Saturday, September 12, 2009

Is congressman Bart Gordon getting worried?


Tennessee 6th district congressman Bart Gordon may be getting concerned that his lifetime gig in Congress may in danger.

But is he really coming over to the side of the people he represents?






No matter what you may think of the recent town hall meetings, they have garnered the attention of some of the embedded congress members including Mr. Gordon. Getting many letters, phone calls and emails on a number of issues and being questioned in general, Bart is attempting to pacify some of his constituents as the possibility of a challenge in the 2010 election looms.

In May I sent Bart an email urging him to co-sponsor HR 1207 , Audit the Federal Reserve, but his response at that time was non-committal.
I understand your view that auditing the Federal Reserve would provide much needed transparency. As a nation, we must practice fiscally responsible policies to recover from this economic crisis as quickly as possible. The House Committee on Financial Services is reviewing this legislation regarding the role and efficiency of the Federal Reserve. I am not a member of that committee, but will keep your views in mind should a bill come to the House floor for a vote. {Bart Gordon 4/27/09}
Today I received this email saying that he is now a co-sponsor.
Dear Kenneth,
Knowing your support for transparency in our financial system, I wanted to update you on recent action regarding H.R. 1207, the Federal Reserve Transparency Act.
Like you, I believe we need more transparency in our financial sector. You will be pleased to know I am a cosponsor of this bill. The bill would allow the Government Accountability Office (GAO) to audit and make public what assets the Fed is buying and selling.
Chairman Barney Frank, of the House Financial Services Committee, announced he would include language from this bill in financial regulatory legislation this fall. I was pleased to learn of this development.
As we work to recover from this economic crisis, know I will be a voice for fiscal responsibility and sound monetary policy. I look forward to providing responsible oversight of the Federal Reserve {Bart Gordon 9/12/09}
Although a co-sponsor to HR 1207, Gordon doesn't actually say he will vote for the bill but is 'pleased to learn of the development that Frank will include language from this bill in financial regulatory legislation this fall.' So what is he really saying? That HR 1207 will not be voted on or passed 'as is' but will be watered down and neutered inside another bill? That's what it seems to me.

Bart's slight of hand on the issue of the Federal Reserve is transparent. Congress has no intention of allowing a full honest audit. I think most are afraid to. Going against the money could be dangerous to their position and possibly their health.

Frontmen for the Fed, Treasury Secetary Tim "a line that we don't want to cross" Geithner and Ben
"worried that an audit of monetary policy would result in a reduction of the independence of the Fed"
Bernanke will pull out all the stops to make sure an aggressive and full audit doesn't happen.

If bribery doesn't work, threats will. The Fed has more power than most people realize including control of judges. One controlled/bought judge, Alvin K. Hellerstein, who has just denied a freedom of information request for the Fed to disclose where the bailout money went, also has a history of cover-up regarding the attacks on 9/11. The whole system is rigged and there is an interconnection between a number of criminal activities.

So how many of the HR 1207 co-sponsors are just along for the ride attempting to hoodwink their voters and have no intention of allowing a comprehensive Fed audit much less the ultimate goal of serious economists and historians to abolish the Fed entirely? If ever there was an non-partisan issue, the crimes of the federal reserve is it.

Mr. Gordon, along with many other incumbents in Congress, should take a hard look at what their voting actions will be over the next year. There's an increasing groundswell demanding accountability from our representatives. Removing those whose loyalty lies with corrupt banks and corporations is an option gaining momentum.

Bart, you are either with us (we the people) or you are against us.

It's your choice. November 2010 is not that far away.

_____________________

Bart Gordon's voting record

OpenSecrets.org....with campaign contributors

My Congressman MIA

Bart Gordon Turns Towards the Right?

3 comments:

  1. I understand your view that auditing the Federal Reserve would provide much needed transparency. As a nation, we must practice fiscally responsible policies to recover from this economic crisis as quickly as possible. The House Committee on Financial Services is reviewing this legislation regarding the role and efficiency of the Federal Reserve. I am not a member of that committee, but will keep your views in mind should a bill come to the House floor for a vote.

    I wonder how many other people in different districts received the same reply?

    Barney Franks is getting into 1207? The same Barney that was sleeping with one of Fannie Mae's execs while being on the committe that was supposed to track their nefarious doings?

    Judge Hellerstein is the same clown that has been repeatedly delaying the 9/11 victims trial for years.
    Guess the fact that he has a son living in an illegal settlement in the West Bank doesn't influence Hellerstein.

    The gang that controls the Fed stands to lose hundreds of billions a year in interest payments and trillions in money that was stolen outright.
    Those types are not going to give up their golden goose easily.

    If things get too hot, they could always arrange for a 'hijacked' 757 or massive 'al Qaeda' truck bomb to destroy the Fed buildings in DC and New York so they could claim all the records were lost, sorry.

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  2. Yea some congresscritter cares alot you can just tell by the form letter. Corporate personhood and the creation of the federal reserve are two of the biggest mistakes in this nation's history.

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  3. I think nearly everything the Obama administration has done so far has been targeted at shoring up their friends in the banking industry. Providing 'mortgage assistance' seems like a populist move, for instance, but it really, really helped the banks, providing for a recourse to accept less income in lieu of losing the loan entirely and thus losing ever more 'assets'. At least this way, that home is not another one 'marked to market'. So, along with the trillions given them, swapped with them and freed up through relaxed regulation, we also have the government locking people into over-priced homes.

    The banks must fail.

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