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View Full Version : YOUTUBE: Ron in Conference Committee on dropping Audit the Fed:




haaaylee
06-16-2010, 01:57 PM
YouTube - Conference Committee June 16, 2010 (http://www.youtube.com/watch?v=EvH1EEzTSjY&playnext_from=TL&videos=RwHcNdFaNQc&feature=sub)


love when he mentions that maybe Dodd will catch it on Youtube :D

someperson
06-16-2010, 02:36 PM
love when he mentions that maybe Dodd will catch it on Youtube :D
I liked that line, too :)
On the audit, though :(

HOLLYWOOD
06-16-2010, 03:03 PM
Dylan Ratigan's show today is ripping on the Fraudster in CONgress on the AUDIT of the Federal Reserve.

Ratigan calls it... GUTS or GUTTING

He had Bernie Sanders on spewing his propaganda BS on the Audit... no challenge from Ratigan on how Sanders gutted the Audit... typical propaganda

Sanders: "The Fed Audit is Strong" :rolleyes:

kkassam
06-16-2010, 03:20 PM
Wow, look at those massive bound stacks of paper in front of RP. That must be some version of the bill.

haaaylee
06-17-2010, 10:10 AM
update:

http://www.huffingtonpost.com/2010/06/16/senate-expanded-fed-audit_n_615197.html

"Senate Accepts Expanded Fed Audit"

mello
06-17-2010, 12:12 PM
Does anyone have an updated list of the a-holes that voted to drop the audit?

sailingaway
06-17-2010, 12:15 PM
Does anyone have an updated list of the a-holes that voted to drop the audit?

I was looking for that too.

I did find this and later heard they were still negotiating, so keep up those calls and emails!

http://www.marketwatch.com/story/legislators-ok-sec-self-funding-in-bank-reform-2010-06-16?dist=afterbell

" WASHINGTON (MarketWatch) -- Democratic lawmakers in negotiations to resolve differences in sweeping financial-reform legislation agreed Wednesday to allow ongoing audits of the Federal Reserve's books, with Senate lawmakers signing on to a broader investigation authority from a House bank bill.

As part of the deal, lawmakers agreed to a one-time Government Accountability Office audit of the Fed's emergency-lending programs. It also includes a House panel provision that permits ongoing audits of the Fed's discount window, a government-lending facility from which banks borrow reserves.

The House-Senate language also requires the Fed to make public the names of banks that borrow from the Fed's discount window and from its emergency-lending programs, but with a two-year delay.

These provisions weren't enough for Rep. Ron Paul (R., Texas), who is seeking much more expansive audits, a firm deadline for them and quicker disclosure of borrowers from the discount window.

Paul told MarketWatch that he is concerned the GAO would not have the authority to audit future emergency-lending facilities nor would it permit audits of the Fed's overseas investments.

"They can make loans to central banks and governments without our oversight," he said....."

more at link