Yesterday afternoon around 3:00, it finally happened. Two thirds of the House of Representatives joined together to pass Ron Paul’s “Audit the Fed” bill, legislation requiring a full audit of the Federal Reserve. Here’s the roll call.
Those of you who know me know that I’m no small fan of the Good Doctor, so I was elated to hear the news. All but one Republican and about half of the Democrats voted for this bill. I jotted down a few thoughts after the vote was taken.
This has been a long time coming.
Ron Paul first went to Congress in the 1970s because he understood the problems that would come if we didn’t correct our fiscal policy. He’s worked a long time to bring some sanity to the way we handle money. He has stood his ground on fiscal issues, and now, finally, he’s got some people standing with him.
Who even knew what the Federal Reserve was five years ago?
It took both parties in Washington taking our country to the brink of bankruptcy, but finally people started to question what was happening with our money. And when they started questioning, the found this one guy in Washington who was still saying the same thing he had been saying for decades.
The libertarian voice is a good thing.
We need the libertarian voice inside the Republican Party. Without it, there certainly wouldn’t be anybody calling for an audit of the Federal Reserve. But beyond that, we need its presence for the competition it brings to the party. Competition benefits everyone, and this libertarian voice in the party is helping steer us in the right direction.
Harry Reid is about to show his true colors.
This bill (finally) got through the House, but Republicans don’t have a majority in the Senate. Harry Reid isn’t up for re-election again anytime soon, and he’s under no obligation to push it through the Senate. Pressure online is already building, and hopefully we can get him to bring it forward for a vote. If Reid wasn’t a fan of the Paul family before this, just wait until they turn up the heat on Reid over this bill.
Call your senators.
At this point, we need two things from our senators. First, we need their support of this bill. There are a lot of senators who won’t do the right thing without a lot of pressure from voters, so we need the pressure on this to be high. Second, we need them to be pressuring Harry Reid to bring this bill up for a vote.