Federal Reserve Policy Audit Legislation Gutted

[Fredkc]

Big “Surprise”: Federal Reserve Policy Audit Legislation Gutted

Posted by David Kramer on October 30, 2009 07:06 PM

Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been “gutted” while moving toward a possible vote in the Democratic-controlled House.
The bill, with 308 co-sponsors, has been stripped of provisions that would remove Fed exemptions from audits of transactions with foreign central banks, monetary policy deliberations, transactions made under the direction of the Federal Open Market Committee and communications between the Board, the reserve banks and staff, Paul said today.
“There’s nothing left, it’s been gutted,” he said in a telephone interview. “This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.”

Well, this should certainly quell the allegation that Congress is controlled by the .
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Added by Lew Rockwell :
Ron’s historic HR 1207, to audit the Fed, has been gutted by the powers-that-were in the house. If you are a constituent of Barney Frank (D-Big Banks) or Mel Watts (D-Fed) or any of the rest of them, by all means write and call to protest. (If you are not a constituent, your communication goes into the wastebasket, so there is no point in writing. Petitions and form letters are also useless, even to your own congressman.)

Not that you will have the standing of even a very junior banker. You are merely a tax victim, after all. But what really counts is not the actions of the petty and not-so-petty crooks who comprise the congress, but the changes taking place in the hearts and minds of the American people and people around the world.

There Ron Paul has won an historic victory, no matter what the official criminal class does. The Fed today stands on far shakier ground than at any time since 1913. Let’s have an earthquake. !

PS: Need I note that Ron was taken to the mountaintop by these creeps, and offered rewards if only he would go along? When will the Dems learn, and the Repubs too, that they are dealing with a man of iron principles, and iron will, for liberty, sound money, and peace, who cannot be bought, nor influenced for evil? Never, I guess. To both government parties, he is an alien — a diamond in a dump.




R.I.P. America,
Fred