Ron Paul's "Audit the Fed" Will Get Hearing in House Committee

Audit the Fed Will Get Hearing in House Committee
September 9, 2009

Dear Friend of Liberty,
Your hard work in this historic movement to Audit the Fed continues to pay off!
Thanks to the thousands of Campaign for Liberty members who have tirelessly dedicated themselves to spreading the word, gathering petitions, and putting continuous pressure on Congress by calling, writing, and faxing, Congressman Ron Paul informed C4L today that House Financial Services Committee Chairman Barney Frank has officially agreed to hold hearings on HR 1207! The hearings are tentatively scheduled for Friday, September 25 at 9:00 am.
Your efforts have resulted in Washington's most secretive institution having to defend itself before the media, the American people, and now at a House hearing specifically focused on transparency.
This exciting victory is only one more achievement in a battle that we must see through until the end.
Contact your representative and senators and urge them to cosponsor HR 1207/S 604 if they have not yet done so. If they have already signed on, tell them it is imperative that Audit the Fed receive a standalone, up or down vote on its own merits. Full transparency in our nation's monetary system is too important to be a minor footnote in yet another massive Washington bill, and C4L will vigorously oppose any attempts to include HR 1207 in a regulatory reform package that increases the Fed's power over our economy and lives.
Less than a year ago, a thorough audit of the Federal Reserve wasn't on anyone's radar. Now, we have the support of seventy five percent of the American people, almost two thirds of the House of Representatives, nearly a quarter of the Senate, and an official hearing before the House Financial Services Committee!
There will be more exciting information to follow soon, but I wanted you to know right away. Now is the time to turn the heat up even more.
Together, we will finish this fight!

In Liberty,
John Tate
President
Campaign for Liberty

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Comment by Billy Jack on September 11, 2009 at 2:01pm: What I'd really like to know is who were the winners on the other side of the mortgage derivative trades. If all of the banks lost then someone won. We have been put on the hook for trillons of dollars to pay off the winners in the zero sum derivative trading,yet I haven't seen anyone bragging about their winnings. If AIG is still broke after covering their mortgage swaps, to whom did they pay out 185 billion dollars.

Comment by Billy Jack on September 11, 2009 at 1:57pm: I think it's great, but don't get your hopes up. If the audit is freely allowed by the Fed then I bet the books opened up are cooked. I will be more encouraged if the Fed attempts to block the audit through the courts.

Comment by Alastair Carnegie on September 10, 2009 at 8:10pm: G Edward Griffin - Creature From Jekyll Island,.... Griffin warns that this is how the Fed will win, "See they looked at our books, and we came out smelling of roses"....BUSINESS CONTINUES AS NORMAL...It does not matter who runs the Fed, Congressional oversight would not change the facts. The Federal Reserve System is a 'racket'. It's like asking to 'audit the books of a swindling counterfeit money, gangster operation.' These are crooks! and an audit makes these crooks look legitimate!... they are not!... and never have been. These people are drunk on power, and the only thing to do, is close the Fed down. PERMANENTLY!

Comment by Robert D on September 10, 2009 at 4:21pm: BTW everyone who has ever tried to audit the fed has turned up dead , lets start with lincoln after borrowing to the hilt from the banks to fund the war , he went around the banks and started printed printing congressional notes .... well he was publically executed, then another fellow[ president?] was put into an insane hospital where " he jumped from the third floor" then JFK gave a small speech about corruption in the goverment money supply and started printing congressional notes -- "public execution" then a senator/congressman who was calling for an audit suddenly had his plane blown out of the sky by the north koreans , ending the audit push ......... there may be more but this is all I can dig up out of my forgetfull brain ... if any of you can put names dates or anything else to this please do as this rat hole is deep

Comment by Robert D on September 10, 2009 at 4:09pm: lincoln brought the banks back after they had been thrown out of the country , geee I wonder how he won the election ; as prior he could not get elected to dog catcher!!! then FDR during the great depression basically -- put the country and yes its people into an equity line of credit ,,,,,like you would your home . an this is what the goverment writes checks off of, this is why there is a Federal system ie YOU are a federal citizen NOT a Unitied States Citizen "the united states is a corporation wholely owned by its goverment" 2nd page ADA rules they literally have us by the balls and the world bank or IMF is part of it as well 10 years ago when you went to buy a gun it actually said ;;;; have you ever given up your federal citizenship ? these / this "Bank" could at any time collapse the currency and leave us all without a way to buy food , now do you know why gardning , chicken raising , bee keeping , MRE's , and most any "self sufficient" type of thing is the highest in 40 years? 2 years ago you could not give away a chicken this year they cannot keep them in stock " ammo the new currency "

Comment by mountain19 on September 10, 2009 at 8:42am: so the fed. reserve reps. will confess to how the tax dollar goes towards the interest of the monies never on the principal for the stock market crash making us all collateral towards this loan for ever and ever?

Comment by Mike Florey on September 10, 2009 at 6:30am: Great news! Coincidentally, I'll be addressing a group of citizens that morning (the 25th), urging them to sign petitions supporting S604! The fact that HR1207 is in committee will really help validate the cause.

Comment by amdarvon on September 9, 2009 at 11:42pm: Don't forget that it won't end with an audit. Look at what happened with the 9/11 committee. The importance of this bill and a clean audit can not be stressed enough.

Comment by I811st on September 9, 2009 at 10:28pm: what's truly sad and in need of some transparency itself, is that 75% of the voting,taxpaying,citizens want transparency of the Fed,Yet under 66% of the "representatives", and less than 25% of the senate are corresponding to the desires of those who which they serve. or are SUPPOSED to serve.How did Russo put it?Accusing washington as ,"A government of the institutions for the institutions"? or somethin' like that. No wonder they want to take our guns!

Comment by 7R33SandR0P3S on September 9, 2009 at 10:06pm: The hearings are tentatively scheduled for Friday, September 25 at 9:00 am.
Will be recording this event.
Did NOT watch the Obummer Health Care Take Over speech 2nite, as I did not want to lose my dinner.