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Bernanke’s Nightmare: Audit Pushed for Romney’s Platform

Federal Reserve Chairman Ben Bernanke calls it his “nightmare scenario.” One of Mitt Romney’s top economic advisers called it “trouble.” Yet as they look to their national convention starting in Tampa on Aug. 27, Republicans are considering including a plank in their party platform calling for a full audit of the central bank.

Prodded by the failed primary bid of longtime Fed critic Ron Paul -- and the grassroots enthusiasm the Texas congressman’s cause inspired among bail-out weary Tea Party activists and small government advocates -- Republicans are entertaining a prospect that has long made them and some of their financial supporters cringe.

Paul, in an interview, warned that if Romney’s backers resist the effort, it could result in a politically distracting and messy fight in front of the national media. “It’s good economics and it’s good legislation, but it’s also good politics, because 80 percent of the American people agree with it,” Paul said. If Republican leaders “exclude it, I would think some of my supporters would be annoyed and feel strongly enough to take it to the floor under the rules.”

Read this article in full:
http://www.bloomberg.com/news/2012-08-08/bernanke-s-nightmar...

** For those with short attention spans that will not read the full article here is 'the bottom line' >>

"Other Romney allies say they expect the platform committee to finesse the issue in a way that satisfies Paul and avoids a public feud without ceding the power to dictate the party’s message to a candidate who didn’t earn enough delegates to contend for the nomination.

“They will find a way that accommodates some of his concerns and recognizes that he worked hard and ran a good campaign that struck a chord with people,” said Steve Duprey, a New Hampshire Republican National Committeeman. “But if you lose, you don’t get to write the platform -- that’s the way this works.”

http://www.bloomberg.com/news/2012-08-08/bernanke-s-nightmar...

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A platform that Mitt Romney

A platform that Mitt Romney will not be required to uphold. Sure, he can pay lip service to it, and blow smoke up our asses till after the election. Everyone knows what Mitt Romney will do if ever elected. He will sweep 'audit the fed' right under the rug. We already know Romneys' view of the Fed, Bernanke, and economic and monetary policy. If anyone thinks Romney will do a complete 360 on everything he's ever said about the Fed, then keep on dreaming. No candidate in history has ever been obligated to their campaign promises or some platform.

Haley Barbour is a moron

“I don’t want Congress controlling the money supply or usurping the authority of the Fed -- I can’t think of a group that I would less rather have do that, just because they’re politicians and this is not about politics,” Barbour said in an interview. “I do not think any group would put purity on issues like this in front of victory.”

just a flat out moron...

First...

We must get an audit so we learn how to dismantle. Let's get it done.

They'd rather win the battle and lose the war?

“But if you lose, you don’t get to write the platform -- that’s the way this works.” --Steve Duprey, N.H. Republican Nat'l Committeeman

"But if you have little to distinguish yourself from your incumbent opponent and have but a slim chance of winning in the first place and then snub the vast majority of Americans who are disgusted with business as usual and want to see the Fed audited, you don't get to increase your chances of maybe one day sitting in the Oval Office -- that's the way this works." --mdefarge, Daily Paul contributor

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Oh really? He'll support the Audit all of a sudden????

STFU. Seriously. S. T. F. U. Already!

He will say absolutely anything to appease even one person because he's desperate for the support HE DOES NOT HAVE! Romney is set up to LOSE against BO. He's the fall guy. We all know it. As soon as BO comes out and flashes that Denzel Washington/Bill Cosby Hybrid "charisma" flippity floppity Mittens is done for.

NO
ONE
BUT
PAUL
period

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

GOP platform?

What does that mean?

what part of their current/old platform do they heed/follow now?

Jackson County Georgia

War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
Thomas Jefferson

a picture of the two pauls conspiring

love these subtle media jabs

this woman journalist needs a new job

oh, no, nevermind. i don't want her to live off my tax.

It wont go anywhere...

If youve noticed, Fox/Newscorp. is actually running interference for the Obama admin./ the Fed. Lou Dobbs thinks this audit thing is silly, and he uses the exact same arguements as Bernanke does. Gerri Willis and the rest of Fox Business Network are reliably on the side of their major sponsor: Goldman Sachs.

Ever notice how Goldman is a major advertiser on every financial news network? How are the anchors going to be allowed to criticize their sponsor, and lobby against their major sponsor's interest?

Visit https://soundcloud.com/politics-of-freedom for all recent Ron Paul interviews, speeches, debates, forums, panels, press conferences, news coverage, and Texas Straight Talk updates!

"Terrorism is the war of the poor, while war is the terrorism of

Rockwell

Rockwell:

Let's face it: the Republican party platform is a bunch of balderdash. Can you name anything now in it? Yet, as another step forward in Ron Paul's long war against central banking, it does mean something to discuss the idea, whether it ends up in the platform or not. The senate and the prez would never agree to audit the Fed, and therefore its passage by the house means nothing legislatively. But it was a huge publicity coup for Ron, even though virtually no one in the house except him would have voted for the bill if it had meant an actual audit. Ron Paul's target is not politicians, though he is glad to get a few defections from the regime, but the people of America and the world. There, he is gaining victory after victory. Combine that with the crash of '08 and the worsening depression, and you have the makings of an ideological revolution that does indeed keep Bernanke and the banksters awake at night. Romney is a flash in the pan. Ron Paul is the continuing influence. For the first time in 100 years, he has made central banking and its partner in crime, fractional-reserve banking, issues that people care about. Among the crooked and bloodthirsty pygmies who constitute the Republican convention, Ron Paul is the giant. And note: though Ron used politics as his educational nplatform, he is in politics but not of it. His magnificent achievements, which will continue and build, have nothing to do with the lust to rule that otherwise defines that despicable occupation

Sure Ron Paul is gaining victory after victory.

Sure Ron Paul is gaining victory after victory, that's why the number of visitors to this site continue to go down every week, just like his popularity in the Revolution movement. Some people need to stop being delusional and start looking at the facts.

Delegates ~ He has given you

Delegates ~ He has given you some marching orders here. Please take heed.

"Paul said. If Republican leaders “exclude it, I would think some of my supporters would be annoyed and feel strongly enough to take it to the floor under the rules.”

As you can see, Dr. Paul expects his delegates to push the envelope at the convention.

Go delegates! Be assertive and don't back down!

Blessings )o(

Yes.

Dr. Paul continues to make it perfectly clear what needs to be done.

Be respectful, but do NOT back down.

"What if the American people learn the truth" - Ron Paul

Anyone who believes this B.S.

Anyone who believes this B.S. Ron Paul is trying to sell is an idiot. Ron Paul just wants you delegates to believe you actually gained something for all your trouble while they try to nominate Romney for president. This whole idea is a farce being played upon the liberty movement and our delegates. The delegates need to WAKE THE HELL UP to this FACT and expose this fraud for what it is. Fight for a platform which will do nothing for you, me, or the rest of America? Screw that, you would make TEN TIMES the statement if you all just stayed home in bed instead, if your going to Tampa to succeed in anything then go there and make the press and everyone else know you have no intentions of supporting this terrorist POS named Willard Mitt Romney.

sh*tty lil bitty from lil smitty

Go away silly.

Ron Paul IS the liberty movement.

Without his 40 years of fighting the good fight ALL ALONE, none of this organization called the liberty movement would exist...

yeah, dropping out of the process will get us 10x better results than pressing the fight...seriously you should seek help for your laughingly bizarre logic.

I can not vote you up or down.

It is up to the Delegates to decide who the nominee will be. It is up to us to provide the Delegates with information that has not been made readily available. Some Delegates are well-informed. Some are not.

It is my duty as a citizen to participate in the most effective way possible. After Tampa, which is only one phase of many, there is STILL much work to be done.

Lastly, it is not up to Ron Paul. He is one voice and our selected representative. It is up to you, me, and every citizen to understand the truth and the processes and to do what is right. Anything short of that is moot.

I understand your frustration. I am frustrated too, but keep it at bay. It does not take a majority to prevail...inside, I AM WELL BEYOND IRATE.

I will not stay home in bed.

"What if the American people learn the truth" - Ron Paul

Why

does just about every frickin article have lies and/or propaganda inserted into it???

"...without ceding the power to dictate the party’s message to a candidate who didn’t earn enough delegates to contend for the nomination...." <---- BIG FAT LIE

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

That's because all these

That's because all these articles are put out by low life global terrorists like this POS Bloomberg.

POS terrorists like Bloomberg can't face the reality that the American people don't like or want his terrorist POS candidate Willard Mitt Romney, instead these terrorists POS live in their own warped twisted world and put out car-rap like this to try and make themselves think their lies are the truth, even when the truth is shoved in their evil terrorist face as they watch THOUSANDS show up to see the true winner of the Republican primary race while their terrorist fraud Willard Romney FAILED to see even a fraction of this kind of support. Sorry Bloomberg, your fraudulent voting machines don't count for sh.., so stick the bogus vote totals up your asp till they come out of your ears as far as I care.

Face it Bloomberg, your days are numbered, soon all you global terrorist POS are going to be rotting in prison for your crimes against the people of this country. We will see if you can face reality then you deranged mother f'ing terrorist POS.

What does this change? Will

What does this change? Will any of us vote for Romney if he says he would audit the Fed? Hell, most of us wouldn't vote for him if he said he'd adopt Ron's full platform today. He has made it pretty clear what he says doesn't mean a thing.

End The Fed!
BTC: 1A3JAJwLVG2pz8GLfdgWhcePMtc3ozgWtz

Not just the Fed

The Federal Reserve as we all know creates money out of thin air....But so do the banks! But the banks have to do it a little different. The banks create money through borrowing. Yes debt! For every credit card, car loan, mortgage all types of bank loans are created when the borrower signs the promissory note or contract agreement. At that point the bank takes the note/contract deposits it into a account then turns around and gives it back to the borrow as a loan! You see the money did not exist until the borrow signed the note/contract. The borrower has funded is own loan with his future labor! This is how the Fed and the banks have made every American their debt slave! Now if you stop paying....the bank gets your house for free! Or if you keep your payments up the bank gets your labor for free! So its a win win for the banks!

Want proof that this is real? Ask yourself the following questions:

1. Were you told that the Federal Reserve Bank Policies and Procedures as well as the Generally Accepted Accounting Principles (GAAP) requirements imposed upon all Federally-insured (FDIC) banks in Title 12 of the United States Code, Section 1831(a), prohibit banks from lending their own money from their own assets or from other depositors? Did the bank tell you where the funds for the loan were to come from?

2. Were you told that the contract you signed, the promissory note, was going to be converted into a 'negotiable instrument' by the bank and become an asset on the bank's accounting books? Did the bank tell you that your signature on that note, makes it 'money', according to the Uniform Commercial Code (UCC), sections 1-201(24) and 3-104?

3. Were you told that your promissory note would be taken, recorded as an asset of the bank, and then sold by the bank for cash, without "valuable consideration" given to obtain your note? Did the bank give you a deposit slip as a receipt for the promissory note you gave them, just as the bank would normally have to provide when you make a deposit to the bank?

4. Were you told that the bank would create a new account at the bank that would contain this money that you gave them?

5. Were you told that a check from this new account would be issued with your signature, without your knowledge, and that this new account would be the source of the funds behind the check that was given to you as a "loan"?

If you answered "No" to any of these questions, YOU HAVE BEEN CHEATED! How does that make you feel? It is now up to you to demand your deposit back and to challenge the validity of this bank loan Agreement. Since the banks and other lending institutions cannot allow "full disclosure" of your loan Agreement and cannot answer your challenges about it, their silence is the key, along with other necessary steps that can be learned by you, to get your deposit back and/or "payoff" their alleged loan to you.

They may put a plank in the platform,

But, there is no way Romney will follow through on the Fed audit bill.

Putting a plank in the platform is good

getting Romney to walk that plank would be better.

It's more like walking the plank Into hell

Romulan's 59 point economic plan is another ruse

I agree...

what Romney says pretty much means nothing. He and his buddies benefit too much from status quo. Just like the current, and 'several' past administrations.