The Beginning Of The End
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The Audit The Fed Bill Gets Passed By The House But Obama And The Democrats Are Going To Kill It

On Wednesday, Ron Paul’s bill to audit the Federal Reserve was overwhelmingly passed by the U.S. House of Representatives.  The vote was 327 to 98.  You would think that a bill with such overwhelming support would easily become law.  But it won’t, because Barack Obama and the Democrats plan to kill it.  Senate Majority Leader Harry Reid has already said that the Senate will not even consider the bill.  But of course if Barack Obama called Harry Reid and told him that he wants this bill to get through the Senate so that he could sign it then Harry Reid would be singing a much different tune.  Sadly, we all know that is not going to happen.  Barack Obama’s good buddy Ben Bernanke called the Audit the Fed bill a “nightmare scenario” last week, and Obama is certainly not going to do anything to upset Bernanke – especially this close to the election.  Obama needs Bernanke to do everything that he possibly can to stimulate the economy so that Obama will look as good as possible in November.  The sad truth is that there is absolutely no chance that the Audit the Fed bill will become law and that is a crying shame.

So why is an audit of the Federal Reserve so important?

Why does Federal Reserve Chairman Ben Bernanke consider an audit of the Federal Reserve to be a “nightmare scenario” that must be avoided at all costs?

Well, perhaps it is because there has never been a true comprehensive audit of the Federal Reserve since it was created back in 1913.

The Federal Reserve has more power over the economy than anyone else in the country does, and yet they are virtually unaccountable and the American people have very little idea what has been going on behind closed doors over at the Fed for the past 100 years.

A very limited audit of the Fed that was passed a couple of years ago that examined transactions during the last financial crisis discovered that the Federal Reserve had actually loaned out more than 16 trillion dollars in nearly interest-free money to the “too big to fail” banks between 2007 and 2010.

Keep in mind that U.S. GDP for the entire year of 2011 was only slightly more than 15 trillion dollars.

The Federal Reserve loaned out trillions upon trillions of dollars to their friends and never told the American people about it.

Whoa.

You would think that Congress would be quite eager to see what else has been going on over at the Federal Reserve.

But instead, many Democrats are completely and utterly opposed to auditing the Fed any further.

U.S. Representative Barney Frank (a Democrat) seemed to regard the bill as a joke even after it overwhelmingly passed in the House.  Frank stated that “nobody here thinks this will ever become law“.

According to Politico, there is zero chance that the bill will get through the U.S. Senate….

Senate Majority Leader Harry Reid (D-Nev.) has said the Senate will not consider the bill, effectively killing its chances of becoming law.

But we all know that if Obama wanted this bill to become law that it would be a done deal.

If Barack Obama came out tomorrow in front of the television cameras and declared his support for this bill it would sail right through the Senate.

Unfortunately, the Obama administration has made it very clear that it considers a comprehensive audit of the Federal Reserve to be a really, really bad idea.

For example, Treasury Secretary Timothy Geithner once stated that auditing the Fed is a “line that we don’t want to cross” and that if we did audit the Fed it would be “problematic for the country”.

So what exactly did he mean by that?

That is a very good question.

In any event, people should take this as an opportunity to confront Barack Obama about the Audit the Fed bill wherever he goes.

Perhaps Obama will prove me wrong.

Perhaps Obama will show that he is willing to stand up to the Federal Reserve.

In fact, if Obama gets this bill pushed through Congress and signs it into law, I will not criticize him for an entire month.

But we all know that will never happen.

The Federal Reserve is going to be able to continue to keep their secrets hidden from the American people.

The following is what Ron Paul had to say following the vote on Wednesday….

“I think the whole idea that they can deal in trillions of dollars and know that nobody is allowed to ask them a question is a moral hazard.”

And Ron Paul is right.

If the Federal Reserve can zap trillions of dollars into existence out of thin air and loan that money to their friends at the big banks and to central banks in other countries, then it should not be too much to ask them to be accountable to the American people.

Over the coming months, the American people will heatedly debate whether Barack Obama or Mitt Romney would be better for the U.S. economy.

But the truth is that the Federal Reserve has far more power over the U.S. economy than the president of the United States does.

The Federal Reserve has been called the “fourth branch of government” because of how much power it has.  The Federal Reserve sets our interest rates, it determines the level of our money supply, it regulates and secretly bails out our banks, it determines the “target rates” for unemployment and inflation, and every small move the Fed makes causes global financial markets to swing wildly.

The Federal Reserve does all of this without ever having to be accountable to the American people.  In fact, whenever a bill is introduced that would shed some light on their activities they whine and cry about how important their “independence” is.

In a previous article, I described how preposterous this all is….

For a moment, imagine that there is a privately-owned organization in the United States that can create U.S. dollars out of thin air whenever it wants and can loan that money to whoever it wants to.  Imagine that this organization is able to act with the full power of the U.S. government behind it, but that nobody in the organization is ever elected by the American people, and that for all practical purposes the organization is not accountable to the president or to Congress.  Imagine that the organization is able to make trillions of dollars of secret loans to banks, to foreign governments and even to their close friends without ever having to face a comprehensive audit.  Does that sound preposterous?  Well, such an organization actually exists.

The American people need to stand up and demand an audit of the Federal Reserve.

We deserve to know what is going on over there.

Sadly, the mainstream media makes it sound as if hell has a better chance of freezing over than this bill does of becoming law.  The following is from a USA Today article that was posted on Wednesday….

The bill stands no chance of becoming law because the Democratic-controlled Senate will not take it up. The vote, however, served as a symbolic swan song for Paul, who is not seeking re-election. It is also an indicator of how Paul’s economic views have gone more mainstream, particularly within the Republican Party, in the wake of the 2008 financial crisis that shook Americans’ confidence in Wall Street and the federal government.

Well, let us hope that this kind of a bill keeps getting introduced in Congress.

Perhaps someday we actually will get a real audit of the Federal Reserve.

When that happens, the following is a list of questions that I would like to see asked by those auditing the Fed….

If the Federal Reserve is supposed to prevent shocks to our economy, then why have there been 10 different economic recessions since 1950 and why are we about to enter another one?

Was the Federal Reserve involved in the manipulation of Libor?

What role did the Federal Reserve play in creating the housing bubble that resulted in an unprecedented housing crash?

Why has the value of the U.S. dollar fallen by 83 percent since 1970?

Why is the Federal Reserve paying U.S. banks not to lend money?

Why did Barack Obama nominate Ben Bernanke for a second term as head of the Federal Reserve when Bernanke has a track record of failure that makes the Chicago Cubs look like a roaring success?

Why is the U.S. national debt more than 5000 times larger than it was when the Federal Reserve was created in 1913?

Why were the Federal Reserve and the personal income tax both pushed through Congress in the same year in 1913?

Why does the Federal Reserve argue that it is “not an agency” of the federal government in court?

Why do all 187 nations that belong to the IMF have a central bank?

Do you have any other questions that you would like to have asked during an audit of the Federal Reserve?  Please feel free to post a comment with your thoughts below….

  • Marc

    We’re Doomed!!! Doomed I tell ya……

    Come Lord Jesus…………..

    • Sam Wallerstein

      The real issue here is not the Federal Reserve’s powers and influence(which are indisputable facts), instead the attention must be placed on the brute and ignorant American populace: it is a scientific fact that Americans are a bunch of stupid animals easy to manipulate and subdue. These slobs are extremely gullible and incapable to think for themselves since they don’t have a clue of what critical thinking is all about. As long as these mules remain in such brutish state, it will be very easy for the FED to keep controlling -and manipulating as well- politics, financing and media in the United States.

      • Zedge Hero

        My top 5 Questions for the FED

        1) Why do you call yourself the Federal Reserve if you are not Federal and indeed there is no reserve?

        2) Does anyone call Benny B.S. Bernake to his face?

        3) Does Andrew Jackson’s Ghost ever haunt the chairman or any of the buildings, or maybe Jefferson?

        4)Do you think the American people could have access to the “Discount Window” so we can pay for the housing and job losses that have occured since 2008?

        5) Do you plan to mark the 100th anniversay to coincide with the 100% destruction of the US dollar? (Because 100% in 100 years could be the new motto and I would appreciate some compensation for that and I know you are able to do so out of thin air.)

  • Rodster

    It won’t happen Michael. This is why the entire system is doomed to failure i.e. collapse. It’s similar to the BS in Europe with LIBOR. ;)

    • Nexus789

      What do you mean Europe and LIBOR? US banks and the Federal Reserve are just as involved (probably more so) in ‘fixing’ LIBOR as any financial institution outside the the US.

  • http://windgenerators-forhomeuse.info/ Tom

    Great article Michael. You wrote : “Perhaps Obama will show that he is willing to stand up to the Federal Reserve.”

    I will tell you why he WILL NOT do that : He does not want to suffer the same fate that befell JFK.

    • Deborah

      so true! and if the fed is audited the american people may actually wake up (doubtful) and then we will all be locked up anyway. We are doomed. I turn to my faith only these days…

  • Bad Dawg

    Well, if ya want REAL answers, connect the dots between the Fed, The US govm’t, and the Freemasons. THAT is why the Fed will (Almost) never be audited. It’s amazing how people deny, but never do their homework. Sad but true.

    • SeektheEschaton

      Bad Dawg SOO sad but true. In the age of the internet there is little excuse for complete ignorance and yet people “look but they don’t really see, they listen but they don’t really hear”.

      We all need to find something to hang on to. Events will soon start speeding up and no doubt it will be a rough ride.

    • http://www.whatreallyhappened.com Anon

      You are right, however, IF ENOUGH PEOPLE SPEAK UP, ON THIS ISSUE – THINGS WILL CHANGE! THEY DID UNDER ANDREW JACKSON, AND THEY WILL AGAIN!

    • goldnguns

      Oh c’mon Bad Dawg – you forgot the “Jews” and the “Illuminati”. And of course, Elvis is the REAL head of the Fed – he is alive and living in the vault at 33 LIBERTY Street (Liberty St – ironic as hell ain’t it?)

  • Ivan Kulak

    Comrade Dear Leader knows who put him in power for the last act of looting everything in this once great republic.

  • Dave in TN

    Let’s be fair. Most members of the House (both Dem and Rep) voted for this bill because they knew damn well the Dem leadership in the Senate wouldn’t bring it up for a vote. And let’s give honorable mention to the Progressive Dems for supporting it. Quoting Dennis Kucinich:

    “The Fed creates trillions of dollars out of nothing and gives it to banks. Congress is in the dark. The Fed sets the stage for the subprime meltdown. Congress is in the dark. The Fed takes a dive on LIBOR. Congress is in the dark. The Fed doesn’t tell regulators what is going on. Congress is in the dark….It is time for us to bring the Fed into the sunshine of accountability.”

    What is true, here, is that nearly all members of both ruling parties (and ALL of the leadership) are little more than well-paid whores for the banksters and their new world order.

    • Matt R in MN

      Great comment and quote

  • Highspeedloafer

    Now why would they want to go and do that when their plan to destroy the country is working so well. None of this is unintended. But one day there will be an accounting and I feel sorry for the crooks and their followers. Its gonna be Hell!

  • ScoutMotto

    I have no delusions that this bill will pass. If it were to pass, the stockholders of the Fed will not tolerate having a nose stuck in their business, no matter how justified. A false flag op would make a good distraction for the Fed.

  • EISENKREUTZ

    “The establishment of a central bank is 90% of communising a nation.” – Lenin

    “Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.” – Plank 5 of the Communist Manifesto

    UNDER PERFECT CAPIALISM THE DISTRIBUTION OF WEALTH WOULD BE A FLATLINE BECAUSE YOU WOULD HAVE AN INFINITE NUMBER OF INFINITELY SMALL BUSINESSES IN PERFECT COMPETITION. AFTER THE BOLSHEVIK REVOLUTION THE WEALTH OF THE SUPER RICH IN RUSSIA INCREASED BY A FACTOR OF 7 AND THEY HAD TO RETURN TO A FORM OF CAPITALISM CALLED NEW ECONOMIC POLICY FOR A TIME TO FLATTEN IT OUT. THE IDIOT POPULACE IS TOO STUPID TO UNDERSTAND THAT SOCIALISM HAS NOTHING TO DO WITH ROBBING FROM THE RICH AND GIVING TO THE POOR. SOCIALISM IS WHEN YOU STEAL FROM THE MIDDLE CLASS AND GIVE TO THE SUPER RICH. THAT IS WHAT THE SOCIALIST SYSTEM IS DESIGNED TO DO. DUMBASSES THINK THAT THE DRIVER OF WEALTH INEQUALITY IN THIS COUNTRY IS BECAUSE THE RICH ARE GREEDIER NOW THAN THEY WERE 10 YEARS AGO. THIS COUNTRY DESERVES TO HAVE AN ECONOMIC COLLAPSE.

  • http://theeconomiccollapse stu johnson

    An audit of the fed would be like a bunch of slaves actually taking a physical inventory of there masters,not gonna happen.I don’t care for obama but I really don’t blame him, he’s just a mouth piece. We are NOT free, thats just propaganda. But we still got our rifles :)

    • Diane C

      I don’t think Obama is just a mouth piece. I believe he is part of all of this. He was put in that office. And if the ** hits the fan before November… he will not be leaving.

      That’s what I believe.

  • Dr. David G.

    A lot of media pundits today are saying that an audit of the FED is a very bad idea because it could have an adverse effect on the economy. That’s true, but it isn’t the audit that will cause the problem. An audit of the FED will reveal to the average Amercian how money is created. And that would liley be the nail in the economy’s coffin.

    History tells us that you can’t print fiat money forever and that’s because money IS NOT zapped into existence. Its actually created from debt. That’s right. When you make new money either at the FED or through fractional reserve banking, all that new money is backed by a treasury note or a entry in a bank’s log that acts as collateral. In other words, all that money has to be paid back. With interest.

    There comes a time in a fiat currency’s life, when the creation of all that debt must either be reversed or the currency will fail. You can hide the sharade for a few years by refusing to allow for an audit, or even for a number of decades, but there is simply no way to avoid the final collapse that always follows the creation of credit/debt which is precisely what the FED has been doing for one hundred years. Creating money by increasing debt.

    Open the FED’s books and you expose to the public how money comes into existence. The free market is a perfectly oiled machine. If left alone, without the intervention of credit creation through the banking system, there would be no bubbles, not booms, and no busts. But once you introduce credit creation into the free market you also introduce booms and busts. And the longer and more massive the credit creation, the larger the boom and larger the bust.

    Imagine if the FED desposited directly into your account ten thousand dollars a month. You’d feel ten thousand dollars richer. You didn’t produce ten thousand dollars worth of production, but you ended up with a free deposit. So you spend it. And every month for years the FED makes a ten thousand dollar deposit into your account. And you keep on spending all that wonderful, unearned income. That’s what we call an inflationary boom. The FED created money by borrowing money from the future and backed it up by a note of debt they hold on their balance sheet. But then one day the FED doesn’t make its usual monthly deposit. And you don’t spend your extra then thousand. You tighten up your expenditures a bit. That’s what we call the bust, when all those notes of credit/debt come due, and no one has the money, or the jobs, or the free ten thousand dollar deposits each month, to pay them. The larger the FED deposits in your account, and the larger the notes of debt due, the larger the bust. And believe me, we’ve created more debt instruments (over 700 trillion alone in the derivatives markets) that the coming bust will make previous busts look like easy street.

    If you argue that we shouldn’t look at the FED books, you’re saying, let’s see how much longer we can keep this debt bomb from going off. That’s a fair argument. No one wants to suffer needlessly. And there are a lot of people who thank the FED everyday fro keeping us out of a mega depression. The problem is, that the debt bomb is still ticking. So maybe you avoid the implosion, but what about your children? The longer the debt bomb ticks, and the more debt that is created, the greater the pain. Or maybe its your grandkids that suffer an even larger painful bust. Or your great grandchildren.

    If you argue that we should open FED books, you’re essentially saying, I’m willing, in this generation, right now, to stop the insanity, to stop the debt creation, and to return to a well oiled free market without all the intervention of credit/debt creation.

    “There is simply no way of avoiding the final collapse brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

    Its time to abandon further credit expansion. Take it on the chin. And return to a debt free society. The only alternative is to kick the can and take it even harder on the chin. Option A is less painful than B. Both options are painful.

    Or you could just deny history and pretend that credit expansion is a never ending santa claus who will feed you sugar canes and lollipops for forever.

    • GSOB

      Reply to Dr David G.

      Hello Dr David G.

      To quote you..
      “If you argue that we should open FED books, you’re essentially saying, I’m willing, in this generation, right now, to stop the insanity, to stop the debt creation, and to return to a well oiled free market without all the intervention of credit/debt creation.”

      EXCELLENT!

      So… let’s vote for Ron Paul and get the bloody thing over with. Let’s really began to liquidate the debt. Let’s break through the staged Romnobama race and all the lies propagandized as reality.
      Either we the people get RP in office or we stand by and foster the corrosive corruption that’s is known as ‘kicking the can down the road’.

      Ron Paul
      I wish you well man.
      Seems to me
      Your the best man for the job.

  • salvadordaly

    A sad example of “OUR” government not doing what is best for the nation, only what is best for politics! We deserve what we or you, get for electing these “A” holes into office! If we do not hold them accountable what do you expect?

  • mike Beale

    On another topic of equal importance to most Americans: What will Snookie name her baby?

  • bob

    If the audit the fed they will see how much of congress is on the payroll.

  • 007

    “There is nothing more powerful than an idea who’s time has come.”

    Everyone is catching on to this Fed scam. Even the occupy wall street protestors have figured this out and were screaming. Thankfully, the Feds days are numbered. I just wonder if it is too late to matter.

    • Saq

      I hope your right about the FEDs days being numbered. I won’t hold my breath though.

  • Rtype

    America is economically bankrupt, intellectually bankrupt, morally bankrupt, & spiritually bankrupt. Our families are broken, our politicians are deaf, our companies are corrupted, our military overstretched, our budgets are blown out, our manufacturing is gutted, our borders are wide open, & our unemployment rate is not going down. Never before have we faced so many major problems and been so bankrupt at the same time, you better get ready, the end game is near.

  • A.Mockery

    Of course this bill will not pass the Senate! It’s patently impossible! These evil people (represented by just a few) are not about to reveal their evil machinations to the masses! Are you kidding me? THEY are afraid of US! That’s why it’s so important for us to spread the word and CONNECT. We have power because of our NUMBERS. But we have NOTHING in ISOLATION.

    Personally, with the exception of Ron Paul who I trust completely and am deeply devoted to, I just wish the entire useless Congress would just pack their bags, step down and get out of our way. They are pointless, useless & superfluous. They have only exacerbated this endless rotten economic situation; they have not helped us rise above it! Congress has not done one thing to protect us but has instead worked against us and wasted trillions of our taxpayer dollars.

    Personally enriching themselves at our expense is one thing Congress has done very well, however – particularly under Obama’s reign. Deceiving us to keep themselves in power, enriching themselves at our expense, and using our taxpayer dollars to fund programs that harm us are misdeeds chiefly attributed to Congress. Unsavory, yes! But with deceit and manipulation, Congress can easily soften the blow.

    For example, massive deceit clearly on display with this recent vote: Why bother holding a vote in the House of Representatives if it turns out to mean nothing as will soon happen here? Just more fake imagery or another staged event, apparently! The Senate trumps the house regardless of their vote so there’s no point to having these House critters as they certainly do not serve us. And the Senate has already proven itself even worse! That the Senate has consistently worked against us should be obvious to all by now. These people all need to immediately step down, stop defrauding us of our money, and just get out of our way right now.

    I do not doubt that the lopsided House vote was a planned, manipulative tactic and because of that it was completely fake. As usual, this was a rigged game made to LOOK like our views were supported by those that represent us but in reality their votes will not count.

    Only WE THE PEOPLE can stop this massive criminality that has permeated every sector of our lives. To do this, it is essential that we first familiarize ourselves with their tools of trickery, games, propaganda, and other deceitful tactics that have been used to persuade us.

  • Roger Smith

    Audit the Fed? Ha! That’ll happen about the same time we get to see the Fast n’ Furious documents. Never gonna happen. Anytime somebody gets close to the truth, they get Vince Fostered or Ron Browned. Puh-leeeez. A government run by sociopathic puppets will never be brought to the truth….Yet I can’t help but wonder, where do these folks think they are going to hide when this whole machine goes catastrophic?

    • Jackagain†

      True…and even if there was an audit they would just give out false information.

      As for your last question, the answer lies in Revelation 17-18.

  • Martin

    Some sort of crippled audit of the FED may well be done in the pending process of liquidation of American economy, society, infrastructure, cultural values etc.

    We may well never find out who stolen what and why but crumbling cities, collapsing bridges, rusting military and universally unpaid bills (or wheelbarrows of money needed to purchase a box matches) will clearly show that things went wrong.

    At this point Ben, Tim and other Keynesian economists will whine that there was *not enough stimulus*, eg not enough money was stolen to keep economy going.

  • Skid Marx

    We should confiscate every dime those evil rich people have so the government can spend it in two weeks. Social justice would then be achieved and fairies and unicorns will sing kumbaya while we hold hands.

  • Gary2

    You are correct–the fed needs to be audited and the dems and Obama are wrong to block this.

    • Michael

      You are admitting that the Democrats are wrong?

      :O

      Michael

      • Rodster

        I think Gary2 may after all be a closet conservative. :)

      • Gay Veteran

        surely you don’t think the Republicans are serious about auditing the Fed?!!?!?

        both parties are two sides of the same coin, and that coin is tucked firmly in the pocket of the banksters and billionaires who rule this country

        btw, I find your articles very informative

        • Michael

          When one party finally does something right they deserve credit for it.

          The Republicans in the House (along with some Democrats) voted for the bill and so for one day at least they did the right thing.

          Michael

          • K

            Sorry Michael, they did not do anything right. They have played this game for years. Pass something you know has no chance of going anywhere. Looks like you are doing something. This time it was to throw Ron Paul and his people a bone. With the Republican convention coming up, they need Dr. Paul and his followers in a good mood. I assure you 70% of the people who voted yes, would have voted no, if they thought it had a chance to go anywhere. You want to know how you can tell, if the Fed, has even a remote chance of being audited. You will hear they had a massive fire, that destroyed all the records. When you hear that, you will know the Fed thought they might be audited.

          • xander cross

            Are you sure that they did something right? I bet there is something sinister behind this whole thing. It’s nothing more than a dog and ponny show. Why do you say that you’re against our elected officals, but you continue to support one of the most corrupt congressman of all time and yes, that is ron paul.

          • Kevin2

            Michael

            If TPTB know they can defeat a bill elsewhere they on occasion allow some politicians to save face. If you loose by one vote or 100 you still loose.

            Those few politicians that on occasion that have the balance of history in their hands are brave when they do “The right thing”. A correct vote that in reality changes nothing does not an honest politician make.

          • Gay Veteran

            it all Kabuki dance:

            Kabuki is a term used by American political pundits as a synonym for political posturing

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

    • Kevin2

      Gary2

      Supporting not auditing the Federal Reserve is like advocating that it’s a bad idea to balance your check book. This being said it’s obvious that auditing the Federal Reserve is the right thing to do.

      A question that comes to mind. Why would those that spend so much time on the soapbox telling the masses, “I’m on your side” not be at the very forefront of a Federal Reserve audit? There is one of two possible explanations. Total ignorance regarding the usefulness and necessity of such an audit or they are under the influence of the Federal Reserve. If the former is factual they don’t deserve to hold public office. If the latter is true the Federal Reserves influence goes beyond mere financial policy into politics. Simple put they’re either ignorant or corrupt. Their oratory regarding Free Trade verses their voting record tends to support the latter.

      It’s sad because for the most part you have no choice. Then again neither do a couple of billion citizens living in Democracies or Republics around the world.

  • chiller

    For any criminals, exposing themselves is a ‘nightmare scenario’. Democrats vehement opposition to auditing the Fed make them complicit. If there’s a nightmare going on behind the scenes, we have to know about it, stop it and correct it. At this juncture it’s time for a referendum and let the people decide. Referendums should become automatic when the house and senate are so divided. After all, they are supposed to be doing OUR bidding and if they can’t decide, let us.

  • William

    The UNCONSTITUTIONAL Federal Reserve has been here for almost 100 years. While Paul’s efforts are admirable, since the owners of the private bank named the FED are the very same people who own and operate the US Congress, little will happen to restore the value of the US dollar, down over 96% since the evil of the FED began in 1913. If you go to the voting booth in Nov and vote for the very same IDIOT and COWARD who represents you today, you are part of the problem. If you do not know what the ILLUMINATI are, you have scant chances for survival.

  • Xander cross

    The problem with Ron Paul is very simple. He is a politician who is very corrupt as his son ran Paul.

    • Tim

      I strongly disagree. Ron Paul is not a politician. He is a statesman. There is a big difference.

      As far as Rand Paul, I don’t know what to make of his endorsement of Mitt Romney. I need to watch Rand more before I pass judgment on him.

      • xander cross

        see, this is exactly what I talking about. How you all are so against obama, but give ron and rand paul a pass on everything because they say everything that you want to hear. In his 23 years of being in congress, what happen to his gold business, moneybombs that he and alex jones conned many people to donate? Also, he actually stated that he would vote against the civil rights act and he is against rosa parks, among many things that he have stated. The one that gets me the most is how he never reveals who truly controls the federal reserve. This ron paul, is defiently not on the side of the people.

    • Kevin2

      You have any facts to back up your corruption claim?

  • http://sgtreport Jerry F

    Ron Paul could save the USA from falling off the fiscal cliff. Fascists like Harry Reid won’t allow it. How did he acquire so much power? The people of Nevada should be proud, ha ha. We are screwed!

  • A.S.

    Audit the Federal Reserve? That is like asking to audit the devil. Do you think the devil will show you all his records?

  • A.S.

    If I were a hacker, I would find some small country in the middle of nowhere that no one seems to care about, and put up a server there. And with that server, I would provide all the Federal Reserve records. But that is just a dream, because look what is happing to the hero of wikileaks. May G-d Almighty protect and bless those that stand up to evil and expose it!

  • A.S.

    There is no more democracy or republic in the U.S. anymore:

    “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
    ― Alexis de Tocqueville

    “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
    ― Alexis de Tocqueville

    “America is great because she is good. If America ceases to be good, America will cease to be great.”
    ― Alexis de Tocqueville

  • Note from Idaho

    It is becoming more and more apparent that most politicians hope to keep Americans economically ignorant. An audit of the FED would be groudbreaking and educate many not usually paying attention.

    Ask ten people on the street and nine would say The FED is another Federal agency and they also would say its part the U.S. Treasury.

    Ignorant people are much easier to manage and control…botton line.

  • http://www.whatreallyhappened.com Anon

    STOP WHINING AND COMPLAINING AND – DO – SOMETHING!

    CONTACT Sen. Harry Reid on H.R. 459’s Passage (327-98) – TODAY!

    I did! Here is the text of my message:

    “I was just informed, that the House voted, 327-98, on H.R. 459, & AUDIT THE ‘FED’ passed! I was also just informed, that ‘Sen. HARRY REID is refusing to put Audit the Fed up for a vote in the Senate.’ And, to ‘Please contact his office today and tell him to support AUDIT THE ‘FED’ and allow for a Senate vote!’

    327-98, Senator, is a CLEAR MAJORITY. THE PEOPLE have spoken. Question: Do you represent THE PEOPLE? You may wish to think about this question when it comes time for your re-election”

    CONTACT SEN. HARRY REID TODAY! LET’S FLOOD HIS EMAIL ON THIS ISSUE!
    (Feel free to Copy and Paste the message above, if you wish)
    http://www.reid.senate.gov/contact/index.cfm

    Related News:

    Audit the Fed Passes the House! 327(Y)-98(N)
    http://www.campaignforliberty.org/profile/7788/blog/2012/07/25/audit-fed-passes-0

  • David Hammond

    What is it if a man gains the entire world but loses his soul? Life is only but a wisp of air, it is here one moment and gone the next. These men have traded in their souls to acquire wealth, which is corruptible and can not be taken to the grave. One day they will wake up and realize it was all a waste and profited nothing, but by then it may be too late.

  • Evie

    But we did not have the fed when the freemasons were created by our forefathers after the revolutionary war. Even they would be outraged of this mismanagement of money.
    The people are paying for this and have a right to know. They already know the system has failed.
    To not vote for this bill is an injustice to the american people!

  • Jodi

    Of course they are going to kill the bill. This is nothing more than criminal friends protecting criminal friends. We’re screwed!

  • NorthernCanuck

    This is WAY off topic here, Michael, but given your excellent recent article on the Colorado theatre shooter, Holmes, a suspected MK-ULTRA ‘mind control’ assassin, you have GOT to hear the apparent police communications audio tape on this page:

    “Colorado Shooting: We Have Been Lied Too – Proof”
    http://theintelhub.com/2012/07/26/we-have-been-lied-too-proof/

    • NorthernCanuck

      …Followed by THIS (be sure to read the interesting and perceptive comments below the rmbedded video in this page):

      “ABC Reports Multiple Shooters at Theater Massacre”
      http://theintelhub.com/2012/07/22/abc-reports-multiple-shooters-at-theatre-masacre/

      • NorthernCanuck

        …This story is getting even weirder! I came across this by accident – read it and see if you are not as stunned as I was. Apparently, the US government has been carrying out secret neurological research into the creation of ‘super soldiers’ – just take a look at the connections!

        “Several Links: James Holmes & U.S. Gov. Research
        Wayne Madsen Report

        July 23-24, 2012 — Aurora massacre: several links between James Holmes and U.S. government research (Salk Institute involved in neurologically enhancing soldiers’ abilities on battlefield…connections to DARPA).

        James Holmes, the 24-year old suspect in the mass shooting of Batman “The Dark Knight Rises” movie goers in Aurora, Colorado that left 12 people dead and 58 injured, has had a number of links to U.S. government-funded research centers. Holmes’s past association with government research projects has prompted police and federal law enforcement officials to order laboratories and schools with which Holmes has had a past association not to talk to the press about Holmes.

        Holmes was one of six recipients of a National Institutes of Health Neuroscience Training Grant at the University of Colorado Anschutz Medical Campus in Denver. Holme is a graduate of the University of California at Riverside with a Bachelor of Science degree in neuroscience. Although Holmes dropped out of the PhD neuroscience program at Anschutz in June, police evacuated two buildings at the Anschutz center after the massacre at the Aurora movie theater. Holmes reportedly gave a presentation at the Anschutz campus in May on Micro DNA Biomarkers in a class titled “Biological Basis of Psychiatric and Neurological Disorders.”

        Initial reports of Holmes having an accomplice in the theater shooting have been discounted by the Aurora police. However, no explanation has been given by police why the Anschutz campus buildings were evacuated after Holmes was already in custody in the Arapahoe County jail.

        The Anschutz Medical Campus is on the recently de-commisioned site of the U.S. Army’s Fitzsimons Army Medical Center and is named after Philip Anschutz, the billionaire Christian fundamentalist oil and railroad tycoon who also owns The Examiner newspaper chain and website and the neo-conservative Weekly Standard. The Anschutz Medical Campus was built by a $91 million grant from the Anschutz Foundation.

        In 2006, at the age of 18, Holmes served as a research intern at the Salk Institute at the University of California at San Diego in La Jolla. It is noteworthy that for the previous two years before Holmes worked at the Salk Institute, the research center was partnered with the Defense Advance Research Projects Agency (DARPA), Columbia University, University of California at San Francisco, University of Wisconsin at Madison, Wake Forest University, and the Mars Company (the manufacturers of Milky Way and Snickers bars) to prevent fatigue in combat troops through the enhanced use of epicatechina, a blood flow-increasing and blood vessel-dilating anti-oxidant flavanol found in cocoa and, particularly, in dark chocolate.

        The research was part of a larger DARPA program known as the “Peak Soldier Performance Program,” which involved creating brain-machine interfaces for battlefield use, including human-robotic bionics for legs, arms, and eyes. DARPA works closely with the Defense Science Office on projects that include the medical research community. Fitzsimons was at the forefront of DARPA research on the use of brain-connected “neuroprosthetic” limbs for soldiers amputated or paralyzed in combat.

        According to his LinkedIn profile, James Holmes’s father, Dr. Robert Holmes, who received a PhD in Statistics in 1981 from the University of California at Berkeley, worked for San Diego-based HNC Software, Inc. from 2000 to 2002. HNC, known as a “neural network” company, and DARPA, beginning in 1998, have worked on developing “cortronic neural networks,” which would allow machines to interpret aural and visual stimuli to think like humans. The cortronic concept was developed by HNC Software’s chief scientist and co-founder, Robert Hecht-Nielsen. HNC merged with the Minneapolis-based Fair Isaac Corporation (FICO), a computer analysis and decision-making company. Robert Holmes continues to work at FICO.

        It has also emerged that Holmes, when he was 20, worked as a camp counselor at Camp Max Straus of the Jewish Big Brothers and Sister of Los Angeles. According to the Jewish Journal, among other tasks, Holmes helped to teach boys between the ages of 7 to 10 archery. In another unusual detail, the car Holmes used to drive to the Aurora movie theater had Tennessee plates. Holmes is originally from San Diego.

        James Holmes is the grandson of Lt. Col. Robert Holmes, one of the first Turkish language graduates of the Army Language School, later the Defense Language Institute, in Monterey, California. Graduating from the Turkish language class in 1948, Holmes spent a career in the Army, which likely included more than a few intelligence-related assignments. Typically, U.S. military officers conversant in Turkish served with either the Defense Intelligence Agency or the Central Intelligence Agency at either the U.S. embassy in Ankara or the Consulate General in Istanbul, or both.

        Terrence Sejnowski, the Francis Crick Professor at the Salk Institute for Biological Studies and the director of the Computational Neurobiology Laboratory, in an interview with Cognitive Science Online in 2008, had the following comment about recent studies of the human brain: “Alan Newell [cognitive psychology researcher at the intelligence community-linked RAND Corporation] once said that when AI [artificial intelligence] was founded not enough was known about the brain to be of any help and in the early 1980s, symbol processing was the only game in town. That has changed and we now know a lot about the brain, perhaps more than we need to know [emphasis added].”

        More than we need to know!

        The links between the younger and elder Holmes and U.S. government research on creating super-soldiers, human brain-machine interfaces, and human-like robots beg the question: “Was James Holmes engaged in a real-life Jason Bourne TREADSTONE project that broke down and resulted in deadly consequences in Aurora, Colorado?” In any event, if the Batman movies are now serving as a newer version of J.D. Salinger’s “Catcher in the Rye” subliminal messaging triggering mechanism, — Salinger’s novel was of interest to a number of American political assassins — keep in mind that August 10 is the opening date of The Bourne Legacy. It may be wise to skip that film in the theater for a while.@

        Found at: http://www.davidicke.com/forum/showthread.php?p=1060956973

        • GSOB

          To NorthernCanuck,

          Hello NorthernCanuck,

          The agenda is to remove the availability of guns in the legal market place, to control the people with tyranny, not super soldiers like depeicted in the Jason Bourne trilogy.
          Holmes = Treadstone? I don’t think Holmes will be liked as much as Jason Bourne anyways.

          Your information is good writing though.

          Obama = The Manchurian Candidate.. not even close either… but I think Obama is an implant out from the same types of lab experimentations as Holmes, but not of this country.

          • NorthernCanuck

            Hello GSOB,

            Thanks for your comment.

            I totally agree with you on the ‘gun confiscation’ agenda. I think, though, that the point of the article I re-posted above was that there were extremely suspicious connections at work here relating to ‘Super Soldier’ neurological research which Holmes may have been involved in and that someone may have decided to program and use him to commit an atrocity which would then further the goal of gun confiscation.

            As for THAT agenda, here it is in all of its devious glory. Since its getting really hard to find State Department Document 7227 on the web now I’ve, hopefully with Michael’s indulgence, re-posted THAT in full below. Read it and be shocked!

            This is the blueprint for a New World Army, under UN control, with complete disarmament of the population(s) as the sting in the tail at the very bottom of this document:

            FREEDOM FROM WAR

            The United States Program for General and Complete Disarmament in a Peaceful World

            DEPARTMENT OF STATE
            PUBLICATION 7277
            Disarmament Series 5
            Released September 1961
            Office of Public Services
            BUREAU OF PUBLIC AFFAIRS

            INTRODUCTION

            The revolutionary development of modern weapons within a world divided by serious ideological differences has produced a crisis in human history. In order to overcome the danger of nuclear war now confronting mankind, the United States has introduced at the Sixteenth General Assembly of the United Nations a Program for General and Complete Disarmament in a Peaceful World.

            This new program provides for the progressive reduction of the war-making capabilities of nations and the simultaneous strengthening of international institutions to settle disputes and maintain the peace. It sets forth a series of comprehensive measures which can and should be taken in order to bring about a world in which there will be freedom from war and security for all states. It is based on three principles deemed essential to the achievement of practical progress in the disarmament field:

            First, there must be immediate disarmament action:

            A strenuous and uninterrupted effort must be made toward the goal of general and complete disarmament; at the same time, it is important that specific measures be put into effect as soon as possible.

            Second, all disarmament obligations must be subject to effective international controls:

            The control organization must have the manpower, facilities, and effectiveness to assure that limitations or reductions take place as agreed. It must also be able to certify to all states that retained forces and armaments do not exceed those permitted at any stage of the disarmament process.

            Third, adequate peace-keeping machinery must be established:

            There is an inseparable relationship between the scaling down of national armaments on the one hand and the building up of international peace-keeping machinery and institutions on the other. Nations are unlikely to shed their means of self-protection in the absence of alternative ways to safeguard their legitimate interests. This can only be achieved through the progressive strengthening of international institutions under the United Nations and by creating a United Nations Peace Force to enforce the peace as the disarmament process proceeds.

            There follows a summary of the principal provisions of the United States Program for General and Complete Disarmament in a Peaceful World. The full text of the program is contained in an appendix to this pamphlet.

            SUMMARY

            DISARMAMENT GOAL AND OBJECTIVES

            The over-all goal of the United States is a free, secure, and peaceful world of independent states adhering to common standards of justice and international conduct and subjecting the use of force to the rule of law; a world which has achieved general and complete disarmament under effective international control; and a world in which adjustment to change takes place in accordance with the principles of the United Nations.

            In order to make possible the achievement of that goal, the program sets forth the following specific objectives toward which nations should direct their efforts:

            The disbanding of all national armed forces and the prohibition of their reestablishment in any form whatsoever other than those required to preserve internal order and for contributions to a United Nations Peace Force;

            The elimination from national arsenals of all armaments, including all weapons of mass destruction and the means for their delivery, other than those required for a United Nations Peace Force and for maintaining internal order;

            The institution of effective means for the enforcement of international agreements, and for the maintenance of peace in accordance with the principles of the United Nations;

            The establishment and effective operation of an International Disarmament Organization within the framework of the United Nations to insure compliance at all times with all disarmament obligations.

            TASK OF NEGOTIATING STATES

            The negotiating states are called upon to develop the program into a detailed plan for general and complete disarmament and to continue their efforts without interruption until the whole program has been achieved. To this end, they are to seek the widest possible area of agreement at the earliest possible date. At the same time, and without prejudice to progress on the disarmament program, they are to seek agreement on those immediate measures that would contribute to the common security of nations and that could facilitate and form port of the total program.

            GOVERNING PRINCIPLES

            The program sets forth a series of general principles to guide the negotiating states in their work. These make clear that:

            As states relinquish their arms, the United Nations must be progressively strengthened in order to improve its capacity to assure international security and the peaceful settlement of disputes;

            Disarmament must proceed as rapidly as possible, until it is completed, in stages containing balanced, phased, and safeguarded measures;

            Each measure and stage should be carried out in an agreed period of time, with transition from one stage to the next to take place as soon as all measures in the preceding stage have been carried out and verified and as soon as necessary arrangements for verification of the next stage have been made;

            Inspection and verification must establish both that nations carry out scheduled limitations or reductions and that they do not retain armed forces and armaments in excess of those permitted at any stage of the disarmament process; and

            Disarmament must take place in a manner that will not affect adversely the security of any state.

            DISARMAMENT STAGES

            The program provides for progressive disarmament steps to take place in three stages and for the simultaneous strengthening of international institution.

            FIRST STAGE

            The first stage contains measures which would significantly reduce the capabilities of nations to wage aggressive war. Implementation of this stage would mean that:

            The nuclear threat would be reduced:

            All states would have adhered to a treaty effectively prohibiting the testing of nuclear weapons.

            The production of fissionable materials for use in weapons would be stopped and quantities of such materials from past production would be converted to non-weapons uses.

            States owning nuclear weapons would not relinquish control of such weapons to any nation not owning them and would not transmit to any such nation information or material necessary for their manufacture.

            States not owning nuclear weapons would not manufacture them or attempt to obtain control of such weapons belonging to other states.

            A Commission of Experts would be established to report on the feasibility and means for the verified reduction and eventual elimination of nuclear weapons stockpiles.

            Strategic delivery vehicles would be reduced:

            Strategic nuclear weapons delivery vehicles of specified categories and weapons designed to counter such vehicles would be reduced to agreed levels by equitable and balanced steps; their production would be discontinued or limited; their testing would be limited or halted.

            Arms and armed forces would be reduced:

            The armed forces of the United States and the Soviet Union would be limited to 2.1 million men each (with appropriate levels not exceeding that amount for other militarily significant states); levels of armaments would be correspondingly reduced and their production would be limited.

            An Experts Commission would be established to examine and report on the feasibility and means of accomplishing verifiable reduction and eventual elimination of all chemical, biological and radiological weapons.
            Peaceful use of outer space would be promoted:

            The placing in orbit or stationing in outer space of weapons of mass destruction would be prohibited.

            States would give advance notification of space vehicle and military launchings.
            U.N. peace-keeping powers would be strengthened:

            Measures would be taken to develop and strengthen United Nations arrangements for arbitration, for the development of international law, and for the establishment in Stage II of a permanent U.N. Peace Force.

            An International Disarmament Organization would be established for effective verification of the disarmament program:

            Its functions would be expanded progressively as disarmament proceeds.

            It would certify to all states that agreed reductions have taken place and that retained forces and armaments do not exceed permitted levels.

            It would determine the transition from one stage to the next.
            States would be committed to measures to reduce international tension and to protect against the chance of war by accident, miscalculation, or surprise attack:

            States would be committed to refrain from the threat or use of any type of armed force contrary to the principles of the U.N. Charter and to refrain from indirect aggression and subversion against any country.

            A U.N. peace observation group would be available to investigate any situation which might constitute a threat to or breach of the peace.

            States would be committed to give advance notice of major military movements which might cause alarm, observation posts would be established to report on concentrations and movements of military forces.

            SECOND STAGE

            The second stage contains a series of measures which would bring within sight a world in which there would be freedom from war. Implementation of all measures in the second stage would mean:

            Further substantial reductions in the armed forces, armaments, and military establishments of states, including strategic nuclear weapons delivery vehicles and countering weapons;

            Further development of methods for the peaceful settlement of disputes under the United Nations;

            Establishment of a permanent international peace force within the United Nations;

            Depending on the findings of an Experts Commission, a halt in the production of chemical, bacteriological, and radiological weapons and a reduction of existing stocks or their conversion to peaceful uses;

            On the basis of the findings of an Experts Commission, a reduction of stocks of nuclear weapons;

            The dismantling or the conversion to peaceful uses of certain military bases and facilities wherever located; and

            The strengthening and enlargement of the International Disarmament Organization to enable it to verify the steps taken in Stage II and to determine the transition to Stage III.

            THIRD STAGE

            During the third stage of the program, the states of the world, building on the experience and confidence gained in successfully implementing the measures of the first two stages, would take final steps toward the goal of a world in which:

            States would retain only those forces, non-nuclear armaments, and establishments required for the purpose of maintaining internal order; they would also support and provide agreed manpower for a U.N. Peace Force.

            The U.N. Peace Force, equipped with agreed types and quantities of armaments, would be fully functioning.

            The peace keeping capabilities of the United nations would be sufficiently strong and the obligations of all states under such arrangements sufficiently far-reaching as to assure peace and the just settlement of differences in a disarmed world.

            APPENDIX

            DECLARATION ON DISARMAMENT

            THE UNITED STATES PROGRAM FOR GENERAL AND COMPLETE DISARMAMENT IN A PEACEFUL WORLD

            The nations of the world,

            Conscious of the crisis in human history produced by the revolutionary development of modern weapons within a world divided by serious ideological differences;

            Determined to save present and succeeding generations from the scourge of war and the dangers and burdens of the arms race and to create conditions in which all peoples can strive freely and peacefully to fulfill their basic aspirations;

            Declare their goal to be: A free, secure, and peaceful world of independent states adhering to common standards of justice and international conduct and subjecting the use of force to the rule of law; a world where adjustment to change takes place in accordance with the principles of the United Nations; a world where there shall be a permanent state of general and complete disarmament under effective international control and where the resources of nations shall be devoted of man’s material, cultural, and spiritual advance;
            Set forth as the objectives of a program of general and complete disarmament in a peaceful world:

            (a) The disbanding of all national armed forces and the prohibition of their reestablishment in any form whatsoever other than those required of preserve internal order and for contributions to a United Nations Peace Force;

            (b) the elimination from national arsenals of all armaments, including all weapons of mass destruction and the means for their delivery, other than those required for a United Nations Peace Force and for maintaining internal order;

            Nations to ensure compliance at all times with all disarmament obligations;

            (d) The institution of effective means for the enforcement of international agreements, for the settlement of disputes, and for the maintenance of peace in accordance with the principles of the United Nations.
            Call on the negotiating states:

            (a) To develop the outline program set forth below into an agreed plan for general and complete disarmament and to continue their efforts without interruption until the whole program has been achieved;

            (b) To this end to seek to attain the widest possible area of agreement at the earliest possible date;

            (c) Also to seek – without prejudice to progress on the disarmament program – agreement on those immediate measures that would contribute to the common security of nations and that could facilitate and form a part of that program.
            Affirm that disarmament negotiations should be guided by the following principles:

            (a) Disarmament shall take place as rapidly as possible until it is completed in stages containing balanced, phased and safe-guarded measures, with each measure and stage to be carried out in an agreed period of time.

            (b) Compliance with all disarmament obligations shall be effectively verified from their entry into force. Verification arrangements shall be instituted progressively and in such a manner as to verify not only that agreed limitations or reductions take place but also that retained armed forces and armaments do not exceed agreed levels at any stage.

            (c) Disarmament shall take place in a manner that will not affect adversely thesecurity of any state, whether or not a party to an international agreement or treaty.

            (d) As stated relinquish their arms, the United Nations shall be progressively strengthened in order to improve its capacity to assure international security and the peaceful settlement of differences as will as to facilitate the development of international cooperation an common tasks for the benefit of mankind.

            (e) Transition from one stage of disarmament to the next shall take place as soon as all the measures in the preceding stage have been carried out and effective verification is continuing and as soon as the arrangements that have been agreed to be necessary for the next stage have been instituted.
            Agree upon the following outline program for achieving general and complete disarmament:

            STAGE I

            A. To Establish an International Disarmament Organization:

            (a) An International Disarmament Organization (IDO) shall be established within the framework of the United Nations upon entry into force of the agreement. Its functions shall be expanded progressively as required for the effective verification of the disarmament program.

            (b) The IDO shall have: (1) a General Conference of all the parties; (2) a Commission consisting of representatives of all the major powers as permanent members as permanent members and certain other states on a rotating basis; and (3) an Administrator who will administer the Organization subject to the direction of the Commission and who will have the authority, staff, and finances adequate to assure effective impartial implementation of the functions of the Organization.

            (c) The IDO shall: (1) ensure compliance with the obligations undertaken by verifying the execution of measures agreed upon; (2) assist the states in developing the details of agreed further verification and disarmament measures; (3) provide for the establishment of such bodies as may be necessary for working out the details of further measures provided for in the program and for such other expert study groups as may be required to give continuous study to the problems of disarmament; (4) receive reports on the progress of disarmament and verification arrangements and determine the transition from one stage to the next.

            B. To Reduce Armed Forces and Armaments:

            (a) Force levels shall be limited to 2.1 million each for the U.S. and U.S.S.R. and to appropriate levels not exceeding 2.1 million each for all other militarily significant states. Reductions to the agreed levels will proceed by equitable, proportionate, and verified steps.

            (b) Levels of armaments of prescribed types shall be reduced by equitable and balanced steps. The reductions shall be accomplished by transfers of armaments to depots supervised by the IDO. When, at specified periods during the Stage I reduction process, the states party to the agreement have agreed that the armaments and armed forces are at prescribed levels, the armaments in depots shall be destroyed or converted to peaceful uses.

            (c) The production of agreed types of armaments shall be limited.

            (d) A Chemical, Biological, Radiological (CBR) Experts Commission shall be established within the IDO for the purpose of examining and reporting on the feasibility and means for accomplishing the verifiable reduction and eventual elimination of CBR weapons stockpiles and the halting of their production.
            C. To Contain and Reduce the Nuclear Threat:

            (a) States that have not acceded to a treaty effectively prohibiting the testing of nuclear weapons shall do so.

            (b) The production of fissionable materials for use in weapons shall be stopped.

            (c) Upon the cessation of production of fissionable materials for use in weapons, agreed initial quantities of fissionable materials from past production shall be transferred to non-weapons purposes.

            (d) Any fissionable materials transferred between countries for peaceful uses of nuclear energy shall be subject to appropriate safeguards to be developed in agreement with the IAEA.

            (e) States owning nuclear weapons shall not relinquish control of such weapons to any nation not owning them and shall not transmit to any such nation information or material necessary for their manufacture. States not owning nuclear weapons shall not manufacture such weapons, attempt to obtain control of such weapons belonging to other states, or seek or receive information or materials necessary for their manufacture.

            (f) A Nuclear Experts Commission consisting of representatives of the nuclear states shall be established within the IDO for the purpose of examining and reporting on the feasibility and means for accomplishing the verified reduction and eventual elimination of nuclear weapons stockpiles.
            D. To Reduce Strategic Nuclear Weapons Delivery Vehicles:

            (a) Strategic nuclear weapons delivery vehicles in specified categories and agreed types of weapons designed to counter such vehicles shall be reduced to agreed levels by equitable and balanced steps. The reduction shall be accomplished in each step by transfer to depots supervised by the IDO of vehicles that are in excess of levels agreed upon for each step. At specified periods during the Stage I reduction process, the vehicles that have been placed under supervision of the IDO shall be destroyed or converted to peaceful uses.

            (b) Production of agreed categories of strategic nuclear weapons delivery vehicles and agreed types of weapons designed to counter such vehicles shall be discontinued or limited.

            (c) Testing of agreed categories of strategic nuclear weapons delivery vehicles and agreed types of weapons designed to counter such vehicles shall be limited or halted.
            E. To Promote the Peaceful Use of Outer Space:

            (a) The placing into orbit or stationing in outer space of weapons capable of producing mass destruction shall be prohibited.

            (b) States shall give advance notification to participating states and to the IDO of launchings of space vehicles and missiles, together with the track of the vehicle. F. To reduce the Risks of War by Accident, Miscalculation, and Surprise Attack: (a) States shall give advance notification to the participating states and to the IDO of major military movements and maneuvers, on a scale as may be agreed, which might give rise to misinterpretation or cause alarm and induce countermeasures. The notification shall include the geographic areas to be used and the nature, scale and time span of the event.

            (b) There shall be established observation posts at such locations as major ports, railway centers, motor highways, and air bases to report on concentrations and movements of military forces.

            (c) There shall also be established such additional inspection arrangements to reduce the danger of surprise attack as may be agreed.

            (d) An international commission shall be established immediately within the IDO to examine and make recommendations of the possibility of further measures to reduce the risks of nuclear war by accident, miscalculation, or failure of communication.

            G. To Keep the Peace:

            (a) States shall reaffirm their obligations under the U.N. Charter to refrain from the threat or use of any type of armed force – including nuclear, conventional, or CBR – contrary to the principles of the U.N. Charter.

            (b) States shall agree to refrain from indirect aggression and subversion against any country.

            (c) States shall use all appropriate processes for the peaceful settlement of disputes and shall seek within the United Nations further arrangements for the peaceful settlement of international disputes and for the codification and progressive development of international law.

            (d) States shall develop arrangements in Stage I for the establishment in Stage II of a U.N. Peace Force.

            (e) A U.N. peace observation group shall be staffed with a standing cadre of observers who could be despatched to investigate any situation which might constitute a threat to or breach of the peace.

            STAGE II

            A. International Disarmament Organization:

            The powers and responsibilities of the IDO shall be progressively enlarged in order to give it the capabilities to verify the measures undertaken in Stage II.
            B. To Further Reduce Armed Forces and Armaments:

            (a) Levels of forces for the U.S., U.S.S.R., and other militarily significant states shall be further reduced by substantial amounts to agreed levels in equitable and balanced steps.

            (b) Levels of armaments of prescribed types shall be further reduced by equitable and balanced steps. The reduction shall be accomplished by transfers of armaments to depots supervised by the IDO. When, at specified periods during the Stage II reduction process, the parties have agreed that the armaments and armed forces are at prescribed levels, the armaments in depots shall be destroyed or converted to peaceful uses.

            (c) There shall be further agreed restrictions on the production of armaments.

            (d) Agreed military bases and facilities wherever they are located shall be dismantled or converted to peaceful uses.

            (e) Depending upon the findings of the Experts Commission on CBR weapons, the production of CBR weapons shall be halted, existing stocks progressively reduced, and the resulting excess quantities destroyed or converted to peaceful uses.

            C. To Further Reduce the Nuclear Threat:

            Stocks of nuclear weapons shall be progressively reduced to the minimum levels which can be agreed upon as a result of the findings of the nuclear Experts Commission; the resulting excess of fissionable material shall be transferred to peaceful purposes.

            D. To Further Reduce Strategic Nuclear Weapons Delivery Vehicles:

            Further reductions in the stocks of strategic nuclear weapons delivery vehicles and agreed types of weapons designed to counter such vehicles shall be carried out in accordance with the procedure outlined in Stage I.
            E. To Keep the Peace:

            During Stage II, states shall develop further the peace-keeping processes of the united Nations, to the end that the United Nations can effectively in Stage III deter or suppress any threat or use of force in violation of the purposes and principles of the united Nations:

            (a) States shall agree upon strengthening the structure, authority, and operation of the united Nations so as to assure that the United Nations will be able effectively to protect states against threats to or breaches of the peace.

            (b) The U.N. Peace Force shall be established and progressively strengthened.

            (c) States shall also agree upon further improvements and developments in rules of international conduct and in processes for peaceful settlement of disputes and differences.
            STAGE III

            By the time Stage II has been completed, the confidence produced through a verified disarmament program, the acceptance of rules of peaceful international behavior, and the development of strengthened international peace-keeping processes within the framework of the U.N. should have reached a point where the states of the world can move forward to Stage III. In Stage III progressive controlled disarmament and continuously developing principles and procedures of international law would proceed to a point where no state would have the military power to challenge the progressively strengthened U.N. Peace Force (emphasis added) and all international disputes would be settled according to the agreed principles of international conduct.
            The progressive steps to be taken during the final phase of the disarmament program would be directed toward the attainment of a world in which:

            (a) States would retain only those forces, non-nuclear armaments, and establishments required for the purpose of maintaining internal order; they would also support and provide agreed manpower for a U.N. Peace Force.

            (b) The U.N. Peace Force, equipped with agreed types and quantities of armaments, would be fully functioning.

            (c) The manufacture of armaments would be prohibited except for those of agreed types and quantities to be used by the U.N. Peace Force and those required to maintain internal order. All other armaments would be destroyed or converted to peaceful purposes.

            (d) The peace-keeping capabilities of the United Nations would be sufficiently strong and the obligations of all states under such arrangements sufficiently far-reaching as to assure peace and the just settlement of differences in a disarmed world.

          • NorthernCanuck

            Well-researched many years ago, right on the money, and now hard to find:

            “Globalist Plan to Disarm America:

            PL87-297 Arms Control and Disarmament Act /
            State Department Publication No.7277

            by Bernadine Smith

            If someday your children or grandchildren ask you how Liberty died in America and what happened that caused the demise of the Nation, read this and you will be able to answer them.

            If they ask you why the Citizens have been disarmed, you’ll know. If you want to know why, go to your local library, no matter where you live in the United States. Tell the librarian to show you where the ‘United States Code books’ are shelved. There are 25 books in the set. They are reddish-brown in color. They are printed by the Government Printing Office in Washington, DC. These hard-covered books are printed every 8-10 years. They are updated with annual soft-back supplements each year until a new hard cover issue comes out. At the present time, the 1988 hardbacks are on library shelves.

            OPEN VOLUME 9. The page numbers are in the center near the middle binding. The section numbers are along the edges.

            TURN TO PAGE 651. Here you will find Public Law 87-297 which calls for the United States to eliminate its armed forces. This law was signed for the United States in 1961. John F. Kennedy signed it and every president since has worked to enact its provisions. The government knows you will not approve which is why they want to take away your firearms. (This is Title 22 USC section 2551)

            TURN TO PAGE 652. Here you will find the definition of what the government means by “disarmament.” The disarmament calls for the elimination of our armed forces. It also calls for the elimination of weapons of all kinds.

            (This is Title 22 USC 2552 (a).

            TURN TO PAGE 654. Here you will find it stated as item (a) “control, reduction and elimination of armed forces…” and as Item (d)” …Elimination of armed forces….” What you need to know is that your armed forces are being eliminated and relinquished from national control which, in turn, wipes out our sovereignty as a nation. In two stages, we will have no more army, no more navy, no more air force. In the third stage, we shall have a “zero” military. Before Stage I closes, all citizen owned guns are to be banned.

            (This is Title 22 USC Section 2571 (a).

            Public Law 87-297 is further explained in the State Department Document called Publication 7277. Your librarian can also furnish you a copy. Also ask the librarian to get you a copy of “The Blue Print for the Peace Race.” It is a 35-page booklet printed by the United States Arms Control and Disarmament Agency as Publication No. 4 – General Series 3 – Released May of 1962. Publication No. 4 is the unabridged version of State Department Document 7277.

            Both of these booklets explain how our military is to be reduced to 2.1 million men. China and the Soviets are to be reduced to that level also. At this point, we are at Stage I at which time we are to transfer (on a permanent basis) one-half of our armed forces to be merged with the Russian and Chinese armies. In Stage II, the remaining one-half of our armed forces is then turned over to this same Security Council of the United Nations. The person in charge of the merged armies must, by agreement, always be a Russian. The world’s smaller nations turn 100% of their armies over to the same under-secretary of the Security, Council in Stage II. President George Bush and Admiral Wm. J. Crowe [have referred] to this process as being “in transition.”

            TURN TO PAGE 655. On this page in Volume 9 of the United States Code, read “Policy Formation.” The directives there (written in 1963 to pacify objectors) are supposedly to restrain anyone from disarmament, reducing or limiting our armaments, or taking guns away from the people unless it is pursuant to the treaty-making power of the president, or if it is authorized by further legislation by the Congress. (This is title 22, Section 2573.)

            Every couple of years the House of Representatives votes to appropriate funds for this on-going program. Since P.L. 87-297 was first passed into law in 961, there have been 18 updates to it – all bad – with no deletions of these issues I lay before you now. The Congress knows that the plan includes the policing of the United States by foreign troops. (The world army they are forming in Europe.) The Congress is allowing our military bases to be closed down, except for those that will be used by the world army. You will find that plan in Publication 7277 and in “The Blueprint for the Peace Race.”

            If the president and Congress can promote a “Constitutional Convention” you will find yourself with two new constitutions (communist in structure) which in one states in Article VIII, Section 12: “No person shall bear arms or possess lethal weapons except the police and members of the armed forces….”

            The Congress has praised these documents and is on record in Senate hearings seeking ways to install these constitutions. Ask your librarian for “Revision of the United Nations Charter – Hearings Before a Subcommittee (Foreign Relations) Feb. 2-20, 1950 U.S.Government Printing Office.” Nothing has changed since. They are still viable. The ultimate goal to be reached in Stage III of the disarmament process is to “proceed to a point where no state [nation] would have the military power to challenge the progressively strengthened U.N. Peace Force….”

            Anyone who doubts the truthfulness of what has been presented here is free to go to the library and go through the steps which have been outlined above. While you are at it, look up Public Law 101-216.”

  • trebor ozal

    It was a good try by Ron. We all know it would never become law. But what he has done is opened many peoples eyes over the years. For that I give him thanks.

  • TooLittleTooLate

    The Fed is a mechanism by which the fiat currency that is the dollar ( for now ) can be manipulated, stolen, debased, loaned and created out of thin air.

    They don’t account to anyone but other thieves. Congress gave them this power illegally.

    They have tripled the money supply since our last crisis that they were a major part in creating by keeping the interest rate near zero. They can’t raise the interest rate where it needs to be currently because the country wouldn’t be able to pay interest on financing govt. anymore.

    I’d like to see folks like those at the Fed get what they truly deserve at the end of a bunch of pitchforks and pointed sticks running from an angry mob.

    I’m not advocating for that but, that’s what they deserve.

    Folks like Pelosi and Frank call folks that are well informed about this terrorists, nazis, tea baggers etc….. I’d say THEY are the terrorists…. As usual, when folks like this name call, it is because THEY are doing exactly what they are accusing their opponents of.

    It becomes REALLY hard to watch as they destroy what is left of our country.

  • NorthernCanuck

    “In any event, people should take this as an opportunity to confront Barack Obama about the Audit the Fed bill wherever he goes.” – Careful, Michael! Ceasar Obama has already criminalized such questions:

    Obama’s Executive Order – Free Speech/Protesting Is Now A Felony Punishable By Jail
    “…Last week, President Obama signed into law the Federal Restricted Buildings and Grounds Improvement Act of 2011. This law permits Secret Service agents to designate any place they wish as a place where free speech, association and petition of the government are prohibited. And it permits the Secret Service to make these determinations based on the content of speech.

    Thus, federal agents whose work is to protect public officials and their friends may prohibit the speech and the gatherings of folks who disagree with those officials or permit the speech and the gatherings of those who would praise them, even though the First Amendment condemns content-based speech discrimination by the government. The new law also provides that anyone who gathers in a “restricted” area may be prosecuted. And because the statute does not require the government to prove intent, a person accidentally in a restricted area can be charged and prosecuted, as well.

    Permitting people to express publicly their opinions to the president only at a time and in a place and manner such that he cannot hear them violates the First Amendment because it guarantees the right to useful speech; and unheard political speech is politically useless. The same may be said of the rights to associate and to petition. If peaceful public assembly and public expression of political demands on the government can be restricted to places where government officials cannot be confronted, then those rights, too, have been neutered…”
    http://kipper1969.wordpress.com/2012/04/18/obamas-executive-order-free-speechprotesting-is-now-a-felony-punishable-by-jail/

    I’m starting to think, sad to say, that with all his faults and those of his ministers, Americans might have been better off keeping King George III. He just wanted to tax your tea, but his US governmental successors seem to want to OWN you, mind, body and soul. I never thought I’d see the day when so many Americans are afraid as there are now. Fear paralyses. Paul Revere wouldn’t even have bothered mounting his horse if Americans had been like this back then!

  • Karol

    I am not sure how The Fed works, it’s a mystery, like a Latin mass in the catholic church. During the Clinton administration 2 potential appointees were vetoed by the banking sector, and another nominated by the Obama administration never made it to the the Senate Banking Committee. None of these appointees made it because they were critical thinkers. Although Bernanke wrote about the virtue of transparency, when asked by the media for information under the Freedom of information act, he refused to disclose anything. The Fed was sued and lost. They still refused to disclose the info and appealed to the appellate court and lost again. They would have gone to the supreme court, but the White House told them to obey the law that applied to all government agencies, and eventually they gave out the info. The Fed is basically run by Wall Street. Banks go to the Discount Window and gets millions interest free. Not only did the American taxpayer bailout US banks, but foreign banks, as well. Imagine that, our tax dollars are bailing out European banks…what a betrayal to the American people.
    I read about this in, The Price of Inequality, by Stiglitz. It is a great book. I highly recommend it.

    PS. Dear Fedup, I was married and divorced, my ex is a deadbeat who won’t help me.

    Dear Dani, I consider myself very lucky, and happy, cause I still have a home. So it’s ok. Things will get better.

  • Saq

    If they did audit the FED wouldn’t the bring down the house of cards even faster? Don’t get me wrong. I know it needs to get done….. but when?

  • http://Survive2balive.com GA

    To assume that the Fed is a fourth branch of government is ludicrous. That would mean they would be subject to the check and balance system…oh wait, never mind.

    This is treason.

  • LadyLiberty

    The left is more interested in saving the bankers and their power then saving America.

    KEEP THIS IN MIND

    “Opposition in Congress came chiefly from Democrats who said they doubt the bill ever becomes law — but worried about sending a signal to financial markets that lawmakers want to intervene in financial affairs.

    http://www.washingtontimes.com/news/2012/jul/25/house-passes-ron-pauls-audit-fed-bill/

    Sadly this will never pass the Senate and now you know who the culprits are! Not only are they beholden to the banks but they want the Fed to help obama

    Democrats warn Rep. Paul’s ‘audit the Fed’ bill will politicize monetary policy

    http://thehill.com/blogs/floor-action/house/239821-dems-warn-pauls-audit-the-fed-bill-will-politicize-monetary-policy

    Schumer Pushes Fed Toward QE3, Tells Bernanke ‘Get To Work Mr. Chairman’

    http://www.forbes.com/sites/steveschaefer/2012/07/17/bernanke-to-hint-at-more-stimulus-gold-doesnt-think-so/

    • Gay Veteran

      sorry Lady, but BOTH parties are owned by Wall Street banksters

  • LadyLiberty

    p.s. Michael this is an excellent article written by Alan S. Blinder

    How Bernanke Can Get Banks Lending Again
    If the Fed reduces the reward for holding excess reserves, banks will have to find something else to do with their money, like making loans or putting it in the capital markets.

    snippet

    Fortunately, there is more the Fed can do. I have two out-of-the-box suggestions to make, one in today’s column and another in a companion piece soon.

    The simpler option is one I’ve been urging on the Fed for more than two years: Lower the interest rate paid on excess reserves. The basic idea is simple. If the Fed reduces the reward for holding excess reserves, banks will hold less of them—which means they will have to find something else to do with the money, such as lending it out or putting it in the capital markets.

    The Fed sees this as a radical change. But remember that it paid no interest on reserves before the 2008 crisis and, not surprisingly, banks held practically no excess reserves then. In early October of that year, Congress gave the Fed authority to pay interest on reserves, which it promptly started doing. When the Fed trimmed the federal funds rate to its current 0-25 basis-point range in December 2008, it also lowered the interest rate on reserves to 25 basis points, where it has been ever since.

    My suggestion is to push it lower in two stages. First, test the waters by cutting the interest on excess reserves (in Fedspeak, the “IOER”) to zero. Then, if nothing goes wrong, drop it to, say, minus-25 basis points—that is, charge banks a fee for holding their money at the Fed. Doing so would provide a powerful incentive for banks to disgorge some of their idle reserves.

    and

    The Fed’s hostility toward lowering the interest on excess reserves is almost self-contradictory. When Mr. Bernanke lists the weapons the Fed plans to use when the time comes to tighten monetary policy, he always gives raising the IOER a prominent role. His reasoning is straightforward and sound: If the Fed makes holding reserves more attractive, banks will hold more of them. Why doesn’t the same reasoning apply in the other direction?

    But suppose it doesn’t work. Suppose the Fed cuts the IOER from 25 basis points to minus 25 basis points, and banks don’t lend one penny more. In that case, the Fed stops paying banks almost $4 billion a year in interest and, instead, starts collecting roughly equal fees from banks. That would be almost an $8 billion swing from banks to taxpayers. There are worse things.

    in full
    http://online.wsj.com/article/SB10000872396390444873204577537212738938798.html?mod=googlenews_wsj

  • i’vegivenup

    I would present them with these quotes from our forefathers then dare them to call some of our greatest leaders liars:

    If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.

    George Washington

    I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

    Thomas Jefferson

    It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars.

    Thomas Jefferson

    The central Bank is an institution of the most deadly hostility existing against the principles of our constitution.

    Thomas Jefferson

    Paper is poverty,…it is only the ghost of money and not money itself.

    Thomas Jefferson

    History records that the money changers [(bankers)] have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.

    James Madison

    The refusal of King George III to allow the colonies to operate an honest money system. Which freed the ordinary man from the clutches of the money manipulations was probably the prime cause of the revolution.

    Ben Franklin

    All the perplexities, confusion and distresses in America arise not from defects in the Constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation.

    John Adams

    You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.

    Andrew Jackson

    The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern Army in front of me, and the financial institutions in the rear. Of the two, the one at my rear is my greatest foe.

    Abraham Lincoln

    I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.

    Abraham Lincoln

    The government should create, issue, and circulate all the currency. Creating and issuing money is the supreme prerogative of government and its greatest creative opportunity. Adopting these principles will save the taxpayers immense sums of interest and money will cease to be the master and become the servant of humanity.

    Abraham Lincoln

    Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

    James Garfield

    I am the most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.

    Woodrow Wilson

  • tim

    How about a bill just to audit the gold in Fort Knox. How could any senator refuse something as simple as that.

  • Barn cat

    Can you imagine all the political bribes that could’ve went through the Fed? What if you’re a senator and you’re against Obamacare? How about a hundred million dollars in a bank account in the Cayman Islands?

  • robert gardener

    The Senate is made up of a bunch of filthy rich and corrupt *******************.

    Lets arrest them, then as Gerald Celente says, “***********************”

  • Pastor Glenn

    I don’t vote “party” I vote “values” which agree with mine.

    With almost no exceptions the only group of people who agree with my values (and possibly yours) are those who stand 180 degrees to the opposition with the majority of both Republicans (sad to say since they make so much noise about supporting my values and don’t, as a rule) and Democrats (which largely oppose my values in their actions and words). Hence, I’ve been voting Constitution Party (or Libertarian Party as a 2nd choice, depending upon the qualities and qualifications of their candidates). In Michigan, of course, the Constitution Party is known as the US Taxpayer Party. Just something to think about.

    Wasn’t it Albert Einstein who said “Insanity is doing the same thing time after time and expecting a different result”?

    Well, this applies to selecting and electing those people who are supposed to be servant-leaders on our behalf, in a Free Republic.

    Instead, as a nation, we’ve become what we fought in WWII.

    Mussolini said something to the effect that the definition of Fascism was the merger of corporate and political interests (unspoken portion: to the exclusion of the interests of the people).

    For those of you whose values are opposed to mine; I have something to say to you.

    Take a good, realistic look around you. Is THIS what you want for your life, the life of your children and your grandchildren, once born? Really, truly?

    Pastor Glenn

  • http://www.infowars.com Don’t EDIT OUT MY COMMENT (AGAIN!)

    Audit the Fed Passes the House! 327(Y)-98(N)
    http://www.campaignforliberty.org/profile/7788/blog/2012/07/25/audit-fed-passes-0

    THIS FIGHT ISN’T OVER YET, FOLKS! MOMENTUM. WE HAVE IT NOW. LET’S USE IT, TO THE FULLEST EXTENT!

    CONTACT Sen. Harry Reid on H.R. 459′s Passage (327-98) – TODAY!

    I did! Here is the text of my message:

    “I was just informed, that the House voted, 327-98, on H.R. 459, & AUDIT THE ‘FED’ passed! I was also just informed, that ‘Sen. HARRY REID is refusing to put Audit the Fed up for a vote in the Senate.’ And, to ‘Please contact his office today and tell him to support AUDIT THE ‘FED’ and allow for a Senate vote!’

    327-98, Senator, is a CLEAR MAJORITY. THE PEOPLE have spoken. Question: Do you represent THE PEOPLE? You may wish to think about this question when it comes time for your re-election”

    CONTACT SEN. HARRY REID TODAY! LET’S FLOOD HIS EMAIL ON THIS ISSUE!
    (Feel free to Copy and Paste the message above, if you wish)
    http://www.reid.senate.gov/contact/index.cfm

  • frito

    well barrack just waves his magic wand and everyone will do as he wants them to..they are all afraid of him.

  • Bart

    The vote was 327 to 98. So there is conscience among of the democrat house congressmen. Hope that the some of Democrat Senators will do the same.

  • erheault

    We are in a depression now and the powers that be are trying their best to hold off untill Oslamma gets reelected, As far as the government ever admitting to a screwup it will never happen it is allways somebody elses fault, Watch what happens to Europe as we are next in line for a general collapse in our economy, Even Mother Nature is giving us the finger with a massive drought and looming food shortages.

  • davidmpark

    IF… the Fed is fully audited with interrogations of their staff and head people; I’m confident we’ll see our actual national, state, and local debts collectively in the quadrillions.

    Imagine what that news would do to the markets.

    That would explain a lot of the policies and laws on the books. They’re desperate to hold onto their perceptions of power.

  • Richard

    Yes, I have a question: why doesn’t Obama or the Senate want to pass this bill? (You don’t mention why in your article). I understand that Obama wants to do Bernanke a ‘favor’ but why would the Senate want to do Bernanke any favors? Wouldn’t they rather find out the truth about the Fed’s activities through a full audit? Why wouldn’t the Senate want that?

    • Chris

      When you put a ring in a Bulls nose, you can get his attention fast. If a Bank can get one in a Senators nose, he also will tow the line.

  • Zak

    What will happen if the Federal Reserve is dissolved? Will it help avoid the economic buubles?

  • Jerry

    Thank you “party of the little people.” Yeah right.

  • J.J.C

    Everyone grab your pitchforks and meet me at Harry Reid’s DC office!

  • Washington

    July 26, 2012 John Stossel busts commonly held myths. What you think you know may not be true?

    http://www.foxnews.com/on-air/fox-friends/index.html#/v/1755069542001/john-stossel-busts-commonly-held-myths/?playlist_id=86912

  • LordRhynn

    Not having very much luck coming up with reasons why any Senator standing on the floor in such opposition to financial transparency in the wake of the greatest and most far reaching financial mismanagement in the history of this country and this planet should wake up the first morning after their current term is over with a valid government parking pass.

  • ALICE

    The ECB just promised to save Europe whatever the cost…The FED will save the USA whatever the cost…FDIC insured markets…They choose who succeeds and fails…Maybe it’s better that way, maybe it isn’t…I don’t think so, but I’ve been wrong many times before, so I don’t even trust my opinion anymore..Che Sara, Sara. May God be with us..

  • Mattyboy

    I really hate to have to express myself in this manner, but Mr. Obama is a first class A-hole. The man just angers me to no end. I can’t even stand to listen and look at the guy as he is speaking. I have to not watch and pray. May be God is using Barack to help me pray more.

  • DeJure DeFacto

    All other life on earth lives and thrives with no money. Why can’t humans?

    • J.R.

      Check out the Venus Project

    • Jason

      because humans deal in commodities which cannot all be procured by any individual human, so we need a medium of exchange between humans in order for an individual or group to aquire said commodities from one another.

      duh.

  • ALICE

    Bad news? The market rises…Terrible news, the market rises…Armaggedon, the market rises, the moon will crash onto the earth tonight, the market rises…Better than Viagra…What is it? The ECB and the FED…They control the moon and the stars..I’d bet their sex lives are ego driven..

  • Joseph

    Michael,

    I am astounded this bill got this far, yet WHY DOES NO ONE EVER TALK ABOUT THIS?! Does this very notion of Lord Nathan Rothchild’s horrible creation not wreak havoc across the nation as a whole and people’s savings accounts or something, I cannot fathom anyone who honestly thinks we need this ridiculous and unaccountable privately-owned and operated central bank. I pray to GOD that this makes some ground in the senate and the idiots in power do not screw up this time…wishful thinking I know.

    God help us all and god bless Michael.

  • LuBo54

    There is a great injustice to the American people and lack of transparency from our own government and the Federal Reserve. Because both Democrats and Republicans cannot wash their dirty hands from the greed, lying, stealing of American taxpayers and have sold their souls to the Federal Reserve, lobbyists and special interest groups and foremost to God our Creator. May God have mercy on their souls. Our politicians are no longer “statesmen” such as were the likes of George Washington, Thomas Jefferson, and Samual Adams, but more accurately mafia style “thugs”. For the last 20+ years they have sold our country to almost any foreign country willing to fill their pockets with their idols of power and money. Today cnsnews.com has an article and video from 1995 when Harry Reid spoke before the Senate and said “I have sponsored legislation that would call for an audit of the Federal Reserve System. At what point in his life did he sell his soul to the devil and today he won’t even bring a vote to the Senate after a overwhelming majority voted Yes to audit in the House. Yet I feel the American people are just as much guilty in where our nation is today.

  • LuBo54

    cont. The American people need to take some of the responsibility for letting this happen to our country. Instead of the majority of rule we have allowed the left minority to take God out of our schools, our government (where our Founding Fathers established our nation under God so we could be a free people with liberty and the pursuit of happiness. We have had so much apathy and indifference only caring about what “we get out of it” rather than how can I serve my neighbor I pray that “we the people” bend our knees and ask God to forgive us and show us the “true way”. Pray that God will be our authority and give us guidance with our own family so we can become part of a strong, serving Nation, a light to the world of darkness.

    • Gay Veteran

      sorry but the Founding Fathers were also men of the Enlightenment, of the Age of Reason

  • markthetruth

    Read then thinks about it!!!!!!!!!!!!!!!!

    Current functions of the Federal Reserve System include:[12][44]

    To address the problem of banking panics
    To serve as the central bank for the United States
    To strike a balance between private interests of banks and the centralized responsibility of government
    To supervise and regulate banking institutions
    To protect the credit rights of consumers
    To manage the nation’s money supply through monetary policy to achieve the sometimes-conflicting goals of
    maximum employment
    stable prices, including prevention of either inflation or deflation[45]
    moderate long-term interest rates
    To maintain the stability of the financial system and contain systemic risk in financial markets
    To provide financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system
    To facilitate the exchange of payments among regions
    To respond to local liquidity needs
    To strengthen U.S. standing in the world economy

    If this where to be true on a national basis and with every bank and company in the us (and followed all functions) this would not work

    1. It would destroy competition.

    2. No company should ever go bankrupt.

    3. Prices should never change.

    4. Wage should never go up.

    5. Everyone would be working (Work not just a job)

    6. No need to for robots.

    7. No need for everything to constantly become faster, more efficient, more
    convenient.

    8. No need for fast food.

    9. on and on and on

    100.. So in the end This is not what happened , all of the opposite has happened and what did we gain . Nothing but stress,aggravation, less time for our family,broken society and the “1%”.

    Ron Paul is the Man!!!!!!!!!!!!!!

    the end.

  • none

    GOOD NEWS: Michael

    Airbus has started building a plant in North Carolina.
    They can hire a lot of the employees that Boeing was going to hire. After spending all that money training them.
    Now we can combine both styles of building aircraft helping out our europium alleys build a better aircraft.
    Also they are hiring our space program engineers and will be able to utilize our latest secret, state of the art aeronautical know how.

    As a side note, they will not use the abandoned Boeing aircraft assembly plant. Airbus will build their own. And provide an economic boom for local contractors.

  • Unite

    It’s up to we the people.. that’s it! It’s up to us.. citizens of the Earth. Free-minds of humanity.. It is up to those of us who have integrity & awareness.

  • Bill Goode

    What would happen if Mitt Romney made this a major campaign issue? Either a) Obama would consent to pass it thru the Senate & sign it or b) Obama’s chances of winning in November would plummet.

    So Romney could help out a lot here. He could force Obama to show his cards on this issue. Since Senator Rand Paul has endorsed Romney, Paul could make it a campaign issue for Romney. According to Paul, Romney has stated that he supports auditing the Fed. Let’s get Paul on the campaign trail saying Romney supports auditing the Fed and Obama will be be forced to show his cards on this issue.

    • Fed up

      Yes!
      Excellent idea.

  • SMASH THE CONTROL MACHINE

    WHAT TIME IS IT!!!Kill for gain, shoot to maim
    We don’t need a reason
    The Golden Goose is on the loose
    Never out of season

    Blackened pride burns inside
    Shell of bloody treason
    Here’s my gun for a barrel of fun
    For the love of living death

    The killer’s breed or the demon’s seed
    The glamor, the fortune, the pain
    Go to war again, blood is freedom’s stain
    Don’t you pray for my soul anymore

    2 minutes to midnight
    The hands that threaten doom
    2 minutes to midnight
    To kill the unborn in the womb

    The blind men shout, “Let the creatures out”
    Let’s show the unbelievers
    The napalm screams of human flames
    Of a prime time Belsen feast

    As the reasons for the carnage
    Cut their meat and lick the gravy
    We oil the jaws of the war machines
    And feed them with our babies

    The killer’s breed or the demon’s seed
    The glamor, the fortune, the pain
    Go to war again, blood is freedom’s stain
    Don’t you pray for my soul anymore

    2 minutes to midnight
    The hands that threaten doom
    2 minutes to midnight
    To kill the unborn in the womb

    Body bags and little rags
    Of children torn in two
    The jellied brains of those who remain
    Put the finger right on you

    As the madmen play on words
    And make us all dance to their song
    To the tune of starving millions
    To make a better kind of gun

    The killer’s breed or the demon’s seed
    The glamor, the fortune, the pain
    Go to war again, blood is freedom’s stain
    Don’t you pray for my soul anymore

    2 minutes to midnight
    The hands that threaten doom
    2 minutes to midnight
    To kill the unborn in the womb

    Midnight, all night
    Midnight is all night
    Midnight, all night
    Midnight is all night

    Midnight, all nighT

  • SMASH THE CONTROL MACHINE

    IRON MAIDEN KNEW!!!

  • http://EconomicCollapse Already Gone

    It is time to get hard! And remember all we have to do is take control of the senate then have this bill passed, who will be there to block it? Gay Barney?
    Harry reid and him can go **** themslves. I strongly believe a lot of people will not be able to take another four yrs or more of this shit.I will not hold my breath that they will vote this dictator out of office.This is why I pray every day for a total complete collapse of society, it is the only way to get out of this insane situation.We truly need to start over,no pain no gain.

    • John Smith

      “Gay Barney”- no gay bashing. It’s wrong. You’ll find out someday. Grow up.

  • Old Man

    Nobody can audit the Fed. Because it is a de facto sovereign organization.

    Can you audit the Roman Catholic Church? Of course not. The Pope made sure of that by making a deal with the devil – Mussolini in the 1930’s. Mussolini gave the RCC sovereign status in exchange for a free hand to implement a dictatorial fascist policy.

    How dare the American Congress passed a bill to audit the Fed, and make it accountable? Why if you do that the public will know the true secrets and know who are culpable for financial crimes!

    Obama, president of the USA, will veto it for sure. He would argue that since nobody can audit the Bank of China the same must goes for the Fed. Democracy has its limit you know.

  • TMurphy

    I’ve explained monetary theory and deposit expansion to groups of all sizes and ages, even for middle school children. What I say is all based on the Federal Reserve’s own publication, ‘Modern Money Mechanics’. After a short ten minute presentation, most people, including the children, respond the same way: “So you mean our money is fake?” If even children can understand this, you can understand why the Federal Reserve will never want to be audited, and why it must be done.

    • Snow White

      We don’t need to audit the fed at all. We just need to dissolve it. Unless you own it, there is no reason at all to have a private business control a country’s money supply. Never has been, never will.

  • davidmpark

    IF the Fed is thoroughly audited, then we need a complete audit and declaration of the US gold reserve in Fort Knox.

    These banks here and abroad rigged LIBOR, secretly accepted 15 trillion in loans from the Fed (the hub of the network), and not being responsible with their loan practices. Very sure the gold reserve has been lied about also.

    There is talk that the gold price is being suppressed. GATA, Gerald Celente, and some amateur gold miners I know are all saying that gold should higher that it is. One miner I work with, Ric, said he firmly believes gold should be up to $6000/troy oz.

    There’s also rumors of silver market manipulation. Check these examples:
    http://www.nypost.com/p/news/business/feds_probing_jpmorgan_trades_in_gZzMvWBqOJpB55M7Rh9vwM

    http://www.marketwatch.com/story/jp-morgan-hsbc-sued-for-silver-manipulation-2010-10-27

    So, is ANYTHING about this economy real anymore? Is our money worth the paper it’s printed on or the gold that MIGHT be there to cover it? Did we already collapse economically?!

  • Stuey

    The federal reserve will never be audited and anyone who stands up to them or any of the international bankers will end up dead like Lincoln, JFK and almost Jackson.

    • Snow White

      A posthumus slap in the face: Andrew Jackson on a FRN. He was insrtumental in killing the federal reserve of his day.

  • Isis2012

    No doubt such an audit will open one of the biggest ill gotten bags of wrong doings yet …

    And I’m sure a lot of today governing staff who knew the truth of well kept Fed secrets since they were infiltrated and taken over by the cabal, long before this current White House Staff were put in place …. are not pleased with this decisions …

    But just as mysteries of celestial Kingdoms are being revealed … so will every secret and hidden thing be made aware to celestial and earthen worlds … and all worlds within the heliosphere … ..
    17 For nothing is secret, that shall not be made manifest; neither any thing hid, that shall not be known and come abroad.

  • Cam

    You realize the most egregious acts of the FED occured in 2008 when your boy “W” was running the show, don’t you?

    • Michael

      When did I ever say that I supported George W. Bush or that I thought he was a good president?

      Michael

    • SMASH THE CONTROL MACHINE

      I DISLIKE BUSH AND SO DOES MOST OF THE WORLD!!!

  • http://N/A Charles

    It will never happen!!! The Bilderbergrs will see to it! It was them, in the first place, who made sure Obama became president! The Bilderbergers control the media, regardless whether or not a major news outlet is considered “liberal” or “conservative”. The political persuasions of the editorial boards of the major media outlets are just a delusional “front” for the public; so as to get the American People distracted with silly irrelevant debates on politics; while the Bilderbergers cleverly get the people “side-tracked” from observing their billion-dollar white-collar shenanigans around the world.

    Besides, the late president, John F. Kennedy, was assassinated by the Aristocracy of his day; just for one of several reasons dealing with taking away the “power” of the aristocracy itself; and with that being, with JFK planning — before his death — to totally eliminate the Federal Reserve altogether. If today, President Obama tried to do the same thing — i.e., disban the Federal Reserve, then rest to sure that the Bilderbergers would “destroy” him; either by having him defrocked from office (by some criminal frame-up), or by actually having him ***************. This is indeed the “Modus Operandi” of the American Aristocracy; and particularly, with the Bilderbers, or today’s Military-Industrial Complex.

    Therefore, only God Himself can really “save” our great country from total ruin by the Bilderbergers. The ultimate fate of our endangered country is truly in the hands of the Living God Himself. There’s no other “power” in the entire Universe that can “save” America from economic/political disaster from the devious onslaught of the Bilderbergers — except the Lord God Himself!!

    Therefore, let us pray fervently for the very “MERCY” of God; for Him to give us divine direction and wisdom that we all need; so as for Him to inform us as to “what” we need to do to “save” our country from economic ruin, and thus being taken completely “over” by the Bilderbergers themselves.

    • Kevin2

      Charles

      I think post JFK the power elite select presidential contenders that have an Achilles Heel that would be exposed if they crossed the line. GW Bush has a real wild youth and I think there was evidence somewhere that would destroy him if it came to light. With Obama it’s the location of his birth. Why would they promote someone with at least smoke in his past if not fire when they could just as easily get someone without the issue unless your going to hold it over his head when “the proper” course of action “needs” to be taken?

  • DavidB

    Interesting–watch what Harry Reid says about the Federal Reserve Audit in January 1995…and now the Senate won’t take up the bill?
     
    http://youtu.be/oXOsZ7Ad7dM

  • Washington
  • J

    JR. The Venus Project is for the year 2200 A.D. not 2012

    Congress needs to take back its power to coin and regulate the value of its own currency.

  • http://www.infowars.com Anon

    These financial scandals, and the ‘Fed’ won’t be going away anytime soon, UNLESS YOU GET UP OFF YOUR FAT, LAZY A**ES, and DO SOMETHING!

    HR 459 passed by an overwhelming majority in the House, by a vote of 327-98!
    Now, this bill (S.202) needs a vote in the Senate!

    CONTACT YOUR SENATORS HERE:

    AUDIT THE ‘FED’!
    http://www.auditthefed.com/?mode=actionpage

    End the Fed! Whether Congress Wants Us To or Not!
    http://www.lewrockwell.com/boldin/boldin22.1.html
    http://tenthamendmentcenter.com/2012/07/25/end-the-fed-whether-congress-wants-us-to-or-not/

  • free!
  • free!

    jail them all!…and the fed !

  • GaryToo

    I think you would find payments to all sorts of places and people if the fed was audited, often payments to both sides in a war as well.

  • Steve

    All of these comments are correct. The FED is not a government agency but a creation of the major banks in the country. Think of it as a Cartel for the banks. To truly find some answers to many of the questions possed here, you should read “The Creature from Jekly Island”. This book reveals how the FED was created and why. Who controls it (Banks) and how they have created bubble after bubble in our country to suck wealth from the American people to the Banks.

    Also, In 1913 both the FED and the Income Tax was instituted. The 16th amendment does not give the Federal Government the right to tax our income. In fact, it does the exact opposite. This amendment was never ratified by the States as required. One person declared it ratified and it became the law of the land. The income tax was put in place to suck trillions out of the American people’s pockets. No where in the constitution does it state that a person’s labor can be taxed. In fact, the constitution states a person’s labor is their own and not subject to taxation.

  • Pingback: Reporter Tells The Truth About Audit The Fed And The Creation Of The Federal Reserve - ALIPAC()

  • Wake up

    Invest in Silver and gold if possible. Long term food storage, guns and alot of amo. The big one is coming.

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