St.
E Thomas St.'s picture

Work those phones, send those emails. You won't find out if we can get to 67 if you don't put in the effort.

Wed, 09/16/2009 - 17:43 | Link to Comment luster
luster's picture

Done and done.

Wed, 09/16/2009 - 17:11 | Link to Comment deadhead
deadhead's picture

Sens. Schumer and Gillibrand:

As a New York resident, I assure you that I and those that I influence are looking for you to cosponsor this legislation and pass it.

 

Wed, 09/16/2009 - 17:39 | Link to Comment Grifter
Grifter's picture

+1 (Rochester)

Wed, 09/16/2009 - 18:57 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:15 | Link to Comment . . .
. . .'s picture

Call the 75 pro-wall street Senators, and tell them you'll contribute money to their opponents in their next election unless they co-sponsor the bill to audit the Fed.

Contribute money to those in the 25 pro-audit Senators that need re-election funds, like Feingold-D and Vitter-R.

Wed, 09/16/2009 - 17:20 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

Cross referencing those on the supporting list with Senators up for reelection would be illuminating.  What's THAT correlation (I say high).  The safe ones vote against, those in the races vote yes.  Net effect: no passage.

Wed, 09/16/2009 - 17:26 | Link to Comment Gilgamesh
Gilgamesh's picture

If anyone here contributes one penny to Feingold, I will hunt them down and will be carrying a rubber band and gloves.

Wed, 09/16/2009 - 17:29 | Link to Comment . . .
. . .'s picture

Who cares if Feingold is a democrat?  He is anti-bankster.

Wed, 09/16/2009 - 17:32 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

Don't fall for The Big Lie: The Parties.  Neither party gives a damn about YOU, only your vote (if it's even necessary) and both are the enemy unless proven differently.

The enemy of my enemy is my ally and my enemy is the bankster.

Hell, I'd vote for a three-legged goat if it'd sponsor Bernie's bill.

Wed, 09/16/2009 - 17:40 | Link to Comment Philologus TaXitus
Philologus TaXitus's picture

You can find numbers to support your claim by looking at Wall Street lobbying.  nearly 50/50 between the parties.  Divide and conquer.

Wed, 09/16/2009 - 17:40 | Link to Comment Philologus TaXitus
Philologus TaXitus's picture

You can find numbers to support your claim by looking at Wall Street lobbying.  nearly 50/50 between the parties.  Divide and conquer.

Wed, 09/16/2009 - 18:37 | Link to Comment logistics (not verified)
Wed, 09/16/2009 - 17:38 | Link to Comment Gilgamesh
Gilgamesh's picture

His party matters nill to me.  His past actions do.  Contacting him about the bill is something I will do and encourage everyone to do the same.  Giving him money, on the other hand...

Wed, 09/16/2009 - 17:46 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

I didn't say you have to invite the enemy home for supper, just fight alongside a while.

Thu, 09/17/2009 - 16:48 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:20 | Link to Comment Silver Bullet
Silver Bullet's picture

Mark my words, Max Bacaus will crush this bill into oblivion.

Wed, 09/16/2009 - 17:28 | Link to Comment . . .
. . .'s picture

A big threat of leadership is to run a well-financed challenger against rank and file members.  However, if we anti-banksters contribute money to politicians fighting to audit the fed and stop handouts to banksters, the congressional leadership loses that threat.  And the rank and file can stand up to Baucus, Pelosi, Dodd, and other "leaders" of Congress.

Wed, 09/16/2009 - 20:28 | Link to Comment Anonymous
Wed, 09/16/2009 - 23:07 | Link to Comment keehotee
keehotee's picture

Clearly you have been drinking yourself.

Wed, 09/16/2009 - 23:46 | Link to Comment Silver Bullet
Silver Bullet's picture

I'm drinking, but I still stand by my claim.

Baucus will crush this bill or render it meaningless.

Wed, 09/16/2009 - 17:30 | Link to Comment phaesed
phaesed's picture

Just sent mail to Kyl of Az to join McCain

Thu, 09/17/2009 - 03:54 | Link to Comment Seraph
Seraph's picture

Likewise. Thank you.

Wed, 09/16/2009 - 17:33 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

At least we know who will hold on to their Senate seats.

Wed, 09/16/2009 - 17:54 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:35 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

My question is where's Dick 'The Bankers own this place' Durbin on the list?  You Illinois boys know anything about this?

Wed, 09/16/2009 - 17:56 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:59 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:36 | Link to Comment AR
AR's picture

TYLER  /  Is it possible for ZH to put together another "Vote Yes" petition campaign to send to the 75 Senators who have yet to vote for S.604 Sunshine Bill???  Clearly, this is as important as the deficit ceiling campaign.  Thank you...

Thu, 09/17/2009 - 01:43 | Link to Comment agrotera
agrotera's picture

Hear-hear  AR!!!!!

And Tyler, please make it a "lets get the 2/3" or whatever it takes to prevent the presidential veto....

like AR said, "Clearly, this is as important as the deficit ceiling campaign"...and thank you!!!

Wed, 09/16/2009 - 17:42 | Link to Comment Anonymous
Wed, 09/16/2009 - 23:56 | Link to Comment Stuart
Stuart's picture

Done!

Wed, 09/16/2009 - 17:53 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:08 | Link to Comment Careless Whisper
Careless Whisper's picture

Problem is only 33 1/3 Senators up for election next year.

 

Thu, 09/17/2009 - 01:46 | Link to Comment agrotera
agrotera's picture

...that number is a lucky one!

Wed, 09/16/2009 - 18:09 | Link to Comment What_Me_Worry
What_Me_Worry's picture

They shouldn't even designate them as Democrat or Republican anymore.

They should be designated as to whether they are taking Wall Street/Fed bribes or not.

End Wall Street lobbying now!  Audit the Fed now!

Of course, my senators will be nowhere near that list.  They are both bought and paid for.

Wed, 09/16/2009 - 18:13 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture
Email I'm sending out to my personal peeps: Alright, Americans, this just in: Rebel Leader Ron Paul, (R-TX), announced today the 290th sponsor has been secured for HR 1207, the 1-page bill  allowing the Government Accounting Office to audit the Fed and see just where all our money's gone this last year (and which, according to Congressional testimony, Ben Bernanke just can't seem to recall).  290 sponsors is HUGE because 290 votes is a VETO PROOF BILL!   Here's what Rebel Leader Alan Grayson, (D-FL), has to say about the Fed, HR 1207 and Chairman Bernanke's 'bad' memory.   Finally, over in the Senate, Rebel Leader Bernie Sanders, (I-VT), now has a list of 25 co-sponsors for the Federal Reserve Sunshine Act of 2009, the senate's bill to audit the Fed. Just 42 more senators and the Fed will have to tell the American people who's been charging up the country's credit card all over town (and around the world) and it CANNOT BE VETOED.  But Bernie needs your help!   Phone, fax, email, snail mail or carrier pigeon your Senator as to why, despite overwhelming support by the American people, the Senator's name does not appear on the list of 25 co-sponsors of The Sunshine Act.  Something like, "I would like to know why I did not see the Senator's name on Senator Sanders' list of sponsors to the Federal Reserve Sunshine Act auditing the Fed.  As I'm sure the Senator is well aware, a large majority of Americans are clamoring for visibility into what the Federal Reserve is doing as steward of the nation's currency and I'm sure the Senator is sensitive to the overwhelming desires of his/her constituency, especially as we enter the new election cycle.  As this was surely no more than an oversight the Senator will no doubt want to correct, I look forward to checking back and seeing the Senator's name properly affixed to the list.  Thank you and have a good day."   Blow it up, peeps.  To the ramparts we go.  Blow up the Imperial FedStar.   Take It Back THE AMERICAN PARTY America for Americans
Thu, 09/17/2009 - 01:49 | Link to Comment agrotera
agrotera's picture

I love Mr. Anonymous!

Thu, 09/17/2009 - 08:49 | Link to Comment mikeyv1970
mikeyv1970's picture

Mr. Anon,  done.  Discovered that my state none of the Senators were on the list of 25.  Both got e-mails and soon...hard copies from my wife and I of our displeasure in their lack of support for this bill. -Michael

Wed, 09/16/2009 - 18:14 | Link to Comment Ned Zeppelin
Ned Zeppelin's picture

Email your senator.  The Senate is where they intend this bill to be killed, maimed or horribly disfigured.  At least you can say you tried.

Wed, 09/16/2009 - 18:48 | Link to Comment deadhead
deadhead's picture

Ned's right.

I emailed Schumer and Gillibrand.

Took about 15 seconds.

link to senate emails on top of the thread everybody.

 

 

Wed, 09/16/2009 - 18:28 | Link to Comment Anonymous
Wed, 09/16/2009 - 20:00 | Link to Comment deadhead
deadhead's picture

"...providing for a full audit of the Federal Reserve system"

well, there we go.  Thank you Senator Gillibrand from another New York resident.

Wed, 09/16/2009 - 22:01 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

For fuck's sake, Deadhead, this is a classic shine on.

I: Identify with the victim's pain: I share your belief that the extraordinary actions by the Federal Reserve merit additional scrutiny.

II:Minimize: Currently, the only part of the Federal Reserve which is not regularly investigated by the Government Accountability Office is its monetary functions.

III Sell Point: I believe it is critically important we continue to empower the Federal Reserve to prevent inflation while at the same time providing for a full audit of the Federal Reserve system.

IV Thank You Close: Thank you for expressing your concerns and I hope you keep in touch.

Jesus, it sounds like it was written by some junior nabob in the GoldmanSachs PR department.

Wed, 09/16/2009 - 22:31 | Link to Comment deadhead
deadhead's picture

I understand your point about responses from politicians. in this case, I thought she was much more detailed than the typical response, such as the "classic shine on" paradigm you discuss.  anecdotally, schumer's automated email response to my note to him this evening fits your model.

Up until I read her response, I did not know her position (she is new in NY). She stated that she supports the audit of the Fed and she is now on record for that.  I said thank you.

The comparison to a junior nabob from wherever is weak sauce on your part due to her unambiguous statement.  At this point in the legislative game where S 604 is probably buried deep in the 'to do' pile, what more can you ask for from the junior Senator from NY?

 

 

 

 

Wed, 09/16/2009 - 22:54 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

With all due respect (much) Deadhead, the response from Sen. Gillibrand is disturbing in its smooth deflection.  Notably, point 3, "I believe it is critically important we continue to empower the Federal Reserve to prevent inflation while at the same time providing for a full audit of the Federal Reserve system."

I would argue these are prima facie incompatible arguments and reveal her entire statement a canard to appease those who need appeasing.  The ambiguity may well lie in its apparent unambiguity.  But would this be surprising? This is NY's sitting senator, the seat of Wall Street power.  I would be HIGHLY surprised if your senator voted in favor of Sunshhine.  Fortunately, like football, this game's gonna be played and the speculation can be resolved.  Steak dinner on me, sir, if I am proven wrong and you're not a vegan.  And I enthusiastically hope that I am wrong.  Cheers!

Thu, 09/17/2009 - 05:53 | Link to Comment Bolweevil
Bolweevil's picture

She's on the GS payroll. Nice of her to respond though, I get one paragraph of, "hank you for your interest..." from Boxer and Feinstein.

Wed, 09/16/2009 - 23:39 | Link to Comment lookma
lookma's picture

Currently, the only component of the Federal Reserve which is not regularly investigated by the Government Accountability Office is its monetary policy function. This exemption was established to address concerns that Congress could use these investigations to pressure the Federal Reserve into taking actions that could drive inflation, causing dramatic increases in the costs of basic goods and services and undermining the Fed's primary objective of monetary stability."

See, that is Senator Gillibrand is giving you the FED's line:

Fed officials say opening their monetary-policy deliberations to congressional review would cast doubt on their independence and ability to raise interest rates when necessary. That could stoke inflation, they say, raising borrowing costs for the government and consumers.

Wed, 09/16/2009 - 23:46 | Link to Comment lookma
lookma's picture

The primary reason why people want an audit is because of the crazy monetary inflation.

An argument that there should be no audit because an audit might cause inflation is mindgoggling.  It makes no sense.  People who make such an argument are either lying or clueless and manipulated by the liars.

Thu, 09/17/2009 - 07:55 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:36 | Link to Comment logistics (not verified)
Wed, 09/16/2009 - 18:40 | Link to Comment Thoreau
Thoreau's picture

The prob was, is & will continue to be Barnyard Frank. He is single-handedly holding up the House version; once that passes, inertia will take care of the Senate. Of course, I'm still seeking an answer as to why a "Bill" is needed in the first place to order an entity that congress has authority over.

Wed, 09/16/2009 - 18:54 | Link to Comment Bearish Spirits
Bearish Spirits's picture

Ha!  Good to see Glenn Beck is on the Fed investigation train.  He had a little segment on debt monetization, using the CUSIPS we saw a while back.  Kind of sad none of the business channels did a story on that.

Wed, 09/16/2009 - 19:50 | Link to Comment digalert
digalert's picture

Well gee, from the home state of Pelosi I don't see my senators listed, Boxer and Feinstein. Let's see, mid September if I write now, I should get the standard canned here is my website answer in January. Boxer is out in 2010.

Wed, 09/16/2009 - 22:04 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

+1

Wed, 09/16/2009 - 23:00 | Link to Comment Mazarin
Mazarin's picture

Here's the Feinstein boilerplate I received:

"While I recognize the importance of accountability in the operations of the Federal Reserve, I strongly believe that monetary decisions should be made independent of political influence or motives. "

Boxer is in lock step.

They're closet royalists and committed financial fascists. 

Wed, 09/16/2009 - 23:07 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

That royalist cunt is one of my senators.

She'll be dealt with, too.

Wed, 09/16/2009 - 20:38 | Link to Comment Bthewee
Bthewee's picture

I repeatedly wrote to my two Senators (Georgia) through-out the spring urging them to sign on and work for this sunshine audit. Finally, before the break, they signed on. After they saw the tide of the people shifting. 

Never stop banging on the gong. The squeakiest wheel does get the grease!

BANG ON PEOPLE!! 

Wed, 09/16/2009 - 22:59 | Link to Comment brown_hornet
brown_hornet's picture

Illinois senators Dick "Turban" and "Rolloff" Burris voted to keep ACORN.  They will need Government Sachs to finance some brothels for the community activist group.  No help counted on from my state to audit Elmer Fed.

Wed, 09/16/2009 - 23:15 | Link to Comment Mr. Anonymous
Mr. Anonymous's picture

ACORN is a diversion.  Health Care is a diversion.  Gay Marriage, Abortion, Sotomayor are diversions.  Drug War, War on Poverty, War on Illiteracy, Iraq, Afghanistan, Iran, the Wars on Terror, God and Christmas, the parties themselves, all fucking diversions to go with the American Idol, Twitteratti, celebritocracy diversions.  Whatever.  I'm sick of this shit.

Wed, 09/16/2009 - 23:00 | Link to Comment Anonymous
Wed, 09/16/2009 - 23:10 | Link to Comment Intuition
Intuition's picture

Both FL Senators received an email from me today. I will keep at it if their names don't show up on the co-sponsor (or at least supporter) list.

Thu, 09/17/2009 - 01:31 | Link to Comment A_MacLaren
A_MacLaren's picture

A cross reference of the current co-sponsors of the legislation with members of the

Senate Committee on Banking, Housing, and Urban Affairs committee:

Sen. Robert Bennett R - UT

Sen. Michael Crapo R - ID

Sen. Jim DeMint R - SC

Sen. Kay Hutchinson R - TX

I have been writing my senator, Merkley from OR, a member of the committee since S.604 was refered, asking him to co-sponsor, but he has never addressed the request...

If you have a senator on the committee, PRESS HARD to get a commitment to co-sponsor.

http://www.govtrack.us/congress/committee.xpd?id=SSBK

Merkley gets another email from me tomorrow...

 

 

 

Thu, 09/17/2009 - 08:59 | Link to Comment Anonymous
Tue, 09/22/2009 - 16:49 | Link to Comment Anonymous
Tue, 09/22/2009 - 19:33 | Link to Comment Anonymous
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