Senate Blocks Bill To Audit The Fed As Government Prepares F
Posted: July 8th, 2009, 12:11 am
Senator Jim DeMint slams Fed’s monopoly, questions where trillions in bailout funds has gone
Paul Joseph Watson
Prison Planet.com
Tuesday, July 7, 2009
A Senate amendment based on Congressman Ron Paul’s successful House bill to audit the Federal Reserve was blocked by the Senate yesterday evening on procedural grounds, as Jim DeMint slammed the Fed for refusing to disclose where trillions in bailout funds had gone, while a top Obama administration advisor called for a second “stimulus” package to be prepared.
Republican Senator DeMint had attempted to get a provision attached to the 2010 spending bill that would have removed restrictions on auditing the Fed’s discount window operations, funding facilities, open market operations and agreements with foreign central banks and governments.
However, the amendment was blocked by Senate authorities who claimed that it violated rules for provisions attached to spending bills.
Of course, when the elite want to get their own legislation rammed through, such as the recent climate bill in the House, it’s perfectly fine for Congressmembers to be prevented from even reading it, for it to have 300 pages added at 3am in the morning before the vote, and for all kinds of pork barrel to be attached. But God forbid should representatives actually try to pass something that would benefit the American people and not the private bankers that are beyond all scrutiny and above the law.
DeMint said that the Fed has enjoyed a monopoly over money and credit in the United States since 1913 yet has never been transparent or accountable to Congress, while during that time the dollar has lost 95% of its purchasing power.
(ARTICLE CONTINUES BELOW) with video
Senate-blocks-bill-to-audit-the-fed
Paul Joseph Watson
Prison Planet.com
Tuesday, July 7, 2009
A Senate amendment based on Congressman Ron Paul’s successful House bill to audit the Federal Reserve was blocked by the Senate yesterday evening on procedural grounds, as Jim DeMint slammed the Fed for refusing to disclose where trillions in bailout funds had gone, while a top Obama administration advisor called for a second “stimulus” package to be prepared.
Republican Senator DeMint had attempted to get a provision attached to the 2010 spending bill that would have removed restrictions on auditing the Fed’s discount window operations, funding facilities, open market operations and agreements with foreign central banks and governments.
However, the amendment was blocked by Senate authorities who claimed that it violated rules for provisions attached to spending bills.
Of course, when the elite want to get their own legislation rammed through, such as the recent climate bill in the House, it’s perfectly fine for Congressmembers to be prevented from even reading it, for it to have 300 pages added at 3am in the morning before the vote, and for all kinds of pork barrel to be attached. But God forbid should representatives actually try to pass something that would benefit the American people and not the private bankers that are beyond all scrutiny and above the law.
DeMint said that the Fed has enjoyed a monopoly over money and credit in the United States since 1913 yet has never been transparent or accountable to Congress, while during that time the dollar has lost 95% of its purchasing power.
(ARTICLE CONTINUES BELOW) with video
Senate-blocks-bill-to-audit-the-fed