Operation: Kick Start the Federal Reserve Audit

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A great idea from RonPaulForums.com

On August 24th, let's flood Speaker Pelosi and Chairman Frank with postal letters demanding that they act upon H.R. 1207. Here's the official pledge website:

http://www.operationkickstart.com/

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Bump

I figured I would bump this for anyone who may have missed it. There are still under 400 pledges for this, but it takes very little effort. At minimum, you print the pre-written letters, sign them, and send them. If you have access to a printer, the cost is under a dollar. There are 58 users and 349 guests online right now, so let's see if we can get more pledges.

The Inconvenient Sun.

The Inconvenient Sun.

Coming this Fall to a Theater Near You
The Inconvenient Sun
Coming October 2009
Don't Miss It

http://www.youtube.com/watch?v=QuOnvlleiGY

bump for freedom*))

bump for activism.

"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now deserves the love and thanks of man and woman." -- Thomas Paine

Website:
http://www.libertypoet.com/
Twitter:
http://twitter.com/LibertyPoet
"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul

How is this for transparency?.

Fed Laundering Money through the Big Banks Into the Stock Market
http://www.marketoracle.co.uk/Article12507.html

Bingo.

*

ONWARD AND UPWARD......STRAIGHT THROUGH THEIR FACE!!

Why Is The Fed Buying Treasuries?

"It's a very old form of fraud to plant your own agents at an auction, bidding on your own “goods” in order to drive up the prices." http://seekingalpha.com/article/154858-why-is-the-fed-buying...

USE THIS LETTER TO THE EDITOR

http://www.campaignforliberty.com/blog.php?view=20048

Many have used it and got it published already. Just edit it a bit and add S.604

If we don't demand an explanation and have it publicized

we can fax until we drop and we will never win. Remember, nobody likes to admit that their an a@@^@)@!!!

betty

DVD Drive???

Should we start some national effort to get America: Freedom to Fascism to as many people as we can?

You can't hit people with the hardcore...

...stuff from the start. People will chalk you up to being a nutjob. Stick to stuff that is covered in the MSM.

-------
http://www.RebootTheRepublic.com

That dvd is the most awesome

That dvd is the most awesome wake up tool ever created. I really think it would be effective.

I agree. It is more of a

I agree. It is more of a soft introduction than most of the other wake-up videos out there. For one thing it avoids some topics that will only make some people put up their guard such as 9/11, religion, etc, nor is it partisan. I think the things it does cover people are open to looking at even if they are at first unaware or in disbelief because it doesn't insult their current values or their spirituality.

Face-the-Truth tours will educate many people nationwide about

the Fed. It was previously mentioned in forums 100884, just as this is a comment to 102277 -- but it didn't stay up, so people will notice it now 'cause it's on the front page. Basically, these face-the-truth-tours are much better than Tea parties 'cause they meet people where they're at, literally on the street, and bring the message to them. The Fed is 1 of the easiest 1s to do, since it's a basic message of who owns the Fed, and each owner should be listed on a separate sign, along w/ a flyer, not white, to hand out to all interested. This doesn't mean the Fed doesn't need to be audited, or a kickstart isn't a good idea, this is another 1. Discussions are underway.

For some reason, we're expected to know every law that exists in America & in our state so we don't break it. We're supposed to know this when we're 18. There's no litmus test for them, as in the 10 commandments or rhyme or reason. C.U.R.E.

and hand out copies of: "Creature from Jekyll Island" CD

Just bought another spindle of 100 CD's for $15 (15cents ea.) get the
Creature from Jekyll Island CD at: http://www.realityzone.com/creatureaudio.html and make copies to hand out. Campaign for Liberty has already done the work for you making the flyers: http://www.campaignforliberty.com/handouts.php

I say once we get 290 we do a Media Email/Fax/Phone call bomb. A veto proff majority and still being refused to be voted on?

and I agree with RonzdaMan http://www.dailypaul.com/node/90775#comment-1122511 shouldn't we be asking where the gold is also, this should be added to HR1207

Agree with both you and RonzdaMan

-We should be asking both questions.

We are whipping folks back into shape, we are going to get this done!" Barack Obama, to Blue Dog Opposition
-
"The most terrifying words in the English language are: 'I'm from the government, and I'm here to help.'" Ronald Reagan

But that man should play the tyrant over God, and find Him a better man than himself, is astonishing drama indeed!~~D. Sayers

There is no difference between an authoritarian government from the right or the left...F. A.Schaeffer

getting bill to audit the fed to the floor of the House

No matter how many co-sponsors there are how energized our community may become, this bill will not receive a hearing before the full committee until Chairman Frank schedules it for a hearing. At that time if a majority of the members of the committee vote to report the bill to the House floor with a recommendation that it do pass, that will be a signal victory. If a majority of the members of the house sign what is called a "discharge petition" then it will go to the floor without a committe vote. No one has yet signed a discharge petition and Ron Paul has not asked that they do so. He probably never will as he knows that this causes great resentment by the committee chairman affected, who has numerous ways of making any member who signs such a petition rue the day that he did so. Barney Frank and Dr. Paul remain on friendly terms and probably both wish to continue to do so. Frank has not yet flatly refused to ever set the bill for a hearing and until he does so, the drastic remedy of the discharge petition will not be attempted.

In any case when writing to Speaker Pelosi or Chairman Frank,it would be prudent to refer to them respectully and not call them animals.

No one should ever forget how shabally Beck treated Dr. Paul during the Presidential campaign or the conscienceless shillin he did for his fellow Mormon, Romney. As for Murdock, he was relentless in having Hannity O'Reilly constantly savage Dr. Paul so th

Sending letters to frank

and pelosi. These non humans they don't deserve caps, Only animals sit by while millions die and $trillions are stolen. They're the worst of criminals.

Just one last kick in the nuts, then a final deathblow

Got some

slim jims,a C4L tshirt and some decals today and some petitions on the way. Gonna do a bit of what I did during the presidential campaign. I'm in a rural area. Time to go to the local country stores and chat with the neighbors again.
Let's get er done

Kick

AUDIT THE FED

Be sure to mention...

...stuff like this whenever you talk about an audit:

http://market-ticker.org/archives/1304-BLATANT-Monetization-...

Trying to Keep the Importance of Audit the Fed at the Forefront!

Keep your ideas coming about how to reach people in your state!

To Reach As Many People As Possible....

If you google "list of (state name) newspapers", you should get a list of all the small town newspapers with email addresses in your state. Compose a letter (like one below) to educate and inform someone on that staff...the editor is usually good, or send as a "letter to the editor" and hope they will do something to encourage their readers to support writing to Congressmen in their states. So many people do not understand what the Fed is, including newspaper editors. We can keep writing to our Congressman, but we others besides us.

AUDIT THE FED should be our PRIMARY FOCUS...there are so many interesting and maddening things going on out there that we are losing our focus. Auditing the Fed should be our primary activity. And people need to understand who the Fed is and why they need to be audited.

I saw a homemade sign the other day in my state that said "Why is Senator/Congressman (add your delinquent Congressman) voting NO to Audit the Fed?"

SAMPLE LETTER TO EDITOR -

Dear Editor,

It is extremely important to this country that the Federal Reserve be audited, something they are desperately trying to keep from happening. What the Fed is struggling so hard to keep hidden is the fact that our entire financial system is based on massive manipulation.

Every Congressman and Senator from (our state) so far, except ______has signed up to co-sponsor either the House Version 1207 (282 Co-Sponsors to date) or the Senate Version 604 (23 co-sponsors to date) to audit the Federal Reserve. 75% of all Americans in the Rasmussen poll wants the Federal Reserve audited. I hope your readers will want to know more about the Federal Reserve and the need to Audit them and light a fire under our good Congressman/Senator ______to do the same. It is important for Congressman____ to support this bill at this time. They need 290 Congressmen to keep the bill from being vetoed.

What most people do not realize is that the Federal Reserve is PRIVATE, made up large banks including CitiBank, Bank of American, J.P. Morgan/Chase and Goldman Sachs. When the Federal Reserve bailed out these banks, they were bailing out THEMSELVES.

Ever since their inception in 1913 the Federal Reserve has used it's reserves to make loans brought windfall profits to the banks based upon "fractional" banking. These profits are NOT turned over to the Treasury to go into circulation and stimulate the economy, they are kept by the Federal Reserve bankers. What “fractional banking” means is that they can literally loan out 10 times what they actually have in reserve and keep for themselves the money off the interest.

So if they have $1 billion dollars in reserve, they can loan the money as if they have $10 billion and at 5% interest (for example) that means they have made $500,000 million in interest. And when you are talking about trillions, the profit to the Federal Reserve goes off the chart. And what’s worse, the Federal Reserve charges our government interest to print money, and who do you think pays them that interest? We do, through our federal income tax. We, the taxpayers, are paying the Federal Reserve to make obscene amounts of money for themselves!!

For the Federal Reserve to keep making money, they have to keep loaning money, which they have done domestically and through international banks such as the World Bank. Through these international banks they have made huge loans to third world countries, through dictators they put in power (knowing that these dictators would skim money for themselves from these loans and not be able to pay them back?). Then the International Monetary Fund (IMF) was established to become debt collectors. Now not only are these Central Bankers making money on interest from the loans but they have many countires with all of their natural resources indebted to them!

These bankers also fund both sides of all the wars. They loan each side the money for arms, and then loan them the money for reconstruction after the country has been devastated! Does this not make for a good reason to go to war? It’s hugely profitable! All in all, the amount of money the Federal Reserve and other Central Banks have made is more than enough to buy politicians and political favors from all across the world who then pass laws to make it even easier for them to keep doing what they are doing. What else can their goal be except nothing less than complete economic domination?

Now it is coming to light that these bankers use these huge amounts of money secretly to manipulate the stock and commodity markets through their investment banks like Goldman Sachs. Specifically, the Fed is desperately trying to hide the fact 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 manipulating the oil, currency and gold markets. When the New York Federal Reserve's investment “dealers” get these huge sums of cash from the Fed, they place bets based on inside knowledge of where the money is going. In other words, the Fed is doing insider trading and front running on a scale which would make Bernie Maddoff look like a two-bit con.

But they do have an Achilles heel - a weakness in the system. Since the profits do not stay in circulation in the economy, but are skimmed off, that means an ever increasing national debt, which is where the economy stands today. They have reached the point where all this debt must collapse, and they are very happy for you to think it is a Conservative or a Liberal that is at fault. They love it when we blame one another, so we can keep from looking at where the real source of the problem is....and that is purely and simply the Federal Reserve and it’s member banks. And there is only one way to prove it...by auditing the Federal Reserve.

Please write to Congressman/Senator _____and ask him to vote to co-sponsor HR 1207 or S 604 to audit the Federal Reserve!

1207/604 just the start

by Tom LaMar; I would love to get a source list for this info, most of which I have read online, but validity is always a problem. Not being schooled in economics, I'm just a quick study, but agree totally with you.
I would imagine that a reading of the charter that the Fed was given in 1913 when Pres. Wilson said he had "ruined the country" would be one good document to start with. I have found that the Mises Institute has much valuable info also. One "William Hummell" is interesting in that he is from NASA, but knows way too much about banking to be a banking "hobbyist" as am I (he also won't answer questions about printed money and the Fed either). If we are not an informed electorate, it makes no difference that we live in a "republic"; we will just be subjects, not citizens as in any monarchy or other despotic regime. I still am not convinced that a return to the gold standard is the answer..after the Fed is out though. Perhaps fiat money, with very limited "fractionalizing" could be thought of as one way to go? Just as long as the government only printed the amount to cover the defitcit so no large sales of notes was necessary, and we could start to pay down the 1/2 of the national debt that is real owed to foreign note holders, esp. Japan, China, etal (the other 1/2 is "owed" to the Fed banks and should be declared null and void). If we based the new dollar on our GDP/GNP with balanced budgets (tight controls for this), would there not be much less inflation/deflation? We could then start rebuilding the country's infra-structure, manufacturing bases, skilled labor pool, rational banking practices (maybe the deposed Fed infrastructure and workers could help?), etc. So, 1207/604 are just starters to a better country/world, including bringing to justice all these ultimate "profiteers". BTW, S604 will be even harder to get a jump-start with won't it, as the Senate is where most of the "monsters" hide? I only can hope that there are enough honest, knowledgeable, concerned lawyers/judges to do the work necessary, like Napolitano.

Tom LaMar

Alternative to the Gold Standard

A great alternative also comes from Ellen Brown's book "Web of Debt". She would like to see us go back to a system used during the Colonial period and a system used today in North Dakota.

North Dakota has it's own state bank and has over a billion dollars in reserve and no sub-prime issues. Their state bank loans money but instead of it being skimmed off into private hands it is put back into circulation in the state.

Go to Ellen Brown's website: www.webofdebt.com to read specific articles she has on her system based upon what North Dakota is doing to be so prosperous.

She tells a fascinating story of how Benjamin Franklin when he visited England in the 1760's and was asked how the colonies paid for their "poor houses," he reportedly replied " We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps."

According to Ellen Brown, Franklin's English listeners had trouble believing this since when their poor houses had become full they had simply shipped the excess debtors to the Colonies. The directors of the Bank of England asked what was responsible for the booming economy of the young colonies, Franklin replied:

"That is simple. In the colonies we issue our own money. It is called Colonial Scrip. We issue it to pay the government's approved expenditures and charities. We make sure it is issued in the proper proportion to make the goods pass easily from the producers to the consumers...In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one. You see a legitimate government can both spend and lend money into circulation, while banks can only lend significant amounts of their promissory bank notes, for they can neither give away nor spend but a tiny fraction for the money the people need. Thus when your bankers here in England place money in circulation, there is always a debt principal to be returned and usury to be paid. The result is that you have always too little credit in circulation to give the workers full employment. You do not have too many workers, you have too little money in circulation and that which circulates, all bears the endless burden of unpayable debt and usury."

Ellen Brown points out that banks in England were limited to lending money into the economy; and since more money was always owed back in principal and interest (or "usury") than was lent in the original loans, there was never enough money in circulation to pay the interest and still keep workers fully employed. The government in the Colonies, on the other hand, had two ways of getting money into the eocnomy: it could both lend and spend the money into circulation. It could spend enough new money to cover the interest due on the money it lent, keeping the money supply in "proper proportion" and preventing the "impossible contract" problem - the problem of having more money owed back on loans than was created by the loans themselves.

Sadly, according the Brown, the Bank of England in 1764 used its influence on Parliament to get a Currency Act passed that made it illegal for any of the colonies to print their own money. The colonists were forced to pay all future taxes to Britain in silver or gold. Anyone lack these metals had to borrow them from the bank. Only one year later the streets of the colonies were filled with unemployed beggars. The money supply had suddenly been reduced by half, leaving insufficient funds to pay for the goods and services these workers could provide. Benjamin Framklin maintained that it was this poverty which lead to the Revolution.

Thanks for pointing out that the hapless King George ..

continually blamed for causing the American Revolution, was merely a puppet of the Rothschilds. He may have signed the decree banning Colonial Script, but you can bet the farm that the bill originated in the offices of the Bank of England, and that those in Parliament who passed it were rewarded handsomely by the Rothschilds.

Nothing is new under the sun.

The very fact that King George continues to take the hit just goes to show that the bankers control the history books.

I will check into buying Ellen Brown's book. You make it sound excellent.

Source for "insider trading and front running"

This was excerpted from an article that showed up on this forum: Here is the full article:

The Fed's UST-POMO Pyramid Scheme Exposed
In a brilliant piece of investigative reporting, Chris Martenson (original article here) has uncovered that the Fed, merely a week after issuing $28 billion in 7 year bonds (which Zero Hedge discussed previously) via its puppet, the US Treasury, of which $10 billion ended up being purchased by primary dealers, has turned and bought 47% of the primary allocated bonds in Open Market Purchases. This is undisputed monetization removed simply via one primary dealer and less than 5 days of temporal separation in order to leave no easy trace. As Martenson points out:
"A more honest and open approach would have been for the Fed to simply buy them outright at the auction but this way, using "primary dealers" and "POMOs" and all these other extra steps the basic fact that the Fed is openly monetizing US government debt is effectively hidden from a not-too-terribly inquisitive US press and public."
The question is did the Fed implicitly tell the primary dealers they are merely holding the treasuries for a flip, and that it would acquire them immediately. Absent this $4.8 billion in effectively monetized bonds, what would the Bid To Cover have been for the primaries? Would this have been the second practically failed auction for USTs after the deplorable 5 year auction results a day prior? One wonders if there would have been 62% indirect interest in these bonds (which the day before had a measly 32.5% indirect bid) if the purchasers were aware of the Fed's immediate prompt monetization of a large part of the directs' balance.
It is truly a sad state of affairs when the Fed has to manipulate public and media perception in this way, and has to cover up for the complete lack of interest in US Treasuries.
Here is the evidence Martenson dug up:

Martenson's conclusion needs no elaboration:
"The speed of the shell game is accelerating.
This immediate repurchase of newly auction bonds by the Fed tells us that demand for these bonds is not nearly as high as advertised, and that things are not quite as strong as represented.

And oh, by the way, don't expect any stock market weakness while so many billions are being shoveled out the Fed and into the pockets of the primary dealers. They'll have to do something with all that freshly minted cash....."
Zero Hedge salutes CM for this brilliant piece of sleuthing: now if only the MSM would have the guts to demonstrate the pyramid scheme that the US Bond and Equity markets have become.

Source

Most of this info comes from Ellen Brown's book Web of Debt

Excellent idea and letter. I

Excellent idea and letter. I recommend sending the letter by USPS and addressed to the editor or FAX rather than an email.

Good Idea But ...

Many papers have a limit on length of letters to the editor ... around here, more than 350 words and you don't get into print. Also, they'll only print a letter from the same person once a month. So, it's important to know what each paper's requirements are OR just be succinct in the first place.

Here's a trick ... break up the letter into three or four shorter letters ... hitting the fact that the Fed is a scam in each one ... but concentrating on different facets of their operation. Then get like minded friends to submit the various letters on a staggered schedule.

Another idea ... write a shortened version of the above and have someone else respond, with his own letter, saying the Fed is even worse than described in the original letter.

Some friends and I kept an issue (that the paper wouldn't cover) alive for over a year by writing letters to the editor in this fashion. People against us wrote in too ... which just gave us more excuses to write back and explain our side.

Don't underestimate the impact of "letters to the editor." It's the most read section of most newspapers.

MY VERY SUCCESSFUL LETTER TO EDITOR

http://www.campaignforliberty.com/blog.php?view=20048

many people used it and got it published. just change the numbers and add S604