Congressional auditors would have broad power to examine the Fed's operations under the legislation first introduced 26 years ago by Rep. Ron Paul. Two-thirds of the House now backs it.
Ron Paul's bill, launched in 1983, got nationwide exposure when he ran for the 2008 Republican presidential nomination.
The congressman took the stage with Michele Bachmann to preach the evils of the Fed -- and of big government in general.
Rep. Michele Bachmann, rear, joined former presidential candidate Rep. Ron Paul of Texas on Friday at the University of Minnesota. Unlike most town hall meetings called to discuss health care, this one dealt… Continue
Added by Localtarian on September 26, 2009 at 5:30pm —
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Tremendous news! I just got off the phone with Dr. Paul's publisher, and Ron's new book End The Fed will enter the NYT's bestsellers list at #6. This new book is a great tool for spreading the message of sound money.
These results are on par with last year's initial success of The Revolution: A Manifesto. Keep in mind, the fall is a much more competetive time… Continue
Added by Localtarian on September 24, 2009 at 2:57pm —
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With guns drawn and flashlights cutting through darkened rooms, Polk County undercover drug investigators stormed the home of convicted drug dealer Michael Difalco near Lakeland in March. As investigators searched the home for drugs, some drug task force members found other ways to occupy their time. Within 20 minutes of entering Difalco's house, some of the investigators found a Wii video… Continue
Added by Localtarian on September 22, 2009 at 8:02pm —
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BALTIMORE — The call from the White House usually would come in late afternoon. President Clinton had a few hours open in the evening. Could he come over?
Taylor Branch, the Pulitzer Prize-winning author and civil rights historian, would pick up a notepad of questions and two microcassette recorders and drive his truck down Interstate 95 to… Continue
Added by Localtarian on September 21, 2009 at 5:46pm —
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Trade Wars and Protectionism are not Free Trade
Texas Straight Talk By: Dr. Congressman Ron Paul
http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20found,ID=090921_3531,TEMPLATE=postingdetail.shtml
Two weeks ago, both the administration and the Fed announced with straight faces that the recession was over and the signs of economic recovery were clear. Then last week, the president made a stunning decision that signals the administration’s… Continue
Added by Localtarian on September 21, 2009 at 4:30pm —
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One day, you hear a loud knock on your front door.
But it’s not a neighbor visiting or someone trying to sell you a subscription.
Instead, it’s a federal agent -- the federal government’s newest threat to your liberty demanding to check your household appliances . . . your light bulbs . . . your thermostat . . . and this is NO… Continue
For three decades, Rep. Ron Paul has waged a lonely battle in Congress to abolish the Federal Reserve. But he has more foot soldiers across the nation today, particularly after the financial crisis, who are leading the drive for wider congressional audits of the central bank. (See today’s Journal story for more on their movement.)
Rep. Ron Paul speaks to a growing group of followers.… Continue
Added by Localtarian on September 17, 2009 at 1:38pm —
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So, the Navy can apparently come and fly into a municipal air port, shut down more than half the run-way so they can refuel. At one point, both the air port manager/operator and the owner of the Jet behind the Navy's chopper decided to stand up to the Navy and they all got in a little confrontation about the situation. Apparently, if the Navy wants to, they can land at your local municipal air port and partly shut it down if they feel it necessary.…
WASHINGTON – The lodge room of the Naval Masonic Hall is a colorful and somewhat inscrutable sight for the nonmember, with its blue walls, Egyptian symbols, checkered floor in the center and high ceiling painted with gold stars.
Countless secrets supposedly have been shared in this and thousands of similar rooms of the Masons around the… Continue
Added by Localtarian on September 15, 2009 at 3:12pm —
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Obama delivered one of his famous teleprompter speeches today at Federal Hall in New York on the one-year anniversary of the Lehman Brothers scam. It was a cynical move, considering Obama spoke from the building where the country’s founders once argued over how much the government should control the national economy. Federal Hall also served as the first… Continue
Added by Localtarian on September 15, 2009 at 3:10pm —
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What frugal person doesn't like libraries? They're like a video store, only better. Which is why we're horrified to learn that thanks to the economic meltdown and the state of Pennsylvania's inability to pass its budget, the Philadelphia Free Library is closing on October 2nd. They'll be ending all services and programs, and closing all of the buildings. They want all of the books back,… Continue
DW Description: Chris Langan is known to have the highest IQ in the world, somewhere between 195 and 210. To give you an idea of what this means, the average...