Federal Reserve Audit Bill Passes In House

George Washington's picture


Ron Paul's bill to audit the Fed has passed in the House, 327 to 98.

There will now be a fierce battle in the Senate.

See this for background on why an audit is essential.

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Wed, 07/25/2012 - 16:00 | 2650561 Benjamin Glutton
Benjamin Glutton's picture

The Senate will pass this Bill,imo.

Wed, 07/25/2012 - 18:04 | 2651082 Money 4 Nothing
Money 4 Nothing's picture

And place all USD in repo? LOL! Senate is already threatened not to pass this and you know it.

Wed, 07/25/2012 - 16:00 | 2650560 resaci
resaci's picture

end the FED

Wed, 07/25/2012 - 15:48 | 2650515 dannynewmexico
dannynewmexico's picture

and will fail in the senate......




Wed, 07/25/2012 - 15:39 | 2650487 jonan
jonan's picture

one can only hope....

Wed, 07/25/2012 - 15:36 | 2650478 Money 4 Nothing
Money 4 Nothing's picture

Then dies in the Senate... Next? Lobby to have the 9/11 files released?

Wed, 07/25/2012 - 15:27 | 2650443 ilovefreedom
ilovefreedom's picture

Don't worry, the Senate will probably reject it.

This one is too big with too much money behind it to be left to simple votes determine its outcome.

House has too many people to buy off and too much exposure to the general population on current event negative Fed PR. The Senate on the other hand, they need significantly fewer shills.

Wed, 07/25/2012 - 15:17 | 2650392 Ned Zeppelin
Ned Zeppelin's picture

I for one will email my senators and let them know that if they want my vote next time, they will vote "yes" on the Audit the Fed bill.  This will, of course, be ignored, but I will feel better about it. 

Wed, 07/25/2012 - 15:25 | 2650386 Widowmaker
Widowmaker's picture

Dear Congress,


Parking lot stripes - Check.

Threshold - Check.

Soda machines - Check.

Paper in the press - Check.

Empty suits - Check.

Avoiding the conversation of what America really does with its money - Check.



Hon. John Corzine - External Auditor

Didwee Cheetum and Howe Inc.

Wed, 07/25/2012 - 15:13 | 2650358 NoTTD
NoTTD's picture

Audit Bitchez!

Wed, 07/25/2012 - 15:09 | 2650341 madcows
madcows's picture

<== Dog and Pony Show to get re-elected or;

<== real attempt to regain control of the country's economy.

Wed, 07/25/2012 - 15:05 | 2650297 Precious
Precious's picture

One inept part of government investigating yet another part.  That ought to be effective.

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