AUDIT THE FED -- Ron Paul: "Bernie Sanders Has Sold Out And Must Be Stopped" (VIDEO)

Video:  Ron Paul on Sanders' Senate Sell-Out -- May 6, 2010

From Ron Paul's Facebook page:

Bernie Sanders has sold out and has sided with Chris Dodd to gut Audit the Fed in the Senate.  His "compromise" is what the Administration and banking interests want - they'll allow the TARP and TALF to be audited, but no transparency of monetary policy decisions, discount window operations or agreement with foreign central banks.  We need to take aciton and stop this!

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According to Congressman Paul, the new Sanders amendment is essentially the same as the Watt amendment that was defeated in the House last Fall. 

It is supported by the White House, the Federal Reserve and Treasury.

As a possible alternative, Politico reports that Sen. David Vitter (R-La.) wants time to draw up an alternative to the new Sanders amendment, which some in the GOP viewed as "gutted."

Call Senator Sanders' office at (202) 224-5141 and give his staff your thoughts on his last-minute sell out.

After almost 100 years of secrecy, a decimated dollar and trillions in bailout agreements, the American people deserve a completely transparent, independent audit of the Federal Reserve.

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Related stories:

Ron Paul Slams The Watt Amendment: "The American People Are Sick And Tired Of Secret Government" (CLIP)

Tempers Flare In Clash Over Fed Secrecy As Grayson Reminds Watt: "The Road To Hell Is Paved With Good Intentions" (CLIP)

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Comments

[Zarathustra]

Should I be surprised?

[Zarathustra]

Bank Risk Soars to Record, Default Swaps Overtake Lehman Crisis

By Abigail Moses

May 7 (Bloomberg) -- The cost of insuring against losses on European bank bonds soared to a record, surpassing levels triggered by the collapse of Lehman Brothers Holdings Inc., as the sovereign debt crisis deepened.

Hey DB, where is Janet Tavakoli. No book, no news I guess.

[James H]

In case you missed it, here's Alan Grayson's response. Just a touch of crazy, wolfman Grayson here. Enjoy it.

Congratulations, America! You Now Own the Red Roof Inn
http://www.youtube.com/watch?v=pE3oiKuU8UI

[Zarathustra]

I don't trust his motives. He is on the wrong side of every other issue, major liberal socialist.

http://www.youtube.com/watch?v=_TJYXvGe5jo

Volcker, Obama & Timmy Geithner will determine compensation and justification for compensation. Hmmmmmmm.

Grayson has no answers.

[Sagebrush]

The only one making as much sense as Grayson on this subject is Ron Paul. The rest of them have sold out.

[Texas Dar]

There is a hand full of good guys we got to keep. It will be them to show the "New Guys" how it is realy done for the American People !

[nader paul kucinich gravel mckinney]

Sanders compromise is a no go. Full Dr Ron audit only.

[RecoverylessRecovery]

"The only one making as much sense as Grayson on this subject is Ron Paul. The rest of them have sold out."

Ron Paul has stood by the same constitutionalist core philosophy he's had for, what? ..twenty-five, thirty years now? Grayson OTOH is SAYING all the right things so far but he's a first termer and therefore lacks the same track record. I still like him very much tho.

[DailyBail]

I don't trust his motives. He is on the wrong side of every other issue, major liberal socialist.

http://www.youtube.com/watch?v=_TJYXvGe5jo

Volcker, Obama & Timmy Geithner will determine compensation and justification for compensation. Hmmmmmmm.

Grayson has no answers.

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sounded to me like cavuto was having a bad day...