macattak1 Posted March 17, 2009 Share Posted March 17, 2009 "The Federal Reserve can enter into agreements with foreign central banks and foreign governments, and the GAO is prohibited from auditing or even seeing these agreements. Why should a government – established agency, whose police force has federal law enforcement powers, and whose notes have legal tender status in this country, be allowed to enter into agreements with foreign powers and foreign banking institutions with no oversight?" http://www.worldnetdaily.com/index.php?fa=...mp;pageId=91999 Go Ron Paul Quote Link to comment Share on other sites More sharing options...
sprinter Posted March 17, 2009 Share Posted March 17, 2009 "The Federal Reserve can enter into agreements with foreign central banks and foreign governments, and the GAO is prohibited from auditing or even seeing these agreements. Why should a government – established agency, whose police force has federal law enforcementpowers, and whose notes have legal tender status in this country, be allowed to enter into agreements with foreign powers and foreign banking institutions with no oversight?" http://www.worldnetdaily.com/index.php?fa=...mp;pageId=91999 Go Ron Paul The question everyone should ask is, "Who owns the FED?" It is suspected foreign banks own a chunk AKA the Rothschild's. Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted March 17, 2009 Share Posted March 17, 2009 Maybe the FED should be made into a Federal Agency, like in most other countries? Quote Link to comment Share on other sites More sharing options...
macattak1 Posted March 17, 2009 Author Share Posted March 17, 2009 Maybe the FED should be made into a Federal Agency, like in most other countries? Or maybe now that we are up to a Trillion dollars in bailouts we should try the old way. This one has burned me, my wallet, and most others wallets out! Peace and Blessings Quote Link to comment Share on other sites More sharing options...
fmccap Posted March 18, 2009 Share Posted March 18, 2009 Maybe the FED should be made into a Federal Agency, like in most other countries? Maybe we should just get rid of them? Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted March 18, 2009 Share Posted March 18, 2009 Maybe we should just get rid of them? You don't like Congress either, so why would you want to put them in charge of monetary policy? Quote Link to comment Share on other sites More sharing options...
fmccap Posted March 22, 2009 Share Posted March 22, 2009 We are gaining more support for this. Ron Paul Wants To Audit Federal Reserve – HR1207 Would Make Fed More Transparent The unthinkable may happen, according to Ron Paul and his supporters; The Federal Reserve may be audited. This would be the first full audit in the Feds’ 96 year history. The Federal Reserve charges the government interest on the money they create. By law the Federal Reserve must pay the member banks a 6 percent dividend each year. Those member banks include BofA, JPMorgan Chase etc. The Treasury gets what is left over. President Woodrow Wilson says the creation of the Federal Reserve was his biggest mistake. Here is a quote from the 28th President concerning the Federal Reserve: “"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” Quote Link to comment Share on other sites More sharing options...
Ron W. Posted March 22, 2009 Share Posted March 22, 2009 We are gaining more support for this. Ron Paul Wants To Audit Federal Reserve – HR1207 Would Make Fed More Transparent As it should be. Quote Link to comment Share on other sites More sharing options...
macattak1 Posted March 22, 2009 Author Share Posted March 22, 2009 As it should be. Three kinds of people in the US. 90% that know nothing about the Federal Reserve. 9% that understand the Federal Reserve is great and solved all our problems. 1% that understand who made the FR, why they made it, and that nothing was solved or fixed or even improved by it. What it did give us: Huge banks and monolithic money makers That collapse and send the evonomy into its 2nd depression since the creation of the Fed. Resv. A govt that spends billions and trillions on banking bailouts. A private company that runs a system that only Congress is authorized to act within. What we still have even spite of the Federal Reserve? A robust banking system full of small local bankers virtually unscathed by this banking fiasco because they are responsible to people in the local community. In fact, one of the best ways to make money is to get together with a few buddies, put up a total of $150k to buy banking software, hire an executive team and start your own bank. Small banks almost never fail because there are 100's of pages of documentation to fill out and you have to know what your doing in order to start one. Failure rate of small banks is Hugely Small! Peace and Blessings Quote Link to comment Share on other sites More sharing options...
macattak1 Posted March 22, 2009 Author Share Posted March 22, 2009 We are gaining more support for this. Ron Paul Wants To Audit Federal Reserve – HR1207 Would Make Fed More Transparent And remember this! Fed's secrecy policy 3 years old tomorrow And no one said a word. No shots fired. No warnings given. No one cares. Because no one is educated about this illegal and unconstitutional system run by a few for the few. But there wont be a real audit because there is real dirt hidden in the deep crevices of the FR. So they will go lightly with a duster and dust pan when what they need are shovels, backhoes, and bulldozers! Peace and Blessings Quote Link to comment Share on other sites More sharing options...
fmccap Posted March 23, 2009 Share Posted March 23, 2009 And remember this! Fed's secrecy policy 3 years old tomorrow And no one said a word. No shots fired. No warnings given. No one cares. Because no one is educated about this illegal and unconstitutional system run by a few for the few. But there wont be a real audit because there is real dirt hidden in the deep crevices of the FR. So they will go lightly with a duster and dust pan when what they need are shovels, backhoes, and bulldozers! Peace and Blessings Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data Series They have a M3 continuation. Quote Link to comment Share on other sites More sharing options...
macattak1 Posted March 23, 2009 Author Share Posted March 23, 2009 Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data SeriesThey have a M3 continuation. No one understand M3. I sure dont! Thats how they likes it! Peace and Blessings Quote Link to comment Share on other sites More sharing options...
macattak1 Posted March 23, 2009 Author Share Posted March 23, 2009 Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data SeriesThey have a M3 continuation. WOW. Thats inflation! Peace and Blessings Quote Link to comment Share on other sites More sharing options...
fmccap Posted March 23, 2009 Share Posted March 23, 2009 WOW. Thats inflation! Peace and Blessings Or is it really? This is a local guy by me who writes articles that seem to be easier to understand. Humpty Dumpty On Inflation It's Not DisinflationIt's Not Stagflation It's Not Inflation It's Not Hyperinflation What's left looks like a duck, walks like a duck, flies like a duck, and squawks like a duck. And that duck is deflation no matter what Humpty Dumpty suggests. Those who stick to a monetary definition of inflation pointing at M3, MZM, base money supply, or even Money AMS, are selecting a definition that makes absolutely no practical sense. Worse yet they do it screaming about bond-bubbles at yields of 5% or higher, all because they refuse to see or admit the destruction of credit is happening far faster than the Fed is printing.And it is that destruction of credit, coupled with the fact that what the Fed is printing is not even being lent that matters, not some Humpty-Dumptyish academic definition that has no real world practical application! Phooey. I prefer a practical definition of deflation that matches and even predicts what the credit markets and stock markets are going to do, not some definition that is useless for anything but academic debate. The trick now is to figure out how long deflation will last, not whether we are in it. Humpty Dumpty is of no use, he cannot even see where we are. Quote Link to comment Share on other sites More sharing options...
fmccap Posted March 28, 2009 Share Posted March 28, 2009 As it should be. We are getting a little closer because I think they need to bring it to the floor now and not just put it under the rug. Ron Paul’s Fed Transparency Act has 46 Cosponsors, Fax Bomb Today! Ron Paul’s proposed legislation, The Federal Reserve Transparency Act of 2009 (HR1207) now has 46 cosponsors. I must say that the aim of this legislation is so populist that I’m surprised there aren’t already 100 cosponsors. Perhaps the reason is that we constituents haven’t been active enough in getting our representatives to support this bill. Today, join in the Fax Bomb for HR1207. The idea was originally introduced on RonPaulForums and is now being championed at The Daily Paul with a set of nice HR1207 supporting flyers for faxing. This is a great idea and we (obviously) encourage everyone to participate in faxing your representatives requesting they support the bill. What I find interesting and perhaps a bit sinisterly amusing is that many Democrats such as Barney Frank who famously called for more transparency from the Fed and Treasury while George W. Bush was in office are AWOL on transparency now that the “chosen one” is President. I think I may fax a few items to Barney Frank respectfully requesting he use actions to back up his words on transparency. If Frank doesn’t sign on to this bill it further proves that he is nothing more than a partisan lackey. Fax bomb them all today! Quote Link to comment Share on other sites More sharing options...
fmccap Posted April 6, 2009 Share Posted April 6, 2009 Slowly climbing. 58 now. H.R.1207 Quote Link to comment Share on other sites More sharing options...
fmccap Posted May 4, 2009 Share Posted May 4, 2009 H.R.1207 Cosponsors (112) Quote Link to comment Share on other sites More sharing options...
Ron W. Posted May 4, 2009 Share Posted May 4, 2009 (edited) H.R.1207 QUOTE Cosponsors (112) Awesome, if this passes I wonder if Dr. Paul could put together a bill / committee that investigates capitol hill for violations of the Constitution Almost forgot ....."Go Ron Paul" Edited May 4, 2009 by Ron W. Quote Link to comment Share on other sites More sharing options...
fmccap Posted May 13, 2009 Share Posted May 13, 2009 Tell Nancy Pelosi to schedule debate and a roll call vote on Auditing the Fed Quote Link to comment Share on other sites More sharing options...
fmccap Posted May 14, 2009 Share Posted May 14, 2009 But there wont be a real audit because there is real dirt hidden in the deep crevices of the FR. So they will go lightly with a duster and dust pan when what they need are shovels, backhoes, and bulldozers! Video: Federal Reserve Cannot Account for $9 Trillion Grayson concluded, "I am shocked to find out that nobody at the Federal Reserve, including the inspector general, is keeping track of this." Quote Link to comment Share on other sites More sharing options...
macattak1 Posted May 14, 2009 Author Share Posted May 14, 2009 Video: Federal Reserve Cannot Account for $9 Trillion Go check under their beds? Its good to be King!!! I mean really. Wasted money on a trillion dollar Iraq or Afgan budget? Certainly the Fed knows where all 100's of trillions they touch is. I believe it takes two books to catalog it all... Peace and Blessings Quote Link to comment Share on other sites More sharing options...
fmccap Posted May 22, 2009 Share Posted May 22, 2009 Momentum Builds For Ron Paul's "Fed Transparency" Act It already has 175 co-sponsors in the House, and now a major Democrat, Rep. Alan Grayson (ironically, the same one who's proposing that stupid France vacation bill we mentioned this morning has joined on, and is urging his party colleagues to join them. Quote Link to comment Share on other sites More sharing options...
macattak1 Posted May 22, 2009 Author Share Posted May 22, 2009 Momentum Builds For Ron Paul's "Fed Transparency" Act I wonder if we will see a bunch of them killed or mysteriously disappear or change their minds... Should start writing the movie now... Peace and Blessings Quote Link to comment Share on other sites More sharing options...
fmccap Posted June 7, 2009 Share Posted June 7, 2009 Fed to Hire PR Wizard to Fight Against HR 1207 Quote Link to comment Share on other sites More sharing options...
macattak1 Posted June 7, 2009 Author Share Posted June 7, 2009 The Federal Reserve, their actions, those that gave them those powers, and what they do are just disgusting! Basically, a secret society of powerful rich people doing what they have always done. Peace and Blessings Quote Link to comment Share on other sites More sharing options...
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