Audit the Fed Update from Ron Paul

C4L | Audit the Federal Reserve!

Since its inception in 1913, the Federal Reserve has helped to devalue our dollar by 95%. During the recent economic crisis, it has poured trillions of dollars into the economy with no oversight, made secret agreements with foreign banks and governments, and has refused to tell Congress who is getting the money or to give it the details of what deals are being made.

HR 1207, Ron Paul's "Audit the Fed bill," and S 604, its Senate companion, will demand full transparency from the Federal Reserve for the first time in history by removing all restrictions from Government Accountability Office (GAO) audits of the Fed and mandating an audit by the end of 2010.

Read more ...

http://www.campaignforliberty.com/campaigns/hr1207home.php

currently required are on page 402 of the 95th Annual Report of the Fed. It states that amounts of deposits more than $9.3 million and less than $43.9 million have a requirement of 3%. More than that the requirement held in vault cash is 10%.

Otherwise there are NO requirements. Effective date December 12, 2007.
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http://cafr1.com/STATES/FEDERAL-RESERVE/FR2008AR.pdf

http://www.dailypaul.com/node/97705

My name is Gary Clift and I am running for Congress in a special election for California's District 10 with absentee voting starting August 3rd. I have pledged to consponsor HR 1207 and, if elected, will work with Ron Paul to preserve States' Rights, Individual Liberty, and Fiscal Responsibility.

I am listed on http://RetakeCongress.com and http://RonPaulRepublican.com and I need the help of the liberty movement to get another liberty vote in Washington.

Under Special election rules Democrats, Libertarians, and all registered voters can vote for me in the Republican Primary so we have a real chance to win this election with you help. Please volunteer to make phone calls for us at http://CliftforCongress.com/volunteer and ensure the voice of liberty is heard in this special election.

For Liberty,
Gary Clift

http://CliftforCongress.com

Your effort in this fight for 1207 has been nothing short of extra ordinary.

We have had our differences in the past, but I am currently in awe of you.

God Bless and carry on this fight.

WAHOR!!
http://www.dailypaul.com/node/48994

Ron Paul and Philip Crane wrote the 1985 Gold Bullion Act which allows for Americans to contract and get paid in lawful gold and silver dollars (Title 31 U.S.C. section 5112). Cash your paycheck for the coin on Tuesday and the Fed will end on Wednesday. Problem solved.

Don't stop til we END THE FED!!!!

Give me control of a nation's money and I care not who makes the laws - Mayer Amschel Rothschild