May 30th, 2012

House To Vote On Ron Paul Bill To Audit The Federal Reserve

Ron_Paul_1

Read article at The New American:

http://www.thenewamerican.com/usnews/congress/item/11527-house-to-vote-on-ron-paul-bill-to-audit-the-federal-reserve

GOP leadership in the House of Representatives announced that legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come up for a floor vote in July. Honest-money advocates and pro-transparency activists celebrated the news as a historic opportunity to rein in the central bank, which has come under heavy fire — especially in recent years — for debasing the U.S. dollar, manipulating markets, and showering big banks with trillions in bailouts.

The legislation, H.R. 459, already has over 225 co-sponsors in the House including an impressive roster of senior Democrats and Republicans, some of whom chair important committees. In the Senate, however, a similar bill has only about 20 co-sponsors so far, forcing Audit-the-Fed activists to wage a massive campaign aimed at exposing Senators who refuse to support transparency at the shadowy central bank. Polls in recent years revealed that four out of five Americans support auditing the Fed.

“The Fed has proven it cannot be trusted and must be audited. While the banksters’ dangerous schemes have been going on for years, the bailouts exposed the trillions being stolen from the American people,” noted Sen. Rand Paul (R-Ky.), a sponsor of the Senate legislation and the son of Congressman Ron Paul. “It is time to Audit the Fed. Time to shine a bright spotlight on the largest theft in American history.”

But victory in what Sen. Paul called this “vital effort to rein in the Federal Reserve” will not be easy, he noted. The establishment is already fighting back hard against the plan in an effort to shield the controversial institution from public scrutiny. And as the battle heats up, the Fed and its supporters will not give up easily.

“As we enter this critical time, we have an unprecedented chance to finish this fight and finally hold the Fed accountable for all it has done to wreck our economy and endanger our nation,” Sen. Paul concluded. “Don’t let this opportunity slip away.”

Experts and economic analysts have long said that if citizens understood what was really going on behind closed doors at the privately owned central bank, a tsunami of outrage would almost certainly force politicians to shut down the Fed and restore honest money once and for all. Even a watered-down audit, passed as part of the broader Dodd-Frank financial-reform bill, exposed blatant conflicts of interest among top Fed officials as well as some $16 trillion in Fed bailouts to big banks around the world.

Public outrage was unprecedented. Millions of Americans who had never even seriously contemplated the institution or its functions demanded reform. And lawmakers, political candidates, and grassroots organizations — realizing that there was no way the cat was going back in the bag — eventually jumped on the bandwagon, too.

“This historic moment is only possible thanks to your relentless pressure. Now we must turn up the heat to secure victory — first in the House and then in Harry Reid’s U.S. Senate,” wrote Vice-President Matt Hawes of the freedom-promoting Campaign for Liberty, one of the organizations leading the public battle for an audit that is planning a huge operation to make sure the legislation becomes law. “Now, we just need to show Congress the American people demand action on the Audit the Fed bill.”

Continue reading at source article:

http://www.thenewamerican.com/usnews/congress/item/11527-house-to-vote-on-ron-paul-bill-to-audit-the-federal-reserve

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7 Responses to “House To Vote On Ron Paul Bill To Audit The Federal Reserve”

1
Milt S. Chandler Says:
May 30th, 2012 at 5:33 am
“Audit the Fed Bill” is long overdue. The largest theft in American history is almost an understatement. Politically we can not let this go. Keep pressure on your representatives. This is the first, in a series of events, that must take place to open up and expose to the People, who is pulling the strings on our Nation. Do not let up. Let’s get’em boys. milt
Wauconda, Illinois
2
edward h. edgar Says:
June 2nd, 2012 at 7:56 pm
It’s about time!!!!
3
Julie Says:
June 7th, 2012 at 12:12 am
Federal Reserve audit PDF from July 2011 http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf

Article about the audit http://www.sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

“The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression.”
4
Julie Says:
June 7th, 2012 at 12:13 am
The 99% will no longer pay our loans & credit card bills. Let’s show the 1% that the 99% are far more powerful than they are.

We can join together to change things without force or violence. If the people want a financial system based on equity instead of debt, then we have to make it happen.

While the nation suffers, people lose their home and citizens struggle trying to support their families, the big banks are giving themselves bonuses and having lavish parties. What ways have the bailouts improved your life?

They haven’t.

We will no longer allow the people to suffer. We will not pay the bank’s bills.

The financial system cannot survive without us.

We are the 99%.

((No one is asking, so please do not send your money anywhere, there is no organization affiliated with this protest.))
5
Julie Says:
June 7th, 2012 at 12:14 am
We will make this happen. Inform yourself and spread the world!

Anonymous message

9/11 (0:31), fluoride (0:34), chemtrails (0:37), codex alimentarius (0:40), vaccines (0:46), the US patent for the AIDS cure (0:47), Hitler/ MK-Ultra / operaton paperclip (0:55), Obama’s birth certificate (1:05), crop circles / binary codes, Illuminati (1:18), Bohemian Grove (1:26), numerology (1:36), Georgia guide-stones (1:45), federal reserve (1:52), reverse speech (2:08)

The New Economy Movement – The New Economy movement is a place for organizations, projects, activists, theorists and citizens who are working toward creating an economy based on abundance and equity in a peaceful and non-violent way.
http://www.facebook.com/groups/239980376117514/

Facebook event
http://www.facebook.com/events/417243574982403/

(The money that would normally go to the 1% could be used instead to help those who are unable to meet their own basic needs, like food. Like pay it forward, towards people in your local community, family, friends, etc. You can give some food to someone in need or who is unemployed and unable to support themselves.)

Additional steps that you can take:

Spread knowledge to others
Boycott credit cards
Boycott big banks
Open bank account at credit union/community bank
Support local business
Utilize free events in your area – movies, festivals, concerts, parks, free days, etc.
6
karen Says:
June 12th, 2012 at 1:41 pm
http://www.examiner.com/article/lawyers-for-ron-paul-files-civil-rights-lawsuit

RON PAUL HAS NOT QUIT
7
John Says:
June 28th, 2012 at 11:12 am
please see http://www.themoneymasters.com

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1. We will NOT obey orders to disarm the American people.

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Founder Stewart Rhodes

He is a former firearms instructor and former member of Rep. Ron Paul’s DC staff.

Stewart previously wrote the monthly Enemy at the Gates column for S.W.A.T. Magazine

Stewart graduated from Yale Law School in 2004, where his paper “Solving the Puzzle of Enemy Combatant Status” won Yale’s Miller prize for best paper on the Bill of Rights. He assisted teaching U.S. military history at Yale, was a Yale Research Scholar, and is writing a book on the dangers of applying the laws of war to the American people.