Posts Tagged S. 604

Senator Landrieu’s office explains why she hasn’t co-sponsored the bill to audit the Fed

July 15, 2009

Just got off the phone with Senator Mary Landrieu’s office. The aide I spoke with told me that Mary hasn’t yet signed on as a co-sponsor to S.604, “The Federal Reserve Sunshine Act of 2009,” because . . .

The Federal Reserve is a private institution, and Mary isn’t sure whether the federal government has the authority to conduct an audit.

So, just like that, Mary Landrieu’s office confirmed one of the most controversial assertions made by those of us who want to abolish the Federal Reserve. For years we have been told how wrong we are, that the Fed is most certainly an arm of the government.

It looks like Mary Landrieu agrees on that point. But now she is using it as a way to protect the bankers.

Hard to blame her, though. After all, they are the ones who put her in Washington.

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Senate Bill S.604 – Thanks Senator Vitter

So, by now most of us are familiar with House Bill H.R. 1207 introduced by Representative Ron Paul. The house bill would make it legal for the Government Accountability Office (GAO) to audit the Federal Reserve. (Yes, that’s right, the same Federal Reserve that will not tell us where $9 trillion went, is not allowed to be audited right now … unless they say we can!)  That House bill is now up to 232 Cosponsors!

Senate Bill S.604

H.R. 1207 has a related bill in the Senate: S.604.  This bill is vitally important, but is currently struggling with only two cosponsors. I am pleased to say that one of them is our Senator David Vitter. Thank you Senator for taking a stand with us. We appreciate your courage – and believe me, standing up to the international banking elite takes courage.

To the other Senators, with the exception of Senator Jim DeMint and the sponsor Bernie Sanders: SHAME ON YOU! Who do you represent? The people or the banking elite? Bernie Sanders found out who is in control when he asked Federal Reserve Chairman Ben Bernanke to tell him what the Federal Reserve did with $2.2 trillion of our money. Bernanke’s answer was short and to the point: “No”.

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