Ron Paul Questions Fed Vice Chair Kohn on Transparency 07/9/09

"There was the smell of blood,
broken hearts and dying dreams
in the air when Americans
began to lose their jobs
and were foreclosed on.

The money, they said, had vanished
into the maw of the financial “crisis”
created so banks could suck up billions
in 401Ks, mutual and pension funds

in addition to the taxpayer bailout
and regurgitate it into the mint julep glasses
of CEOs and shareholders fanning themselves
while sitting on the financial plantation’s veranda,
living off the retirement
of the Middle and Working Classes,

and in the deep, dead of financial winter
will drink hot toddies and imported brandy
while wrapped in cashmere sweaters
by the comforting fire
of their remote and casual brutality."

Walter Burien has audited the fed and the states and local governments.
cafr1.com.Now the US government can read his report.

Once again, they explain themselves away. They keep saying they are for "transparency" and "we agree with you". They are obviously pandering and patronizing as usual. If that is what "transparancy" is...then we see right through their game. They are stalling, but it's not working anymore.

If they have nothing to hide, than they need to accept an audit by the GAO.

These Federal Reserve technicians are equivalent to the business managers that the Mafia employees. They keep good books and pay attention to details, but that doesn't make their actions legitimate.

Like the Mafia, you can bet that they have failed to pay income taxes, as a private bank, since their inception. I say, go after them like Al Capone, and shut down the FEDERAL RESERVE for INCOME TAX EVASION and use the Treasury Agents to do it. They used Treasury Agents on the American Citzenry for years...now let's see how these crooks like it.

The Justice System "railroaded" Irwin Schiff and deprived him of the right to a fair trial when he challenged the IRS. Well, these Federal Reserve Bank officers all need to be put on trial and we need to go back and investigate all their books, coorespondence, records and minutes since the beginning. We demand a full investigation into their criminal acts. The culprits need to be tried, including tried for Treason if need be, with the full penalty of life in prison and possibly including death. Make an example out of them.

Then we take over the Federal Reserve, like we took over AIG, Freddie Mac, Fannie Mae, Chrysler, GM, etc. Sell off the assets of the Federal Reserve like junk cars at a Federal Auction with the repeal of the Federal Reserve Act and then get the US back on the Gold/Silver standard and/or any other type of commodity backed Treasury monies/notes. Anything but these fraudulent Federal Reserve Notes(FRAUDS) and confiscatory loans they have used to enslave our nation and our people.

END THE FED!

I think it's time for people to start looking at the state and local government's CAFR reports to find out how many assets the states/local governments really own while they are crying poor.One man has done this for years and has also audited the fed.cafr1.com.

Stole my thunder : )

They have proven their closed meetings and audit exemptions are a failure. A bad system made worse by secrecy and no accountability. They keep delivering crash->bubble->inflation and massive deficits.

http://www.youtube.com/wa...

history repeats over and over again, gentiles vs moneychangers.

www.takeourworldback.com/

My karma ran over your dogma~

concerned about transcripts of their conversations at the Open Market Committee meetings being published, and that's ALL that Dr. Paul is asking for! Dr. Paul is not being "too nice" as some people say - he is polite, but is going straight for the jugular with his insistence on seeing actual conversations, not "explanations". His questions, "Are you protecting the banker's interests, are you protecting another government, another central bank?" are the most hard-hitting questions I've ever heard him ask. Now we are getting down to the nitty-gritty of what we will find out that is making them so nervous and scared.

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By its fruit you recognize the tree...FED bears nothing but rotten. white advertisement vs. black reality. Chop this tree down and root it out. RP should have slam this lying MOFO.

But the nice Dr. is just too nice.

A complete auditing of the Fed would yield a result that would show Madoff's activities to appear insignificant.

But here we are again, the Zionist vs. the German. It seems like history is repeating itself all over again.

http://en.wikipedia.org/w...

http://www.erichufschmid....

http://www.erichufschmid....

http://www.erichufschmid....

Folks, it's being played out all over again by the same two adversaries.

The Federal Reserve System is but one cog in a vast global machine engaged for nearly 400 years in ripping off the common man, stealing from him his wealth, his dignity and his life.

This machine consumes everyone and everything it requires to achieve it's selfish objectives, gathering up countless millions of lives and leaving the rest in poverty and ruin.

Hunker down my friends for the beginning has yet to come.

Let us hope and pray we will be victorious.

There will be an audit and that is the end of this...PERIOD!!
This bullshit makes me angry as an American and that's all there is to that!

how empty and evasive Mr. Kohn rhetoric is.He is not answering the questions just dancing skillfully around.The real issue starts with the inherent absurdity of the FED functions, who does it serve and goes on and on.The 3 basic premises upon which the fruits of the peoples labor is literally stolen are the fractional reserve fiat money system; the compound interest loan scam (usury), and the progressive direct income tax on labor.

or is there a standard playbook anyone from the FED uses, which is: Acknowledge and agree with what Ron Paul is saying to some degree or another, praise him for the sentiment, then explain how what they do is keeping in line with it while actually being the opposite. It sounds like a way to appease him, but obviously that hasn't. Thank goodness for that!

I got this constant buzzing as well when watching the proceedings at the government site. WTF! You'd think with all the money they garnish from us they'd have better quality streaming video. Is this what Internet 2.0 is going to be like?

Watch over 400 Activist-Issue Films Online, www.filmsforaction.org

is receiving information and nothing else matters.
WRONG ! First of all Congress shouldn't even be messing with the Federal Reserve. And the Fed should be worried. It's obvious that what the Fed has been doing for "many decades" is not and has not worked. Our country is in the largest financial crisis ever since the Federal Reserve has been established.
The people are demanding and congress should demand the "transcripts" and whatever information they want. This is the United State of America and Congress should be representing the people.
The Obama administration is spending us into oblivion besides creating more intervention in foreign affairs that we shouldn't be involved with. It appears that the President is abusing his powers and is taking over the entire country in every aspect of destroying freedom.
What happen in Honduras and the "President" who tried to give himself more power then what he had?
With government involved in all that we do how can we be truly free?
People need to act quickly because Obama is in turbo power and there is no stopping that train unless it is derailed.
The message of freedom needs to be louder and stronger. The balloon is about to burst.

Priceless is that snob who announces "the congressman from Texas"
Smirk. Put his finger to his nose in disgust. annoyed.
WTF?
Get the pitchforks out!
Who are those jerks?
They certainly feel they are some form of royalty.
Only that real noble people are not like that.
This is pure arrogance.

-------------------------------------------------------
"I think it would be a good idea"

Mahatma Gandhi,
when asked what he thought of Western civilization

one has to wonder how many are playing politics. With the Cap&Tax
vote, Dr. Paul even said that many Dems could have voted the other
way if votes were needed. These politicians are well aware of the
support Ron Paul has in the grassroots and may take this opportunity to look proactive. Many are sincere I am sure, no doubt. But this empty commitee meeting causes concern for me as to their resolve. Now this may have been an off day. I have seen alot of empty seats in other commitee meetings I have watched on c-span, etc.. Just have to stay on them to represent the people.

This begs the question I thought Paul would ask... what is there to hide about deliberations? Except perfidious acts calculated to pilfer more wealth from a free people's money of account... all the more reason to go back to godl and silver!

The thought that the FED cannot devalue your coin when made of such metals, is priceless, precious, and needs implementing yesterday. Encourage people to buy junk silver... that can bring down the FED! Dump their paper!

"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

More obfuscation... and More obfuscation... and More obfuscation... and More obfuscation... and More obfuscation... and More obfuscation... and More obfuscation... and More obfuscation...and More obfuscation... and More obfuscation... and More obfuscation...and More obfuscation... and More obfuscation...and More obfuscation...and More obfuscation... !!

They most definitely have a clue... that is why, being enemies and thieves of the people's wealth they need to obfuscate, and more obfuscation... but I am repeating!

"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

Thats the first thing I noticed when the video started playing...was how empty the chamber was.

This is why I have qualms about 1207 being passed. I know we have a plethera of co-sponsors...but if these co-sponsors really cared they would be here...the ones on the committee that is

The problem with the audio is that it was recorded out of phase during the hearing.It was recorded in stereo and someone reversed the phase.Very odd.

… is speaking on such important issues that the House Chamber is nearly empty. He might as well talk to himself in a mirror. 98% of those in the District of Criminals could care a "flying fart" about America. That fact is so very obvious. They should all be given a very fast kangaroo trial, water-boarded and then have a televised public execution (being slowly skinned alive would not be too cruel or unusual for these snakes). Sorry, just a simple observation.

Ron Paul is my hero.

Solution to tyranny: “Be the change you want to see in the world.” Mahatma Gandhi

I can't believe he had the nerve to threaten Congress. These are his exact words to this committee, and as far as I am concerned the American people:

"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 said.

That sounds like a threat to me, this man needs to be tarred, feathered, and run out on a rail like the bankers, and theives were in the past. I would love to be able to have a (peaceful) protest in front of these theives homes, anyone know his address?

When their books are opened the entire world would dump the dollar. The amount of corrupt financial dealing and the VAST amount of dollars in the market being revealed would crush the dollar and US in the process. That would make people much more accepting of a new reserve currency. They will be told the new paper is better than the old paper. They would believe it too.

That's just a guess. I have been known to be quite wrong at times.

PEace

Does my burka make my butt look fatwa?