Monday, November 02, 2009
Ron Paul: Audit Fed 'gutted' in committee
Transparency in government is a joke.
Most of our elected representatives wrok very hard to PREVENT us from knowing what's going on.
It's time to throw the bum's out!...
Most of our elected representatives wrok very hard to PREVENT us from knowing what's going on.
It's time to throw the bum's out!...
Drew Zahn has the story at wnd.com:
"Rep. Ron Paul, R-Texas, has complained that the bill he sponsored calling for an audit of the Federal Reserve has been "gutted" by congressional committee, pointing specifically to a legislator whose campaign coffers have been boosted by the banking industry.
As WND reported, Paul sponsored H.R. 1207, a bill requiring the Federal Reserve – an organization that's independent from the U.S. government but nonetheless oversees U.S. monetary policy – be opened to oversight by Congress. The plan compiled over 300 co-sponsors in the House before being sent to committee.
But in a telephone interview with a Bloomberg reporter, Paul said the teeth have been ripped out of the bill.
'There's nothing left; it's been gutted,' Paul said. 'This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.' "