In Theory TV

Senator Jim DeMint (R-SC) is blocked by Senate Democrat Leadership from having a vote on his amendment to audit the Federal Reserve, 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.

Watch here:

The Campaign for Liberty sent out a mass email to its members yesterday about this event. In an email from John Tate of the Campaign for Liberty sent out on July 6th, 2009:

Earlier today, the first shot in our battle to pass Audit the Fed through the U.S. Senate was fired on the Senate floor by Senator Jim DeMint of South Carolina.

Senator DeMint, who has a well-deserved reputation for taking the battle to the other side in the Senate, once again proved why he is such a valuable ally in our fight to bring transparency and accountability to the Federal Reserve.

A little while ago, the Senate voted to pass HR 2918, the Legislative Branch Appropriations Act. This $3 billion bill contains, among many other things, provisions for GAO audits on certain agencies.

Seizing on a chance to take quick action to bring Audit the Fed up for a vote, and with the GAO provisions in mind, Senator DeMint attached the full text of S 604, the Senate version of Ron Paul’s Audit the Fed bill, to HR 2918 as Senate Amendment 1367 before it was considered for final passage.

However, Senate Democrats refused to even allow a vote on the amendment! That’s right. The internationalist, Fed-loving elite in the Senate used a parliamentary tactic to shut down DeMint’s amendment.

After Senator DeMint brought Audit the Fed to the floor, Senator Ben Nelson of Nebraska raised a “point of order” to prevent a vote, claiming that the amendment violated Senate Rule 16 by “legislating” on an appropriations bill. The Senate president agreed, and the amendment was shot down.

Senator DeMint did not back down, though, and directly challenged Senate leadership by pointing out the other GAO audits contained in the bill. As Senator DeMint listed them off, the Senate president was forced to agree with Senator DeMint that each one he described, all of which would be left in for final passage, also violated Senate Rule 16.

Which tells us at least one thing: the problem wasn’t with “legislating” on the bill or violating Senate Rules (which is commonly done). Shooting down the amendment was about preventing a thorough audit of the Federal Reserve for the first time in its history!

Here are several more videos of DeMint talking about Auditing the Fed.
DeMint on Fox News with Glenn Beck about auditing Federal Reserve

June 24, 2009
Senator Jim DeMint (R-SC) appeared on the Glenn Beck show to discuss the need to pass Congressman Ron Paul’s (R-TX) bill to audit the Federal Reserve.

Geithner to DeMint: Bailouts may never end, no exit plans

May 20, 2009
Sen. Jim DeMint (R-SC) questions Treasury Secretary Timothy Geithner during the Senate Banking Committee TARP Oversight Hearing on whether the bailouts are permanent and if the Obama administration has any exit plans for ending Washington control of the markets. Geithner says Treasury can use the $700 billion indefinitely and there are no exit plans.

Here is a quote from an article from Paul Joseph Watson: Senate Blocks Bill To Audit The Fed As Government Prepares For Second Round Of Looting

Meanwhile, people like Ben Bernanke have committed financial terrorism by threatening an economic collapse if the Fed is allowed to be audited.

Any real audit of the Fed would of course create a giant roadblock for the Obama administration’s plans to launch a whole new program of looting and grand larceny in the guise of a second “stimulus” package.

“We should be planning on a contingency basis for a second round of stimulus,” Laura D’Andrea Tyson, a member of the panel advising President Barack Obama on tackling the economic crisis, said on Tuesday,” reports CNBC.

This is precisely why Senate authorities, bought and paid for by the private bankers that now own the United States, have blocked efforts to audit the Fed, because they know that the fallout will spell disaster for their place on the power peanut gallery and in turn end the ceaseless feasting at the trough of the battered, bruised and shaken-down American taxpayer.

Click the story name above to read the whole article.

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