Ron Paul’s Amendment To Audit The Federal Reserve Approved

November 20, 2009


November 19, 2009

A key House panel approved the Paul-Grayson Amendment by an overwhelming 43-26 Thursday afternoon, which will give watchdogs new authority to audit the Federal Reserve.

Here is a summary of the Paul-Grayson Amendment:

Dear Financial Services Committee Colleague:

It is encouraging to see the issue of Federal Reserve transparency receiving so much attention during this current markup. Today we plan to offer an amendment to the Financial Stability Improvement Act that expands on the many extant proposals to enhance Federal Reserve transparency. Our amendment is based on HR 1207, the Federal Reserve Transparency Act, which has broad bipartisan and grassroots support. The bill is cosponsored by 309 Members of Congress, including all Financial Services Committee Republicans and 13 Financial Services Committee Democrats. Read the rest of this entry »

THIS Is How a Congressman Does His Job

September 26, 2009


Watch Alan Grayson question the general counsel for the Federal Reserve:

source: Washingtons Blog

Ron Paul’s Bill to Audit the Fed Is Now Veto-Proof

September 17, 2009


source: Washingtons Blog

As Kurt Nimmo previously noted:

 [Ron Paul's] Federal Reserve Transparency Act, HR 1207, [is] now up to 232 co-sponsors. It needs a two-thirds vote with 290 members on board so … Obama will not veto it.

 Ron Paul’s office has just confirmed that 290 members are now on board supporting the bill.

Here is the list of 289 supporters (plus Paul equals 290).

Obviously, support in the Senate for the parallel bill is crucial. According to Zero Hedge, there are approximately 25 co-sponsors for Sen. Bernie Sanders’ S 604 Bill, “The Federal Reserve Sunshine Act of 2009.

The Feds are Starting to Sound Like Wise Guys

August 27, 2009

source: Washingtons Blog

You’ve heard the arguments:

Doesn’t this sound a wee bit like the old protection racket scam?

“We wouldn’t want anyone to get hurt, now would we?”

What the Fed is REALLY Trying to Hide In Fighting an Audit

August 5, 2009


source: Washingtons Blog

75% of Americans and at least 276 Congress members and 19 Senators want to audit the Fed, but the Fed is fighting tooth and nail to keep everything hidden.

Most people assume that the Fed wants to keep secret the list of banks which received bailout money. You know, something along the lines of “we gave Goldman Sachs $100 billion”.

But what the Fed is really struggling to keep hidden is the fact that the entire financial system is based on massive manipulation and fraud by the Fed and its primary dealers.

Specifically, the Fed is desperately trying to hide that many trillions of the government’s bailouts have gone to inflating the stock market, buying up the U.S. government’s own treasuries, and gaming the currency and gold markets.

Of course, when the New York Federal Reserve’s “primary dealers” (the dealers through which the Fed carries out its open market operations in general, and its PPT, ESF, and other schemes through) get the huge sums of cash from the Fed, they place bets based on inside knowledge of where the money flows are going (they also, supposedly, skim off part of the cash, but that’s for another essay).

In other words, the Fed’s primary dealers engage in insider trading and frontrunning on a scale which would make your normal white collar felons look like a silver nanoparticle.

Finally, the Fed is not the only central bank engaging in manipulation. An audit would show how the Fed is playing footsie with other private central banks in an international con game.

Don’t believe me? Show me the books and prove me wrong.

Citizen Journalism: WACLA talks with Ron Paul on Fed Audit, 9/11

July 15, 2009

source: We Are Change

What Happened In Congress When We Were All Mourning For The King Of Pop.

June 26, 2009


 Ben Bernanke answers congress on Ron Paul’s legislation to audit the Federal Reserve.  Interesting what he says about the  takeover of monetary policy by congress.  Note that the Constitution grants full power over money to Congress.  -ed2

Ron Paul on the Fed Power Grab and HR 1207

June 18, 2009

source: infowars


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