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The USA 96-0 missile has been launched. Get ready for detonation. OMG.

 
GameOver2us
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05/13/2010 10:29 AM
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The USA 96-0 missile has been launched. Get ready for detonation. OMG.
The USA 96-0 missile has been launched.
Get ready for detonation. OMG.

[link to thehill.com]


Senate approves toned-down Fed audit
By Silla Brush - 05/11/10

The Senate on Tuesday, with overwhelming support, passed legislation requiring new audits of the Federal Reserve.

The 96-0 vote came after Sen. Bernie Sanders (I-Vt.) modified an earlier version of the audit legislation that was strongly opposed by the White House and Federal Reserve. They argued the amendment would compromise the independence of U.S. monetary policy.

The Sanders amendment would require a new audit of the Fed's emergency lending during the financial crisis and a new audit of the central bank's governance. It expressly leaves out an audit of the Fed's monetary policymaking. Sen. David Vitter (R-La.) is still backing the original version of the amendment, which is expected to fail.

Rep. Ron Paul (R-Texas), a longtime critic of the Fed, criticized Sanders for modifying the amendment. The House passed legislation in December with a stronger provision on Fed audits; the two bills still need to be reconciled.

hiding
OMG. Things are getting hot!
Audit-the-Fed Bill Passes 96-0!
The missile has been launched!
OMG. Get ready for detonation!
Anonymous Coward
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05/13/2010 10:34 AM
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Re: The USA 96-0 missile has been launched. Get ready for detonation. OMG.
You need to read the article again !!!

It clearly states that they will audit the Fed Board, not the Fed banks....BIG DIFFERENCE.

Just a dog and pony show to make us believe they are attempting to investigate corruption.

The only reason it passed 96-0 was because the Fed bank sentence was removed before the vote. Beofre the sentence was removed, the vote count was split.
GameOver2us (OP)

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05/13/2010 11:06 AM
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Re: The USA 96-0 missile has been launched. Get ready for detonation. OMG.
The USA 96-0 missile has been launched.
Get ready for detonation. OMG.

 Quoting: GameOver2us


Rachel Maddow- Senate embraces audit the Fed


hiding
OMG. Things are getting hot!
Audit-the-Fed Bill Passes 96-0!
The missile has been launched!
OMG. Get ready for detonation!
Anonymous Coward
User ID: 968401
United States
05/13/2010 11:44 AM
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Re: The USA 96-0 missile has been launched. Get ready for detonation. OMG.
"Just a dog and pony show"
+1

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