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Victory in auditing the Fed

Something quite amazing happened yesterday in Congress: the House Finance Committee -- in a truly bipartisan and even trans-ideological vote -- defied the banking industry, the Federal Reserve, the Democratic leadership, and mainstream Beltway opinion in order to pass an amendment, sponsored by GOP Rep. Ron Paul and Democratic Rep. Alan Grayson, mandating a genuine and probing audit of the Fed.

More from Glenn Greenwald. Note this has only passed committee at this point.

More Democrats need to get behind these populist type issues or they'll be rightly held accountable for the economy in the 2010 elections and beyond.

By fnord12 | November 20, 2009, 1:31 PM | Liberal Outrage