'On Wednesday, Ron Paul's bill to audit the
Federal Reserve was overwhelmingly passed by the U.S. House of
Representatives. The vote was 327 to 98. You would think that a bill
with such overwhelming support would easily become law.
But it won't, because Barack Obama and
the Democrats plan to kill it. Senate Majority Leader Harry Reid has
already said that the Senate will not even consider the bill. But
of course if Barack Obama called Harry Reid and told him that he
wants this bill to get through the Senate so that he could sign it
then Harry Reid would be singing a much different tune. Sadly, we
all know that is not going to happen.
Barack Obama's good buddy Ben Bernanke
called the Audit the Fed bill a "nightmare scenario" last week, and
Obama is certainly not going to do anything to upset Bernanke -
especially this close to the election. Obama needs Bernanke to do
everything that he possibly can to stimulate the economy so that
Obama will look as good as possible in November. The sad truth is
that there is absolutely no chance that the Audit the Fed bill will
become law and that is a crying shame.'
