Yesterday, the House voted 327-8 to pass Ron Paul’s “Audit the Fed” bill. But the legislation is dead on arrival in the Senate, thanks to Senate Majority Leader Harry Reid who has vowed not to allow the Senate to vote on it. But it wasn’t always this way with Reid.
What do I mean? Well, video has surfaced showing Harry Reid ardently defending the idea of auditing the Fed back in the 90s. In fact, he believed in it so much he even championed the legislation, according to watchdog govtrack.us.
In the video of the 1995 speech, Business Insider writes, Reid sounds a lot like Paul:
“I have sponsored legislation every year that would call for an audit of the Federal Reserve system. I offer that amendment every year, every year it gets nowhere,” Reid says. “I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve — it’s taxpayer’s money that’s being used there. But we don’t do that.”
“People just don’t care about the Federal Reserve. Maybe it’s because it’s a subject that’s not very interesting — it’s not pornography, it’s not murder, it’s not an issue that deals with the Wild West.”