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Grayson-Paul "odd couple" audit bill gets more support
The Orlando Sentinel ^ | Sep 25, 2009

Posted on 09/25/2009 4:52:12 PM PDT by GoldStandard

U.S. Rep. Alan Grayson, the self-styled progressive Democrat from Orlando, would seem to have little in common with U.S. Rep. Ron Paul, a libertarian Republican from Texas who ran for president last year. But they both share a deep-seated mistrust of government secrecy in general and the Federal Reserve in particular.

Grayson was elected to Congress last year just as the Fed was parceling out the better part of $700 billion to U.S. and foreign banks considered at risk of failure, as part of the Bush (and Obama) administration's response to a worldwide financial crisis. And even as he began trying -- without much success -- to find out from the Fed why some banks got the money they did, Grayson heard about a years-old Paul proposal to authorize the Government Accountability Office to audit the Fed.

(Excerpt) Read more at blogs.orlandosentinel.com ...


TOPICS: Business/Economy
KEYWORDS: 111th; alangrayson; audit; fed; probe; ronpaul
With nearly 300 co-sponsors and today's announcement of support from Chairman Barney Frank, H.R. 1207 is looking like a done deal in the House.
1 posted on 09/25/2009 4:52:13 PM PDT by GoldStandard
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To: GoldStandard

A worthy bill.

Too bad Paul didn’t see backing the troops in Iraq as a worthy effort too.


2 posted on 09/25/2009 4:58:59 PM PDT by Reagan Man ("In this present crisis, government is not the solution to our problem; government is the problem.")
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To: GoldStandard

Grayson is about as liberal as they come. He’s ga-ga over Obama’s socialized medicine proposal, and wants to jack up taxes hugely.


3 posted on 09/25/2009 4:59:19 PM PDT by Brilliant
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To: GoldStandard
"Grayson was elected to Congress last year just as the Fed was parceling out the better part of $700 billion to U.S. and foreign banks considered at risk of failure, as part of the Bush (and Obama) administration's response to a worldwide financial crisis."

And because it was Obama that felt it was urgent to have this emergency bailout bill passed, along with every democrat, and not a dime of it was handed out before Obama took office.

Because of these FACTS, any claims by Democrats and the Obama worshiping media, (and fat disgusting people with bad personal hygiene, dress themselves "stupidly" and make up short fictional films of delusional conspiracy theories) that Obama "inherited" this problem from Bush is full of it.

4 posted on 09/25/2009 5:05:04 PM PDT by Nathan Zachary
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To: GoldStandard; katiekins1; All

While they’re at it...let’s see if they can also audit this...

http://www.zerohedge.com/article/fed-hiding-gold-swap-arrangements-foreign-central-banks

Thanks to Tyler Durden at zerohedge and FReeper katiekins1 for the link.


5 posted on 09/25/2009 5:11:41 PM PDT by PGalt
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To: GoldStandard

Grayson is so far left, he can’t even see Kalifornia from where he is in the Pacific.


6 posted on 09/25/2009 5:17:02 PM PDT by Road Warrior ‘04 ( I'll miss President Bush greatly! Palin in 2012! The "other" Jim Thompson)
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To: GoldStandard; Reagan Man; Brilliant; Nathan Zachary; Bushbacker1; katiekins1

So much more...here...

http://www.zerohedge.com/article/declassified-state-dept-data-highlights-global-high-level-arrangement-remain-masters-gold

Thanks to Tyler Durden at zerohedge and FReeper katiekins1 for the link.


7 posted on 09/27/2009 8:15:28 AM PDT by PGalt
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To: PGalt; All

Slightly off topic but interesting.

Is CNBC For Sale?

http://www.zerohedge.com/article/cnbc-sale


8 posted on 09/27/2009 8:32:41 AM PDT by katiekins1 (Obama=Dicktator)
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