Posted in Constitution, Corruption and/or Public Mind Control, Financial Crisis, Freedom, Government Corruption, Income Taxes, Inflation, Republic, Senate, The Federal Reserve, The Matrix, Trilateral Commission, U.S. Government, congress, economy, rights, taxation on Nov 19th, 2009 No Comments »
It will become much easier for our representatives to claim they still support Audit the Fed on the House floor if the Watt version passes, when, in reality, Representative Watt’s amendment puts restrictions on Government Accountability Office audits of the Fed.
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Posted in Constitution, Corruption and/or Public Mind Control, Economic Collapse, Financial Crisis, Freedom, Government Corruption, Income Taxes, Inflation, Lobbyists / Special Interests, NAU, North American Union, Recession / Depression, Republic, Social Security & Medicare, Social Security and Medicare, Stimulus, TARP, The Federal Reserve, The Matrix, Trilateral Commission, U.S. Government, congress, economy, rights, stimulus bill, stimulus package, taxation on Nov 19th, 2009 No Comments »
In a letter to the House Financial Services Committee earlier this month, all eight wrote that they support the type of amendment now being introduced by Rep. Mel Watt (D-N.C.). Watt’s approach purports to increase Fed transparency while it actually would tighten restrictions on any audits that could go forward.
The letter was sent around Wednesday by Watt’s staff to members of the committee in advance of a vote scheduled for Thursday.
Watt’s measure is in competition with an amendment cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), which would repeal the restrictions that Watt leaves in place.
But far from a broad cross-section, the “prominent economists” lobbying on behalf of the Watt bill are in fact deeply involved with the Federal Reserve. Seven of the eight are either currently on the Fed’s payroll or have been in the past.
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Posted in Bailouts, Constitution, Corruption and/or Public Mind Control, Democratic Party, Economic Collapse, Financial Crisis, First Amendment Issues, Freedom, Government Corruption, Income Taxes, Inflation, Lobbyists / Special Interests, Public Concerns, Recession / Depression, Republic, Senate, Stimulus, TARP, The Federal Reserve, The Matrix, Trilateral Commission, U.S. Government, congress, economy, freedom of the press, pork barrel, rights, stimulus bill, stimulus package, taxation on Nov 2nd, 2009 No Comments »
In fact, of $609,072 given to Watt, $217,109 – or 35.6 percent – came from the money sector, including over $187,000 – or nearly 31 percent of his total contributions – from political action committees within the finance , insurance and real estate industry. The next highest industry supporting Watt was labor, which contributed only 14 percent of his total war chest.
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