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California Senator Dianne Feinstein responds to a letter asking to support FED Audit legislation

A thread here on DP had a great kit to petition state representatives that they support the stronger legislation on Auditing the FED:

http://www.dailypaul.com/240080/everyone-unite-behind-rons-a...

(yes it also is about the initiative of Senator Paul). So I did use this
link - and you should too - for Eshoo, Boxer and Feinstein in CA who represent me. So far got a full response only from Feinstein. Her response is revealing:

Response From Senator Dianne Feinstein:

"Thank you for contacting me to express support for legislation to increase transparency at the Federal Reserve. I appreciate hearing from you, and I welcome the opportunity to respond.

I agree that the trillions of dollars deployed by the Federal Reserve to stabilize the economy should be accounted for. On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), which includes requirements for a complete audit of the Federal Reserve's emergency lending activities during the financial crisis. Specifically, this legislation requires that the Government Accountability Office (GAO) publish a full audit of the loans and other assistance provided to financial institutions during the economic crisis. The GAO is also empowered with ongoing audit authority over any future emergency lending activities, but is not authorized to directly review key monetary policies such as the setting of interest rates. I believe this legislation takes appropriate steps to prevent the politicization of monetary policy while still promoting transparency in the use of public funds.

Senator Rand Paul (R-KY) has introduced legislation that would require an additional audit of the Federal Reserve. The "Federal Reserve Transparency Act" (S. 202) would remove all existing restrictions on GAO audits, including confidentiality restrictions. I have some concerns that a more expansive audit, including a review of monetary policy, could prevent the Federal Reserve's Board of Governors from making key decisions free of outside political influence. This legislation is currently awaiting a vote in the Senate Banking Committee, of which I am not a member. However, please know that I have made careful note of your support for increased transparency of the Federal Reserve, and I will keep your thoughts in mind should this or other relevant legislation come before me for a vote.

Once again, thank you for writing. If you have any additional questions or concerns, please do not hesitate to contact my Washington, D.C. office at (202) 224-3841. Best regards.

Sincerely yours,

Dianne Feinstein
United States Senato

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Did you remind good old Feinbucket (Feinstein)

that she is bought and paid for, so her response was very predictable? That woman will burn in hell when the end comes, and I will be very happy when that day comes for her. I have written this woman/Socialist/Commie on numerous occasions, and she really does not think her shittt does not stink, and she thinks she knows what is best for everyone, even when we write her and tell her differently. Don't waste your time, print, or breath on this BITCH, she is evil, and if given the chance I would tell that to her face.

is there a way for senators like CA Feinstein...

...to change there mind? She already co-won handsomely the primaries June 5 and will be on the ballot in November against a newcomer Ensen (know from a lobby on autism).

Ron Paul ... forever.

Some revelations from GAO about 4 trillion of the 2008 bailouts

I know that what we want is to end the FED. Not so quick! First the people should know everything about their criminal sheningans. Perhaps the the idea of end-the-FED will become as sane as... Ron Paul talking.

"(...)A Sanders provision in the Dodd-Frank Wall Street Reform Act required the Government Accountability Office to investigate potential conflicts of interest. The Oct. 19, 2011 report by the non-partisan investigative arm of Congress laid out the findings, but did not name names. Sanders today released the names.

"This report reveals the inherent conflicts of interest that exist at the Federal Reserve. At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks and corporations in America that were well represented on the boards of the Federal Reserve Banks. These conflicts must end," Sanders said.(...)"

http://www.commondreams.org/headline/2012/06/12-9

Ron Paul ... forever.

Diane Feinstein

is a fascist.

Our state almost has a trillion dollar defecit and the voters here keep re-electing her. Really??

The votes are rigged...

and she knows who to snuggle up with in Washington...

Yea, but I also wouldn't be

Yea, but I also wouldn't be surprised if the populace in this state was ignorant enough to vote for her due to incumbent status.

Colin Peterson in Minnesota CD-7

which is my congressman, gave me the same song an dance about the FED. I plan on writing him soon about all the corruption between the EPA, FDA and Monsanto. When he returns a nice letter about how great Monsanto is, I will point out in a return letter about him receiving $10,000 every year from Monsanto.

Gold standard: because man can not be trusted to control his greed

In English...

'Fuck you. I dont want to expose corruption because im just as corrupt.'

Signed,

Typical Politiciam

'Peace is a powerful message.' Ron Paul

Anyone check out all county REP election results?

Santa Cruz over 25%????
How did my county, Mendo, that can't muster a Meet-up beat Sonoma????
Why did Ron do less that 10% in so many counties, counties he spoke in????? Something is wrong http://vote.sos.ca.gov/returns/president/party/republican/co...

good you bring it up

I also tried to check if my ballot was received (only God knows how it was counted).

before June 5 I saw it has not arrived yet. But now I do not see this box.

Ron Paul ... forever.

Same happened here in Bakersfield to at least

10 people I know. I think our votes were thrown out.

This reply, word for word, is

This reply, word for word, is the same response I got from my senator in Illinois in response to my email urging him to co-sponsor.. I wonder if it's set up so we drop the pressing of the issue and leave it alone? Either way, I'm not liking the fact that it's a prefabricated autonomous response. Something doesn't add up.

Sage

Sage - we are learning something important

So if anyone sees resemblances in their responses - do bring it up here, OK?

Ron Paul ... forever.

Just remember this about that Harlot

This Political WHORE will bend you over and shove it up you no matter what you say.

http://www.youtube.com/watch?v=Z4ixxFhvY2k

Well now I'm confused.

If under Frank-Dodd the GAO can audit the Fed on emergency expenditures and since F-D, we've had 3 QEs, 2 debt-ceiling raises, The Stimulus, TARP, saved GM, bailed out every EU country, ad nauseum...

Why did it take Dr. Paul almost three years since F-D to get a lousy 7,600 pages, FOIA no less, from the FED? Guess 'emergency' means something different up there.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina

Dodd-Frank

allowed the GAO to audit emergency expenditures ONE TIME up through July 2010.

Dodd-Frank also kept 4 restrictions placed on the GAO when auditing the Fed. Two of the restrictions prevent the GAO from auditing monetary policy decisions and agreements with foreign central banks. HR 459 and S 202 will remove all restrictions placed on the GAO.

yeah, you are right

she even states, "...the financial crisis" My bad.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina

Bingo - so extrordinary actions (TARP), not ordinary (FOMC)

So, regular open market operations will not get an audit.

And, as the person above rightly mentioned, sweetheart deals between central bankers - like the "dollar swap" lines that give European banks better terms than AMERICAN ones (!) are off limits.

CA Senator Boxer

is much more likely to support S 202 than Senator Feinstein.

Boxer co-sponsored the original Audit the Fed in the Senate two years ago but of course voted against it later.

Senator Boxer (BoxAss) is no different...

than Feinbucket. They are all same, they cater to those in control, and not to those they are supposed to represent "The People". Neither one respresent me, or the majority of those I know in the Central Valley of California.

lol

lol

what a scunt. sorry i've

what a scunt.

sorry i've nothing more productive to add. sometimes, calling someone a scunt is all that's left to be said.

skunt is the censored word,

skunt is the censored word, spelled differently here...

let's see if there's air under this kite.

"free of outside political influence"

What moronic hypocrisy. Democrats like Feinstein advocate government intervention in just about every aspect of society, yet the Federal Reserve should be free from political influence?

Even the uterus and unions do not get this kind of protection from Democrats.

Yeah

It's just code for 'abdication of duty'. Pawned their FED oversight off on that other politically independent group, the GAO, so they could get back to campaigning.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina

they all ready make political

decisions at the Fed.
Is she crazy, or just high?

"OH NO! He has a SON?" Neoconservatives and Liberals EVERYWHERE!

Rand Paul 2016

Feinbucket (Feinstein) has been hanging out with...

all the wacked out folks in the California prisons, or the freaking fish she protects that aren't even from California that deny water to farmers to grow food.

I'll write her

I thought Feinstein win with 72% so I was looking it up and on the way I came across congressional district voter registration:
http://www.sos.ca.gov/elections/ror/ror-pages/15day-presprim...

I think most these GOP registrations are for Ron Paul way to go!

I think we should find the most harsh Democrat critic

of the audit the fed bill and send them one letter telling them that if they do not sign on to the bill and vote for it we will fully back the Republican opponent. If the do not agree to it we should money bomb their opponent and make sure they are defeated. This would scare the crap out of any individual running for office and the next time we send out a letter it would be listen to.