Bernie Sanders calls for full audit of Fed

[tsai3904]

Bernie Sanders op-ed in The New York Times:

To Rein In Wall Street, Fix the Fed

By BERNIE SANDERS
DEC. 23, 2015

WALL STREET is still out of control. Seven years ago, the Federal Reserve and the Treasury Department bailed out the largest financial institutions in this country because they were considered too big to fail. But almost every one is bigger today than it was before the bailout. If any were to fail again, taxpayers could be on the hook for another bailout, perhaps a larger one this time.

To rein in Wall Street, we should begin by reforming the Federal Reserve, which oversees financial institutions and which uses monetary policy to maintain price stability and full employment. Unfortunately, an institution that was created to serve all Americans has been hijacked by the very bankers it regulates.

...

In 2010, I inserted an amendment in Dodd-Frank to audit the emergency lending by the Fed during the financial crisis. We need to go further and require the Government Accountability Office to conduct a full and independent audit of the Fed each and every year.

...

More:
http://www.nytimes.com/2015/12/23/opinion/bernie-sanders-to-rein-in-wall-street-fix-the-fed.html

We are already close to the 60 votes needed to pass Audit the Fed. Will this push enough Dems over in support of the bill?

If you haven't contacted your Senators, please do so. If you have a Republican Senator, there's no excuse they should not be for the bill. If you have a Democratic Senator, let them know of Bernie Sanders' stance.

You can find whether your Senator is on the fence here:
http://www.ronpaulforums.com/showth...t-the-Fed-on-January-12-2016-Contact-Senators!

If you're on Facebook, please join this event and invite your friends:
https://www.facebook.com/events/495853697260998/

 

[rg17]

Don't trust Bernie Sanders!

 

[The Gold Standard]

Didn't he vote or speak out against it in the past? And what does he hope to accomplish? You can't have an entire welfare based economy like he wants without someone printing up the money.

 

[tsai3904]

Didn't he vote or speak out against it in the past?

He did, but now that he opposes the Fed's decision to raise rates, he may have changed his mind.

 

[The Gold Standard]

He did, but now that he opposes the Fed's decision to raise rates, he may have changed his mind.

So, they are too tight with monetary policy? LOL. I should have figured.

 

[tsai3904]

Don't trust Bernie Sanders!

I don't trust him but if your Senator is a Democrat, you can use his words to your advantage. Call your Senators' offices and let them know that Bernie Sanders is in full support of Audit the Fed. He is a very popular Democratic candidate for President and Dem Senators will not take his position on issues lightly.

 

[rg17]

I only trust Rand Paul only!

 

[pcosmar]

Fix the Fed ?

no,,

END THE FED

 

[CaptUSA]

Bernie wants more direct government control of the Fed. He doesn't want to remove that power, by any means. He wants that power to be expanded and used as he sees fit.

 

[angelatc]

Bernie wants more direct government control of the Fed. He doesn't want to remove that power, by any means. He wants that power to be expanded and used as he sees fit.

A power that Congress, of which he is member, decided to hand off decades ago.

 

[RJB]

Like pretty much all politicians, the strings of the FED support and animate their actions. Why now?

 

[tsai3904]

Bernie wants more direct government control of the Fed. He doesn't want to remove that power, by any means. He wants that power to be expanded and used as he sees fit.

Agreed.

The issue right now is that there is a VOTE on Audit the Fed on January 12. This will be the Senate's only chance on a vote and once Senators go on the record, they stick to their position. It is extremely important we convince as many Senators to vote FOR the bill regardless of Bernie Sanders' true intentions. He supports an audit so use his words to convince other Democratic Senators to join in support.

This was Ron Paul's signature issue for many years. It's a little disappointing to see the lack of excitement given how close the Senate is to finally passing the bill. Bernie Sanders and Elizabeth Warren have the most influence with Democrats on this issue and we just got one of them to say they support a full audit of the Fed.

 

[CaptUSA]

Agreed.

The issue right now is that there is a VOTE on Audit the Fed on January 12. This will be the Senate's only chance on a vote and once Senators go on the record, they stick to their position. It is extremely important we convince as many Senators to vote FOR the bill regardless of Bernie Sanders' true intentions. He supports an audit so use his words to convince other Democratic Senators to join in support.

This was Ron Paul's signature issue for many years. It's a little disappointing to see the lack of excitement given how close the Senate is to finally passing the bill. Bernie Sanders and Elizabeth Warren have the most influence with Democrats on this issue and we just got one of them to say they support a full audit of the Fed.

Absolutely agree with this.

 

[Brian4Liberty]

I don't trust him but if your Senator is a Democrat, you can use his words to your advantage. Call your Senators' offices and let them know that Bernie Sanders is in full support of Audit the Fed. He is a very popular Democratic candidate for President and Dem Senators will not take his position on issues lightly.

^That.

 

[jkr]

You had your chance you Fuckn sellout
#Berniecomelately

 

[ZENemy]

legalize competing currencies.

 

[Kotin]

Clearly fishin for Ron Paul votes, fuckin socialist piece of shit.


We have good memories, asshole.. We remember when you gutted audit the fed in the senate.

Go fuck yourself, sanders

 

[phill4paul]

Clearly fishin for Ron Paul votes, fuckin socialist piece of shit.


We have good memories, asshole.. We remember when you gutted audit the fed in the senate.

Go fuck yourself, sanders

I'm having some good discussions on how Rand Paul's positions are so damn good even Bernie is stealing from them.

 

[Jan2017]

Don't trust Bernie Sanders!

The Ron Paul bill in the 111th Congress in the House, was introduced in the Senate by Bernie but he changed it to leave out the most important oversights

 

[tsai3904]

A lot of people are missing the opportunity of this. We all know Bernie Sanders is a socialist and wants to use the Fed for his political reasons. This is not new news.

The important news is that he has come out in support of a full audit three weeks before the Senate will vote on the Audit the Fed bill. We are so close to the 60 votes needed and there are many Democratic Senators on the fence. This vote can come down to a few votes. So instead of complaining about Bernie Sanders, we should be using his words to convince his Democratic colleagues who are on the fence to vote for the bill.