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Ask yourself: Why would these two senators PROTECT the FEDERAL RESERVE
Why can't the American People have TRANSPARENCY with the FEDERAL RESERVE? But what's really quite clear is why would two Senators Gregg and Dodd protect their secret and their history? hmmmmm Don't you think it's common sense?
Two lame duck Senators quacking against Ron Paul’s Fed Audit effort
January 21st, 2010 11:38 pm | by Marc Gallagher | Published in Activism, Big Government, Federal Reserve, Market Regulation, Politics, Ron Paul, campaign for liberty, congress | 3 Comments
Senators Judd Gregg and Chris Dodd have announced they are retiring from the Senate at the end of 2010 when both of their terms end. Previously, Gregg said he’d do anything he could to stop Ron Paul’s HR.1207 Fed Audit from passing in the Senate (The Senate version is S.604). Now that Dodd is retiring it appears he can safely join his lame duck peer in this effort to protect the central “banksters”.
A House-passed provision to open up the Federal Reserve to an audit by the Government Accountability Office is unlikely to be included in the Senate reform package, Barney Frank told a meeting of House Financial Services Committee members Wednesday, according to people in the room.
Frank, chairman of the committee, told the members that Senate Banking Committee Chairman Chris Dodd (D-Conn.) told him that he had assured Sen. Judd Gregg (R-N.H.) that it wouldn’t be a part of the bill. Gregg has been a strident opponent of the effort to open the Fed to an audit.
It’s time for us Fed audit supporters to wake up again out of our slumber and do what needs to be done to get this audit done. The news Dodd is blocking it is both good and bad. The good is that the amendment was tacked on to a horrible financial regulatory overhaul bill and getting it removed from that bill isn’t such a bad thing.
The bad is that now HR.1207 in the House and S.604 in the Senate needs to be brought to the floor as a standalone bill for a vote. Given the number of non-lame(duck) lawmakers that support the audit, the powers against the audit will do everything to make that vote never happen. John Tate of the Campaign for Liberty gives us something we can do to fight against these powers in the Senate by urging our Senators to block a vote on Ben Bernanke’s re-confirmation until the Fed Audit bill is brought to the Senate floor for a vote. It’s once again time to fight fire with fire.
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