Spencer Bachus; The Truth
This is some of my own raw footage from last night when Bachus was doing a meet and greet. The gentleman in front of me did an exceptional job on asking about how 550 billion USD disappear in 2 hours. This shows how clueless Spencer Bachus is, and he’s the RANKING Minority member on the House Financial Services Committee.
At about 2:14 you’ll see my jab about ENDING The Federal Reserve, and getting brushed off when I stated we need to remove the fiat currency and get out of our markets. His only reply was that he was the one that got Ron Paul on a Subcommittee and that they don’t have the votes. You’d think that some of these people who cosponsored the Audit the Fed bill would at least doing something.
Spencer Bachus held a town hall meeting in Birmingham, Alabama last night. I decided to attend and make my voice heard on who he really is.
Spencer Bachus has been in congress for well over 15 years now. Only recently has his true colors creped into the light.
On October 3, 2008 Congressman Spencer Bachus voted for the Emergency Economic Stabilization Act of 2008, which is bill that created TARP. We all know this as to being a corporate welfare project for the banks who gave out loans to people who couldn’t afford them in the first place, many under the discretion of Congress.
What you may not know is that from 2007 to 2008, Spencer Bachus received over $232,000 from the banking industry, $136,000 of it from their PACs alone.
http://www.opensecrets.org/politicians/summary.php?cycle=2008&type=I&cid=N00008091&newMem=N
Now, who do you believe Congressman Bachus is willing stand up and fight for? The banking industry has stuffed his pockets full of money and he returns the favor. Of course in the end we are the ones who will end up with the bill.
We need more people in Congress who are willing to stand up and realize that it is time to break the shackles of the Federal Reserve. They are the ones who are causing these economic meltdowns by continually expanding and contracting the market place. In turn it causes massive inflation, and that is the tax that most Americans never see.
