Original Commentary from former HALC Chairman Bill Tofte

When mortgages default and businesses fail, who gets the assets?….BANKS and FINANCIAL INSTITUTIONS.

When those banks and financial institutions go under, who gets the assets?….Would it be the Federal Reserve?….Who benefits from financial collapse?….the FED.

Who came out smelling like a rose after the Great Depression?….the Financial… See More Robber Barons of the FED.

Who made over $46 Billion net profit (not taxable) last year, one of their largest in history, while the nation’s businesses were suffering from huge losses?….the FED.

While financial institutions were reeling from the the sudden downturn in the market, did the FED suffer?….were not they ” in the market”, to some extent too?…..NO….I am sure they were “out”…..(remember the $46B)…is this coincidental or planned?…..who profited, even though the FED was charging the lowest interest rates in history?…..the FED.

How did they do it???? By printing money, “loaning” it, then being repaid, with “real” money PLUS INTEREST!!!!!! This is how I see the dots are connected and the pieces of the puzzle are fitting…

AUDIT THE FED, THEN END THE FED.

CONTACT INFO: http://www.votervoice.net/Core.aspx?AID=972&APP=GAC&screen=Address& 
 
July 1, 2010

Dear Friend in Liberty,

Yesterday, the House rejected Ron Paul’s Audit the Fed by a vote of 198-229.  The Audit was included in a Republican motion to send the Dodd-Frank Fed Empowerment Act (H.R. 4173) back to committee.

If the measure had been approved, H.R. 4173 would have been changed to include the thorough Audit.

Even worse, the majority of those who voted against it were cosponsors of H.R. 1207.

( http://www.campaignforliberty.com/materials/HR1207-Shame-List.pdf )

Check out our “Hall of Shame” to see if your representative is on the list of those who abandoned their so-called “support” for Audit the Fed (while voting to further empower the secretive Fed) when real action was required.

*[Editor's Note: These are the TX representatives voting 'no' on the Audit the Fed:  Ruben Hinojosa – TX-15, Silvestre Reyes – TX-16, Ciro Rodriguez – TX-23, Lloyd Doggett – TX-25, Solomon Ortiz – TX-27, Henry Cuellar – TX-28 and Eddie Bernice Johnson – TX-30]

Be sure to let them know you will make your fellow constituents aware of their failure to support full accountability from those responsible for this latest economic crisis.

If your representative stood with Ron Paul by supporting Audit the Fed, thank him for his support and urge him to fight any future efforts to expand the Fed’s powers.
See the complete roll call on the motion here.    http://clerk.house.gov/evs/2010/roll412.xml

There’s still time to stop this Fed powergrab in the Senate.

Find your senators here.  After you contact your congressman, please call your senators and demand they stand up for the American people by defeating H.R. 4173 and taking a standalone vote on S. 604, Audit the Fed.

We’ve come too far to let the Fed off the hook for its actions.  Call Congress today!

In Liberty,
John Tate
President
 ————————————————————————————————————————–
Do your part and forward this to everyone you know. WE THE PEOPLE are the new media!

“We have a greater moral responsibility to act than those who live ignorance. Once you become knowledgeable you have an obligation to do something about it.”

www.campaignforliberty.com

Measure would audit the Fed’s monetary policies such as interest rates

[Article from MarketWatch.com]

bumpersticker from: http://www.cafepress.com/+are_you_better_off_now,392044147

A key congressional panel on Thursday approved legislation introduced by the Texas congressman that – for the first time in the central bank’s 95-year-history — would require government audits of Federal Reserve monetary policy, as well as how much the central bank has lent and will lend to specific banks.

Fed Chief Ben Bernanke and other key members of the Obama administration, including Treasury Secretary Tim Geithner, had vigorously opposed the move.

The measure was approved by the House Financial Services Committee as it considered broad bank regulatory reform legislation, and included a package of other measures weakening the Fed’s power and capping how much it can lend or guarantee.

The committee is now poised to pass the entire bill and has scheduled its final vote on the legislation for December 1.

AM Report: Ron Paul vs. the Fed The News Hub panel discusses Ron Paul's Opinion piece in today's Journal, which argues for a more transparent Federal Reserve.

[Continue reading and view video here...]

[Article from The Red Pub Magazine online]
By Benito Segovia

On Sunday, November 22, 2009,  local activist group End the Fed Houston will be joined by Congressman Ron Paul at Buffalo Bayou Park between 1:00pm and 4:00pm to peacefully protest America’s central bank as the source of 2008’s economic woes. The Rally is titled “Save the Dollar, End the FED!” According to the group, the central economic planning and controlled devaluation of the U.S. Dollar have perpetuated and exacerbated past and present economic conditions.

“Politicians and banking officials have purposely used hard-to-understand banking terms to disguise the true nature of our central banking system.” Organizer Charlene Keller said, “This successfully confuses the public and hides the fraud that is actually going on. We plan to break it down in plain English.”

According to the group, the boom and bust business cycles the U.S. has seen for the past 100 years are directly architected by monetary policy originated within the walls of the Federal Reserve Bank. These crises are then complicated by changes in value of the U.S. Dollar. “It’s like trying to build a house, but the measuring stick you use keeps changing.”  Said organizer, Jonathan Kocurek, “In our case, the measuring stick is the value of the U.S. Dollar.” The group further purports that the Fed controls the value of the dollar by expanding or retracting the currency supply and this constant meddling leads to systematic instability.

The rally is endorsed by a wide variety of local and national groups including Young American’s For Liberty – University of Houston chapter, The Harris County Libertarian Party, The Houston Area Liberty Campaign (on Meetup.com) and Restore the Republic.

Continue reading here…http://www.redpubmagazine.com/article.php?id=438&section=12.

ACTION:  Call, fax or send a postcard to your U.S. Rep.  Don’t email!! (Most don’t keep e-mail, as they’re not legally bound to do so!!) Or better yet, stop by his/her local office.  They must log in visitors, so you can’t be ignored there. Tell him/her you DEMAND that they not vote to end the “Audit the Fed” legislation.  Tell him/her you demand the language be re-instated, as it had been written, or you will campaign with every breath in your body to get them out of office!! [Find your U. S. Rep. here, on upper left side.]

Oct. 30 (Bloomberg) — Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been gutted while moving toward a possible vote in the Democratic-controlled House.

The bill, with 308 co-sponsors, has been stripped of provisions that would remove Fed exemptions from audits of transactions with foreign central banks, monetary policy deliberations, transactions made under the direction of the Federal Open Market Committee and communications between the Board, the reserve banks and staff, Paul said today.

Theres nothing left, its been gutted, he said in a telephone interview. This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.

… continue reading …
http://www.bloomberg.com/apps/news?pid=20601103&sid=atc2o1ijLRno

Robert Kiyosaki, best known for his Rich Dad, Poor Dad series of motivational books, laughingly responded to the question, “Would you say Obama is running the country like a rich dad or a poor dad?”

Kiyosaki: “Obama?! The guys that run the country, I write about this in my book Conspiracy of the Rich, the people that run the country are Goldman Sachs – Cmon Gimme a break – and the guys that control Goldman Sachs. It is run by the international banking cartels of the world. The Federal Reserve bank is not a bank, it’s owned by the richest European and… some Saudi money in the world and the Federal Reserve bank is the one that caused this crisis.”

The topic of this interview was primarily to discuss investment in gold and silver in light of the recent news that oil-trading countries were allegedly meeting in secret to discuss trading oil in a currency other than the U.S. dollar.

Jump to 2:06 to see the exchange.

Robert Toru Kiyosaki (born April 8, 1947) is an investor, businessman, self-help author, motivational speaker and inventor. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 15 books which have combined sales of over 26 million copies.

Neo-CONNED is a speech Ron Paul gave on the house floor July 10, 2003. This is very important as it goes over many aspects of the upcoming Iraq war and the following years of the Bush presidency.  [The original video from C-Span is here.  I received the link to the video and the text of the speech separately.] … “Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy….”

The modern-day limited-government movement has been co-opted.  The conservatives have failed in their effort to shrink the size of government. There has not been, nor will there soon be, a conservative revolution in Washington. Party control of the federal government has changed, but the inexorable growth in the size and scope of government has continued unabated. The liberal arguments for limited government in personal affairs and foreign military adventurism were never seriously considered as part of this revolution.

Since the change of the political party in charge has not made a difference, who’s really in charge? If the particular party in power makes little difference, whose policy is it that permits expanded government programs, increased spending, huge deficits, nation building and the pervasive invasion of our privacy, with fewer Fourth Amendment protections than ever before?

Read the rest of this entry »

Here is Rep. Ron Paul’s speech (R-TX) to Congress that he used to introduce H.R. 1207 on February 26, 2009.

A full hearing by the Committee on Financial Services was held today (9/25/09) at 9:00 a.m. in Washington D.C. for H.R. 1207, the Federal Reserve Transparency Act of 2009.

Here is the audio of that hearing, with timelapse still photos.

A few months back, the Houston Area Liberty Campaign’s Micah Jackson wrote an article on the Audit the Fed rally in front of the Houston Federal Reserve Bank, for The Red Pub.  The Red Pub is a Houston-based Progressive leaning online publication.

Reporter Michael Scherer of Time Magazine interviews Rep. Ron Paul (R-TX) on 9-17-09.  They cover a variety of topics related to Rep. Paul’s new book, “End the Fed.”