Title: Ron Paul’s Audit the Fed Bill Overwhelmingly Passes in the House Source:
Infowars URL Source:http://www.infowars.com/ron-pauls-a ... helmingly-passes-in-the-house/ Published:Jul 25, 2012 Author:Infowars.com Post Date:2012-07-25 17:31:52 by hondo68 Keywords:require additional disclosures, vote was 327 to 98, It needs Senate approval, conduct in-depth audits Views:195 Comments:8
Ron Pauls bill to audit the Federal Reserve has passed overwhelmingly in the House. It cleared a suspension of House ruled requiring a two-thirds vote. The final vote was 327 to 98 and all but one Republican and 89 Democrats voted yes. The bill had more than 274 cosponsors and faced strong opposition by Democrats and the Federal Reserve.
The legislation will allow auditors to conduct in-depth audits of the private bankster cartels monetary policy operations.
The agreement granted the Government Accountability Office broad authority to examine the operations of the Fed and to require additional disclosures from the central bank, including examinations of the Feds discount window and its purchases and sales of government securities, the Washington Post reports this afternoon.
Prior to passage, Ron Paul said Americans sick and tired of what happened in the bailout and where the wealthy got bailed out and the poor lost their jobs and they lost their homes.
Its time that we stood up to the Federal Reserve that right now acts like some kind of high, exalted priesthood, unaccountable to democracy, said Rep. Dennis Kucinich.
It remains to be seen if the bill will become law. It needs Senate approval and a signature by Obama.
Poster Comment:
Dirty Harry Reid & Mitch McConnell will likely kill it in the senate.
Dr. Paul is planning that this is the door opening to reveal what the FED is doing out of view of the public behind the scenes. The next step is to abolish the greedy low life organization and jail the guilty.