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Dems stop Fed Audit Bill
Campaign For Liberty ^ | July 6, 2009 | John Tate

Posted on 07/07/2009 5:54:50 AM PDT by DavidFarrar

Senator Jim DeMint of South Carolina made the first attempt to bring to the floor of the Senate a Ron Paul bill to audit the Federal Reserve. As one would expect, the Dems block the measure.

With raising political pressure for yet another stimulus package, I, personally, can't see how the Dems are going to be successful, if they don't allow the Federal Reserve to be audited first.

The Republican Congressional delegation's new motto should be: Audit first, then we talk about another stimulus.

          ex animo

          davidfarrar

(Excerpt) Read more at campaignforliberty.com ...


TOPICS: Government
KEYWORDS: auditthefed; endthefed; federal; lping; ronpaul

1 posted on 07/07/2009 5:54:50 AM PDT by DavidFarrar
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To: DavidFarrar

Transparency lives!


2 posted on 07/07/2009 5:58:46 AM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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To: bamahead

.


3 posted on 07/07/2009 6:03:00 AM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Always Right

 

 

 

 

 

WHERE?

 

 

 

ex animo

 

 

 

davidfarrar

4 posted on 07/07/2009 6:35:48 AM PDT by DavidFarrar (Constitution, 2nd Amendment,)
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To: DavidFarrar

shouldnt we all jump on this?


5 posted on 07/07/2009 6:36:10 AM PDT by dalebert
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To: dalebert

 

Yes, of course we should. I am not yet convienced the Federal Reserve should be placed into the hands of the government. But it sure as hell should be regulated and audited by Congress.

I also believe Congress must approve the printing of money. Placing that power solely in the hands of the executive branch may yet prove our undoing.

ex animo

davidfarrar

6 posted on 07/07/2009 6:50:13 AM PDT by DavidFarrar (Constitution, 2nd Amendment,)
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To: DavidFarrar
With raising political pressure for yet another stimulus package,...

From where? People did not want the first one. I am sick and tired of democrats ruining my country.

7 posted on 07/07/2009 6:55:48 AM PDT by KC_Conspirator
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To: dalebert

Face book it. Talk about it tonight with your drinking buddies. Post it on a liberal forum. Spread this like wild fire! This is the beginning of the 2nd Revolution folks, and we can win without ever firing a single shot!

We need this reform! This is the change that BHO did NOT deliver. Tell that to your “liberal” (statist) family members and friends. TELL THEM!

~SC


8 posted on 07/07/2009 8:37:17 AM PDT by camp_steveo
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To: KC_Conspirator

Me too. I didn’t want the first one. Nobody wanted the first one, but we got one just the same. It seems to me, most Independents and a good number of Dems would be able to support a demand for an audit of the Fed first, before talk can even begin on another stimulus bill. It would be a very good way to address the stimulus bill initiative. It doesn’t mean Republicans must vote for one...God help those that do though.

ex animo
davidfarrar


9 posted on 07/07/2009 9:51:15 AM PDT by DavidFarrar (Constitution, 2nd Amendment,)
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To: KoRn; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...



Libertarian ping! Click here to get added or here to be removed or post a message here!
(View past Libertarian pings here)
10 posted on 07/08/2009 7:29:14 AM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: DavidFarrar

I got this Monday night from the Campaign for Liberty:

July 6, 2009

Dear Friend of Liberty,

Earlier today, the first shot in our battle to pass Audit the Fed through the U.S. Senate was fired on the Senate floor by Senator Jim DeMint of South Carolina.

Senator DeMint, who has a well-deserved reputation for taking the battle to the other side in the Senate, once again proved why he is such a valuable ally in our fight to bring transparency and accountability to the Federal Reserve.

A little while ago, the Senate voted to pass HR 2918, the Legislative Branch Appropriations Act. This $3 billion bill contains, among many other things, provisions for GAO audits on certain agencies.

Seizing on a chance to take quick action to bring Audit the Fed up for a vote, and with the GAO provisions in mind, Senator DeMint attached the full text of S 604, the Senate version of Ron Paul’s Audit the Fed bill, to HR 2918 as Senate Amendment 1367 before it was considered for final passage.

However, Senate Democrats refused to even allow a vote on the amendment! That’s right. The internationalist, Fed-loving elite in the Senate used a parliamentary tactic to shut down DeMint’s amendment.

After Senator DeMint brought Audit the Fed to the floor, Senator Ben Nelson of Nebraska raised a “point of order” to prevent a vote, claiming that the amendment violated Senate Rule 16 by “legislating” on an appropriations bill. The Senate president agreed, and the amendment was shot down.

Senator DeMint did not back down, though, and directly challenged Senate leadership by pointing out the other GAO audits contained in the bill. As Senator DeMint listed them off, the Senate president was forced to agree with Senator DeMint that each one he described, all of which would be left in for final passage, also violated Senate Rule 16.

Which tells us at least one thing: the problem wasn’t with “legislating” on the bill or violating Senate Rules (which is commonly done). Shooting down the amendment was about preventing a thorough audit of the Federal Reserve for the first time in its history!

Senate leadership is hoping this issue will just fade away so they can get on to what they deem to be more “important” business, like dictating what kind of healthcare plan you and I can carry or passing destructive Cap-and-Tax legislation.

But the American people deserve answers on what the Fed has done with trillions of our tax dollars and what they are committing us and future generations to as part of their secret deals with foreign central banks and governments.

The leadership decided today to turn their backs on transparency, but our fight is just beginning.

As Senator DeMint made clear on the floor, the Audit the Fed bill has wide bipartisan support. He rightly warned the Senate that even if they delay today, they WILL have to deal with the issue on the floor.

It is up to you and me to back up Senator DeMint’s words by making sure the momentum continues to build and the bill comes up for a final vote.

The rejection of the Audit amendment is just the first battle in our war. Now is the time to really put the pressure on the U.S. Senate to Audit the Fed!

Senator DeMint fired the opening salvo and showcased the hypocrisy of the Senate for allowing other GAO audits to be included in the bill while refusing to even allow a vote on Fed transparency.

Again, we’re just getting started. Senator DeMint will keep fighting to pass Audit the Fed on its own or as an amendment, and we need to continue putting pressure on our senators to do everything in their power to achieve a floor vote!

Click here to sign our online petition. And visit our Audit the Fed action page for contact information to call, write, and fax your senators and urge them to support S 604 and to push for a final vote.

Together, we will finish this fight to Audit the Fed!

In Liberty,

John Tate

President


11 posted on 07/08/2009 8:05:15 AM PDT by Bokababe (Save Christian Kosovo! http://www.savekosovo.org)
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To: camp_steveo

republican lawmakers dont want it either.


12 posted on 07/08/2009 4:32:32 PM PDT by dalebert
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To: KC_Conspirator
"I am sick and tired of democrats ruining my country."

Correction, that should read sick and tired of the republicrats ruining our country.

If I'm not mistaken, people on both sides of the fence voted this monstrosity in.

13 posted on 07/08/2009 7:58:50 PM PDT by Mikey (Freedom isn't free, but slavery is.)
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To: Mikey

You are mistaken. Almost all Republicans are behind this and 78 democraps in the house. However, democrap house leadership is blocking this. Senate is another story. Demint is pushing this and no one is listening.


14 posted on 07/09/2009 7:57:19 AM PDT by KC_Conspirator
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To: KC_Conspirator
"You are mistaken. Almost all Republicans are behind this..."

You just made my point. I stated people on both sides and you just stated Almost all republicans.

* * * * * * *

Here's some interesting things to ponder.

I have three volumes of a eight volume set of Banking books from the Federal Reserve (with isn’t federal nor has any reserves) circa 1919. In one of the volumes it states, “The Federal reserve banks are quasi-governmental institutions...”

In that same volume it also states;

“Federal reserve banks may act to retire their own notes. They may return unissued notes on hand to the Federal reserve agent and receive back the collateral which he held to secure them.
Although the Federal reserve banks cannot, of course, draw on any of their notes that are outstanding with the public, they can technically retire such notes by depositing with the Federal reserve agent gold or lawful money to the full amount of the outstanding notes. This amounts to retiring the notes, as the currency has been decreased by the withdrawal of an equal amount of money and all liability for the notes has been wiped out by the deposit of money.”

”It is not to be forgotten that the notes are legal tender to all member banks and to the government for all public dues...but the important point is that they would not be in the hands of the public where they would cause any undo inflation.

The really interesting thing here is all these books were printed in Great Britain and Canada.

How much plainer does this have to be?

Shal ‘ aam
AAPiY
Mikey

15 posted on 07/09/2009 11:22:01 AM PDT by Mikey (Freedom isn't free, but slavery is.)
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To: Mikey

Whatever jackass.


16 posted on 07/09/2009 11:23:30 AM PDT by KC_Conspirator
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To: KC_Conspirator
"Whatever jackass."

Amazing, someone who cannot accept the fact there are people on both sides of the coin that have only their own interests at heart. Instead of saying nothing or just whatever, I get the response of a true imbecile.

None are as blind as those who refuse to see. to vote strictly party politics without the benefit of scrutiny of the one running is in my opinion ignorance on the highest level.

Coming from such a pathetic moron, your comment to me is accepted as a compliment.

17 posted on 07/09/2009 5:35:01 PM PDT by Mikey (Freedom isn't free, but slavery is.)
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To: Mikey

I actually read from the article and website. I can’t even cite one Republican who voted for it. Just because the possibility that maybe some person from the GOP supports it, of which you have no proof yet, you lump everyone into Republicrats. Sophomoric. Makes you the imbecile.


18 posted on 07/09/2009 6:39:23 PM PDT by KC_Conspirator
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