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FDL News Desk » Paul-Grayson “Audit The Fed” Bill Passes Financial Services Committee

Today, the House Financial Services Committee passed an amendment to their financial regulatory reform bill that would mandate an audit of the Federal Reserve. The Paul-Grayson amendment, named for its chief sponsors, Reps. Ron Paul and Alan Grayson, passed the committee by a count of 43-26. Supporters of the audit the Fed effort were concerned that a competing amendment by Mel Watt would gut whatever Paul-Grayson added in transparency to the Fed. After heated discussion today inside the committee, it appears that Paul and Grayson have won this round.
1 commentscategory: Congress karma: 158

Showdown: Ron Paul, Alan Grayson Take On Fed in House Committee Today by Art Levine

The fight by financial reformers to hold the secretive Federal Reserve accountable for its role in allowing Wall Street and big banks to spiral out of control - and then keeping secret how it bailed them out - faces its first major test today. The House Financial Services Committee will consider two competing amendments on auditing the Fed. They can't come too soon. Earlier this week, for instance, Citizens for Ethics and Responsibility in Washington (CREW) even filed a lawsuit over the Fed's continuing refusal to disclose the financial institutions that have received federal funds in the last six months - and the terms, if any, of federal assistance. One audit proposal offered by Reps. Ron Paul and Alan Grayson has garnered the backing of the leading reform coalition, the 200-group Americans for Financial Reform and over 300 House co-sponsors for an earlier version. The amendment by the libertarian Republican Ron Paul and Rep. Grayson demands unprecedented auditing of the Fed's actions and public exposure of which financial institutions get its money.

Rep. Alan Grayson on the Number of Dead from Lack of Health Care

Rep. Alan Grayson reads the number of dead from each of the Republican congressional districts if the health care bill doesn’t pass.
4 commentscategory: Congress karma: 154

Congressman Alan Grayson Honors the Dead

Know anyone who doesn't believe people should have healthcare? Send them this post and ask them to watch all 4 videos. Do these people deserve to die because they can't afford health insurance?
3 commentscategory: Video karma: 123

Grayson v. Broun on the Constitution

A bill of attainder (also known as an act or writ of attainder) is an act of the legislature declaring a person or group of persons guilty of some crime and punishing them without benefit of a trial. [which is against the Constitution] http://en.wikipedia.org/wiki/Bills_of_attainder.--- Paul Collins Broun, Jr. (born May 14, 1946[1]) is a Republican United States Representative from Georgia's 10th congressional district. He is a member of the House Homeland Security Committee and the House Science & Technology Committee. http://en.wikipedia.org/wiki/Paul_Broun.---This is Rep. Alan Grayson and Rep. Paul Broun discussing a bill to deny funds to one specific named organization in a Science and Technology markup. Such a bill is known as 'a bill of attainder'. Grayson lends a view of the Constitution, the founders, a Broun's knowledge of the Constitution and the founders. It is brilliant!

Rep. Alan Grayson: "Has the Federal Reserve Ever Tried to Manipulate the Stock Market?"

How can the time expire on sucH important questions as whether or not the Feds ever tried to manipulate the Stock Market; and where did the money go? Watch the beautiful questioning technique of Grayson.
7 commentscategory: Video karma: 137

Not Dead Yet by William Rivers Pitt

For the last several weeks, politicians, political action groups and pundits have been declaring the "Public Option" portion of President Obama's health care reform push all but dead.---Republicans, with typical shoulder-to-shoulder unanimity, have been shouting it down with bull-throated ferocity.--- Democrats, of course, have been going 17 directions at once and, as usual, gotten exactly nowhere; they're for it, against it, sorta-kinda-maybe-yes-no, oh, please, somebody tell me what to think.--- There's a word for this: bedlam.---How all this will eventually shake out remains deeply uncertain, but if the public option is to survive and become part of the final legislation, its proponents have picked exactly the right time to begin a full-court press. Perhaps the most dramatic example of this new drive to save the public option came in the guise of Rep. Alan Grayson (D-Florida), the House member who became an instant folk hero on the left when he described the GOP's idea of health reform as "die quickly." Representative Grayson has launched a web site called namesofthedead.com, which allows citizens to tell their stories of friends and family members who have died due to a lack of health insurance.

Congressman Grayson Wins Another Round - John Nichols

"Florida Congressman Alan Grayson keeps provoking congressional Republicans and their media allies with fact-based challenges to the lies being used to block health-care reform. The insurance-industry stooges keep taking the bait. And the truth about the high cost of delaying needed changes in America's health-care delivery system keeps getting the attention it deserves. Why is Grayson so effective? Because, unlike too many other Democrats and mainstream Republicans, he refuses to be intimidated by the bullying tactics employed by the GOP's "Party of 'No'" caucus" and its accomplices."
5 commentscategory: Progressive Issues karma: 131

10 reasons why Alan Grayson is what's next in politics.

10 reasons why Alan Grayson is what's next in politics.

Congressman Grayson Has Just Begun to Fight -John Nichols

"In fact, Grayson has a lot to teach a Democratic caucus that has not begun to fight for health care reform. While Republicans have been waging a war against reform, Democrats have been in duck-and-cover mode -- until now. Grayson may sound a little over-the-top to some Capitol insiders. Some of his language may unsettle even his allies. But to Americans who this week witnessed the revolting rejection by Democrats on the Senate Finance Committee of even mild reforms like the proposed "public option," the Florida congressman's words will sound like the sanest message coming not just from his side of the aisle but from all of official Washington. "
6 commentscategory: Health and Wellness karma: 165

Rep. Alan Grayson, star of the left

"It comes down to this: Whether they want to believe it or not, the passionate people on both sides of the political divide are more alike than they realize. Both sides believe the party that represents them isn't forceful enough, that it rolls over for its opposition, no matter how malicious that opposition might be. And when they find someone who's willing to say what they think needs saying -- even if that thing isn't really true, even if it involves yelling at the president or accusing opponents of wanting people to die quickly -- they can be energized pretty quickly. If that person is, like Wilson and Grayson, unwilling to give in when the other side starts howling, well, that only adds to their new aura."
1 commentscategory: Miscellaneous karma: 164

At Last, A Democrat With Juevos To Fight GOP Hypocrites: Alan Grayson

He apologized -- to the uninsured dead. Freshman U.S. Rep. Alan Grayson, D-Fla., showed REAL Democrats the REAL way. Don't pull punches with these hypocrites, and call them out on their double standards. After all the right-wing Republican rhetoric about death panels, government takeovers, the "free" market, so-called "choice," and such, we finally saw a Democrat stand up on his hind legs and give as good as "WE" have been getting.
3 commentscategory: Democratic Party karma: 159

Grayson on ‘die quickly’ quip: ‘I apologize to the dead’

GIVE THIS GUY A MEDAL!!!! Well, Grayson has apologized — just not to the Republicans he offended. “I apologize to the dead and their families that we haven’t voted sooner to end this holocaust in America,” a defiant Grayson said on the House floor Wednesday. The “holocaust” Grayson was referring to was the 44,000 Americans that a recent study says die each year because of inadequate access to health care. The representative cited the Harvard study (PDF) in what appeared at first to be an apology, but quickly turned into a retort.
3 commentscategory: Democratic Party karma: 161

Hey Rep. Grayson, Don't Apologize!!

A Congressman from Florida has made some controversial comments that Republicans have compared to "liar crier" Joe Wilson. They are all up in arms and are calling for Rep. Alan Grayson to apolegize, as well as using this to turn Nancy Pelosi's words against her.
11 commentscategory: Congress karma: 154

Rep. Grayson Calls For 'Corporate Death Penalty On Contractors' Who Rip Off Government

When the House of Representatives went after federal funding for the community-organizing group ACORN last week, the bill as written also affected "any organization" that had been involved in a wide range of fraudulent activity and other bad behavior. On Friday, Rep. Alan Grayson (D-Fla.) inserted into the "legislative history" language spelling out that including all fraudulent organizations was, in fact, the intent of the Congress
10 commentscategory: Congress karma: 153

Salon Radio: Rep. Alan Grayson on de-funding corrupt defense contractors - Glenn Greenwald

Rep. Alan Grayson (D-Fla.)pointed out that the bill passed by both the Senate and House to de-fund ACORN is written so broadly that it literally compels the de-funding not only of that group, but also the de-funding of, and denial of all government contracts to, any corporation that "has filed a fraudulent form with any Federal or State regulatory agency." By definition, that includes virtually every large defense contractor, which -- unlike ACORN -- has actually been found guilty of fraud. As The Huffington Post's Ryan Grim put it: "the bill could plausibly defund the entire military-industrial complex. Whoops."
1 commentscategory: Washington karma: 162

Republican Senate Primary Soap in Kentucky Continues

Kentucky Republican Senate Soap Opera continues.....

Fed Lends Two Trillion Without Oversight

"So, you know about the Treasury's $700 billion bailout plan. But you probably don't know that the Federal Reserve has lent out about $2 trillion since September. Few do. And that is what's irritating bulldog Congressman Alan Grayson. Will he be able to shed a light on the Fed's secret spending?"
2 commentscategory: Video karma: 229
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