will end up a nonissue just as every other issue ..americans have an attention span of less than a "millisecond"... we are through and Dr Paul is simply playing the only game he knows..noble but in his own self interest ..as every other pol...
Frank doesn't plan on passing Ron's bill, HR 1207, but a watered-down non-audit like they passed in the 70's. This is the same guy that has been holding up HR 1207 for months, if he wanted a real audit there would be no reason to hold it up. Sorry, but if Frank/Bernanke gets his way we'll get an "audit" but not an audit.
Submitted by SaintEntreri on Sat, 08/29/2009 - 13:08.
What really ticks me off about this is that only one excuse is ever provided for not auditing the fed, albeit sometimes worded differently. It would destroy confidence in the fed and kill the dollar if ANY ONE WORD of information about their policies is made public, more or less is what they say, every one of them.... Isn't the only logical conclusion from their own arguments then that what IS being done is WRONG, even if we don't know specifically what it is yet, if everyone would get mad if they knew? I understand why they use the excuses, because they have nothing else, because they are insane, and because they are greedy and like their place as it is. What I really DO NOT understand is how people keep on BUYING it. Does nobody understand what the only provided excuse implies? Or do they just not even bother processing it enough to realize?
Submitted by spellbee23 on Sat, 08/29/2009 - 12:24.
If you haven't already, read the post on misinformation. Barney Frank never said it would pass in October. That video is missing a key line at the very end that explains that he thinks his regulatory package will pass then, not HR 1207.
Submitted by Mell_o_Drama on Fri, 08/28/2009 - 23:59.
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.
he's really saying is if we expect it to pass, whatever else comes our way, we must remain passionate.
—
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.
Submitted by sempiternal on Fri, 08/28/2009 - 21:49.
Even though it is not accurate, if the public opinion is that Barney Frank will help pass HR1207 in October, then support for it will grow and people will expect him to.
It will essentially corner him, with his own words.
and dried or black and white people are going to be "yelling at you".
Don't take it personal I've been sucked in more than once and am sure I will be again but you have to remember most of these career politicians are lawyers,liars and just plain ol evil people and know how to structure and phrase things so what comes out sounds great but is usually crap...
If Frank was sincere he would have been a co-sponsor long ago...
.
.
.
im positive frank will derail this bill by attaching shit to it or watering it down so its useless.
and if you listen carefully you can hear someone ask him off mic and off camera "are you going to pass 1207 this year" and thats when he says we will pass it in october.
the transcript you were quoting doesnt have that in it.
but whatever, its out of my hands. im goin to find a happy hour somewhere with a hot bartender. later guys =)
The House voting on this??? So what! It most likely will be meaningless in the sense of an actual audit (I hope not, but look at the promptness of the fed response lately to the courts); further it will be meaningful in the sense of the NeoCons using this as a huge distraction for the grassroots liberty movement... in order to maintain their power base come 2010 and 2012!!
SO... let's see... there are 23 Senators having signed on... at this point it is still dead. Let's see... hmmmm... add an additional 5 or so senators per month, enough to keep the grassroots excited and engaged, and by 2010 we can retain all our seats in the whole congress... 'status quo', 'incumbents rock', and all that stuff... !?!
Then (yawn), we can start the process of fighting for a fantastic single issue bill all over again, drag it out just 'tantalizingly' long enough to keep the liberty movement engaged to the hilt through 2012... then we call Gingrich or Huck, or Romney, or Palin out of the woodwork, throw the full "liberty minded weight" of all the born again former Paul haters such as Beck, maybe even Napolitano, etc. behind these newly, born again "freedom lovers" (the same ones who helped cheat against Paul and offer up McCaininites for the tweedle-dee tweedle-dumb POTUS race last time)...
...and there you have the predictable outcome... as predictable as scholar's mate in chess! Piece of cake... been there, done that, and it is coming to a once free country near you soon!!
"Suspicion is a Virtue, if in the interests of the good of the people." Patrick Henry
"We are not weak if we make a proper use of those means which the God of Nature has placed in our power... the battle, sir, is not to the strong alone - it is to the
—
"Suspicion is a Virtue, if in the interests of the good of the people." Patrick Henry
Submitted by Coreadrin on Fri, 08/28/2009 - 22:14.
In the end I have come to the conclusion that it doesn't matter what the "neo-cons" or any of these power-hungry sadist control groups try to do - they have already done MORE than enough to prove that centralized power fails utterly.
If the Fed isn't audited now, just wait for a year from now when the markets are decimated and the economic numbers are even more horrendous. If RP and the rest just keep planting the seeds and steering people to where the TRUE causes or our woes are, we will have success. These elitist idiots are so full of ego they don't realize that their every action now only bring the collapse of their attempted structures closer and thus their own undoing!
You give these people too much credit. If you are Austrian Econ - educated you should know that centralization fails. Without exception. On one hand libertarians argue for this, then int he next sentence there is a small select few pulling all these strings and succeeding! Come on now, it's born to fail from the first minute. Just let 'em burn themselves! They can only point the mob in so many false directions before they only place left to go is right back on their own heads!!
Speaking of market crashes I'm all out in cash and some long-term put options as of last week. If any of you guys trade check out the link at the bottom of my posts.
Derek.
Progress is precisely that which the rules and regulations did not foresee. - Ludwig Von Mises.
Submitted by Jive_Dadson on Fri, 08/28/2009 - 19:04.
He did the old soft shoe, then said the bill would be part of "the overall federal regulation that we are redacting," not a separate bill. He also said, in effect, that it would be amended.
towards the end, you can barely hear it but they ask him directly "will you guys pass 1207 this year?" and thats when he respons yes we will pass it in october.
Comptroller Dov Zakheim was tasked with tracking down the 2.6 trillion dollars missing from the pentagon budget (as revealed by Rumsfeld the day before 9/11). Who will be tasked with tracking down the misplaced trillions after the fed gets an audit I wander.
of their ego (VegasBD) to realize that this post should be eliminated for not being factual and is entirely misleading????? Who cares if your post and video was picked up by some raggy newspaper???
I've had it with the blatant stupidity on this site.........
This is a war were in so wake up........get your attention? Read the links and get rid of this post.
until then when I see blatant misinformation about the most critical bill introduced in the last 96 f****ing years I'm not going to "chill out" And my name isn't "dude".
Not trying to start a fight, just trying to get the OP to wake up and delete this misleading post..
Submitted by Liberty_Mike on Fri, 08/28/2009 - 21:18.
I'm not telling you to chill out about the bill, and I am glad you are so enthusiastic about fighting for it. However, I'm telling you to chill out on your name calling and personal attacks of other members that post on this board. There is no need for it. If we expect people from outside the movement to take what we have to say into consideration, we need to start treating each other better and stop the nonsense.
There is a war and nothing has CHANGED. Watching people rant on videos that are for or opposed to Ron Paul has little to do with the big picture and accomplishes nothing. It's all about what is happening not what could happen. Barney's bull stinks.
all i did was post a video dude. i thought it was some good news and wanted to share. its not misleading, the way MOST people hear it is different than your take on it. no reason to get so irate at me, geez. i cant believe how mean some DPers are now. =(
and yet this thread still is getting stroked. It is misleading and spreading this manure around the internet and digging it is dangerous at this extremely precarious position this nation is in.
HR 1207 is the focus,take no prisoners, no dilutions, no watering it down, no adding it to Barneys bill or Joe Blows bill...It has to stand alone and be passed.That is our foot in the door,get it?
Nothing personal but if you cannot understand what is happening nor can you follow links that lead to the text (transcript) of what B Frank actually said you need to step aside.
Once again this post has been refuted (see above link).
about 40 have confirmed it so far (both media outlets and respectable blogs like Mish and ZeroHedge)
so its just how YOU took it. to me, he clearly is talking about 1207. to you he is not. so we disagree, dont need to go all crazy.
if youre just mad that its posted on the front page then tell the owner of this site to take it down, i dont give a shit, i was just trying to spread some good news. i know barney is probably lying and will do whatever he can to derail this bill, but its still good news that he said it i think.
and the transcript you refer to doesnt include the barely heard question from the audience that he actually was responding to, watch the video again.
still dont understand why you are so fired up. i disagree with lots of stuff on here but ive never posted anything negative or let alone personal attacks calling other DP users egotistical and having no balls or self control....so again ill ask, why do need to be so mean?
If getting misinformation on the front page does it for you more power to you.But if you think for one minute I'm going to sit back and let this crap fly without being in your face about it or bother Michael with this bullshit you have another thing coming.
This ones on you, you have been given the information. It's up to you to get rid of the thread if you are honest with yourself.
http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-tha...
A sloppy and incomplete transcript, which appears to have originated at the Washington Times, is making the rounds. The transcript is missing an essential sentence, which is marked in bold:
Barney Frank: “I have been pushing for more openness from the Fed. I want to restrict the powers of the Federal Reserve. First of all, the Fed will be the major losers of power if we are successful, as I believe we will be, setting up a financial product protection commission. The Federal Reserve is now charged with protecting consumers. They were supposed to do subprime mortgage restrictions.
Congress in 1994 gave the Fed powers to ban subprime mortgages. Alan Greenspan refused to do it. They had the power to ban credit card abuses. Under Greenspan they did nothing. Under Bernanke they started but only after Congress acted.That’s one of the reasons why in the new consumer protection agency, we will take away from the Federal reserve the power to go consumer protection.
Secondly, they have has since 1932 a right under Herbert Hoover to intervene in the economy whenever they could. Last September, the Federal Reserve they were going to advance $82 billion to AIG. I was kind of surprised and said, ‘Mr Bernanke do you have $82 billion?’ Mr. Bernanke replied, ‘I have $800 billion and under section 13.3 of the Federal Reserve Act they can lend anything they want.’
We are going to curtail that lending power. We are going to put some restrictions on it.
Finally we will subject them to a complete audit. I have been working with Ron Paul, who is the main sponsor of that bill. He agrees that we don’t want to have the audit appear as if it influences monetary policy as that would be inflationary.
One of the things the audit will show you is what the Federal Reserve buys itself. And that will be made public, but not instantly because if it was made instantly people would be trading off it, so the data would be released after a time period of several months, enough time so it will not be market sensitive.
???"That will be part of the overall federal regulation that we are redacting. This will probably pass in October.”???
???With “This will probably pass in October”, Frank is referring not to HR 1207, but to his own financial regulation bill, which might or might not include some aspects of Ron Paul’s HR 1207. The preceding sentence, “That will be part of the overall federal regulation that we are redacting,” is for some reason missing from the widely distributed transcript, and has therefore been completely ignored by bloggers and commentators.???
In recent weeks Ron Paul repeatedly warned against just this sort of thing happening: that HR 1207 might become part of a more comprehensive financial regulation bill and be watered down so that it appeases the angry masses without instituting any real changes. It would be an irony of history if that happened — if HR 1207 were watered down and integrated into an unconstitutional bill that Ron Paul would have to vote against.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
What did Ron Paul really say?
It has become fashionable for the political elite to try to distort Ron Paul’s statements for political gain or even put entirely new words into his mouth. Just the other day, Treasury Secretary Tim Geithner said, “Even [Ron Paul] recognizes how important it is to us to have the Fed independent of politics.”
Lie: http://www.ronpaul.com/2009-08-27/tim-geithner-even-ron-paul...
Now Barney Frank claims that “[Ron Paul] agrees that we don’t want to have the audit appear as if it influences monetary policy as that would be inflationary.”
Ron Paul never said that an audit of the Federal Reserve would be inflationary. In fact, he has credibly demonstrated the exact opposite: that the secretive Federal Reserve itself is responsible for inflation, with the dollar having lost 96% of its value since the Fed’s creation in 1913.
Here is what Ron Paul actually said about HR 1207, the bill to audit the Federal Reserve, and why only a real audit will protect the public’s interest.
______________________________________
“Let them protest all they want, as long as they pay their taxes.” ...credited to Al Haig, Ronald Reagan's Secretary of State. http://groups.yahoo.com/group/liberty_outlook/
Frank has no intention of 'passing' HR1207, especially in it's current format. If he and Mobama can rewrite it to their terms (as was done in the past), then maybe they would pass something. Barney is no friend to Liberty as far as I am concerned.
the washington times also contacted me about this video via youtuvbe, might end up in there too!!! kinda funny. shows ya how influential DP and its members are!
Submitted by TomJefferson on Fri, 08/28/2009 - 15:45.
that people are asking about it at townhalls and that he is forced to respond. I had to rewind, because at first I thought he meant HR1207. After all this time, FINALLY some encouraging words of support for the bill from Barney Frank on the points that he and Ron agree upon.
Submitted by laissez faire on Fri, 08/28/2009 - 15:36.
No one is saying Barney Frank is a friend to liberty. No one is saying he is a friend to Ron Paul. But there is now a reasonable chance that some audit of the Fed that Ron Paul agrees with will be passed by the House. That is terrific progress, illustrating the power of Dr. Paul, his supporters, and the power of the message itself. If Ron is happy with this development, I will be too.
—
"It’s been one of my goals, as long as I’ve been in politics, to work with coalitions because I think ultimately it’s the only way you’ll ever get anything done." Ron Paul, May 2010
Submitted by runforron on Fri, 08/28/2009 - 14:54.
The administration couldn't stop the hundreds of congressmen from cosponsoring a bill that demanded to know where trillions of our tax dollars have been spent, so now they are co-opting the massively popular movement in an attempt to pass even more draconian and prosperity crushing measures over our money supply. Early yesterday Freshmen Democratic Congressman Alan Grayson reported on the radio they expect to pass HR1207 in September. Today a viral youtube video seems to confirm this message from the Chairman of the Financial Services Committee, Barney Frank. The Washington times reported on this message here: http://www.washtimes.com/weblogs/back-story/2009/aug/28/barn...
The chilling quote everyone should focus on is this found in the article: "Rep. Paul's, Texas Republican, bill if added to Mr. Frank's other proposed reforms could give a boost to a financial regulation package the Obama Administration wanted to pass last spring."
The Obama Administration is diametrically opposed to offering any information about the Federal Reserve. They have fought in court to keep this information from the public: http://www.reuters.com/article/ousiv/idUSTRE57O03P20090825 and have since appealed the case.
Obama wants sweeping new powers for the Federal Reserve and its unelected officials: http://uk.reuters.com/article/idUKTRE5476T220090508
Barney Frank only wants more bureaucracy and less accountability, is what his speeches (if you can stand their meandering nonsense for more then five seconds) have all proposed.
Ron Paul has slammed Obama and Frank for giving less oversight and more power to the Federal Reserve: http://www.infowars.com/ron-paul-slams-federal-reserves-new-...
Timothy Geithner, Treasury Secretary has said on numerous occasions any audit of the Fed will be disastrous for our economy. Not exactly a subtle hint the Obama Administration has no interest in sponsoring any bill that Ron Paul created.
Obama's administration is trying to do exactly what they did during the Presidential run. They saw the online momentum and social networking sites making Ron Paul famous and then poured their billions of foundation money into mimicking Ron Paul's success. Now they're just doing the same thing with any successful bill against their will. This must be fought harder then ever because if a bill passes that increases the Federal Reserve's power then all the grassroots hard work will be for nothing.
—
_ _ _ _ _ _ _ _ _ _
Start getting freedom today by dumping Federal Reserve Notes, Stocks, Banks and anything made outside the USA. Buy precious metals, real estate, businesses, food and guns and get your business community to use local or sound currenc
personages of Barney Frank and the Dalai Obama are actually going to co-opt HR-1207 and try to, in effect, make it their "cause" in order to allow them to politically align themselves with a popular national movement. I will try. In the meantime however, and in order to hedge my bets somewhat, I think that I'll also be inclined to join, as much as possible, the efforts around the state which seek to put the maximum amount of pressure on elected representatives to at least support the bill and, hopefully, actually be willing to do battle on behalf of the bill. Barney Frank has previously stated his opposition to the bill and Obama has renominated Helicopter Benochio Bernanke, which I cannot read as a positive endorsement of HR-1207. However, we'll see how it turns out. Good luck to us and to uncovering and making public the truth. If that happens, then I will take whatever consequences flow from uncovering the truth.
I do not underestimate the various procedural and legislative devices available to these men that can be used in order to kill HR-1207 or to castrate any good that it may seek to bring about. The bill is only about 3 pages.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
—
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"An economy built on fiat money is a society on its way to ashes."
Submitted by Johndoe804 on Fri, 08/28/2009 - 14:27.
From his comments, it seems like they will move to pass a watered down version of the audit. I personally urge everybody to keep up the pressure on our representatives, telling them not to vote for an amended version of the bill.
For the life of me, I cannot understand how this audit would affect the independence of the Fed in monetary policy. All it would do is to make it clear what actions they are taking with their independence. The powers that be seem to be very afraid of these actions coming to light. The only way the audit could potentially affect monetary policy would be in the revelations of the people to the Fed's insidious actions.
Submitted by michaelwise on Fri, 08/28/2009 - 14:23.
Let's have the Fed and the Treasury deposit One Million Dollars into every American Citizens bank account that they can't touch, but they can skim off the interest and profits from those accounts over time.
The Fed and the Treasury deposited billions and trillions into the accounts of Wall Street and the banksters so they can skim off the systemically looted computer programmed profits, and make billions of dollars and pay themselves multi million dollar bonuses. It's only a matter of fairness to do the same for every citizen.
Submitted by LibertyBaby on Fri, 08/28/2009 - 14:04.
He talks about his committee passing a broad "reform package" in October, but he does not specifically address H.R. 1207 or its content.
After all this time, Frank is still dancing around the subject of H.R. 1207. Now he may well incorporate apsects or have a hearing on some aspects of H.R. 1207 as part of his committees so-called overall "reform package", but there is no indication that the very precise audit criterea and audit scope defined in H.R. 1207 will ever be what Frank intends to pass.
The Title needs to be changed. It is way prematuer to declare any victory at this time.
They are probably planning a financial debacle that will take down the dollar before we see October 1. "Audit the Fed" could be rendered moot by that time. I've heard rumors of bank holidays and instructions to US embassies to buy up enough local currency to last them a year. Anyone have info or hard evidence in this regard?
Barney Frank is scripted by bankers. They're up to something nasty, as usual.
Barney Frank....
is full of shit. Take him away.....
9/11 was an inside job .....time to get some answers..RP 2012
9/11 was an inside job .....time to get some answers..RP 2012
total joke ....the audit will end ..........
will end up a nonissue just as every other issue ..americans have an attention span of less than a "millisecond"... we are through and Dr Paul is simply playing the only game he knows..noble but in his own self interest ..as every other pol...
This is a distraction
Frank doesn't plan on passing Ron's bill, HR 1207, but a watered-down non-audit like they passed in the 70's. This is the same guy that has been holding up HR 1207 for months, if he wanted a real audit there would be no reason to hold it up. Sorry, but if Frank/Bernanke gets his way we'll get an "audit" but not an audit.
Grayson says it's a Go
Interview with Congressman Alan Grayson, the go-between for Dr. Paul and Barney Frank
http://www.4shared.com/file/128201552/d2926ca5/TGR_082709.html
Financial Times Article
http://www.ft.com/cms/s/0/95584770-9409-11de-9c57-00144feabd...
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
Thomas Jefferson
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
Thomas Jefferson
What really ticks me off
What really ticks me off about this is that only one excuse is ever provided for not auditing the fed, albeit sometimes worded differently. It would destroy confidence in the fed and kill the dollar if ANY ONE WORD of information about their policies is made public, more or less is what they say, every one of them.... Isn't the only logical conclusion from their own arguments then that what IS being done is WRONG, even if we don't know specifically what it is yet, if everyone would get mad if they knew? I understand why they use the excuses, because they have nothing else, because they are insane, and because they are greedy and like their place as it is. What I really DO NOT understand is how people keep on BUYING it. Does nobody understand what the only provided excuse implies? Or do they just not even bother processing it enough to realize?
Misinformation alert!
If you haven't already, read the post on misinformation. Barney Frank never said it would pass in October. That video is missing a key line at the very end that explains that he thinks his regulatory package will pass then, not HR 1207.
no - he does not.
the title of this thread needs to be changed.
keep the video but it should not be have that title and be on the top of
the front page.
Ron Paul is my President
Ron Paul is My President
Right...
When pigs fly :)
OK, if he says October, we cannot let enthusiasm dwindle, what
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.
he's really saying is if we expect it to pass, whatever else comes our way, we must remain passionate.
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.
If this news becomes popular it can actually be beneficial.
Even though it is not accurate, if the public opinion is that Barney Frank will help pass HR1207 in October, then support for it will grow and people will expect him to.
It will essentially corner him, with his own words.
This relies on the word getting out though.
Digg it. Only 30 minutes left. 121 Diggs!
Ron Paul's Convention Speech
Ron Paul's Convention Speech
its happening, look at all these news outlets that are runnin it
edit: nevermind. im deleting this post, dont want that one dude screaming at me again. not worth it
Knock Yourself Out Post What To Want But If It's Not Cut...
and dried or black and white people are going to be "yelling at you".
Don't take it personal I've been sucked in more than once and am sure I will be again but you have to remember most of these career politicians are lawyers,liars and just plain ol evil people and know how to structure and phrase things so what comes out sounds great but is usually crap...
If Frank was sincere he would have been a co-sponsor long ago...
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http://www.ronpaulsingles.com/
Paper Ballots Hand Counted At The Precinct Or Bust
Support WTP Federal Supreme Court Case To Ban All Electronic Voting Or Forget 2010 or 2012
http://www.wethepeoplefoundation.org/UPDATE/Update2009-05-11...
Paper Ballots Hand Counted At The Precinct Or Bust
Support WTP Federal Supreme Court Case To Ban All Electronic Voting Or Forget 2010 or 2012
http://www.wethepeoplefoundation.org/UPDATE/Update2009-05-11...
Ron Paul 2012
agree with you
im positive frank will derail this bill by attaching shit to it or watering it down so its useless.
and if you listen carefully you can hear someone ask him off mic and off camera "are you going to pass 1207 this year" and thats when he says we will pass it in october.
the transcript you were quoting doesnt have that in it.
but whatever, its out of my hands. im goin to find a happy hour somewhere with a hot bartender. later guys =)
Have a great evening. I'm
Have a great evening. I'm about to do something along the same lines!
Voted on? So What?!?
The House voting on this??? So what! It most likely will be meaningless in the sense of an actual audit (I hope not, but look at the promptness of the fed response lately to the courts); further it will be meaningful in the sense of the NeoCons using this as a huge distraction for the grassroots liberty movement... in order to maintain their power base come 2010 and 2012!!
SO... let's see... there are 23 Senators having signed on... at this point it is still dead. Let's see... hmmmm... add an additional 5 or so senators per month, enough to keep the grassroots excited and engaged, and by 2010 we can retain all our seats in the whole congress... 'status quo', 'incumbents rock', and all that stuff... !?!
Then (yawn), we can start the process of fighting for a fantastic single issue bill all over again, drag it out just 'tantalizingly' long enough to keep the liberty movement engaged to the hilt through 2012... then we call Gingrich or Huck, or Romney, or Palin out of the woodwork, throw the full "liberty minded weight" of all the born again former Paul haters such as Beck, maybe even Napolitano, etc. behind these newly, born again "freedom lovers" (the same ones who helped cheat against Paul and offer up McCaininites for the tweedle-dee tweedle-dumb POTUS race last time)...
...and there you have the predictable outcome... as predictable as scholar's mate in chess! Piece of cake... been there, done that, and it is coming to a once free country near you soon!!
"Suspicion is a Virtue, if in the interests of the good of the people." Patrick Henry
"We are not weak if we make a proper use of those means which the God of Nature has placed in our power... the battle, sir, is not to the strong alone - it is to the
"Suspicion is a Virtue, if in the interests of the good of the people." Patrick Henry
In the end I have come to
In the end I have come to the conclusion that it doesn't matter what the "neo-cons" or any of these power-hungry sadist control groups try to do - they have already done MORE than enough to prove that centralized power fails utterly.
If the Fed isn't audited now, just wait for a year from now when the markets are decimated and the economic numbers are even more horrendous. If RP and the rest just keep planting the seeds and steering people to where the TRUE causes or our woes are, we will have success. These elitist idiots are so full of ego they don't realize that their every action now only bring the collapse of their attempted structures closer and thus their own undoing!
You give these people too much credit. If you are Austrian Econ - educated you should know that centralization fails. Without exception. On one hand libertarians argue for this, then int he next sentence there is a small select few pulling all these strings and succeeding! Come on now, it's born to fail from the first minute. Just let 'em burn themselves! They can only point the mob in so many false directions before they only place left to go is right back on their own heads!!
Speaking of market crashes I'm all out in cash and some long-term put options as of last week. If any of you guys trade check out the link at the bottom of my posts.
Derek.
Progress is precisely that which the rules and regulations did not foresee. - Ludwig Von Mises.
http://www.investophoria.com
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
Progress is precisely that which the rules and regulations did not foresee. - Ludwig Von Mises.
The title is incorrect
He did the old soft shoe, then said the bill would be part of "the overall federal regulation that we are redacting," not a separate bill. He also said, in effect, that it would be amended.
a person asks him off mic
towards the end, you can barely hear it but they ask him directly "will you guys pass 1207 this year?" and thats when he respons yes we will pass it in october.
Missing trillions
Comptroller Dov Zakheim was tasked with tracking down the 2.6 trillion dollars missing from the pentagon budget (as revealed by Rumsfeld the day before 9/11). Who will be tasked with tracking down the misplaced trillions after the fed gets an audit I wander.
Does Not Anyone Have Any Common Sense Or Balls Or Control...
of their ego (VegasBD) to realize that this post should be eliminated for not being factual and is entirely misleading????? Who cares if your post and video was picked up by some raggy newspaper???
I've had it with the blatant stupidity on this site.........
This is a war were in so wake up........get your attention? Read the links and get rid of this post.
(Thanks sharpsteve)
http://www.dailypaul.com/node/104933
http://www.dailypaul.com/node/104933
http://www.dailypaul.com/node/104933
http://www.dailypaul.com/node/104933
http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-tha...
http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-tha...
http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-tha...
http://www.ronpaulsingles.com/
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Ron Paul 2012
Dude, chill out. No reason
Dude, chill out. No reason to start fights within our movement. No one wants your negative attitude here.
Liberty_Mike I'll Chill When I'm Six Feet Under.............
until then when I see blatant misinformation about the most critical bill introduced in the last 96 f****ing years I'm not going to "chill out" And my name isn't "dude".
Not trying to start a fight, just trying to get the OP to wake up and delete this misleading post..
http://www.ronpaulsingles.com/
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Ron Paul 2012
I'm not telling you to chill
I'm not telling you to chill out about the bill, and I am glad you are so enthusiastic about fighting for it. However, I'm telling you to chill out on your name calling and personal attacks of other members that post on this board. There is no need for it. If we expect people from outside the movement to take what we have to say into consideration, we need to start treating each other better and stop the nonsense.
I agree
There is a war and nothing has CHANGED. Watching people rant on videos that are for or opposed to Ron Paul has little to do with the big picture and accomplishes nothing. It's all about what is happening not what could happen. Barney's bull stinks.
and then you die
why are you so mad?
all i did was post a video dude. i thought it was some good news and wanted to share. its not misleading, the way MOST people hear it is different than your take on it. no reason to get so irate at me, geez. i cant believe how mean some DPers are now. =(
I'm Not Mad Just Irritated And Disappointed That This Post Has
lasted all day and finally been refuted here:
http://www.dailypaul.com/node/104933
and yet this thread still is getting stroked. It is misleading and spreading this manure around the internet and digging it is dangerous at this extremely precarious position this nation is in.
HR 1207 is the focus,take no prisoners, no dilutions, no watering it down, no adding it to Barneys bill or Joe Blows bill...It has to stand alone and be passed.That is our foot in the door,get it?
Nothing personal but if you cannot understand what is happening nor can you follow links that lead to the text (transcript) of what B Frank actually said you need to step aside.
Once again this post has been refuted (see above link).
http://www.ronpaulsingles.com/
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Ron Paul 2012
two sites refuted it
about 40 have confirmed it so far (both media outlets and respectable blogs like Mish and ZeroHedge)
so its just how YOU took it. to me, he clearly is talking about 1207. to you he is not. so we disagree, dont need to go all crazy.
if youre just mad that its posted on the front page then tell the owner of this site to take it down, i dont give a shit, i was just trying to spread some good news. i know barney is probably lying and will do whatever he can to derail this bill, but its still good news that he said it i think.
and the transcript you refer to doesnt include the barely heard question from the audience that he actually was responding to, watch the video again.
still dont understand why you are so fired up. i disagree with lots of stuff on here but ive never posted anything negative or let alone personal attacks calling other DP users egotistical and having no balls or self control....so again ill ask, why do need to be so mean?
VegasBD Your Comprehension Skills Are Non Existant In My Opinion
If getting misinformation on the front page does it for you more power to you.But if you think for one minute I'm going to sit back and let this crap fly without being in your face about it or bother Michael with this bullshit you have another thing coming.
This ones on you, you have been given the information. It's up to you to get rid of the thread if you are honest with yourself.
http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-tha...
A sloppy and incomplete transcript, which appears to have originated at the Washington Times, is making the rounds. The transcript is missing an essential sentence, which is marked in bold:
Barney Frank: “I have been pushing for more openness from the Fed. I want to restrict the powers of the Federal Reserve. First of all, the Fed will be the major losers of power if we are successful, as I believe we will be, setting up a financial product protection commission. The Federal Reserve is now charged with protecting consumers. They were supposed to do subprime mortgage restrictions.
Congress in 1994 gave the Fed powers to ban subprime mortgages. Alan Greenspan refused to do it. They had the power to ban credit card abuses. Under Greenspan they did nothing. Under Bernanke they started but only after Congress acted.That’s one of the reasons why in the new consumer protection agency, we will take away from the Federal reserve the power to go consumer protection.
Secondly, they have has since 1932 a right under Herbert Hoover to intervene in the economy whenever they could. Last September, the Federal Reserve they were going to advance $82 billion to AIG. I was kind of surprised and said, ‘Mr Bernanke do you have $82 billion?’ Mr. Bernanke replied, ‘I have $800 billion and under section 13.3 of the Federal Reserve Act they can lend anything they want.’
We are going to curtail that lending power. We are going to put some restrictions on it.
Finally we will subject them to a complete audit. I have been working with Ron Paul, who is the main sponsor of that bill. He agrees that we don’t want to have the audit appear as if it influences monetary policy as that would be inflationary.
One of the things the audit will show you is what the Federal Reserve buys itself. And that will be made public, but not instantly because if it was made instantly people would be trading off it, so the data would be released after a time period of several months, enough time so it will not be market sensitive.
???"That will be part of the overall federal regulation that we are redacting. This will probably pass in October.”???
???With “This will probably pass in October”, Frank is referring not to HR 1207, but to his own financial regulation bill, which might or might not include some aspects of Ron Paul’s HR 1207. The preceding sentence, “That will be part of the overall federal regulation that we are redacting,” is for some reason missing from the widely distributed transcript, and has therefore been completely ignored by bloggers and commentators.???
In recent weeks Ron Paul repeatedly warned against just this sort of thing happening: that HR 1207 might become part of a more comprehensive financial regulation bill and be watered down so that it appeases the angry masses without instituting any real changes. It would be an irony of history if that happened — if HR 1207 were watered down and integrated into an unconstitutional bill that Ron Paul would have to vote against.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
What did Ron Paul really say?
It has become fashionable for the political elite to try to distort Ron Paul’s statements for political gain or even put entirely new words into his mouth. Just the other day, Treasury Secretary Tim Geithner said, “Even [Ron Paul] recognizes how important it is to us to have the Fed independent of politics.”
Lie: http://www.ronpaul.com/2009-08-27/tim-geithner-even-ron-paul...
Now Barney Frank claims that “[Ron Paul] agrees that we don’t want to have the audit appear as if it influences monetary policy as that would be inflationary.”
Ron Paul never said that an audit of the Federal Reserve would be inflationary. In fact, he has credibly demonstrated the exact opposite: that the secretive Federal Reserve itself is responsible for inflation, with the dollar having lost 96% of its value since the Fed’s creation in 1913.
Here is what Ron Paul actually said about HR 1207, the bill to audit the Federal Reserve, and why only a real audit will protect the public’s interest.
Panic at the Fed: Audit Will Show What They're Hiding - 7/30/2009
http://www.youtube.com/watch?v=Yz0WbujM4pU
http://www.ronpaulsingles.com/
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Ron Paul 2012
Maybe he's just having a bad day...
...?
______________________________________
“Let them protest all they want, as long as they pay their taxes.” ...credited to Al Haig, Ronald Reagan's Secretary of State.
http://groups.yahoo.com/group/liberty_outlook/
~~~~~~~~~~~~~~~~~~~~~~~~
"Let them protest all they want, as long as they pay their taxes.” ...credited to Al Haig, Ronald Reagan's Secretary of State.
http://groups.yahoo.com/group/liberty_outlook/
http://www.dailypaul.com/blog/1125
Ron Paul=Red Pill
Not Having A Bad Day xntryk1...
Just want to see this post disappear and if the OP would just open his eyes up and follow the links he would delete this post...
http://www.ronpaulsingles.com/
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Ron Paul 2012
I agree with Thomas
Frank has no intention of 'passing' HR1207, especially in it's current format. If he and Mobama can rewrite it to their terms (as was done in the past), then maybe they would pass something. Barney is no friend to Liberty as far as I am concerned.
Please "Pull" this post as it IS misleading.
IF it passes, I think I hear a SHREDDING MACHINE~~~
I have no doubt the FED & their cronies will be massaging numbers, names, addresses, times, places, everything.
The only way this would work is for Congress to arrest the FED for charges of obstruction of information and to confiscate their books.
If we were to catch them unawares, well, we could find out a LOT.
Piecemeal will not work~~as it will all be leaked ~~ the tolerable stuff first~~and the choice bits of information will never be leaked, imho.
Just in time
for the banking collapse,the swine flu . Then it will all be blamed on the people of this country
Hey, VegasBD, RawStory.com just cited you by name,
on their article on this:
http://rawstory.com/08/news/2009/08/28/rep-frank-house-will-...
DP'ers, the MOST active and effective, on and off the net. Bravo, brother, or sister, VegasBD!
WOW~!
thanx for that great find. thats pretty cool!
the washington times also contacted me about this video via youtuvbe, might end up in there too!!! kinda funny. shows ya how influential DP and its members are!
Misinformation Alert: Barney
Misinformation Alert: Barney Frank Never Said That HR 1207 Will Pass In October
http://www.dailypaul.com/node/104933
____________________________________________
The Federal Reserve, Stealing the American Dream since 1913
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This is huge!!! Great news
that people are asking about it at townhalls and that he is forced to respond. I had to rewind, because at first I thought he meant HR1207. After all this time, FINALLY some encouraging words of support for the bill from Barney Frank on the points that he and Ron agree upon.
No one is saying Barney
No one is saying Barney Frank is a friend to liberty. No one is saying he is a friend to Ron Paul. But there is now a reasonable chance that some audit of the Fed that Ron Paul agrees with will be passed by the House. That is terrific progress, illustrating the power of Dr. Paul, his supporters, and the power of the message itself. If Ron is happy with this development, I will be too.
"It’s been one of my goals, as long as I’ve been in politics, to work with coalitions because I think ultimately it’s the only way you’ll ever get anything done." Ron Paul, May 2010
I'M SORRY BUT IF BARNEY SAID THAT, I SMELL A RAT
There is no way this information hasn't been manipulated somehow for him to "come out" and say such a thing.
I do not believe he is objective. I do believe he is bought and paid for by the elites.
Listen Carefully
He does not say they will pass HR 1207. He only says: "that will be part of the overall federal regulation that we are adopting."
Obama and Frank are coopting the bill
The administration couldn't stop the hundreds of congressmen from cosponsoring a bill that demanded to know where trillions of our tax dollars have been spent, so now they are co-opting the massively popular movement in an attempt to pass even more draconian and prosperity crushing measures over our money supply. Early yesterday Freshmen Democratic Congressman Alan Grayson reported on the radio they expect to pass HR1207 in September. Today a viral youtube video seems to confirm this message from the Chairman of the Financial Services Committee, Barney Frank. The Washington times reported on this message here: http://www.washtimes.com/weblogs/back-story/2009/aug/28/barn...
The chilling quote everyone should focus on is this found in the article: "Rep. Paul's, Texas Republican, bill if added to Mr. Frank's other proposed reforms could give a boost to a financial regulation package the Obama Administration wanted to pass last spring."
The Obama Administration is diametrically opposed to offering any information about the Federal Reserve. They have fought in court to keep this information from the public: http://www.reuters.com/article/ousiv/idUSTRE57O03P20090825 and have since appealed the case.
Obama wants sweeping new powers for the Federal Reserve and its unelected officials: http://uk.reuters.com/article/idUKTRE5476T220090508
Barney Frank only wants more bureaucracy and less accountability, is what his speeches (if you can stand their meandering nonsense for more then five seconds) have all proposed.
Ron Paul has slammed Obama and Frank for giving less oversight and more power to the Federal Reserve: http://www.infowars.com/ron-paul-slams-federal-reserves-new-...
Timothy Geithner, Treasury Secretary has said on numerous occasions any audit of the Fed will be disastrous for our economy. Not exactly a subtle hint the Obama Administration has no interest in sponsoring any bill that Ron Paul created.
Obama's administration is trying to do exactly what they did during the Presidential run. They saw the online momentum and social networking sites making Ron Paul famous and then poured their billions of foundation money into mimicking Ron Paul's success. Now they're just doing the same thing with any successful bill against their will. This must be fought harder then ever because if a bill passes that increases the Federal Reserve's power then all the grassroots hard work will be for nothing.
_ _ _ _ _ _ _ _ _ _
Start getting freedom today by dumping Federal Reserve Notes, Stocks, Banks and anything made outside the USA. Buy precious metals, real estate, businesses, food and guns and get your business community to use local or sound currenc
I'm going to try my best to allow myself to believe that the
personages of Barney Frank and the Dalai Obama are actually going to co-opt HR-1207 and try to, in effect, make it their "cause" in order to allow them to politically align themselves with a popular national movement. I will try. In the meantime however, and in order to hedge my bets somewhat, I think that I'll also be inclined to join, as much as possible, the efforts around the state which seek to put the maximum amount of pressure on elected representatives to at least support the bill and, hopefully, actually be willing to do battle on behalf of the bill. Barney Frank has previously stated his opposition to the bill and Obama has renominated Helicopter Benochio Bernanke, which I cannot read as a positive endorsement of HR-1207. However, we'll see how it turns out. Good luck to us and to uncovering and making public the truth. If that happens, then I will take whatever consequences flow from uncovering the truth.
I do not underestimate the various procedural and legislative devices available to these men that can be used in order to kill HR-1207 or to castrate any good that it may seek to bring about. The bill is only about 3 pages.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
Bullshit!
From his comments, it seems like they will move to pass a watered down version of the audit. I personally urge everybody to keep up the pressure on our representatives, telling them not to vote for an amended version of the bill.
For the life of me, I cannot understand how this audit would affect the independence of the Fed in monetary policy. All it would do is to make it clear what actions they are taking with their independence. The powers that be seem to be very afraid of these actions coming to light. The only way the audit could potentially affect monetary policy would be in the revelations of the people to the Fed's insidious actions.
Tu ne cede malis, sed contra audentior ito.
It's Only a Matter of Fairness
Let's have the Fed and the Treasury deposit One Million Dollars into every American Citizens bank account that they can't touch, but they can skim off the interest and profits from those accounts over time.
The Fed and the Treasury deposited billions and trillions into the accounts of Wall Street and the banksters so they can skim off the systemically looted computer programmed profits, and make billions of dollars and pay themselves multi million dollar bonuses. It's only a matter of fairness to do the same for every citizen.
Change The Title. Frank says no such thing.
He talks about his committee passing a broad "reform package" in October, but he does not specifically address H.R. 1207 or its content.
After all this time, Frank is still dancing around the subject of H.R. 1207. Now he may well incorporate apsects or have a hearing on some aspects of H.R. 1207 as part of his committees so-called overall "reform package", but there is no indication that the very precise audit criterea and audit scope defined in H.R. 1207 will ever be what Frank intends to pass.
The Title needs to be changed. It is way prematuer to declare any victory at this time.
yes he does
the guy asks specifically about RPs 1207 bill and that was his response. but we also know frank has no problems flat out lying either
I'll believe it when it
I'll believe it when it happens. Plus putting words into Dr. Pauls mouth is another gripe I have.
I don't know what the wait is all about?
What are they waiting for?
Why October?
Doesn't make any sense. It's like. We need milk and eggs. I'll do it in October. What does October offer that September doesn't?
This is worrisome ...
They are probably planning a financial debacle that will take down the dollar before we see October 1. "Audit the Fed" could be rendered moot by that time. I've heard rumors of bank holidays and instructions to US embassies to buy up enough local currency to last them a year. Anyone have info or hard evidence in this regard?
Barney Frank is scripted by bankers. They're up to something nasty, as usual.