Discussion on Watt amendment debate, Ron Paul Won.
The final passage will not happen today according to Mr. Frank due to discussions he had with the Congressional Black Caucus.
Final Passage will happen on the Tuesday December 1st, the day that congress comes back in session after Thanks Giving Recess.
The Paul/Grayson amendment passed 43/26, we won a small victory today.
See here some headlines regarding this passage.
http://www.reuters.com/article/politicsNews/idUSTRE5AJ04T200...
http://www.bloomberg.com/apps/news?pid=20601103&sid=aDsdF9Nh...
http://www.marketwatch.com/story/panel-votes-to-audit-feds-b...
http://www.examiner.com/x-9462-LA-Nonpartisan-Examiner~y2009...
http://online.wsj.com/article/SB125866015562556197.html
http://www.google.com/hostednews/ap/article/ALeqM5jz6zRMNUfm...
WSJ Poll:Should the Federal Reserve be subject to congressional audits?
http://online.wsj.com/community/groups/question-day-229/topi...
Update: Some more articles written on 11/20/09
http://www.thenewamerican.com/index.php/economy/sectors-main...
http://www.usnews.com/money/blogs/capital-commerce/2009/11/2...
http://latimesblogs.latimes.com/money_co/2009/11/rep-ron-pau...
http://thecaucus.blogs.nytimes.com/2009/11/20/the-early-word... (The Ron Paul mention happens about halfway down the Page, Headlined as "Ron Paul's Revenge"
bwarney is obviously
bending over for somebody - and not just his boyfriend.
Yesterday, two more signed
Yesterday, two more signed onto HR 1207!
Rep Clay, Wm. Lacy [MO-1] - 11/19/2009
Rep Lujan, Ben Ray [NM-3] - 11/19/2009
.
Trust in God, but tie your camel tight.
http://www.campaignforliberty.com/profile.php?member=KathyLa...
http://www.ohiofreedom.com/subd/
Trust in God, but tie your camel tight.
"Socialism needs two legs on which to stand; a right and a left. While appearing to be in complete opposition to one another,they both march in the same direction." - Paul Proctor
I guess its crystal clear
I guess its crystal clear now who butters Barney Frank's bread! Vote him out.
Are they buttering Barney's
Are they buttering Barney's bread? Or lubing his gerbils???
Things are only impossible until they are not.
-- Jean Luc Picard
Things are only impossible until they are not.
-- Jean Luc Picard
Wow! Wow! Wow!
I'm impressed. My deep, personal thanks to all who made this possible.
Large Government Budget Deficits
QUOTE:
"History provides numerous examples of non-independent central banks being forced to finance large government budget deficits," Fed Vice Chairman Donald Kohn said in July. "Such episodes invariably lead to high inflation."
http://www.reuters.com/article/politicsNews/idUSTRE5AJ04T200...
Isn't that is whats goin' on just now?
Aren't we expecting high inflation?
The People's President
Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012
WE ARE STILL FAR FROM THE END OF THE FED
All you would have to do to expose fractional reserve banking is go buy a Mishkin textbook on international finance. The fact is that since the FED was established their entire fallacious policy is based on a keynesian lie. They will have a reason for loaning to other foreign banks as well as national banks here in the states based on macro-economic factors they claim they can achieve through the production of money. Showing their books to the public does not expose an error in reason, if that were true finance professors from all across the country wouldn't be teaching the fractional reserve system because it would be career suicide.
You can call the FED out all you want, the only way to stop it is by freeing up the market and abolishing the fiat system entirely, this cannot be done through the GAO. The government will not help you defeat an oligarchy that keeps them in their seats. The only way to defeat this is to study and apply the most effective and the most ancient way of destroying such power structures,
LEARN PERMACULTURE
BOOK: A DESIGNERS MANUAL BY: BILL MOLLISON
The role of a farmer, in Fukuoka's mind, is an observer, not an intervener, of the natural order in his/her particular landscape. How is that any different than Hayek in regards to Economics?
and,
for online permaculture videos, look no further. :)
GLOBAL GARDENER (Video Library)
I do agree that Permaculture and
individualism are a natural fit. Local power is necessary because only those who know a locale well and take personal responsibility can decide the most efficient and productive long-term use for a given area.
Also private property or private community property will be better tended
than public land or facilities or agencies.
Local currencies and trust exchanges also allow entry to people who don't already have a physical stake or capitol.
These are some of the many solutions to put power back in the hands of the people rather than centralized bureaucracy.
Persistance !
~
Comment by Desmo at the Huffpo:
"Paul has been introducing some version of the measure since 1983"
For the last 26 years Ron Paul was ridiculed for talking about the overreaching power of the FED and the need for a hard currency. Most of the people on this board were his biggest critics. Today many realized that the FED was the #1 cause of the economic crisis in 1929 and today. What you should realize is that the biggest mistake was not electing him president in 2008.
Paul 2012
Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle
http://www.huffingtonpost.com/2009/11/19/fed-beaten-bill-to-...
The comments on the Huffpo thread
following that article are amazing. wall to wall approval for Paul & Grayson.
.
RON PAUL: Bursting the dam!
http://www.youtube.com/watch?v=qBCiF9tPn9I
Did Ron Paul say he's giving the FED......gulp 180 days???
Did I hear Dr. Paul right? His amendment would give the FED an additional 180 days.........
to destroy documents, massage numbers, move things around, shred???
THAT is distressing, if true.
A compromise
180 days waiting period is a compromise on timing in order to get a success in substance. Destroying or concealing evidence is way different from being exempt from scrutiny.
rdw
The wagons are circling these criminals one wagon at a time....
6 months goes by fast. A little compromise. But the essence of the Audit the Fed Bill will stick. Important that they are on the 'defensive' now. We are gaining transparency. Soon we will find out all their goings on.
http://www.mngop54b.org/
http://www.mnlg.org
http://www.therootsofchange.com
http://www.cc2009.us
Stop...just stop and think
Stop...just stop and think for a second.
The logic behind a 180/6 month delay is to keep the markets from getting quick inside information and reacting crazily.
Your argument that they will destroy data is null and void. Why? Because if pieces are missing...it will show up and be self-evident and cause a shitstorm. They either provide the data or face a congressional shitstorm for covering things up.
Sure they may try the cover-up method. It won't happen for long...it will only work to bring the hammer down on them more and make people(mainstream sheeple) distrust them more. It is a win-win for us...the goal is to destroy them and get rid of them. They WILL comply or face utter destruction...hehehe.
Have faith fellow patriot. These things happen in slow and steady steps...it is a ongoing engagement in an ongoing battle which is an ongoing war. Have patience..this is only the first step to their demise...the battle is difficult and long.
======
Federal Reserve to the American People:
"Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane mittam."
================
Who is John Galt? Vote ███ ███ 2012!
Red herring
The whole claim of market instability in the event of immediate disclosure is a total red herring. The exact opposite is true. Full information in real time would eliminate speculation and any opportunity for insiders to make a quick call to their broker.
If you study feedback systems, one thing you will learn is that delay PROMOTES instability. Distorted feedback (inaccurate information) has similar effect. Prompt, accurate feedback leads to proportional response. The market will respond proportionately to the magnitude of what is being revealed. If the information is explosive, the market response SHOULD be equally explosive. Calling market reaction "crazy" is an elitist trick to disguise the craziness of what they are reacting to. Don't fall for it.
But that is not what H.R. 1207 is about. The principle is that the unwashed masses are entitled to know what the Fed geniuses have been up to. Once they find out what happened 180 days ago, there will be pressure to shorten the delay, or perhaps just to hang the entire FOMC and start from scratch.
rdw
I agree with you in part, but....
You said:
"The logic behind a 180/6 month delay is to keep the markets from getting quick inside information and reacting crazily."
The only way the markets would react in a stable way would be if the FED released its information like a time-released pill, over time, NOT all at once on the 1st day of the 6th month.
Additionally, they would easily be able to forestall, manipulate, distort, and change information to suit their nefarious objectives.
No, I just think Dr. Paul did this, because he must have known he'd have a better chance to get it through. I can't think of any other reason than that.
Did anyone ever think that the markets might, just maybe, be HAPPY and RELIEVED that the truth is coming out??? Or if the truth is so eggregious, then, maybe the public would oust these people from their political offices, and maybe even the good ole USA???
No, I just think Dr. Paul did this, because he must have known he'd have a better chance to get it through. Sometimes one can't show all their cards, you know?, and that might be what Dr. Paul is doing.
Video here...
http://libertymaven.com/2009/11/19/highlights-of-ron-pauls-b...
Several videos, highlights...
Enjoy!
http://libertymaven.com/
Liberty Maven has been on top of this all day!
thanks for posting chubbs
The DP is proof that the grassroots support for Ron Paul and his peaceful message of individual liberty is large, real, and not going away!
I Just Gotta' Say
"The measure, based on a Paul proposal that has attracted more than 300 co-sponsors, passed, 43-26, as an amendment to a financial reform bill. Florida Democrat and fellow Fed critic Alan Grayson co-sponsored the amendment with Paul and played a leading role drumming up support for it among committee members. The adoption of this amendment is an extraordinary victory for Paul, whose libertarian, anti-Fed leanings have often been dismissed by the political establishment."
http://www.politico.com/news/stories/1109/29734.html
HOW SWEET IT IS ALICE!
The Last Hope Trader
Forensic Trading For Times of High Crime
"GINO" = Government In Name Only
YIPPEEEEE!
I am absolutely ecstatic! Has anyone else noticed the irony that while Rand is busy dueling a Grayson, Ron is being aided by one?
lol
lol
Extraordinary!!!
Bravo Dr Paul!!!
VIDEO!
We need the video!
I want to watch the whole thing!
House panel approves Ron
House panel approves Ron Paul's proposal to audit the Federal Reserve
http://www.politico.com/news/stories/1109/29734.html
Trust in God, but tie your camel tight.
"Socialism needs two legs on which to stand; a right and a left. While appearing to be in complete opposition to one another,they both march in the same direction." - Paul Proctor
Liberty won today...on to
Liberty won today...on to the next!
Oh no !
What happened I've missed the whole thiiinng !! :'(
WE NEED A MASS MONEY BOMB FOR CFL....
Slimjims. Time to go door to door and educate. We need media coverage everywhere stickers on lightpoles. Lets get taggin...
We have 10 days to get people to sign petitions and call/fax/e-mail all there congress-people. Right now is 10 minuates to half-time. We have the ball it is important to get at least 300 yes votes. We need to make it clear with money-bombs over this turkey-day vacation that we mean business. Anybody who votes no on this bill will start a war to replace them this campaign season. We need people in each state ready to step forward on run against the nay voters. We will hold money-bombs now so that we will get the funding to the candidates who wish to run.
There's one going on right
There's one going on right now!