Federal Reserve Threatens Congress Over HR 1207

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From infowars:

On Thursday of last week, the Federal Reserve’s vice chairman, Donald Kohn, threatened to jack up interest rates if Congress continues to expose “some of the U.S. central bank’s most sensitive decisions to political scrutiny,” Reuters reported. “Any substantial erosion of the Federal Reserve’s monetary independence likely would lead to higher long-term interest rates as investors begin to fear future inflation,” Kohn told a House of Representatives Financial Services subcommittee.

Kohn’s threat came as Ron Paul’s bill to audit the Federal Reserve (HR 1207) has picked up 256 co-sponsors — more than 55% of the House of Representatives. HR 1207’s companion bill in the Senate, S 604, has already attracted 8 co-sponsors. Kohn and his boss Ben Bernanke are obviously very concerned over the prospect that the American people may soon have a look at their books.

More and Reuters video interview of Ron Paul: http://www.infowars.com/federal-reserve-threatens-congress-o...

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Email Scatter Bomb

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In light of the present financial crisis

it's interesting to read what
Thomas Jefferson said in 1802:

"Banking institutions are more dangerous to our liberties than standing
armies. If the American people ever allow private banks to control the
issue of their currency, first by inflation, then by deflation, the banks
and corporations that will grow up around the banks will deprive the
people of all property until their children wake-up homeless on the
continent their fathers conquered."

Doesn't this sound eerily familiar to what is happening in America today?

higher interest rates are coming...

no matter what happens!

kinda like, "If we don't have this stimulus package, GM will go bankrupt"!

uh, guess what?

same story, different day...the american memory is so short...its almost like we've been dumbed down!

O Captain, My Captain, rise up and hear the bells!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!

YES! WE NEED HIGHER INTEREST RATES!!

Seriously. Higher interest rates will help strengthen the dollar and stem off inflation.

I reserve the right to govern myself.

I reserve the right to govern myself.

Ditto

Higher rates will draw 'hoarded' dollars back into the capital markets. This would be our salvation!

betcha linda the lobbyist

is even busier behind the scenes!

R3VOLution

Three possible scenarios

Interest rates go up and they cut the credit to most of us, and things go on as usual, having plundered the Americans of their property and wealth.

OR

Our land is collateral for these trillions of dollars we supposedly owe, and our country is taken over by foreign governments, or the UN, perhaps creating the North American Union in the process.

OR

The people will rise up and say no to the New World Order and enslavement, and hold these criminals accountable.

i vote for...

#3!

O Captain, My Captain, rise up and hear the bells!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!

are they in fact

admitting Ron is spot on?
once the inflation is truly realized the interest rates should go up, right?

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul

The Federal Reserve is not

The Federal Reserve is not the answer to our problems...it is the problem.

A bit of a spin on a Reagan quote, but true nonetheless. lol

They are going to do it anyway

That was the plan all along.

Screw the parasite

He should get a job that the market actually wants.

bump

.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

This

is exactly what the central banks threatened Andrew Jackson with this is not new as matter of fact its older then sin.

yes,

but the difference now is that we are wise to their games...many of us are, anyway...

i hope our numbers are enough

O Captain, My Captain, rise up and hear the bells!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!