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First Audit Results In The Federal Reserve's 100 Year History
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Report; Posted on: 2012-09-01 21:52:04 [ Printer friendly / Instant flyer ]
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When you have conservative Republican stalwarts like Jim DeMint(R-SC)
and Ron Paul(R-TX) as well as self identified Democratic socialists like
Bernie Sanders all fighting against the Federal Reserve, you know that
it is no longer an issue of Right versus Left.
Rep. Ron Paul (R-Tex.) wins (again) the most significant victory of
his congressional career. He has taken his pet issue since the 1970s–the
unwarranted power and secrecy of the Federal Reserve–from something
pretty much no one but him cared about six years ago, through a bestselling book and
mass movement by 2009, the second time he’s gotten the House of
Representatives to vote to widen the government’s powers to audit the
Fed’s activities.
Huffington Post with details about the vote , and on Paul’s Democratic ally equally upset with the Fed’s lack of transparency, Rep. Dennis Kucinich (D-Ohio):
In a rare moment of bipartisanship, the House
overwhelmingly passed a bill by Rep. Ron Paul (R-Texas) to audit the
Federal Reserve.
The first ever GAO (Government Accountability Office) audit of the
Federal Reserve was carried out in the past few months due to the Ron
Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last
year. Jim DeMint, a Republican Senator, and Bernie Sanders, an
independent Senator, led the charge for a Federal Reserve audit in the
Senate, but watered down the original language of the house
bill(HR1207), so that a complete audit would not be carried out.
More...
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News Source: Beforeitsnews.com
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