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Bernie Sanders: We Need A "Full And Independent Audit" Of The Federal Reserve
Submitted by Barry Donegan via TruthInMedia.com,
2016 Democratic presidential candidate and U.S. Senator from Vermont Bernie Sanders wrote an op-ed for The New York Times on Wednesday calling for the Federal Reserve to be audited independently by the Government Accountability Office on an annual basis.
Meanwhile, Senate Majority Leader Mitch McConnell (R-Ky.) has scheduled a historic Jan. 12 vote on a bill, colloquially referred to as “Audit the Fed,” which was introduced by Sen. Rand Paul (R-Ky.). The bill would authorize the GAO to perform full audits of the Federal Reserve System.
“To rein in Wall Street, we should begin by reforming the Federal Reserve, which oversees financial institutions and which uses monetary policy to maintain price stability and full employment. Unfortunately, an institution that was created to serve all Americans has been hijacked by the very bankers it regulates,” wrote Sen. Sanders.
He added, “What went wrong at the Fed? The chief executives of some of the largest banks in America are allowed to serve on its boards. During the Wall Street crisis of 2007, Jamie Dimon, the chief executive and chairman of JPMorgan Chase, served on the New York Fed’s board of directors while his bank received more than $390 billion in financial assistance from the Fed. Next year, four of the 12 presidents at the regional Federal Reserve Banks will be former executives from one firm: Goldman Sachs.”
Sanders called for the Glass-Steagall Act to be reinstated, a Depression-era banking regulation that created a wall of separation between consumer and investment banks prior to its repeal by former President Bill Clinton. He also suggested that the Fed should be prevented from providing incentives to encourage banks to sit on cash reserves.
“As a condition of receiving financial assistance from the Fed,” said Sanders, “large banks must commit to increasing lending to creditworthy small businesses and consumers, reducing credit card interest rates and fees, and providing help to underwater and struggling homeowners.”
Sanders argued that the Federal Reserve suffers from a lack of transparency. “In 2010, I inserted an amendment in Dodd-Frank to audit the emergency lending by the Fed during the financial crisis. We need to go further and require the Government Accountability Office to conduct a full and independent audit of the Fed each and every year,” he said.
Audit the Fed legislation first became a hot political topic as a result of the sudden, meteoric 2008 rise to popularity of libertarian icon and former Congressman Ron Paul (R-Texas), who made the push for Fed transparency a central focus of his entire political career.
The Dodd-Frank amendment that Sen. Sanders is referring to that provided for a limited audit of the Federal Reserve drew strong criticism from Congressman Paul back in 2010, as Paul felt that Sanders had hijacked his momentum for a full audit and replaced it with a more limited, watered-down version. Congressman Paul’s full Audit the Fed legislation had already passed the House prior to Sanders’ push for a tamer audit in the Senate.
In the above-embedded video from 2010, an irate Ron Paul can be seen saying,
“I had expected Bernie Sanders to offer S. 604 which is the same as H.R. 1207, which is Audit the Fed bill, and at the last minute he switched it and watered it down and, really, it adds nothing. It’s a possibility that it even makes the current conditions worse… We need to get as many messages as possible to any senator you can think of — especially to Bernie Sanders’ office — that we don’t want this version. We want a true audit of the Fed. We need to know what the Open Market Committee does and we need to know what they’re doing overseas with the agreements with central banks and financial institutions and other governments.”
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Fuck voting.
Well we know one candidate who WON'T get nominated
All this will accomplish is a fire in the records keeping department ... and the discovery they didn't have budget to keep back ups.
Regards,
Cooter
I just heard a nail gun clip somewhere ...
Anyone who thinks the GAO is independent is smoking the good stuff and should pass that joint and not that bill.
Ya that's a laugh right there. As is sen sanders contention that "the federal reserve was created to serve all Americans". That's some funny shit right there. And RP is right, sen sanders only offered the watered down version. This is just posturing, it is completely meaningless.
"Full And Independent FED Audit"
Well... I Bet Ole Hillbillary WON'T Match Or UP This One LOLOLOL....
"Full And Independent FED Audit"
SORRY... ALL Records LOST, Same As ALL The (As In Every Last One) NASA Moon-Landing Tapes...
A Jew calling for a Full Audit of the Fed?
Oh please, is there anyone in the entire universe that buys this crap?
"Unfortunately, an institution that was created to serve all Americans has been hijacked by the very bankers it regulates.."
UNFORTUNATELY, THE LEFT ACTUALLY BELIEVES THAT REGULATORY CAPTURE IS SOME KIND OF "ODD, UNEXPECTED" OCCURRENCE WHEN YOU INTRODUCE REGULATION.
If it can be believed of anyone, it can be of Bernie. Right now, Clinton is practicing her smile in front of the mirror, Cruz is practicing getting misty eyed in front of the flag, Trump is practicing nodding his head in front of his dog, and Bernie is just practicing not looking pissed off.
Even if the Fed are daft enough to leave records of the fraud they still have to have someone independent who will take them to task over it.
Who wants to bet that the new 'audit' committee is made up solely of ex Goldman staffers?
It just has to implode there is no other way out.
liar.
he played along with ron paul's legislation - then stabbed him in the back
you are right to hold him (and all others) to what they do, not what they say.
based on what they say, the least zionist presidential candidate is a brooklyn jew, sanders.
if obama has taught the world nothing but this, he has been useful as well as wildly destructive.
Bernie does not want to honestly audit the Fed, he wants to control it. Bernie is not about freedom, he's all about "smarter than thou" tyranny.
I honestly think that Bernie has the best intentions in mind. We have bigger fish to fry in terms of who is controlling the Fed... Hitlery certainly poses a greater potential for tyranny. Bernie is left-winged, but that does not mean that his objective is to revoke your freedoms in the name of socialism. Bernie wants what we all want - actual free markets, so all of the people can prosper again. It pisses me off that people seem to think that freedom and equality are mutually exclusive. When you think about it, freedom cannot be achieved without some semblance of equality, and equality most certainly can't be achieved without freedom. At the end of the day this is part of a larger scheme of ideological 'divide and conquer'. In 2015, the left and the right fundamentally want the same thing - liberation from the powers that be, and to be able to accumulate capital, especially human capital. Free markets, liberty, equality, and population wellbeing can be maintained concurrently - but that is ONLY possible if we are able to force those fucks - 'the powers that be' out of positions of power. This can only be achieved if some ideological mutual ground is found - and that is most likely only going to be realised once both sides understand that neoliberalism is neither in the favour of the left or the right - it only serves those who have tremendous power. The problem is that neoliberalism is comprised of both left and right winged ideology. This serves as a very conventient political objective, as both sides are able to blame the other, and the real culprit sits in the shaddows unchallenged. The only way to tackle this clusterfuck is by fostering unity across the spectrum.
Yes Cheka, it sure looks that way. But..., the Senate has those cloture rules that make it a fairly undemocratic institution. Bernie likely watered Paul's bill down so that it would pass. At least that's the view of this I choose to take on the issue. Hell, Liz Warren voted for this thin gruel as well and I'm quite certain she wanted to do more.
Oh please, is there anyone in the entire universe that buys this crap?
No.... All records will be lost in a boating........
Amen, Tarsh.
I couldn't even read the article - knowing it was a load of BS. Fool me once, shame on you. Fool me 1,000 times, shame on me. When will people finally realize that everything they say is a deception? It is THEY who have to be removed. When that happens, all that they stand for will be removed with them.
Im not even American and i can tell this is all theatre. When they want they will "pull" the system, until then its all popcorn and choctops.
#SOCIALISTCURMUDGEON2016
A Jew is different from a Neocon. A Jew is different from a Neoliberal. My shoe person is a Jew. Very nice gentleman.
Can a Jew be Neocon? Sure. So can be a Christian or a Muslim.
Anyway, it doesn’t matter at this stage of the game. No one will audit US Central Bank. Even if they did, NOT a single irregularity will be found.
Bernie might be trying to tap in on the Democrats semi-open caucus. And way ahead of Governor of Maryland.
Well you are in congress, asswipe, you write the fucking bill and attach a bunch of goodies to it so your dickhead friends will sign it.
Kill it with fire and hang the traitors.
Bernie included.
Merry Christmas ZH'ers.
#feeltheherd
edit: you "democratic socialist" junkers will make for nice .308 fodder
and that right soon...
Ooh, I see we have a Internet Tough Guy. Have you ever actually seen a .308 or have you just read about them on line, big guy?
I' m your Huckleberry, motherfucker.
explain, por favor?
que es un huckleberry?
it means: "you drink my sake kemosabe?"
i'm still unclear. is that like an adult milkshake there will be blood reference or yet another fellatio insult on this sadly homophobic website (founded by a gay man and themed by a clearly homoerotic domination movie).
and why huckleberry?
i will admit it is frightening to be threatened by any diameter weapon on the internet. i assume the bullet comes out the camera hole (i am wearing a helmet and ducking down a bit).
Homophilia is an NWO instrument. There is no societal benefit to it, and therefore, no reason for it receive such disproportionate political support & funding. 3% of voting base in any other population segment = inconsequential and not worth the time.
In reality it is an extremely dangerous & flat-out disgusting sex practice.
Get a pair and think for yourself.
Dead,
He won't, but not for the reason you're thinking.
As a fully active and proud socialist, he supports a Leviathan government ruling over every aspect of our lives.
As part of this, he fully supports the centrally managed economy. To the socialists and communists, an inseperable part of that central management is full control by the State over monetary policy and the currency.
As a socialist, this dipshit little leftist Tribe member commie loves central banking, despite the lies he spews with his serpent tongue.
Like all phony pieces of shit politicians, he is just parasiting off the momentum started by another, this time the anti-Fed movement that Ron Paul contributed the greatest mass to. He is simply exploiting this for populist appeal.
What he probably supports is "overhauling" the Fed, to give it more power in the distribution and confiscation of money, getting rid of paper currency, and switching to a fully digital currency.
Burnout for President!
There is a better candidate (ahem)...
i vote for you in every election
hurry up and win, please
An Audit is barely scratching the surface, FFS.
Jeszzzzz....
But it would be conducted by the Government Accountability Office, LOFL.........!
Not to mention that Bernie already had the chance to audit the FED and was instrumental in killing the bill.
Hang this fucker with the rest of 'em.
Hyjacked by the bankers, LOL. I was created by the bankers, this fool is obsurd.
and they get a 6% dividend on every dollar they create
Odious, fraudulent debt does NOT have to be paid back and, when they go down, ALL money stolen from taxpayers will be refunded before they hang.
They get a 6% dividend on paid-in capital stock, which is probably way less than the money the Fed has created, over $4 trillion (monetary base).
http://www.federalreserve.gov/aboutthefed/section7.htm
-----
edit: According to Mike Krieger, $17 billion was paid out in yearly dividends recently, so that would make paid-in capital about $283 billion. Krieger's numbers may not add up though, so it could be much less. See post below for details:
http://www.zerohedge.com/news/2015-07-29/banks-squirm-congress-moves-cut...
hey don't forget the interest on reserves held at the fed (created by the fed for the banks). they just doubled the rate because the recovery is going so well.
So Bernie has a death wish? Or, is this just a part of the charade that "dooms" the Bernie and leaves only Canklry as the only viable candidate?
Voting or guns?
Good luck with that, I hope he has plenty of life insurance with 'accident' cover!
The agenda rolls on......
http://beforeitsnews.com/conspiracy-theories/2015/12/as-events-spiral-ou...
Government Accountability Office... lolololo!
I tire every one else by saying it but I agree, audit the Federal Reserve.
the only one auditing the fed are the chinese. the results will be apparent when the gold is all gone.
cue shirley bassey.
Screaming for an audit is not enough.
Who should do the audit, a government agency? Seriously?
It would have to be an outside auditor. Who then would be able to do so honestly and who would know what to look for?
And who would appoint that group, a government bureaucrat?
Any attempt to audit would just be a pig circus.
The entire fucking machine needs to be destroyed and we need to get rid of the FRN and replace it with a currency backed by something of real value.
it's located next to the Prostitute Chastity Camp
The full audit will be written in stone. 20 years from now. If we're lucky.
Debtor,
And you can be sure the Power will only allow an audit when our central-banking system has destroyed our currency and economy and the Powers are ready to switch to a globalized central-banking system and global currency.
They will use the audit to discover all the horrors of national-level central banks and use it as evidence that "it's time for a change."
And, of course, that change will be a global central bank with full authority over the monetary policy of each and every nation.
If you want to get paid, you'll play by their rules.
Well, that's it. Sanders will never be elected now.
Let's get real people - all the "soft socialists" in the D party are bad enough. The last thing we need is a unabashed socialist in the White House.
Just because a "broken clock" gets this one thing right, it doesn't mean he shits marble.
Sanders also voted against a bill that would have had a gun maker liable for deaths caused by guns they manufacture. He's voted against wars glass stegall repeal, domestic spying. All kinds of stuff. He's right on far more than just one issue. Trump and Sanders are the only two remotely reasonable candidates that also have decent backing (sorry Rand, love your dad though!).
None of those things are policies of the right.
The right will sell out to the left any day of the week if the backroom deals are good enough. For example, the spending bill that was passed 2 weeks ago. The 'right' sold out on every issue the left proposed.
Well actually no, the GOP Establishment sold out. The GOP Establishment has nothing to do with "the right", they in fact wish we would just go away and stop interfering with their pension plans & deal cutting.
Two very different things.
i don't always agree with you but you are dead, spot on right about that.
as for nidstyles point, it is subject to the rather major qualification you cite. the republicans, putative conservatives, have definitely supported the repeal of glass steagal, domestic spying and goodness sakes more war. at least some of them were responsible for 9-11 although i'm not sure what party larry silverstein is.
obama is no better and in some ways worse as he gives a bipartisan boost to utter lack of confidence in the government to do anything right (like the original glass steagal law).
Hillary voted for war(s) based upon faulty data... the same war(s) Bernie voted against.
what "data"?
voting against war is always the right choice, unless another nation is actually invading your territory.
"data" is what fascists use to goad citizens into war.
Göring: Oh, that is all well and good, but, voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.
Every war Hillary voted 'yes' to was because of bad data; bullshit, but that's her claim
The ex-prosecutor in me knows lots of lifelong and now disillusioned "republicans."
Many of them say they would vote for Bernie against many of their party's plate of candidates
but they would NEVER vote for Hillary.
I imagine the huge group of "independents" feel similar
exactly, buy-bye Bernie it's been fun!
what do you think an audit will accomplish? We already know theyve been lending the gold. We know how much theyve expanded the money supply.
What do you expect an audit will accomplish? And dont get me wrong, I dont agree with just about anything the fed does, I just feel like this is an easy soundbite / push by the financially illiterate.
Fuck Bernie Marx.
Yup.
Funny how a central bank is part of all leftists' model of governance. And now he learns the sad lesson that it doesn't work because human beings are in charge of them.
MAN CANNOT BE PERFECTED, Bernie! You stupid excuse for an "independent" politician.
I see my junkers have arrived in full force, yet still as silent as mice...lol...Bernie Marx's intent is to have...the government, awwwdit the Federal Reserve, not close it down oh no no no, just audit it.
Fucking really?
Bernie Marx is the SOB that wanted to bailout the banks & Wall Street, read it and fucking weep socialist losers:
"I proposed to raise the tax rate on any individual earning $500,000 a year or more or any family earning $1 million a year or more by 10 percent. That increase in the tax rate, from 35 percent to 45 percent, would raise more than $300 billion in the next five years, almost half the cost of the bailout. If what all the supporters of this legislation say is correct, that the government will get back some of its money when the market calms down and the government sells some of the assets it has purchased, then $300 billion should be sufficient to make sure that 99.7 percent of taxpayers do not have to pay one nickel for this bailout." - Berine Sanders October 1 2008.
Bernie Marx is a leftwing, statist idiot who knows nothing about the Federal Reserve or why it was created or why it needs to go the way of dodo bird and his brand of cronyism.
Careful as to not breach these sackless mf'ers "safe space"...
The poor dears, I'm not sure they can stand the strain ;-)
and his half breed cousin Barak
Cher makes three.
vomits
I miss Bernie Mac:(
--the blurb for the article said Bernie was going to "reign in Wall Street", that got me to look at the article, but I got fooled. He actually said "rein in Wall Street", which is, of course, something B.S. Marx would like.
Tyler is getting more clever in his headlines.
Fed audit...heh heh heh
What? The only sensible words thus far uttered in the entire presidential campaign are coming from a socialist? What next? We should abandon the Wolfowitz Doctrine?
if it's words you want, bernie's got them (and i'm probably changing parties to vote for him in the florida primary; trump ain't no ron paul). he's the least zionist candidate in either party and the only jew.
That's it for Bernie.
FORWARD SOVIET CPAS!
an absurd and laughable idea. the usa is an empire of lies. bernie should go read the warren commission report or the 9/11 report for a chuckle.
It sounds like Bernie's "audit the fed" would be in the exact same genre as the Warren Commission Report and the 911 report, ie fiction. So maybe he HAS read them.
There's a chapter in "The Creature From Jekyll Island" that already prescribes must must be done (Chapter 26 in the 3rd Edition, I believe), so Mr. Sanders needs to add "The Creature..." to his reading list!
Trump/Sanders 2016!
SMOD 2016!
Remember, we had an audit of why WTC7 fell down by our keeper of weights and measures ... the NIST. Made anyone who asked about it after that a "conspiracy theorist".
it was a very complete and scientific report with the possible exception of its not investigating the possibility of explosives being used to drop the building.
except for that.
Any audit would be totally bogus because the GAO has no spine and has never ever produced any meaningful reform.
When threatened.
It's not worth the effort in the High holy days.
Bernie wont turn on his jew banker buddies.
Sure go full Ron/Rand Paul now you Socialist asshole! Fuck you Bern and your ideas, move to fucking Europe.
removed
Fuck you, we're full. Keep him as a pet or something
Fuck off Bernie.....
He just wants to be able to say it. He'd never do it. The only way to get these guys to do it would be for them to sign a contract prior to them taking office as president, which would allow them to be personally sued by any US citizen for breaking a promise made before they are actually elected. Because we know what happens with their promises after they get elected. Not a fucking thing.
i only wish. in fact they do the opposite.
humble foreign policy -- g.w. bush
most transparent administration ever, no dumb wars -- b. obama
Read the last paragraph of this article, Bernie Jewish Sanders audit the Fed, sure dear.
lol....fucking laughable..tribal infighting attempting to appease the sheeple/goyim...fuck you bernie. Merry Christmas to everyone here ;)
And Bernie wants to be President? Doesn't he know the Fed was NEVER meant to be a servant of the people, only its master? The man has no sense of history; The Creature from Jekyll Island spells it out quite clearly it was a self-admitted conspiracy on the part of the domestic agents of foreign banking interests to seize control of the US banking system. The US has been empbroiled in war after war after war ever since. Not to mention the once mighty US dollar has become debased and on the verge of losing what remaining shreds of value it has as the petrodollar. All this has been known for a century.
A man seemingly displaying such ignorance of such an important aspect of US history wants to be President. Or, was he ignorant of it? Working with Ron Paul, he had to have come into contact with that history. But only now does he actually want to do anything? Something doesn't smell right.
The foxes may not be allowed to run the henhouse, but with Bernie Sanders’ solution and other Fed enablers, the foxes would still own the henhouse property. There’s no way to fix a tyrant by changing the way he rules you. A scientific market formula, not politics, should control the value and issuance of money.
Restructuring the Fed according to the nation’s political representation as Bernie Sanders would do if he is elected president, is not the answer. And lest we forget, Sanders is a Socialist.
The problem is the Fed itself. It must be eliminated. Can you imagine a Federal Reserve Bank run along the same political lines as the US Supreme Court, with party-appointed ideologues such as Ginsberg and Kagan controlling the issuance of the nation’s money supply, and who gets it?
To quote Milton Friedman:
“The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.”
G.M. Coogan, who stood firmly against the money manipulators, gave her view in Money Creators:
“If the Government controls the lending of money, it can determine who may or who may not borrow money and hence can control every single business in the country. Controlling every business means controlling every economic activity; control of every economic activity gives power to control also the cultural and spiritual activities of the citizen… Lenin recommended Government origination and control of the medium for exchange. Unless the power to originate money is restricted to sovereignty and scientifically exercised, and lending is restricted exclusively to private, independent, State-chartered corporations, it is nothing short of childish prattle to talk about preventing the onrush of Socialism, or whatever name one wants to use to designate an anti-Christian State, in which all but the ‘chosen few’ are hopeless slaves.”
http://www.nytimes.com/2015/12/23/opinion/bernie-sanders-to-rein-in-wall-street-fix-the-fed.html?_r=1
I know Sanders don't get much love around here, but what's it been? 6 trillion the maggots have pissed away on war since 2000. I doubt he could have pissed away that much on hippy programs and there might be a few more bridges and highways in better repair back in the US.
Your money is being stolen regardless. I know where I'd rather keep it.
It's too late. We've crossed the "mathematical unable to pay" line.
If he wants what a lot of people call a "socialist" govt. we already have a giant, out of control, impossibly debt-laden, militaristic, orwellian gov run by a handful of cronies appointed in sham elections already. We just call it a democracy because it feels better.
Then, get out of the way?
" to maintain price stability"
2% inflation tax is not stability! It is RISING and means that at the end of say 20 years, prices are up a LOT. Then you are taxed again on this tax gain with yet more tax, because prices have gone UP.
If prices go up, then if you pay VAT or fuel tax, then you pay even more tax when they prices go up even more.
Note that very well paid people use %ages to increase their salaries, not fixed amount, that way those with the most get even more money. Often the actual amount in percentage terms can be even higher that the total annual wages of the slaves er workers, they employ
Absolutely. It's a way to steal. I keep telling people that. Most don't get it. You buy a house for $100K, sell for $200K. You did NOT make a $100K profit. It was mostly inflation. Then they tax you on the paper gain, when you experienced no real increase in value that you get to walk away with. They say price "stability". What it really means is "theft by deception".
50% inflation?
How old is the house? 50 years?
What nonsense.
My parents built a house and have land on acreage.
They bought it for 65k.
Now you cannot get an acre on their street for under 100k.
Their land alone is worth 1 million.
By low and real estate appreciated is some markets because they ain't making much land anymore.
“As a condition of receiving financial assistance from the Fed,” said Sanders, “large banks must commit to increasing lending to creditworthy small businesses and consumers, reducing credit card interest rates and fees, and providing help to underwater and struggling homeowners.”
So promise to reflate?
Got it.
What a douche.
You don't connect my Latin poet.
Small Business, the economy generator is dead.
Regulations, taxes, snowflakes. comrad
If I were Bernie, I'd stay off airplanes and out of cars.
Bernie Sanders - "No... I think they won't...
The CEO's of large multinationals may like Hillary, but they ain't gonna like me. And Wall Street is gonna like me even less!"
https://www.youtube.com/watch?v=UXcCM_9hJv4
It was Bernie Sanders’ last minute bait-and-switch amendment to “audit” the Fed in 2010 that allowed the Fed power to remain and destroyed all of Ron Paul’s efforts to audit these people. But as the Fed opaque corruption continues, the onslaught from the people is rising. The “great unwashed” are at the gates. As for Sanders, watch what he does; not what he says.
Ron Paul on Socialist Senator Sanders’ Sellout to the ‘Fed”
May 6, 2010, statement (video excerpts):
I’m not a bit surprise that the Federal Reserve (amendment) got to the Senate … (but…)
At the last minute (Sanders) switched it and watered it down (the Audit the Fed amendment) and, really, (Sander’s bait and switch bill) adds nothing; there’s a possibility that it even makes current conditions worse…
This is so disappointing…I’ve worked for months with Bernie on this. We don’t want this (Bernie’s) version… We need to know what the Open Market Committee does, we need to know what [the Fed] is doing overseas with the agreements with central banks and financial institutions and over governments… this bill (604) does not include this…
It shows what kind of forces we’re up against… The President doesn’t want this (Paul’s Audit the Fed amendment)… the leadership on Wall Street doesn’t want it, the Federal Reserve doesn’t want it. They’re powerful forces. But just think of all the people who do want it…from progressives and liberal Democrats, to libertarians and Constitutionalists, the average person and so many of the tea party members…they all want to find out what’s going on at the Fed…
http://www.youtube.com/watch?v=7II2diHymv4&feature=player_embedded#
Question: Do you think you could actually have won anything better than Bernie's ammendment?
As a confirmed Bernie watcher I am convinced that while he is a very practical politician who will compromise to make something happen, the first position he puts out there is generally what he actually wants, and he will go to the mat for it if he thinks he can win it.
Bernie's record for getting legislation he sponsors passed is about average, which is actually quite remarkable considering he is at the far left end of the spectrum in the Senate. (He is actually smack dab in the middle of the spectrum of positions held by regular middle class and working class people on most issues.)
He is known as the Amendment King in the Senate, getting the most amendments passed of any Senator.
Bernie is raising the issue of auditing the Fed again, as a serious candidate for President - who could conceivably win. In doing so, he is putting it on the national agenda again for debate, right at a moment when the Fed is about to become a hot issue again. So ... Are you looking for allies? Do you really want to win?
Bernie''s duplicity gave the senators an out from exposing the Fed by offering them a ruse to fool the public. Maybe that’s why “the blog Cunning Realist noted, ‘Chuck Schumer (the bankers’ senator), grinning, put his arm around Sanders on the Senate floor after Sanders announced “changes” to his amendment.’"
The irony is that Bernie pretends to be against the Wall Street machine, and it is a lie. The path to our liberty is to end the Fed. And Bernie could not even stand for an audit; he is the Fed protector. Schumer opposes as audit; at least he's honest about it. Bernie is a duplicitous liar. IMO, there is nothing worse than that -- the bankers on one side, Ron Paul on the other, and Bernie pretends to be in the middle, a compromise. Like the Bolsheviks, he is on the Bolshevik side; he is leading his supporters astray. Millions believe he is an opposition to the Establishment.
WND continues:
To counter the Sanders Amendment, Sen. David Vitter, R-La., put forward another amendment restoring some of the original language of the more thorough audit.
The Senate, however, voted down the Vitter Amendment 37-62, while passing the Sanders Amendment.
The Wall Street Journal confirmed the maneuvering because of “pressure” from the Obama administration would allow the Federal Reserve “to sidestep legislation that would have exposed its interest-rate decision-making to congressional auditors.”
See Less Than Zero’s link below:
http://www.wnd.com/2010/07/175657/#HVOWtmKRMBQdVVYw.99
Bernie Sanders needs the Federal Reserve to finance the national debt so Bernie can fund all his feel good programs. I don't know why he is against the Fed? The Fed is on the side of Barack Obama and Hillary Clinton and Democrats.
Lip service. The roll call vote (if it occurs) will reveal quite a lot about our Congress. What happens behind the scenes is another matter. Continued due diligence is essential - same as it ever was.
He's not against the Fed. He's a lightening rod who'll deflect and neutralize any real attempt at an audit.
The federal reserve should really have been called the Death Star.
"We are completely dependant on the commercial banks. Someone has to borrow every dollar
we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." — Robert H. Hamphill, Atlanta Federal Reserve Bank - 1934
How much longer will they continue to rape and pillage this country? Now, back to our regularly scheduled programming.
Four goddamn years ago...
Bernie Sanders - The American People Are Angry
Over 13 goddamn years ago...
Bernie Sanders - Bernie Sanders and Alan Greenspan in 2003
Alan Greenspan Educated by Bernie Sanders '03
In the meantime... what was your hero Donald Trump doing last year, the year before that, or ten years ago?
He was running some scam selling his shit to dumbass Americans that were made by slaves in China? He was on some goofy fucking television show, or raising a stink...asking to see Obama's birth certificate?
I think Hillary has Alzheimers.
The last person who was a serious threat to the Fed was Congressman Louis T. McFadden. He survived several attempts on his life until he was poisoned during a banquet. Of course, his murderer was never apprehended. The message was received; no pol ever dared to do as much as he until Ron Paul came on the scene.
Read McFadden's speech. Bernies's no threat. Compared to McFadden, Bernie's a yapping, ankle-biting Pomeranian.
You got it. See my post.
2008-2015: "Audit the FED."
2016: "Raze the FED."
The American taxpayers need to know who and what countries the Fed has swap lines with and the state of affairs behind those.As well,the BIS ( Bank of International Settlements) and all Central Banks and Governments need to come clean on all gold manipulation schemes and hypothecation of their gold reserves.Any Bankers or Treasury Officials that have been up to in illegal gold and silver activities need to go to jail.Honesty and complete openness in the gold market is necessary in order to stop bankrupting and destroying jobs in the mining industry.This has to stop,thousands are losing their jobs to crooked behavior which officials quietly admit is done with the excuse that it helps support the dollar.
Short term fucking memory. It was basically Bernie Sanders himself that watered down S.604 last time there was a "Audit the FED" bill. This dude is a phony snake in the grass. He folded like a broken lawn chair last time.
Anyone standing up to the fed will be Kennedy'd. Sanders can continue barking until animal control shows up. Kennedy was the last real democrat. After him it's been all downhill with every (D) and (R) president.
Dr. Paul spent years on this effort. I was a delegate, twice, from Minnesota. Didn't turn out well in 2012. i figure Sanders for an envy peddling pawn, but remain diligent; http://www.nakedcapitalism.com/2015/03/fed-impedes-gao-audits-destroying...
Say what you want, the more saying audit the Fed...the BETTER! It's the last thing the CRIMINALS, want.
can you say...audit the CRIMINALS?
White people believe they can never be slaves, and thats the big lie they continue to believe.
+1000 Arthur. The white debt slaves have been schlonged for the past 100 years under the UN-Federal Reserve serving the smartest tribe in the room. Happy Hannukah.
Bernie is all about protecting his banker buddies.
Bernnie trying to out trump Trump.
"I can be zany , hey I"m running with scissors"
On the bright side, at least the topic is getting some more mainstream press.
Too bad 90+% of Americans have no clue what the fed is or does, despite the fact that they have near-singlehandedly fueled the last several bubbles with easy money and debt...
Oh well. Back to my eggnog and reruns of Keeping Up With the Kardashians.
Merry Christmas, ZH'ers..!! And you too, Tyler(s)....
If Trump said this you idiots would be jacking off on the comment boards about it. White people. Smh.
Maybe. But the fact is Sanders torpedoed the previous Bill that would have meaningfully audited the Fed. He lead everyone along and then at the last minute switched his vote. He's not to be trusted. Trump hasn't betrayed anyone yet in his campaign.
So if Al Sharpton said it would you be jerking off?
"Unfortunately, an institution that was created to serve all Americans has been hijacked by the very bankers it regulates," - Bernie Sanders
Sorry, but the institution was never designed to serve all Americans. It was designed to serve the ethnic group that created it.
It was designed to be an anticompetitive banking cartel. By providing unlimited lending to its "special" members like Morgan etc. the "risk" element so vital to true capticalism was removed and the risk transferred to the taxpayers as we observed in 2008. What do socialists and the FED have in common? They both hate competition since with competition, the incompetent fail and the necessary creative destruction serves as the fertiziler for the next, hopefully wiser, market participants. (Just as the blood of tyrants like Obama or Hitlery should serve as fertilizer for the tree of liberty)
And if Bernie is so insightful, some reporter please ask him (or hitlery) what is the "correct" interest rate or price of money? Answer: like the minimum wage or any other price it can only be determined by supply and demand (i.e. the market).
I'm sure only Rand Paul could answer the question about the "correct" interest rate as only he has read Ed Griffins, "the creature from Jeckyl Island". He's the only one who would follow a revealing/embarrassing audit with a dismantling of this unholy cartel. He's the only legitimate candidate for this reason and the only one supported by Ron Paul. Trump is a control freak just like Sanders and Hitlery.
an institution that was created to serve all Americans ... WTF? What a moron!
That's some strong words of action against the Fed from a man who flip floped at the last minute of Congressman Ron Pauls Audit the Fed Bill. If not for Bernie Sanders Nay vote at the last moment Americans would have had a srong chance to audit the Fed, but Bernie betrayed US in the last minute. "Look who flip-flopped on 'Audit the Fed' vote" http://www.wnd.com/2010/07/175657/
That's some strong words of action against the Fed from a man who flip floped at the last minute of Congressman Ron Pauls Audit the Fed Bill. If not for Bernie Sanders Nay vote at the last moment Americans would have had a srong chance to audit the Fed, but Bernie betrayed US in the last minute. "Look who flip-flopped on 'Audit the Fed' vote" http://www.wnd.com/2010/07/175657/
Do you suppose other regulatory institutions could have been captured by the regulatees also?
Bernie Sanders is a piece of shit to begin with. Anything that man does wouldn't surprise me. Hell - he's such a fucking establishment politician that he even forgave Hillary for her email predicament - said we needed to move on to 'important matters'. Fuck you Bernie!
He's simply a tool. Yammering away on something he knows will never be done, rather than confront what can.
Feel the Bern, a far left gatekeeper.
See him on support for Israel
https://www.youtube.com/watch?v=Vf2cCdgwgoM
Bernie Sanders is Hugo Chavez reincarnated... lol
The Fed will end.
They will replace it with a global central bank.
During the crash of 08, Greenspan appeared on TV via a big screen TV and said
"We need a whole new global banking system"
they are killing this one.
PS
I think Obama will do a huge false flag and declare martial law, he ain't leaving.
Do you think they put all these laws into place for nothing. He signed the bill that
will allow for this on Friday in March of 2012.
It's all a show to keep them entertained sadly.
2008 was last chance, if there even was a chance which I doubt.
BERNIE SANDERS SAID WHAT?!!!
"...an institution that was created to serve all Americans..." says Bernie.
http://www.telegraph.co.uk/finance/economics/11999966/Switzerland-to-vot...