Ron Paul: The Big Guns Have Lined Up Against HR 1207 (House Floor 7/30/09)


www.house.gov CampaignForLiberty.com Mr. Speaker, the big guns have lined up against HR 1207, the bill to audit the Federal Reserve. What is it that they are so concerned about? What information are they hiding from the American people? The screed is “Transparency is okay–except for those things they don’t want to be transparent.” Federal Reserve Chairman Ben Bernanke argues that HR 1207, the legislation to audit the Federal Reserve, would politicize monetary policy. He claims that monetary policy must remain “independent,” that is, secret. He ignores history, because chairmen of the Federal Reserve in the past, especially when up for reappointment, do their best to accommodate the President with politically driven low interest rates and a bubble economy. Former Federal Reserve Board Chairman Arthur Burns, when asked about all the inflation he brought about in 1971, before Nixon’s re-election, said that the Fed has to do what the President wants it to do, or it would “lose its independence.” That about tells you everything. Not by accident, Chairman Burns strongly supported Nixon’s program of wage and price controls, the same year; but I guess that’s not political. Is not making secret deals with the likes of Goldman Sachs, international financial institutions, foreign governments and foreign central banks, politicizing monetary policy? Bernanke argues that the knowledge that their discussions and decisions will one day be scrutinized will compromise the freedom of

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36 Responses to “Ron Paul: The Big Guns Have Lined Up Against HR 1207 (House Floor 7/30/09)”

  1. Jayn2662 says on :

    @Pokedude11111 IM WIT YOU POKE, LETS TAKE THIS FIGHT RIGHT UP TO THE FEDERAL RESERVE!!! WE ARE TIRED OF PAYING MONEY, WE ARE TIRED OF BEING TAXED, WE ARE TIRED OF IT ALL, THIS HAS BEEN GOING ON SINCE 1913!!! WHEN WILL IT END GET THE FED OUT OF HERE!!

  2. jneil2007 says on :

    End the jew run federal reserve. save our soveirgnty

  3. 1dabirdman says on :

    RON PAUL FOR PRESIDENT 2012, THE REVOLUTION HAS BEGUN! NO MORE FED! NO MORE IRS! WE MUST GO BACK TO THE GOLD STANDARD OR MAY GOD HAVE MERCY ON OUR SOULS. BTW. WE ARE THE ONES TO BLAME FOR BLINDLY ELECTING THESE PUPPETS! THE FEDERAL RESERVE ARE THE ONES IN CONTROL AND THEY DON’T GIVE A TIN SHIT ABOUT ANYONE BUT THERE LORD SATAN AND THE FAKE MONOPOLY MONEY THAT WE ARE SLAVES TO…..i WILL RAKE AN OATH RIGHT NOW TO CAMPAIGN FOR DR. PAUL AND JESSE VENTURA FROM HENCE FORTH UNTIL THE NEXT ELECTION!

  4. ptgyenes says on :

    that was gangster!

  5. slewofdamascus says on :

    The solutions to our most pressing problems are in plain view. The suggested policies, by Ron Paul, are simple and straighforward.

    We end the fed. The power of money returns to the people. A new, fair, monetary procedure is developed.

    We bring the troops home, an economic bonanza, and the rest of the world breathes a sigh of relief.

    We end the CIA in one bold stroke.

    We end the IRS on the very same day – partying in the streets.

    This was week one in the Paul Administration.

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  8. TranshumanCyborg says on :

    Yah, that’s true, but what about the children? Children are too fat, nowadays anyway. That’s why I disagree with you about cutting back on physical education programs.

  9. ItsNotYourFaultUSA says on :

    so what do we do?

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  13. w1ngzer0 says on :

    Thats tunnel thought. Do you not use your brain.

  14. WiseOneNoDrugs says on :

    Ron Paul is telling the TRUTH, The time to get rid of the EVIL AND DISHONEST FED IS NOW! Read the superb book “End the Fed” or “The Creature from Jekyll Island.” Or see video – “New World Order is Here Now”

  15. bluetablepainting says on :

    PS- Audit the FED! Better yet, End the FED! The whole rotten heart of the system lies with the Fractional Reserve Banking system.

  16. bluetablepainting says on :

    Keep up the good work Ron Paul. I highly recommend Ron Paul’s “End the Fed”. I read it twice and bought two extra copies to give away. Go Ron Paul– we are depending on you!

  17. ScavengerData says on :

    mother fucker said so himself “I have ruined my country”

  18. toknow07 says on :

    Ron Paul == Drugs
    Ron Paul == Guns
    Ron Paul == Crush National Defense
    Ron Paul == Nuclear World
    Ron Paul == Propaganda

    RON PAUL ========= DARK AGES

  19. brainsells3000 says on :

    To coin money, regulate the value thereof, and of foreign coin, and fix the standards of weights and measures. These are the congresses duties not some independent corporations. How do we expect to ever have a government we can trust if they forfeit their duties to self serving corporations?

  20. der2c says on :

    HOwdy

  21. Evangelander says on :

    Hang in there, Brother Ron. You are one of the greatest Oath Keeper’s of which I am aware. Bravo!!!

  22. IWashMyOwnBrain says on :

    Audit the Fed now

  23. TheRetiredtrucker says on :

    Go gettem Ron

  24. peacenotapartheid says on :

    go Ron!

  25. Steven Horwitz at FFF: “Do We Really Need a Central Bank?” | Banking and co says on :

    [...] Ron Paul: The Big Guns Have Lined Up Against HR 1207 (House Floor … [...]

  26. elitebanktyranny says on :

    Woodrow Wilson, what have you done to us

  27. evil1keke says on :

    Agree with evrything you said. Ron Paul has to be clever. He knows “Whats up” Obama must not be re-elected!! Stop the Globalist Agenda! This man is talking about real American Values. Keep American soveriegnty!!!

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