‘Audit the Fed’ Bill to be Quashed by Democrats in US Senate Committee

Arlen Williams
Gulag Bound
9/19/2012

The first succinct report I found on this sits at the site of the Republican Liberty Caucus. Granted its nature, we present it here in full (with one phrase emphasized).

Get Audit the Fed a Fair Vote in the Senate
By Dave Nalle – September 17, 2012 at 4:25 PM

Thanks to everyone who called and emailed to help get Ron Paul’s Audit the Fed bill passed in the House by a strong majority. This was a major victory, but it’s just the beginning. The majority of Democrats in the House opposed the bill and their party controls the Senate, which will make it a challenge to even get the Senate version to the floor for a vote.Right now Audit the Fed (S. 202) is being held in the Senate Banking Committee and Chairman Tim Johnson (D-SD) is under orders from Senate Majority Leader Harry Reid (D-NV) not to let it out of committee. If it doesn’t get out of the committee it never even gets a chance for a vote from the Senate as a whole.  Some progress is being made.  The bill now has 32 co-sponsors, even including one Democrat.  That puts some pressure on the House leadership, but not enough…

Related, concerning the pernicious Fed’s QE3, in The Hill: Republicans question whether Fed carrying water for Obama

Ron Paul interviewed on Bloomberg News, July 25, after passage of bill in House…

The complete article, with video of Congressman Ron Paul, is at Gulag Bound.

Related: Time for Ron Paul Fans to Support the Constitution

…No choice is a choice, and with the polls showing a dead-even race every vote that does not go to Romney is effectively a vote for Obama. There’s no debate here; you opt out and you support Obama by default. How can any principled libertarian do that?…

 

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