Ron Paul: Bill To Audit Fed Would Pass Tomorrow If It Was Given The Opportunity

Steve Watson
Infowars.net
Friday, Nov 13, 2009

Congressman Ron Paul appeared on CNBC’s Squawk Box this morning, cramming a mountain of information into a ten minute interview during which he was given the floor.

The CNBC analysts were so enamored with the Congressman’s analysis that they invited him back to talk for two hours, to which he quipped, “I don’t know if I could stand you guys for two hours!”

Watch the 10 min interview here

Ron Paul: End the Fed, Save the Dollar

“Nothing good can come from the Federal Reserve,” writes Texas Congressman Ron Paul in his latest book hitting shelves this week, titled “End the Fed.”

“It is the biggest taxer of them all. Diluting the value of the dollar by increasing its supply is a vicious, sinister tax on the poor and middle class.”

Paul makes the case that the Fed is the main culprit responsible for the current economic mess the country faces through the destructive policies of cheap credit and excessive money printing.

“Prosperity can never be achieved by cheap credit,” says Paul. “If that were so, no one would have to work for a living. Inflated prices only deceive one into believing that real wealth has been created.”

The Federal Reserve, created in 1913, has been acting as the main central bank of the United States for nearly one hundred years. Many Americans are either not sure or not interested in what role the Fed plays in managing the economy. “The economic crisis has changed everything,” writes Congressman Paul.

Ron Paul: Obama’s ‘goal’ is economic collapse

David Edwards and Stephen Webster
Raw Story
Tuesday, June 23, 2009

Ron Paul, the popular Republican Congressman from Texas, is ripping into the president and Congress for what he sees as their “goal” with round after round of stimulus: complete economic collapse.

“From their spending habits, an economic collapse seems to be the goal of Congress and this administration,” he said in his June 22, 2009, weekly address.

He added that Democrats who voted for the president’s war funding request, which gave an additional $106 billion to military operations in Afghanistan and Iraq — among other, unrelated items — were actually voting in favor of the wars, not just authorization of the president’s agenda.

He called it an affront to everyone who believed a vote for Obama was a vote for a peace candidate.

The president’s insistence on including an additional $108 billion in asset exchange with the International Monetary Fund is merely “buying global oppression,” he said.

Paul added that, “this [bill sent] $660 million to Gaza, $555 million to Israel, $310 million to Egypt, $300 million to Jordan and $420 million to Mexico; and some $889 million will be sent to the United Nations for so-called peace keeping missions.”

In other words, the latest U.S. war funding was an “International bailout,” he said.

The legislation’s provisions for the IMF included 100 billion dollars for the New Arrangements to Borrow (NAB), a credit instrument providing the multilateral institution with additional resources to deal with exceptional risks to the stability of the international monetary system.

They also include an expansion of the nation’s special drawing rights by five billion SDRs, adding roughly eight billion dollars to the IMF’s financial firepower.

The 100 billion dollars for the NAB acts as a credit line for the IMF in case member countries need emergency loans that exceed the institution’s resources. As such, the money is not considered an immediate budget expense.

Sen. Jim DeMint (R-SC) had proposed to strip out the IMF funds, but his measure was defeated in May by a vote of 64-30.

“Not only does sending money to the IMF hurt citizens here, evidence shows that it even hurts those it pretends to help,” Paul said. “Along with IMF loans come IMF required policy changes called ’structural adjustment programs,’ which amount to forced Keynesianism. This is the very fantasy-infused economic model that brought our own country to its knees.”

Obama's Doctor Knocks ObamaCare

David Whelan

David Scheiner, an internist based in the Chicago neighborhood of Hyde Park, has a diverse practice of lower-income adults from the nearby housing projects mixed with famous patients like U.S. Sen. Carol Mosely Braun, the late writer Studs Terkel and, most notably, President Barack Obama.

Scheiner, 71, was Obama's doctor from 1987 until he entered the White House; he vouched for the then-candidate's "excellent health" in a letter last year. He's still an enthusiastic Obama supporter, but he worries about whether the health care legislation currently making its way through Congress will actually do any good, particularly for doctors like himself who practice general medicine. "I'm not sure he really understands what we face in primary care," Scheiner says.

Read full story here

Ron Paul Slams Federal Reserve’s New Dictatorial Powers

Paul Joseph Watson
Prison Planet.com
Friday, June 19, 2009

Responding to the Obama administration’s new regulatory reform plan, which will officially hand the Federal Reserve complete dictatorial control over the U.S. economy, Congressman Ron Paul told MSNBC that the Fed was now more powerful than Congress.

Paul emphasized that no amount of regulation could compensate for a financial system created and controlled by the Federal Reserve that was completely unstable to begin with.

“The regulations should be on the Federal Reserve. We should have transparency of the Federal Reserve. They can create trillions of dollars to bail out their friends, and we don’t even have any transparency of this. They’re more powerful than the Congress,” said Paul.

As we reported yesterday, the new rules would see the Fed given the authority to “regulate” any company whose activity it believes could threaten the economy and the markets.

Obama’s regulatory “reform” plan is nothing less than a green light for the complete and total takeover of the United States by a private banking cartel that will usurp the power of existing regulatory bodies, who are now being blamed for the financial crisis in order that their status can be abolished and their roles handed over to the all-powerful Fed.

“They’re giving a tremendous amount of more power to the Federal Reserve - the very institution that created our problem. That’s about the way Washington works,” said the Congressman

“Too much regulations to begin with, so they give it more. The Federal Reserve creates the problem, so we give them more power. It’s fiat money that’s the problem, so we allow them to double the money supply - you can’t solve the problems that way. That’s like saying you can take care of a drug addict by just giving them more drugs,” concluded Paul, adding that the lack of understanding about how the Federal Reserve created the problem and how the free market ought to work was the root of the crisis.

Medical Care and Socialism

This is a unique story. We have heard about national helth care for years, yet here it is. I have been following this to some degree. You can see my previous post by clicking here.

Ron Paul on N. Korea

Bill to Audit Fed Gains Serious Momentum

Kurt Nimmo
Infowars
May 22, 2009

It looks like the Federal Reserve may finally have something to worry about now that HR 1207 is finally gaining serious steam. If enacted, HR 1207 will amend title 31 of the United States Code and reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States. In other words, for the first time since 1950, the criminals at the Federal Reserve will be forced by law to open their books.

HR 1207 was sponsored and introduced by Rep. Ron Paul. On February 26, 2009, it was referred to the House Committee on Financial Services. It now has 179 co-sponsors (see the list of sponsors below).

If passed, the bill will force the Fed to give a public accounting of the trillions of taxpayer “loans” handed over to the banksters. It will force Congress to audit the Fed and this will force out into the light of day the Fed practice of inflating the currency for the gain of a small number of international bankers. It will reveal the bankster practice of engineering financial crises and depressions — or scientifically created, as Congressman Charles A. Lindberg Sr. said after the Federal Reserve Act was passed in the dead of night — in order to consolidate illicit gains and eliminate competition (as the bankers are monopoly men).

On March 25, 2009, H.R. 1207 had 44 co-sponsors. “We’re making great progress because a lot of you have helped encourage your member of Congress to co-sponsor the bill,” Ron Paul said. “And to me, this is very, very important that we do this. The atmosphere in the Congress has definitely changed. It’s changed with their attitude about the Federal Reserve System, but overall there’s a tremendous push by the American people for the Congress to wake up and have more transparency… I have argued, of course, that we don’t need the Federal Reserve. It’s not part of our constitution and we should get rid of it, but it doesn’t happen that way. But if we get the audit and get the books open, make them answer the questions, I am convinced that the American people will be so outraged that then we will have reform of the monetary system.”

Imagine Ben Bernanke, shorn of his arrogance, dragged before Congress and compelled to answer questions. In the not too distant past, this prospect was a remote dream, but now, thanks to Ron Paul and all the people who have insisted their representatives support this bill, it may become law.

Poll: Majority of Americans support legalizing marijuana

Raw Story
Thursday, May 7, 2009

3,937 voters were asked: “Scarce law enforcement and prison resources, a desire to neutralize drug cartels and the need for new sources of revenue have resurrected the topic of legalizing marijuana. Proponents say it makes sense to tax and regulate the drug while opponents say that legalization would lead marijuana users to use other illegal drugs. Would you favor or oppose the government’s effort to legalize marijuana?”

52 percent came out in favor, with 37 percent against. The poll was commissioned by the conservative-leaning O’Leary report.

“The survey, published as a full-page ad in [Wednesday's] issue of the political newspaper The Hill, polled a sample of 3,937 voters weighted to match the 2008 presidential outcome — 54 percent Obama voters and 46 percent McCain supporters,” Salem News reported.
The results are “slightly higher than the 46 percent support reported in an ABC News/Washington Post poll released at the end of April.”

RON PAUL: WHAT IF... The American People Learn Truth!

Ron Paul: Obama Foreign Policy Identical To Bush

Paul Joseph Watson
Prison Planet.com
Wednesday, March 11, 2009

Congressman Ron Paul has slammed Barack Obama’s foreign policy, saying it is identical to that of his predecessor George W. Bush, proving once again that both parties follow the same agenda on major issues.

Paul compared Obama’s pre-election promises to those of his predecessor George W. Bush, who before his election in 2001 guaranteed that the U.S. would not be the policeman of the world or engage in nation building.

Since the inauguration, Obama has sent 30,000 more troops into Afghanistan and and rapidly expanded the Bush-era bombing raids on Pakistan.

“Even though Obama was the so-called peace candidate and was going to bring our troops home from that war in Iraq, I’m afraid there’s evidence now that shows he’s going to pursue the same foreign policy - which was my argument during the campaign, that no matter what happens, both major parties support the same foreign policy, the same monetary policy, the same welfare policy and there’s never really any change,” said the Congressman.

As we reported last month, Obama’s war chest for 2009 alone, when one includes the budget of the defense department, the vast majority of which is related to spending on new fighter jets and other weapons-related programs, is a whopping $805 billion dollars.

Every single component bar one of the DoD budget is up 5-10% compared to 2008, with the budget for “military construction” increasing by a mammoth 19.1%.

Meanwhile, despite public pronouncements by Obama that a plan to withdraw U.S. troops from Iraq is in progress, the details of the agreement actually establish a permanent presence of a sizable occupying force in perpetuity.

Obama swept to power on the promise that he would “immediately” withdraw troops from Iraq.

In reality, after the “withdrawal” of U.S. troops in 19 months, “Mr. Obama plans to leave behind a “residual force” of tens of thousands of troops to continue training Iraqi security forces, hunt down foreign terrorist cells and guard American institutions,” reported the New York Times.

A senior military officer spelled it out more plainly to the Los Angeles TImes, “‘When President Obama said we were going to get out within 16 months, some people heard, ‘get out,’ and everyone’s gone. But that is not going to happen,’ the officer said.”

Ron Paul also discussed Obama’s monetary policy, noting that every time a new government initiative was announced to supposedly rescue the economy, the stock markets sink.

Paul said that he also did not hesitate to slam Obama’s policies on civil liberties, especially on liberal talk shows that were sympathetic with the new president.

“I don’t think there’s any reason for us to rejoice,” said the Congressman.