Ron Paul: Audit the Fed, Then End It! 5/18/09

http://www.house.gov/paul
http://CampaignForLiberty.com

Ron Paul's HR1207 to audit the Federal Reserve is gathering steam, and a companion bill has been introduced in the Senate (S604). This is Dr. Paul Texas Straight Talk for May 18, 2009.

"I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats. Senator Bernie Sanders has introduced a companion bill in the Senate S 604, which will hopefully begin to gain momentum as well. I am very encouraged to see so many of my colleagues in Congress stand with me for greater transparency in government.

"Some have begun to push back against this bill, and I am very happy to address their concerns.

"The main argument seems to be that Congressional oversight over the Fed is government interference in the free market. This argument shows a misunderstanding of what a free market really is. Fundamentally, you cannot defend the Federal Reserve and the free market at the same time. The Fed negates the very foundation of a free market by artificially manipulating the price and supply of money the lifeblood of the economy. In a free market, interest rates, like the price of any other consumer good, are decentralized and set by the market. The only legitimate, Constitutional role of government in monetary policy is to protect the integrity of the monetary unit and defend against counterfeiters."
--Ron Paul

Category:

News & Politics

Tags:

• congressman
• ron
• paul
• texas
• straight
• talk
• audit
• the
• fed
• then
• end
• it
• federal
• reserve
• inflation
• hr1207
• hr
• 1207
• s604
• transparency

[Jenime]

We can do it! End the Fed and free humanity!

[czubspenx]

How can other politicians even look Ron Paul in the eye? How come there is only politicain that represents the people? Sickening, to say the least.

[democratsaresmart]

RON PAUL DOESNT KNOW HOW TO CREATE JOBS, HE JUST WANT TO SELL HIS BOOK, HE USES WORDS LIKE CONSTITUTION AND LIBERTY. THESE 2 WORDS ARE IMPORTANT TO AMERICAN PEOPLE , HE HAS NO PLAN ON HOW EXACTLY HE WILL CREATE JOBS, POPULATION OF CHINA IS 1.4 B , USA HAS 310 MLN, RON PAUL IS A JOKE ! HE WANTS TO BRING ALL TROOPS HOME AND BECOME A PUSSY COUNTRY, DONT BUY IT USA! THIS OLD FART TAKES PISS TWICE A NITE HE IS 76, SOON HE WILL WEAR DIAPERS!

RON PAUL ; WHAT KIND OF DOCTOR RU IF YOU SAY YES TO DRUGS?

[mattmatt115]

@OldBenFranklin Im pretty sure it has to do much with the Royal Family and the Queen.

Look at Canada, its more in your face here

Her face is on 20 dollar bills and we have what you call "crown land" which is actually owned by the Queen of England....

Its shocking, and nobody talks about it and no one seems to even realize it! Canadians are actually the Queen of Englands peasants, and Americans cant audit the Fed. Why not? What the fuck is going on here? I was told otherwise in school!!!!

[SmartGuyMan]

@czubspenx His son, Rand Paul, does a good job too :)

[sentient001]

SHARE THIS VIDEO DO YOUR PART

[AustrianAnarchist]

Why don't we end it, THEN audit it? (Still audit it, so Bernanke and the other assholes can be locked in jail)

[ghostrid3]

That would have my vote!

[redhead761]

No wonder Lindsey Graham is shitting in his pants. If this INTELLIGENT guy can be heard, Graham will be finished!

[OldBenFranklin]

The bigshots in Washington D.C. best do two things:

1. Llisten to Ron Paul, and AUDIT THE FED.

2. Make damn sure that nothing untoward happens to our good friend, Ron Paul.

No more mumbo-jumbo from the FED about secrecy. Horseshit. There is an ever growing number of folks out here who have just about had it with these conniving, lying, two-bit ratsnakes trying to interfere with an AUDIT and the right of the working folks of this country to know just what the Hell is going on!

[thegreendome]

Ron Paul / Jesse Ventura 2012!!