Yahoo Finance frontpage - Why Ron Paul is right
Posted July 8th, 2009 by eagles1028
Why Ron Paul is right to audit the Federal Reserve
An amendment based on Congressman Ron Paul’s House bill to audit the Federal Reserves was blocked by the Senate this week on procedural grounds.
Speaking on the Senate floor, Republican Senator Jim DeMint and supporter of an audit said, "allowing the Fed to operate our nation's monetary system in almost complete secrecy leads to abuse, inflation and a lower quality of life."
Charles Ortel, managing director with Newport Value Partners, an independent research firm, agrees. "Transparency is the key to any market," he says, noting the Fed doesn't mark-to-market its assets, much of it now consisting of the worst toxic debt Wall Street had to offer.
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BUMP & thanks for the link.
Now if only the Senate would do the right thing...
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Libera me, let the truth break, what my fears make..
Libera me......from this dark dream, to the life-stream! --Leslie Phillips
What's next after End the Fed? Repeal the XVI and XVII Amendments!
"Obama is a conscious Nazi"
Said with eloquence, force and a few words I agree with ...
http://www.youtube.com/wa...
I agree with LaRouche and his assistant that he knows the crux of what he is doing.
Obama may not be a bad man, but he's a puppet of Global bankers. And when he got up right next to them, he didn't have the courage to destroy the "One Ring" which enslaves us all...
Ron Paul has the courage to destroy that ring, and that ring is the Fed. And that's why he has mustered the major support of Congress & the country.
That ring is the Fed and Obama by selling out, and giving MORE power to the Fed and enlarging it by over four times....sealed the fates of his own, even his family, to a criminal and vile syndicate.
Carter didn't start it, because David Rockefeller came in to get this whole thing going full steam. Carter then obeyed the Bankers but he stuck to his guns to limit their powers.
Obama he did the opposite, he gave the Creature from Jeykyll Island more power than it has ever had and nationalization won't really rescind its powers. Getting it under control in an Audit...that will kick the gears in....Something tells me everyone knew to begin with...
The beast has done enough damage and needs to be slain, the Federal Reserve appears to be so violent and vile, Thomas Jefferson was being a hero when he said it was more dangerous than standing armies. It should have been rooted out, and by god, it will be.
Common sense
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My liberty-minded home base of thought:
www.ponderthis.net
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Any mention of Ron Paul should always be rewarded with traffic! (with comments, as necessary)
Warning, video launches automatically (in case you're under orders to lay off the Fed at work).
IMissLiberty
Must watch this clip!
Did he really say that with almost 2 Trillion dollars of assets, the FED would have only $48 billion if mark to market were used?
Very good interview with this guy.