Sanders Learns Of White House Plans To Kill Fed Audit In New York Times

[t0dd]

Source: TPM

Sen. Bernie Sanders (I-VT) keeps hearing from Rahm Emanuel about his proposal to force a comprehensive audit of the Federal Reserve. But the White House isn't calling to tell him about new plans to kill his amendment.

The White House is hoping to cobble together a separate proposal, to be offered as an alternative to Sanders' backers. The so called "side-by-side" would give them cover to vote down the Fed audit amendment, by offering them them a weaker plan to support.

But Sanders had to read about this plan in the newspaper.

"I read it in the New York Times," Sanders said this morning, after a floor vote on a separate amendment.

Quoth the Times: "he White House and the banking committee chairman, Senator Christopher J. Dodd, Democrat of Connecticut scrounging for ideas for a so-called side-by-side amendment -- an alternate proposal on the Fed that would give senators something to support while offering them cover to vote down the Sanders measure."

"We're going to do everything that we can to win this," Sanders said. "Sixty votes is in fact a pretty high hurdle, but we hope to do it."

Read more: http://tpmdc.talkingpointsmemo.com/2010/05/dis-sanders-learns-of-white-house-plans-to-kill-fed-audit-in-new-york-times.php

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What a disgrace this Administration is.

[Angry Dragon]

1. What happened to transparency in the government

that Obama promised us??

[Enrique]

2. Obama's twelve-dimensional chess

he's got some slick moves. :thumbsup:

[mikelgb]

4. is this checkmate yet?

[alllyingwhores]

9. There's nothing dimensional about it...it's just plain, simple, straight-up DLC...

...lie to your face to get elected and then pretend that you really, really want to follow through with your campaign platform and promises...but you just can't because you have to be bi-F__KINpartisan

...or you just don't have enough votes

...or, oh yeah, you're F__KING OWNED corporate whores...that just don't really give a shit about the majority of people that elected you.

[Guy Whitey Corngood]

17. Wrong,

it's Star Wars holo chess.

[Mojambo]

3. My greatest disppointment with this admin has been just how OWNED by the finance industry they are

And it started early with the appointments of Rahm, Geithner, and Summers.

[OhioChick]

5. Agreed. n/t

[valerief]

8. Yeah, they're the Three Stooges of Democracy. I'd rather have the ghosts of the real Stooges. nt

[dchill]

15. Well and concisely put. nt

[FiveGoodMen]

6. "What a disgrace this Administration is"

And at time when we so desperately needed to start fixing what Bush broke!

[border_town]

YOU KNOW...

I wish I could say I am shockd but I'm not.

[disillusioned73]

7. This is a damn shame

[postulater]

10. I've had a sinking feeling in my gut for ten years now. I thought it would go away.

:puke:

[yurbud]

11. Rahm & DLC are a cancer on the presidency

[polichick]

14. The prez chose both of them - his decision. nt

[NorthCarolina]

12. Change You Can Believe In! n/t

[harmonicon]

16. well...

if "can believe in" = "not surprised in the slightest", that's about right.

Things like this disappoint me, but don't surprise me. I knew that Obama was a very reserved and conservative guy wen I voted for him. I did it thinking that at least an Obama presidency wouldn't make matters worse. I've gotten no more and no less than that. Sure, I was hopeful that I was wrong and big changes would be made, but I haven't expected it.

[polichick]

13. Hey Mr. President - transparency my ass! nt