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Support H.R. 1207 to Audit the Federal Reserve PDF Print E-mail
Written by Larry Greenley   
Sunday, 01 March 2009 01:42

Federal ReserveHere's a bill all of us need to get behind to help break the Federal Reserve's stranglehold on our money, our economy, and our freedom.

Last week (the week of February 23, 2009) was a very productive one for Ron Paul. On Monday he posted, "On Transparency of the Fed," which applauded the Fed's recent initiatives to enhance its transparency and accountability. However, Paul went on to say, "But with so much of the Fed’s business cloaked in secrecy, these latest initiatives will not even scratch the surface of the Fed’s opaque operations." Furthermore, according to Paul, "People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy."

Therefore, Paul announced:

"The first step is to pass legislation I will soon introduce requiring an audit of the Federal Reserve so we can at least get an accurate picture of what is happening with our money.  If this audit reveals what I suspect, and Congress has finally had enough, they can also pass my legislation to abolish the Federal Reserve and put control of the economy’s lifeblood, the currency, back where it Constitutionally belongs.  If Congress refuses to do these two things, the very least they could do is repeal legal tender laws and allow people to choose a different currency in which to operate.  If the Fed refuses to open its books to an audit, and Congress refuses to demand this, the people should not be subject to the whims of this secretive and incompetent organization."

As his next step, Dr. Paul introduced the new bill on February 26, the "Federal Reserve Transparency Act of 2009," H.R. 1207. The pupose of this act is "To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes."

Although this description of H.R. 1207 is quite vague, Ron Paul made this bill's intent and expected impact very clear in his speech to the Conservative Political Action Conference (CPAC) on Friday, February 27. Here's a video of this very important speech.



The bottom line is that Ron Paul has designed H.R. 1207 to provide, if passed, the first true audit of the Federal Reserve. This audit would be provided to the congressional leadership and to any other member of Congress who asked for a copy. This audit would be a powerful tool for exposing exactly how the Fed controls our economy and our freedom through its creation of money out of thin air. Wielded properly by freedom-minded citizens and legislators, this audit could play a decisive role in restoring sound money and phasing out the Federal Reserve!

Click here to take action now by sending an email to your representative and senators in Congress telling them to support passage of H.R. 1207 in both Houses of Congress.

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Comments (12)add comment

Franklin said:

0
...
I agree.... audit the Fed.
 
March 01, 2009 | url
Votes: +8

Josh Lovetere said:

0
Support HR 1207 on Facebook!
Support Dr. Paul's Legislation to
Open Up the Federal Reserve!

Support HR 1207
Audit the Fed! Facebook Group

http://tinyurl.com/AuditTheFed

or

http://www.facebook.com/group.php?sid=e245159824ccea12e79f8401c59d96b9&gid=57721437230
 
March 01, 2009 | url
Votes: +9

ic0126 said:

0
Exactly
Audit the fed, and look into how the federal reserve was aloud to take control of printing of money in the united states, and how this un-constitutionally insane policy was created. I personally think it happened in 1913 but it is for the American people to take care of this not me.
 
March 01, 2009
Votes: +4

MW1776 said:

0
Ron Paul Supporter
Jeckyl can't Hyde this time! Open the books, and let the healing begin!
 
March 01, 2009 | url
Votes: +6

MarkGlen said:

0
Bill not politically correct
How many congressman have joined Congressman Paul? I have already told people in my area, by way of the local paper, about the Fed.
 
March 02, 2009 | url
Votes: +1

J. Capo said:

0
IMF "Audit" of FED already underway
http://www.spiegel.de/internat...91,00.html

The IMF calls it an "assessment," but it has most of the element of an audit. IMF assessments of central banks in other countries usually sends angry people into the streets.

Before we even get to Ron Paul's bill, the least our congressmen should be demanding is the same access to FED records that the IMF "assessors" are getting right now.




 
March 02, 2009 | url
Votes: +4

Taylor said:

0
Vote on it here
You can vote and have your vote sent direct to your reps. Very easy.

http://www.govit.com/vote/congress.aspx?bill=2009-hr-1207
 
March 02, 2009 | url
Votes: +7

Thomas Paine said:

355
Audit the Fed, but don't get the wrong outcome
Yes, I support Ron Paul on this. Ron needs to be careful he is not walking into a NWO trap. He has said a few times that we should scrap the dollar if we can't trust it. Watch out, he could unwittingly be supporting the Amero, which is their plan.
 
March 02, 2009
Votes: +1

Rikinskoff said:

0
...
I agree. Audit it all.
 
March 02, 2009
Votes: +2

MarkGlen said:

0
Yes, audit the Fed
I just now e-mailed Congressman Randy Naugebauer of the 19 district of Texas and ask him to join forces with Ron Paul. The Fed does needs auditing.
 
March 02, 2009 | url
Votes: +3

Rachmaninoff said:

650
Federal Reserve
Yes! Yes! This could be the most important bill introduced in Congress in our lifetime! The Fed needs to go.
 
March 03, 2009 | url
Votes: +1

RonPaul Revolutionary said:

0
...
This needs to happen... No more allowing Congress to only "talk" and not DO! Hold all elected officials accountable... and then hold the Bankers (and elite) hiding behind the curtain accountable! We The People have spoken and this time make sure our voices are heard loud & clear! Have every Congressman's phone ringing off the hook until this bill passes.

 
March 13, 2009 | url
Votes: +3

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Last Updated on Friday, 27 March 2009 10:28