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Americans Support Ron Paul Plan to Audit the Federal Reserve
AllGov ^ | August 01, 2009

Posted on 08/01/2009 12:55:07 PM PDT by GoldStandard

A plan to open the Federal Reserve to the same scrutiny that almost all other federal government operations endure is overwhelmingly supported by the American people, according to a new poll by Rasmussen Reports. The survey found that 75% of Americans favor auditing the Fed and publicizing the results. The same kind of support can be found in Congress, where members on the left and right who rarely come together are supporting the change.

A House bill by libertarian congressman and former presidential candidate Ron Paul (R-TX) would give the Government Accountability Office the power to examine the books of the national bank, whose leaders object to the idea, arguing that it would compromise the Fed’s independence. H.R. 1207 has 281 cosponsors who span the political spectrum from leftist Dennis Kucinich (D-OH) to arch-conservative Michelle Bachmann (R-MN).

(Excerpt) Read more at allgov.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: fed; federalreserve; ronpaul
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To: FightThePower!
When the USA runs out of money because after generations of spending more than we earn, Israel is finished. I don't want it to be that way, but that is what is going to happen. Ron Paul is just the messenger.
41 posted on 08/01/2009 8:25:52 PM PDT by FightThePower! (Fight the powers that be!)
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To: Artemis Webb
I'm doing it by pointing out that Ron Paul has a long history of anti-Israeli sentiment. I'm doing it that pointing out that you are a dirtbag.

You are a liar and a coward.

It is obvious that your education in social skills was sorely lacking. You are a most unpleasant cad, drooling rage behind your keyboard. You are an example of what civilized people hold up to ridicule the right with. You should get out of your trailer once in a while and interact with other people in the real world. But. You are safer running off at the mouth in cyber space. Don't have to worry about a virtual wired jaw eh. So continue...to spew your ignorance and rage. It's like watching a three year old hold his breath and stomp his feet.

Your type harms anything they advocate for just because of how well you utilize the "jerk" factor.

42 posted on 08/01/2009 9:01:44 PM PDT by KDD ( it's not what people don't know that make them ignorant it's what they know that ain't so.)
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To: Redleg Duke

I figured you’d say something like that. You hate Ron Paul it seems, otherwise you wouldn’t insult someone who’s pushing something you agree with. And you can say what you want to me or about him, you’re just hurting yourself by not listening to what he says. He didn’t invent his message, the Founding Fathers did. And all we’ve done since then is move towards the founding fathers of the Soviet Union. I never despised Ron Paul the way so many (like you) do on here, just out of reflex. I just didn’t understand him so I went with what sounded better than the left. Then I started to realize that there was barely any difference between those on the so-called right and the left, so I started to pay attention to him. And since he just echoes the Founders, I agreed. I only hate collectivism and big government, friend. And when you can show me how Rudy/McCain/Romney or even Bush took us any farther from that then we used to be, I’ll believe you have an argument instead of an irrational grudge.


43 posted on 08/01/2009 10:22:41 PM PDT by dcgst4
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To: KarlInOhio; Fingolfin
So by printing Federal Reserve notes to purchase bond...Oooo, a new American Idol is on soon. Will Paula return as a judge? < /massive cynicism about the American populous>

In 96 years the only thing the Fed has done is wipe out over 95% of the value of the dollar. Just a little more than 4 to go. Can they hit it by their 100th birthday?

The American public is at fault for allowing itself to be victimized by the elite. Every country with a Fed/IRS (Bank of England-style) system ends up in the same predicament as us. In 1764, the Bank of England tried to impose its system on the Thirteen Colonies by having Parliament outlaw Colonial Script. The result was depression and the American Revolution.

http://en.wikipedia.org/wiki/Colonial_scrip

Banksters never fully succeeded in imposing a Bank of England-style system on the US until 1913. Previously, the low-tax, low-debt American economy overtook the high-tax, high-debt British economy in the 1880's. Under the Fed/IRS system, the US has become high-tax and debt-shackled like Britain and the rest of Europe.

History shows that Fed/IRS and Bank of England-style systems are inherently prone to increasing, never repaid debt and spiraling taxes for interest. The only solution is a return to the highly successful Colonial Script system.

44 posted on 08/01/2009 11:48:06 PM PDT by Kells
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To: screaminsunshine
Gold Standard.

Unfortunately, there is not enough gold. A contraction in the money supply would cause deep depression and prevent future growth. We are stuck with a Fiat currency but Colonial Script provides a means to escape the debt-onerous fractional reserve system.

45 posted on 08/01/2009 11:52:39 PM PDT by Kells
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To: Artemis Webb
However I am fighting for them. I'm doing it by pointing out that Ron Paul has a long history of anti-Israeli sentiment.

It doesn't help anyone to kill the goose that lays the golden eggs. The Fed must be audited to save the US economy.

46 posted on 08/02/2009 12:01:44 AM PDT by Kells
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To: Kells
"It doesn't help anyone to kill the goose that lays the golden eggs. The Fed must be audited to save the US economy."

Which is why I said that even a broken clock is right twice a day. Paul has a lot of support for this bill because it's a good idea. My problem with this thread though is that there are those who are trying to claim that wide support for Ron Paul's bill is wide support for Ron Paul. It's not the same thing.

Let me more clear still:

Audit the Fed? Hell yes!!
Marginalize Ron Paul for being the arrogant and traitorous nut he is? Hell yes!!

47 posted on 08/02/2009 12:08:58 AM PDT by Artemis Webb
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To: Artemis Webb
Which is why I said that even a broken clock is right twice a day. Paul has a lot of support for this bill because it's a good idea. My problem with this thread though is that there are those who are trying to claim that wide support for Ron Paul's bill is wide support for Ron Paul. It's not the same thing.

Let me more clear still:

Audit the Fed? Hell yes!! Marginalize Ron Paul for being the arrogant and traitorous nut he is? Hell yes!!

Well, discussion, pro or con, of libertarian foreign policy on financial threads is a distraction. Fed apologists are already calling Paul a nut for the audit but he was the lone voice predicting this mess.

48 posted on 08/02/2009 1:43:21 AM PDT by Kells
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To: GoldStandard
"The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations."

— Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982

49 posted on 08/02/2009 3:58:14 AM PDT by cbkaty (I may not always post...but I am always here......)
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To: Kells
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs."

— Thomas Jefferson, U.S. President.

50 posted on 08/02/2009 4:00:14 AM PDT by cbkaty (I may not always post...but I am always here......)
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To: dcgst4
Talk about "an irrational grudge"!

You folks are the poster children for that phenomena!

Now run along and chew on the carpet.

51 posted on 08/02/2009 6:02:01 AM PDT by Redleg Duke ("Sarah Palin...Unleashing the Fury of the Castrated Left!")
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To: Redleg Duke

My God, you’re right! What a brilliant refute of my arguments!

Not hard to see how the Republicans end up with quasi-socialists like McCain for candidates... Enjoy the fruits of your labor (being spread to all the nations in the U.N.) and the great feeling you will get having been a part of bringing comrade Stalin’s dream to America!!!


52 posted on 08/02/2009 6:41:40 AM PDT by dcgst4
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To: Artemis Webb
How in the hell is Ron Paul a traitor? He's one of the few Congressmen who actually uphold our Constitution!
53 posted on 08/07/2009 4:42:34 PM PDT by Abd al-Rahiim
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