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WASHINGTON, June 25 – Congressman Ron Paul, Chairman of the Domestic Monetary Policy and Technology Subcommittee, announced today that the subcommittee will hold a hearing this week to examine fractional reserve banking.
“Fractional reserve banking underpins the entire banking system, yet its effects on society are completely ignored,” Paul stated. “Our financial system consists of vast amounts of credit pyramided on top of very small amounts of real savings—all backstopped by explicit and implicit government guarantees. This poses significant risks to the stability of the economy and monetary system, which ought to give pause to any serious observer of financial markets. Hopefully this hearing will create a greater understanding among the American people about the nature of the banking system, and begin the movement towards serious systematic reform,” Paul continued. “The American people deserve a financial system that is stable and efficient; one that operates without taxpayer subsidies and bailouts.”
Last week, I decided to support and volunteer as a process server for LFRP because I felt that their efforts were worthwhile in the pursuit of the cause of liberty and for the possibility of Dr. Paul still becoming the next president of our withering country.
This was a purely personal decision, based on the same logic that I used to determine who I would support for president in 2012; at this moment, I feel this is the best course of action.
The House Committee on Oversight and Government Reform has scheduled a markup on Ron Paul's HR 459 for Wednesday, June 27 at 10am ET.
The bill passed the committee and is headed to the full House for a vote, possibly in July.
Video of today's Committee markup:
Bankruptcy could be filed as soon as Wednesday
* Stockton has $700 mln outstanding debt
* Talks with 18 creditors ended Monday without concessions
By Jim Christie
STOCKTON, Calif., June 27 (Reuters) - Stockton, California will become the largest U.S. city to seek protection from its creditors after its leaders approved a budget on Tuesday night based on the city filing for bankruptcy.
A Chapter 9 bankruptcy by the city of nearly 300,000 in California's Central Valley, about 85 miles (135 km) east of San Francisco, could come as early as Wednesday.
UTAH Semi-Closed Primary, Tuesday June 26 2012
Polling hours 7:00a MST (1400 UTC) to 8:00p MST (0300 UTC)
Find your nearest voting location: www.evoter.com
Ron Paul - Improved from '08
Casey Anderson - Lost
Dan Lilljenquist U.S. Senate - Lost
Sean Reyes for Utah's Next Attorney General - Lost
John Dougall for state auditor (some debate over this) - Won
Brad Galvez House Rep Dist. 29 - Lost
Kay Christofferson House Rep Dist. 56 - Won
Brian Greene House Rep Dist. 57 - Won
Matthew Carling House Rep Dist 72- Lost
The Republican Presidential Primary shall be open to registered Republicans, and unaffiliated voters requesting a Republican ballot who affiliate at the polls as a Republican. [Utah Republican Party Bylaws 7.0.C]
(Just stating what the bylaws say, I'm not debating on the legality of the binding of delegates):
Voters in Colorado, New York, Oklahoma, South Carolina and Utah head to the polls for primaries and runoffs.Submitted by Key Largo 1948 on Tue, 06/26/2012 - 19:36
Major thread on UTAH primaries below. Post comments there to keep it tight on DP. But please bump and twit my post. TY
There are reports that Cheating Charley, aka "Charley Najedly," has been spotted at two conventions. This post will help you decide for yourself.
Charley Najedly was caught by Paul supporters handing out fake ballots at the Maine convention favoring Mitt Romney under Ron Paul's name.
A new video, surfacing from Massachusetts, regarding provisional voting ballots not being counted... seems to have a familiar face looming in the background. But is it Cheating Charley? You decide.
10 Things That Every American Should Know About The Federal Reserve
#1 The Federal Reserve System Is A Privately Owned Banking Cartel
#2 The Federal Reserve System Is A Perpetual Debt Machine
#3 The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar
#4 The Federal Reserve Can Bail Out Whoever It Wants To With No Accountability
#5 The Federal Reserve Is Paying Banks Not To Lend Money
#6 The Federal Reserve Creates Artificial Economic Bubbles That Are Extremely Damaging
#7 The Federal Reserve System Is Dominated By The Big Wall Street Banks
#8 It Is Not An Accident That We Saw The Personal Income Tax And The Federal Reserve System Both Come Into Existence In 1913
#9 The Current Federal Reserve Chairman, Ben Bernanke, Has A Nightmarish Track Record Of Incompetence
#10 The Federal Reserve Has Become Way Too Powerful
Read The Full Article At:
Now I know this video has nothing to do with Ron Paul, I still think it is important people see this and I know the people here at the Daily Paul will understand the underlying message of this video. This took me a very long time to put together. I really hope you enjoy.
(NaturalNews) The United States government has just crossed the threshold of nutritional insanity with an announcement that postmenopausal women should avoid taking vitamin D. This announcement, made by the U.S. Preventive Services Task Force, is tantamount to declaring war on nutrition. In a nation where 90+ percent of the population is chronically deficient in vitamin D, any government edict that encourages people to avoid this lifesaving vitamin will only result in more cancer, more Alzheimer's disease, more bone fractures, more diabetes and more kidney disease.
... which is, of course, exactly what the medical establishment wants. After all, how are the drug companies supposed to make money treating patients with cancer if they prevent cancer themselves by using dirt-cheap vitamin D?
The mainstream media, predictably, has dutifully followed the government's anti-nutrition advice by distorting the conclusions of the study and running headlines like this one in USA Today, the corporate-run disinfo outlet:
On Thursday, Paul will be inducted into the CQ Roll Call Congressional Baseball Hall of Fame.
Paul was a solid performer for seven years on the Republican team, but he is being honored largely for a single moment — the night in 1979 when he smacked a pitch from former Ohio Democratic Rep. Ron Mottl over the left-field wall at Four Mile Run Park in Alexandria, Va., a Fenwayesque shot of about 310 feet.
It is believed to be the first out-of-the-park homer in the history of the Congressional game. (The only other, by Illinois GOP Rep. John Shimkus, hit the foul pole in 1997 at Prince George’s Stadium in Bowie, Md. Others have hit inside-the-park homers.)
Paul will become the 22nd member of the Hall of Fame in a ceremony before the start of the 51st Annual CQ Roll Call Congressional Baseball Game on Thursday night at Nationals Park.
At the National Association of Latino Elected and Appointed Officials or NALEO in Lake Buena Vista, Fla., Bush began by giving Romney a nod.
“We heard an excellent speech, I thought, from Mitt Romney, who is a supporter of education reform and of school choice,” Bush said.
However, in his next breath he aligned himself with Romney’s rival and repeated what has gained him headlines over the last few weeks, but he deeply believes in: Working across party lines works as well as having a more open debate.
(NaturalNews) Different local authorities throughout the USA have been harassing homeowners for growing veggies or herbs in their front lawns. But in the small town of Todmorden, England, a grass-roots food movement has been started by one woman who grew veggies in her front yard and let neighbors pick them free.
It took six months before neighbors and passers-by got the notion that Mary Clear's lowered fence and signs encouraging people to pick veggies from her lawn was for real. Mary, a 56 year old grandmother, kicked off a scheme thought up with local Bear Cafe owner Pam Warhurst and others to engage in local guerrilla agriculture.