Who has relevance in Washington?

Ron Paul’s “rEVOLution” (revolution with “love” spelled backwards) has been the sole bright light among GOP organizing efforts since Obama’s election. In a party marred by the awkward resignation of Vice Presidential nominee Sarah Palin from the Alaska governorship and a variety of sexual scandals (David Vitter, John Ensign, Mark Sanford, etc), Ron Paul alone has unified the GOP around an overwhelmingly popular proposal: Auditing the Federal Reserve. His bill (H.R. 1207) has every Republican House member, a score of senators and – according to a July Rasmussen poll – three quarters of the American people backing it. He even has significant bipartisan support: More than a third of the Democrats in the House also cosponsor the bill, which is the reason why two-thirds of the entire Democrat-dominated House is currently cosponsoring the legislation.

On the health care debate, Rep. Paul seems the perfect candidate to give the GOP an authoritative spokesman to oppose Obama’s expensive health care agenda. Dr. Paul is a medical doctor, an obstetrician who has delivered more than 4,000 babies.

Meanwhile, the Ron Paul revolution appears to be flowering politically.

Audit the Fed? Ummmm….YES

“In other words, the value of the dollar remained extremely stable for 150 years, then The Fed was created in order to “stabilize the value of the dollar” and the result has been a 95% devaluation of the dollar in less than 100 years following its creation. Below is a graph of this history…..”

Go PETER!! We need guys like this in the Senate!

Fellow Conservatives,  I have just returned from the World Economic Summit/FreedomFest event in Las Vegas. The best news I heard was Peter Schiff’s announcement that he is considering a Republican run for Senate. You may know Peter as the founder and president of Euro Pacific Capitol, Inc. (www.europac.net) or from the many videos of Peter [...]

Krugman: Delightfully and Deservedly Slammed

And here’s December 2001: “The good news about the U.S. economy is that it fell into recession, but it didn’t fall off a cliff. Most of the credit probably goes to the dogged optimism of American consumers, but the Fed’s dramatic interest rate cuts helped keep housing strong even as business investment plunged.”

That, of course, was the problem: by keeping housing “strong” instead of allowing the economy to correct itself, the Fed encouraged people to continue along an unsustainable path, thereby making the eventual and inevitable bust all the more severe when it finally arrived. Oops!

Peter Schiff: Our economy. Get ready.

These are excerpts from Peter Schiff’s talk that you can read in their entirety here.   The video of Schiff with Jon Stewart embedded in the article is an excellent summary of his whole talk which is off the cuff and a bit scattered. Here are the excerpts.   Read, understand, and get ready. “So, the problem, and the [...]

207 co-sponsor Ron Paul’s “Audit the Fed” Bill

H.R. 1207, The Federal Reserve Transparency Act of 2009, yesterday surged past the 200 co-sponsor mark, nearing a majority in the U.S. House of Representatives. The bill, introduced by Congressman Ron Paul (R-TX), now has 207 cosponsors including 51 Democrats.

Signing on to the bill yesterday were Republican Minority Leader John Boehner (R-OH) and influential Rules Committee Ranking Member David Drier (R-CA). The bill has gained 28 co-sponsors just in the month of June.

Congressman Paul’s legislation is aimed at pulling back the curtain from a secretive and unaccountable Federal Reserve. Congress and the American people have minimal, if any, oversight over trillions of dollars that the Fed controls.

How International Bankers gained Control of America

The following are three comments from people who have viewed “Money Masters” linked here. “The Money Masters is a profound movie that, really, every American should see. Anyone that considers themselves a patriot and that is concerned about the direction this country appears to be heading, needs to see this movie. History is repeating itself. It’s [...]

Some Ask but the Fed won’t tell

Even when the occassional Representative asks, the privately held and controlled Federal Reserve won’t tell.   Watch this:    testimony      There is no Congressional oversight over this Creature from Jekyll Island.

Understanding our current depression

Fed Refuses to Release Bank Data,
Insists on Secrecy

March 5, 2009 (Bloomberg) – The Federal Reserve Board of Governors receives daily reports on bailout loans to financial institutions and won’t make the information public, the central bank said in a reply in a Bloomberg News lawsuit.

The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from US taxpayers and the assets the central bank is accepting as collateral.

Who’s getting the money?

“So why is no one asking questions about why most of the funds are going to the former employers of our Treasury secretaries? Perhaps because many of the entities who should ask “why” are also CFR corporate members. Among the financial press, the CFR counts among its members Bloomberg, General Electric (NBC, CNBC, MSNBC), News Corporation (Fox, Fox Business), Standard and Poor’s, ABC News, Time Warner (CNN, Time magazine, etc.), Moody’s, and McGraw Hill (book publishers).”