Forum for young people to have an un-pc political and social commentary about whatever they see fit. No name-calling allowed and no "story-telling." If you have an opinion, let's base it on facts, not what we're "told" in the news. There are no absolutes in politics, partisans play party politics so no one "rocks the boat" and they can get re-elected. Take every issue one at a time and make an informed decision.
Tuesday, April 21, 2009
Let's Audit The Federal Reserve
Support HR 1207 to Audit the Federal Reserve. Contact your Representative today! www.campaignforliberty.com
Congressman Ron Paul (R-Tx) has introduced this bill in February of 2009. His plan is to have a complete audit of the Federal Reserve (a private bank, NOT a government bank) and have the report completed by the end of 2010. The audit would be performed by the Government Accountability Office (GAO).
As of today, the Federal Reserve has never been audited and many Americans (including our elected officials in Washington, D.C.) have no clue where much of the Fed money has gone.
Some facts provided by "Campaign for Liberty" include: -Since 1913 (the year the Federal Reserve was created) our dollar has lost more than 95% of its purchasing power -The Federal Reserve has put the American taxpayers on the hook for $10 trillion in bailouts and loans - The Federal Reserve refuses to tell Congress which banks have received bailout funds
Please contact your Senators and Representative to support HR 1207. For more information go to www.campaignforliberty.com
HR 1207: Federal Reserve Transparency Act
ReplyDeleteCongressman Ron Paul (R-Tx) has introduced this bill in February of 2009. His plan is to have a complete audit of the Federal Reserve (a private bank, NOT a government bank) and have the report completed by the end of 2010. The audit would be performed by the Government Accountability Office (GAO).
As of today, the Federal Reserve has never been audited and many Americans (including our elected officials in Washington, D.C.) have no clue where much of the Fed money has gone.
Some facts provided by "Campaign for Liberty" include:
-Since 1913 (the year the Federal Reserve was created) our dollar has lost more than 95% of its purchasing power
-The Federal Reserve has put the American taxpayers on the hook for $10 trillion in bailouts and loans
- The Federal Reserve refuses to tell Congress which banks have received bailout funds
Please contact your Senators and Representative to support HR 1207. For more information go to www.campaignforliberty.com
Update on HR 1207: The Federal Reserve Tranparency Act now has 71 Co-sponsors in the House! Please continue to contact your Representatives.
ReplyDeleteOk I only have two issues with what you posted. I’m assuming it was a copy/paste job.
ReplyDelete“many Americans (including our elected officials in Washington, D.C.) have no clue where much of the Fed money has gone.”
We can’t force feed people information. There are documents detailing where money goes. They’re public records, ignorance is no excuse!
“-The Federal Reserve has put the American taxpayers on the hook for $10 trillion in bailouts and loans”
I believe Congress and politicians had something to do with that…
Besides that, sounds like a good plan.
The Fed is a Government entity, it just has privately owned parts to it.