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Forum Post: Audit the Fed Bill Passes House, now onto the Senate

Posted 2 years ago on July 25, 2012, 5:05 p.m. EST by hchc (3297) from Tampa, FL
This content is user submitted and not an official statement

If this thing doesnt make it past the president's desk, then what more proof do you need that these clowns are nothing more than Banker Pawns?

And who hte hell were the 98 that voted against it in the house?

http://www.zerohedge.com/news/ron-pauls-audit-fed-swan-song-passes-house-unlikely-pass-senate

38 Comments

38 Comments


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[-] 4 points by reckoning (53) 2 years ago

U can easily find who voted no on this important bill, now its up to the american people to DEMAND their state senators to pass this bill...

Dont buy into that fearmongering by the feds and their banker friends..this is the chance Occupy wallstreet movement should FOCUS ON..

[-] 2 points by MattLHolck (16833) from San Diego, CA 2 years ago

NO WAR

[-] 1 points by AVJLFront (5) 1 year ago

America is run by thieves, presidents are merely pawns. There will never be anyone brought to justice over the 2008 financial crisis. A crisis is once again on the horizon as the banks continue to give large bonuses to their board members and CEOs. These people work in an industry based hopes and chances. The books are cooked and investment banking industry is a sham.

These people must be brought to justice the old American way. Vigilante justice. People must pay for robbing the world blind. They must pay with blood. These people are criminals. They are still laughing in our faces and doing the same non regulated robbery of their customers as before.

Henry Paulson is the mastermind and he must be neutralized.

[-] 1 points by shoozTroll (17632) 2 years ago

But what does it really do?

It would seem it just wastes money and creates inefficiencies.

As yes, it falls "right" into the (R)epelican't bad government plan.

http://www.addictinginfo.org/2012/07/25/ron-paul-wastes-more-taxpayer-money-in-pointless-audit-bill/

Another point of view.

With less in the way of Mr. P's conspiracy theories.

His biggest fan is Alex Jones for a reason.

[-] 0 points by hchc (3297) from Tampa, FL 2 years ago

Why the hell are you on the OWS site if you think investigating the biggest and most corrupt bank of them all is a bad idea?

[-] 1 points by shoozTroll (17632) 2 years ago

Looks like you didn't read the link.

How typical, plus the added attempt at insult.

I would say the better question is, why do always jerk your knee for Mr. P's BS?

Alex Jones fan? You like the AJ gun conspiracies too.

[-] 1 points by hchc (3297) from Tampa, FL 2 years ago

There's plenty of people regardless of political persuasion who think the central bank is behind a lot of this nonsense.

Do you agree?

[-] 1 points by shoozTroll (17632) 2 years ago

I think you can safely say it's actually the Wall Street banks behind it.

The fed thing was/is being pushed by none other than Mr. Ps. favorite benefactor. Alex Jones.

Conspiracy theories are often created by propaganda mills, to hide the truth.

I'm no great lover of the fed, but I did notice it getting more of the blame as the Wallstreet banks took over control of it.

I think the audit would be better placed on WallStreet itself.

Mr. P's/Alex Jones crap is just an expensive time wasting distraction, perped, once again by your dear friends, the (R)epelican'ts..

[-] 1 points by DKAtoday (27542) from Coon Rapids, MN 2 years ago

I believe both audits need doing. Then follow through with the breaking-up of the too big to fail.

[-] 2 points by shoozTroll (17632) 2 years ago

They should have been kept separated in the first place.

WallStreet has a decided propensity to monopoly.

That's why their banks are the ones leading the way towards hugeness.

WallStreet should be audited first.

Did you read the link DK?

I think the fed audit is just another bait and switch, meant to take focus off of Wallstreet.

Guess what?

It's working.

[-] 1 points by DKAtoday (27542) from Coon Rapids, MN 2 years ago

The #1 priority should be getting WallStreet's House cleaned - find the shell subsidiaries of the mega monopolies and cut them loose. Tear off the mask of the criminal behavior. Absolutely - and then we do still have a problem with the operation of the Fed. But you are correct going after the Fed Reserve 1st is a mistake.

[-] 1 points by hchc (3297) from Tampa, FL 2 years ago

You dont see the link between the Fed and Wall ST?!!!!!!

That they just switch the people in and out?!!!!

Holy shit, are you freakin kidding me?

IT WAS STARTED AND CREATED BY THE BANKS!!!!!

And stop assuming I listen to Alex Jones. I listen to him about as much as Reiley and Maddow.

[-] 3 points by shoozTroll (17632) 2 years ago

Yes.

I've said it many times around here, just not lately.

WallStreet banks own controlling interest in the fed.

WallStreet can print money that way.

This knowledge is why I backed OWS in the first place.

It seems the political bait and switch has taken us away from that.

[-] 1 points by marvelpym (-184) 2 years ago

the bill was introduced by a Republican, so he's against it. He doesn't think, just reacts like a bull to a red cape. Life's easier that way.

[-] 1 points by TrevorMnemonic (5827) 2 years ago

Dennis Kucinich on the bill

“Today is a milestone for those of us who have worked for years to demand transparency and accountability at the Federal Reserve. Despite mismanagement and secrecy which has benefited the world’s largest banks at the expense of the people, today the House of Representatives finally called for a thorough accounting of the Fed.

“We now move our energies to focus on passage in the Senate, where some have said the bill faces an uphill climb. To those folks, I say that we are on the side of history and we have the American people on our side. Years ago, there were those who said that this bill would never pass. Today 327 Members of Congress showed that the American people stand for transparency and accountability. As more and more Americans learn about the Fed’s shadowy actions, the Senate will find it impossible to stand in the way of the demands of the American people.

“Transparency and accountability are coming to the Federal Reserve. After today’s vote, it’s only a matter of time,” said Kucinich

[-] 1 points by TrevorMnemonic (5827) 2 years ago

Vote Count -

http://www.govtrack.us/congress/votes/112-2012/h513

YEA 327
NAY 98

238 republican YEA and 89 democrat YEA 1 republican NAY and 97 democrat NAY

Dennis Kucinich and Bernie Sanders cast Yes! 2 of my favorite people in congress. It's disappointing to see so many democrat NAYS. Transparency is a good thing. Especially when it involves trillions of dollars.

[-] 2 points by factsrfun (6439) from Phoenix, AZ 2 years ago

It really is too bad we have so many Republicans, look at all the things we could have stopped if we had more Ds, thanks TM for pointing out how the parties vote matters good point.

This is NDAA 2013

http://votesmart.org/bill/votes/39897

of the 120 nays do we even have to ask how many were Ds?

This repels indefinite detention:

http://votesmart.org/bill/votes/39904

of the 182 yeas, how many Ds, how many Rs?

This one restricts spending in Aganistan to only what is need to get out:

http://votesmart.org/bill/votes/39906

of the 113 yeas, do you think we will find a Republican?

But here’s a real winner it stops us from reducing the nuclear weapons we have already agreed to:

http://votesmart.org/bill/votes/39908

only 162 voted against that, should we see what the D/R count is?

[-] 1 points by TrevorMnemonic (5827) 2 years ago

ALL of that is extremely off topic and you're just trying to distract from the 97 dems that failed to make the proper vote.

We could also stop the NDAA if Obama threw in a veto. But that's not going to happen "because he has to sign it" lol... even though he doesn't.

I fully agree with you that the repubs are absolute frauds which is why it was so damn dissappointing to see 97 democrat NAYS and a democrat named Harry Reid who years ago said "we need to audit the fed" is saying now he won't allow it for a vote in the Senate. So what's the deal there?

I'm actually cool with cutting spending in Afghanistan. GTFO Afghanistan now.

If they wanted to repel indefinite detention no one should have voted yes on the NDAA. You don't vote yes and then try to vote to ammend. You just vote no on a bill that contain indefinite detention.

Next maybe you'll try and tell me that Obama didn't vote for the TARP bailouts in the senate and that the TARP bailouts were all just a repub construct. Even though it passed with bipartisan support.

Even with the democrat NAYS in the vote to audit the fed... I still perceive it as bipartisan support. And I'm really happy to see so many republicans that are usually absolute failures make a proper vote for once.

Special thanks to Dems like Dennis Kucinich and Bernie Sanders because of their amazing voting records. We need more real dems like them. These faux dems like Harry Reid are part of the problem with the repubs that think the 1% should be able to run the show.

Both sides have been corrupted by money in politics.

[-] 1 points by factsrfun (6439) from Phoenix, AZ 2 years ago

So NDAA and the Iraq War are "off topic" you ignore the 99% of Republicans to focus on the 30% of the Ds. Then use that to say we can't change things by getting rid of the GOP. Do you really think people are that stupid that they don't see through you?

http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/

Take a look and tell me doing nothing was an option.

[-] 1 points by TrevorMnemonic (5827) 2 years ago

if you look into all the legislation I'm pointing out.... they had full support of the republicans. I'm just showing you that democrats vote for that shit too.

Obviously the repubs are a huge part of the problem. I have never once disagreed with you on that.

My problem is Obama is killing people in foreign countries and Romney will do the same bullshit. I do not support that bullshit. Propaganda is bullshit.

[-] 0 points by factsrfun (6439) from Phoenix, AZ 1 year ago

bills introduced by Ron Paul are not good bills you should take another look at this the guy who wants to turn our SS over to the bankers is not tightening any rules and if you think he is you're a fool.

[-] 1 points by john23 (-272) 1 year ago

The guy who wants to turn over your SS to the bankers?

He wants to turn your SS over to you.

Maybe you should research a little before slandering someone...because it makes you look like the fool.

[-] 1 points by factsrfun (6439) from Phoenix, AZ 1 year ago

This bill was introduced by Ron Paul nothing he has done was good, I'm betting it was a Trojan horse.

This is NDAA 2013

http://votesmart.org/bill/votes/39897

of the 120 nays do we even have to ask how many were Ds?

This repels indefinite detention:

http://votesmart.org/bill/votes/39904

of the 182 yeas, how many Ds, how many Rs?

This one restricts spending in Aganistan to only what is need to get out:

http://votesmart.org/bill/votes/39906

of the 113 yeas, do you think we will find a Republican?

But here’s a real winner it stops us from reducing the nuclear weapons we have already agreed to:

http://votesmart.org/bill/votes/39908

only 162 voted against that, should we see what the D/R count is?

But you do make a point it matters how the parties vote and it matters which party you vote for.

[-] 0 points by TrevorMnemonic (5827) 1 year ago

but that's not what we were talking about. We were talking about the audit of the fed.

I don't like the republicans. Stop acting like I do. I don't like either party. But there are some people in the democrat party I do approve of. But 65% of them... NO. Case in point - the audit the fed bill.

You should listen to Dennis Kucinich more. He sheds a lot of light on the truth.

He outlines the problems really well and has updates on actions in congress all the time - http://kucinich.house.gov/news/documentquery.aspx?DocumentTypeID=461:496:499:500:501:502:518:651:1130:1336

[-] 2 points by VQkag2 (16478) 1 year ago

Kucinich votes w/ Dems 90% of the time! Is that meaningful to you? You should trust his judgement!

He created the 1st legal language for a fed audit and got dems to approve/add it to the dem fin reform bill that repubs watered down and have promised to repeal.

Is that meaningful to you?

Elect progressives.vote out anti fin reform politicians

[-] 1 points by TrevorMnemonic (5827) 1 year ago

but where they differ is where it's important

WAR

THIS AUDIT OF THE FED

LACK OF SUPPORT FOR LEGISLATION LIKE HR 2990 which would allow for true universal healthcare

Any of them that are pro-war and helped to repeal glass steagall need to go along with the repubs. How about voting for dems that are like that? They exist and they run in the primaries every time. Congress specifically... but it was bogus that Obama ran unopposed in most states in the primaries.

[-] 1 points by hchc (3297) from Tampa, FL 2 years ago

I have a feeeling this was more to keep the ron paul supporters interested in the two party system than anything else.

we'll see how much hoopla the house makes over the Senate not acting on it.

[-] 1 points by freakyfriday (179) 2 years ago

You betcha! Audit the Fed is all about ROnnie, but these dweebs wanna give DK and BS all the credit.

[-] 1 points by TrevorMnemonic (5827) 2 years ago

Ron Paul definitely had a lot to do with it and I give him props for his stance on the federal reserve. But it's definitely not just all about Ronnie.Go back in history and watch Ron Paul and Dennis Kucinich stand side by side with each other on this issue of auditing the fed and opposing the fed's manipulation on the economy.

Dennis has been advocating solutions for Monetary Policy for years just as Ron Paul has. I happen to agree more with Dennis Kucinich's plan which is why I mention him. They both want to end inflation. HR 2990 is the next step. Using the monetary system for job creation. Also Dennis and Bernie are good people and seeing so many faux dems vote NAY on the bill, I propped up their names for being true democrats.

There is no reason to vote NAY on this bill unless you are corrupt or ignorant.

[-] 3 points by freakyfriday (179) 2 years ago

Thank you for giving Ronnie hiis due. I actually agree that DK and BS are good guys, but have grown tired of reading all the posts today that don't acknowledge Ronnie's driving role in this.

It should also be noted that in the Huff Post piece about the vote by COngress today, a senate spokesman doubted that this bill would come up before the election, tho he worried that Ronnie's son woud attach it to every bill the Senate DOES see the rest of the year!

It bums me out that Occupiers have given Ronnie short shrift over some 20 yr old articles that were published in some newsletter that he sold his name to. You can bet he didn't read the newsletters before publication. Oh well, there's always Jill and Gary.

[-] 1 points by TrevorMnemonic (5827) 2 years ago

if those newsletters prove Ron Paul is a racist then that one biography on Obama proves he's born in Kenya. LOL

The people that bring up the newsletters are usually party biased. People can keep calling Ron Paul a racist and they can call Obama a Kenyan.... but saying so doesn't make it true. Ron has been in office for years and has yet to ever produce a racist piece of legislation. Also Ron Paul has never given a racist speech either.

Dennis Kucinich once said Ron Paul is an honest man. I have a lot of respect for Dennis Kucinich and I take his word on that.

Even if I do disagree with some of his policies... like getting rid of minimum wage laws. Which is why I prefer the progressive side like Dennis Kucinich.

[-] 0 points by factsrfun (6439) from Phoenix, AZ 2 years ago

Did Obama sign or write this biography? Or are we to believe Paul would actually pay attention to what he signs as president? In the world of the GOP if you say I got paid to to do it all is forgiven money rules all, is that how you see it?

But his racism is nothing compared to his love of corporate power, if Paul wins your boss will become your king, well if you want to eat.

[-] 1 points by TrevorMnemonic (5827) 2 years ago

The biography and the newsletters are the same thing. You can't pick and choose because of your party lines.

I disagree with Paul on a lot of issues. Like getting rid of minimum wage. I think minimum wage needs to go up. I listed that already. We were talking about the supposed "racism" which he has never spoken a word of or tried to pass racist legislation.

The only 2 issues I agree with Paul on are Audit the Fed and put control of monetary policy back into the power of the people and not the banks... and his stance on the wars. JUST END THEM.

Did you know Barack Obama has killed 3 American citizens without charge, trial, or evidence of their crimes?

Who has killed more innocent brown civilians? Ron Paul or Barack Obama? Obama has.

How many countries does Obama want to continue bombing in 2013? How many countries does Ron Paul want to bomb?

For someone claiming that privatization is a bad idea.... Obama sure has given a lot of money to Black Water.

How many countries does Jill Stein want to bomb? You claim to be a progressive but you're voting for who Goldman Sachs is funding and works along with the war agenda.

How much is military spending? Isn't it higher than it was under Bush?

Military spending to constitute 60% of federal discretionary spending in 2013.

One thing we can agree on.... Romney is most likely going to crash and burn before November due to all his tax evasion and lying to the SEC.

[-] -1 points by factsrfun (6439) from Phoenix, AZ 2 years ago

How are they the same thing? The biography is writen by someone else and the newsletter was writen by Ron Paul.

Jill Stein, helping elect Romney since 1992.

[-] 0 points by TrevorMnemonic (5827) 2 years ago

you don't have your facts straight.

[-] 0 points by hchc (3297) from Tampa, FL 2 years ago

Have fun voting for more war and modern day Nazi take over. Goldman Sachs runs your decision thinking process.

[-] 0 points by TrevorMnemonic (5827) 2 years ago

wow thanks for the info about Harry Reid. I called Harry's office a moment ago to pass on that I think he's an idiot.

Looks like it is possible it will not see a vote in the senate.