Ron Paul-Alan Grayson Federal Reserve Amendment Audit Approved

A key house panel approved the Paul-Grayson Amendment by an overwhelming 43-26 margin Thursday afternoon, which will give watchdogs new authority to audit the federal reserve. The amendment removes restriction on GAO audits of the federal reserve a HR 1207 does, make a few changes to take into a account some of the concerns that the Fed has made known in public testimony. The Paul/Grayson amendment open up the entire 2 trillion Federal Reserve balance sheet to a GAO audit. The FED'S recent purchase of 800 million in mortgage backed securities have occurred under the Mortgage Backed Securities Program, authorized under section 14(b) of the Federal Reserve Act. This program is expected to reach the size 1.25 trillion, which would remain exempt even if the all the current 13(3) audit proposals were to go into effect. More importantly, the Paul/Grayson Amendment does not create any additional burden. some competing proposals while making a number of of 13(3) open to audit, take a step backwards by imposing new restrictions on the GAO are more burdensome than the restrictions currently written into law. We as Americans cannot expect these new restrictions. Unlike competing proposals this amendment existing restrictions on GAO audit authority, a necessary precondition for a complete audit. Competing proposals leave these restrictions in place, and even add new ones. Finally, Americans should also, reject the false dichotomy between transparency and independence. The Paul/Grayson amendment would achieve the necessary transparency of trillions of dollars interventions while keeping Congress from directing intervening in the decision making process. Independence should not be synonymous with secrecy. Americans should support the Paul Grayson amendment. Let's make it simple to the average American this amendment would give the GAO the authority to audit the entire Federal Reserve balance sheet, credit facilities and all securities programs.

Rev. Jackson: "Blacks Can't Vote Against Health Care"

The BabyMaker "Rev. Jessie Jackson" on Wednesday was Critical of Rep Arthur Davis Of (D-Alabama) for voting against the Democrats signature health care bill better known as "Obamacare". We even have blacks voting against the health care bill, Jackson said at a reception Wednesday night. You can't vote against the health care bill and call yourself a black man." This remark made by Rev. Jackson surprised many attendees at the reception. held by the Congressional Black Caucus foundation as part of a series of events revolving around the 25th Anniversary of Jackson run for President. Several CBC members were in attendance, including Chairwoman Barbara Lee who introduced Rev. Jackson. Davis is running for Governor of Alabama, is the only African-American member from of Congress from Alabama. Davis, who is running for Governor. He is the only member of the CBC to have voted against the health care bill early this month. Rep. Davis Democratic Party primary opponent, Agricultural Commissioner Ron Sparks, highlighted Davis status as the lone African-American who voted against Obamacare. "He was the only Black Caucus Member to vote against it. I don't get it,"Sparks said last week according to the Associated Press. Sparks is white. Davis voted against the health care bill because "The house leadership approach is not the best we can do. "He said he preferred a version passed by the Senate Fiance Committee because it reduces subsidization of the health care industry, taxes high value heath plans instead of wealthy people, and it is more effective in getting employers to help with heath coverage. Finally, Rev. Jackson is always playing the "Race Card" even against African-Americans who have a policy difference against President Obama. Rev. Jackson should "Retire"but, I forgot he, is addicted to the camera. Written by Mike Soraghan

Less Breast Cancer Screening For Women "Welcome To Obamacare"

The preview of rationing health care under President Obama has already begun with a federal panel calls for less screening breast cancer for women and they have not passed Obamacare through Congress yet. The pathetic new guidelines and recommendations were passed without a "Oncologist Doctor" on this government panel. The government claimed that it would be the championing increased spending and prevention for breast cancer. We now have a government panel wanting to cut back on the number of mammograms preformed, mammograms that could be potentially life saving, because you can get a false positive and feel anxiety. Therefore, most women I have talked to yesterday say, I would rather be safe than sorry. They would rather get the mammogram and have doctors look into a suspicious lump false positive or not, than just shove it off for a few years and end up having cancer in a more sever stage Isn't this what the Obamacare Panel is recommending. These jokers are not just going after mammograms. They don't even want women doing self examinations anymore. This government panel does not want to take a risk of a woman too young finding a lump on her breast and getting it checked out to be safe. That you means that government run health care is spending too much money. The motivation here is clearly not to save lives or to decrease anxiety women get over there mammograms. It is all about the money and how we can keep Obamacare under budget. Finally, God showing us a preview of "Obamacare" and there will be a non-qualified bureaucrats in Washington making decision about your health care.