Visto: Ron Paul: Storming the Fed

Original: Storming The Federal Reserve

Ron Paul: Storming the Fed
by Matthew Collins

As far as finance and business goes, at least one rule generally holds true…

And this rule makes your job as an investor, entrepreneur or analyst ten times easier. The rule? If you can’t explain a particular investment or innovation to an eleven-year-old, then something shady is going on.

Credit Default Swaps, Securitization, GSEs, CDOs…all of these things were considered “financial wizardry” back in the bubble days. Now they’ve been exposed as little more than Wall Street’s version of three-card Monte.

But the card sharks behind these scams – not the individual investment banks on the frontline, but the huckster who put his seal of approval on these street-side swindlings…the guy whose rate-setting mandates created the environment for these bubble shenanigans…that yahoo is still at large, and no one in the government really seems to care.

No one; that is, except for a rogue Texan. A man who won’t settle for anything less than the America he was promised in the constitution…
The Doctor is In

Most of us grew familiar with Ron Paul in late 2007 and early ’08. He campaigned on a platform of smaller government; specifically by means of eradicating the Fed and the Internal Revenue Service…a platform that turned out to be just a few months early.

But our Resident Offshore Expert – Former Congressman Bob Bauman – knew Ron from their days together in the House. As you might expect, Bob says the soft-spoken doctor is a kind man…one who definitely “talks the talk” in addition to walking the walk.

And beyond that, Ron’s surely no average politician.

No, he actually serves a practical purpose within his community…imagine that. He’s a doctor. An obstetrician, which has proven to be a bit of a roadblock for his less useful competition…

“I had real difficulty down in Brazoria County, where he practiced, because he'd delivered half the babies in the county. There were only two obstetricians in the county, and the other one was his partner.”

That was a competitor – Gammage – talking about one of Paul’s first campaigns that came in the wake of the Watergate scandal. It should’ve been a pushover for the Democrats. In hindsight, Gammage realized that he underestimated the grass roots pull that Ron Paul had amongst his constituents.

Since then, Ron’s been an established fringe voice in Congress. His message, steeped in fiscal common sense and Austrian school economics, has grown more popular over the years, culminating in his run at the 2008 primaries.



But Ron was still too much of a dark horse.

And the Republican Party couldn’t decide whether they wanted the guy from New York that cheated on his wife…or the guy from Arizona that got engaged to his current wife while married to his previous wife. Decisions, decisions.

Either way, the mainstream just wasn’t intelligent enough to understand and appreciate Paul’s message. But as always, he stayed the course; picking his own personal war with the Federal Reserve while trillions in bailouts flowed forth.
Audit The Fed!

His bill started as something of a flash in the pan.

Building off the momentum of his national campaign, Ron introduced HR 1207, a bill to audit the Federal Reserve. (Check out the video to the right for details)

At first, most people took this as another PR stunt from the dark horse of the Republican party. After all, if Bloomberg was already being stonewalled on their suit to find out where those $2 trillion in mysterious loans went…how could someone like Ron Paul actually bring down the curtain of secrecy? Most blew it off as an impossible feat.

But – being the man he is – Ron didn’t give up…

He schlepped the bill around Capitol Hill…and as concern grew over the Fed’s wildly inflationary money-printing policies, he started finding more and more supporters.

After several months of campaigning, of viral videos and Internet blog posts, the once dismissed “cooky doc from Texas” has become a force to be reckoned with.

His “Audit the Fed” bill now has over 240 co-sponsors, or roughly 55% of the House of Representatives, and its steadily gathering positive momentum in the press.

Now granted, he needs a lot more votes to push the bill through with a filibuster-proof majority. And the senate is – quite literally – a whole different barrel of monkeys.

But CNBC’s pundits covered the subject yesterday, and the general consensus was that Bernanke would have to at least “make a deal” with Dr. Paul on oversight of the Fed. I smiled at hearing that; knowing that the doctor drives a hard bargain, and he won’t compromise his ideals for a few sessions of Bernanke-blathering.
Neither Federal Nor a Reserve

As for the Fed passing the special test above, their website claims that the Federal Reserve is an, “independent entity within the government, having both public purposes and private aspects.” Try explaining that to an eleven-year-old.

But you don’t even need that special test to know the Federal Reserve is a shady institution…

These guys have loaned out trillions of government (as in yours and my) money to a host of undisclosed recipients. They bullied Bank of America into buying up Merrill Lynch – with Treasury Secretary Hank Paulson using such colorful language as “the turd in the punchbowl,” to describe BofA’s hesitation on closing the deal.

And that’s just the start of it.

From an Inspector General that attests to knowing nothing about nothing to a host of special initiatives that propped up bubble-era compensation levels, it’s become abundantly clear that “gangster capitalism” rules the U.S. And the beating heart of the U.S.’s gangster capitalism is none other than the Federal Reserve.

But nobody cares. The herd is complacent. Why? Decades of fattening. A lifetime of bubbles and trillions in promises of future payouts have lead most right-minded Americans to count their eggs before they’re hatched. Which is a shame, because when the day of reckoning comes, complacence will be punished as guilt.

Good luck Ron.

Hit this website to get your representative’s contact information, and join the fight to restore the American government to its rightful size and power.

Yours in Personal Sovereignty,
Matthew Collins, A-Letter Editor

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Unete a la red libre guifi.net
Errores Puntuales - !Mamá, está vez es diferente!

Hay que recordar que los billetes emitidos por la FED (Fed Notes) circulan por el mundo como si fueran Treasury notes, y simplemente no lo son.

Los billetes de dollar, están emitidos por una entidad privada, que está en quiebra.

¿Cuanto valen?
¿quizás un 10%?
¿Quizás cero?

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http://www.syti.net/ES/Targets.html
http://www.syti.net/ES/Revolution.html

Se han reunido un grupo de fans de "helicopter ben" y le dedican unas lineas muy cariñosas

Rep. Ron Paul so far has won 245 co-sponsors to a bill that would require a full-fledged audit of the Federal Reserve by the end of 2010.

All of a sudden, Congress is paying close attention to Ron Paul.

The feisty congressman from Texas, whose insurgent "Ron Paul Revolution" presidential campaign rankled Republican leaders last year, now has the GOP House leadership on his side -- backing a measure that generated paltry support when he first introduced it 26 years ago.

Paul, as of Tuesday, has won 245 co-sponsors to a bill that would require a full-fledged audit of the Federal Reserve by the end of 2010.

Paul attracted just 18 co-sponsors when he authored a similar bill, which died, in 1983. While the impact Fed policies have on inflation is once again a concern, fears about loose monetary policy and excessive federal spending appear even more widespread in 2009.

"In the past, I never got much support, but I think it's the financial crisis obviously that's drawing so much attention to it, and people want to know more about the Federal Reserve," Paul told FOXNews.com.

With the Federal Reserve holding interest rates at rock-bottom levels, pumping trillions into the economy and now poised to have new powers to oversee the financial system under President Obama's proposed regulatory overhaul, Paul said lawmakers want transparency.

"If they give them a lot more power and there's no more transparency, that'll be a disaster," he said.

The bill would call for the comptroller general in the Government Accountability Office to audit the Fed and report those findings to Congress. The GAO's ability to conduct such audits now is severely restricted.

A slew of top Republicans are backing the bill, as are many Democrats.

"Ron Paul has the right idea on this," said Sen. Jim DeMint, R-S.C., who supports similar legislation in the Senate. "I'm just hoping we can get a clear audit. ... We need to know what they're up to."

House Republican Leader John Boehner, who signed on as a co-sponsor this month, wrote in a recent blog post that the "lack of transparency and accountability" regarding federal dollars committed by the Fed and Treasury Department raise "serious concerns" and make an audit critical.

"The Federal Reserve Transparency Act would remove all of these restrictions, and allow GAO to get real answers from the Federal Reserve to protect American taxpayers," Boehner wrote.

Unfortunately for Paul, the bill appears to be idling in the House Financial Services Committee, which is chaired by Barney Frank, D-Mass. The bill has been sitting there, gathering co-sponsors, since Paul introduced it in late February.

"You've kind of got to rely on the Democratic leadership (to move the bill along)," a Boehner aide said. "I haven't heard a lot of support from Chairman Frank."

Calls to Frank's office were not returned.

Paul acknowledged that his bill hasn't advanced but said Frank has "promised" him he will deal with his bill and is willing to give it a hearing. Paul said it's easily got the "momentum" to pass the full House.

A representative with the Federal Reserve could not be reached for comment.

Obama, though, voiced confidence in Fed Chairman Ben Bernanke last Tuesday and defended the Fed's overall ability to regulate effectively as well as his proposal to give the body more power.

"If you look at what we've proposed, we are not so much expanding the Fed's power as we are focusing what the Fed needs to do to prevent the kinds of crises that are happening again," Obama said. "We want that power to be available so that taxpayers aren't on the hook."

Sen. Bernie Sanders, I-Vt., introduced a bill similar to Paul's in the Senate in March, which so far has attracted just three co-sponsors -- DeMint and Republican Sens. David Vitter of Louisiana and Mike Crapo of Idaho.

But DeMint told FOX News last week that the measure would have a good chance of passing the Senate if supporters can push Paul's to a vote, which he said would be successful, in the House.

"I think if we can get that much attention on this bill, I don't believe senators could vote against it, if people knew what they were voting for because everyone is suspicious of the Federal Reserve," DeMint said.

Paul's underlying goal is to abolish the Federal Reserve, which he finds contemptible.

"I blame almost everything on the Fed because they create the bubbles, they create the credit," Paul said.

But the move to require an audit, which Paul described as "neutral," puts him a bit more in the congressional mainstream.

That's a change of pace. The long-time congressman's GOP primary bid was decidedly outside the mainstream. His campaign drew enthusiastic support last year, and though it wasn't enough to pose an electoral threat to the top candidates, he even staged his own September counter-convention in Minneapolis -- down the road from the official Republican National Convention in St. Paul. His "Rally for the Republic" drew more than 10,000 supporters and was complete with a rock band and a slew of faux-delegates wielding signs for their states.

Paul frequently plays the role of party and congressional outsider. Most recently, he was the lone "no" vote on last Friday's resolution to condemn the Iranian government's crackdown on protesters.

He cited constitutional concerns in that vote, as he has in his criticism of the Fed and a slew of other issues.

"The whole process is unconstitutional. There is no legal authority to operate such a monetary system," Paul said in February, in a statement calling for Washington to "end the Fed." He introduced the Federal Reserve Transparency Act the following day.


Mr. Sunshine? Ron Paul Wins Support to Audit Fed Reserve - Political News - FOXNews.com

ROTHSCHILD'S FEDERAL RESERVE MUST BE ABOLISHED



July 6th, 2009 7:11 AM
Allen L Roland, Ph.D.

The history of the Federal Reserve is an ongoing battle between the Banking elite and the people and anyone who gets in the way is usually crushed. Bush and Obama's top down Wall Street bank bailout, at the expense of Main Street, is a good example of why Rothschild's Federal Reserve must be audited and eventually abolished: Allen L Roland

The Fed (which is not even a government agency, but rather a private corporation consisting of mostly foreign bankers and answers to no one) dictates America's financial policies and is the obvious conduit for the banking elite to control the financial world and, in particular, the New World Order.

And now Obama wants to give even more power to the Fed as Eliot Spitzer writes today in Slate ~ " The Fed botched banking regulation once already. So why does Obama want to give it more power? " Spitzer goes on to elaborate on the main problem with the Fed ~ " The United States should not lightly put our fate back in the hands of the very entity whose oversight of the economy and financial sector brought us into the abyss. The Fed's lack of accountability and transparency is no longer justified by its record or sound principles or public policy. Granting the power without asking the tough questions would be following the path of least resistance ~ Has any thought been given to refocusing on a financial services model that has more smaller institutions and fewer mega banks, thus diversifying risk? Others, no doubt, will have more probing questions for the Fed; and President Obama, Treasury Secretary Timothy Geithner, and Congress should listen to them before they grant the Fed vast new powers." The Fed botched banking regulation once already. So why does Obama want to give it more power? - By Eliot Spitzer - Slate Magazine

To fully understand the Fed ~ you must review its dark history of greed and manipulation which begins with the Rothschild's.

TIME LINE OF THE ROTHSCHILD OWNED FEDERAL RESERVE BANK

1791-1811: Rothschild's First Bank of the United States.

1816-1836: Rothschild's Second Bank of the United States.

1837-1862: Free Banking Era - no formal Central Bank through the efforts of President Andrew Jackson, who , according to Jackson, the Rothschild's later tried to assassinate.

1862-1913: System of National Banks through the efforts of President Andrew Jackson.

In 1862 Abraham Lincoln issued his own fiat money to finance the Civil War and bucked the New York Banks who wanted to charge the government 24- 30% interest on any loans. Lincoln was assassinated on April 14, 1865.

President James Garfield tried to buck the banks and was assassinated on July 2, 1881.

1913-Current: President Wilson Federal Reserve Act creates a consortium of privately held Jewish & associated banks called the Federal Reserve Bank. The largest shareholders of the Federal Reserve Bank are the Rothschild's of London holding 57% of the stock which is not available for public trading.

On May 23 1933, Congressman Louis T. McFadden brought impeachment charges against the members of the Federal Reserve Bank. A smear campaign against McFadden ensued and he was poisoned 3 years later.

On June 4th 1963, John F Kennedy signed Executive Order 1110 which returned to the U.S. Government the power to issue currency without going through the Federal reserve. With the stroke of his pen, President Kennedy was on his way to putting the Federal Reserve Bank of New York out of business ~ for that order gave the U.S. the ability to create its own money backed by silver. Five months later on November 22, 1963 Kennedy was assassinated.

Watch this outstanding ten minute video on the ominous and treacherous path of the Rothschild's ~ a path of greed, manipulation and corruption which continues to this day under the unaudited and secretive rule of the Federal Reserve Bank. YouTube - Criminal Rothschilds
Congressman Ron Paul wants to audit the Federal Reserve. His bill to do this (HR 1207) already has 55 listed co-sponsors, and Congressman Paul's website says the list will soon be up to 90. Bernie Sanders has introduced a similar bill in the Senate (S. 604).

Tell your Congressman to co-sponsor Ron Paul's
Audit the Fed bill. Join me and Sign the petition: Campaign For Liberty — Petition Congress to Audit the Federal Reserve

Campaign For Liberty — Petition Congress to Audit the Federal Reserve

hugosp y demas conforeros ayudadme aqui en un pensamiento que me ha saltado justo al leer esta noticia posteada por great dictator (gracias por la noticia)

A ver si entiendo bien o no... bernake esta pidiendo a los estados arabes que se desliguen del dolar no? eso catapultaria la inflacion en usa no?

Pero no sera justo eso lo que quieren? hiperinflacionar a lo bestia y que se vaya la deuda a tomar por saco? que pasa que no son capaces de hiperinflacionar solos? en vista de todo lo que estan imprimiendo y ni aun asi lo consiguen... luego esta europa ahi aguantando el dolar para que no suba...

acusan a bernanke de intentarlo pero no entienden por que lo hace


me equivoco? lo posteo tambien en el del dolar a ver

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El saber no ocupa lugar.... Pero marca la diferencia

http://theroxylandr.wordpress.com/in...g/kondratieff/ las 4 estaciones economicas de kondratieff --> ahora invierno

No. Es Greenspan el que les esta recomendando que se salgan del dolar, no Bernanke. Pero los arabes ya lo estan haciendo, no es que les haya descubierto nada nuevo.

Y si, la Fed quiere inflacion pero dudo que quiera hiper-inflacion. La Fed esta jugando a que sabe lo que hace y a que no pasara nada por jugar con fuego.

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Unete a la red libre guifi.net
Errores Puntuales - !Mamá, está vez es diferente!

Bastantes demócratas se están sumando al carro. Aquí el senador Jim Demint, intentando tirar para adelante la votación y los líderes del congreso bloqueandola en base a una interpretación "muy ampliada" de la regla 16 (una excusa como cualquier otra para parar la votación). Esto solo son las primeras batallas:

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Unete a la red libre guifi.net
Errores Puntuales - !Mamá, está vez es diferente!

a los que sabeis mas del asunto...la obtencion del escaño de Senador por parte de

Al Franken - Wikipedia, the free encyclopedia

pasando los democrtas a tener la mayoria de 60 senadores va influir en la aprobacion de investigar la FED...o como aqui van por libre los congresistas y senadores ( por libre quiero decir que hacen caso a sus votantes y no a sus partidos, al menos en teoria) tambien se lograra el apoyo a investigar la FED

Senate Update on Audit the Fed legislation

Dear Friend of Liberty,

Earlier today, the first shot in our battle to pass Audit the Fed through the U.S. Senate was fired on the Senate floor by Senator Jim DeMint of South Carolina.

Senator DeMint, who has a well-deserved reputation for taking the battle to the other side in the Senate, once again proved why he is such a valuable ally in our fight to bring transparency and accountability to the Federal Reserve.

A little while ago, the Senate voted to pass HR 2918, the Legislative Branch Appropriations Act. This $3 billion bill contains, among many other things, provisions for GAO audits on certain agencies.

Seizing on a chance to take quick action to bring Audit the Fed up for a vote, and with the GAO provisions in mind, Senator DeMint attached the full text of S 604, the Senate version of Ron Paul's Audit the Fed bill, to HR 2918 as Senate Amendment 1367 before it was considered for final passage.

However, Senate Democrats refused to even allow a vote on the amendment! That's right. The internationalist, Fed-loving elite in the Senate used a parliamentary tactic to shut down DeMint's amendment.

After Senator DeMint brought Audit the Fed to the floor, Senator Ben Nelson of Nebraska raised a "point of order" to prevent a vote, claiming that the amendment violated Senate Rule 16 by "legislating" on an appropriations bill. The Senate president agreed, and the amendment was shot down.

Senator DeMint did not back down, though, and directly challenged Senate leadership by pointing out the other GAO audits contained in the bill. As Senator DeMint listed them off, the Senate president was forced to agree with Senator DeMint that each one he described, all of which would be left in for final passage, also violated Senate Rule 16.

Which tells us at least one thing: the problem wasn't with "legislating" on the bill or violating Senate Rules (which is commonly done). Shooting down the amendment was about preventing a thorough audit of the Federal Reserve for the first time in its history!

Senate leadership is hoping this issue will just fade away so they can get on to what they deem to be more "important" business, like dictating what kind of healthcare plan you and I can carry or passing destructive Cap-and-Tax legislation.

But the American people deserve answers on what the Fed has done with trillions of our tax dollars and what they are committing us and future generations to as part of their secret deals with foreign central banks and governments.

The leadership decided today to turn their backs on transparency, but our fight is just beginning.

As Senator DeMint made clear on the floor, the Audit the Fed bill has wide bipartisan support. He rightly warned the Senate that even if they delay today, they WILL have to deal with the issue on the floor.

It is up to you and me to back up Senator DeMint's words by making sure the momentum continues to build and the bill comes up for a final vote.

The rejection of the Audit amendment is just the first battle in our war. Now is the time to really put the pressure on the U.S. Senate to Audit the Fed!

Senator DeMint fired the opening salvo and showcased the hypocrisy of the Senate for allowing other GAO audits to be included in the bill while refusing to even allow a vote on Fed transparency.

Again, we're just getting started. Senator DeMint will keep fighting to pass Audit the Fed on its own or as an amendment, and we need to continue putting pressure on our senators to do everything in their power to achieve a floor vote!



Campaign For Liberty — Senate Update on Audit the Fed legislation