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Congressman Bachus on H R 1207 , Federal Reserve Transparency Act

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Uploaded by on Sep 25, 2009

Congressman Bachus discusses the Federal Reserve Transparency Act during full committee hearing

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Top Comments

  • The Ron Paul Republicans will take over in a matter of years. It's time for true conservatives to take back our party.

    RON PAUL 2012!!!

  • down with the FED! Long live the republic!!

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All Comments (28)

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  • Let this EMPIRE come to an end!

  • Wow! To understand the reason why all of this is happening, watch:

    EndGame HQ full length version

    You can cut & paste

    EndGame HQ full length version

    onto the YouTube search section and it will take you directly to the video.

    It takes an hour to watch, so be ready to use and expand your mind.

  • It was attached as an amendment to the horrendous new banking regulations bill that was debated and passed through the House today! Dr. Paul said, 'A very good piece of legislation tacked on to a very bad piece of legislation.'

  • When will this Bill go Through?.

  • Relisticly both Republican & Democrate including the other less prevelent parties within the U.S. government are to blame for the present issues.

    What is needed is someone:

    *Who will protect and uphold constitutional values as it is our heritage.

    *Supports Capitalism & not socialistic values.

    *Yea america screws up like any other nation but - America is not bad (Obama)

  • Transferring of dept is not making it go away. It would be like me having several credit cards and paying off one credit card with a another while getting hit with internist in addition to it ruining ones credit rating.

    However even doing that does not is not as irresponsible as one private bureaucracy bailing out another public bureaucracy that steals from The People.

    Fed Reserve must be reformed or done away with in addition to domestic financial policies and regulations.

  • a Congressman with the sense to be ashamed? Who'd-a-thunk it?

  • not paper money, its an injection of capital into the m2 aggergate... but more or less your right =)

  • Bachus is doing what "great" Republicans do very well. Being so very wrong while being so very right. The idea that The Fed holds the majority of US debt and "not China" is false. When China buys those bonds, the bonds belong to China. If what he means is that the actual bonds are physically "held" at the Federal Reserve Depository for the Chinese then he is right. China owns more American debt than any other entity. Isnt that why we need to audit the Fed? So this info is more clear to everyone?

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