House approves Ron Paul’s ‘Audit the Fed’ bill

[Butifldrm]

 

House approves Ron Paul’s ‘Audit the Fed’ bill

Rep. Paul Broun. (Associated Press) ** FILE ** more >

 

By Stephen Dinan - The Washington Times - Wednesday, September 17, 2014

Former Rep. Ron Paul’s push to audit the Federal Reserve got another boost Wednesday when the House passed the bill for the second time in three years, and by a bigger margin than before.

The bill, now sponsored by Rep. Paul Broun, Georgia Republican, was approved on a 333-92 vote, with all but one Republican and 106 Democrats in favor of it. That’s a major jump from last time, when a majority of Democrats voted against it.

Still, despite the overwhelming support, the law is likely to die. Senate Majority Leader Harry Reid, who had previously indicated support for such an audit, reversed himself in 2012 and said he wouldn’t let the bill come to to the Senate floor.

Mr. Paul, a long-time congressman who twice ran for the GOP’s presidential nomination, made auditing the Fed one of his chief campaign issues, and it regularly drew loud applause from his followers.

The bill would order the nonpartisan Government Accountability Office to review the Fed’s decision-making — particularly on monetary policy.

Congress established the Federal Reserve a century ago. The system, which consists of a board of governors and 12 regional banks, acts as lenders of last resort to the country’s banking system, and is charged both with fighting inflation and promoting economic growth and employment.

http://www.washingtontimes.com/news/2014/sep/17/house-approved-ron-pauls-audit-fed-bill/

 

 

 

[TBomb]

wow...thanks for this Buti...you know Obama will EO it all away.

[jonjon]

I sure hope their computer hard drives don't crash or they don't just claim the 5th in front of congress.  We should have a real chance at getting to the bottom of the corruption................NOT ! 

[Shabibilicious]

 

..........The bill, now sponsored by Rep. Paul Broun, Georgia Republican, was approved on a 333-92 vote, with all but one Republican and 106 Democrats in favor of it..........

 

It seems the author and the Fed share the same math skills.........FUZZY.     

 

GO RV, and NO BV

[Hooter]

As much as I despise the FED, if their actions are revealed to the world, I think it will cause a financial collapse like the world has never seen. But it has to happen eventually, so we might as well get it over with.

Don't forget to buy your gold and silver.

[divemaster5734]

It seems the author and the Fed share the same math skills.........FUZZY.     

 

GO RV, and NO BV

 

Unless there were 10 non voters.

 

333+92= 425 - 435 = 10

 

Considering 435 total, and am not sure but I think 6 cant vote.

I know the maximum number, and I know that was based on 50 states, calculated by population, and there's several "states" or territories that have non-voting reps.

(DC, Puerto Rico, Guam, etc)

 

Means at least 4 people but up to 10 did not vote.

 

You mean, our elected representatives not sitting in session doing their job????  impossible!!!!

 

Everyone knows they are all so honest, intelligent, hard working, and ethical humans..not a race baiter, collectivist, or deviant among them....

[Shabibilicious]

Thanks for clearing that up for me divemaster......I read the original article over and over....thought my comprehension skills were worse than normal.    

 

GO RV, and NO BV