Misinformation Alert: Barney Frank Never Said That HR 1207 Will Pass In OctoberSubmitted by sharpsteve on Fri, 08/28/2009 - 16:28
By tmartin • August 28, 2009 RonPaul.com
Missing Sentence in Transcript Causes Premature HR 1207 Victory Celebration
Several blogs and forums reported during the past 24 hours that Chairman of the House Financial Services Committee, Barney Frank, said that Ron Paul’s bill to audit the Federal Reserve, HR 1207, will pass in October.
A sloppy and incomplete transcript, which appears to have originated at the Washington Times, is making the rounds. The transcript is missing an essential sentence, which is marked in bold:
That will be part of the overall federal regulation that we are redacting. This will probably pass in October.”
With “This will probably pass in October”, Frank is referring not to HR 1207, but to his own financial regulation bill, which might or might not include some aspects of Ron Paul’s HR 1207. The preceding sentence, “That will be part of the overall federal regulation that we are redacting,” is for some reason missing from the widely distributed transcript, and has therefore been completely ignored by bloggers and commentators.
In recent weeks Ron Paul repeatedly warned against just this sort of thing happening: