“Paper money eventually returns to its intrinsic value —- zero.” —Voltaire Texas patriots, lawmakers, and supporters of gold in Texas are unifying to repatriate gold from the US central bank, the federal reserve. With support of Texas Governor Rick Perry, the home of the Defender of Sound Money-Dr. Ron Paul- seeks to repatriate all Texan gold from the federal reserve & lawfully protect gold in Texas from seizure and illegal taxing. As Jim Rickards points out on “Squawk Box”, Texas HB 3505 [Legislation] to repatriate gold would also establish the only sovereign bullion depository of a state within the United States, and if passed, will likely motivate other states to follow in the same footsteps. As explained by Jim Rickards in the must watch clip, there are private and federal bullion depositories, but a sovereign state bullion depository is a meaningful statement, a statement to an obese government that the states and the free citizens living within the states are taking notice of the currency crisis that is being perpetuated by the federal reserve’s fiat dollar, artificial interest rate scheme, and trillion-dollar deficits. “When the federal government spends more each year than it collects in tax revenues, it has three choices: It [...]
end the fed
2013 Audit The Federal Reserve Bill Introduced by Rand Paul
“With our nation now over $16.4 TRILLION in debt, it’s never been more important the Federal Reserve’s abuses are exposed to the American people once and for all.” -Senator Rand Paul, via Campaign for Liberty The Audit The Federal Reserve Bill is back in Congress, through none other than former Representative Ron Paul’s son, Senator Rand Paul. Formally S. 202 in the Senate, Senator Rand Paul’s S. 209 Audit The Federal Reserve Bill will likely see massive support within the house where it currently has 100+ co-sponsors, and face its real battle with Harry Reid and the Senate, where current co-sponsors number at 19. Last year, Rep. Ron Paul, author of bestseller and informative “End The Fed“, managed to finally pass the Audit The Fed bill in the house by a vote of 327-98, only to be denied a discussion, a vote, or even a mention in the senate by tyrant-in-chief of the senate, Harry Reid. Harry Reid exercised “his power” to block legislation from any discussion or vote on the Senate floor with just his word necessary. Harry Reid’s vague explanation for delaying audit the fed was that he’d have to talk to fed chairman and chief printer, Ben Bernanke, before [...]
Ron Paul’s Legacy, Audit The Fed Has House Majority And July Vote
UPDATE: AUGUST 26, 2012, RON PAUL We Are The Future Rally, Tampa, Florida, RAND PAUL Announces Audit The Federal Reserve, which passed in House, has 31 CoSponsors in Senate. KEEP CALLING AND IT WILL COME TO A VOTE. (RAND/RON PAUL SPEECH AT RALLY) UPDATE: LIVE STREAM AUDIT THE FED VOTE, Now estimated 2PM Eastern UPDATE: Campaign For Liberty has just reported that AUDIT THE FED VOTE may be moved to Wednesday, July 24, 2012, BUT, DEBATE WILL BEGIN TOMORROW. Reasons unknown, possibly to harm momentum behind Audit the Fed (personal opinion). UPDATE: Federal DEBT Increases by 1 TRILLION FIFTH YEAR IN A ROW UPDATE: Federal Reserve considering MORE PUMPING UPDATE: AUDIT THE FED BILL HAS 274 Co-Sponsors, KEEP IT UP! CONTACT CONGRESS: CONGRESSIONAL DIRECTORY UPDATE: Ron Paul’s Audit the Fed Bill Will be Voted upon on Tuesday, July 24th! UPDATE: Ron Paul’s Audit The Fed May be Included in National GOP Platform, possibly what discussion between Rand Paul and Mitt Romney was over UPDATE: Campaign for Liberty is holding an AUDIT THE FED MONEYBOMB. You can help out HERE. Congressman Ron Paul’s Federal Reserve Transparency Act, HR 459, has been given a July vote and currently has a House Majority in [...]
The Federal Reserve & Congress May be Preparing a NEW Bailout
Section 13-3 of the Federal Reserve Act delivers the Authority to the Federal Reserve to use taxpayer’s salaries to bailout private companies and governmental organizations who the Independent-From-Government Federal Reserve deems necessary and “too big to fail”, but it must have 5 of its board of governors approve any action of this caliber. The language within the Federal Reserve Act is much more eloquent and deceiving, but that is not the point here. The point is that recently released information is hinting that a new bailout may be in the works, although the 5 members requirement for a bailout may face some trouble, along with some problems in the Senate. “In March, the Senate Banking Committee voted out President Obama’s latest nominations to the Board of Governors of the Federal Reserve System, Jeremy Stein and Jerome Powell” [Source] Currently, this leaves 2 of the positions on the Board of Governors of the Federal Reserve awaiting affirmed nominees, while another position, held by Elizabeth A. Duke, has already expired on January 31st, although she still holds the position. Why she is still illegally holding the position is beyond me, possible awaiting the 2 vacant positions to get filled so that they may pass a bailout without [...]
