July 8, 2009 10:44 AM
Senator Jim DeMint (R-SC) is blocked by Senate Democrat Leadership from having a vote on his amendment to audit the Federal Reserve by Senator Ben Nelson of Nebraska who raised a “point of order” to prevent the vote.
After being blocked, DeMint directly challenges Senate leadership by pointing out the other GAO audits contained in the bill. The Senate president was forced to agree with Senator DeMint.
The bill is based on a bill authored by Congressman Ron Paul (R-Texas) in the House, H.R. 1207, and Senator Bernie Sanders (D-Vermont) in the Senate, S. 604.
More on this topic
(What's this?)
Is the Fed Happy with the Crappy Economy?
(naked capitalism, 7/9/10)
“Technically Incompetent” NY Fed Examiner of Biggest Banks Pre Crisis Promoted for Blowing Up...
(naked capitalism, 8/8/10)
EL-ERIAN: DON’T DEPEND ON THE FED
(THE PRAGMATIC CAPITALIST, 8/10/10)
JIM GRANT SAYS THE FED KNOWS NOTHING
(THE PRAGMATIC CAPITALIST, 7/18/10)







