JakeRI
Well-Known Member
http://thomas.loc.gov/cgi-bin/query/D?c111:2:./temp/~c111cMeH1j::
WOO!! 11 cosponsors away from being passed!
WOO!! 11 cosponsors away from being passed!
HR 1207: Audit the Federal Reserve
- Thread starter JakeRI
- Start date
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RenegadeDave
Huge nerd
I'm glad to hear that got traction.
The Atomic Ass
Redefining Sound
I'm not real happy with the language, but it's a start.
JakeRI
Well-Known Member
yeah. obama will probably veto it. but the whole movement is gaining attention, which is awesome. Paul tried this 2 years ago and had 2 cosponsors haha
The Atomic Ass
Redefining Sound
Yeah, I think Ron Paul has a head on his shoulders, and a conscience... But in corruptionton D.C., he can't really do much more than a caged dog during a burglary.
What part would you change and why?
I`m really hoping that this will lead to an eventual abolishment of the FED.
However even if HR 1208 and S604 goes through the House and Senate and
if the central bankers allow Obama to sign it, I fear it will end up a big farce
like the recent stress tests, full of lies and bullshit.
My guess is a veto. His new plan actually "would grant the Federal Reserve increased power in the oversight and management of the largest financial companies in the market". That is just insane and a slap in the face of every citizen.
sevenstringj
Banned
JakeRI
Well-Known Member
My guess is it doesn't get past the Senate and their "banking committee."
thats a good guess
The Atomic Ass
Redefining Sound
What part would you change and why?
My guess is a veto. His new plan actually "would grant the Federal Reserve increased power in the oversight and management of the largest financial companies in the market". That is just insane and a slap in the face of every citizen.
All of it. Change it to the "Abolish the FED act".
And this "new" development changes very little anyway.
JakeRI
Well-Known Member
might not matter considering Obama wants to Expand the powers of the FED
TruthDose
SRS BIDNIZZ
My guess is it doesn't get past the Senate and their "banking committee."
Update: They had a hearing on the 25th (Sept.) and it was pretty good. Tom Woods, author of Meltdown, got Barney Frank all fired up, and its already funny enough to hear him talk. Anyway, nothing got done really. Grayson tore some people up (surprise), but that was all.
Another funny thing is that the governmedia, had it aired at 1:00 AM on CSPAN2...
The Atomic Ass
Redefining Sound
Well that's mighty surprising!
