Translate

GPA Store: Featured Products

Showing posts with label Audit the Fed. Show all posts
Showing posts with label Audit the Fed. Show all posts

Wednesday, February 25, 2015

100 Reasons Why Janet Yellen Should Be Freaking Out About ''Audit the Fed''


Michael Snyder

Janet Yellen is very alarmed that some members of Congress want to conduct a comprehensive audit of the Federal Reserve for the first time since it was created.  If the Fed is doing everything correctly, why should Yellen be alarmed?  What does she have to hide?

During testimony before Congress on Tuesday, she made “central bank independence” sound like it was the holy grail.  Even though every other government function is debated politically in this country, Yellen insists that what the Federal Reserve does is “too important” to be influenced by the American people.  Does any other government agency ever dare to make that claim?

But of course the Federal Reserve is not a government agency.  It is a private banking cartel that has far more power over our money and our economy than anyone else does.  And later on in this article I am going to share with you dozens of reasons why Congress should shut it down.

Wednesday, February 6, 2013

Sen. Paul Introduces Bipartisan Audit the Fed Bill

Dees Illustration
Activist Post

Sen. Rand Paul has introduced the bipartisan Federal Reserve Transparency Act of 2013. Known widely as "Audit the Fed," the bill calls to eliminate restrictions on Government Accountability Office (GAO) audits of the Federal Reserve and mandating the Fed's credit facilities, securities purchases, and quantitative easing activities would be subject to Congressional oversight.

"The Fed's operations under a cloak of secrecy have gone on too long and the American people have a right to know what the Federal Reserve is doing with our nation's money supply," Sen. Paul said. "Audit the Fed has significant bipartisan support in Congress and across the country and the time to act on this is now."

During the 112th Congress, Audit the Fed legislation (H.R. 459) passed the House of Representatives handily, 327-98.

Sen. Paul's version, S. 209, currently has 19 bipartisan co-sponsors in the Senate and companion legislation was introduced earlier this year in the House of Representatives and currently has over 100 co-sponsors.

Wednesday, July 25, 2012

Kucinich: It's Time for Congress to Stand Up To the Fed

Dennis Kucinich



Enter your email address to subscribe to our newsletter:



Delivered by FeedBurner
Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

Tuesday, July 3, 2012

Audit the Fed Headed for the House Floor!



Ron Paul

Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor vote expected sometime in late July, and with a whopping 263 cosponsors, the chances of it passing have never looked better! This is an unprecedented opportunity for transparency into how the currency of the United States is handled, and mishandled by the Federal Reserve. It is more important than ever that my colleagues in the House and Senate understand what this legislation does and why it is so important.

The Federal Reserve is an enormously destructive and unaccountable force in both the U.S. economy and the greater global economy. Federal Reserve policies affect average Americans far more than fiscal, spending, and tax policies legislated by Congress; indeed the Fed "spends" more than Congress when it creates trillions of new dollars on its balance sheet to bail out favored financial institutions.

Thursday, June 28, 2012

Kucinich Explains the Importance of Auditing the Fed

Daily Caller




BE THE CHANGE! PLEASE SHARE THIS USING THE TOOLS BELOW Related Posts Plugin for WordPress, Blogger...
Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Tuesday, June 14, 2011

Treasury whines about cost of Ron Paul's proposed Fort Knox audit

Related Posts Plugin for WordPress, Blogger...

Fort Knox Wiki Image
W.C. Varones

CNBC:

The Treasury document says it would cost about $15 million to conduct an audit. The process would take about 30 minutes to verify the gold content of each bar, or 350,000 man hours; to do that would would take 400 people working for six months, according to the document.
$15 million??? Are you kidding me??? The Fed is printing $104 million a day. That's less than nine minutes of Fed printing. The Federal government spends $3.5 trillion a year. $15 million is less than a minute and a half of government spending. Obama's Porkulus was $800 billion. $15 million is less than 0.002% of Porkulus.

And 400 people working for six months sounds like shovel-ready jobs to me. Wasn't the Obama Administration for stimulus before they were against it?



Purchase Gold Buffalo Coins from APMEX.com Today



Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Tuesday, May 24, 2011

Ron Paul 2012: Addressing the Haters (Video)

Related Posts Plugin for WordPress, Blogger...
Youtube

Just wanted to address comments posted on my last video. Here is a link to the flyerhttp://www.rys2sense.com/anti-neocons/viewtopic.php?f=11&t=25417


Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Monday, December 27, 2010

Ron Paul: Competing Currencies Can 'End the Fed' Softly (VIDEO)

Activist Post

Ron Paul on the House floor introducing his bill for legalizing competing currencies -- the HR 4248 Free Competition in Currency Act of 2009.


The Act Summary:
  1. Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, public charges, taxes, and dues. 
  2. Prohibits any tax on any coin, medal, token, or gold, silver, platinum, palladium, or rhodium bullion issued by a state, the United States, a foreign government, or any other person. 
  3. Prohibits states from assessing any tax or fee on any currency or other monetary instrument that is used in interstate or foreign commerce and that has legal tender status under the Constitution. 
  4. Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.
Contact your Rep to support this effort. Read full bill HERE.

RELATED ARTICLE:
5 Signs the End is Near for Criminal Banks

Buy Silver Today From APMEX.com  


Buy 1 Get 2 Free at Botanic Choice Buy 1 Bottle and Get 2 FREE (select items), plus Free Shipping on $25+ Expires 12/31/2010

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

Friday, December 10, 2010

Is anti-Fed feeling going mainstream?

Zachary Roth
Yahoo News

We've told you about the war on the Federal Reserve launched lately by conservatives. And now comes evidence that it could be gaining some traction in the court of public opinion.

Fifty-five percent of Americans say the central bank should either be reined in or abolished entirely, according to a new Bloomberg poll. Thirty-seven percent say it should be left as is.

Since the Fed last month announced plans to buy $600 billion in Treasury bonds in an effort to jolt the slumbering economy, small-government conservatives have gone ballistic. Former Fed Chairman Alan Greenspan has said the move could weaken the dollar, and Sarah Palin -- not usually cited as an authority on monetary policy -- haswarned that the move will lead to rising prices, going so far as to invoke the hyper-inflation of 1920s Germany.

The attacks have been so intense that Fed Chairman Ben Bernanke has launched a counter-offensive, going on "60 Minutes" to defend the asset purchases as a source of much-needed economic stimulus.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Debate Begins: Greenbackers vs. Goldbugs


The Worst Year Ever


Buy 1 Get 2 Free at Botanic Choice Buy 1 Bottle and Get 2 FREE (select items), plus Free Shipping on $25+ Expires 12/31/2010

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

Tuesday, November 9, 2010

China says G20 should monitor US Fed

Editor's Note: China wants the G20 to have the authority to "monitor" the Fed.  Since the Fed has battled an audit by our own Congress it's doubtful it will happen, but it will be interesting to see if they concede any ground to accommodate global monetary cooperation.


AFP

China's state media has issued a new broadside at the US Federal Reserve's move to prime the US economy, suggesting the Group of 20 should monitor policy shifts by the US central bank.

The Xinhua news agency said in a commentary the Fed was "risking the global recovery by following its own track for economic revival" by spending an extra $US600 billion ($A593.65 billion) buying Treasury bonds to stimulate the US economy.

The comments were published just days ahead of two key summits this week - the G20 meeting in Seoul and the Asia-Pacific Economic Co-operation forum in Yokohama, Japan - that are expected to focus on rebalancing global trade.

"There is an urgent need for the G20 ... to set up a new mechanism that effectively monitors the issuer of the international reserve currency, especially when it is not able to carry out responsible currency policies," Xinhua said.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Debate Begins: Greenbackers Vs. Goldbugs

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

PureWaterFreedom

Sunday, November 7, 2010

Rep. Ron Paul expected to lead House in Federal Reserve oversight

Reuters

Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.

"I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control."

Paul is currently the top Republican on the House of Representatives subcommittee that oversees domestic monetary policy, and is likely to head the panel when Republicans take control of the chamber in January.

That could create a giant headache for the Fed, which earlier this year fended off an effort headed by Paul to open up its internal deliberations on interest rates and monetary easing to congressional scrutiny.

Paul, who has written a book called "End the Fed," has been a fierce critic of the central bank's efforts to boost the economy through monetary policy.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Debate Begins: Greenbackers Vs. Goldbugs

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

PureWaterFreedom

Wednesday, November 3, 2010

Rand Paul Victory Sends Fed Critic to Senate

Getty Image
Phil Izzo
Wall Street Journal

Republican Rand Paul’s victory means that Kentucky will continue to send an outspoken critic of the Federal Reserve to the Senate.

Retiring Sen. Jim Bunning, who Paul succeeds, has been the chief Fed critic in the U.S. Senate. Not only did he vote against the reconfirmation of Ben Bernanke earlier this year, but he was also the sole “no” vote in the Senate Banking Committee during the Fed chairman’s first confirmation. Bunning could also always be counted on to spend his seven minutes during Bernanke’s semiannual testimony to the Banking Committee attacking the Fed.

Of course, there’s no guarantee that Paul will take Bunning’s spot on the Senate Banking Committee. But judging from his interest in the Fed, it seems likely that Paul will seek a spot on the influential panel.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Debate Begins: Greenbackers Vs. Goldbugs

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

PureWaterFreedom

Political Solutions Are Hard to Come By in the Matrix

Human World Order
Activist Post

Obviously it is important for the recently awakened Human Tribe (Truth and Liberty movement) to discuss and analyze the faults of the corporate-government system in order to determine solutions.  However, it seems as though even the group the mainstream views as radical is still trying to affect change within the same corrupt system.  These pragmatists are still operating by rules of the system that have been written by the controllers for the sole purpose of supporting their agenda.

There are many in the Tribe with great ideas, such as returning to the sanctity of the Constitution, thus limiting government control.  This would indeed restore certain personal liberties and local controls, but the corporate controllers seem to have their claws into all aspects of Federal and local governments.  So the notion that it is feasible to have a strict return to the Constitution is slim at best.

Consequently, we must begin to question the solidity of the Constitution itself if the document hasn't prevented the complete mutation of what America was meant to be -- a new land with equality and freedom for all.  It hasn't prevented corporations from forming monopolistic cartels with the power to control entire industries and buy politicians (and judges).  It hasn't prevented a private central bank from being formed with unprecedented power over the global economy.  It hasn't prevented our leaders from taking our country to unnecessary and unjust wars, against the will of the people and common human decency.  It did not prevent the "checks and balances" from falling to the agenda of the robber barons.  And, finally, it has failed in protecting the individual rights of the citizens, which arguably is the sole purpose of the Bill of Rights.


Yes, the U.S. Constitution and Bill of Rights are still the most brilliant documents in history to define a fair and just government.  However, after centuries of perversion by court interpretations and rulings, and millions of liberty-smashing laws and statutes which allowed the rise of our Ponzi economy built by private counterfeiters and consolidated by anti-competition cartels, we must now question the power of the Constitution to address such shortcomings.  Incidentally, returning to the strict interpretation of the Constitution would undo the centuries of precedents in the court and alter the public's perception of reality so dramatically that it is unlikely to happen.

Many of us in the movement to restore human freedom have formed or joined political action groups in hopes of changing unjust aspects of the system.  All of these deeds should be commended and supported.  However, we must remain mindful that the whole as it pertains to the system is greater than the some of its parts.  In other words, the system and its controllers are more powerful than the individual parts of the system.  They have full control of the elected officials no matter which branch they serve:  the courts, the regulatory agencies, the economy, the war machine, and the media propaganda machine.

Furthermore, when we achieve small political victories they can take decades to implement, and ultimately they become hijacked or corrupted in the end.  The most glaring example is the Audit The Fed measure that was passed in the absurd financial "reform" bill.  Ron Paul, who is courageously doing his best to affect change within the system, originally proposed auditing the Federal Reserve three decades ago.  And when it finally was passed into law, it had no teeth left due to the utter corruption of the system.  It is important to note that this highly contested piece of legislation does nothing to change or halt the actual practices or structure of the Fed.  It only allows the Congress a one-time peek behind the curtain at what will surely be a well-orchestrated puppet show with a fictional script called "Cook the Books."

Granted, promoting the Audit the Fed bill, like other causes in the Liberty Movement, can lead to a new levels of awareness among the public.  Ultimately, humanity will only achieve victory when enough people can see the true nature of the system's prison.  So in that sense, these measures do serve a vital role to the movement.  However, we must realize that this watered-down political victory will do nothing to fundamentally change the system.

It seems that in order to truly affect change we must first, as individuals, resist aspects of the system through non-cooperation.  In other words, we must do as Gandhi said and we must "Be the change we wish to see in the world."  It is living the change on a mass scale that will create the new level of consciousness needed to solve the problems created by our corrupt corporate-government.

More Human World Order Articles:
Collapse Survival Will Be Tribal: Begin Recruiting Now


Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

PureWaterFreedom

Monday, November 1, 2010

Why the Fed Will Be Dissolved Within Five Years

Dees illustration
Seeking Alpha

How’s that for a game changer?

In case you missed it, the #1 news story for this week (and the year) was the Fed’s decision to ask its Primary Dealers (PDs) for suggestions on how large and how long QE 2 should run.

The implications of this are vast. But the biggest ones are:

1) The PDs OWN the Fed (not the other way round)

2) QE 2 is a definite, not a “maybe”

3) The Fed doesn’t know what it’s doing

4) The Fed will be dismantled within five years

I’ve long asserted that the US’s money system was in fact controlled by the Big Banks, not the Federal Reserve. The Fed’s decision to ask THEM for suggestions reveals confirms this. It tells us in plain terms WHO decides monetary policy in this country and WHO is responsible for financial markets being where they are.


This statement alone should send chills down everyone’s spines. Think about it, the folks in charge of maintaining our currency policy and consequently the quality of living standards in the US take their orders FROM the banks: the same group responsible for destroying our financial system.

What’s even scarier is the fact that the Fed DOESN’T know what it’s doing. Of course, I’ve been saying this ever since the Financial Crisis erupted in 2008. After all, the Fed never actually took any action in advance, it merely waited for something to go wrong and then desperately applied a band-aid of backstopping or money printing.

However, to see the Fed actually state, PUBLICLY, that it is uncertain of what to do and NEEDS advice from others is simply astonishing. Remember, this is the same group that has resisted any and ALL attempts at transparency and less power. The Fed has literally fought tooth and nail to maintain its privileges. In fact, it’s actually pushed to have MORE power.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Debate Begins: Greenbackers Vs. Goldbugs


Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

PureWaterFreedom

Wednesday, October 13, 2010

When the Fed Goes Bust, Ron Paul for Executor

James Grant
Lew Rockwell

These days, America's federally compliant, too-big-to-fail financial institutions are hard at work on their living wills. The next time disaster strikes, the authors of the Dodd-Frank reform legislation stipulate, banking behemoths must have plans at the ready to dissolve themselves, rather than have the taxpayers pay to wind them up. The Federal Deposit Insurance Corp. was pushing for such an approach to crisis management even before the 848 pages of HR 4173 landed on the nation's coffee table this summer with such a startling thud. Don't worry, Sheila Bair has told the bankers whose deposits her agency insures: It won't take more than 500 hours to throw together an acceptable submission.

But we have been thinking: If the likes of Bank of America, J.P. Morgan and Citigroup have to draw up end-of-days contingency plans, what about the central bank that lit the fuse on the bomb that nearly blew up the economy? Surely, it should have to make preparations for its own dissolution, too. Following is a short-form living will for the Federal Reserve. We submit it pro bono.

Actually, it may hearten Chairwoman Bair to know that it takes nothing like 500 hours to draft a suitable plan. Colleague Evan Lorenz was on the job for no more than 90 minutes, and he seems to have hit the highlights, starting with the identity of the Fed's executor (it's the Republican congressman from Texas).

Why would the Fed ever have to go out of business? Highly leveraged financial institutions forever wobble on the cusp of disaster, and the Federal Reserve Bank of New York, the largest of the Fed's 12 satellite banks, is leveraged 71:1. Maybe its management will zig when it ought to zag, and financial problems will overwhelm the parent.

Read Full Article

RELATED ARTICLE:
The After-the-Fed Solutions Debate Begins: Grennbackers vs. Goldbugs

Fresh food that lasts from eFoods Direct (Ad)

Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!

Print this page

Are you ready to evacuate?
Jasper Roberts Consulting - Widget