Ron Paul Wins Support to Audit the Federal Reserve
Posted Under: Uncategorized
WedNEWSday - July 1st, 2009
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.
“If they give them a lot more power and there’s no more transparency, that’ll be a disaster,” he said.
(continues below)
“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.
This from FOX News - June 30th, 2009
H.R. 1207: Federal Reserve Transparency Act of 2009
http://www.govtrack.us/congress/bill.xpd?bill=h111-1207
Related Posts-
Pop Legend Michael Jackson Dead at 50 Special Edition - Thursday, June 25th, 2009 Pop music legend Michael Jackson died Thursday afternoon at a Los Angeles hospital, FOX News confirms. Blogger, conservative syndicated columnist, author, and Fox News Channel contributor Michelle Malkin summarized his 'unique' life in just a few sentences. His adult life was marred by lurid molestation charges,...... -
ABC to Propagate the $1.6 Trillion One-Sided Universal Healthcare Lies WedNEWSday - June 24th, 2009 Last week ABC announced plans to air an 'Obamacare' special; Wednesday, June 24th. Basically it will be a one-sided infomercial for the Neo-Marxist healthcare reform plan, as the voice of fiscally responsible conservatives will be silenced. The network announced Monday that during its special next...... -
Connecticut has Church in Crosshairs WedNEWSday - March 11th, 2009 A bill that was introduced in the Connecticut Senate, Raised Bill No. 1098, aimed at reorganizing the financial and pastoral structure of the Catholic Church and thus in effect stripping all administrative authority from bishops and priests, has been pulled yet the proposed legislation still...... -
More Thug Tactics: Obama 'Whacks' Inspector General WedNEWSday - June 17th, 2009 The Inspector General of the AmeriCorps was fired, without the 30 days notice required by law, by Barack Obama. Gerald Walpin, the fired inspector, appears to have been the target of retaliation by Barack and Michelle Obama. Senator Claire McCaskill (D) Missouri, openly objected to the...... -
Free Press Panders for Taxpayer Funded Obama Propaganda WedNEWSday - May 27th, 2009 A socialist-oriented “media reform” group with ties to the Obama Administration is calling for new federal programs and the spending of tens of billions of (taxpayers') dollars to keep journalists employed at liberal media outlets and to put them to work in new “public media.”......
-
Crime - ("Friends" connection) "Baby You're So Repulsive" I just found this shot of Crime playing the song "Baby You're So Repulsive" in 1976 or summick. This tune was the inspiration for me inventing the basic structure of the Crawling Chaos tune "Friends". It's cracked me up after I heard it on Peely one...... -
7 steps to getting out of debt. People accumulate debt for a number of reasons. Some are unavoidable such as a health crisis or loss of work from disability. But often, the root cause is a learned behavior of living beyond one's means. Spending more than you earn is a surefire way to a life of...... -
Ex-Employees Claim Blackwater Billed Gov't For Prostitutes [/caption] Two former Blackwater Worldwide employees say the security company repeatedly billed the U.S. government for excessive or inappropriate expenses, including a prostitute for workers in Afghanistan and strippers in the aftermath of Hurricane Katrina. In a federal lawsuit filed in Virginia, Brad and Melan Davis say Blackwater officials also...... -
Malaysia & The Internet I've had to do quite a few presentations to clients recently about the Malaysia & the internet. So i ended up creating another blog, http://jermyntoh.blogspot.com/, which clients and colleagues could read ..... and i'm cross posting this in LJ ----------------- Internet Penetration is at 60%! Bench mark this Penetration Rate...... -
Wilson Federer Signature Tennis Racket (4 3/8, colors may vary) User Reviews Send this to a friend Buy Now Product Description WILSON Federer Signature, 4 3/8" Grip Racket, Volcanic Frame Techology for power and stability. Titanium Alloy for greater strength. Cushion Pro Grip for more comfort, less shock. Frame stabilizers for better control and accuracy.Signed by the #1 player......
