Update From Senator DeMint on Ron Paul's Bill (S604 and HR1207) To Audit The Federal Reserve (Clip)
Jul 9, 2009 at 9:03 PM
DailyBail in audit the fed, bailouts, bank bailouts, debt monetization, economic video, federal reserve, federal reserve, federal reserve investigation, hr 1207 ron paul, s. 604, senator jim demint

Independent Socialist Bernie Sanders and Conservative Republican Jim DeMint both supported       S 604 (officially the Federal Reserve Sunshine Act of 2009) which is the Senate version of Ron Paul's HR 1207.  As readers know, the Senate Democratic leadership in concert with President Obama, blocked and effectively derailed the attempt to audit the Federal Reserve, which would provide much-needed transparency into the details of the Fed's $10 trillion plus in bailout commitments.

The best line from host Judge Andrew Napolitano:

"The job of the CIA is to steal and to keep secrets...yet we know more about the CIA than the Federal Reserve."

And from DeMint, we have this beauty beginning at the 3:20 mark:

"All we need is to get it up for a vote and most Senators would be ashamed to vote against it.  So I'm going to keep bringing it up as amendments to different bills and if we can get it on a Senate bill, then it will meet the House side...Nancy Pelois is going to keep this from coming up in the House, I think, no matter how many co-sponsors they get, just because she is cooperating with the Obama administration to keep the secrets that the Federal Reserve doesn't want us to know about."

DeMint also expresses the fear of many who believe the Fed will simply monetize the debt by continuing to purchase Treasuries through its so-far failed program of quantitative easing or queasing as some have called it.

Queasing is defined as "The official government doublespeak for printing money out of thin air."

 

    

All you need to do to help is email this story to a few friends.  Creating greater awareness among the sheeple is the only way we're ever going to stop the heist.  Send 2 emails and I'll get off your back.  Thank you.

 

Demint offers some hope for fans of H.R. 1207, Ron Paul's bill to audit the Federal Reserve.

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.