Ron Paul's Bill to Audit the Fed Is Now Veto-Proof → Washingtons Blog
Ron Paul's Bill to Audit the Fed Is Now Veto-Proof - Washingtons Blog

Wednesday, September 16, 2009

Ron Paul's Bill to Audit the Fed Is Now Veto-Proof

As Kurt Nimmo previously noted:

[Ron Paul's] Federal Reserve Transparency Act, HR 1207, [is] now up to 232 co-sponsors. It needs a two-thirds vote with 290 members on board so ... Obama will not veto it.

Ron Paul's office has just confirmed that 290 members are now on board supporting the bill.

Here is the list of 289 supporters (plus Paul equals 290).

Obviously, support in the Senate for the parallel bill is crucial. According to Zero Hedge, there are approximately 25 co-sponsors for Sen. Bernie Sanders' S 604 Bill, "The Federal Reserve Sunshine Act of 2009.


  1. Now, let's see if the Fed's don't go on a massive shredding frenzy... "Documents, what documents?!?"

  2. Shredding frenzy? Thats the least of Ron Paul's worries.

  3. It will never happen.
    Its bigger than 9/11

  4. what would he have to worry about? please elaborate this.
    the reply from FED about what could happen if this info was made public should worry every american yet they seem to want this bill to pass and get the truth no matter what. Good for all americans in the long run yet it will probably hurt like hell for a short period if the FED warning is put into effect. On a international level it will be effects that can shake things around in a more or less uncontrolled manner. one can only guess the kaos it will bring...

  5. Yes, but it will both educational and entertaining to watch them pull strings. Who knows maybe a few people will get "suicided".

  6. Congratulations to Dr. No and to America!!
    Tighten your belts because the banks may now deliver on their they did with President Jackson.
    Miami, Fl.

  7. Kennedy was killed for less

  8. I guess we're gonna have to wait and see the temper tantrum these criminal bankers are going to throw. I say lock 'em all up, take our money back and never ever let that happen again.

    Of course there are those 'above' all this who are the ones really controlling things, but we may never know exactly who they are.

  9. This, my fellow Americans should be very Interesting, if it plays out... We shall see!

  10. End the FED is first step. Second will be liberate White House from proIsrael lobby groups dictating US foreing and also domestic policy...
    I trust after 12.9. demonstrations people will keep the presure...peter Czech Republic

  11. On average, every forty-six years, (plus the 9-year gap between market peak and market crash = fifty-five years) for the last three hundred years since the collapse of the South Sea Bubble in the second decade of the 1700s, there have been five more commodity peaks in the world's stock markets, followed by a crash, followed by a depression (and the theft of another generation's wealth.)
    Read from page 146 of "The Great Reckoning" by James Dale Davidson and William Rees-Mogg, Sidgwick & Jackson, published in 1993, when by then we should have known. (Actually, read the whole book.)
    There has been a clockwork nine-year gap between commodity peaks and market crashes over the last five generations.
    Add forty-six years to that (the average number of years between peak and crash) and you have a boom-bust cycle twice every hundred years or once a generation, meaning every generation of working and middle-class citizens, for the last three hundred years has been good and truly and thoroughly plucked:
    · First Time: Commodity prices peaked in London in 1711 The South Sea Bubble burst exactly nine years later in 1720.
    Depression followed.
    · Second time: Producer prices peaked in London in 1763. The London stock market crashed again in 1772 (nine years later).
    Depression followed.
    · Third time: Commodity prices peaked in London in 1816.The London stock market crashed in 1825 (nine years later).
    depression followed.
    · Fourth time: Wholesale prices peaked in New York in 1864. A worldwide assets crash began in May 1873 (nine years later).
    Depression followed.
    * Fifth time: Then followed our beloved Great Depression in the 30s, about which much has been said, from which, little learned.
    Sixth time: Commodity prices peaked some fifty years later in Tokyo, in 1980. The Tokyo stock market crashed in 1989 (again, nine years later). The depression following that crash is now upon us:
    My interpretation of the Davidson, Reese-Mogg observation of these last six economic Tsunamis is that they were deliberate, organized, planned serial orchestrations of theft by the banking cartels:
    Once is an accident, twice is a coincidence, and three times is a Declaration of War.
    Four times is the realization that the Declaration of War fell on the deaf ears of sleeping fools, five times is simple daylight rape and plunder of the same fools' children – the sixth time, this time, Grand Theft, Planet©, is perhaps, hopefully, a lesson finally learned, and do we wake up?
    Yes, we do.
    Add this up: In the context of what I’ve just researched and identified, 1980 plus 46 years means the next commodity peak should be around 2026 and the next crash exactly nine years later, in 2035.
    If you’ve followed my reasoning, you can start planning for your children’s extremely wealthy retirement, because if the goldsmith banking system is not dismantled in favor of local (or nation-wide) currencies based on work rather than debt, the boom-bust business will continue as usual, but at least your kids won’t get ripped off.

  12. The chance of this bill passing the Senate is about on a par of a box of Ben & Jerry's landing on the Sun without melting.

  13. "Now, let's see if the Fed's don't go on a massive shredding frenzy"

    The most likely scenario in my opinion is the one described by Max Keiser - a move by the government to audit the Fed will simply result in a game of "bad debt hot potato" - they'll shift everything dodgy onto the balance sheets of other big banks (citi, JP Morgan, Goldman Sachs, et al.); that way when the auditors come everything will look a-ok. When the auditors turn their backs, it'll be business as usual.

  14. Gerald Celente is right either way. The people WILL revolt. Our "Romania 1989" IS coming very soon!!!

  15. I get the nagging feeling that this is just another fluff n stuff show. Ron Paul has honorable intentions and I DO hope his efforts pan out for us, but the bigger players in the background control more than we realize or can even imagine. Does it ever occur to anyone that this is sport for them? They get their jollies observing we, the little people.

  16. America's waking up, that's a whole lot of people, they can round us up they can hit us with a multitude of weapons, but not everybody is evil, so I believe when the shit hits the fan, we'll have as many generals in our corner if not more.

  17. Death would be one of him main worries. People who try to get rid of or limit the Fed tend to have short lifespans.

  18. I have written the news desks of the Chicago Sun-Times, Chicago Tribune, Wall Street Journal, and Financial Times asking them to give this the coverage is deserves.

    The Sun-Times just did a 4-part series on public pension abuses in Illinois. If they can give that kind of attention to a despicable situation, then they can do for HR 1207.

  19. Ron Paul frequently gives talks around Houston. In them he tells how he usually starts with a lot of enthusiastic-sounding congressional backers but by the time the final vote comes around he is the lone man standing. So, based on history, we can be pretty sure what will happen with this bill: nothing. They'll find a way to wiggle out of their promises or water it down, you'll see. It's honour among thieves, don't you know.

  20. We need it and the Federal Reserve needs to be accountable. But it will not be easy.

    Several theories besides Oswald surround Kennedy's assassination. One of them is that he intended on weakening the Fed. Another was that he was going to demand that Israel give up its nukes. There are others.

  21. I think they are going to do a false flag terror attack of some sort to get the heat off and make a run at completing the take over.
    Be Prepared and know what it is when it happens!

  22. It will be a very watered down bill that will pass that will audit nothing. Most of the information will remain hidden behind an iron curtain.

  23. what about the FDIC statement recently? could this influence to open the iron curtain? people are potentially days from being broke?

    also check the actual report


→ Thank you for contributing to the conversation by commenting. We try to read all of the comments (but don't always have the time).

→ If you write a long comment, please use paragraph breaks. Otherwise, no one will read it. Many people still won't read it, so shorter is usually better (but it's your choice).

→ The following types of comments will be deleted if we happen to see them:

-- Comments that criticize any class of people as a whole, especially when based on an attribute they don't have control over

-- Comments that explicitly call for violence

→ Because we do not read all of the comments, I am not responsible for any unlawful or distasteful comments.