Ron Paul - Audit the Fed

Complete video at: http://fora.tv/2009/06/24/Ron_Paul_Bringing_Transparency_to_the_Federal_Reserve

Representative Ron Paul (R-TX) defends his Federal Reserve Transparency Act of 2009, which calls for an audit of the central bank.

-----

The Cato Institute hosts a discussion on increasing the public transparency of the Federal Reserve featuring Rep. Ron Paul (R-TX); with comments by Gilbert Schwartz, Partner, Schwartz and Ballen LLP, Former Associate General Counsel, Federal Reserve; and Bert Ely, President, Ely and Company, Inc. Moderated by Mark Calabria Director, Financial Regulation Studies, Cato Institute. - Cato Institute

Ronald Ernest Paul is a Republican United States Congressman from Lake Jackson, Texas, a physician, a bestselling author, and a former 2008 U.S. presidential candidate.

Category:

News & Politics

Tags:

• ron
• paul
• federal
• reserve
• bank
• fed
• audit
• taxes
• taxation
• return
• gold
• standard
• monetary
• policy
• print
• money
• government
• control
• inflation
• deflation
• bernanke
• fora.tv
• foratv
• fora
• tv

[TheLayla0110]

The Federal Reserve should be audited. They should be as transparent as the Corporations in this country.

How do we change our government? We need to come together as our fore fathers before us and stop this?

[InTheSticks1881]

Now that was some 'down to earth' Texas straight talk.

[now2gold]

A great man

[RenegadeTimes]

Audit the Fed ...End The Fed...ummm

it did sell some books..ahhh your senate at work

for themselves..bravo ! lol

[terr547]

And audit of the Fed is an abolishment of the Fed. We have your back Dr. Paul, and we will protect you.

[RonRepublican]

"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 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."

[jblcva]

People clamor for H.R. 1207 I also support

this. I am not sure people want to know how

deep the rabbit hole goes???? This legislation

isn't likely to pass. Both sides are dirty.

[VikingNinjitsu]

a system like that would be wasteful and subject to a lot of fraud. You know, people campaigning just to get money from the government. It could only work if you had very harsh punishments for abusing it. I've seen first hand how wasteful third party campaigns can be.  I think fighting is the answer. Each candidate has 5 people, you have a battle royal, and the candidate with someone standing is the winner =]

[espunde]

Irrational exuberance is hard to tame when the Fed is the one pumping up the bubble with artificial credit.

I can understand you'd like a middle ground, but a Central Bank is always created for one reason, to enrich the powerful. I like auditing it at least, that's a good first step, but I hope and pray to see it abolished, our currency is grossly over printed and hence worthless, fiat currency always suffers this fate.