Thread: the House rejected Ron Paul’s Audit the Fed by a vote of

July 1, 2010


Dear Friend in Liberty,

Yesterday, the House rejected Ron Paul’s Audit the Fed by a vote of 198-229. The Audit was included in a Republican motion to send the Dodd-Frank Fed Empowerment Act (H.R. 4173) back to committee.

If the measure had been approved, H.R. 4173 would have been changed to include the thorough Audit.

Even worse, the majority of those who voted against it were cosponsors of H.R. 1207.

Check out our “Hall of Shameâ€

This just goes to show how many of these elected officials are nothing but liars. Where is the consistency?

Ostrich

kathyet: Is there a link where we can check out the hall of shame?

I am sorry usually when I bring over my emails the links pop up never noticed


here it is

http://www.campaignforliberty.com/mater ... e-List.pdf


kathyet

"Even worse, the majority of those who voted against it were cosponsors of H.R. 1207. "

This goes to show the way too cozy connections between government officials (Congressmen & Executive branch) and Corporate monetary affairs. High level player CEO's of Goldman Sachs, AIG, Dubai Ports World, Boeing... and other Council on Foreign Relations Corporate Sponsors are quite buddy, buddy with government officials which all plays into the Stock Market and Federal Reserve manipulations.....which also goes into New World Order implications....

The Federal Reserve is the government's 'magic machine' that creates money out of thin air.....adding to the money supply (deficit) and they will protect that money source....

It is my conjecture that the "financial crisis" was not a crisis at all --
the "crisis" was actually desired money movements by the big players--- at the tail end of the Bush Presidency (where government--corporate connections were deep - example Henry Paulson-Goldman Sachs) when they foresaw that they had to prepare for the incoming new Obama Presidency (clear Obama would win)--- hence prepare for higher taxation, spending agenda and had to essentially buffer themselves to cover those taxes ---- hence rake the American People's money off the People in form of "bailouts" -- in order to per se have the American People pay for their own new Obama welfare service programs -- so the wealthy would not pay for it!!!

Was that not the strangest action to have seen when President Bush in October 2008 summoned both McCain and Obama off the campaign trail to meet about the "financial crisis" ??

What is so wrong about a simple accountable audit of the Federal Reserve?? The American People have full Right per U.S. Constitution of government by the People to know where there public tax dollars are going.

It's because Officials know that U.S. taxpayer deficit dollars are going everywhere and all over the world --- example $17 billion to the IMF to bail out Greece, on and on....
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In any event -- The Financial Reform bill (S.3217) was at least pushed back so the President could not get it by July 4 and the lawmakers really need to think about this impact to America. It is still a bad bill -- because it is more of that same agenda of government takeover and control -- this time on the banks --- slapping some 30 new "oversight" regulations on banks by this new bureacracy (Consumer Financial Protection Agency). This will be bad for American Consumers, contrary to what the President says -- because more regulation means more cost to the banks which will pass those costs onto the Consumers in form of more fees and taxes. This is about way too much government hands-on micromanagment right down to small community banks and your bank account!! This will do more red-tape stifling of business and economy.

Some things in the bill are positive that address derivatives stocks handling or predatory lending -- but the bad control language needs removal and of course in a 2000 page bill that was legislated in dark of night and then having Chris Dodd tell the Wash. Post (the now infamous Democrat motto) -- "we need to pass the bill to find out what is in it", there is no doubt the bill is bad.

Senate said to take up the bill at start of July 12. Senators Scott Brown, Olympia Snowe, Susan Collins, and Charles Grassley are Repubs that need focusing on. They voted 'Yes' on it before to get it this far.

AND YES -- AUDIT the Federal Reserve!!!! --- add S. 604

Would also like to add that -- Fannie Mae and Freddie Mac (government institutions) are not even addressed in the bill at all which was central to the mortgage scandal collapse that received some $80 billion in bailout.

Also remind that it was Chris Dodd himself that is NOT seeking re-election because he is directly corrupt in the Countrywide mortgage scandal!!

Also: Chris Dodd, Joe Lieberman and John Kerry are members of the Council on Foreign Relations (--CFR annual report).

i.e - Lieberman-Kerry --- cap & trade bill (now called the 'America
Power Act')