Ok, Even though I am a RP supporter, what good does this do? Until all those restrictions are done away with, any bill to "audit" the Fed is useless. The very things that should be investigated, are out of bounds. Like telling a homicide detective, "You can see everything but the murder scene"
And I can promise, the removal of those will be what kills the bill. It will never pass in it's original form.

What the point of an audit if your going to take all the good stuff out. looks like we are just auditing the toliets and making sure the FED's have enough TP on a quarterly bases.

Originally posted by creepyalien
All government should be totally transparent.
and All people in government.

why do they need to hide their bank accounts?
only if the are getting illegal money.

All government should be totally transparent.
and All people in government.

I have been saying this for years. The only reason why representative government was started was cause it was impossible for the people to govern themselves but today this is not so!
With the inventions of computers and internet every american can choose for themself what our laws should be,
whether we have wars, who we are, what is fair and what is unjust! Representative government today is just a way for the plutocracy to remain that way! If we allow this to continue we will end up, all being homeless and
other countries holding the lease on all our land! We need to see the world for what it is- selfish! We need to stop
letting people who go to washington and allow the corruption to infect their values tell us they know what's best for the ignorant sheeple! DC is a sespool of morally devoid beurocrats who become less then human as soon as
the virus of corruption, blackmail and idle threats enters into the equation! If this continues we will go the way of all the other great nations of history except our destruction will most likely lead to nuclear armagedon! I realize that I see a very bleak future for the road we are on but knowing what i know leads me to draw this conclusion!
This is our world, it's up to us to make it one worth saving and each of us has a responsability to take action to ensure this! God help us to see the light of freedom, equality, unity and transparency!

This bill ought to be called "The Golden Age Bill".

IF it passes it will usher in the most glorious change in American history.

This bill passing the house shows a lot IMO. It show the banking cartel is loosing it's grip on the politicians. And in europe the MSN was just speaking out against the parasite bankers too. I see a shift coming.

For those of you who don't know how legislators' decision-making works, here is what I was told in my American Justice class a few months ago, straight from the horse's mouth, a former Florida Senator:

Legislators do not read every bill that comes up for vote (surprise) . Most of the time the only legislators to read bills are the ones on the committees, and the rest normally depend on the individuals from the committee that they trust to decide how they will vote. Of course every legislator has his or her personal convictions on certain issues, but most of the time it's just a vote with my friends situation.

This particular bill passed the committee unanimously (23 Republicans and 17 Democrats), so if we assume that politicians are going to conduct business as usual, the odds of this bill passing in the rest of the House seem pretty good.

We will see what happens in the Senate.

Does Obama or Romney have an opinion, or is it better for them to ignore it like they ignore Paul and just hope it goes away.With the MSM really ignoring the issue too that helps Obama and Romney, regardless of how the public feels.

strange days, indeed. it appears the divide will widen, my friends. anybody else feel like we're in for an interesting course of events between now and this year's end?

man i hope this passes. it appears as if we've managed to elect some tough no-nonsense congressmen and senators. i'm liking this momentum

if it eventually passes the full House and then becomes law in unaltered or unamended form, will eliminate from Fed audits.

Now there is the word, the word IF. That if is going only going to happen once the economy crashes and those scum are already snug in their SHTF locations. You think they want the mass public to know they have been sending trillions to their banker buddies?

Originally posted by MidnightTide
if it eventually passes the full House and then becomes law in unaltered or unamended form, will eliminate from Fed audits...

HR 459 was unanimously passed by the government oversight and reform committee, and it already has enough co-sponsors to ensure that it passes in the House in its present form. I agree that we have to wait for the Senate to get their act together (and for Obama to put his stamp on it), but I imagine that there is something going on that is motivating all these politicians in the House to pass this bill. Whatever that motivation is, it may light a fire under some Senator's buttocks too.

You think they want the mass public to know they have been sending trillions to their banker buddies?

I think there may be something scarier than banker buddies happening already... at least it seems that way in the House.

Sounds like a good time to call and write your senators to support the amendment to the senate version that actually eliminates the current restrictions on the GAOs ability to audit the fed res..