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.”

Watch the hearing LIVE at 9am EST on Friday the 25th HERE

TAKE ACTION!

We need to let Congress know (repeatedly) how we feel about this. Perhaps even more important, we need to recruit new members to the cause. As always, there’s power in numbers, and the more of us making a ruckus, the faster we’ll get this done.

Please leave a comment below to let us know what you’ve been doing, and how it’s working out

If you’re doing something that’s having a big impact, we’ll add it to our list and send reinforcements your way!

Check out these projects and ideas:

CONTACT YOUR REPS

Call, write letters & email your reps. Schedule face to face meetings with them to politely explain your concerns, and emphasize that this is an opportunity for them to show whether their allegiance is to their constituents or to their friends at the fed. And, of course, if they make the wrong choice, they’re OUT!

JOIN ONE OF THESE COORDINATED EFFORTS:

• The official Audit the Fed Campaign from Campaign for Liberty
• DownsizeDC.org’s campaign to Audit the Fed
• Projects at the End the Fed network
• Daily Paul Call-a-Thon

DO YOUR OWN THING:
Contact your reps

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From OneRadioNetwork.com: Updated in July 2009. 

 ”An interview with  Eustace Mullins who was in the trenches on this one over 50 years ago.  Our thanks to Eustace for the courage and strength to push on through much opposition and harassment to unveil the Secrets of The Federal Reserve, which, thanks to Mr. Mullins are not secret any longer.

Eustace Mullins was born in 1923 and is a true patriot, an American political writer, author, biographer. His works include the well known and well respected Secrets of the Federal Reserve and Murder by Injection. One of Americas true patriots who has really gone out of his way to uncover the real owners of the Federal Reserve and just who is behind the medical and banking institutions.”

 Mr. Mullins was 82 in 2007  when we talked with him from his home in the Blue Ridge Mountains about his life and mainly about his book, “The Secrets of The Federal Reserve”. Fascinating study of how this private banking cartel came into being. This is just one of over twenty books authored by the scholarly, brave and passionate Eustace Mullins.

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