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Rep. Grimm Says Ron Paul Bill Too Radical, 24 Hours Later Is A Co-Sponsor

October 26, 2011

Rep. Michael Grimm, NY13 Co-Sponsors Presidential Candidate Ron Paul’s “Audit the Fed” Bill

New York, NY, October 25, 2011: Just a few weeks after organizing a protest of Rep. Michael Grimm’s endorsement of neo-conservative Mitt Romney (New York Post) for President, Danny Panzella confronted Rep. Michael Grimm at Zuccotti Park in lower Manhattan.

Tea Partiers, many of whom had campaigned to elect Grimm in 2010, were upset with their Congressman for giving his presidential endorsement to Mitt Romney. Romney, who supported the TARP Bank Bailouts and laid the groundwork for Obamacare, is viewed by most Tea Partiers as out of step with the values of Tea Party America.

Rep. Grimm was at the Occupy Wall Street protests to appear on Geraldo At Large on the Fox News Network.
Off camera Mr. Panzella confronted Rep. Grimm on what he calls his “Constitutional mis-representation.”

“You boast you took the oath to the Constitution three times, yet you continually vote in violation of its principles.” said Panzella. “You claimed you were tea party, the tea party worked hard to get you elected, and now you have turned your back on them.”

“His vote to increase the debt ceiling which included the “super congress” piece of legislation is not only a Constitutional violation, it is an affront to representative democracy! I didn’t elect the super congress to represent me, Grimm has no right to hand over the elected power that NY13 bestowed on him to another official.” rails Panzella, a tea party leader on Staten Island.

“I never said I was tea party.” replied Grimm. “If you don’t like what I’m doing then run against me, or maybe you should fight me in a boxing match, for charity.” quipped Grimm.

Danny responded that he “just might” challenge Grimm to a primary, and “I fight with my intellect.”

This confrontation came just days after both Panzella and Grimm appeared on Freedom Watch with Judge Napolitano on Fox News in a public relations war. Grimm accused Mr. Panzella of not being a true tea partier while insisting he himself is not a tea party representative.

“He came into the tea party saying ‘I’m with you guys’ ” Panzella told the Judge. “They worked hard to get him elected.”
Videos of then candidate Michael Grimm show speeches given to tea party groups where Michael says “The tea party is the purest expression of democracy I have seen in my lifetime… they inspire and motivate me.”

He also claims he “shares the tea parties values. So what exactly separates Michael Grimm from the tea party? His voting record.
He consistently votes against tea party principles, voting for increased spending measures as well as raising the debt ceiling, something he promised he would not do.

On Tuesday Oct 25th Rep. Grimm posted this to his Facebook page: I have just become a cosponsor of Rep. Ron Paul’s bill, H.R. 459, to audit the Federal Reserve.

This comes just 24 hours after the confrontation at Zuccotti Park where Grimm told Panzella when questioned that he WOULD NOT support Rep. Ron Paul’s H.R.459 to Audit the Fed because Ron Paul is “too radical” and the bills go “too far.”
Did Mr. Panzella and the constituents who have been calling for support for an audit of the Fed persuade Grimm in just 24 hours to change his mind 180 degrees?

Grimm did say during a campaign debate that he would support an audit, but quickly changed the subject to the NYC MTA.


A full audit of the Federal Reserve, the central bank that prints the US dollar, has been a huge policy demand for members of the Tea Party. After the success of a partial audit revealed that the central bank handed out $16 trillion to banks and corporations throughout the world, criticism of the Federal Reserve and its Chairman, Ben Bernanke, has even taken a prominent role in the ongoing Republican Presidential Debates.
The question remains, is this a sincere change of heart, or a tactic to win back some the disenchanted tea party voters?

“I am glad Grimm decided to support H.R.459, but if he thinks this will get him off the hook for his voting record so far he is mistaken. We will continue to hold his feet to the fire until we see a consistent Constitutional voting record.” said Danny Panzella.

Panzella has not confirmed his intention to run against Grimm, “I still plan to run for the 63rd district of the State Assembly, but I’ll consider it.”

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