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Wednesday, July 08, 2009

Senate Torpedoes Fed Reserve Audit

But House plan already has majority support

© 2009 WorldNetDaily

Members of the U.S. Senate today rejected a proposal for an audit of the Federal Reserve, the private institution that virtually controls U.S. interest rates, money supply and other economic influences.

The Senate vote against the plan from Sen. Jim DeMint, R-S.C., was among a series of voice votes on a number of amendments to a spending bill that provides money for Congress' own budget.

According to Roll Call, Majority Leader Harry Reid, D-Nev., had wanted the spending bill approved last month, but DeMint had resisted having the spending approved by unanimous consent.

The DeMint plan was to add an amendment to the spending bill that would have provided for an audit of the Fed to include information about its funding facilities, market operations and any agreements with foreign banks and governments, DeMint told senators, according to Reuters.

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10 comments:

Anonymous said...

Ahhhhhh
The real power in Washington. Hidden by a veil of secrecy. Answering to nobody. Dictating all that happens in America through the control of currency and its flow.

Reconciled1 said...

So much for open government.. and change. The more the change, the more they stay the same.

Anonymous said...

Dems dont want any AUDIT.They want to blame the REP.

Anonymous said...

Democrat culture of corruption revealed.

Anonymous said...

go to youtube and watch zeitgeist 1 & 2 and america freedom to facism. really eye opening movies..

Anonymous said...

9:53
and your choices.

Anonymous said...

Simantics. This is just another Redumblican obstuctionist ploy.

Anonymous said...

The Federal Reserve is neither Federal, nor has it any reserves. It is a PRIVATE, FOR-PROFIT, group of INTERNATIONAL BANKERS who took control of our government under Woodrow Wilson (who they controlled)by the 13th ammendment (which may not have been properly ratified by the States). Our Congress has the power to coin money and regulate its value thereof. Congress never had the power to delegate the duty to a private group of rich elitists. The Federal Reserve is the problem with our Country. It cannot be understated.

Anonymous said...

2:22 wow what an intelligent remark !
The dems are in charge with a filibuster proof congress there's no more blaming republicans if you can't stand the heat get out of the kitchen.

10001110101 said...

hmmmmm sounds synonymous with local government to me.......