Date Set for Audit the Fed Vote!

From Matt Hawes Campaign for Liberty:

I have some very exciting news!

After years of C4L’s hard work to secure a standalone vote on Audit the Fed in the U.S. House, our day has arrived.

C4L has learned that Congressman Ron Paul’s H.R. 459, our Audit the Fed bill, will be voted on next Tuesday, July 24!

But this also means I need the help of each and every C4L member more than ever before.

Audit the Fed will be brought up under a “suspension of the rules.”

So the Fed’s allies won’t be able to offer ANY amendments to try to water down this historic bill!

But…

It also means we need two thirds of the House in order to win – instead of just a simple majority.

So it’s vital you contact your representative right away and spread the word to your friends, family, and online contacts.

 

Read more here.

Rep. Paul slams Fed for steps risking US dollar’s reserve status

By Pete Kasperowicz – 08/10/11 09:03 AM ET

The Federal Reserve has taken another step to end the dollar’s reign as a global reserve currency, Rep. Ron Paul said Wednesday.

Paul, the GOP presidential candidate and frequent Fed critic, criticized the central bank’s Tuesday announcement that it would keep a key interest rate at or near zero percent for another two years.

“I think what we’re dealing with is the end of the dollar reserve standard, and that’s a world-wide phenomenon,” Paul (R-Texas) said on CNBC.

The Fed on Tuesday did not announce a third round of quantitative easing as some were hoping, which could have led to more Fed purchases of Treasury debt and a flood of new money, something Paul has criticized in the past. Still, Paul implied that the Fed’s decision to keep interest rates low through mid-2013 is a supplemental strategy that will push the dollar down, and said the recent surge in gold prices is a sign of that.

 

http://thehill.com/blogs/floor-action/house/176229-rep-paul-says-fed-move-step-toward-end-of-dollars-reserve-status

Ron Paul ‘We Have Not Learned Our Lesson’

Ron Paul: The Economy is Collapsing Right Now 5/30/2011

The American Dream By The Provocateur Network

The AMERICAN DREAM is a 30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away. Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day? THE AMERICAN DREAM takes an entertaining but hard hitting look at how the problems we have today are nothing new, and why leaders throughout our history have warned us and fought against the current type of financial system we have in America today. You will be challenged to investigate some very entrenched and powerful institutions in this nation, and hopefully encouraged to help get our nation back on track.

Rep. Paul introduces bill to cancel $1.6T in debt held by Federal Reserve

By Pete Kasperowicz – 08/02/11 10:13 AM ET

Rep. Ron Paul on Monday introduced legislation that would lower the federal government’s debt by canceling the roughly $1.6 trillion in debt held by the Federal Reserve.

Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear.

The Rest is here.

When a cut is not a cut

When a cut is not a cut

By Rep. Ron Paul (R-Texas) – 08/01/11 12:15 PM ET

One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth.  In spite of the rhetoric being thrown around, the real debate is over how much government spending will increase.

No plan under serious consideration cuts spending in the way you and I think about it.  Instead, the “cuts” being discussed are illusory, and are not cuts from current amounts being spent, but cuts in projected spending increases.  This is akin to a family “saving” $100,000 in expenses by deciding not to buy a Lamborghini, and instead getting a fully loaded Mercedes, when really their budget dictates that they need to stick with their perfectly serviceable Honda.  But this is the type of math Washington uses to mask the incriminating truth about their unrepentant plundering of the American people.

 

Continue reading here.