Ron Paul says Bernie Sanders 'sold out' on Fed amendment

[bobbyw24]

YouTube - Sanders Amendment Update (http://www.youtube.com/watch?v=7II2diHymv4&feature=player_embedded)

By Silla Brush - 05/06/10 10:43 PM ET

Rep. Ron Paul (R-Texas) said Thursday that Sen. Bernie Sanders (I-Vt.) "sold out" on a measure to audit the Federal Reserve.

Sanders agreed to modify the measure in a way that requires audits of the Fed during the financial crisis but not of the bank's monetary policy.

On his Facebook page, Paul lashed out at Sanders. Paul is a longtime critic of the Fed, and pushed audit legislation in the House that drew more than 300 cosponsors.

"Bernie Sanders has sold out and sided with [Sen.] Chris Dodd to gut Audit the Fed in the Senate. His 'compromise' is what the administration and banking interests want," Paul wrote on Facebook.

Paul said transparency of the Fed's interest rate decisions are important.



http://thehill.com/blogs/on-the-money/banking-financial-institutions/96587-ron-paul-says-bernie-sanders-qsold-outq-on-fed-amendment

[adolescents]

he's that jewish guy, right?
http://blog.usw.org/wp-content/uploads/2009/06/bernie-sanders.jpg

[bobbyw24]

he's that jewish guy, right?
http://blog.usw.org/wp-content/uploads/2009/06/bernie-sanders.jpg

Not sure what his religion is; he is a Socialist from Vermont who pretended for a long time to be demanding a real audit of the Fed till the last minute.

Ron Paul and Bernie Sanders: Audit the Fed!

Congressman Ron Paul (R-TX) and Senator Bernie Sanders (I-VT) are spearheading an effort to drag the veil of secrecy off of the Federal Reserve. They were both interviewed on Southern California Public Radio this Monday.

MP3 file at:

http://www.ronpaul.com/2009-10-08/ron-paul-and-bernie-sanders-audit-the-federal-reserve/

[Bobster]

Well he IS a socialist :rolleyes:

[adolescents]

Looks like his fellow IMF "buddies" told him to cut out the nonsense.



Not sure what his religion is; he is a Socialist from Vermont who pretended for a long time to be demanding a real audit of the Fed till the last minute.

Ron Paul and Bernie Sanders: Audit the Fed!

Congressman Ron Paul (R-TX) and Senator Bernie Sanders (I-VT) are spearheading an effort to drag the veil of secrecy off of the Federal Reserve. They were both interviewed on Southern California Public Radio this Monday.

MP3 file at:

http://www.ronpaul.com/2009-10-08/ron-paul-and-bernie-sanders-audit-the-federal-reserve/

[stu2002]

Sanders sucks. I believed in him. Now I see how he really is

[Cowlesy]

//

[BenIsForRon]

I really liked Sanders. I mean, HE DID introduce SR 604. He didn't have to do that. Ron Paul wasn't putting a gun to his head.

So why is he selling out now? What the fuck happened?

[cswake]

My bet is Obama made an offer he couldn't refuse. :)

[specsaregood]

So why is he selling out now? What the fuck happened?

Well yesterday the Fed gave him a small taste of what they could do to the market if they are pissed upon by our legislators. Clearly he got the point.

You didn't think that temporary market crash happening on the same day they decided to debate the bill was a coincidence did you?

[AuH20]

I really liked Sanders. I mean, HE DID introduce SR 604. He didn't have to do that. Ron Paul wasn't putting a gun to his head.

So why is he selling out now? What the fuck happened?

I have an idea how it went down:

RAHM: Under absolutely no circumstances will this bill reach the President's desk! Capiche?!? Bernie you're going to set the democratic party back 40 years if the Fed is audited, and the fragile confidence of the public is disrupted. We're on the precipice of the economic meltdown if we interfere with the intricate workings of the Fed.

[Linus]

"Capisce"

[RonPaulCult]

Ok but - what is Sen. Sander's phone number? We all have to give a call over there and see if we can change his mind.

[AuH20]

"Capisce"

thanks. ;)

[pcosmar]

Wait, wait, wait

Sell Out?

As much as I like Ron Paul he has a huge blind spot. He trusts the enemy.
Perhaps it is a flaw of our system, but that is why we are where we are today.
Sanders never did "sell out". He simply was NEVER a friend.

Anyone that did not see it coming was simply self deluded.
:mad:

eta,, aside from that, If the Audit passed the Fed will simply close up shop and complete the destruction of the economy ahead of schedule. There is no "win" in this.

[AuH20]

Wait, wait, wait

Sell Out?

As much as I like Ron Paul he has a huge blind spot. He trusts the enemy.
Perhaps it is a flaw of our system, but that is why we are where we are today.
Sanders never did "sell out". He simply was NEVER a friend.

Anyone that did not see it coming was simply self deluded.
:mad:

Doesn't it seem that the left especially sends over their moles to infiltrate his camp and almost placate him with overtures of legislation? The establishment right flat out stonewalls him, but the left uses him as an false ally only to subvert him at the very end.

[Theocrat]

Wait, wait, wait

Sell Out?

As much as I like Ron Paul he has a huge blind spot. He trusts the enemy.
Perhaps it is a flaw of our system, but that is why we are where we are today.
Sanders never did "sell out". He simply was NEVER a friend.

Anyone that did not see it coming was simply self deluded.
:mad:

Why did Sanders introduce S.604 then?

[Linus]

thanks. ;)

's okay, a capiche sounds delicious. :D

[pcosmar]

Why did Sanders introduce S.604 then?

To kill The Audit.
:mad:

[AuH20]

My mom who's recently been turned to Ron, said he's just too damn nice and consequently wimpy. At some point, you have to raise hell. Maybe we need a re-appearance of the fiery guy who appeared on the Morton Downey Jr. show all those years ago.

[Theocrat]

To kill The Audit.
:mad:

So you're thinking this was a setup from the beginning, eh?

[bobbyw24]

For Immediate Release
May 6, 2010

Senate Sellout Threatens Congressman Paul’s “Audit the Fed” Bill
Taxpayers Deserve a Full, Transparent Audit of the Federal Reserve by the GAO

Washington, D.C. – Congressman Ron Paul (TX-14) expressed disappointment that his landmark legislation to audit the Federal Reserve Bank – which passed by a wide margin in the House Financial Services committee and has over 319 House co-sponsors – was threatened by a compromise in the Senate today.

More specifically, Paul’s language (passed by the House) to audit the Federal Reserve has been stripped from the Sanders Amendment to the Senate financial reform bill. Instead, the Sanders Amendment now contains softer compromise language that exempts monetary policy decisions, discount window operations, and agreements with foreign central banks from Government Accounting Office (“GAO”) audit.

This is of particular concern when several countries such as Greece, Portugal, and Spain are seeking IMF help in the midst of their financial crises, because American taxpayers provide fully 17% of all IMF funding.

“Taxpayers are weary of bailing out privileged banks and corporations in the US, and we certainly cannot afford to bail out entire countries. The possibility of this happening behind a veil of Federal Reserve secrecy is not acceptable,” stated Congressman Paul. “This compromise language represents a huge missed opportunity by Congress to finally make the Fed accountable for trillions of taxpayer dollars it administers. Full transparency, via a full GAO audit, is the only acceptable option. However, I am grateful to Senator Vitter for offering the original full audit language in an alternative amendment to the bill.”

http://www.ronpaul.com/2010-05-06/ron-paul-full-transparency-is-the-only-acceptable-option/

[Carole]

Wait, wait, wait

Sell Out?

As much as I like Ron Paul he has a huge blind spot. He trusts the enemy.
Perhaps it is a flaw of our system, but that is why we are where we are today.
Sanders never did "sell out". He simply was NEVER a friend.

Anyone that did not see it coming was simply self deluded.
:mad:

eta,, aside from that, If the Audit passed the Fed will simply close up shop and complete the destruction of the economy ahead of schedule. There is no "win" in this.
I disagree that Dr. Paul "has a huge blind spot" and "trusts the enemy".

He simply understands that to further his goals he must attempt to work with the enemy. By that I mean he must use diplomacy. Not for one minute do I believe he was surprised by Sanders or anyone else who double-crosses him.

He has NO power alone as there are 434 other Reps. and 100 Senators he is trying to reach.

Do not be fooled because of his methods. What choice does he have? He cannot force anyone to agree with or cooperate with him. I believe he tries hard, but has both hands tied behind his back while trying. Thirty years of perservance and patience and still he tries.

[pcosmar]

So you're thinking this was a setup from the beginning, eh?

I think TPTB have no interest in transparency. That they have NO respect for the Constitution or Ron Paul.
And they have NO interest in letting the truth come out.

I fully expect to have a One World Money, A One World Government and eventually a One World Leader.

I intend to resist till the end.

[Chester Copperpot]

Ok but - what is Sen. Sander's phone number? We all have to give a call over there and see if we can change his mind.

here it is

(202) 224-5141

[Chester Copperpot]

and when I called the staffer misinformed me the audit was still in place.. SHES talking about the new audit that only involves a one time deal fro the bailouts...

it is NOT the language of S.604 or any real fed audit

[AuH20]

Obama Admin now on board with the toothless bill.

http://www.breitbart.com/article.php?id=D9FHJQVG1&show_article=1

[bobbyw24]

Obama Admin now on board with the toothless bill.

http://www.breitbart.com/article.php?id=D9FHJQVG1&show_article=1

Great Propaganda from the O Administration.

They can claim to the idiotic public [those who get news from CNN, Fox, CBS, ABC] that they supported an Audit of the Fed. Story over.

[specsaregood]

However, I am grateful to Senator Vitter for offering the original full audit language in an alternative amendment to the bill.”


Does anybody know if this has been done yet? does it have a # attached to it?

[AuH20]

Great Propaganda from the O Administration.

They can claim to the idiotic public [those who get news from CNN, Fox, CBS, ABC] that they supported an Audit of the Fed. Story over.

It's amazing their contempt for the people as well as their braindead supporters. It's the ole switch-eroo.

[bobbyw24]

Does anybody know if this has been done yet? does it have a # attached to it?

Posted by Matt Hawes on 05/06/10 6:57 PM

[Flag as inappropriate] [Older: Update on Sanders Amendment]

We've received word that Senator Vitter plans to introduce the Paul-Grayson language as a separate standalone amendment, most likely later tonight.

Honorable Senator:

Please support the Vitter Amendment that that requires a full audit of the Federal Reserve as specified by the Paul/Grayson language.

The Federal Reserve has failed its goals miserably. Their inflationary monetary policy has effectively been stealing 1% a year of purchasing power from everyone's savings account or fixed income for 96 years. A dozen eggs in 1914 were 8 cents, today, in spite of technological advances a dozen eggs cost 20 times more. John Kenneth Galbraith reminds us in his 1975 book Money, that wages lag prices in an inflationary economy.

No other legislation will do more to help all the middle class than to expose and accept the unmitigated failure of our central banking system to provide a sound money, to maintain high employment or to provide stable prices. There is a Chapter in the History of Saginaw County by James Cooke Mills 1918 on Banking. The Michigan wildcat banks of the 1830s caused the same economic turmoil for Michiganders as the Federal Reserve is causing for Americans. Bank Examiner and later Governor Felch uncovered fraudulent Gold reserves which condemned unsavory banks to failure. Michigan was slow to recover from it's government debts but the 1850s were a period of slow steady growth founded on a money based on liquid assets (gold or silver). Michigan’s early failures and fraud have been institutionalized and legalized under the Federal Reserve. Please fully Audit the Federal Reserve.

[CUnknown]

So you're thinking this was a setup from the beginning, eh?

No, of course not, this is rediculous. Sanders is an ally, just a very weak ally. I'm extremely disappointed in him. :mad:

[Imaginos]

Great Propaganda from the O Administration.
They can claim to the idiotic public [those who get news from CNN, Fox, CBS, ABC] that they supported an Audit of the Fed. Story over.
If majority of voters are actually gullible enough to believe this fake audit bill from the establishment, then we are truly doomed.
However, my honest gut feeling tells me that both of neocon 'warfare state rules' voters and mindless 'welfare state rules' dems voters might go along with this propaganda bill.
:(

[BenIsForRon]

Anyone that did not see it coming was simply self deluded.
:mad:

Shut the fuck up. You don't know what Sander's motivations are here, and neither do we.

[RM918]

Shut the fuck up. You don't know what Sander's motivations are here, and neither do we.

I don't think it's necessary to know what his motivations are. It is what it is.

[specsaregood]

You don't know what Sander's motivations are here, and neither do we.

I care little for the motivations when the outcome is a big pile of turds.

[Travlyr]

Shut the fuck up. You don't know what Sander's motivations are here, and neither do we.

Calm down Ben. Some things you can deduce. Like the market tanking 1000 points, Sanders changing his mind, market right back to normal. Coincidence? I think not. Computer glitch? Like that's the first time that ever happened?

[pcosmar]

Shut the fuck up. You don't know what Sander's motivations are here, and neither do we.

From your posting history I take that as confirmation. ;)

[BenIsForRon]

From your posting history I take that as confirmation. ;)

Explain to us, all-knowing one. Why did Bernie Sanders introduce SR604? Why did he then change the amendment in the bill yesterday?

[specsaregood]

Why did he then change the amendment in the bill yesterday?

I think that is obvious for anybody paying attention yesterday.
The Fed showed them how much power they have. Computer "glitch" my ass.

[JK/SEA]

Explain to us, all-knowing one. Why did Bernie Sanders introduce SR604? Why did he then change the amendment in the bill yesterday?

'someone' threatened his family?...my guess....:confused:

[Mini-Me]

Calm down Ben. Some things you can deduce. Like the market tanking 1000 points, Sanders changing his mind, market right back to normal. Coincidence? I think not. Computer glitch? Like that's the first time that ever happened?

I just found out this morning about what happened yesterday, and I too suspect Fed manipulation. That said, I can think of a much more frightening implication than manipulation: Has anyone considered the possibility that they merely stopped manipulating the market for part of the day yesterday, as a threat about just how much the markets rely on their manipulation to stay afloat? That's the kind of thing that would easily shock someone into backing down, unless they were truly principled or aware (like Paul) of the inevitability of collapse. (I do think it's a stretch though to think that the market would quickly fall without constant PPT intervention for a single random day though; if that were actually the case, the conditions would probably have to be so unthinkably bad that no manipulation would overcome them.)

[BenIsForRon]

What "computer glitch" are you guys talking about?

[specsaregood]

What "computer glitch" are you guys talking about?

http://news.google.com/news/search?aq=f&pz=1&cf=all&ned=us&hl=en&q=computer+glitch

The one that wrecked havoc on the market, coincidentally right around when they decided to debate the audit the fed amendment.

Then Sanders defanged the "audit" and the market went back to normal.

[JK/SEA]

What "computer glitch" are you guys talking about?

'fat finger' gate. An 'internal' investigation is forth coming....:cool:

[specsaregood]

Coincidentally enough, Paulson just said in the hearing something to the effect.
"We all know how hard it is to get legislation agreed upon without a crisis." hrmm...

[tpreitzel]

Coincidentally enough, Paulson just said in the hearing something to the effect.
"We all know how hard it is to get legislation agreed upon without a crisis." hrmm...

Stunning. I'd love to have a recording of his words...

[specsaregood]

Stunning. I'd love to have a recording of his words...

Yeah, I didn't catch that part, but I turned on my recorder after that.
I should have a vid later of him saying something like, "Well I wanted UNLIMITED AUTHORITY, but that sounds bad, so we called it MAXIMUM AUTHORITY". I'd have to agree with him.

[tnvoter]

Bernie... what a tool

[ninepointfive]

I'm going to read through the rest of this thread, but I bet the reason he sold out is because his life was threatened! Not that I know much about Bernie Sanders.

or this:


Doesn't it seem that the left especially sends over their moles to infiltrate his camp and almost placate him with overtures of legislation? The establishment right flat out stonewalls him, but the left uses him as an false ally only to subvert him at the very end.