Posts in "HR 1207"

By Brian Beyer at 12:39PM

Jan 22, 2010

Vote the Rascal Out

Surprisingly, the only truly bipartisan efforts in Congress this year have been directed towards the Federal Reserve. With Dr. Paul's H.R. 1207 garnishing near complete support in the House, and Bernie Sanders' S. 604 doing well in the Senate, the elite at the Fed are more nervous than ever. Now, several Senators have openly announced they will vote nay on reconfirming the Chief Counterfeiter. Senator Shelby is vehemently opposed,

I was a Fed defender for 22 years -- probably one of the biggest ones on the banking committee," he said. "Once I got into the weeds on the Fed's role as a regulator dealing with the holding companies, their regulatory regime, and their record was weak and flawed and that is my beef right now.

It's a start. End the Fed.

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By Brian Beyer at 1:34PM

Nov 29, 2009

Bernanke's "Remedy"

In this Washington Post article, Ben Bernanke, chairman of the Federal Reserve, makes the case for "good reform" for the Fed. Covertly aiming the whole article at the two bills that would expose the Federal Reserve's secretive policies, H.R. 1207 and S. 604, Bernanke offers more of the same rather than real reform.

Bernanke writes,

" The Fed played a major part in arresting the crisis, and we should be seeking to preserve, not degrade, the institution's ability to foster financial stability and to promote economic recovery without inflation."

Read more here

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By Jared Fuller at 7:22PM

Nov 23, 2009

Getting in bed with Mel Watt & the Fed

When we get in bed... with Mel Watt & the Fed... We have to expect... the disease they spread... HONK TO AUDIT THE FED!

MelWattBed

This little tactic, among a wealth of others courtesy of the Leadership Institute, is known as Operation Burmashave. Gotta love student innovation!

The above photo is from the Charlotte "End the Fed" rally on 11/22/09--designed by Wake Forest Young Americans for Liberty.

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By Matt Cockerill at 5:36AM

Oct 22, 2009

10/22/09 Roundup

Stocks slid the day after the Dow hit 10k
Oath Keepers pres Stewart Rhodes smacked down busybody creepazoids Chris Matthews and Mark Potok
Staying on the creepy statist front, some politicians are quietly trying to water down Hr1207.
The US State is stepping up its belligerent rhetoric to North Korea.
Meanwhile, the state's God-Head is losing popular support for his agenda.

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By Matt Cockerill at 10:07PM

Sep 25, 2009

Incredible Day for YAL and the Liberty Movement

In addition to Jeff Frazee and The U of M YAL chapter doing an objectively awesome job in tonight's Student Town Hall, Tom Woods made us all proud earlier today in the HR 1207 hearings with his indictment of the Fed's "easy" monetary policies and lack of public accountability.

Click here for the full hearing, and note that Dr. Woods begins speaking around 2 hours and 25 minutes in. Also, be sure to look for the heroic AntiWar.com sticker in the background while Tom speaks!

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By Preston Mui at 5:57AM

Sep 25, 2009

Thomas Woods' H.R. 1207 Statement

Thomas Woods released his testimony for today's H.R. 1207 (Audit the FED) hearing early on LewRockwell.com. An especially good line:

If there is any truth to the idea of Fed independence, it lay in precisely this: the Fed may reward favored friends and constituencies with trillions of dollars in various kinds of assistance, while keeping the public completely in the dark. If that is the independence we’re talking about, no self-respecting American would hesitate for a moment to challenge it.

Read the entire statement here.

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By Dustin Reid at 10:23PM

Sep 24, 2009

Tom Delay "danced" around Ron Paul?

tomdelay

From CQ Politics:

Long before he danced with the stars, then-House Majority Leader Tom DeLay two-stepped all over fellow Texas Rep. Ron Paul's hopes of overseeing the Federal Reserve, according to an account provided by House Financial Services Committee Chairman Barney Frank .

I know we love to hate on Barney Frank, but if we are to stay objective, the Democrats seem to have shown Dr. Paul more respect than anyone from the Republican leadership in the past.

In 2003, Ron Paul was in line to be chairman of the Domestic Monetary Policy Subcommittee of this committee. Specifically and solely to frustrate Ron from being the chairman, they merged the Subcommittee on Domestic Monetary Policy with the Subcommittee on International Monetary Policy. Ron Paul then complained to Tom DeLay, and Tom DeLay told [then-Chairman Mike] Oxley [R-Ohio] 'Don't change it' ... [T]wo years later, even though they merged the two subcommittees in the progression, Ron was then again ready to be chairman, this time of the combined one.

Read more here

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By Megan Duffield at 11:11AM

Sep 24, 2009

Hearing to take place for H.R. 1207!

Report from The Smoking Argus:

The tentative schedule published by the House Committee on Financial Services, of which Representative Grayson and Paul are members, indicates the hearing on H.R. 1207 The FEDERAL RESERVE Transparency Act of 2009 is to take place on Friday, September 25th, 2009 at 9:30 a.m. Eastern Standard Time.

You can watch the hearing live here. Tom Woods is among those testifying!

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By Nick Leavens at 6:34AM

Aug 4, 2009

Adam Kokesh discusses the Fed

YAL supporter and Congressional Candidate Adam Kokesh talked with RT on Monday regarding the Federal Reserve. Adam gives a great explanation for why the Fed really needs to be audited.

Have you called your Representatives in Congress today?

Who to call in support of HR 1207

Who to call in support of S 604

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