Fed Reversal

" Hello and welcome to freedom watch your daily dose of raw liberty streaming online -- foxnews.com. I'm your host judge -- in a polyps -- here. Defending freedom defending your natural rights and defending your right to have a government that stays within the confines of the constitution. Congressman Ron Paul's bill to audit the Federal Reserve is not only gaining enormous momentum. It's being joined by additional legislation introduced by senators Jeff -- Mark Lee Democrat of -- again. And Bob cork -- Republican from Tennessee -- But their version waters down congressman Paul's bill. Omits audits of important areas of the Fed's behavior and actually wipes out proper names -- banks and other individuals. What kind of an audit is back. While all this is going on a so called conservative Republican senator Lindsey Graham of South Carolina says. He won't let congressman Paul quote hijacked the Republican Party. Here we go again it's now my pleasure to introduce the object as senator Graham's wrath. One of America's great defenders of freedom and liberty today congressman Ron Paul."

" Joins us from our nation's capital he is of course the author. Of the New York Times best seller and the fed congressman Paul welcome back to freedom watch. I guess it was good thank you thank you I guess it was too good to be true to expect that a lot of Liberal Democrats. Would be serious in their efforts of joining you in wanting to audit the Fed. What the heck are they trying to do in the Senate what kind of an audit would -- be -- important parts of what the Fed does is not covered in the audit. And they don't give the proper names of the people with whom the Fed does business."

" It doesn't do any good -- I mean maybe slight bit under the condition of canceling out what we're doing yes it would be yet. Quite harmful to us. But you know -- I believe is a Republican is doing it. And I would -- off all the Democrats in the house because they're not running the show I think -- this is representing is the effort by the establishment Wall Street by Goldman Sachs by the Federal Reserve saying look. It's distract them from what I've -- on it would do. And I think that's what's going on right now not we will not back down we're gonna demand that -- be a -- honest on the Federal Reserve. "

" Or -- we shouldn't accept it. You know there's there's a couple ways to look at this I remember when you -- lone voice in the congress almost literally. Standing totally alone. In arguing that we all need an audit of the Fed you now have more than half of your colleagues on your side that that's an enormous stride. And it's due totally to your single minded dedication. And they might be an explanation to your colleagues -- the country. Of the need for auditing the -- that's the good side. Bad -- is they're afraid of an -- And they've gotten their allies in congress to try and water it down so it will look like they're going along with the audit. But the fruits of their audit will be better and tasteless and -- and not revealing anything."

" That's right it would be a distraction if anybody become satisfied with this -- most important. Part of my beyond that one. Area that the -- seems to be most resistance to. Is this opening up of the -- what they do with other governments. Other central banks and international financial organizations. And that's where the real shenanigans go on and they don't -- have any part of this and they're gonna for Keon. That they're gonna open up these lending facilities to some degree -- now we're finding out. Where this money went you know domestically. And maybe maybe we will find out a little bit more information but that won't touch the the foreign operations. Because when you think about it when you can make a deal and promised money in loans to foreign central banks to get involved in the market and -- some of your dirty work. I think they're propping up markets and who knows what kind of mischief there involved in so I think they are very very determined to stop. What we're trying to do to get these books open. But the more they obstruct. The more attention we're going to -- in the more. The people of this country will realize how necessary his audience before -- let you go switching gears what does Lindsay Graham worried about. What does he mean Ron Paul might hijacked the Republican Party. He -- give me a lot of credit -- thing that I can hijack the party I'd like to influence the party. I'd like to suggested that they ought to you know follow up on what they claim they believing him. But this this whole idea now I guess he wants to have influenced too bad -- his his views are quite different than mine you know he he supports cap and trade him. He supports many big government programs that he he sees himself as a facilitator he's supposed to give. Half of the highway and if the Democrats want a program you'll get 50% -- claim this is the big victories -- his approach is quite different. Which he has a right to -- this idea that all of a sudden. I'm gonna hijack the party that. I I think if you talk to the young people of this country who may. Well become the leaders of the country and maybe Republicans they -- to listen to what they're asking for I don't think it's the policy of Lindsey Graham and anyway whatsoever. Congressman -- it's always a pleasure thanks for joining us and freedom watch. Thank you."