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SENATE SHOOTS DOWN VITTER AMENDMENT |
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By Doug Digger Eberhardt The
vote for Senator Vitters amendment to Audit the Fed was shot down in a vote by the Senate today. This amendment was to be added to the Restoring American Financial Stability Act of 2010, S. 3217. An attempt at pulling the wool over the People's eyes I had discussed yesterday has succeeded.
See The Federal Reserve Con Game It turns out, the Sanders Amendment,
known as the watered down version of the original Audit the Fed bill, H.R. 1207 that passed the House in a bipartisan vote,
was passed with a 96-0 vote. The concern from those who wanted the Fed to be audited was the fact the Sanders amendment
would not address monetary policy. Monetary policy is the one thing Bernanke and the Fed have been keen on keeping
out of any Fed audit bill. They succeeded. Who Was Most Vocal Against the Original Audit the Fed Bill? Two of the most vocal against the original Audit the Fed bill proposed by House members Ron Paul and Alan Grayson were
Senators Chris Dodd (D-CT) and Judd Gregg (R-NH). These two senators had nothing to lose with their outrage at this
bill from the get go as neither of them are running for reelection in their states. |
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