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Ron Paul: Bernie Sanders 'sold out' on fed audit

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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:24 PM
Original message
Ron Paul: Bernie Sanders 'sold out' on fed audit
this whole thing is crazy. Now we who support the fed audit have to choose whether to rely on Ron Paul's or Bernie Sanders' analysis. Personally, I'll go with Bernie. Real tough call (not).

http://thehill.com/blogs/on-the-money/banking-financial-institutions/96587-ron-paul-says-bernie-sanders-qsold-outq-on-fed-amendment

Rep. Ron Paul (R-Texas) said Thursday that Sen. Bernie Sanders (I-Vt.) "sold out" on a measure to audit the Federal Reserve.

Sanders agreed to modify the measure in a way that requires audits of the Fed during the financial crisis but not of the bank's monetary policy.

On his Facebook page, Paul lashed out at Sanders. Paul is a longtime critic of the Fed, and pushed audit legislati

(...)
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:27 PM
Response to Original message
1. I would have gone with Bernie too, until I saw
that Geithner and Hank Paulson (and the WH) now support his version.

That doesnt inspire confidence that its really what we're being led to believe.
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:29 PM
Response to Reply #1
3. Enforcement is half of a law.
If it is a sham, then we will know it, and if it is not a sham, it will lead to more audits.
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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:35 PM
Response to Reply #1
7. +1
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:18 AM
Response to Reply #1
16. They are both right.
Ron Paul is right that there were too many concessions.

Bernie Sanders did what he thought he had to do to get the votes.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:19 AM
Response to Reply #1
17. they're both prevaricators, just for different sponsors. don't support either.
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:28 PM
Response to Original message
2. As long as there is no way to move the records still hiding what is going on.
Just reading a few articles on it. It all depends if the Fed will be transparent.

Personally I think it has to be audited and transparent, because otherwise it is just theft due to the effect of secrecy. However how to reach that point has a few paths.

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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:30 PM
Response to Original message
4. If he think's Bernie is a sellout, he must hold the Republican Party in contempt
oh wait, he's a Republican and the reason Bernie has to horse trade is because there's no block of Republicans that can be counted on to do the right thing.
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Kalun D Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:47 PM
Response to Reply #4
9. Bernie is a Sellout
from front to back
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:33 PM
Response to Original message
5. Bernie is about getting as much as you can when you can. He doesn't seem to be a fan
Edited on Thu May-06-10 10:34 PM by Pirate Smile
of waging battles just to celebrate their glorious defeat. He has to deal with the reality of the Senate in order to get anything done. He'll take what is possible instead of pining for the impossible.
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:34 PM
Response to Original message
6. Ron Paul. Calling anyone a sellout
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Kalun D Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:51 PM
Response to Reply #6
10. Tell Us Who
Edited on Thu May-06-10 10:52 PM by Kalun D
He's sold out to, I'm curious, please provide links

Paul is calling for a real Fed audit, they are at the root of all this bank corruption
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Union Yes Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 03:15 AM
Response to Reply #10
27. Paul has one of the worst anti-regulation voting records in the US House.
Deregulators are corporate sellouts.
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 11:45 PM
Response to Reply #6
12. Paul has spent like 20 years on this and finally got the
support needed for it and got it passed in the House. Now the Senate is crapping out on it. Which is cowardly, irresponsible bullshit!
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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 11:49 PM
Response to Reply #12
14. +1
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:33 AM
Response to Reply #6
18. Ron Paul has been consistent on this issue for decades now. He
has not been unable to get people on board to audit the Fed for years. He is no sell-out on this issue. Sometimes even people we don't like, can be right about some things, and he is right about the Federal Reserve. The only reason he has received ANY support lately is because of this crisis, something he warned about in the past.

Geithner is fighting everyone to keep secret the deal that was made between the Fed and AIG and the banks who profited from it. He will not release the names of the banks, or how he came to agree to give AIG 100% of what they lost, (of our money, costing the tax payers billions).

Elizabeth Warren has questioned him, Grayson and others and he is arrogant and dismissive of their requests for information that we are entitled to, but Geithner thinks we are not. He has even refused to answer questions about those banks from the Special Investigator for TARP, Neil Barofsky who some feel is close to indicting him.

Ron Paul is absolutely right. If the banks are off limits, then Geithner wins a round and Elizabeth Warren's influence is diminished.

As Neil Barofsky said 'there has been far too much secrecy and we need to know what went on'. They are fighting for their lives to prevent the investigators and I don't know why Bernie Sanders would give in on such an important point.
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tavalon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 01:44 AM
Response to Reply #18
26. Because he couldn't get it through otherwise
I'm no fan of Ron Paul but on this issue, he has been consistent. He's right, too many concessions were made but Bernie did the best he could.
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Tarheel_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:45 PM
Response to Original message
8. I'm sure Paul's supporters here think he's the bees' knees. Why won't
Paul run as a Libertarian/Independent, and cut his ties with the Repuke Party? I think we all know the answer to that. He's a fuckin' hypocrite. His supporters swarmed this board during the primaries, and they still fail to convince either party that Ron Paul should be it's standard bearer.
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 11:43 PM
Response to Reply #8
11. delete. wrong place. n/t
Edited on Thu May-06-10 11:43 PM by Subdivisions
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 04:25 PM
Response to Reply #8
32. No politician is the bee's knees which we have found
starting in 2006 when Democrats got a majority and then wimped out on every issue they claimed to stand for.

I don't much care anymore which party a Politician belongs to so long as he or she is right about an issue that is important to the people.

And Ron Paul is right about his. I am sure Geithner and Paulson and Goldman Sachs are relieved to see this happen as they ARE hiding something.

Hopefully the Special Investigator will have more luck finding out what it is even if he has to indict Geithner to do it. They use the people's money to bail out their friends, and they have the gall to tell Congress, Elizabeth Warren and the Special Investigator that they are basically not answerable to anyone.

Clearly it is a waste of time to expect anything from this bought-off Congress. I do hope they do not interfere with the Special Investigator, but Paul is 100% right on this issue and it's sad when partisanship gets in the way of the business of the American people.

I doubt however, that the majority of Americans will agree with your dismissal of what he is saying, they too would like to know what does banks have been up to and who the messenger is who is demanding transparency won't much matter to them.
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KonaKane Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 11:46 PM
Response to Original message
13. Ron Paul is a lying gas bag.
I don't know why anyone so much as gives him the time of day anymore. Especially here.
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SidDithers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:08 AM
Response to Original message
15. I'm saddened anytime Ron Paul posts get recs at DU...nt
Sid
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kelly1mm Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:44 AM
Response to Reply #15
19. I am saddened that anyone is saddened by GOOD ideas due simply because
they have a problem with the individual supporting those good ideas.
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Carnage251 Donating Member (302 posts) Send PM | Profile | Ignore Fri May-07-10 12:48 AM
Response to Original message
20. Fuck that repuke
:puke:
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backscatter712 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:49 AM
Response to Original message
21. One difference between Sanders and Paul:
Edited on Fri May-07-10 12:51 AM by backscatter712
Sanders can play the game well enough to get some of his proposals turned into actual law.

He knows when to compromise, and after this compromise, we're still going to see audits of the Fed's emergency bank loans, which is exactly what should be audited.

Sanders also got community health centers into the health care bill - I consider that to be a significant accomplishment.

Ron Paul rants and raves, occasionally says something insanely popular, but his only real accomplishment in the House is to get himself nicknamed Dr. No for opposing virtually everything the House considers. What has he actually got passed into law?
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:52 AM
Response to Original message
22. I'll take a Sanders over any Paul any day.......
Edited on Fri May-07-10 12:53 AM by FrenchieCat
Sanders gets things passed while
Ron Paul runs his mouth and makes noise.

One is useful and successful in his endeavors,
the other one is useless.

One is a Republican,
the other one is as far from it as achievable.
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garybeck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 12:59 AM
Response to Original message
23. delete dupe
Edited on Fri May-07-10 01:00 AM by garybeck
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garybeck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 01:00 AM
Response to Original message
24. you have to realize Sanders understands politics
he wants single payer, but he voted for the HC bill.

he realizes that he's not going to get what he wants all the time, but taking a step in the right direction is better than doing nothing. and it is often the f*ckers that belong to the same party as ron paul, who are the reason why such small steps have to be taken, rather than the real big ones we need.
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chollybocker Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 01:10 AM
Response to Original message
25. I can't believe people (above) are comparing Paul to Sanders.
Is there no bridge too far? Give me a f*cking break.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 03:56 AM
Response to Reply #25
29. Me too.
Edited on Fri May-07-10 04:14 AM by Enthusiast
I am beyond disgusted. I love Bernie.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 04:35 PM
Response to Reply #25
34. there are DUers that buy into the Libertarian FED conspiracy theories
thus it is no shock people anti-FED would side with Ron Paul.
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tkmorris Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 03:39 AM
Response to Original message
28. Ron Paul is a Republican Dennis Kucinich
More properly, a Libertarian Kucinich. As a Liberal I love Dennis, but he is never gonna get any real legislation passed and while I hate that I accept it. Paul is quite similar. He will vote pure, no concessions ever, but in the end he won't matter a whole lot.
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angryfirelord Donating Member (248 posts) Send PM | Profile | Ignore Fri May-07-10 04:07 PM
Response to Original message
30. I don't understand the Paul hate on this one
I don't like his free market ideology, but this IS a sellout. The White House released their approval for this compromise so fast, it makes me wonder if there's anybody honest over there. If we had another Enron on the rise, would any of you turn around and say, "Hey guys, we don't really want to try very hard, so we're only going to audit the balance sheets that you voluntarily give us." I don't think so. Paul's bill had a ton of co-sponsors from both sides and I see no reason why we couldn't pass the same bill in the Senate. I want to know what happened during the financial crisis, so I want to see ALL of the financial statements, not just those that the Fed, the WH, and the Housing and Financial Committees want us to see.

This act by Bernie should be raising alarm bells in our heads because it shows that they're hiding something.
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 04:28 PM
Response to Reply #30
33. Blind partisanship is the reason, nothing more.
And that is what is used to keep the American people distracted. Since Paul is in the right here, anyone who truly cares about issues, and not 'my party right or wrong' would be willing to admit that.
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abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 04:10 PM
Response to Original message
31. bite me Ron Paul
and all of your mean misguided racist followers.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 04:59 PM
Response to Original message
35. As much as I otherwise dislike Ron Paul, and otherwise like Bernie Sanders
Ron Paul is right.
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