Source: Reason
A WorldNetDaily story reports that the bill sponsored by Rep. Ron Paul (R-TX) that would call for an audit of the Federal Reserve has been “gutted” in a congressional committee. The legislation, H.R. 1207, would also close loopholes that prevent transparency of Fed actions. It currently has over 300 co-sponsors in the House.
In a [...]
Written on November 3, 2009 | Posted in
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What Is Money?
Part 5: Fractional Reserve Banking
by Gary North
The heart of the modern monetary system is fractional reserve banking. This system [...]
Paul Andrew Mitchell, B.A., M.S.
Citizen of California, Federal Witness,
Private Attorney General, Author and
Webmaster of the Supreme Law Library
Internet URL of home page:
http://www.supremelaw.org
Internet URL of this file:
http://www.supremelaw.org/sls/31answers.htm
Common Law Copyright
All Rights Reserved without Prejudice
Is the Internal Revenue Service (“IRS”) an organization within the U.S. Department of the Treasury?
Answer: No. The IRS is not an organization within [...]
Written on October 8, 2009 | Posted in
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Some people may not like my headline. I don’t care. Make up your own headline, if you like. Call it whatever you want.
Barney Frank doesn’t want to rock the boat. Oh no. Appearances need to be maintained on the Ship of Fools.
Well, the only thing that’s certain is that the Ship of Fools is headed [...]
Written on September 27, 2009 | Posted in
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Source: Youtube
Related Posts:A cold start to fall: over 4500 new snowfall, low temp, and lowest max temp records set in the USA this last week
Written on September 26, 2009 | Posted in
Economy,
Federal Reserve |
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Read more at: http://www.huffingtonpost.com/2009/09/07/priceless-how-the-federal_n_278805.html
The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession, an investigation by the Huffington Post has found.
This dominance helps explain how, even [...]
Written on September 21, 2009 | Posted in
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Ron Paul’s Bill to Audit the Fed Is Now Veto-Proof
9/16/09 • Washington’s Blog
As Kurt Nimmo previously noted:
[Ron Paul's] Federal Reserve Transparency Act, HR 1207, [is] now up to 232 co-sponsors. It needs a two-thirds vote with 290 members on board so … Obama will not veto it.
Ron Paul’s office has [...]
Written on September 20, 2009 | Posted in
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Local Citizens Petition Congress to Audit the Federal Reserve
Today thousands of signatures were delivered to the offices of Tennessee Congressman John Tanner and United States Senators for Tennessee Bob Corker and Lamar Alexander by non-partisan constituents in a grass roots effort to encourage an audit of the Federal Reserve Bank (Fed), who some claim [...]
Written on September 16, 2009 | Posted in
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by Alan Blinder | FOREIGN AFFAIRS
September 3, 2009
Summary – As the financial crisis continues, the U.S. Congress is considering a bill that would jeopardize the independence of the Federal Reserve. This is a shame. Monetary policy should be protected from congressional politics.
ALAN S. BLINDER is Gordon S. Rentschler Memorial Professor of Economics and [...]
Source: Financial Times
The Federal Reserve has made a $14bn profit on loan programmes that have provided hundreds of billions of dollars in liquidity to the financial system since the start of the crisis two years ago, according to Fed officials.
The internal estimate is based on the difference between the fees and interest on the lending [...]
Source: RawStory
Powerful House Financial Services Committee chairman says central bank’s lending powers to be ‘curtailed’
Congressman Barney Frank (D-MA), one of the most unabashed liberals in the U.S. House of Representatives, told a Massachusetts town hall recently that Texas Republican Congressman Ron Paul’s bill to audit the Federal Reserve bank will clear his chamber by October.
Over [...]
Written on August 28, 2009 | Posted in
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CNNMoney.com
NEW YORK – The Internal Revenue Service announced Wednesday that it has reached a deal with the Swiss government, gaining access to thousands of UBS AG accounts that Americans might have used to avoid paying taxes.
IRS Commissioner Douglas Shulman said that it had gained access to about 5,000 UBS (UBS) accounts held by rich American [...]
Written on August 20, 2009 | Posted in
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President Obama, this is now your opportunity to be a great President like Jackson, Lincoln and Kennedy. Great Presidents do Great things! They have great Honor and Integrity! We know you can do it! “We the People” know the truth! We want to hear it from you! Please join U.S.! Tell the American people the [...]
International journalist Max Keiser has just posted a nine-minute documentary he has done about the British government’s gold sales that were begun in 1999 and now are disparaged as “Brown’s Bottom,” after then-Chancellor, now-Prime Minister Gordon Brown, who decided upon the sales and remains unashamed that they marked the bottom of the gold market. Keiser’s [...]
Written on August 14, 2009 | Posted in
Economic Crisis,
Economy,
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by Thomas D. Dowling
The Federal Reserve Bank is Set Up as a Privately Owned Banking Cartel
Controlled by a Small Elitist Group of Powerful International Bankers.
This Same Cartel Owns Other Central Banking Systems Worldwide
Including the IMF (International Monetary Fund) and World Bank.
End “The Fed Scam” Now! No More “Banksters”!
“I am concerned for the security [...]
Written on August 10, 2009 | Posted in
Economy,
Federal Reserve,
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Laundering Money through the Big Banks: Bernanke’s Quid Pro Quo
by Mike Whitney
Global Research, August 3, 2009
Fed Chairman Ben Bernanke is a man who knows how Washington works and uses that knowledge to great effect. His appearances on Capital Hill are always worth watching. He sits politely with his hands folded in front [...]
Congressman Ron Paul’s bill may never pass, but history suggests the US economy would be better off without the Federal Reserve.
By George Selgin
from the August 3, 2009 edition CSM
Athens, Ga. – Since it was introduced in February, Representative Ron Paul’s “Audit the Fed” bill (H.R. 1207) has gained 282 congressional cosponsors. If adopted, the bill [...]
Another outstanding clip from Morning Meeting. Dylan Ratigan and Congressman Dr. Ron Paul discuss the Federal Reserve and Paul’s bid (HR 1207) to pass legislation that would grant the GAO permission for a complete Fed audit.
Watch
Related Posts:The Re-Election Campaign of Ben Bernanke Washington Post Attacks Ron Paul, Bernie Sanders, and Their Bills to Audit the [...]
The Federal Reserve chief fights for his future. Why is he bothering?
Brian Doherty | July 30, 2009
In the past weeks, Federal Reserve chief Ben Bernanke has taken the prior reputation of the high priesthood of history’s mightiest central bank—august, oracular, mysterious—and devalued it as surely as his bank has devalued the dollar over the past [...]
Fed job approval rating lower than IRS: Gallup poll
Tue Jul 28, 2009 11:20am EDT Reuters
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var RTR_ArticleTitle = "Fed job approval rating lower than IRS: Gallup poll";
var RTR_ArticleBlurb = "NEW YORK (Reuters) - Americans think the Federal Reserve is doing a worse job than even the much-maligned Internal [...]