Date: 05/10/2010 Audit the Fed! No More Bailouts! by Ron Paul It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they [...]
Statement of Congressman Ron Paul United States House of Representatives Statement on Hemp History Week May 6, 2010 Madam Speaker, I rise to speak about Hemp History Week. To celebrate the American heritage of growing industrial hemp, the Hemp Industries Association, Vote Hemp, several American manufacturers, and allied companies and organizations have declared May 17 [...]
For Immediate Release May 6, 2010 Senate Sellout Threatens Congressman Paul’s “Audit the Fed” Bill Taxpayers Deserve a Full, Transparent Audit of the Federal Reserve by the GAO Washington, D.C. – Congressman Ron Paul (TX-14) expressed disappointment that his landmark legislation to audit the Federal Reserve Bank – which passed by a wide margin in [...]
Ron Paul just posted the following message on Facebook: Ron Paul: “Bernie Sanders has sold out and sided with Chris Dodd to gut Audit the Fed in the Senate. His “compromise” is what the Administration and banking interests want: they’ll allow the TARP and TALF to be audited, but no transparency of the FOMC, discount [...]
The Federal Reserve is doing everything it can to avoid a review of its activities. Will Ron Paul’s coalition to audit the secretive banking cartel remain victorious in the Senate? Date: 5/6/2010
The Huffington Post ran a detailed article this morning outlining the Fed’s deceptive tactics against transparency: The effort to beat back the audit relies on playing two members of the same caucus — Sens. Bernie Sanders (I-Vt.) and Jeff Merkley (D-Ore.) — off each other. In order to obtain the documents, HuffPost agreed not to [...]
On Auditing the Fed: The Doddering Senate by Gary North Retiring Senator Chris Dodd’s financial reform bill is now open for debate in the U.S. Senate. For the next few weeks, the public will be treated to media sound-bite snippets of Senatorial debate on various aspects of the Senate version of the reform bill. The [...]
Update: The vote failed by a vote of 57-41. On April 27, the vote failed again by 57-41. The stalemate ended on April 28 after Democrats agreed to revise the section of the bill aimed at preventing future bailouts. Today (April 30) the Senate is debating the bill, and votes on amendments (including Bernie Sanders’ [...]
Ron Paul supports the complete elimination of the income tax and the Internal Revenue Service (IRS). On April 30, 2009, the Congressman introduced the Liberty Amendment, a bill to repeal the 16th Amendment to the Constitution: Ron Paul: I am pleased to introduce the Liberty Amendment, which repeals the 16th Amendment, thus paving the way [...]
Congressman Paul has officially introduced his legislation to repeal the federal health insurance mandate. The bill is titled “End the Mandate” and the bill number is HR 4995. The bill’s text is as follows: H.R. 4995 “End the Mandate” To restore the American people’s freedom to choose the health insurance that best meets their individual [...]
The Federal Reserve is the chief culprit behind the economic crisis. Its unlimited power to create money out of thin air brought us the boom and bust cycle and causes one financial bubble after another. By recklessly inflating the money supply the Fed intentionally distorts interest rates and erodes the value of the dollar. For [...]
Location: Congress Date: 01/20/2010 Transcript Ron Paul: I thank the speaker and I rise at this time to talk about a piece of legislation that I’ve recently introduced. That legislation is HR 4248, it’s called The Free Competition In Currency Act. I believe that in the long-term this is a piece of legislation that will [...]
The Fed’s Money Monopoly by Ron Paul Last week, in the name of protecting the little guy from Wall Street, the House passed HR 4173 to increase the little guy’s false sense of security in the financial system. This mammoth piece of legislation would massively increase government regulation and oversight in the banking industry under [...]
So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 79% of Americans favor auditing the Federal Reserve and making the results available to the public. Just seven percent (7%) of adults think that’s a bad idea and oppose it. Fourteen percent (14%) [...]
Venue: Congress Date: 12/01/2009 Transcript Ron Paul: Thank you, Mr. Speaker. Federal Reserve Chairman, Ben Bernanke, does not want us to know any of the details of the Fed’s secret operations. This position is not surprising and has been typical of all central bank chairmen. Bernanke’s stated goal is, “To design a system of financial [...]
Date: 11/23/2009 Channel: CNBC Show: Squawk Box Transcript Judd Gregg: For the Congress to get into monetary policy is just absolutely inexcusable. We can’t handle fiscal policy, but now we want to manage monetary policy? One of the great strengths of our nation is the independent Fed. And this idea which is coming out of [...]
Audit the Fed Attached as an Amendment by Ron Paul I was pleased last week when we won a vote in the Financial Services Committee to include language from the Audit the Fed bill HR1207 in the upcoming financial regulatory reform bill. As it stands now, if HR 3996 passes, because of this action, the [...]
The House Financial Services Committee passed the Audit the Fed amendment yesterday. This is a big victory for all lovers of liberty around the world, and cause for celebration. But the battle is far from over. The enemies of transparency and those who benefit from the Fed’s secret dealings will do everything in their power [...]
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