As recently as two years ago, Congressman Ron Paul introduced a bill to audit the Federal Reserve Bank that headed to oblivion. Year after year — beginning in 1983 — the bill never even won a committee hearing. Dr. Paul was ignored in Washington, and was a lonely voice for freedom back in his Texas congressional district.
Times have changed. Ron Paul is on a political roll. The bill Dr. Paul introduced in the current Congress to audit the Federal Reserve Bank (H.R. 1207) has more than 300 cosponsors — including every House Republican and more than 100 Democrats — and the backing of House Financial Services Committee Chairman Barney Frank. Frank has promised a committee vote, and it has a better-than-average chance of House passage this year. Dr. Paul’s new book End the Fed sailed into the top twenty of Amazon.com’s sales figures more than a month before it was available. It debuted on both Amazon.com and New York Times bestseller lists, and sales remain strong even today. His old presidential campaign has rolled over into a “Campaign for Liberty” that has raised more than $4 million since its founding in February of this year.
More importantly, his presidential campaign evidently inspired dozens of candidates for congressional office across the nation who seek to reform Congress from a constitutionalist perspective. And several of them are both well funded and being taken seriously by the political establishment.
There's something happening here
What it is ain't exactly clear
There's a man with a gun over there
Telling me I got to beware
I think it's time we stop, children, what's that sound
Everybody look what's going down
Buffalo Springfield – For What It’s Worth
by Jim Quinn | The Burning Platform
Stephen Stills wrote the song For What It’s Worth in 1967. It was composed three years into the Second Turning, the Consciousness Revolution. The song has come to symbolize the turbulence, mistrust, rage, paranoia, anti-war spirit, and the anti-establishment mood of the 1960’s. An Awakening era has many parallels to a Crisis era at the outset. A traumatic event or events triggers the mood alteration in the country which sets the next twenty years in motion. In 1929 the stock market crash triggered a 17 year Crisis. In 1963, the assassination of John F. Kennedy triggered a 20 year Awakening. In 2005, the housing collapse has triggered the next American Crisis which we are living through today.
“All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome.”
We are currently at the same stage of this Crisis as we were in the Awakening when Stephen Stills wrote this deeply poignant song. An Awakening begins in an uproar of fury, passion, anger, and civil disobedience. The fury subsides during an Awakening as the passion flames out. The last Awakening period reached a crescendo in 1974 with the resignation of Richard Nixon and the country lapsed into disillusionment and lethargy as the 1970’s petered out. A Crisis begins similarly with a trigger that causes pain and suffering, but instead of fury subsiding, the Crisis intensifies, violence erupts, war breaks out and danger becomes extreme. The current Crisis is about to detonate upon the unwary twittering Americans while they are mesmerized watching Dancing with the Stars and Housewives of New Jersey on their 52 inch HDTVs in surround sound.
The Great Depression was a dreadful time for America, with unemployment reaching 25%. But, that was just a prelude to the horrific World War that killed 76 million people or 3.5% of the world’s population. America lost 400,000 brave young men, with another 600,000 wounded. As the carriages with aristocrats from Washington DC descended upon Bull Run Creek to watch the Union Army end the insurrection by some Southern State rebels, all expected a short painless militia skirmish. But, three years later 620,000 men had been killed with another 400,000 wounded. An entire generation was wiped out. Those killed constituted 2.3% of the entire U.S. population. If 2.3% of the American population was killed today, it would amount to 7.1 million people. Is the American public prepared to sacrifice 7.1 million young men for any cause? This magnitude of Crisis seems incomprehensible today, but a trial on this scale will face Americans in the next ten to fifteen years.
Continue reading at The Burning Platform
Just watched this over the weekend. It is a frightening look into our food industry with the powers and monopolies behind it. These huge companies are wiping out everyday farmers....
Worth it to rent on Netflix
O'Reilly gave Ralph Nader 20 seconds at the end of the segment to plug his new book. Nader goes on to say how if we want to restore the country back to we the people like how Ron Paul is doing we should buy the book. Or something like that. Another 3.5 million people learning that Dr. Paul is the true shining beacon in America!
Full story at WHAS11
Under Attack, Fed Chief Studies Politics
By Edmund Andrews | New York Times | November 10, 2009
WASHINGTON — With the Federal Reserve under more intense attack than at any time in decades, Ben S. Bernanke, the professorial chairman of the central bank, was schooled last month in how to handle the increased political demands of his job.
For months, he had warned — without anyone on Capitol Hill appearing to listen — that a seemingly innocuous bill to let Congress “audit” the Fed would gravely threaten the central bank’s independence.
It was alarming enough that the bill’s author was Representative Ron Paul, the quixotic Texas Republican whose new book, “End the Fed,” had just landed on the best-seller lists. Despite vigorous protests by Mr. Bernanke, nearly 300 House lawmakers and 30 senators had endorsed Mr. Paul’s bill.
But when he sat down shortly after 8 a.m. on Oct. 1 at the Rayburn House Office Building for coffee and muffins with Representative Barney Frank, the rumpled and wisecracking chairman of the House Financial Services Committee, he took in some blunt advice.
Voters had become suspicious and unnerved by the Fed because of its trillion-dollar efforts to bail out the financial system, Mr. Frank warned. If the Fed really wanted to survive the disgruntlement in both parties, he continued, Mr. Bernanke would have to step back and let him devise a compromise.
Reluctantly, the Fed chairman agreed to reduce his own visibility on the issue and let Mr. Frank take the lead.
And they say the Fed is not a political institution
The tea party protests continued last week, as Congresswoman Michele Bachmann held an anti-health-care-reform rally on the steps of the Capitol. While she estimated that 20,000-45,000 people attended the event, the Washington Post reported it was actually more like 10,000.
Still, that is a sizable number of Americans exercising their right to free speech and assembly, and that warrants news coverage. But Sean Hannity and his team did more than cover the event. They not only inflated the number in attendance with their words, but actually used footage from a heavily-attended protest this summer to make this health care rally appear more popular. Hannity even pointed out that this was a huge crowd for a Thursday, when the protest footage they used was from a Saturday.
Jon Stewart and his team caught this discrepancy and ran with it, pointing out neither the color of the leaves nor sky in the tacked-on video matched that of the actual footage. They went on to mock Fox by adding more video to the interview, this time from Woodstock and the movie "300."
|The Daily Show With Jon Stewart||Mon - Thurs 11p / 10c|
|Sean Hannity Uses Glenn Beck's Protest Footage|
I honor what is good in their heart, but they must remove the veils from their own eyes. I cannot do that for them.
Now, if we add a verse, THEN I am where I belong: Personally responsible for these wars for oil.
Now the Universal Taxpayer must also bear the blame,
Our money is what buys their endless war
They make soldiers of our sons,
And we supply the funds
Will the people ever stand and say "NO MORE?"
Washington (CNN) - A handful of Republican senators have proposed a Constitutional amendment to limit the amount of time a person may serve in Congress.
Currently, there are no term limits for federal lawmakers, but Sen. Jim DeMint, R-South Carolina, and several of his colleagues are advocating that service in the Senate be limited to 12 years, while lawmakers would only be allowed to serve 6 years in the House.
An angry aide to Rep. Ron Paul, an iPhone and $4,700 in cash have forced the Transportation Security Administration to quietly issue two new rules telling its airport screeners they can only conduct searches related to airplane safety.
In response, the American Civil Liberties Union is dropping its lawsuit on behalf of Steve Bierfeldt, the man who was detained in March and who recorded the confrontation on his iPhone as TSA and local police officers spent half an hour demanding answers as to why he was carrying the money through Lambert-St. Louis International Airport.
George W. Bush redistributed more wealth during his presidency than any president had since Lyndon Johnson. Republicans really have never had any problem with redistributing wealth as long as the proceeds go to the right people. Since Medicare benefits senior citizens, a constituency that no election can be won without in the baby boomer retirement era, Republicans had no problem using the force of government to take money from one individual and use it to buy “healthcare” for another – as they did with their Medicare prescription drug benefit. Neither do they hesitate to redistribute to bankers, under the cover of “saving the financial system.” God help us if there is ever a constituency of senior citizen bankers.
In fact, if one looks at the federal budget as it existed before the massive bailouts started – pre-TARP – at least 80% of the almost $3 trillion budget amounted to wealth redistribution. Always there was some rationalization for why this or that group must receive federal funds “for the good of all.” The farmers must be subsidized because there is absolutely no way to sustain farming in a market economy. If large farming corporations weren’t subsidized, we would all starve. Medical research must be subsidized because we will eventually all die of cancer, AIDS, and other horrific diseases if the government doesn’t subsidize medical research. Corporations in general must be subsidized because if one were to go out of business, everyone would be unemployed.
The Democrats typically attempt to characterize the Republicans as racist or elitist because the Republicans have traditionally resisted wealth redistribution for the poor or minorities. However, the reality is that Republicans do this for the same reasons that Democrats resist redistribution to bankers and corporations (or at least they used to). The poor and minorities don’t vote Republican. That is the only reason that Republicans attempt to leave them out.
Under the banner of increasing Federal Reserve transparency, Congressman Ron Paul has sponsored a bill that would subject the Fed's monetary policies to an audit by the Government Accountability Office (GAO). The bill is a veiled attempt to undermine the Fed's independence. If it passes, it will cripple policy making—particularly when it comes to inflation.
It is completely appropriate to hold the Fed accountable for its decisions. But the Paul bill, H.R. 1207, will only produce redundancies: Congress already has multiple ways of finding out what the Fed is doing and why.