MORE AUDIT THE FED NEWS! PAUL WINS COMMITTEE VOTE!

By Elwood Earl "Sandy" Sanders, Jr. in Jindal2012Blog.com on November 21st, 2009

Cong. Ron Paul may have won the biggest win of his legislative carrier since he persuaded regulators to scrap “Know Your Customer” regs in 1999!  (Those regs are now enshrined into law in the USA Patriot Act)

Paul’s amendment, co-sponsored with Alan Grayson of Florida, will be a comprehensive audit of the activities of the Federal Reserve.  The vote was 43-26.  (I thank several places including the Ron Paul News blog.  I think Glenn Greenwald and the Huffington Post explain it best, so I’ll leave it there.

I will add:  No institution in a free republic is above the law or public accountability.  Of course there are secrets that cannot be disclosed to the public or the timing of the disclosure might be injurious; however, the general rule is all are accountable to the people or their representatives.  Find out if your representative is a sponsor of Audit the Fed and if not, let them know.  I personally spoke to Cong. Cantor (I do not claim he saw the light just because of me!) at the Virginia GOP convention last summer. 

PS:  I can’t believe I cited Greenwald, Huffington and Grayson in ONE post!  I might get kicked out as a conservative!  I agree with Greenwald sometimes, almost never with Huffington or Grayson!

UPDATE:  FireDogLake also wrote about the Paul/Grayson amendment.  I’ll surely be expelled as a right-winger now!  If you want REAL bipartisanship, perhaps Paul’s your candidate…

UPDATE II:  I found Greenwald at Lew Rockwell’s blog.  Thanks to Lew.  I don’t agree with him super often but he’s a great source of Ron Paul and related news.

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2 Responses to “MORE AUDIT THE FED NEWS! PAUL WINS COMMITTEE VOTE!”

  1. Randi Richards said:
    November 21st, 2009 at 6:33 pm

    I guess it depends on what you mean by “conservative.” Are you a libertarian, “I don’t care what people do as long as the government stays out of my life” conservative, or are you an “I don’t care how big the government gets, as long as it keeps people from getting gay married, having health care, or smoking marijuana” conservative?

    The latter, I should point out, isn’t really conservative.

  2. Elwood Earl "Sandy" Sanders, Jr. said:
    November 21st, 2009 at 6:49 pm

    Randi:

    I am very close in views to Cong. Paul who is probably a social conservative libertarian. I think there is force in the more socially liberal libertarian position and would rather live in a nation that was socially liberal libertarian than a nanny state.

    Thanks for coming back! I appreciate your comments.

    Sandy

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