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Ron Paul: Yesterday on the House floor we voted on the conference report dealing with financial reforms. The bill that came back after it was in conference with the Senate. The House version of that bill had the audit provision in it; the HR 1207. It was removed in conference. So when the package came back to the floor, the Republicans had once chance to amend this bill, which is called recommit motion. And we were able to include HR 1207 in this package to see if we could get it put back in. An interesting thing happened here, because you know, we do have 320 co-sponsors of HR 1207, and it passed the committee rather easily and it was not challenged on the House floor on the first go-around run. But here we were, on the House floor with a chance to put it back in, and 114 individuals who were co-sponsors of the legislation, voted against it; they voted not to include it. But this is not totally surprising. This is the way this system works too often. People do flip flop and they do change. But it also reflects the fact that the Federal Reserve is a very powerful institution, and they were able to influence these votes. But it still is sad to see that a co-sponsor of a bill this important, that the people really care about and has a great deal of significance, all of a sudden changes. I mean supervision and monitoring and knowing what the Federal Reserve is doing is very, very important. The people want to know about this. Transparency is so important, and yet it failed on the house floor.
Now does that mean it’s over and done with? Well, pretty much so, even though there is a slight possibility another type of legislation that deals with banking regulations may come up before the end of the year, and we may get a chance to offer as a recommit motion if the leadership on the Republican side permits it. But as for now, it looks like we will not have a full audit. But believe me, a lot of benefit has come from this. The Federal Reserve will not get off completely, because more people in this country than ever before know that the Federal Reserve is very, very important, they know they were responsible for the problems that we have, and they know that they work in secrecy. The American people want to know about it. So even though they may have won this battle, they are not going to win the war. Because what they’re doing is going to be devastating to us because this piece of legislation actually gave more power to the Federal Reserve, not less. More power to the regulators, more effort to keep themselves in secret. So, therefore, I see on the long term this is very, very beneficial, so I would say for those individuals that believe in monetary reform and transparency, we will keep the heat on the Fed until we get an honest monetary system.
Question: Is there still reason to be optimistic for an audit sometime in the future?
Ron Paul: Well, I certainly think so. In spite of this setback I think there is reason to be very hopeful that we have made a major step in the right direction. Monetary reform is certainly of a great deal of interest to the younger generation and it will be that younger generation that will be dealing with the reforms. People are reading and studying about central banking, the Federal Reserve, they’re reading Austrian economics. So I would say there is every reason to be optimistic in the long run, but not right at this moment. Certainly maybe the next session of Congress after elections, maybe we can be even more hopeful.
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how can 114 people in the house vote against more transparency? unless they don’t want people to see the extra money their making on the side, what a bunch of traitors…..
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I want the names of every representative that voted against Mr. Paul’s audit the fed bill. Please list their names so I can spread the word to vote the vermin out of office because more than likely they are bought and paid for by the banking industry if not the Fed themselves. Thanks.
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This guy makes me want to be an American citizen just to help.
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if they don’t have to show us how OUR money is being spent, do we have to give it to them?
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Our founding fathers never meant politics to be a career.
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Can the 114 flip floppers be listed?, So we the people can ask why they would do such a thing.
Thank you.
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Awesome!
Paul / Palin 2012!!!!
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Vote ‘em all out, every two years, both parties, more regular citizens should be in Congress, but now it costs a fortune in funny money to be elected! Corporations just LOVE that, they control it!
2012 Ron Paul gives up his seat, runs as an independent, and beats BOTH crooked parties!!
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RON PAUL 2012! god be with him!
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Ron Paul for president!
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Ron Paul/Peter Schiff 2012 !!!
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Screw the FED and the idiots in Washington.
Ron Paul 2012!
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Run for president…then the bill you fight for will mostly always win. look at healthcare and the people dont even want it. imagine when the people do want something.
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FEDERAL RESERVE = CRIME INC LLC
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I guess now is the best time to ask Ron to announce his candidacy for 2012 prsedent of USA ….
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All we need to do in November is begin the process of systematically removing from office, those politicians who continue to support government secrecy.
We are a Constitutional Republic, and it’s certainly about God Damned time these Legislators get told the facts of life. They do not work for banks and special interests, they do not work for themselves. These clowns work for the American people. Come November, let’s continue the process of bringing about real change, Let’s help these corrupt Ba$tard$ find a new line of work.
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My Democratic Congresswoman cosponsored the bill and then voted against it. Luckily the GOP candidate says he would support a full audit of the Fed. Maybe after he (and a new GOP majority) gets elected this fall we can try again!
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WE will carry the flag doctor Paul. We will bring the fight to these criminals…
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Good job Mr. Paul! Keep the heat on the Fed!
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@SpraxIAKS I know how voting works. We need to be directly tied to voting on things that actually matter, not leaving it into peoples hands that just get bought off anyway. We have been getting real unlucky with Presidents and maybe thats the solution to this tyranny in the Senate. Or we can just wait for Ron Paul. =D
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BASTARDS! That’s all they are. Keep up the good work Mr. Paul. When the Tea Party finishes with this next election, you will be able to get something done!!
Tea Anyone?
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BP = Bought & Paid for
BP = Banksters Paradise
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I’m disappointed that the american people have to wait longer to know the truth about the FED researve
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I am sick, sick, sick, about this tremendous lost. Forget the audit, (I’ver done my homework) the Fed has got to be Abolished if we are ever going to get back to a normal and fair monetary system. The longer it goes the Greater the pain will be in the end. Please Dr. Paul, run again in 2012, and maybe consider Judge Napolitano as your VP. If we don’t take back the House and as much of the Senete in Nov. America, as I see it of my 60 years, is DOOMED. In the end Good will prevail over Evil. My prayers are with you.
Highly rated. What do you think?
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Audit the Fed!
RON PAUL 2012!
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keep up the good fight mr paul. america can start something that can cascade around the world. it starts with people like you sir.
from canada,
brad
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@sportrider68
Me too. No audio.
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Why would any elected official not want the Federal Reserve audited? Audits are conducted every day in both private and government agencies. Why are they avoiding or dodging an audit. Smells like they are afraid of an audit and are hiding something! I hope Ron runs for President!!!!!!!!!!!!!!!!!!!!
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This event is our government in a nutshell – Weasels, cowards, liars, thieves and traitors.
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Now you know who these lying,swindling,thugs and traitors are in the congress, who are in bed with the corrupt entity of the Federal Reserve.
America needs to awake up now and throw these bastardos out on the street without any mercy.We are in this deliberate financial mess and mounting jobless rate,which is perpetrated by the thugs like the Federal Reseve,and its evil extensions of the Goldman Sachs,Morgan Stanley,and JP Morgan.
If you don’t get rid of the Federal Reserve America,than you will always be slave to these jewbercon thugs,with unjust wars ,swindling of the wealth of average American citizens and their retirement savings,liberties,.Etc.
You want these unjust wars to end around the world immediately than Audit the Federal Reserve.
You want freedom from the Welfare State of Pisrael ,than get rid of the corrupt Federal Reserve.
And please educate yourself on these very important issues facing America today,and million thanks to our beloved Mr Ron Paul for exposing these lying,swindling,thugs.
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Vote the BUMS out!
Thumbs up if you agree
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I wonder how they got everybody to flip? Probably bribes
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Ron Paul : Last of a dyeing breed. Hopefully Americans start to wake up
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A lot of people on this site are asking for the list of those who broke support of HR 1207. The list is here: http://www.ronpaul.com/2010-07-01/audit-the-fed-fails-229-198/
Glad to see so many want to know (scrolling down a little farther on the Home Page would have got you as much though).
I feel we should be wary of the “114 traitors” myth that could come out of this. Who knows what would have happened if, say, 20 of those 114 had NOT switched. We might have had a different vote… but my guess is 20 others would have filled in instead. THEY DIDN’T NEED EVERYONE TO VOTE AGAINST IT, ONLY A MAJORITY. I’m especially suspicious of the fact that all the 114 were democrates. Are you telling me there’s not a single corruptable Republican soul in congress? Give me a break.
Remember, the R vs. D nonsence is part of the illusion. Republicans know Ron Paul is hot, and like any good parasite they have to adapt to popular concensus. They’ll spray a little Ron Paul cologne on their putrid message and try to past it off as edible. Their banking on pulling off another “change” candidate to “change” (read “alter moderately and expand drastically”) the “change” that Obama brought in.
Yes, we should vote those 114 out, but please don’t let me hear any nonscence about the need to put “a Republican” in office. Don’t use their words: R and D are not abstractions, they are MEANINGLESS… and that is the problem. Define. Define. Define. Don’t let a single candidate enter Washington this Nov. unless he is hardcore all-for personal liberty. Another round of “… at least he’s not as bad as _____” is going to get us all killed>
Highly rated. What do you think?
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All the Nay’s need to be ousted. Why this Nation is in the shape that it’s in, is because of the Fed. Most of those nay votes have something to hide. It makes me sick to my stomach to see this country go sliding southward right before our very eyes. People we better wake up. We are a debtor nation and China’s right at the forfront of it all. As a kid growing up, the saying was that our country would not be taken over by war, but would crumble from within. Take a look around and be honest with yourself, this is just the start. If we don’t act quickly, we will fail. It won’t be because of the President he’s just one of 535 people ruling this country. There is the UNITED STATES OF AMERICA the Corporation. and there is the United States of America the Republic, which one do you belong to. The Corporation is Broke, we need to return to our Republic as our For Father’s created or we will be done. It’s our choice
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-very well put, indeed.
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Where do i find out how my congressman voted on this? I am going to give him hell if he voted against it….
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Hey Ron. Can the president force an audit of the Fed.? If not then how will you be able to do it in 2012 when you become president? If so why hasn’t it been done already
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“a very powerful institution”
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Great work Dr. Paul the supporters of the Federal Reserve may have won the battle, but they won’t win the war. Keep going after them.
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The first step towards ending the Fed is auditing it. An audit will show everyone what the crooks have been up to and the support to stop them would be overwhelming. RP 2012.
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What is the point of this bill. I agree w/ almost everything Ron Paul stands for except this. A criticism of this bill is that it will turn over monetary policy to congress but RP says it wont. SO WHATS THE POINT OF THIS BILL?!?!?!?
All this bill says is “The FED is a corrupt organization so we need to make it more transparent but we are not going to do anything about it once we audit it”
I say just end the FED already & stop w/ all this pointless legislation that wont get a thing done
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The Fed has practically become a branch of government. It is tied to functions of this country. You can’t just end the Fed overnight and have all of your problems solved. A lot of things would fall apart, it needs to be done responsibly. The proposed bill is supposed to get the ball rolling by lifting the veil so the American people can see what’s really going on in this secretive organization. From there we make more decisions. This stuff doesn’t happen instantly.
Anything more than that is an attempt to change the process of our government. Revolution. So get your army marching.
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notice how they don’t even mention ron paul on tv?
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you are dreaming
they will give up nothing
and kill those who get in there way
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RON PAUL FOR PRESIDENT!!!!! ABOLISH THE FEDERAL RESERVE!!!!! NOW!!!!!
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Something like this should go on a National Ballot…We must Audit the Fed. They are corrupt as hell
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Dear Ron Paul,please run gain for president.Thank you.
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Audit and End the Fed.
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Well this i could have predicted, just as i predicted the collapse of the American economy when i came here and saw most people working 3 weeks out of each month to pay interest to banks on their inflated housing prices, its amazing how many people simply refuse to look at whats going on in front of their face and fail to think and understand whats going on around them and what the inevitable outcome has to be. Absolutely everyone should have seen this coming years ago and done something about it then before things got to this point, but hopefully enough can be wise enough to do it now before its too late, and the failure of the “Audit the Fed” bill should be more than enough glaring evidence, for absolutely anyone who is aware of it, that they and America will simply not survive unless they do something as well.
The bottom line is that the Government of the United States of America is owned lock stock and barrel by the same F’ing parasites who collapsed the economy, and they are the ones who put the government in power by giving the population their choices of whom to vote for. For anyone who hasn’t figured this out, these are America’s Banks, and until we as a population act collectively to destroy them they will simply and very shortly get to the point where they have accumulated all the property and industry in this country, leaving the population with nothing, and completely and totally subject to their power, and we will have the final evolution of the current form of Capitalism which Jefferson, Franklin, Jackson and most of the other founding fathers warned is about, which is the modern form of Socialism.
There is only one thing which will stop this, and its simply a waste of time to even fool with trying to accomplish anything through our political process, as this effort has just demonstrated. Even if a bill such as this is introduced which has the support of 99 % of the population, as this one did, Parasites who contribute absolutely nothing of any tangible value to this country of its population and maintain their existence through establishing power over this countries economy and political system have established so much of it that they can kill any piece of legislation which poses a threat to that power against the wishes of 99 % of the population. Then when they do it, 95 % of that 99 % is simply too stupid and unaware to realize that they have done it and simply go on with life as usual, which can only become worse and worse as each day goes by as they don’t think to the extent where they realize what they need to do to make it start getting better instead.
Right now, the American people have several choices.
# 1. They can allow America’s Banks to continue to exist, can keep making their interest payments because they are told to do so, and thus unwittingly help them progressively gain control of our economy, property and industry just as they have over our political process, until they have it all and there is absolutely nothing left for anyone else, at which point they will establish a socialist state which exists exclusively to serve them and maintain their power, deprive the population of any and all freedom and force them into service to their will where they will exist as cattle in order to serve the socialist state which in turn will serve the banks which put it into power. Short of options 2, or # i think we have less than 2 years before this end result is finalized, and the simple demonstration of the absolute power the banks have to enable them to do something like kill the “Audit the Fed” bill should be about as clear and abundant evidence of this which could exist.
# 2. The people of American can grab their rifles, and go to war with the Banks, the Government and political system they have established to serve their interests, and from what i understand, there are already a great number of active militias forming across the country for just this purpose. If enough people can act collectively in this effort to make it happen then it will, and they will win as there is no possible way that the Banks will trust the US military to defend their power against the interests of their brothers and fellow citizens, and we will be up against UN peacekeeping forces who are hopelessly inept as has been demonstrated time and again. If this can be accomplished without banks gaining control of the revolutionary process as they did the first time around, and if instead the end result is people setting up guillotines on wall street and in Washington and creating a scene so gruesome that no banker will ever dare set foot on American soil again nor any politician dare to serve them, then we will have finally established both a government and economy by the people, for the people and of the people which exists to serve them and not America’s Banks, but there are many very big “IF’s” if we attempt to do it this way, many of which are contingent on the ignorance and stupidity of a general population who are trying to do the right thing but don’t have the wisdom to get it right.
# 3. The third option is the one which many of us have been trying to propose and organize on the Sound Money blog on this site, and i think this is the best option as well, with the only guaranteed result in our favor. Right now, the system is still contingent on people being foolish enough to keep paying as the power has not yet been established in order to force them to do so. At this point, if we can simply make enough of the population aware of the problem and understanding it to the point where they realize that they need to do something about it and soon, and then organize them to act collectively and together in order to simply stop paying all bank payments and federal taxes all at once, and all at the same time, then we will have simply denied them the means to establish further power. Since maintaining the existing power of the Banks is contingent on establishing more power in order to secure it, we will have also eliminated their existing power as every single ounce of it is entirely contingent on the people continuing to pay. In stopping to pay all federal taxes, we would also have completely and absolutely denied the existing government which has been established by the banks to serve their power, any and all means to continue to survive, at which point they would either be forced to capitulate, allowing is to elect a government to serve our interests, or they would be forced to actually do their job and produce a public currency in order to survive, after which, without the banks to influence our election process, we will again have a chance to elect a government that would use this currency to facilitate trade, maximize our production and consequently our collective and individual prosperity as well. Our political freedoms would also be secure at this point as we would have destroyed the single power that needs to take them from us, and without that power no one has any incentive to do so.
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Anyway, and once again, i’m going to ask for everyone’s help here in order to bring about option # 3. For anyone who agrees that we need to eliminate this power, permanently secure our freedoms, and establish an economy who’s sole purpose is to generate overwhelming and abundant prosperity for the American people, which will be based on our production capacity and ability to provide useful good and services to our fellow citizens, and not on the manipulation of a private national currency by parasites who contribute absolutely nothing of any tangible value to anyone or anything, to gain power and ownership of our country and economy for themselves, i will ask you to do this the following:
Log onto the sound money blog on this site
http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve/
Begin scrolling back through the posts and reading them and familiarizing yourself with the problem and the proposed solutions as well. Scroll way back as here has already been a great deal of good information posted along with good explanations of how the system that exists today operates, as well as potential and effective solutions to the problems that have been engineered for us. Then copy and paste every single post that you find that you understand and agree with into an email, and forward it to everyone on your email list, and ask them to forward it on. Right now many of us are already doing this, and the information is getting into the hands of hundreds of thousands, if not millions of people, and if you forward to 100 people, 10 of them forward it on to another 100 people, and so on, by the end of a week its in the hands of millions already. The banks have established absolute power and control over our political and public media system, but there is absolutely nothing they can do at this point to prevent us from distributing the information in this way, and for those or us who are doing this, were getting some absolutely enormous and very favorable responses to this as well, and the information is getting out there and circulating, we just need everyone’s help in doing this to the extent where the entire population has been repeatedly exposed to it so often that it finally forces them to think and to see and recognize the problems and solutions.
The American Revolution was made possible by one man, and this was Thomas Payne, who published his book “Common Sense”. The population at the time was angry, and they knew that something needed to be done, but as usual, very few were actually willing to think and understand to the point where they could realize what it was that needed to be done or what objective should be accomplished. Payne published his book and told them and upon reading it, they saw and understood and agreed, and were willing to act so that the objective could be accomplished. This is what we need to do today and each and every one of you who participates in helping to simply get this information into circulation will be equally responsible to anyone contributing the information, to bringing this about, and every future generation will have each and every one of you to thank for their continued freedom and the abundant prosperity which will be established. If we don’t all contribute to this effort, then whatever freedom and prosperity has ever existed in America will no longer exist, and every future generation will have each and every person who did not contribute to this effort to curse for having done nothing and allowed these things to be taken from them.
Anyway, please do come and help us do this, and contribute your own information and ideas to the blog as well if you have something to add. Each and every post is potentially useful to the objective, and we do need to get them off here and circulating among the entire population, which is starting to happen as we speak. Don’t do this once and then stop either, keep scrolling through the posts and forwarding everything you agree with to everyone you know, over and over and over again, and if we can hit enough of the people often enough with this we will have their attention. If we can simply keep this going till where we do have all of their attention, then we can propose a plan of action, I.E. a date to do it, in regards to option # 3 and have a very good chance of bringing it about. If there are not enough the first time, then we simply keep doing the former and re-proposing the latter until there are enough to make it happen, and whatever does happen is up to each and every one of us, and it is our responsibility to either make something happen or do nothing and be responsible for the consequences of that as well.
The unfinished pyramid on the US seal and the back of the one dollar bill was a message to us by our founding fathers that their work was not yet finished, and that our freedom was not secure. If we can all put our effort into this and each contribute our own single block of stone, we can build it to the top, set the capstone in place and finish the job that they started on our behalf. If not then what is already there will be torn down, block by block, by those who have established the power to do so, with absolutely no chance of it ever being rebuilt.
Highly rated. What do you think?
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keep fighting mr should be the president ron paul, we are with ya
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RON PAUL / JESSE VENTURA 2012
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