60 votes

"Audit The FED" Headed For The House Floor

Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor vote expected sometime in late July, and with a whopping 263 cosponsors, the chances of it passing have never looked better! This is an unprecedented opportunity for transparency into how the currency of the United States is handled, and mishandled by the Federal Reserve. It is more important than ever that my colleagues in the House and Senate understand what this legislation does and why it is so important.

The Federal Reserve is an enormously destructive and unaccountable force in both the U.S. economy and the greater global economy. Federal Reserve policies affect average Americans far more than fiscal, spending, and tax policies legislated by Congress; indeed the Fed "spends" more than Congress when it creates trillions of new dollars on its balance sheet to bail out favored financial institutions.

For several decades the Fed has relentlessly increased the supply of U.S. dollars (both real and electronic) and kept interest rates artificially low. These monetary policies punish thrift, erode the value of savings, and harm older Americans living on fixed incomes and the poor. The Fed's expansion of the money supply, combined with artificially low interest rates, creates destructive cycles of malinvestment. This results in housing, stock market, and employment booms and busts that destroy lives.

Continued:
http://paul.house.gov/index.php?option=com_content&view=arti...




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Dr. Paul does it again. One last shot on his way out.

But it may be the shot heard 'round the world!

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Down with the Rothschild Money scam machine!!!

Your attempt to take over the Nation is now officially reversed. And the great part is it's not like when JFK tried to take them out alone, Now everybody wants a piece of you Bit.ch, 89 million angry gun owners, and millions more lol after you, this is just beautiful

after the primary this is the

after the primary this is the stuff the daily paul should be focused on

Please......Pass It On

Pass Audit the Fed Petition to: My Representative

http://chooseliberty.org/auditrphf3.aspx?pid=0703

It's important!

It's important that we record who does and who does not vote for this. Anyone who does not vote to audit the Fed, most likely is on the take. These people need to be investigated to see what they're hiding. Continuation of this fraud on the American people is sad. We need to put an end to it as soon as possible. It's a crooked shell game where we the people always lose.

"We can't solve problems by using the same kind of thinking we used when we created them."
Albert Einstein

Would Obama (or Romney) sign it???

It's possible the bankers can't stop the congress from approving this bill (even though I'll bet they're trying desperately to do so), but they sure as hell can stop one man from signing.

Remember JFK they'll say.

Then the bill goes down.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

we have to see

what type of Amendments are add on to the bill. Today as is, the bill provides a FULL Audit, however representatives still has time to add amendments that can restrict the bill from doing a Full Audit and instead do a Partial audit...

I think the house is doing very well, Our senators are uninformed about S 202. we need to have our voices HEARD!

His name is Edward Snowden

What is Capitalism?
http://youtu.be/yNF09pUPypw

And what do we get if the bill passes?

Nothing really. A mosquito bite on the butt of the FED; hardly anything but an annoyance.

While I do not agree with the "greenback" Larouche crowd that credit creation by banks is necessary for economic activity, the Larouche advocate in these interviews does make clear the nature of the beast that we are fighting:

http://www.youtube.com/watch?v=TQjCshv955Q&feature=player_em...

http://www.youtube.com/watch?v=YXqYz7Iflw8&feature=player_em...

My view is that revolution is the only workable solution and it will come when the pain and suffering is sufficient to get enough of the population off their couches and into the battle.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

if obama dare strike it down the progressive goons

will have no excuses left in debates.. small reward for a hefty price

right on this bill is a win

right on

this bill is a win no matter what the outcome. Anyone who votes against this bill will draw sharp criticism from every wavelength of the political spectrum. The votes recorded on this bill will provide a wonderful "kick me out" list.

- Grow Mushrooms at Home
http://subfarms.com

Excellent chance it will pass in the House.

Very very small chance it would pass in the Senate.
No chance it will be signed by the President, unless Ron Paul is in the White House.

emalvini's picture

yea, I Believe You're Right BigT

One day, we shall have liberty..